SBS NEWS

Semiconductor Boom Shrinks Jan-Aug Fiscal Deficit to 43 Trillion Won, Smallest in 8 Years The consolidated fiscal balance, calculated by subtracting total expenditures from total revenues, also returned to a surplus for the first time in eight years. SBS Oct 15, 2026 11:25 AM

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Sell Sidecars Triggered Sequentially on KOSPI and KOSDAQ Concerns over the profitability of artificial intelligence infrastructure investments have resurfaced, causing a sharp drop in the domestic stock market and triggering successive sell sidecars on both the KOSPI and KOSDAQ markets. SBS Oct 15, 2026 11:16 AM

US Stock Market's '3x' SOXL Plunges 13%... Korean Retail Investors Suffer 1 Trillion Won in Losses stock market plummeted by more than 10% in a single day, retail investors in South Korea who hold large amounts of the stock are estimated to have suffered 1 trillion won in losses. SBS Oct 15, 2026 11:15 AM

President Lee to Meet with Evan Greenberg, Chair of the U.S.-Korea Business Council President Lee is scheduled to be briefed by Chairman Greenberg on the outcomes of the 36th Joint Conference of the Korea-U.S. SBS Oct 15, 2026 11:15 AM

US Space Force Used Satellite Jamming Weapons in Maduro Capture and Iran Operations Space Force has reportedly deployed electronic warfare weapons designed to jam enemy satellite communications in military operations conducted in Venezuela and Iran. SBS Oct 15, 2026 11:15 AM

Major Builders Supply 110,775 Homes by September, Up 25% From Last Year According to a survey of monthly housing supply figures from its member companies, a total of 110,775 homes were supplied nationwide from January to September this year, representing a 25.0% increase compared to the same period last year . SBS Oct 15, 2026 11:14 AM

Industry Minister Reviews 392 Trillion Won Chungcheong Investment: "Immediate Action on Business Hurdles" With representatives from Chungcheong region mega-project investment companies, Chungcheong local governments, and relevant ministries in attendance, companies shared their investment progress and raised difficulties and suggestions regarding permits, approvals, and infrastructure such as electricity and water. SBS Oct 15, 2026 11:13 AM

President Lee Awards Plaque of Appreciation to Kang Hoon-sik, Saying "You Worked Hard"… Certificate to Lim Kwang-hyun President Lee Jae-myung presented a plaque of appreciation to Presidential Chief of Staff Kang Hoon-sik and a certificate of appointment to incoming Chief of Staff Lim Kwang-hyun, Senior Cheong Wa Dae Spokesperson Kang Yu-jung announced. SBS Oct 15, 2026 11:12 AM

Google Unveils Next-Gen Low-Power AI Chip, Targeting Wearable Devices Google Research, the tech giant's advanced research organization, has unveiled a next-generation "Edge AI" semiconductor that significantly reduces power consumption. SBS Oct 15, 2026 11:10 AM

"Death Penalty Stamp" and "Never Bought Rice": Japanese Ministers Toppled by Slip of the Tongue According to outlets like the Yomiuri Shimbun on October 15, Minister of Agriculture, Forestry and Fisheries Kazuo Yana was dismissed the previous day, just 28 days into taking office, following remarks about cutting regional budgets and allegations of violating the Public Offices Election Act. SBS Oct 15, 2026 11:09 AM