SBS News

Presidential Office Denies Reports of Meeting Between National Security Advisor Wi Sung-lac and Senior Russian Official ▲ National Security Advisor Wi Sung-lac The Presidential Office stated on June 2… SBS Jun 26, 2026 10:01 AM

Koo Yun-cheol: 'Petroleum Price Ceiling to Be Lowered Today, Maintained Until Prices Stabilize' The government announced today that it will mobilize all available resources, including freezing major public utility charges in the second half of the year, to keep the consumer price inflation rate within 3% during the second half. SBS Jun 26, 2026 10:00 AM

Worker in His 50s Dies After Soil Collapse at KEPCO Construction Site A worker in his 50s has died after being buried by soil at a construction site for underground facilities. SBS Jun 26, 2026 10:00 AM

U.S. Corporate Profit Margins Hit Highest Level Since 1940s, Reigniting 'Excess Profit' Debate non-financial corporations As U.S. corporate profit margins soar to their highest levels since the period immediately following World War II, the debate over "excess profits"—a concern first raised by the Harry Truman administration some 80 years ago—is being reignited. SBS Jun 26, 2026 10:00 AM

Japanese Defense Minister Koizumi to Visit Korea June 27–28; Focus on Strengthening Security Cooperation Amid recent progress in defense exchanges and cooperation between South Korea and Japan, Japanese Defense Minister Shinjiro Koizumi is set to visit South Korea from June 27 to 28. SBS Jun 26, 2026 9:59 AM

Construction Contracts Rise 23.4% in Q1 Driven by Semiconductor and Data Center Investments Public sector contracts amounted to 25.1 trillion won, up 5.0% from the same period last year, influenced by projects such as the Pocheon power plant and the Busan Port. SBS Jun 26, 2026 9:59 AM

Army Inspection Training Center to Launch July 1; Collaborates with ACRC The Republic of Korea Army announced today that it will establish the Army Inspection Training Center on July 1 to enhance expertise in the field of inspection. SBS Jun 26, 2026 9:57 AM

Military to Deploy 'K-LUCAS' Long-Range Suicide Drones The South Korean military will deploy the "K-LUCAS," a Korean-style long-range suicide drone, as part of efforts to expand its drone and anti-drone capabilities, which have emerged as "game changers" in modern warfare. SBS Jun 26, 2026 9:55 AM

International Oil Prices Return to Pre-War Levels; Government Considers Lowering Price Caps As international oil prices have fallen to levels seen before the Middle East conflict, the government is considering lowering the maximum price caps on petroleum products to ease the burden on the public. SBS Jun 26, 2026 9:52 AM

Foreign Investors Record Historic 47 Trillion Won Net Sell-off in Korean Stocks Last Month, Yet Ownership Ratio Hits All-Time High Foreign investors recorded another historic net sell-off in the domestic stock market last month, offloading over 47 trillion won worth of shares. SBS Jun 26, 2026 9:49 AM