SBS NEWS

Dollar Exchange Rate Hits Lowest in 1 Year and 2 Months... Will It Fall Further? The won-dollar exchange rate has dropped to the 1,340-won range during trading for the first time since July of last year. SBS Sep 4, 2026 10:21 PM

Won-Dollar Exchange Rate Drops to 1,340-Won Range Intraday for First Time in 14 Months Amid Strong Yen The won-dollar exchange rate fell into the 1,340-won range intraday for the first time in one year and two months. SBS Sep 4, 2026 4:20 PM

Buying Sentiment Revived by U.S. Tailwinds... Samsung Electronics and SK Hynix Close 2-3% Higher Samsung Electronics closed up 2.20% from the previous session at 255,500 KRW, while SK Hynix rose 3.20% to 1,647,000 KRW. SBS Sep 4, 2026 4:14 PM

Policy Bank Union Members Gather for General Strike: "Must Remain in Seoul for Financial Competitiveness" The Korea Financial Industry Union held a general strike rally to denounce the government's policy to relocate public financial institutions to regional areas. SBS Sep 4, 2026 3:42 PM

FSS Labor Union Submits Petition to Cheong Wa Dae Urging Financial Hub Seoul Should Remain The labor union of the Financial Supervisory Service has submitted a petition to Cheong Wa Dae expressing concerns over the relocation of the FSS and financial public institutions to provincial regions. SBS Sep 4, 2026 3:35 PM

Won Falls to 1,340-Won Range Intraday for First Time in 2 Years and 2 Months Won Falls to 1,340-Won Range Intraday for First Time in 2 Years and 2 Months(Pro… SBS Sep 4, 2026 3:29 PM

Kospi 200 Volatility Index Falls Below 40 Intraday to Lowest in About Six Months The Kospi 200 Volatility Index , often referred to as South Korea's " fear index," dropped below the 40 threshold intraday today , marking its lowest level in about half a year. SBS Sep 4, 2026 2:35 PM

Merged Power Generation Company Targeted for Launch in October Next Year... New Headquarters to Be Built The government plans to launch a unified power generation company combining five state-run power companies in October next year. SBS Sep 4, 2026 2:17 PM

Government: 'Public Institution Consolidation Not Aimed at Cost Cutting, New Hires Will Not Decrease' The government, which announced a high-intensity public institution restructuring plan to downsize 109 public institutions, accounting for 20% of all such entities, stated that "the goal of this policy direction is not on cost reduction." Regarding the public institution function reform promotion plan announced yesterday , an official from the Ministry of Economy and Finance stated, "This is an approach on a completely different level from previous public institution reforms." In response to the slogan "The party is over" used during the public institution reforms under the Park Geun-hye and Yoon Suk Yeol administrations, the official emphasized, "At that time, the aim was to improve inefficiency and lax management in public institutions. SBS Sep 4, 2026 1:58 PM

Lee So-young, Nominee for Minister of SMEs and Startups: "Clarify the Role of Small Businesses in National Growth Strategy" ▲ Lee So-young, nominee for Minister of SMEs and Startups, takes questions from … SBS Sep 4, 2026 1:42 PM