SBS News

Record Boom Sparks Clash as SK Hynix Proposes Stock Incentives and Wage Adjustments Labor tensions are rising at SK Hynix as the company, riding a wave of record-breaking earnings, proposes paying part of employee performance bonuses in company stock and introducing a new wage system that would allow pay adjustments during downturns. SBS Jul 31, 2026 3:32 PM

KOSPI Surges 18%, KOSDAQ 11% Up... SK Hynix Hits Upper Limit, Samsung Electronics Nears It KOSPI Surges 18%, KOSDAQ 11% Up... SK Hynix Hits Upper Limit, Samsung Electronic… SBS Jul 31, 2026 3:29 PM

SK Hynix Hits Daily Limit Up with 29.95% Surge to 1.718 Million Won Shares of SK Hynix hit the daily upper limit during trading on the 31st. As of 2:21 PM today on the main bourse, SK Hynix is trading up 29.95% at 1.718 million won. SBS Jul 31, 2026 3:28 PM

KakaoBank Enters First-Ever Internet Bank Strike, With Around 700 Union Members Participating The union conducted the strike by having members take annual leave for the day. The KakaoBank labor union has gone on strike for the first time since the launch of internet-only banks, demanding a restructuring of the performance compensation system. SBS Jul 31, 2026 3:00 PM

Homeplus Labor and Management Agree to Delay Wages and Bonuses for Normalization The agreement between labor and management on compensation adjustments and deferred wage payments comes as debtor-in-possession financing is expected to be injected soon. SBS Jul 31, 2026 3:00 PM

Ministry of SMEs and Startups Resumes 'Modu Startup' Phase 2... Recruiting 10,000 People as Early as Next Month The recruitment for Phase 2 of the "Modu Startup" project, which was delayed due to a personal information leak incident, will take place as early as next month. SBS Jul 31, 2026 2:46 PM

Encryption Keys Also Leaked in Personal Data Breach: MSS Strengthens Security for 'Modoo Startup' Platform A total of 39 domestic IPs were identified as having made abnormal access attempts to the API (Application Programming Interface) of the "Modoo Startup" platform, where the personal information and startup ideas of 5,000 project successful applicants were leaked. SBS Jul 31, 2026 1:32 PM

Q2 Foreign Exchange Transactions Hit Record High Amid Rising Foreign Securities Investment and Exchange Rate Volatility According to the "Foreign Exchange Transactions by Foreign Exchange Banks in the Second Quarter" released by the Bank of Korea today, the average daily foreign exchange transaction volume (including spot and derivative transactions) during this period was tallied at $121.44 billion. SBS Jul 31, 2026 1:24 PM

June Securities Transaction Tax Surges 482%; H1 National Tax Revenue Hits 223 Trillion Won National tax revenue for the first half of this year rose by 33 trillion won compared to last year, driven by increases in earned income tax due to performance bonuses and a rise in stock trading. SBS Jul 31, 2026 1:15 PM

KOSPI Surges by Double Digits, Sidecars Triggered Simultaneously on Both Markets The KOSPI, which had fallen for three consecutive days, is continuing its sharp rally right after the market opened today . SBS Jul 31, 2026 12:12 PM