SBS NEWS

Ex-Lawmaker Yoon Kwan-suk Sentenced to Prison with Probation in 2nd Trial for '20 Million Won Bribe' This overturns the not-guilty verdict from the first trial. On October 16, the 6-2 Criminal Division of the Seoul High Court (Presiding Judges Park Jung-je, Min Dal-ki, and Kim Jong-woo) sentenced Yoon, who was brought to trial on charges including bribery, to one year in prison suspended for two years, along with a fine of 20 million won and approximately 14 million won in forfeiture. SBS Oct 16, 2026 2:34 PM

In Inaugural Directive, First National Major Crime Investigation Agency Head Kim Ji-yong Orders Swift Formation of Task Force for Early Stabilization According to the NMCI, Kim arrived at the Lene Square Building in Jung-gu, Seoul, today and received key pending issue reports and work briefings from relevant departments. SBS Oct 16, 2026 2:32 PM

17 Wedding Prep Service Providers Fined for Hiding Pricing Information This marks the first time penalty procedures have been initiated as the government newly pushes for a mandatory disclosure system for key information in the wedding services sector. SBS Oct 16, 2026 2:32 PM

KOSDAQ, Surging Over 5% After Plunging 7% the Day Before, Triggers Buy Sidecar The KOSPI is showing a rise of over 1% in the early session. As the KOSDAQ surged more than 5% during trading just one day after a sharp decline, a buy sidecar—a temporary suspension of program buy orders—has been triggered in the KOSDAQ market. SBS Oct 16, 2026 2:31 PM

Police Summon Nancy Lang for Questioning Over Alleged Drunk Driving The Seoul Gangnam Police Station summoned and questioned Nancy Lang this morning on charges of driving under the influence of alcohol under the Road Traffic Act. SBS Oct 16, 2026 2:30 PM

President Lee Attends Buma Democratic Uprising Ceremony in Busan, Highlights Civic Spirit President Lee Jae-myung, accompanied by First Lady Kim Hye-kyung, attended the ceremony marking the 47th anniversary of the Buma Democratic Uprising held at Busan City Hall. SBS Oct 16, 2026 2:29 PM

Korean Theaters Enter Off-Peak Season as Box Office Freezes Over Following Triple Holidays After drawing bustling crowds across three consecutive holiday breaks over the past three weeks—Chuseok, National Foundation Day, and Hangeul Day—the box office has suddenly turned quiet. SBS Star Oct 16, 2026 2:26 PM

Hanwa Eagles Manager Ryu Ji-hyun Takes Office: "I Will Build a Sustainably Strong Team" Ryu Ji-hyun, 55, who took office as the 15th manager of the professional baseball team Hanwha Eagles, expressed his resolve to do his utmost so that passionate Hanwha fans can feel the pride of "Choegang Hanwha" . SBS Oct 16, 2026 2:26 PM

Special Counsel Seeks 30-Year Prison Term for Yoon Suk Yeol in Appeal Over Pyongyang Drone Infiltration During the appellate sentencing hearing for Yoon, former Defense Minister Kim Yong-hyun, and others held by the 1st Criminal Division of the Seoul High Court (Presiding Judge Yoon Sung-sik) on the 16th, the special counsel team requested 30-year prison terms for both of them. SBS Oct 16, 2026 2:24 PM

Park Dong-il Named Vice Industry Minister, Shin Jin-chang Appointed FSC Vice Chairman The appointments are seen as a personnel move aimed at ensuring policy continuity, as both vice-ministerial positions were filled through internal promotions. SBS Oct 16, 2026 2:23 PM