SBS NEWS

Samsung Electronics CEO on Record 100 Trillion Won Profit: Time to Secure Tech Competitiveness, Not Celebrate (Photo courtesy of Samsung Electronics, Yonhap News) The two co-CEOs of Samsung Electronics, which has become the first global tech company to surpass 100 trillion won in quarterly operating profit, have emphasized that rather than celebrating their performance, it is time to coldly review their technological and quality competitiveness. SBS Oct 30, 2026 9:02 AM

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Fixed Mortgage Rates Finally Surpass 5% to Hit Record High Here is your useful news update. Fixed mortgage rates have topped 5%. The average interest rate on fixed-rate home-backed loans has exceeded 5% for the first time on record. SBS Oct 30, 2026 8:52 AM

September Output Posts Record Growth in 15 Years and 6 Months, Triple Increase in Three Months Domestic production, consumption, and investment all increased in September. This triple increase marks the first time in three months since June. SBS Oct 30, 2026 8:45 AM

Gangnam-gu in Seoul Plans to Request Special Disaster Zone Designation for Fire-Damaged Guryong Village The Gangnam District Office in Seoul announced plans to request the Ministry of the Interior and Safety to designate the fire-damaged area in Guryong Village as a special disaster zone. SBS Oct 30, 2026 8:44 AM

Suspect Accused of Murdering Mother-in-Law Charged with Pre-Marital Rape and Illicit Filming Gyeonggi Suwon Gwonseon Police Station announced today that Kim was referred to the Suwon District Prosecutors' Office on October 27 on charges including rape resulting in injury and illegal filming under the Act on Special Cases Concerning the Punishment of Sexual Crimes. SBS Oct 30, 2026 8:42 AM

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"How Could He Say That?"... Principal's Remark to School Bullying Victim Sparks Controversy The remarks made by a school principal to a victim of school bullying are drawing backlash. SBS Oct 30, 2026 8:40 AM

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Wedding Prepared for a Year Ruined by Marathon: "Completely Ruined" Next is a story about a wedding that was meticulously prepared, only to be ruined. SBS Oct 30, 2026 8:33 AM

White House Plunges Into Gloom Ahead of Midterms; Trump Relies on Loyalists and AI Slop, NYT Reports President Donald Trump campaigning in South Carolina A gloomy atmosphere is gripping the White House as concerns grow over a potential defeat for the Republican Party ahead of the November 3 U.S. SBS Oct 30, 2026 8:31 AM

Alphabet Loses $500 Billion in Market Cap in One Day, Second Largest in Wall Street History Alphabet plunged 12.6% on the Nasdaq to close at $283.82, with losses extending by another 0.9% in after-hours trading. SBS Oct 30, 2026 8:30 AM

Rumors of Multi-Billion Dollar Hack Hit World's Largest Crypto Exchange Binance A Binance spokesperson announced on the 30th local time, "We are aware of reports regarding a potential security issue and are investigating," adding, "At this stage, no impact on user funds has been confirmed, and we will share updates through official channels as soon as they become available." Changpeng Zhao, co-founder of Binance, also acknowledged that there is a possibility the world's largest cryptocurrency exchange was hacked, while emphasizing that user funds are safe. SBS Oct 30, 2026 8:26 AM