SBS News

Alphabet Posts Q2 Revenue of 177 Trillion Won... Cash Flow Turns Negative Due to AI Investments Alphabet announced on the 22nd that its second-quarter revenue increased by 24% year-over-year to $119.8 billion (approximately 177 trillion won). SBS Jul 23, 2026 6:46 AM

Wall Street Weakens Amid Surging Oil Prices; Nasdaq Down 0.6% stocks closed slightly lower as concerns over revived inflation triggered by surging international oil prices weighed on the market, alongside caution ahead of upcoming earnings reports from major companies such as Tesla and Alphabet. SBS Jul 23, 2026 6:45 AM

Global Oil Prices Surge Amid U.S.-Iran Standoff, Brent Crude Nears $94 On the ICE Futures Exchange, the closing price for September delivery Brent crude futures rose 3.36% from the previous session to $94.07 per barrel. SBS Jul 23, 2026 6:45 AM

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President Lee to Meet Big Tech CEOs in San Francisco... Will There Be a 'Surprise Announcement'? President Lee Jae-myung will visit the United States tomorrow, July 24, to meet with CEOs of global big tech companies such as OpenAI and Nvidia. SBS Jul 23, 2026 6:40 AM

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"Politically Motivated Investigation" Claim Rejected... Court Cites "Sufficient Motive to Request and Cover Costs" The first-instance court that sentenced Seoul Mayor Oh Se-hoon to a 10 million won fine has ruled that Mayor Oh had sufficient motive to commission public opinion polls and that the circumstances surrounding the proxy payment of costs were confirmed. SBS Jul 23, 2026 6:38 AM

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Rain up to 80mm in Central Regions; Scorching Heat Grips South Scattered rain is currently falling, mainly centered around the Seoul metropolitan area and Gangwon Province. SBS Jul 23, 2026 6:34 AM

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Man Arrested for Rampage with Nail Gun in Residential Area Just Days After Prison Release A man in his 50s has been arrested in Busan after going on a rampage while firing a nail gun in a residential area. SBS Jul 23, 2026 6:32 AM

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Cheong Wa Dae Defends Presidential Apartment Sale Amid Opposition Criticism; Real Estate Debate Held Today Cheong Wa Dae has repeatedly offered explanations regarding the 1.7 billion won collateral established when President Lee Jae-myung and his spouse sold their apartment. SBS Jul 23, 2026 6:30 AM

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First National Office of Investigation Official Summoned... Focus on Clarifying 'Head's Directives' The prosecution has summoned and questioned an official from the National Office of Investigation to look into allegations that the decision to investigate Jang Yoon-ki's two cases separately stemmed from instructions given by the then-head of the NOI. SBS Jul 23, 2026 6:27 AM

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Two Weeks After Meeting to Promote Joint Investigations, Separate Probes Conducted The fact that Jang Yoon-gi was investigated separately for a sexual assault case and a high school girl murder case has become the focal point of allegations that the police attempted to cover up and minimize the case. SBS Jul 23, 2026 6:25 AM