Ministry of Trade, Industry and Energy Establishes Semiconductor Innovation Growth Support Team for Mega Projects The Ministry of Trade, Industry and Energy and the Ministry of the Interior and Safety announced that a partial amendment to the enforcement decree on the organization of the Ministry of Trade, Industry and Energy and its affiliated agencies, which includes the creation of the Semiconductor Innovation Growth Support Team and the India Trade and Cooperation Division, was approved at a Cabinet meeting today . SBS Oct 13, 2026 1:41 PM
Special Counsel Asks Appeals Court to Uphold Sentence That Would Void Yoon Suk Yeol's Past Election Victory During the appellate sentencing hearing held on October 13 by the Criminal Division 2-1 of the Seoul High Court (Presiding Judges Baek Seung-yeop, Hwang Seung-tae, and Kim Young-hyun), the special counsel team told the court to "dismiss the defendant's appeal." The first instance court sentenced former President Yoon to a prison term with probation. SBS Oct 13, 2026 1:39 PM
Inmate Found Unconscious in Uijeongbu Prison Passes Away According to the Uijeongbu Prison today , inmate A was found unconscious inside a detention facility at the prison in Gosan-dong, Uijeongbu, at around 5 p.m. SBS Oct 13, 2026 1:37 PM
Government Postpones Project Financing Equity Ratio Regulations for Residential Sites by Two Years; Non-Residential Sites to Apply Starting Next Year Related agencies including the Financial Services Commission, the Financial Supervisory Service, the Ministry of Economy and Finance, and the Ministry of Land, Infrastructure and Transport made the decision during a meeting held today to review the real estate PF situation and financial support measures for promoting housing supply. SBS Oct 13, 2026 1:36 PM
NSSC Chairperson: "SMR Regulation Workforce Needs to Expand to at Least One Bureau Level" Choi Won-ho, Chairperson of the Nuclear Safety and Security Commission , stated regarding the workforce for Small Modular Reactor regulation, "It is currently handled by seven people in a single temporary division, and we need a workforce equivalent to at least one bureau level." Chairperson Choi made the remarks during the NSSC parliamentary audit held by the National Assembly's Science, Technology, Information, Broadcasting, and Communications Committee at the National Assembly main building today , in response to an inquiry by Democratic Party of Korea lawmaker Kim Nam-guk regarding the size of the dedicated regulatory organization. SBS Oct 13, 2026 1:36 PM
'Open DART' to Provide Shareholder Meeting Info at a Glance to Support Voting Rights The Financial Supervisory Service announced on October 13 that it will push forward with upgrades to Open DART and the reorganization of the eXtensible Business Reporting Language taxonomy so that investors can easily analyze and utilize disclosure information. SBS Oct 13, 2026 1:31 PM
Fair Trade Commission Fines 10 School Uniform Suppliers 100 Million Won for Bid-Rigging The FTC announced today that it has decided to issue corrective orders and impose a total of 102 million won in fines regarding allegations of pre-arranging successful bidders and bidding prices across a total of 51 school uniform purchase tenders issued by 19 middle and high schools in Giheung and Cheoin districts of Yongin, Ulsan, and Yeongcheon. SBS Oct 13, 2026 1:30 PM
FSS Conducts On-Site Inspections of Yegaram and Welcome Savings Banks Over Hacking Leaks The Financial Supervisory Service launched on-site inspections today into Yegaram Savings Bank and Welcome Savings Bank following data leaks caused by hacking. SBS Oct 13, 2026 1:29 PM
Lim Kwang-hyun: "Preparing to Ensure No Disruptions in Virtual Asset Taxation" The Commissioner of the National Tax Service stated that preparations are underway to ensure the virtual asset taxation system, scheduled to take effect in January of next year, is implemented without any disruptions. SBS Oct 13, 2026 1:26 PM
1 in 7 Koreans Uses AI for News, Doubling in a Year The proportion of people using artificial intelligence chatbots to consume news in South Korea has doubled over the past year. SBS Oct 13, 2026 1:24 PM