SBS News

US Treasury Secretary: 'Yen Significantly Undervalued… Japan Must Formulate Sound Monetary Policy' The US Department of Treasury announced in a press release on the 1st local time that Secretary Bessent made the remarks during a meeting with Bank of Japan Governor Kazuo Ueda on August 30 at the Group of 20 Finance Ministers meeting in Asheville, North Carolina. SBS Sep 2, 2026 4:20 AM

Iran Media Reports Launch of "Decisive Operation" Targeting U.S. Facilities in Middle East airstrikes against Iran, the Iranian military abruptly launched a "decisive operation" targeting U.S. SBS Sep 2, 2026 4:19 AM

"Massive Drone Swarms Will Close Russian Airspace," Warns Zelenskyy Ukrainian President Volodymyr Zelenskyy claimed on September 1 that "we must consider the point where a massive number of drones will appear in Russian skies," adding that "Russian airspace will effectively be closed." In his address that day, President Zelenskyy stated, "Russian airspace is now completely unsafe. SBS Sep 2, 2026 4:15 AM

China's TCL Sues Samsung in US Court, Claiming 'False Advertising' on Mini LED TVs Reuters reported on the 1st that TCL filed a lawsuit against Samsung in the U.S. SBS Sep 2, 2026 3:42 AM

Iranian Military Warns U.S. Will 'Regret' Resuming Attacks Around Strait of Hormuz Shortly after successive explosions were observed in and around the Strait of Hormuz and various areas to its east, IRGC Spokesperson Hossein Mohebi posted on X that "a harsh punishment awaits the aggressors, and the U.S. SBS Sep 2, 2026 3:40 AM

Germany Closes Russian Consulate, Citing Last Month's Explosive Drone Attack as Russian Operation The German government has concluded that last month's explosive drone incident at Leipzig/Halle Airport was a Russian operation, taking retaliatory measures that include closing a Russian consulate. SBS Sep 2, 2026 3:40 AM

U.S. Strikes Iran Again in Two Days... "Explosions Heard on Hormuz Island and Bandar Abbas" military launched a military strike against Iran on September 1 local time. The U.S. SBS Sep 2, 2026 3:35 AM

Car Bomb Attack Targeting Police in Mexico Leaves 11 Injured Security authorities have attributed the attack to the Jalisco New Generation Cartel , one of Mexico's most prominent criminal organizations. SBS Sep 2, 2026 3:32 AM

Former National Security Advisor Bolton: Trump Will Likely Try to Meet Kim Jong-un in Pyongyang President Donald Trump and North Korean leader Kim Jong-un John Bolton, who served as White House National Security Advisor during the first Donald Trump administration, predicted that President Trump will pursue a summit meeting with North Korean leader Kim Jong-un in Pyongyang. SBS Sep 2, 2026 3:31 AM

US Treasury Secretary: Strait of Hormuz Will Become 'Obsolete' in Two Years via Pipelines Treasury Secretary Scott Bessent U.S. Treasury Secretary Scott Bessent said on September 1 that the Strait of Hormuz, a vital global energy shipping lane hit hard by the war with Iran, will "become a useless body of water within two years." Presiding over the G20 Finance Ministers' Meeting in Asheville, North Carolina, Secretary Bessent made the remarks during an interview with Fox News host and former White House National Economic Council Director Larry Kudlow, stating, "That strait will be bypassed within two years." Secretary Bessent went on to say, "Oil will be transported via land pipelines." The Strait of Hormuz, a narrow body of water connecting the Persian Gulf and the Gulf of Oman, is a critical chokepoint for international energy transport, through which about 20 percent of the world's crude oil volume passes. SBS Sep 2, 2026 3:26 AM