SBS NEWS

Receiving Huge Performance Bonuses, Yet Exploiting a 700,000-Won Monthly Rent Subsidy Loophole? Suspicions have been raised that some employees in Samsung Electronics' semiconductor division improperly received housing subsidies of up to 700,000 won per month. SBS Sep 8, 2026 11:36 PM

Seoul House Prices Rise for 82nd Consecutive Week, Concentrated Below 1.5 Billion Won Even as apartment transactions in Seoul decline, housing prices have continued their upward trend for 82 consecutive weeks. SBS Sep 8, 2026 11:33 PM

Per Capita Income of $40,000?..."I Don't Make That Much," Why? South Korea's economy grew at its fastest pace in 47 years during the second quarter. SBS Sep 8, 2026 11:30 PM

"Go Deeper?" Tunnel in Peril... Overland Search Focuses on "Possibility of Evacuation" It has been 14 days since the massive flood in Nepal, and our emergency relief team has conducted foot searches focusing on locations where the missing South Korean nationals may have evacuated. SBS Sep 8, 2026 10:11 PM

Samsung Electronics Investigates Suspected Misuse of Housing Subsidy by Some Employees According to industry sources, anonymous online communities for office workers have recently seen successive posts claiming that some DS employees working at the Pyeongtaek business site submitted lease agreements differing from actual rental terms in order to receive housing support. SBS Sep 8, 2026 6:14 PM

Seoul Mayor Oh Se-hoon Dismisses Long-term Jeonse Extension Demands as Unreasonable Seoul Mayor Oh Se-hoon has repeatedly reaffirmed his stance that there will be no exceptions to mandatory move-outs for long-term jeonse (lump-sum housing deposit) rentals, addressing recent demands by some residents to extend their lease terms. SBS Sep 8, 2026 5:22 PM

Fair Trade Commission Conducts On-Site Inspection of Daiso Over Alleged Unfair Return of Goods According to industry sources, the FTC sent investigators to the Asung Daiso headquarters in Gangnam-gu, Seoul, today to conduct the inspection. SBS Sep 8, 2026 5:10 PM

LH to Supply 20,000 Public Rental Housing Units in Downtown Seoul Over 3 Years LH announced the supply plan today during an on-site meeting held at a newly built youth housing complex in Jongno-gu, Seoul, aimed at resolving youth housing issues. SBS Sep 8, 2026 4:52 PM

Won-Dollar Exchange Rate Rises to 1,345.6 Won Amid Higher Oil Prices and Stronger Yen The afternoon 3:30 benchmark exchange rate for the South Korean won against the US dollar in the Seoul foreign exchange market was tallied at 1,345.6 won. SBS Sep 8, 2026 4:35 PM

KOSPI Slips Late in Session, Ending 0.58% Lower Amid Resurfacing Macro Issues The KOSPI, which opened higher today , reversed its gains near the end of the regular trading session, giving up the "7,000-pi" milestone it had touched during the day. SBS Sep 8, 2026 4:31 PM