SBS News

Landslide Hits Geoje Apartment: 1 Dead, 2 Rescued on First Floor At around 4:40 a.m. today , a landslide occurred near an apartment complex in Okpo-dong, Geoje, Gyeongsangnam-do, engulfing the first floor of the building. SBS Aug 17, 2026 9:49 AM

Trump Orders Major Scale-Back of S. Korea-U.S. Exercises, Extending Olive Branch to North Korea President Donald Trump and North Korean leader Kim Jong Un U.S. President Donald Trump has announced that he ordered a substantial reduction in joint South Korea-U.S. SBS Aug 17, 2026 9:25 AM

South Korea, US Kick Off UFS Exercise Today... Attention Focused on US Mention of 'First Island Chain' Combat Power Projection The South Korean and US military authorities commenced the Ulchi Freedom Shield exercise, a regular joint drill for the defense of the Korean Peninsula in the event of a contingency, today . SBS Aug 17, 2026 9:23 AM

Kim Jong Un Attends Liberation Day Performances; North Korea Silent on President Lee's Multilateral End-of-War Proposal While North Korea has yet to respond to President Lee Jae-myung's proposal for multilateral discussions to end the war, State Affairs Commission Chairman Kim Jong Un attended events including a circus performance on Liberation Day, accompanied by his daughter Ju Ae. SBS Aug 17, 2026 9:21 AM

"Gimpab Nearing 4,000 Won a Roll"... Rising Rice and Egg Prices Add to Cost Burden As the prices of core ingredients such as rice, eggs, and seaweed rise, the price of gimpab is increasing at the fastest rate among major dining-out items. SBS Aug 17, 2026 9:20 AM

W4.7 Tril. in Bonds Scheduled for Issuance This Week... Demand Forecasts for Lotte E&C and Others According to data from financial authorities and the Korea Financial Investment Association today , competitive bidding for 3 trillion won in 10-year Treasury bonds and 610 billion won in 91-day Monetary Stabilization Bonds is scheduled for tomorrow. SBS Aug 17, 2026 9:19 AM

U.S. Crude Oil Share Tops 20% in First Half for First Time, Saudi Crude Barely Holds 30% South Korea's import share of U.S. crude oil exceeded 20% of the total in the first half of this year for the first time ever. SBS Aug 17, 2026 9:17 AM

Samsung, SK Hynix Grow Cash Reserves by Over 117 Trillion Won in 6 Months Samsung Electronics and SK Hynix have significantly improved their financial soundness as their earnings surged in the first half of this year, driven by soaring sales of High Bandwidth Memory and general-purpose DRAM. SBS Aug 17, 2026 9:15 AM

Seoul Apartments See Shift Toward Monthly Rent; Portion Jumps 7.8 Percentage Points Over 7 Years Over the past seven years, the number of jeonse (lump-sum deposit-based lease) households in Seoul apartments has decreased by more than 30,000, while monthly rent households, including semi-jeonse, have increased by over 50,000, data showed. SBS Aug 17, 2026 9:08 AM

Exchange and Brokerage Fee Revenue from Single-Stock Leverage Surpasses 100 Billion Won According to statistics submitted by the Financial Supervisory Service and the Korea Exchange to the office of Representative Park Sung-hoon of the People Power Party, a member of the National Assembly's National Policy Committee, related fee revenue for the exchange and securities firms totaled approximately 117.26 billion won from May 27, when single-stock leverage and inverse ETFs for Samsung Electronics and SK hynix were launched, through the end of July. SBS Aug 17, 2026 9:06 AM