SBS NEWS

Hitting Rock Bottom? Retail Investors Screaming Over 64% Plunge As the stock market plunges, losses for retail investors who bet on an index rebound are snowballing. SBS Nov 6, 2026 1:54 PM

Lee Hyung-il: "Consumption is the Driving Force of Economic Vitality... Bringing the Warmth of Growth to Alleyways" Deputy Prime Minister and Minister of Economy and Finance Lee Hyung-il visited the site of the Korea Grand Festival, a large-scale domestic shopping event, to encourage the recovery of domestic consumption. SBS Nov 6, 2026 12:52 PM

Authorities Grant Three-Month Exemption on Brokerages' 140% Margin Call Collateral Ratio Requirement As the stock market plummeted amid growing concerns over AI data center regulations following the U.S. SBS Nov 6, 2026 12:45 PM

Former ADB Secretary General Um Woo-chong Appointed World Bank Vice President… Second South Korean to Hold Post Following Sangbu Kim, Vice President for Digital, Artificial Intelligence appointed in July 2024, the newly appointed Vice President Um becomes the second South Korean to serve as a World Bank Group vice president. SBS Nov 6, 2026 12:45 PM

Apple Acknowledges Flaws in iPhone Duo, Offers Free Replacements Amid Mounting Complaints Although Apple has acknowledged display defects in its first foldable smartphone, the iPhone Duo, and initiated a free replacement program, consumer complaints regarding delayed replacements and service-related confusion are mounting both domestically and abroad. SBS Nov 6, 2026 12:44 PM

Chey Tae-won Sells SK Shares Worth 944 Billion Won to Pay Divorce Settlement SK Group Chairman Chey Tae-won sold approximately 1.65 million shares of SK through an after-hours block deal yesterday to secure funds for the property division settlement in his divorce lawsuit with Roh Soh-yeong, director of Art Center Nabi. SBS Nov 6, 2026 12:28 PM

Hundreds of Millions of Won in Reconstruction Charges Per Household... "Notices of Up to 700 Million Won" There is a system called the "Reconstruction Excess Profit Restitution Scheme," which levies a tax when homeowners make significant gains from rebuilding apartments. SBS Nov 6, 2026 12:21 PM

"Annual Salary About to Vanish" and "Want to Cry"... Retail Investors Plunge into Panic Retail investors have fallen into a state of panic as the KOSPI plummeted below the 5,000 threshold immediately upon market open. SBS Nov 6, 2026 12:20 PM

Circuit Breaker Triggered 3 Minutes After Opening... KOSPI Briefly Drops Below 5,000 Influenced by the historic plunge on the U.S. Nasdaq overnight, the KOSPI briefly fell below the 5,000 mark during trading. SBS Nov 6, 2026 12:10 PM

Seohak Ants Lose At Least 13 Trillion Won in a Single Day Amid Wall Street Plunge equities are estimated to have suffered massive losses in a single day. According to SEIBro, the securities information portal of the Korea Securities Depository, the total value of U.S. SBS Nov 6, 2026 11:28 AM