SBS News

Nearly 550,000 Vulnerable Households Living in Construction Shacks and Other Non-housing Units Amid Heatwave Amid continuing extreme heat waves, the number of vulnerable households living in shacks or commercial lodgings has reached nearly 550,000. SBS Aug 10, 2026 11:20 AM

Large Aerial Work Platforms Capable of Reaching Over 100 Meters Introduced to Construction Sites The Ministry of Land, Infrastructure and Transport announced on the 10th that large aerial work platforms with a gross weight exceeding 40 tons will be newly designated as special construction machinery under the Construction Machinery Management Act. SBS Aug 10, 2026 11:14 AM

CJ, Hanjin, and Lotte to Pause Deliveries on Aug 14-15; Coupang and Kurly Operating Normally CJ Logistics announced on the 10th that it has designated August 14 to 15 as Courier's Day Off, allowing approximately 20,000 of its delivery workers nationwide to take a collective break. SBS Aug 10, 2026 11:05 AM

Over Half of Seoul Metropolitan Area Apartments Priced Between 1.5 Billion and 2 Billion Won Sold at Record Highs in July This is up 5.9 percentage points from 47.9% during the same period last year, marking the largest proportion of record-high transactions among all price brackets in the metropolitan area. SBS Aug 10, 2026 11:00 AM

Seoul Private Apartment Prices for 59㎡ Average 1.56 Billion Won, Triple National Average According to an analysis of Korea Real Estate Board's CheongyakHome data by Real House, a real estate evaluation firm, the national average selling price for private apartments with a dedicated area of 59㎡ stood at 503.72 million won as of July. SBS Aug 10, 2026 10:52 AM

Youth Travel Agency Andersen Faces Refund Delays and Contact Loss: Consumer Warning Issued With issues such as delayed refunds and lost contact surrounding the youth travel agency Andersen, the 1372 Consumer Counseling Center under the Korea National Council of Consumer Organizations announced on August 10 that it is issuing a consumer damage warning. SBS Aug 10, 2026 10:49 AM

Kosdaq Surges 4–5%, Triggering Buy Sidecar Three Times This Month The Kosdaq index surged, triggering a temporary suspension of program buy orders, known as a sidecar. SBS Aug 10, 2026 10:40 AM

Seoul Private Apartment 59㎡ Units Average 1.56 Billion Won, Nearly Triple National Average According to an analysis of Korea Real Estate Board subscription data released by real estate evaluation firm Real House today , the national average sale price for private apartments with a dedicated area of 59㎡ stood at 530.72 million won as of July this year (based on a 12-month moving average). SBS Aug 10, 2026 10:39 AM

Jeju Air's China Route Passengers Up 37% This Year Amid Rising Short-Haul Travel Demand Jeju Air announced on August 10 that it supplied 494,300 seats on its routes between South Korea and China from January to July, marking a 26.8% increase compared to 389,900 seats during the same period last year. SBS Aug 10, 2026 10:38 AM

Non-China EV Deliveries Surge 30.3% in H1; Hyundai Motor Group Ranks 4th According to market research firm SNE Research on August 10, a total of 4.598 million EVs were registered worldwide outside of China between January and June, marking a 30.3 percent increase compared to the same period last year. SBS Aug 10, 2026 10:36 AM