SBS News

Estimated Losses at Top 5 Banks Exceed 1.2 Trillion Won... Highest in 7 Years Loans effectively written off as unrecoverable by the top five commercial banks have surpassed 1.2 trillion won, marking the highest level in seven years. SBS Aug 5, 2026 10:37 AM

Coupang Posts Record Operating Loss Hit by Data Leak Fine Coupang has recorded its largest operating loss since going public, weighed down by a fine for personal data leaks. SBS Aug 5, 2026 10:32 AM

KOSPI Surges Over 4% to Reclaim 6,600 Range, Buy Sidecar Triggered Boosted by strong overnight performance in the U.S. stock market, the KOSPI surged over 4% to quickly reclaim the 6,600 mark. SBS Aug 5, 2026 9:54 AM

Kakao Games Posts Widened Q2 Loss Amid Prolonged Drought of Hit New Releases The Kosdaq-listed company announced in a regulatory filing on August 5 that its preliminary consolidated operating loss for the second quarter stood at 23 billion won, showing an increased deficit compared to an operating loss of 8.6 billion won in the same period last year. SBS Aug 5, 2026 9:47 AM

Will Draft Beer Prices Rise? Liquor Tax Discount to End This Year It is time for "Friendly Economy" on Wednesday with reporter Han Jiyeon. SBS Aug 5, 2026 9:46 AM

"Check Samsung Electronics Air Conditioners Amid Record Heatwave" The first step in air conditioner maintenance is periodic filter "cleaning," which is essential to keep the cooling performance at its optimal level. SBS Aug 5, 2026 9:45 AM

Coupang Founder Bom Kim: "Maintaining Growth Trajectory Through Recovery of Wow Members, Expansion of New Businesses" Chairman Bom Kim Coupang Inc. Chairman Bom Kim said on August 4 that "the fundamental flow of growth remains unchanged." During the second-quarter earnings conference call held on this day, Chairman Kim stated, "Most of the customer spending affected by the personal data leak incident has already recovered, and we have now returned to the same growth trajectory as before the incident." Coupang Inc. SBS Aug 5, 2026 9:45 AM

Coupang Inc. Records Record Operating Loss of KRW 835 Billion Due to Personal Data Leak Fine has posted its largest operating loss since its public listing in 2021, hit by the fallout from a heavy fine over a personal data leak. SBS Aug 5, 2026 9:45 AM

Coupang Inc. Records Record Operating Loss of KRW 835 Billion Due to Personal Data Leak Fine posted its largest quarterly operating loss since its public listing in 2021, weighed down by a hefty fine for a personal data leak. SBS Aug 5, 2026 8:43 AM

Wall Street Hits Record Highs Boosted by Palantir's Strong Earnings Here is the New York stock market update. Both the S&P 500 and the Dow Jones Industrial Average closed at all-time highs. SBS Aug 5, 2026 7:57 AM