SBS News

Japan Confirms Joint US Intervention to Buy Yen, Vows 'No Hesitation' on Further Action According to Kyodo News and NHK, Finance Minister Katayama made the announcement via a statement, explaining that this joint intervention was carried out in accordance with the joint statement issued by the US and Japanese finance ministers in September of last year. SBS Aug 3, 2026 9:34 AM

Subway Line 1 Noryangjin Station Upbound Trains Skipping Stop Due to Rally ▲ Noryangjin Station Upbound trains on Subway Line 1 are passing through Noryang… SBS Aug 3, 2026 9:31 AM

Trump Says Talks With Iran in Form of Negotiations to Start Tomorrow, Cites Hormuz Agreement President Donald Trump talks with reporters aboard Air Force One as he returns to Washington, D.C., on the 2nd . SBS Aug 3, 2026 9:30 AM

Former High-Ranking Prosecutors Urge President Lee to Exercise Veto on Supplementary Investigation Abolition Bill The Prosecutors' Fellowship, led by President Han Sang-dae (former Prosecutor General), issued a statement on August 2, strongly condemning what it called the legislative dictatorship of the Democratic Party of Korea for pushing the amendment through. SBS Aug 3, 2026 9:29 AM

Roh Moo-hyun's Son-in-Law Kwak Sang-un Blasts 'Prosecutorial Reform', Says Late President Used as 'Political Plaything' ▲ Representative Kwak Sang-un Democratic Party Representative Kwak Sang-un on Au… SBS Aug 3, 2026 9:29 AM

Final Showdown Expected at Constitutional Court Over Total Abolition of Prosecutors' Investigation Powers Park Chan-woon, a professor at Hanyang University Law School who served as an advisory committee chair for the prosecution reform task force, posted on Facebook on August 2, saying, "This Criminal Procedure Act must cross the river of the Constitution," and adding, "To prevent confusion, the Constitutional Court must reach a conclusion as quickly as possible." Lawyer Park Seung-ok also pointed out the potential unconstitutionality of the amended Criminal Procedure Act, stating, "If the distribution of powers between investigative and prosecuting agencies alters whether criminal charges can be discovered in a timely manner, whether illegal and unfair acts by investigative agencies can be controlled, and whether victims' rights can be effectively protected, this is a constitutional issue directly related to the basic rights of citizens." Following the passage of the bill, the People Power Party also signaled legal action, stating, "We plan to legally contest the matter through competent authority disputes, constitutional complaints, and trials on the constitutionality of statutes," suggesting that the legal battle will continue at the Constitutional Court. SBS Aug 3, 2026 9:29 AM

New Construction Continues Despite Rising Unsold Homes... Concerns Over Market Distortion from LH Purchases While the government is expanding the purchase of unsold housing through the Korea Land and Housing Corporation to revive the construction sector, some critics raise concerns that public intervention could encourage moral hazard in the market and weaken supply-adjustment functions. SBS Aug 3, 2026 9:27 AM

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"Fell Victim Helplessly Amid the Crowds"... A String of Damages Lead to Response Hangang Swimming Pool as a "Hunting Pocha"? The scorching heat continues. SBS Aug 3, 2026 9:26 AM

Retail Investors Pour in Quirky Questions Ahead of SpaceX's First Earnings Report While corporate earnings reports typically generate questions regarding a company's revenue or business plans, SpaceX has seen an unusually high number of inquiries that appear to have little to do with its actual business, Reuters reported on August 1 . SBS Aug 3, 2026 9:24 AM

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Giving Birth After Executive Sexual Violence... Why Is the "Government Certification" Still Intact? As we exclusively reported, an employee in their 20s with severe disabilities at a company suffered sexual violence from a 60-year-old executive and even gave birth to a child. SBS Aug 3, 2026 9:23 AM