SBS NEWS

SK Hynix Tentative Wage Deal Rejected Over Stock-Based Bonuses A tentative wage and collective bargaining agreement between SK Hynix and its labor union has been voted down by a razor-thin margin of just 25 votes. SBS Aug 25, 2026 11:36 PM

Fair Trade Commission Withdraws Empty-Handed After Coupang's Resistance, First in History It has been belatedly confirmed that the Fair Trade Commission launched an on-site inspection to look into allegations that Coupang passed on discount costs, but withdrew after Coupang refused to cooperate. SBS Aug 25, 2026 11:18 PM

'Emperor-Like Residences' Used for Interior Design and Maintenance Fees... "1.9 Trillion Won Tax Evasion" A series of cases have been uncovered where corporate-owned luxury housing was used for the personal purposes of owner families. SBS Aug 25, 2026 11:17 PM

'800 Trillion Won' Super Budget Set to Focus on Future, Youth, and Regions Next year's government budget is expected to surpass 800 trillion won for the first time in history. SBS Aug 25, 2026 11:12 PM

Buy Dollars or Gold? Kwak Sang-jun of 'Stock Protractor' Advises, 'You Need to Look at This Moving Forward' This is the second installment of our interview with Kwak Sang-jun, CEO of Matrix Investment Consulting, known as the "Stock Protractor." News reports continue to suggest that interest rates, which have already risen, are likely to climb even higher, while the won-dollar exchange rate, which has already dropped, is expected to fall further. SBS Aug 25, 2026 6:32 PM

Muan Designated as Candidate Site for 1.05-Million-Pyeong National Industrial Complex to Build New Industry Hub in Honam Region The Ministry of Land, Infrastructure and Transport announced today that it has designated an area of approximately 1.05 million pyeong (3.47 square kilometers) in Hyeongye-myeon, Muan-gun, South Jeolla-Gwangju Unified Special City, as a candidate site for the Muan National Industrial Complex. SBS Aug 25, 2026 6:02 PM

SK Innovation to Merge with SKIET to Boost Separator Business Competitiveness SK Innovation and SKIET held respective board of directors meetings today and approved the agenda for the merger between the two companies. SBS Aug 25, 2026 5:57 PM

Kospi Rebounds to Close 0.68% Higher After Weak Start, Kosdaq Gains Over 1% The Kospi, which opened lower, changed direction during the session and closed on an upward note. SBS Aug 25, 2026 5:52 PM

SK Hynix Tentative Wage Agreement Voted Down by Narrow Margin of 25 Votes for Production Workers, Passed by Office Workers According to the industry today, the SK Hynix production workers' union announced that the electronic voting on the tentative agreement, which closed at 9 a.m. SBS Aug 25, 2026 5:40 PM

Won-Dollar Exchange Rate Rises to High 1,380 Won Range, Exporters' Dollar Selling Continues The won-dollar exchange rate has risen slightly to the high 1,380 won range. Today , in the Seoul foreign exchange market, the won-to-US dollar exchange rate stood at 1,386.1 won as of 3:30 PM, up 3.7 won from the same time the previous day. SBS Aug 25, 2026 5:18 PM