SBS News

Micron Plunges 13% as AI and Semiconductor Stocks Shake Overnight in the New York stock market, semiconductor and artificial intelligence-related stocks took a collective hit. SBS Jun 24, 2026 6:31 AM

Trump Rebuts Iran's Denial of Nuclear Inspections; Tensions Rise Over Strait of Hormuz Tolls After Iran denied that it had agreed to nuclear inspections by the International Atomic Energy Agency , U.S. SBS Jun 24, 2026 6:29 AM

South Korean Stock Market Fails to Be Named to MSCI Developed Market Watchlist In its 2026 Annual Market Classification Review released on June 23 , MSCI decided not to place the South Korean stock market on its watchlist for developed market status, citing, among other factors, that the conversion of the Korean won remains restricted in offshore foreign exchange markets. SBS Jun 24, 2026 6:27 AM

U.S. Stocks Fall as AI and Semiconductor Shares Sell Off; Nasdaq Drops 2.2% stock indices closed lower as a sell-off in global artificial intelligence and semiconductor stocks intensified, coupled with growing caution regarding the Federal Reserve's monetary policy. SBS Jun 24, 2026 6:23 AM

U.S. Senate Passes Resolution to Block Trump’s Military Action Against Iran After 10 Attempts Senate has passed a resolution to limit President Donald Trump’s war powers and block military action against Iran, following 10 attempts to do so. SBS Jun 24, 2026 6:19 AM

Only 1 in 4 Americans Believe Iran War Was 'Worth the Cost' President Donald Trump With the United States and Iran having effectively ended their conflict through the signing of a Memorandum of Understanding , it has been found that only about one in four Americans believes the war with Iran was worth the cost or sacrifice. SBS Jun 24, 2026 5:46 AM

JD.com Founder Says 700,000 Delivery Workers Will Be Fully Replaced by Robots His remarks have drawn attention as other major tech entrepreneurs have been hesitant to discuss the impact of the rapid advancement of artificial intelligence and robotics on the labor market. SBS Jun 24, 2026 5:32 AM

Bread Prices in Iran Double Overnight Due to Rising Wheat Import Costs The price of bread (known as 'noon' in Persian), a staple food for Iranians, has doubled overnight. SBS Jun 24, 2026 5:27 AM

Why Espresso Tastes Different Every Time: The Hidden Physics of Coffee Extraction But why does the taste and aroma of espresso vary slightly each time, even when using the same beans and the same machine? A research team led by Professor Maciej Lisicki at the University of Warsaw in Poland announced on June 24 in the American Institute of Physics journal *Physics of Fluids* that they have analyzed the relationship between pressure and water flow during the espresso extraction process. SBS Jun 24, 2026 5:26 AM

Fire at LA Cold Storage Facility Rages for a Week; 40 Million Kilograms of Food Hamper Efforts According to reports from the LA Times and CNN on June 23 , fire authorities have been struggling to extinguish the blaze at a cold storage warehouse in Boyle Heights, Los Angeles, which began on June 17. SBS Jun 24, 2026 5:21 AM