SBS News

Blue Crab Ban Lifts, But Scattered Catch Plummets Catches The two-month summer fishing ban on blue crabs in the Yellow Sea has ended, and full-scale operations began early this morning . SBS Aug 21, 2026 11:51 PM

Semiconductor Boom Triggers 'Future Response Fund' and Education Subsidy Overhaul The local education finance grant, which has been automatically allocated 20 percent of internal tax revenues, is being overhauled for the first time in 55 years to reflect changes in the school-age population. SBS Aug 21, 2026 11:20 PM

"Up to KRW 110 Trillion in Shareholder Returns This Year"... Turns "Weak" After Announcement Samsung Electronics has announced that it will implement up to KRW 110 trillion in shareholder returns this year. SBS Aug 21, 2026 10:23 PM

Maximum Oil Price Cap Frozen Again: Gasoline at 1,784 Won, Diesel at 1,773 Won With the application of this 9th round of pricing, the maximum petroleum price system—first implemented on March 13—will exceed six months since its introduction. SBS Aug 21, 2026 8:42 PM

Samsung DX Union Holds Rally in Front of Seocho Office: "Take Responsibility for Management Failures" The Samsung Electronics Donghaeng Labor Union, primarily composed of employees from the company's DX division which handles home appliances, TVs, and smartphones, held a rally claiming that the deterioration in profitability is the management's fault and demanding the creation of a common financial resource. SBS Aug 21, 2026 8:29 PM

Hyundai Union Holds Strike Rally in Front of Headquarters, Demanding Extended Retirement Age and Prime Contractor Bargaining The Korean Metal Workers' Union held a rally in front of Hyundai Motor's headquarters today , pressing management to accept key demands including extending the retirement age and fulfilling prime contractor bargaining. SBS Aug 21, 2026 6:58 PM

Kakao Union to Hold Joint Action at Pangyo Station Square on Aug. 26, Demanding Joint Bargaining on the 26th at the square in front of Pangyo Station. The Kakao branch of the Korean Chemical, Food and Textile Workers' Union released a statement to this effect on the 21st. SBS Aug 21, 2026 6:43 PM

New Future Fund Nearing 100 Trillion Won Proposed; 55-Year Link to Education Grants to Be Abolished A new fund will be established to channel tax revenues that have surged amid the semiconductor boom into seed money for future growth. SBS Aug 21, 2026 6:41 PM

Visiting Bulgwang-dong, Eunpyeong-gu: A Neighborhood Sweeping Up Real Estate Good News A 32-year-old homeless reporter who went all-in with leverage and got completely stuck.. SBS Aug 21, 2026 6:02 PM

Samsung Electronics to Implement Record Shareholder Returns of Up to KRW 110 Trillion This Year, Largest in S. Korea This is more than five times the previous annual maximum scale, and specific plans will be finalized starting with a regular dividend of approximately KRW 30 trillion in the third quarter. SBS Aug 21, 2026 5:48 PM