SBS News

"Korea's Tech and Brazil's Resources Must Join Forces"... Rare Earths Cooperation Also on the Table President Lee Jae-myung, who is currently making a state visit to Brazil, attended a South Korea-Brazil business event. SBS Jul 29, 2026 6:29 AM

Legislation Subcommittee Passes Criminal Procedure Act Amendment to Abolish Prosecution's Supplementary Investigation Power Led by Ruling Parties The amendment to the Criminal Procedure Act, which abolishes the prosecution's supplementary investigation power, passed the Legislation and Judiciary Committee's 1st Subcommittee last night . SBS Jul 29, 2026 6:27 AM

South Korea, Brazil Business Leaders Meet: "Partners for the Era, Hope for One Team" Attendees from the South Korean side included Ryu Jin, chairman of the Federation of Korean Industries ; Chung Euisun, chairman of Hyundai Motor Group; Chang In-hwa, chairman of POSCO; Cho Won-tae, chairman of Korean Air; Park Seung-hee, president of Samsung Electronics; Ryu Jae-chul, CEO of LG Electronics; Lee Dong-hoon, CEO of SK Bioscience; Jung In-sub, president of Hanwha Ocean; Moon Jae-young, CEO of HD Hyundai Construction Equipment; and Choi Soo-yeon, CEO of Naver. SBS Jul 29, 2026 5:47 AM

President Lee: "Next-Gen Civilian Aircraft Development, Critical Minerals, and Beauty Cooperation with Brazil" President Lee Jae-myung, who is on a state visit to Brazil, said regarding economic exchanges between South Korea and Brazil that "great results can be achieved in three major areas: the joint development of next-generation civilian aircraft, supply chain cooperation in critical minerals, and K-beauty." Speaking at the South Korea-Brazil Business Roundtable held at a hotel in São Paulo, President Lee stated, "It is very meaningful to discuss future cooperation between our two countries here in São Paulo, which can be called the heart of the South American economy." He added, "If the business leaders of both countries join forces, South Korea and Brazil can grow together as aviation manufacturing powerhouses leading the global aerospace market, important partners in supply chain cooperation, and furthermore, leaders in the global beauty market." Regarding civilian aircraft cooperation, he first evaluated that "Brazil possesses top-tier production capabilities for small and medium-sized civilian aircraft." On critical mineral supply chain cooperation, he diagnosed, "Brazil is a treasure trove of nickel and iron ore, which are essential minerals for advanced industries. SBS Jul 29, 2026 5:45 AM

National Assembly Speaker Cho Jeong-sik's Remarks on Consecutive Term Constitutional Amendment Spark Controversy: Ruling Party Treads Cautiously, Opposition Responds with Backlash Although the Office of the National Assembly Speaker attempted to quell the issue by clarifying that it was a principled remark made with the full awareness that such a move is impossible under current constitutional provisions, suspicions persist that the remarks may have left open the possibility of a consecutive term for President Lee Jae-myung. SBS Jul 29, 2026 5:41 AM

South Korea, Brazil Adopt Joint Statement... Accelerating Rare Earths Cooperation and Mercosur Agreement Talks President Lee Jae-myung, currently on a state visit to Brazil, held a summit with Brazilian President Luiz Inácio Lula da Silva and adopted a South Korea-Brazil joint statement. SBS Jul 29, 2026 5:03 AM

Backlash Over Disciplinary Action as "Privatization of Party by Leader Jang": Internal Strife Hits Ethics Committee Internal strife is deepening within the People Power Party as disciplinary procedures have been initiated against three incumbent lawmakers. SBS Jul 29, 2026 1:46 AM

Chungcheong Delegate Voting Begins Amid Turmoil Over Alleged Shincheonji Involvement The Democratic Party has kicked off its main primary voting for party leadership, starting with the Chungcheong region. SBS Jul 29, 2026 1:44 AM

"Consecutive Terms for Incumbent President Is a Matter of Public Choice," Sparks Backlash from People Power Party National Assembly Speaker Cho Jung-sik has sparked political controversy by stating that allowing consecutive terms for an incumbent president is a matter of public choice. SBS Jul 29, 2026 1:04 AM

Legislation Subcommittee Passes Criminal Procedure Act Revision to Abolish Prosecutors' Supplementary Investigation Powers Led by Ruling Coalition A revision to the Criminal Procedure Act, which aims to abolish prosecutors' supplementary investigation powers, has just passed the 1st Bill Review Subcommittee of the Legislation and Judiciary Committee in the National Assembly. SBS Jul 29, 2026 12:43 AM