SBS News

Starbucks Posts 18.4 Billion Won Operating Loss in Q2, Down 47.7 Billion Won from Q1 SCK Company, the operator of Starbucks Korea, swung to a net operating loss in the second quarter of this year. SBS Aug 13, 2026 2:02 PM

$21.65 Billion in Foreign Funds Exited in July... Net Outflows Continue for 6th Consecutive Month According to the "International Financial and Foreign Exchange Market Trends" statistics released by the Bank of Korea today , $21.65 billion in foreign securities investment funds flowed out on a net basis in July. SBS Aug 13, 2026 1:43 PM

KakaoBank Union to Stage Second One-Day Strike Tomorrow... "Struggle Will Continue Until Demands Are Met" The labor union of internet-only bank KakaoBank is launching a full one-day strike tomorrow to demand improvements in performance compensation. SBS Aug 13, 2026 1:39 PM

Last Month's Car Exports Exceed $6.2 Billion, Reaching Record High for July Amid simultaneous increases in domestic car sales and production, eco-friendly vehicles continued to enjoy steady popularity both at home and abroad. SBS Aug 13, 2026 1:38 PM

National Tax Service Launches Special Tax Probe into KB Kookmin Bank Until Year-End According to the financial sector today , the Investigation Bureau 4 of the Seoul Regional National Tax Service dispatched investigators to the new headquarters of KB Kookmin Bank in Yeongdeungpo-gu, Seoul, to secure accounting materials necessary for the tax probe. SBS Aug 13, 2026 1:35 PM

Surprise in Dokpamo Global Evaluation: Motif and Upstage Take 1st and 2nd Places In the second-round evaluation of the Indigenous AI Foundation Model project to select South Korea's representative artificial intelligence, startups outperformed major conglomerates in global performance metrics. SBS Aug 13, 2026 1:34 PM

FTC Launches Fact-Finding Survey on Coupang, Baemin and Others to Assess Fees and Damage Cases The Fair Trade Commission has launched a fact-finding survey to assess trading conditions between major platforms in delivery, open market, and lodging sectors and their tenant merchants. SBS Aug 13, 2026 1:31 PM

Over 230,000 New Housing Units, Including Greenbelts, to Be Supplied in Seoul Metropolitan Area The newly announced public housing sites will see the period leading up to construction cut by nearly half compared to the past, and major sites previously announced in the January 29 measures will also undergo swift related procedures to begin construction by 2030. SBS Aug 13, 2026 1:30 PM

Government to Support Young Homebuyers for Non-Apartments Valued at 400 Million Won or Less; Spousal Incomes No Longer Combined for Newlyweds The government is implementing targeted support measures for young adults and newlyweds while restricting speculative jeonse (lump-sum housing deposit) loans. SBS Aug 13, 2026 12:47 PM

Seoul Metropolitan Area to Get 230,000+ New Housing Units Including Greenbelts The South Korean government will supply more than 230,000 additional housing units in the Seoul metropolitan area, including 10,000 units from new housing sites that incorporate greenbelts. SBS Aug 13, 2026 12:47 PM