SBS News

Bitcoin Rebounds Past 100 Million Won After Brief Slump... Why Experts Claim 'The Bull Market Is Just Beginning' Surging over 16% in just two days to surpass 104 million won, Bitcoin is projected to see further gains as it evolves to serve as the foundation of the financial market, according to experts. SBS Aug 21, 2026 2:49 PM

Korea Exchange Receives Kakao’s Preliminary Listing Application for Split Re-listing The exchange explained, "The applicant company plans to spin off its KakaoTalk-based artificial intelligence business and advertising business divisions through a corporate split for re-listing, while the surviving entity will continue to operate its fintech, content, and mobility businesses." Earlier in the day, Kakao held a board of directors meeting and resolved to split into Kakao AI and Kakao X . SBS Aug 21, 2026 2:08 PM

Renault Korea Reaches Tentative Wage Agreement… Final Decision on August 26 The tentative agreement will be finalized at a general meeting of employees on August 26, following explanatory sessions for union members. SBS Aug 21, 2026 1:22 PM

Kakao to Split into 'Kakao AI' and 'Kakao X' for AI and Future Investments Kakao AI will launch as an AI core company connecting KakaoTalk with AI, advertising, and commerce, while Kakao X will be established as a future-value investment company encompassing key affiliates in techfin, content, and mobility. SBS Aug 21, 2026 1:13 PM

Hyundai Motor Union Launches Full Strike for First Time in 10 Years, Halting Production Lines The Hyundai Motor labor union went on an 8-hour full strike today for the first time in 10 years due to stalled wage negotiations. SBS Aug 21, 2026 12:21 PM

"Extending Retirement Age to 65 Again"... Hyundai Motor Union Goes on Full Strike for First Time in 10 Years The Hyundai Motor union has gone on a full strike today for the first time in 10 years, demanding the extension of the retirement age. SBS Aug 21, 2026 11:39 AM

Top 10% Earners Receive Over Half of Insurance and Education Tax Deductions In particular, benefits such as deductions for insurance premiums, pension accounts, and education expenses were concentrated more than half in the top 10 percent income bracket. SBS Aug 21, 2026 11:14 AM

Fast-Track System Introduced for Industrial Crisis Response Special Zone Applications to Accelerate Action The Ministry of Trade, Industry and Energy announced today that the partial amendment to the Regional Industrial Crisis Response Act containing these measures passed the plenary session of the National Assembly yesterday . SBS Aug 21, 2026 11:13 AM

BOK Senior Deputy Governor Says Rate Hikes Have Side Effects, Calls for Balanced Judgment In his inaugural address, he noted, "Although growth is improving better than expected thanks to a boom in semiconductors, inflation is hovering above target levels, and risks of financial imbalances centered on household debt and housing prices are persisting. SBS Aug 21, 2026 11:12 AM

Kakao Appoints Jung Shin-ah as Head of Kakao AI and Kim Do-young as Head of Kakao X ▲ Kakao CEO Jung Shin-ah Following its corporate spin-off, Kakao has nominated c… SBS Aug 21, 2026 11:07 AM