SBS NEWS

"World's Craziest Market": US Elite Fund Takes 67% Hit, Echoing South Korea's Volatile Stock Scene The Wall Street Journal recently described the South Korean stock market, which has been experiencing extreme volatility, as a "fear-inducing amusement park ride." On the 24th local time, The Wall Street Journal published an article titled "The World's Craziest Stock Market Has Become a Horror Ride," reporting that the South Korean stock market is showing a level of volatility unseen in major global markets over the past several years. SBS Aug 26, 2026 2:41 PM

Feasibility Study Passed for National Land Satellites 3 and 4... Byeollae Line Extension Selected for Preliminary Feasibility Study The Ministry of Economy and Finance announced yesterday that it held the 7th Fiscal Investment Evaluation Committee, chaired by Vice Minister Cho Yong-beom, and approved the preliminary feasibility study pass for a total of five projects. SBS Aug 26, 2026 2:31 PM

July Domestic Population Migration Hits 4-Year Low Amid Declining Home Sales According to the Domestic Population Migration Statistics for July released by the National Data Agency today, the number of domestic movers last month stood at 468,000, down 15.5% from the same month a year earlier. SBS Aug 26, 2026 2:22 PM

Household Loan Rates Rise for Third Straight Month; Mortgage Rates Hit Highest in 2 Years and 8 Months According to the weighted average interest rate statistics of financial institutions released by the Bank of Korea today , the weighted average interest rate on household loans by deposit-taking banks (based on newly handled loans) stood at 4.64% per annum in July, up 0.14 percentage points from the previous month. SBS Aug 26, 2026 2:21 PM

Land Minister: Yongsan Not Included in New Housing Sites; Tancheon Data to Be Reviewed Minister of Land, Infrastructure and Transport Kim Yoon-duk and Seoul Mayor Oh Se-hoon met again today to discuss pending housing supply issues, but failed to narrow their differences over utilizing Yongsan Park for housing supply. SBS Aug 26, 2026 2:18 PM

Largest Rise in Newborns in 7 Years: 146,000 Babies Born in First Half The number of newborns for June, the second quarter, and the first half of this year all reached their highest levels in seven years. SBS Aug 26, 2026 2:15 PM

Government Seeks to Boost DB Retirement Pension Returns Above Wage Growth Rate The government has decided to raise the investment returns of defined benefit retirement pensions above the wage growth rate to alleviate corporate financial burdens and protect workers' rights to receive severance benefits. SBS Aug 26, 2026 2:11 PM

Homeplus General Union Urges Suppliers to Agree to Installment Repayment of Public Claims The general labor union of Homeplus has appealed to public claim holders, including suppliers, to agree to the installment repayment of their claims. SBS Aug 26, 2026 2:10 PM

"This Is Real": Lacking Capital and Infrastructure, Why Is South Korea Betting Its Future on AI? Growth requires strength. Strength that will not waver, strength to reach even higher. SBS Aug 26, 2026 1:17 PM

Funeral Hall Wreaths, Outside Food, and Cost Transparency: What Changes It is time for the Friendly Economy segment with reporter Han Jiyeon. Han, is it true that some funeral homes have been arbitrarily selling condolence wreaths? Yes, that has been a source of conflict. SBS Aug 26, 2026 12:57 PM