SBS NEWS

KOEN Sends 2nd Response Team to Nepal Following Floods Korea Southern Power , which lost contact with three of its employees amid devastating floods in Nepal, has dispatched a second response team to the country, led by Acting President Cho Young-hyuk. SBS Aug 30, 2026 12:44 PM

"I'm Tired Now"... Where Investors Are Turning Their Eyes Again Deposit balances at major domestic banks have surpassed 1,000 trillion won. As the domestic stock market recently experienced a sharp decline, funds in the market are flowing back into relatively safe savings and deposit accounts. SBS Aug 30, 2026 10:17 AM

Supreme Court Rules Triple Rent Hike May Violate Right to Recover Premium, Mandates Careful Review The Supreme Court's First Division (presiding Justice Cheon Dae-yup) overturned the lower court's ruling regarding the counterclaim for damages in a lawsuit filed by a landlord, A, against a tenant, B, seeking the handover of a building and damages , and sent the case back to the Busan District Court last month. SBS Aug 30, 2026 10:07 AM

Lower-Tier Seoul Apartments Approach Previous Peaks: Will the Upward Trend Continue? According to the Korea Real Estate Board today , as of the fourth week of August, the five autonomous districts in Seoul where apartment sales price indices remain below their previous all-time highs are Gangbuk-gu , Dobong-gu , Nowon-gu , Eunpyeong-gu , and Geumcheon-gu . SBS Aug 30, 2026 10:06 AM

Retail Investors Net Sell 1.7 Trillion Won in Single-Stock Leverage After Regulations The average daily trading value this month plummeted to one-nineteenth of the level recorded before the regulations took effect, following the initial listing of the single-stock leverage and inverse products. SBS Aug 30, 2026 10:05 AM

Allocation of New Lending Capacity Wraps Up... Mortgage and Credit Portfolios Estimated at 20 Percent Range With a significant portion of these funds allocated for targeted support toward real-demand borrowers such as housing supply, young adults, and mid-to-low-credit individuals, the scale available for general mortgage loans and credit loans is estimated to be in the 20 percent range of the total. SBS Aug 30, 2026 9:33 AM

Inflation Hits Low-Income Households Harder, Sharply Increasing Food Cost Burden Experts point out that as the burden of essential consumer spending such as food grows, the spending capacity of low-income households is likely to have diminished. SBS Aug 30, 2026 9:33 AM

Samsung, SK Hynix H1 Corporate Tax Exceeds 11.2 Trillion Won... Setting Record-High Pace This figure is based on last year's earnings. Given the recent steep upward trend in performance, cautious projections suggest that this year's annual total could easily surpass the previous record of 15 trillion won and potentially reach up to 100 trillion won. SBS Aug 30, 2026 9:32 AM

Samsung, SK Hynix Corporate Tax for H1 Exceeds 11 Trillion Won... Annual Total Could Reach 100 Trillion Won This is based on last year's performance, and considering the recent surge in earnings, projections suggest that this year's annual total could not only break the previous record in the 15 trillion won range but even reach up to 100 trillion won. SBS Aug 30, 2026 9:27 AM

Long-Term Jeonse Residents Facing 20-Year Limit Demand Extended Stay, but Seoul City Draws the Line While some residents cite surging housing prices, jeonse rates, and aging populations to demand extended residency periods or options to purchase the homes, the city government maintains that extending the original contract terms would reduce housing opportunities for other homeless applicants waiting to move in, raising fairness issues. SBS Aug 30, 2026 9:25 AM