SBS NEWS

Funeral Homes Can No Longer Force Bereaved Families to Sell Wreaths for 1,000 Won In addition, bringing in uncooked outside food items such as fruit and beverages will be permitted, and prior explanation of funeral costs will become mandatory. SBS Aug 25, 2026 4:24 PM

Next Year's 'Super Budget' Exceeds 800 Trillion Won... Heavy Investment in AI, Youth, and Regions The government and the ruling party have decided to compile next year's budget on a scale of over 800 trillion won. SBS Aug 25, 2026 4:20 PM

Record-Breaking Sales "Just the Beginning"… "280% Surge" Ahead for Samsung and SK Hynix Global memory semiconductor sales this year are projected to surge 280% compared to last year. SBS Aug 25, 2026 3:28 PM

"We Won't Accept Rollercoaster Stocks"... SK Hynix Union Rejects Deal, Demands Cash Bonuses SK Hynix's labor union has ultimately voted down the tentative agreement on this year's wage and collective bargaining negotiations. SBS Aug 25, 2026 3:11 PM

With Average Prices at 1.6 Billion Won, "Even Now!"... FOMO Grips the 2030 Generation As housing prices rise rapidly, the fear of missing out, or "FOMO," is reemerging among the twenty- and thirtysomething demographic in the real estate market. SBS Aug 25, 2026 2:28 PM

Government Shortens Re-entry Restriction Period for Restarting Same Business from 3 Years to 1 Year The Ministry of SMEs and Startups announced that the amendment to the Enforcement Decree of the Small and Medium Enterprise Startup Support Act, which shortens the non-recognition period for restarting the same type of business after closure, was approved at a Cabinet meeting today . SBS Aug 25, 2026 1:46 PM

Maximum Loss Rate Must Be Disclosed When Launching Leverage Products... Past Massive Losses Also to Be Publicly Noticed In addition, details of past massive losses exceeding 20 percent must also be publicly disclosed. SBS Aug 25, 2026 1:43 PM

New Mortgage Average Drops to 208 Million Won in Q2, Marking Record Decline Amid Lending Regulations According to the Household Debt Statistics by Borrower released by the Bank of Korea today , the average new household loan handling amount per borrower in the second quarter stood at 34.14 million won, down 1.28 million won from the first quarter. SBS Aug 25, 2026 1:42 PM

SK Hynix Tentative Agreement Voted Down... Hyundai Motor Reaches Deal A tentative wage agreement reached by SK Hynix management and labor has been voted down by union members, sending both sides back to the negotiating table. SBS Aug 25, 2026 12:21 PM

BOK Allocates 20 Billion Won in Emergency Support for SMEs Affected by Heavy Rains The support will be provided by urgently allocating 20 billion won from the reserved quota of the Intermediary Financial Support Loans to the BOK's Gyeongnam Branch. SBS Aug 25, 2026 10:38 AM