SBS NEWS

Q3 Card Approval Amount Up 3.4% Year-on-Year... Growth Slows Compared to First Half Due to high inflation and dampened consumer sentiment, the growth rate halved compared to the first half of the year. SBS Oct 30, 2026 11:21 AM

Corporate Tax Revenue Up Over 23 Trillion Won in September from Last Year... Tax Collection Rate Reaches 80.5% According to the "Current Status of National Tax Revenue for September 2026" released by the Ministry of Economy and Finance today , national tax revenue for last month was tallied at 55.2 trillion won. SBS Oct 30, 2026 11:16 AM

KOSPI Plunges Over 4%; 'Sell Sidecar' Triggered for First Time in 11 Trading Days Earlier in the session, the KOSPI fell more than 3%, dropping 187.75 points from the previous session to stand at 5,749.81 as of 9:03 AM. SBS Oct 30, 2026 10:59 AM

Collapse of Ulsan Thermal Power Plant That Killed 7 Caused by 'Excessive Column Cutting' The collapse of the Ulsan Thermal Power Plant boiler tower in November last year, which resulted in the deaths of seven workers and injuries to two others, was directly caused by cutting away too many columns prior to the controlled demolition, an investigation showed. SBS Oct 30, 2026 10:44 AM

National Growth Fund Approves Four Projects Including Haenam Solar Power The deliberation committee for the National Growth Fund has approved financial support for four projects in the solar power, semiconductor, and biotechnology sectors. SBS Oct 30, 2026 10:29 AM

Listed Companies Required to Disclose Review Results and Grounds for Judgment of M&A Offers to Shareholders A recommendation has been made that when a listed company receives a takeover proposal, its board of directors should be required to disclose the review results and the grounds for their judgment to shareholders. SBS Oct 30, 2026 10:27 AM

Homeplus Withdraws Voluntary Retirement Plan… Employment Maintained for About 400 Applicants Homeplus, currently undergoing corporate rehabilitation procedures, has withdrawn the voluntary retirement program it accepted applications for this month. SBS Oct 30, 2026 10:26 AM

World's Largest Crypto Exchange Binance Hit by Apparent Hacking, Sparking Withdrawal Warnings in Korea According to the cryptocurrency industry today , Upbit posted a notice titled "Notice Regarding Digital Asset Withdrawal Restrictions to Binance Exchange" at around 7:46 a.m. SBS Oct 30, 2026 10:16 AM

If It Rains, They Give You $500? The Secret of Weather-Based Businesses Get a $500 refund if it rains during your trip? This is a bold weather-guarantee product launched by an American travel agency. SBS Oct 30, 2026 10:15 AM

September Output, Consumption, and Investment Rise Together for First Time in Three Months Last month, domestic industrial production, consumption, and investment all increased simultaneously for the first time in three months. SBS Oct 30, 2026 10:08 AM