SBS News

Heatwave Warnings Issued Across Most of Country; Temperatures in Parts of Gyeongnam to Reach 39°C Heatwave warnings remain in effect across most of the country today, Thursday . Extreme heat is expected to grip the region, with maximum daytime temperatures soaring up to 39°C as serious heatwave alerts have been issued for parts of Gyeongnam, including Busan, Yangsan, and Changwon. SBS Jul 30, 2026 8:56 AM

Fed Delivers Hawkish Rate Freeze; Will Bank of Korea Speed Up Hikes? Federal Reserve decided on a "hawkish rate freeze" favoring monetary tightening, the likelihood of the Bank of Korea accelerating its own monetary tightening has grown. SBS Jul 30, 2026 8:12 AM

Wall Street Plummets as U.S. Treasury Yields Hit 19-Year High and Semiconductor Stocks Weaken Wall Street. The three major U.S. stock indices all closed lower. The Nasdaq dropped over 1% as it corrected more than 10% from its all-time high, while the S&P 500 fell 1% and the Dow Jones Industrial Average weakened by over 2%. SBS Jul 30, 2026 7:53 AM

National Assembly's Culture, Sports and Tourism Committee Holds Hearing on KFA Today; Attention Focused on ChUNG Mong-gyu and Hong Myung-bo's Attendance and Responses However, concerns are being raised that it could turn into a "toothless hearing" as key witnesses have expressed their intention not to attend. SBS Jul 30, 2026 6:44 AM

"Individual Investment Limits for Single-Stock Leverage ETFs to Be Pursued Immediately" The heads of economic and financial authorities held an emergency market inspection meeting, known as the F4 meeting, and decided to set individual investment limits on single-stock leverage exchange-traded funds , which have been amplifying stock market volatility. SBS Jul 30, 2026 6:22 AM

KOSPI Plummets Below 6,000 Amid Panic Selling, Triggers Consecutive Circuit Breakers for Second Day The KOSPI plummeted by more than 1,000 points over two days, sliding down to the 5,600 range. SBS Jul 30, 2026 6:19 AM

Criminal Procedure Act and National Assembly Act Amendments Submitted to Plenary Session Today... 3-Day Filibuster Showdown Expected With the People Power Party planning to counter this with an unlimited debate, or filibuster, a intense head-on clash between the ruling and opposition parties over prosecution reform legislation appears inevitable. SBS Jul 30, 2026 6:12 AM

Targeting High-Profit Capital Gains: Government Weighs Temporary Selling Incentives For capital gains tax, the focus is expected to shift toward properties with massive capital gains rather than simply high-priced homes, while comprehensive real estate holding taxes are strongly being considered for application at the multi-homeowner tax rate level starting from market values of around 4.6 billion won. SBS Jul 30, 2026 5:24 AM

SK Hynix Posts Record Earnings, But Market Panics as Even Retail Investors Sell Off SK Hynix announced its largest-ever earnings today , but it failed to stop a plunge for the second consecutive day. SBS Jul 30, 2026 2:10 AM

Unprecedented Second Consecutive Day of Simultaneous Circuit Breakers... Plummets Another 6% Opening the stock trading window was a frightening experience today . After plunging nearly 11% yesterday, the KOSPI tumbled 6% today, sliding down to the 5,600 range. SBS Jul 30, 2026 2:07 AM