SBS News

Court Voids 9 Billion Won Corporate Tax on Offshore Entities of LG Family's Eldest Son-in-Law: "Not Domestic Places of Business" The ruling indicates that the tax cannot be imposed by treating them as domestic places of business. SBS Jun 25, 2026 6:25 PM

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"30% of Net Profit as Bonus"... Hyundai Motor Union Nears Strike Over 'Record-Breaking Demands' The Hyundai Motor labor union has secured the legal right to strike after failing to reach an agreement with the company during this year's wage negotiations. SBS Jun 25, 2026 6:25 PM

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Video Mug: Who Exactly Is Managing the National Pension Service's 'Incredible' Returns? The domestic stock market is a hot topic every day, and the National Pension Service is at the center of it. SBS Jun 25, 2026 6:23 PM

Modigliani Nude Sells for $63.9 Million, Setting Record for Artist in Europe Global auction house Sotheby's announced on June 24 that "Nu assis au collier" (Seated Nude with Necklace) set a new record for the highest price ever paid for a Modigliani work at a European auction. SBS Jun 25, 2026 6:21 PM

Special Counsel Refers Bribery Case of Former Land Ministry Official to Police Following Dismissal The move is intended to allow a legitimate investigative agency to conduct a reinvestigation, as the court ruled that this case did not fall under the jurisdiction of the Special Counsel team. SBS Jun 25, 2026 6:20 PM

Gyeongbuk Provincial Council Member Receives 1-Year Prison Sentence in Appeal for 'Nomination Solicitation' to Geonjin Beopsa Park Chang-wook, a Gyeongbuk Provincial Council member who was indicted on charges of soliciting a People Power Party nomination from Jeon Seong-bae, known as 'Geonjin Beopsa,' ahead of the June 1 local elections in 2022, has been sentenced to prison again in his appellate trial. SBS Jun 25, 2026 6:19 PM

Tokyo Stock Exchange to Double Order Processing Capacity Amid Market Boom The TSE’s order processing system, "arrowhead," currently has the capacity to handle 830 million orders per day, and the exchange plans to increase this to approximately 1.5 billion by this November. SBS Jun 25, 2026 6:17 PM

The Athletic: South Korea Has 94% Chance of Reaching Round of 32… Subject to Change Based on Other Group Results What are the chances for the South Korean national football team, which finished third in its group at the 2026 FIFA World Cup in North America, to advance to the Round of 32? As of today , with all group stage matches for Groups A through C concluded, the probability of South Korea advancing to the Round of 32 is relatively high at 94%. SBS Jun 25, 2026 6:15 PM

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The Dire Situation at JTBC: Worse Than Expected JTBC, which appeared to be thriving with its consistently popular drama and entertainment series, is now facing the worst insolvency crisis in its 15-year history. SBS Jun 25, 2026 6:10 PM

Won-Dollar Exchange Rate Rises Again, Staying in the 1,540 Range for Second Consecutive Day Today , the closing price of the won against the U.S. dollar in the Seoul foreign exchange market was recorded at 1,542.7 won, up 0.9 won from the previous day. SBS Jun 25, 2026 5:57 PM