SBS News

Power Demand Projected to Hit Record High of 96.7 GW Amid Extreme Heat... "Supply Will Remain Stable" 10. Amid the ongoing sweltering heat, the Korea Power Exchange has projected that power demand will reach up to 96.7 gigawatts this week. SBS Aug 10, 2026 4:14 PM

Volatility Index Drops 19% Following Tightened Leverage Regulations... Falls Below 70 for First Time Since May Just seven trading days after financial authorities implemented supplementary measures on single-stock leverage and inverse products, the Kospi 200 Volatility Index , often referred to as South Korea's "fear index," plummeted by nearly 20%. SBS Aug 10, 2026 3:46 PM

"Higher Than New York" More Properties Mean "Even More"?... Looking at Property Taxes A research study has been released showing that South Korea operates a strong progressive tax structure where property taxes surge sharply compared to other countries as a person owns multiple high-priced homes. SBS Aug 10, 2026 3:24 PM

Better 3% Interest Than Risky Bets: Wonie Trillions Pour Back Into Bank Deposits As the stock market correction prolongs, funds that once flowed into the stock market are returning to bank deposits, a phenomenon known as "reverse money movement." Not only individuals but also corporations are putting their surplus funds into time deposits, pushing the total time deposit balance of the five major banks past 991 trillion won. SBS Aug 10, 2026 3:19 PM

First Renewal for 147,000 Onnuri Gift Certificate Stores... Merchant Associations Allowed to Submit in Bulk The Ministry held an inspection meeting earlier today chaired by Vice Minister Lee Byung-kwon on responding to heatwaves in traditional markets and checking the renewal status of Onnuri gift certificate affiliates to review the current status of store registration renewals and support measures. SBS Aug 10, 2026 2:34 PM

BOK Overhauls Monetary Stabilization Bond Issuance System MSBs are securities issued by the BOK to financial institutions, including banks, and the general public in order to control the money supply. SBS Aug 10, 2026 2:08 PM

Last Year's Product Recalls Up 4.7% Amid Active Response to Overseas Recalled Goods The number of product recalls due to defects increased slightly last year. The Fair Trade Commission announced on the 10th that an analysis of last year's recall performance by central administrative agencies, local governments, and the Korea Consumer Agency totaled 2,656 cases. SBS Aug 10, 2026 2:06 PM

KDI: Economic Recovery Expanding Led by Semiconductors... Inflation and Employment Remain Variables In its August issue of the Economic Trends released today, KDI stated, "The Korean economy is showing an expanding recovery centering on semiconductor-related sectors." This is a more upbeat expression compared to last month's description that the economy was "maintaining a modest recovery trend backed by semiconductor exports and a buoyant service sector." KDI noted, "While exports and facility investment are showing a high growth rate centering on semiconductors, consumption is also expanding its growth rate, centered around durable goods." However, it added, "Amid lingering internal and external uncertainties such as U.S. SBS Aug 10, 2026 2:04 PM

Investors Warned of Potential Total Loss in Overseas Real Estate Funds The Financial Supervisory Service released major dispute cases and precautions for investors regarding overseas real estate public offering funds. SBS Aug 10, 2026 2:01 PM

"Said It Was Safe, Lost Everything"... Advisory Issued on Overseas Real Estate Fund Investments The Financial Supervisory Service released major dispute cases and precautions for investors regarding overseas real estate public offering funds today . SBS Aug 10, 2026 1:16 PM