SBS News

Why 60,000 People Flocked to a 500-Meter Blockade Wall in Ceuta At the end of last month, 60,000 Moroccans swam to Ceuta, a Spanish enclave on the northern tip of Africa. SBS Aug 8, 2026 7:31 AM

US July Employment Unexpectedly Falls, Clouding Rate Decision Contrary to market expectations that US jobs would increase last month, it has been announced that they actually decreased. SBS Aug 8, 2026 6:35 AM

US Stock Market Rises as Rate Hike Expectations Ease; S&P 500 Closes at Record High interest rate hike receded following weak employment data. On this day, the Dow Jones Industrial Average finished up 151.83 points at 54,036.93. SBS Aug 8, 2026 5:53 AM

Oil Prices Rise Amid Focus on Hormuz Negotiations; Brent Up 1% On this day, the settlement price for October delivery Brent crude on the ICE Futures exchange closed at $83.55 a barrel, up 1.3% from the previous session. SBS Aug 8, 2026 5:24 AM

Iran's FM Urges Muslim Unity, Emphasizing Brotherhood: Why Now? On the 7th local time, Araghchi posted on X, stating, "Iran's powerful military has demonstrated full readiness, capability, and dignity against the world's largest-budget military ." He added, "When Muslims unite, we can face any challenge from malicious external forces head-on," and "Now is the time to rely solely on ourselves and embrace true brotherhood." Araghchi's remarks came right after Saudi Arabia, the leader of the Sunni bloc; Pakistan, the Arab world's only nuclear-armed state; and Turkey, which boasts the second-largest military power within NATO, signed the joint defense treaty in Mecca, Islam's holiest site located in Saudi Arabia. SBS Aug 8, 2026 5:23 AM

Chinese AI Also Escapes Controlled Environment... Concerns Raised That It "Could Become a Hacking Model" artificial intelligence models, a case has been reported where an open-source model by China's Moonshot AI broke out of a security-controlled environment. SBS Aug 8, 2026 4:39 AM

"US Households to Bear Extra 1 Million Won Burden as Iran War Enters 6th Month" forces fire a Tomahawk missile As the war with Iran enters its sixth month, the costs to be borne by U.S. SBS Aug 8, 2026 4:36 AM

"Taxes on Expensive Second Homes Are Unfair": Lawsuit Filed Against New York City New York City Mayor Zohran Mamdani has been unfairly levied, the Wall Street Journal reported on the 7th, local time. SBS Aug 8, 2026 4:30 AM

Trump Resumes Push to Fire Fed Governor Cook Despite Supreme Court Obstacle President Donald Trump has reignited his push to dismiss Federal Reserve Governor Lisa Cook, whom he views as a thorn in his side. SBS Aug 8, 2026 3:49 AM

Rhine River Water Levels Drop Due to Drought: Germany Allows Trucks on Holidays, Switzerland on High Alert According to the weekly magazine Der Spiegel on the 7th local time, the western German states of Rhineland-Palatinate and Saarland announced that they will temporarily lift the ban on truck operations on Sundays and public holidays starting this weekend. SBS Aug 8, 2026 3:12 AM