SBS News

KDI Raises This Year's Growth Forecast to 3.2%, Up 0.7%p... Cites Limited Spread to Lived Economy This adjustment follows an analysis showing that surging semiconductor exports and facility investments, driven by the global artificial intelligence boom, are strongly powering economic growth. SBS Aug 19, 2026 3:01 PM

Hanwa Breaks Into U.S. Army Market with K9 Howitzer: Contract Value Revealed Hanwha has achieved a historic milestone by exporting self-propelled howitzers to the United States, the world's largest defense market, for the first time with a domestically developed weapon system. SBS Aug 19, 2026 2:09 PM

Won-Dollar Exchange Rate Falls into 1,300-Won Range for First Time in 10 and a Half Months Amid Expectations of US Rate Freeze and Exporter Dollar Selling The won-dollar exchange rate has fallen into the 1,300-won range for the first time in approximately 10 and a half months, driven by expectations that the U.S. SBS Aug 19, 2026 1:28 PM

AMCHAM Hosts Special Luncheon with Deputy Prime Minister Koo Yun-cheol to Discuss Implementation of $350 Billion Strategic Investment The American Chamber of Commerce in Korea announced on the 19th that it hosted a special luncheon meeting featuring Deputy Prime Minister and Minister of Economy and Finance Koo Yun-cheol at the Grand Hyatt Seoul hotel in Yongsan-gu, Seoul. SBS Aug 19, 2026 1:26 PM

Land Minister: 'No Housing to Be Built Across Entire Yongsan Park… Targeting Areas That Lost Green Space' ▲ Minister of Land, Infrastructure and Transport Kim Yoon-deok answers questions… SBS Aug 19, 2026 1:24 PM

Second South Korean Vessel Transits Suez Canal to Transport Crude Oil Following Hormuz Blockade The tanker loaded crude oil at the port of Yanbu in Saudi Arabia and passed through the Bab el-Mandeb Strait in the Red Sea. SBS Aug 19, 2026 1:23 PM

Kim Jung-kwan, U.S. Commerce Secretary Hold Two-Day Talks... Focusing on Coordinating U.S. Investments Commerce Secretary Howard Lutnick on August 17–18 to intensively discuss strategic investment projects in the U.S. SBS Aug 19, 2026 11:00 AM

Starbucks App Users Bounce Back Last Month Following Controversy Over 'Tank Day' According to a survey of monthly active users of major cafe brand mobile apps by retail analytics service WiseApp·Retail, the number of Starbucks app users was tallied at 7.14 million last month. SBS Aug 19, 2026 10:54 AM

Heightened Volatility or Short-Term Profit-Taking? KOSPI Plunges Amid Surge in U.S. Treasury Yields The KOSPI experienced a sharp volatility plunge on the 19th in the wake of surging long-term government bond yields in major economies. SBS Aug 19, 2026 10:53 AM

Kakao Union Urges Fair Compensation, Criticizing Management-Heavy Payouts The union urged management to disclose its compensation criteria and establish principles for fair performance distribution. SBS Aug 19, 2026 10:51 AM