SBS News

When Worn Clothes Turn to Cash: Secondhand Fashion Thrives Amid High Inflation As secondhand trading becomes increasingly active, we are now living in an era where clothes sitting unworn in your closet can turn into cash. SBS Aug 9, 2026 11:47 PM

"Left Home to Care for Grandchildren" and "Is Non-Residence Speculation?" Flood of Public Complaints Over Government Tax Revision Plan Yields 2,000 Public Opinions Public legislative opinions are pouring in regarding the government's tax revision plan, ranging from backlash over increased tax burdens to demands for expanding exceptions for actual residency. SBS Aug 9, 2026 5:02 PM

"Leverage Overheating Seems Relieved," Foreign Media Diagnoses... "To Re-enter" Forecasts are emerging that the extreme volatility in the South Korean stock market may be entering its final stage due to leverage liquidation and tighter regulatory enforcement by authorities. SBS Aug 9, 2026 2:51 PM

"Impersonating Public Officials to Induce Proxy Purchases"... About 5,000 Suspected New Phishing Accounts Flagged in One Month The Korea Financial Intelligence Unit under the Financial Services Commission announced on August 9 that 4,935 cases were reported as new phishing and subjected to temporary measures by financial institutions up to August 4. SBS Aug 9, 2026 1:32 PM

FSS Issues Consumer Alert Over Voice Phishing Laundering via Mart Gift Certificates The FSS warned, "Recently, methods of cashing out voice phishing funds by purchasing gift certificates instead of transferring funds or withdrawing them via ATMs are on the rise, and victims who handed over their accounts or debit cards after being tricked by promises of loans can also face criminal punishment." Scammers posing as savings banks and other institutions told low-credit individuals that they would help them get loans by purchasing gift certificates on their behalf, thereby obtaining their debit cards and bankbooks. SBS Aug 9, 2026 1:31 PM

Nonghyup Hanaro Fined 462 Million Won for Collecting Sales Allowances on Non-New Products for unfairly receiving new-product entry allowances and other violations. According to the investigation, Nonghyup Hanaro Yutong, which operates Nonghyup Hanaro Mart, collected a total of 302.36 million won in "new product entry allowances" from 43 suppliers between February and November 2021 in exchange for stocking 187 items that did not qualify as new products. SBS Aug 9, 2026 1:26 PM

June Tourism Balance Records Surplus for 4th Consecutive Month, Reaching Post-COVID High The monthly tourism balance has recorded its highest level since the COVID-19 pandemic. SBS Aug 9, 2026 12:16 PM

"Limited Spillover Effects of Public Institution Relocation... Need for Innovation City Hub Strategy" According to a report titled "Spillover Effects of Regional Relocation of Public Institutions and Direction for Innovation City Hub Strategies" released by the Korea Institute for Industrial Economics and Trade on August 9, there was a significant net population influx from the metropolitan area to innovation cities during 2014–2017 when public institutions relocated in earnest. SBS Aug 9, 2026 11:15 AM

106 Businesses Caught Violating Livestock Origin Rules During Peak Vacation Season, Pork Most Common Authorities have cracked down on 106 businesses for selling foreign livestock products disguised as domestic ones or failing to label their country of origin ahead of the summer vacation season. SBS Aug 9, 2026 11:11 AM

Half of Global Enterprises Expected to Use Chinese AI in Two Years Predictions indicate that half of all enterprises worldwide will adopt Chinese artificial intelligence models within two years. SBS Aug 9, 2026 10:52 AM