SBS News

Won-Dollar Exchange Rate Hits 11-Month Low, Plummets to 1,300-Won Range The won-dollar exchange rate, which once soared above the 1,500-won mark, has fallen to the 1,390-won range, recording its lowest level in about 11 months. SBS Aug 19, 2026 10:09 PM

KOSPI Drops Below 6,500 Amid Rising US Bond Yields; SK Hynix Announces 40 Trillion Won Share Buyback and Retirement As yields on U.S. Treasury bonds—long considered a quintessential safe-haven asset—surged, the South Korean stock market experienced heavy turbulence today . SBS Aug 19, 2026 10:09 PM

Household Debt Exceeds 2 Trillion Won to Hit Record High... Increased by 26 Trillion Won in Q2 South Korea's total household debt surpassed 2 trillion won for the first time on record, reaching 2.019 trillion won as of the second quarter of this year. SBS Aug 19, 2026 10:08 PM

SK Hynix to Buy Back and Burn Over 40 Trillion Won in Treasury Shares in Unprecedented Move SK Hynix is set to acquire and incinerate a massive volume of its own shares worth over 40 trillion won. SBS Aug 19, 2026 5:46 PM

Is Google's AI Facing a Crisis as Top Talent Leaves? Warning signs are emerging regarding Google's AI competitiveness. Key developers, including Jeff Dean and Sanjay Ghemawat, have left the company, and a growing number of talents are moving from DeepMind to competitors like Anthropic and OpenAI. SBS Aug 19, 2026 5:23 PM

KOSPI Plummets 5.8% to Close at 6,471... KOSDAQ Down 1.2% The KOSPI plummeted nearly 6% today , falling back to the 6,400 range. According to the Korea Exchange, the KOSPI finished trading down 398.66 points from the previous trading session at 6,471.17. SBS Aug 19, 2026 4:41 PM

SK Hynix to Acquire KRW 40 Trillion in Treasury Shares... "Enhancing Shareholder Value Through Cancellation" SK Hynix to Acquire KRW 40 Trillion in Treasury Shares... "Enhancing Shareho… SBS Aug 19, 2026 3:48 PM

KDI Raises 2026 Growth Forecast to 3.2%, Citing Semiconductor Boom While Public Struggles The Korea Development Institute has sharply raised its economic growth forecast for this year to 3.2%. SBS Aug 19, 2026 3:45 PM

Signals of Relief for 'Loan Cliff'…Attention Focuses on Authorities-Banks Consultations This is drawing attention as it marks the first policy change by the banking sector since the government announced it would ease regulations on the total volume of household loans this year. SBS Aug 19, 2026 3:31 PM

Koo Yun-cheol Says 'Energy Sector Showing High Interest' in $350B US Investment ▲ Deputy Prime Minister and Minister of Economy and Finance Koo Yun-cheol and A… SBS Aug 19, 2026 3:03 PM