SBS NEWS

AI and Semiconductor Stocks Lose $1 Trillion in Market Value Over Four Days According to U.S. broadcaster CNBC on the 15th , the combined market capitalization of the top 20 global AI and semiconductor companies evaporated by more than $1 trillion (approx. SBS Oct 16, 2026 9:19 AM

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Fierce 43-to-1 Competition for New Apartment, But Elite Athletes Won With "Free Pass" A newly built apartment complex in Incheon. Back in 2021, when subscriptions were first offered, about 31,000 people rushed into the first-priority general supply, recording a competition rate of 43 to 1. SBS Oct 16, 2026 9:18 AM

"I'll Bring Famous Actors"... Event Firms Claim Hundreds of Millions in Losses After Trusting Former Actor The Seoul Gangnam Police Station announced that it received a complaint early last month requesting an investigation into individual A on charges including fraud, forgery of private documents, and uttering forged private documents, and recently assigned the case to an investigation team. SBS Oct 16, 2026 9:16 AM

"Anthropic Growth Slowing? Expectations for Corporate Value Lowered" According to Reuters, Anthropic stated at a pre-IPO investor presentation held at its headquarters in San Francisco, U.S., on the 14th that its third-quarter revenue reached $16.8 billion (approx. SBS Oct 16, 2026 9:16 AM

5 Dead, Including Children, in Broad Daylight School Shooting at Oregon Elementary School A shooting during class hours at an elementary school in the western U.S. state of Oregon has left at least five people dead. SBS Oct 16, 2026 9:14 AM

Saudi Arabia: Houthi Rebels Launched 20 Attacks on Riyadh Airport in October, Killing 17 Turki al-Maliki, spokesperson for the Saudi-led coalition and the Saudi Ministry of Defense, made the announcement during a press conference that day, adding, "The Houthi rebels have also attempted attacks targeting dozens of airports, oil facilities, and ports within Saudi Arabia." The coalition added that attacks by the Houthi rebels on Abha Airport, located in southwestern Saudi Arabia near the Yemeni border, left 3 people dead and 28 injured. SBS Oct 16, 2026 9:05 AM

"Either Far Left or Far Right": Why Exhausted Youths Are Splitting into Political Extremes ⚡ Quick Summary Young voters in Berlin, Germany, and New York, United States, are overwhelmingly backing radical socialist parties and candidates, fueled by heavy housing cost burdens and deep distrust in the capitalist system. SBS Oct 16, 2026 9:04 AM

Import Prices Rise for First Time in Four Months in September Despite Falling Exchange Rate Due to Sharp Oil Price Surge According to the Export and Import Price Index statistics released by the Bank of Korea today , the import price index (based on the Korean won, preliminary, 2020=100) stood at 159.37 for September, up 1.7% from 156.68 in August. SBS Oct 16, 2026 9:03 AM

September Employment Up 113,000... Manufacturing Jobs Increase for First Time in 2 Years and 3 Months The number of employed persons increased by 113,000 in September, marking a gain in the 100,000 range for the third consecutive month. SBS Oct 16, 2026 9:03 AM

Gov't Warns Escalating Middle East Tensions Could Weigh on Employment, Pledges Focus on 3 Major Job Policies The announcement came after First Vice Minister of Economy and Finance Kwon Dae-young and Vice Minister of Employment and Labor Kwon Chang-jun held a joint inter-agency job task force meeting at the Government Complex-Seoul today to discuss and review last month's employment trends and tasks in the job sector for implementing the three core social policies. SBS Oct 16, 2026 9:02 AM