SBS News

Supreme Court: Losses in Specific Country Must Be Deducted from Income in Other Countries for Foreign Tax Credit Calculations The Supreme Court's Second Division, led by Justice Oh Kyung-mi, finalized the lower court rulings in June, which had ruled against LG Chem in its lawsuit filed against the head of the Yeongdeungpo Tax Office seeking the cancellation of the refusal to rectify corporate tax. SBS Aug 10, 2026 2:16 PM

Seoul Women & Family Foundation Enhances Police Cooperation to Support Recovery of Relationship Crime Victims The Seoul Women & Family Foundation held a meeting on the 5th at the Ministry of Justice Crime Victim One-Stop Solution Center on the third floor of the Seoul Women's Plaza, together with the Seoul Metropolitan Police Agency, Dongjak Police Station, and Dongjak District Office, to share current institutional responses to relationship crimes and discuss ways to strengthen cooperation for victim protection. SBS Aug 10, 2026 2:15 PM

Video Article

News Briefing: Growing Backlash Over Proposal to Use Retired Buses for Housing 1. More than 3,000 public complaints have reportedly been filed within just a week regarding the government's real estate tax reform proposals released last week. SBS Aug 10, 2026 2:12 PM

Independent Counsel Seeks Arrest Warrant for Former Defense Security Commander Hwang Yoo-sung Over Corporal Chae Case An arrest warrant was also requested for Colonel Moon, then head of the Marine Corps dispatched unit under the Defense Security Command, on the same charges of abuse of authority and obstruction of the exercise of rights, as well as coercion of interviews. SBS Aug 10, 2026 2:10 PM

BOK Overhauls Monetary Stabilization Bond Issuance System MSBs are securities issued by the BOK to financial institutions, including banks, and the general public in order to control the money supply. SBS Aug 10, 2026 2:08 PM

Last Year's Product Recalls Up 4.7% Amid Active Response to Overseas Recalled Goods The number of product recalls due to defects increased slightly last year. The Fair Trade Commission announced on the 10th that an analysis of last year's recall performance by central administrative agencies, local governments, and the Korea Consumer Agency totaled 2,656 cases. SBS Aug 10, 2026 2:06 PM

KDI: Economic Recovery Expanding Led by Semiconductors... Inflation and Employment Remain Variables In its August issue of the Economic Trends released today, KDI stated, "The Korean economy is showing an expanding recovery centering on semiconductor-related sectors." This is a more upbeat expression compared to last month's description that the economy was "maintaining a modest recovery trend backed by semiconductor exports and a buoyant service sector." KDI noted, "While exports and facility investment are showing a high growth rate centering on semiconductors, consumption is also expanding its growth rate, centered around durable goods." However, it added, "Amid lingering internal and external uncertainties such as U.S. SBS Aug 10, 2026 2:04 PM

Investors Warned of Potential Total Loss in Overseas Real Estate Funds The Financial Supervisory Service released major dispute cases and precautions for investors regarding overseas real estate public offering funds. SBS Aug 10, 2026 2:01 PM

Figure Skating Star Cha Jun-hwan Stuns in 'Solo Leveling on ICE' Debut Figure skating national team member Cha Jun-hwan completely transformed into the webtoon protagonist Sung Jin-woo, captivating the ice rink. SBS Star Aug 10, 2026 1:59 PM

Police Investigate 226 Over Jamsil Protest; 5 Sent Over Unauthorized Search of Handball Team During a regular briefing held today , an official from the Seoul Metropolitan Police Agency announced that a total of 58 cases involving 226 people are currently under investigation regarding the protest at the Handball Gymnasium in Olympic Park, Songpa-gu. SBS Aug 10, 2026 1:59 PM