SBS News

Homeplus Says It Will Normalize Operations by Selling 19 Stores and Using Mortgage Loans to Repay Debt In an official statement released today , Homeplus explained, "As soon as the rehabilitation plan is approved, we will immediately initiate the sale of 19 out of the 37 closed stores currently owned by the company, with the sales process scheduled for completion by February 2028." The company added, "The proceeds from the sales will be used to repay trust-secured bondholders, and we expect to cover the entire amount through the sale of these 19 stores." Homeplus stated, "Once the trust-secured bonds are fully repaid, the security rights will be lifted, enabling us to utilize our remaining owned stores for real estate mortgage loans." A total of 62 Homeplus self-owned stores are currently held as trust collateral by Meritz. SBS Aug 20, 2026 3:42 PM

Samsung's Inter-Company Union Declares No Joint Bargaining Team, Suggests Separate DX Bargaining According to industry sources today, the inter-company union sent an official document containing this position to the Samsung Electronics Labor Union Donghaeng (hereinafter Donghaeng Union) earlier in the day. SBS Aug 20, 2026 3:41 PM

KOSPI Surges 5.9% to Close at 6,852... KOSDAQ Up 1.99% KOSPI Surges 5.9% to Close at 6,852... KOSDAQ Up 1.99% (Produced by SBS Digital … SBS Aug 20, 2026 3:40 PM

Smoke Seen From Engine of Malaysia Airlines Plane Preparing for Takeoff at Narita Airport, Runway Closed A Malaysia Airlines passenger jet preparing for takeoff at Narita International Airport near Tokyo experienced an engine issue, prompting a canceled takeoff and the temporary closure of a runway. SBS Aug 20, 2026 3:38 PM

Chinese Court Sentences Founder of Evergrande, Symbol of Real Estate Crisis, to Life Imprisonment According to China Central Television , the Intermediate People's Court of Shenzhen in southern Guangdong Province sentenced the former chairman Hui today on charges including illegal public deposit solicitation, fundraising fraud, illegal loans, fraudulent issuance of securities, violation of important information disclosure obligations, illegal capital management, embezzlement, and bribery. SBS Aug 20, 2026 3:35 PM

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Police Inspector Given Suspended Prison Sentence for Demanding Alcohol and Dinner Money from DUI Suspect A police inspector in his 60s, who demanded money for a team dinner and a bottle of liquor in exchange for leniency toward a drunk driving suspect, has been sentenced to a suspended prison term. SBS Aug 20, 2026 3:34 PM

World Badminton Star An Se-young Advances to World Championships Quarterfinals World No. 1 An Se-young decisively defeated 16th-ranked Mia Blichfeldt of Denmark 2-0 in the women's singles Round of 16 at the 2026 Badminton World Federation World Championships held in New Delhi, India. SBS Aug 20, 2026 3:27 PM

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"My Son Was Murdered"... 'Trial of the Century' Begins A long banner was unfurled in front of a federal court in California, U.S. Parents who lost their children to social media addiction took to the streets in protest, holding banners bearing the names and ages of their children. SBS Aug 20, 2026 3:27 PM

Principal Who Returned to Classroom After Overcoming Brain Hemorrhage Saves 5 Lives Through Organ Donation A 50-year-old man who loved his students so much that he overcame a brain hemorrhage sustained while serving as a school principal and returned to work as a regular teacher has saved five lives through organ donation. SBS Aug 20, 2026 3:26 PM

SK Hynix Reaches Tentative Wage Deal: A Look at Performance Bonuses The tentative agreement reportedly includes a 6.3 percent wage increase, along with a plan to pay 40 percent of the Profit-Sharing performance bonus in cash and the remaining 60 percent in company shares. SBS Aug 20, 2026 3:26 PM