SBS NEWS

Amid Iran and Houthi Threats, U.S. Quietly Reduces Forces Stationed in Middle East military has reportedly been quietly reducing its troop presence in the region over the past few days. SBS Oct 22, 2026 2:25 PM

Supreme Court: Confiscation of Proceeds from Fraud Exceptionally Permitted When Victim Compensation is Difficult The Supreme Court's First Division (presiding Justice Ma Yong-joo) recently finalized a lower court ruling sentencing a defendant identified as A to four years in prison and ordering the confiscation of 243.25 million won in cash for charges including fraud and violations of the Act on Regulation of Similar Receiving Businesses. SBS Oct 22, 2026 2:23 PM

Official Complaint Filed Over Wonyoung's "Airport Attitude Controversy" It has been confirmed that an official complaint has been filed demanding clear standards for identity verification at airports, following the "attitude controversy" surrounding IVE member Jang Wonyoung's departure from Gimpo International Airport. SBS Oct 22, 2026 2:23 PM

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Today's Top Stories: Heading Out, Then U-Turning… 'Bukang-i' Reluctant to Leave (October 22, 2026) 1. Didn't Kim Yo-jong, deputy department director of North Korea's Workers' Party, warn that North Korea would resume loudspeaker broadcasts targeting South Korea? The Ministry of National Defense has responded to this. SBS Oct 22, 2026 2:16 PM

Young Poong and MBK Express Regret Over Losing 1st Trial in Shareholder Derivative Suit Against Korea Zinc, Plan Immediate Appeal The 30th Civil Division of the Seoul Central District Court delivered its ruling in the first trial of the damages suit filed by Young Poong against 10 Korea Zinc directors, including Chairman Choi Yun-beom. SBS Oct 22, 2026 2:12 PM

Lee Uk-heon: "Various Situations Must Be Fully Considered for Virtual Asset Taxation... Discussions on Digital Asset Basic Act in Final Stages" Financial Services Commission Chairman Lee Uk-heon stated today regarding the virtual asset taxation scheduled to take effect next year, "I believe various situations must be fully considered." Chairman Lee made the remark during the National Policy Committee's comprehensive audit at the National Assembly when asked by People Power Party lawmaker Song Eon-seok for his opinion on abolishing or postponing the implementation of virtual asset taxation. SBS Oct 22, 2026 2:11 PM

Shin Hyun-song: Rate Freeze Is Fruit of Preemptive Action... Monetary Tightening to Continue Bank of Korea Governor Shin Hyun-song explained today that the decision to freeze the benchmark interest rate was the result of gaining room to adjust the pace of rate hikes following consecutive increases in July and August. SBS Oct 22, 2026 2:11 PM

Minister Kim Jung-kwan: Labor Exception Clauses Must Be Included in Mega Special Zone Act Minister of Trade, Industry and Energy Kim Jung-kwan has stated that labor special exception provisions, such as exemptions from the 52-hour workweek cap, must be included in the Mega Special Zone Act designed to support mega-projects. SBS Oct 22, 2026 2:09 PM

Financial Services Commission Chairman: Solidigm's US Listing Subject to Double-Listing Regulations Financial Services Commission Chairman Lee Uk-heon stated today that SK hynix's push to list its US subsidiary, Solidigm, falls under current double-listing regulations, and that SK hynix and SK Square will incur obligations as parent companies due to governance structure. SBS Oct 22, 2026 2:09 PM

Archer Kim Je-deok Defies Strong Winds in Seogwipo to Win Third Straight National Championship Individual Title Kim Je-deok (Yecheon County Office / Gyeongsangbuk-do), a member of the men's team gold medal squad at the 2026 Aichi-Nagoya Asian Games, has captured his third consecutive individual title at the National Sports Festival. SBS Oct 22, 2026 2:08 PM