SBS News

KTX and SRT to Integrate... 10% Fare Cut and Expanded Seats The business combination of Korail and SR has been granted final approval. Accordingly, SRT will be integrated into KTX starting in September. SBS Aug 2, 2026 9:29 PM

Power Demand Peak Yet to Arrive Despite Blistering Heatwaves... "Supply and Demand Remain Stable" Even as heatwaves persist across the country, with temperatures in Yangsan, Gyeongsangnam-do exceeding 40°C for five consecutive days, electricity supply and demand are being maintained relatively stably. SBS Aug 2, 2026 6:39 PM

Gov't to Resume Strategic Oil Swaps Immediately If Needed Amid Middle East Tensions MOTIE announced that it held an "Emergency Real Economy Inspection Meeting on the Middle East Conflict" presided over by Minister Kim Jung-kwan this afternoon . SBS Aug 2, 2026 5:18 PM

"Escaping Korean Market Is Smart": 7 Trillion Won Poured In, But 50 Trillion Won "Vaporized" in Two Months Domestic investors are flocking back to the U.S. stock market. However, it has been revealed that they suffered massive losses approaching 50 trillion won over the past two months. SBS Aug 2, 2026 1:56 PM

Crackdown on Illegal Loans and Burner Phones Accelerated... Outbound Call Suspension Shortened from 7 to 3 Days The FSS stated today that it is introducing the Burner Phone Zero system, which neutralizes the incoming call functions of burner phones by flooding them with unlimited outgoing calls, in order to swiftly neutralize burner phones, a typical tool for illegal lending and debt collection. SBS Aug 2, 2026 1:39 PM

Autonomous Surface Robot Developed to Clear Algae Using Only Sunlight The Korea Institute of Science and Technology announced today that a joint research team led by Principal Researcher Oh Hyung-seok from the Clean Energy Research Center, alongside Principal Researcher Kim Nam-dong from the Super-Performance Conducting Materials Research Center and Principal Researcher Cho Hye-sung from the Extreme Materials Research Center, has developed a solar-powered, autonomous algae-control surface robot that requires no external power supply or chemical transportation. SBS Aug 2, 2026 1:38 PM

Online Platform-Merchant Disputes Surge 2.2-Fold, Concentrated in Open Markets Like Coupang This represents a 2.2-fold increase compared to the same period last year . Consequently, the proportion of online platform disputes, which accounted for 18.4% of all fair trade-related dispute mediation applications last year, surged by about 10 percentage points to 28.3% in the first half. SBS Aug 2, 2026 1:36 PM

Consumer Dispute Settlement Committee Decides Lotte Rental to Reduce Installment Payments by 30% for Mutual-Aid Bundled Products The committee announced today that it decided for Lotte Rental, the product seller, to reduce the total installment amount by 30% in connection with prepaid installment transaction cases linked to mutual-aid services and electronic appliance purchases. SBS Aug 2, 2026 1:34 PM

KTX-SRT Integrated App 'Korail+' to Launch Tomorrow; Existing Apps to Remain Available for Now The Ministry of Land, Infrastructure and Transport announced today that users can access the integrated app starting at 9:00 a.m. SBS Aug 2, 2026 12:40 PM

China's AI and Supply Chain Push: "Korea Must Expand Irreplaceability of K-Manufacturing" The Korea Institute for Industrial Economics and Trade made the assertion in a report titled "U.S.-China Competition 2.0, Changes in China's AI and Supply Chain Strategies and Our Response: Strategic Cultivation and Utilization of K-Manufacturing Irreplaceability" released today . SBS Aug 2, 2026 11:58 AM