SBS News

July Exports Hit Second-Highest Ever at $98.89 Billion on Semiconductor Boom Driven by a booming semiconductor sector, South Korea's exports last month recorded the second-highest performance in history. SBS Aug 1, 2026 10:05 PM

Brokerages Face Backlash for Late Revisions After Boasting High Kospi Projections Securities firms that once competed to forecast a "10,000-point Kospi era" are now facing criticism for "belated" adjustments as they belatedly lower their outlooks. SBS Aug 1, 2026 5:51 PM

Ministry of Agriculture to Provide 2.1 Billion Won in Emergency Additional Aid for Severe Drought in Southern Regions The ministry explained that following its support of 8 billion won (including 10 billion won with local government funds) back in March ahead of the full-scale farming season to expand agricultural water supply facilities in drought-prone areas, it is now deploying additional emergency funds centered around the Gyeongsang and Jeolla regions, where the drought situation is critical. SBS Aug 1, 2026 2:45 PM

July Exports Hit Second-Highest Ever at $98.9 Billion, Exceeding $40 Billion for Two Consecutive Months South Korea's exports last month reached 98.9 billion dollars, marking the second-highest performance on record following the previous month's all-time high. SBS Aug 1, 2026 12:30 PM

Kospi Surges by Record 1,001 Points in Massive Rebound After three consecutive days of a nightmarish plunge, the Kospi skyrocketed by over 1,000 points in a single day, breaking all-time records for the largest-ever gain. SBS Aug 1, 2026 11:29 AM

Kospi Recovers 86% of Three-Day Drop in a Single Day... Surges Over 1,000 Points Another unprecedented number appeared on the Kospi. Overcoming the steep plunge of the past three days, the index soared by more than 1,000 points today , recording the largest percentage increase in history. SBS Aug 1, 2026 11:28 AM

July Exports Hit Second-Highest Ever at $98.9 Billion, Up 62.8% Year-on-Year While semiconductors, a key flagship item, led exports by exceeding 40 billion dollars for the second consecutive month, the trade surplus also surpassed 30 billion dollars following the previous month. SBS Aug 1, 2026 11:21 AM

Unexpected Background Behind KOSPI's Surge... Markets Buzz with 'End of Vicious Cycle' Behind today's historical surge lies a new U.S. hedge fund. While it grew rapidly by heavily investing in AI-related companies, recent plunges in tech stocks left it with massive losses. SBS Aug 1, 2026 10:36 AM

"Profits in Two Years" Surprise Announcement... Why "Samsung Electronics at 250,000 Won" Draws Attention Let's take a closer look at the background behind the extreme volatility in the stock market and its outlook with Editorial Writer Park Jin-ho. SBS Aug 1, 2026 9:56 AM

Gas Station Fuel Prices Fall for 11th Consecutive Week... Gasoline and Diesel Stay in the 1,800-Won Range For the fifth week of July , the average retail price of gasoline at gas stations nationwide stood at 1,869.1 won per liter, down 3.3 won from the previous week. SBS Aug 1, 2026 9:26 AM