Global Economic Times

2026.07.22 (Wed)
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FSC Slams Young Poong with Record $14.7 Million Fine Over Deliberate Accounting Fraud

SEOUL — South Korea’s financial regulator has handed down a record-breaking 20.47 billion won (approximately $14.7 million USD) fine to Young Poong Corp., a major non-ferrous metal slacker
Korean Independence Flag Raised at NYC's Waldorf Astoria Restored to Original Glory

SEOUL — A historic South Korean national flag (Taegeukgi), which bore witness to the fierce diplomatic struggle for independence on the global stage, has successfully been restored to its origin

FRAUD AT THE GATES: PROSECUTORS TAKE ON ILLEGAL APARTMENT SUBSCRIPTIONS IN DONGTAN 2 NEW TOWN

SEOUL — Four individuals who illicitly secured highly coveted apartment subscriptions in Gyeonggi Province's Dongtan 2 New Town through fraudulent residency registrations and administrative

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Daejeon City to Launch Large-Scale Cleanup of Water Purification Facilities for Safe Tap Water: The Daejeon Metropolitan City Waterworks Authority will begin a full-scale cleanup of water purification facilities at its four wa ...; HONG MOON HWA Senior Reporter 2025.04.02

Daejeon and Chungcheong Unite Through MICE: The Daejeon Metropolitan City, in collaboration with the Daejeon Tourism Organization, hosted the ‘2025 Daejeon Chungcheong ...; HONG MOON HWA Senior Reporter 2025.04.02

Daejeon Prioritizes Citizen Safety Ahead of the 2025 Science Festival: To ensure the successful operation of the '2025 Korea Science Festival,' scheduled to be held from April 16th, Daejeon City conven ...; KO YONG-CHUL Reporter 2025.04.02

Firefighter Family Sports Festival to be Held in South Chungcheong Province: The South Chungcheong Fire Headquarters announced on the 1st that Yesan County, South Chungcheong Province, has been finalized as ...; KO YONG-CHUL Reporter 2025.04.02

Chungcheongnam-do Provincial Council to Enhance Multicultural Family Policies and Promote Stable Settlement: Representative Park Jeong-su: "Separated into an individual ordinance to expand support for multicultural families and foreign res ...; HONG MOON HWA Senior Reporter 2025.04.02

Chungcheongnam-do Provincial Council to Promote 'Book Donation Culture' in Libraries: The Chungcheongnam-do Provincial Council is pushing for the enactment of an ordinance to encourage book donations from citizens an ...; KO YONG-CHUL Reporter 2025.04.02

Cheonan City to Intensify Disinfection Efforts Ahead of K-Culture Expo in May - Creating a Pleasant Environment for Visitors: Cheonan City announced on the 1st that it will conduct intensive disinfection ahead of the 'K-Culture Expo' scheduled to be held a ...; HONG MOON HWA Senior Reporter 2025.04.02

Cheonan City Recruiting Participants for 'Healthy 100 Years Exercise Class': Cheonan City announced on the 1st that it is recruiting participants for the 'Healthy 100 Years! Exercise Class' until April 4th. ...; HONG MOON HWA Senior Reporter 2025.04.02

Cheonan City Further Designates Dementia-Friendly Organizations, Strengthening Safety Net: Cheonan City announced on the 1st that it has additionally designated two dementia-friendly organizations and dementia relief stor ...; HONG MOON HWA Senior Reporter 2025.04.02

Cheonan City to Support Qualification Exam Application Fees, Easing Economic Burden for Job Seekers: Cheonan City announced on the 1st that it will support qualification exam application fees to alleviate the economic burden on job ...; KO YONG-CHUL Reporter 2025.04.02

Cheonan Startups Hold 'C-STAR Insight Tour' to Explore Mutual Cooperation: Key players in the Cheonan startup ecosystem explored ways for mutual cooperation by touring local innovative manufacturing facili ...; HONG MOON HWA Senior Reporter 2025.04.02

"Sharing the Pain of Wildfire Damage"… Cheonan's "Year of Visiting" Proclamation Ceremony Canceled: The commemorative event for the proclamation ceremony of the "2025-2026 Cheonan Year of Visiting," which was scheduled to be held ...; HONG MOON HWA Senior Reporter 2025.04.02

Yu Gwan-soon Prize, Soaring as Korea's Top Women's Award: The Yu Gwan-sun Prize, established by South Chungcheong Province, is firmly establishing itself as South Korea's most prestigious ...; KO YONG-CHUL Reporter 2025.04.02

The Independence Hall (Director Kim Hyung-seok) announced on the 1st that it will operate the history experience program ‘Saturday Outing – Independence Movement and the Press Edition’ every Saturday in April for families visiting the Independence Ha: The April ‘Independence Movement and the Press Edition’ education program was prepared to commemorate Newspaper Day, w ...; HONG MOON HWA Senior Reporter 2025.04.02

Daejeon Metropolitan City and Granada, a City of History and Culture, Renew Ties of Friendship: On March 31st (local time), Daejeon Metropolitan City Mayor Lee Jang-woo visited the Granada City Hall in Spain and met with Grana ...; HONG MOON HWA Senior Reporter 2025.04.02

Daejeon City Declares April as the 'Month of Emphasis on Preventing Serious Accidents': Daejeon City has declared April as the 'Month of Emphasis on Preventing Serious Accidents' and will promote comprehensive measures ...; HONG MOON HWA Senior Reporter 2025.04.01

Expansion of Vector-borne Disease Response Projects, Including Japanese Encephalitis: The Chungcheongnam-do Institute of Health and Environment announced on the 31st that it will expand and promote response projects ...; KO YONG-CHUL Reporter 2025.04.01

Recruiting Subscribers for Severely Disabled Support 'Banjjak Independent Account': Chungcheongnam-do announced on the 31st that it will be recruiting 100 subscribers for the 'Banjjak Independent Account' until nex ...; KO YONG-CHUL Reporter 2025.04.01

Yesan-gun Selected for Rural Stay-Type Complex Project: Chungcheongnam-do Province announced on the 31st that Yesan-gun County was selected for the Ministry of Agriculture, Food and Rura ...; HONG MOON HWA Senior Reporter 2025.04.01

Selection of '119 Dispatch Kings' Who Served the Most and Longest On-Site: Chungcheongnam-do Fire Headquarters announced on the 31st that it had selected six '119 Dispatch Kings' who responded to the most ...; HONG MOON HWA Senior Reporter 2025.04.01