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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New Book Educates Young Readers on South Africa's Apartheid Legacy: JOHANNESBURG, South Africa – A new book, "Together Apart: The Story of Living in Apartheid," aims to educate young readers a ...; KO YONG-CHUL Reporter 2025.03.25

Storm Martinho Triggers Widespread Flooding, Evacuations Across Spain: MADRID, Spain – Spain is grappling with severe flooding as Storm Martinho unleashes torrential rains across the country, pro ...; Global Economic Times Reporter 2025.03.25

Sweden Appoints Special Investigators to Oversee National Pension Fund Mergers: Stockholm & Gothenburg, Sweden – The Swedish government has initiated a significant consolidation of its national pensio ...; Ana Fernanda Reporter 2025.03.25

Magirus Establishes New Swiss Subsidiary to Enhance Firefighting Capabilities: ULM, Germany/SWITZERLAND – Magirus, a leading manufacturer of firefighting vehicles and equipment, has announced the formati ...; KO YONG-CHUL Reporter 2025.03.25

Switzerland's Sledding Scene: A Winter Thrill Beyond Backyard Hills: GRINDELWALD, SWITZERLAND — Forget the plastic saucers and gentle slopes of childhood. In Switzerland, sledding, or "rodeling ...; KO YONG-CHUL Reporter 2025.03.25

Switzerland's Luxury Tourism Boom: Balancing Wealth and Community: WENGEN, Switzerland - As the global economy grapples with uncertainty, Switzerland's tourism industry is strategically targeting t ...; Graciela Maria Reporter 2025.03.25

StraitNZ Bluebridge Boosts Cook Strait Capacity with New Vessel: WELLINGTON, New Zealand – StraitNZ Bluebridge has announced a significant expansion of its Cook Strait service, welcoming St ...; ONLINE TEAM 2025.03.25

New Zealand Launches Playable Minecraft World to Boost Tourism: Auckland, New Zealand – In a groundbreaking move to attract global visitors, Tourism New Zealand has unveiled "Aotearoa New ...; KO YONG-CHUL Reporter 2025.03.25

Mount Fuji Imposes Stricter Rules to Combat Overtourism and Environmental Damage: MOUNT FUJI, Japan – In an effort to mitigate the growing problems of overtourism and environmental degradation, Shizuoka and ...; Desk 2025.03.25

Chinese Migration Transforms Japanese Cities, Creating New Chinatowns: TOKYO – Japan is experiencing a significant demographic shift as the number of Chinese residents surges, driven by relaxed v ...; Hwang Sujin Reporter 2025.03.25

"Taste of Japan" Celebrated in Busan with Culinary Event: Busan recently hosted a unique culinary event, "Chef's Invitation to Busan," organized by tourism marketing company InPainter Glob ...; Desk 2025.03.25

Hidden Culinary Gem: Indian Delights Emerge from Baltimore Bodega: BALTIMORE, MD - In the unassuming aisles of a Remington convenience store, amidst canned goods and household items, a culinary sec ...; Sharon Yoon Correspondent 2025.03.25

India Eyes 2030 Commonwealth Games as Stepping Stone to Olympic Dream: NEW DELHI – India has officially submitted an "expression of interest" to host the 2030 Commonwealth Games, signaling a sign ...; ONLINE TEAM 2025.03.25

India's Adivasi Communities: Facing Marginalization, Embracing Faith Amidst Challenges: Chhattisgarh & Kerala, India - India's Adivasi, or tribal, communities, representing 8.6% of the nation's population (approxim ...; ONLINE TEAM 2025.03.25

Indonesian Navy's New Warship, KRI Brawijaya, Begins Sea Trials in Italy: La Spezia, Italy – The Indonesian Navy (TNI AL) has marked a significant milestone with the commencement of sea trials for i ...; Graciela Maria Reporter 2025.03.25

Indonesian Forest Farmers Navigate Complex Landscape, Seeking Sustainable Future: Padasenang, Java, Indonesia - In the lush hills of Padasenang, a village nestled in Sukabumi Regency, generations of forest farmer ...; Graciela Maria Reporter 2025.03.25

Korea Mint Launches Goods Using Currency By-products... Seeks Survival Strategy in a 'Cashless Society': On the 21st, the Korea Mint launched 'Money Pen', a product utilizing by-products from the currency manufacturing process. The tra ...; Desk 2025.03.25

Enhanced ID Verification to Combat Phone Fraud in South Korea: Starting March 25, 2025, South Korea will implement stricter identity verification procedures for mobile phone activations to comb ...; Desk 2025.03.25

Incheon City Enhances Food Safety with Expanded 'On-Site Safety Mentoring' Initiative: Incheon City has announced the expansion of its 'On-Site Safety Mentoring' project, aimed at bolstering food safety standards with ...; Min Gyu Mi Reporter 2025.03.25