SBS News

BOK Board Members Say Need for Rate Hike Grew While Burden Eased According to the minutes of the Monetary Policy Board meeting released by the BOK today, all board members voted in favor of raising the base rate from 2.50 percent to 2.75 percent, taking domestic and global financial and economic conditions into account. SBS Aug 4, 2026 5:07 PM

Government Accelerates Megaprojects and Manufacturing AX, Speeds Up Semiconductor Cluster Creation The government is accelerating its push for three major megaprojects and manufacturing artificial intelligence transformation . SBS Aug 4, 2026 4:58 PM

Minority Shareholders Move to Call Extraordinary Shareholders' Meeting Over Samsung Electronics' Sluggish Stock Price As Samsung Electronics' prolonged stock slump continues, minority shareholders are moving to gather stakes to convene an extraordinary shareholders' meeting. SBS Aug 4, 2026 4:46 PM

Wreaths of Condolence Line Up Ahead of National Assembly Calling for Immediate Delisting... Aftershocks Hit with Delayed New ETF Reviews In front of the National Assembly building in Yeouido, Seoul, dozens of funeral wreaths have lined up. SBS Aug 4, 2026 4:41 PM

Exchange Rate Stagnates in the 1,430-Won Range Amid Crossed Middle East Risk Relief and Bargain Hunting The won-dollar exchange rate remained stagnant around the 1,430-won mark today as the easing of geopolitical risks originating from the Middle East and bargain-hunting demand intersected. SBS Aug 4, 2026 4:30 PM

Kospi Rebounds 1.6% to Close in 6,300 Range; Kosdaq Surges 5.9% The Kospi rebounded to recover the 6,300 range today after experiencing a roller-coaster session with fluctuating tides. SBS Aug 4, 2026 4:27 PM

"They Said the Government Covers Losses?"... "Principal Loss" Concerns Arise in Just Two Months The People's Growth Fund, a public-participation fund heavily promoted by the government with the promise of "covering up to 20 percent of losses," has been engulfed in concerns over principal loss in less than two months since its operation began. SBS Aug 4, 2026 3:51 PM

"On Par with China's 2015 Crisis": Why Foreign Media Issued a Chilling Warning on South Korea Amid extreme volatility in the domestic stock market, a foreign media outlet has assessed that "South Korea is becoming an uninvestable country." Bloomberg columnist Shuli Ren published a column titled "South Korea Is Becoming Uninvestable, Too," evaluating that South Korea has home to both the hottest and most volatile stock market in the world this year. SBS Aug 4, 2026 3:45 PM

Sharing of Suspected Voice Phishing Info Allowed Without Consent Previously, information sharing between agencies was difficult due to restrictions under laws such as the Real Name Financial Transactions and Guarantee Act and the Credit Information Use and Protection Act. SBS Aug 4, 2026 3:23 PM

KISA Launches Head-Direct Innovation TF to Boost Cybersecurity Competitiveness The TF operates under two main pillars: management innovation and business innovation, spanning six subcommittees headed by executives. SBS Aug 4, 2026 3:17 PM