SBS News

What Is Happening at Google? 'Legendary' AI Talents Depart En Masse ⚡ Key Highlights With a major wave of core developers departing, including Jeff Dean, market concerns are escalating regarding Google's AI model development competitiveness and the performance of its frontier models. SBS Aug 21, 2026 9:02 AM

Hyundai Motor Union Launches First Full-Scale Strike in 10 Years, Halting All Plants This marks the first time in 10 years, since the 2016 collective bargaining, that the Hyundai Motor union has staged an 8-hour full-scale strike for the day. SBS Aug 21, 2026 7:53 AM

Wall Street Turns Lower in a Day… Additional Intervention Hinted U.S. stocks turned lower in a single day. With all three major indexes closing lower simultaneously, both the Nasdaq and the Dow Jones Industrial Average dropped by over 1% to finish the session. SBS Aug 21, 2026 7:46 AM

Foreigners Collecting National Pensions for Life After Just One Month of Contribution Spark Controversy As a result, critics are pointing out that the retroactive contribution system—originally introduced to guarantee retirement income for South Korean citizens and eliminate blind spots for career-interrupted homemakers—is being utilized by foreigners in a way that deviates from its original legislative intent. SBS Aug 21, 2026 7:09 AM

Ministers and Seoul Mayor Meet, But Remain at Odds Over Yongsan Park Development Minister of Land, Infrastructure and Transport Kim Yoon-deok and Seoul Mayor Oh Se-hoon met to discuss the housing supply issue in Yongsan Park, but failed to narrow their differences. SBS Aug 21, 2026 6:29 AM

Samsung, SK Hynix Rally on Shareholders' Return Hopes Propel Kospi Following news of shareholder return policies from Samsung Electronics and SK Hynix, their stock prices sharply rebounded in a single day. SBS Aug 21, 2026 6:26 AM

Financial Accident Involving KRW 9.4 Billion 'Fraud' Occurs at IBK Industrial Bank of Korea IBK announced yesterday that a financial accident amounting to KRW 9.43971 billion occurred due to suspected fraud by an external party. SBS Aug 21, 2026 5:26 AM

Home Prices Rise Despite Supply Measures… Demand Concentrates on Non-Gangnam Areas While the government has successively introduced real estate measures, including tax revisions and additional housing supply expansion, a clear divergence in temperature by price range is emerging in the Seoul housing market. SBS Aug 21, 2026 12:27 AM

Samsung's 100 Trillion Won Shareholder Return? KOSPI Surges on Expectations The market cheered SK Hynix's 40 trillion won treasury stock buyback. Alongside Samsung Electronics, which has signaled record-high shareholder returns, both stocks surged around 10 percent, driving a sharp rebound in the KOSPI. SBS Aug 21, 2026 12:24 AM