SBS News

President Lee Unlikely to Exercise Veto on Criminal Procedure Act Revision, Stating It Does Not Undermine Legislative Rights Regarding the submission of the Criminal Procedure Act revision bill—which abolishes prosecutors' direct investigative powers—to the Cabinet meeting, President Lee Jae-myung stated, "Although there is much controversy, it is difficult to view the potential side effects of this bill as being severe enough to constitute unconstitutionality, an infringement on the executive branch's inherent authority, or an undermining of the National Assembly's legislative rights." While some members of the opposition had called for the President to exercise his right for reconsideration regarding the bill, this is interpreted as a decision indicating that he effectively does not intend to use the veto. SBS Aug 4, 2026 11:25 AM

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Power Surges Trigger Blackouts Amid Scorching Heat, Sending Residents to Cars in the Middle of the Night As many households keep their air conditioners running constantly due to the sweltering heat, surging electricity consumption has caused power outages in various places, leaving residents to endure sleepless nights in the tropical heat. SBS Aug 4, 2026 11:23 AM

DPK Pushes to Hold Plenary Session on Aug. 13... Fast-Track Amendment Bill Expected to Face Vote The Democratic Party of Korea is pushing to hold the first plenary session of the August extraordinary session of the National Assembly on the 13th. SBS Aug 4, 2026 11:21 AM

KOSDAQ Surges Over 5%... Buy Sidecar Triggered for Third Consecutive Trading Day As of 9:02 AM today, the KOSPI stood at 6,343.56, up 86.11 points from the previous session. SBS Aug 4, 2026 11:21 AM

Chung Jeom-sik: "President Lee Broke Real Estate Tax Campaign Promises… Declaration of Dropping a Tax Bomb" ▲ People Power Party Floor Leader Chung Jeom-sik People Power Party Floor Leader… SBS Aug 4, 2026 11:20 AM

Ministry of Agriculture to Conduct Special Inspection on Farmer Safety and Facility Management Amid Prolonged Heatwave and Drought The Ministry of Agriculture, Food and Rural Affairs announced that it will conduct a special inspection targeting local governments nationwide from the 5th to the 14th to check the status of farmer safety and agricultural facility management as the heatwave and drought prolong. SBS Aug 4, 2026 11:19 AM

Rebuilding Korea Party Criticizes Real Estate Tax Reform Plan: 'Falls Short of Expectations with Expanded Exceptions' ▲ Kim Jun-hyung, floor leader of the Rebuilding Korea Party , speaks during a ge… SBS Aug 4, 2026 11:18 AM

Historic Heatwave and Drought Paralyze Europe, Drying Up Waterways and Hitting Economies Water levels in the continent's lifelines, the Danube and Rhine rivers, have dropped to the point where their riverbeds are exposed, spreading damage across agriculture, power generation, and logistics as a whole. SBS Aug 4, 2026 11:18 AM

"Only 1.6% of K-Pop Idol Groups in 30 Years Achieved Million-Seller Status… Just 7 Teams Surpassed 10 Million Sales" Professor Kim Jung-sub of the Department of Cultural Industry and Arts at Sungshin Women's University announced the findings after conducting a comprehensive analysis of 1,182 idol groups that debuted over the past 30 years from 1996, considered the beginning of the K-pop idol industry, through the end of 2025. SBS Aug 4, 2026 11:17 AM

Han Byung-doo: "Real Estate Tax Plan is Starting Point for National Assembly Discussion... We Will Examine Policy Effects" ▲ Democratic Party of Korea Acting Party Leader and Floor Leader Han Byung-doo s… SBS Aug 4, 2026 11:17 AM