SBS NEWS

Yongsan and Seoul Greenbelts Excluded from Supply Plan, Tancheon Under Review Minister of Land, Infrastructure and Transport Kim Yoon-deok and Seoul Mayor Oh Se-hoon met again over housing supply in Yongsan Park, but failed to narrow their differences. SBS Aug 26, 2026 10:02 PM

Kim Yoon-duk and Oh Se-hoon Clash After Meeting... "Yongsan Development Taboo Must Go" vs. "Withdraw Yongsan Plan" Minister of Land, Infrastructure and Transport Kim Yoon-duk and Seoul Mayor Oh Se-hoon, who met again over the issue of supplying housing in Yongsan Park, continued their war of words even after the meeting. SBS Aug 26, 2026 7:45 PM

Are There Really Private Equity Funds That Save Companies? Mom's Touch, which has been thriving with its Hot Cheese series and collaborations with famous chefs, Manyo Factory, currently conquering the cleansing oil market, Hapa Kristin, which gained word-of-mouth fame as "Jang Wonyoung's lenses." Did you know that behind all these brands lies a single private equity fund? Wait a minute. SBS Aug 26, 2026 7:27 PM

Intercity and Express Bus Fares to Rise by 9% Starting October... First Increase in About 3 Years The Ministry of Land, Infrastructure and Transport announced today that, following consultations with relevant government ministries, the upper limits for intercity and express bus fares will be raised by 9% each starting October 1. SBS Aug 26, 2026 6:12 PM

Hana Bank Falls Victim to KRW 2.4 Billion Financial Accident Due to External Fraud Hana Bank announced today that a financial incident amounting to KRW 2,417,380,000 occurred due to fraud by an external party. SBS Aug 26, 2026 6:07 PM

Duo Claimed "Most Professionals and Elite University Grads," Hit With Penalties for "Groundless False and Exaggerated Ads" These are screenshots of the homepage and outdoor bus advertisements run by matchmaking agency Duo starting in November 2022. SBS Aug 26, 2026 5:52 PM

Kakao Union Declares Struggle Against Corporate Split in Pangyo, Saying Rights Cannot Be Divided The Kakao union has announced that it will stage a five-day general strike at KakaoBank starting at the end of this month, demanding that the headquarters withdraw its plan for a corporate split and engage in joint negotiations. SBS Aug 26, 2026 5:41 PM

KOSPI Closes Higher at 0.97% Following 'Weak Start, Strong Finish' Pattern; Trading Volume Falls Below Half of Yearly Average The KOSPI turned upward after a weak start, showing a "weak start, strong finish" pattern for the second consecutive day. SBS Aug 26, 2026 5:40 PM

Won-Dollar Exchange Rate Hovers in Mid-1,380 Won Range Ahead of BOK Rate Decision The won-dollar exchange rate hovered in the mid-1,380 won range a day ahead of the Bank of Korea Monetary Policy Board's interest rate decision. SBS Aug 26, 2026 5:38 PM

Why CoreWeave and Nebius Are Surging... The Peculiar Growth Method of Neoclouds How are neocloud companies like CoreWeave and Nebius, which frequently appear in the stock market these days, actually making money? As AI demand explodes, traditional hyperscalers like AWS, Google, and Microsoft have struggled to supply GPUs and computing resources on time, and neoclouds that quickly secure and rent out the latest NVIDIA GPUs are stepping in to fill that gap. SBS Aug 26, 2026 4:48 PM