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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Graft-Accused Incheon Council Members to Keep Receiving Taxpayer Funds While Detained: Incheon, South Korea - Two Incheon Metropolitan City Council members arrested last week on charges of accepting hundreds of millio ...; KO YONG-CHUL Reporter 2025.03.31

Bolivian Street Food Elevated to Fine Dining Status: LA PAZ, Bolivia — The culinary landscape of Bolivia is undergoing a fascinating transformation, with chefs like Dennis Llusc ...; Eugenio Rodolfo Sanabria Reporter 2025.03.31

South Korea Enacts Sweeping Legal Reforms in April: Enhanced Protection for Youth, Parental Support, and Eco-Friendly Initiatives: Seoul, South Korea – A comprehensive package of 97 legal amendments is set to take effect across South Korea this April, ush ...; KO YONG-CHUL Reporter 2025.03.31

Singapore Cracks Down on Illegal Touting at Changi Airport, Nine to be Deported: SINGAPORE: Authorities in Singapore have taken decisive action against illegal touting activities at Changi Airport, resulting in ...; Desk 2025.03.31

Spain Joins Global Movement to Curb Rental Cars Amid Tourism Surge: Spain - Spain is taking decisive steps to manage the growing impact of tourism on its roads and communities by implementing strict ...; Desk 2025.03.31

Gyeonggi-do to Double the Number of Gyowhaeon Train Runs Starting April 1st: The Gyowhaeon, a commuter rail line connecting Goyang and Uijeongbu, will see its number of daily train runs doubled from 8 to 20 ...; Hwang Sujin Reporter 2025.03.30

Incheon Airport Launches Pilot Self-Driving Shuttle Service Between Terminals: INCHEON, SOUTH KOREA – In a move towards embracing future mobility, Incheon International Airport Corporation (IIAC) has com ...; Desk 2025.03.30

Daejeon Mayor Leads Economic and Scientific Mission to Spain, Strengthening International Ties: Daejeon Mayor Lee Jang-woo has embarked on an eight-day official trip to Spain, from March 29th to April 5th, with a focus on bols ...; HONG MOON HWA Senior Reporter 2025.03.30

Experience Spring in Bloom: Apply for the Naepo Gayasan Hiking Event!: YESAN, SOUTH KOREA - Chungcheongnam-do Province is inviting nature enthusiasts and hikers to participate in the '2025 Naepo Gayasa ...; HONG MOON HWA Senior Reporter 2025.03.30

Taean International Horticultural Therapy Expo Unveils Official Symbol and Slogan: The official symbol (Event Identity, EI) and slogan representing the identity of the 2026 Taean International Horticultural Therap ...; KO YONG-CHUL Reporter 2025.03.30

Chungnam Province Aims to Spotlight Historic Port with New Festival Initiative: SEOCHEON, South Korea – The Chungnam Provincial Council has initiated a research group dedicated to re-evaluating the histor ...; KO YONG-CHUL Reporter 2025.03.30

Healing with Local Rice: Daejeon Agri-Tech Center to Offer Therapeutic Cooking Class: Daejeon, South Korea – The Daejeon Agricultural Technology Center is set to host a specialized food processing technology co ...; HONG MOON HWA Senior Reporter 2025.03.30

South Korea Launches Nationwide Mobile Resident Registration Card System: Daejeon, South Korea – Starting March 28th, South Korean citizens across the nation will be able to obtain a 'Mobile Residen ...; KO YONG-CHUL Reporter 2025.03.30

Daejeon to Host ISS 2025, Gathering Global Space Experts: Daejeon, South Korea - The city of Daejeon is taking significant steps towards becoming a global space hub by hosting the Internat ...; HONG MOON HWA Senior Reporter 2025.03.30

Chungnam Province Boosts Lifelong Learning Collaboration with Cities and Counties for 2025: DEOKSAN RESOM, SOUTH KOREA – Chungcheongnam-do Province is intensifying its collaborative efforts with its constituent citie ...; HONG MOON HWA Senior Reporter 2025.03.30

Monthly Chungnam in April: Discover Spring Picnic Spots with Tales of the Past: CHUNGNAM PROVINCE - In celebration of the '2025-2026 Visit Chungnam Year,' Chungnam Province is highlighting its regional attracti ...; KO YONG-CHUL Reporter 2025.03.30

TBN Chungnam Traffic Broadcasting, the First Terrestrial Radio in South Chungcheong Province, to Launch on July 8th: South Chungcheong Province is just over 100 days away from the launch of its first terrestrial radio station, the Korea Road Traff ...; HONG MOON HWA Senior Reporter 2025.03.30

South Chungcheong Governor Honors West Sea Defenders on 10th Anniversary: DAEJEON, South Korea - South Chungcheong Province Governor Kim Tae-heum led a delegation to the National Daejeon Cemetery on Wedne ...; HONG MOON HWA Senior Reporter 2025.03.30

Spring Warning: Heat-Resistant Bacteria Fuel Food Poisoning Concerns in Chungnam: As spring temperatures climb, the Chungnam Provincial Institute of Health and Environment is urging residents and food service pro ...; KO YONG-CHUL Reporter 2025.03.30

South Chungcheong Councils Unite to Spearhead Local Autonomy Advancement: HONGSEONG, South Korea – Local legislative bodies across South Chungcheong Province convened on March 27th to foster collabo ...; HONG MOON HWA Senior Reporter 2025.03.30