SBS News

Financial Accident Involving KRW 9.4 Billion 'Fraud' Occurs at IBK Industrial Bank of Korea IBK announced yesterday that a financial accident amounting to KRW 9.43971 billion occurred due to suspected fraud by an external party. SBS Aug 21, 2026 5:26 AM

Body Believed to Be 70-Year-Old Woman Missing for a Month Found Near Wangsukcheon Stream A body believed to be that of a woman in her 70s, who went missing after leaving her home early in the morning in Namyangju, Gyeonggi Province, last month, has been found. SBS Aug 21, 2026 5:22 AM

"College Student Who Vowed Loyalty to ISIS Also Planned Explosive Attack" During the first trial of the defendant, identified as A , held yesterday before Judge Choi Ji-heon of the 4th Criminal Single Division at the Cheongju District Court, prosecutors disclosed the charges containing these details. SBS Aug 21, 2026 5:21 AM

Teen Who Tried to Abduct Elementary School Student on Way Home Gets Heavier Sentence in Appeal The 13th Criminal Division of the Suwon High Court (Presiding Judge Heo Yang-yun) overturned the lower court's ruling—which had sentenced the defendant, A, indicted for violations of the Act on Special Cases Concerning the Punishment of Sexual Crimes, to 2 years and 4 months in maximum prison and 2 years in minimum prison—and instead sentenced him to 4 years in maximum prison and 2 years and 6 months in minimum prison yesterday . SBS Aug 21, 2026 5:20 AM

Family of Four Arrested for Seizing Disabled Person's Home and Embezzling 100 Million Won in Illegal Subsidies The Pyeongtaek Police Station in Gyeonggi Province announced yesterday that it has forwarded four individuals, including a person in their 40s surnamed A, to the prosecution without detention on charges including quasi-fraud, occupational embezzlement, and violations of the Act on Assistance for Persons with Disabilities. SBS Aug 21, 2026 5:17 AM

Did Jeju Police's Lax Management System Worsen 30-Something Woman's Disappearance Case? Chang three months ago. This is because it has become increasingly likely that Police Officer A, who received the initial report as a night-shift worker, closed the case independently without actually speaking with Ms. SBS Aug 21, 2026 5:13 AM

Magnitude 6.7 Earthquake Strikes Southern Peru... "No Casualties or Tsunami Threat" According to the U.S. Geological Survey , the quake occurred at around 1 p.m. today at a location 38 km northwest of Hupahuacho in the Ayacucho region. SBS Aug 21, 2026 4:58 AM

US Imposes Mass Sanctions on Cuba's Ministry of Construction, State Enterprises, and Pro-Government Groups Department of State The U.S. Donald Trump administration imposed a massive package of sanctions on 20 entities and individuals, including nine Cuban government agencies and state-owned enterprises, as well as three leaders of pro-government organizations, on August 20 . SBS Aug 21, 2026 4:40 AM

U.S. Housing Affordability Worsens for First Time in Three Years Due to Rising Mortgage Rates housing affordability has worsened for the first time in about three years. According to announcements by the National Association of Home Builders and Wells Fargo on the 20th , the share of monthly mortgage payments for a median-priced home valued at $410,700 accounted for 34% of a typical family's income in the second quarter. SBS Aug 21, 2026 4:14 AM

Strong Magnitude 6.6 to 6.7 Earthquake Hits Peru; Casualties and Damage Being Assessed Unrelated to the earthquake in Peru. A strong earthquake with a magnitude of 6.6 to 6.7 has struck Peru. SBS Aug 21, 2026 4:07 AM