SBS News

Oil Prices Fall on Expected Hormuz Shipping Recovery and Warsh's Hawkish Remarks On this day, West Texas Intermediate for October delivery settled down 0.13 dollars at 83.40 dollars per barrel on the New York Mercantile Exchange. SBS Aug 29, 2026 7:07 AM

Trump Administration Restricts International Student Internships in U.S., Tightening Pressure Beyond Visas Local time on the 28th, The Wall Street Journal and the Associated Press reported that the U.S. SBS Aug 29, 2026 7:05 AM

Even Republicans Criticize 'Lake America' Renaming Plan: Vermont Governor Calls It 'Childish' President Donald Trump As U.S. President Donald Trump pushes to rename Lake Ontario on the U.S.-Canada border to "Lake America," backlash is erupting even within his own Republican Party. SBS Aug 29, 2026 7:03 AM

Fed Chair Hints at Rate Hike, Citing Inflation Concerns The chair of the U.S. Federal Reserve has stated that current inflation indicators are a cause for concern. SBS Aug 29, 2026 6:30 AM

Devastating Aftermath of 'Great Flood' Captured from Above The disaster-stricken areas hit by massive torrents are completely covered in mud. SBS Aug 29, 2026 6:26 AM

Trump Announces Establishment of U.S. Space Academy: "Space Is Essential for Economy and Security" Space Academy. U.S. President Donald Trump announced on the 28th that the United States will establish the U.S. SBS Aug 29, 2026 3:26 AM

Iran's Supreme Leader Vows Strict Crackdown on Acts Hindering Social Unity, Emphasizes 'Resistance Economy' In a message to the nation on local time August 28 marking "Government Week," Mojtaba Khamenei strongly called for national unity and economic self-reliance. SBS Aug 29, 2026 3:23 AM

Govt Rapid Response Team in Nepal Unable to Deploy Helicopters Directly... "Efforts Continue to Search for 9 Missing" The government's rapid response team has stated that it will pour all its efforts into local search operations to find the nine South Koreans who have lost contact due to the massive floods in Nepal. SBS Aug 29, 2026 2:23 AM

Fed Chair Warsh Warns U.S. Inflation Indicators 'More Concerning,' Signals Potential Further Tightening Federal Reserve Chair Kevin Warsh attends the Jackson Hole Economic Symposium in Wyoming on the 28th . SBS Aug 29, 2026 1:54 AM

US Imposes New Sanctions on Iran-Linked Bank on 6th Month of War Treasury Secretary Scott Bessent Marking the six-month mark since the start of the war with Iran on the 28th local time, the Donald Trump administration of the United States announced new sanctions targeting Iran-linked entities. SBS Aug 29, 2026 1:25 AM