SBS NEWS

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Plywood, Cotton Bales, and Gas Cylinders: Recurring Fires in Guryong Village Major fires have frequently broken out in Guryong Village in the past. Because many of the temporary buildings are made of easily combustible materials like wooden plywood and are clustered closely together, any fire that starts quickly escalates into a massive blaze. SBS Oct 29, 2026 6:43 AM

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"Three Years' Worth of Supply Already Sold Out" Sparks Excitement… "Concerns Over AI Cleared" SK Hynix shares surged after announcing a shareholder return package totaling 100 trillion won, alongside the revelation that its production volume for the next three years is already completely sold out. SBS Oct 29, 2026 6:38 AM

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Warm Clothing Needed for Morning Commute; Rain in Central Regions from Afternoon This morning is just as cold as yesterday morning. Some inland areas, shown in purple on the current map, are seeing sub-zero temperatures. SBS Oct 29, 2026 6:34 AM

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"SCM Postponed to Early Next Year"… Democratic Party Lawmaker Jin Sung-joon Denied U.S. Visa The defense chiefs of South Korea and the United States have decided to postpone the annual Security Consultative Meeting, or SCM, which was scheduled for this year, to early next year. SBS Oct 29, 2026 6:31 AM

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Controversy Mounts Over Successive Remarks on 'Foreigners and Multicultural Families'... Blue House Moves to Defuse Repercussions are mounting after President Lee Jae-myung remarked that foreign workers do not significantly help the domestic economy. SBS Oct 29, 2026 6:28 AM

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1 Dead in Highway Rear-End Collision; Fires Break Out Nationwide Late last night near the Bukcheonan Interchange in Cheonan, South Chungcheong Province, a driver in his 50s died after crashing into a passenger car ahead of him. SBS Oct 29, 2026 6:25 AM

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Financial Sector Hit by More Hacks... "Over 4.4 Million North Korean IP Attempts Detected" Just three weeks after all financial institutions conducted emergency security inspections, information leaks have occurred once again at securities firms and cryptocurrency exchanges. SBS Oct 29, 2026 6:20 AM

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Special Counsel Verifies 2.47 Million Ballots at Olympic Park Amid Transport Delay The special counsel investigating various allegations against the National Election Commission has wrapped up an on-site verification of 2.47 million ballots stored at the Olympic Park Handball Gymnasium after about 12 hours. SBS Oct 29, 2026 6:13 AM

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US Fed Freezes Benchmark Interest Rate..."Inflation Remains High" The U.S. Federal Reserve kept its benchmark interest rate unchanged overnight. Fed Chair Kevin Warsh noted that inflation remains at a high level, and expectations are growing that rates could be raised again in December. SBS Oct 29, 2026 6:09 AM

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Morning Wide: Today's Major News (October 29, 2026) 1. US Federal Reserve Pauses Rate Hikes to Catch Breath.."Possibility of Additional Hike in December" Overnight, the US central bank, the Federal Reserve, kept its benchmark interest rate on hold. SBS Oct 29, 2026 6:07 AM