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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The Paradox of Plenty: Resource-Rich Nations Plagued by Poverty and Corruption: The conventional wisdom that abundant natural resources, particularly fossil fuels, equate to economic prosperity is increasingly ...; Graciela Maria Reporter 2025.03.12

India's Tax Authorities Seek Expanded Digital Access, Sparking Privacy Concerns: The Indian government's proposed tax bill has ignited a fierce debate over privacy, with provisions that would grant tax authoriti ...; Eugenio Rodolfo Sanabria Reporter 2025.03.12

Massive Christian Protest Erupts in Arunachal Pradesh Over Anti-Conversion Law: Itanagar, Arunachal Pradesh – A significant wave of discontent has swept through the northeastern Indian state of Arunachal ...; Desk 2025.03.12

South Korean Army's 32nd Infantry Division Conducts FS/TIGER Exercise in Daejeon: Daejeon, South Korea – The 1970th Regiment of the South Korean Army's 32nd Infantry Division will conduct the '25 FS/TIGER E ...; HONG MOON HWA Senior Reporter 2025.03.12

Chungnam Culture & Tourism Foundation, 2025 K-Food Belt Project Selected for Ginseng Gastronomy: Chungcheongnam-do, South Korea – The Chungnam Culture & Tourism Foundation has been chosen as the operating organization ...; Global Economic Times Reporter 2025.03.12

Independence Hall and Korea University Anam Hospital Sign MOU to Promote the Spirit of the Korean Independence Movement: Cheonan, South Korea – Independence Hall and Korea University Anam Hospital announced on March 6th the signing of a Memorand ...; HONG MOON HWA Senior Reporter 2025.03.12

Daejeon City Hosts "Spring of Love" Side Dish Sharing Event for Vulnerable Residents: Daejeon, South Korea – To welcome the spring season and extend a helping hand to vulnerable residents, Daejeon City held a " ...; HONG MOON HWA Senior Reporter 2025.03.12

Cheonan's Cheongsu Library Partners with Hoseo University for English Programs: Cheonan's Cheongsu Library, an English-specialized library, is launching English communication programs in collaboration with Hose ...; HONG MOON HWA Senior Reporter 2025.03.12

Daejeon Fire Headquarters Conducts Mobile Training for Paramedics to Enhance On-Site Response and Improve Emergency Medical Services: Daejeon, South Korea – The Daejeon Fire Headquarters is conducting mobile training for paramedics from March 4th to 7th, 202 ...; HONG MOON HWA Senior Reporter 2025.03.12

DAEJEON CITY ADULT SECONDARY SCHOOL WELCOMES 335 NEW STUDENTS, AVERAGE AGE 60: Daejeon, South Korea – Daejeon City Adult Secondary School has opened its doors to a remarkable group of 335 new students, e ...; HONG MOON HWA Senior Reporter 2025.03.12

DAEJEON FORGES RAIL TOURISM PARTNERSHIP WITH KORAIL TOURISM DEVELOPMENT: Daejeon, South Korea – Daejeon City is set to become a major rail tourism destination, forging a strategic partnership with ...; Global Economic Times Reporter 2025.03.12

Daejeon Fire Department Intensifies Spring Fire Prevention Measures: Daejeon, South Korea – The Daejeon Fire Department has announced a concentrated effort to prevent fires during the spring se ...; HONG MOON HWA Senior Reporter 2025.03.12

Iceland's Landsvirkjun Taps COWI for Sigalda Hydropower Expansion: Reykjavik, Iceland – Landsvirkjun, Iceland's National Power Company, has selected the global engineering consultancy firm CO ...; Global Economic Times Reporter 2025.03.11

EU Prepares for Potential Hungarian Blockade of Russian Sanctions Extension: Brussels – The European Union is bracing for a potential showdown with Hungary as the deadline for extending sanctions again ...; Yim Kwangsoo Correspondent 2025.03.11

Haiti Focuses on Climate Risk Assessment in Vulnerable Coastal Zones: Port-au-Prince, Haiti – In a concerted effort to safeguard its vulnerable coastal regions, Haiti's Climate Change Directorat ...; Graciela Maria Reporter 2025.03.11

Fake "Women's Bonus" Circulates in Guatemala, Targeting Personal Data: Guatemala City, Guatemala – A deceptive message promising a "Women's Bonus" of Q1000 is spreading rapidly across social medi ...; Graciela Maria Reporter 2025.03.11

Guatemala City Weather: High Rain Chance, Strong Winds Expected: Guatemala City residents should prepare for a day of potential showers and strong winds, according to the latest weather forecast. ...; Pedro Espinola Special Correspondent 2025.03.11

Volcano of Fire Erupts in Guatemala, Triggering Mass Evacuations and Heightened Alert: Alotenango, Guatemala – The Volcán de Fuego (Volcano of Fire) in Guatemala erupted with renewed force on Sunday, Marc ...; Global Economic Times Reporter 2025.03.11

Guatemalan Journalist José Rubén Zamora Ordered Back to Jail Amidst Corruption Allegations: Guatemala City, Guatemala – In a move that has sparked widespread condemnation, a Guatemalan judge has ordered the return of ...; Yim Kwangsoo Correspondent 2025.03.11

Paraguay Launches Comprehensive Healthcare System Overhaul to Prioritize Citizen Well-being: Asunción, Paraguay – The Paraguayan government has announced a sweeping initiative to modernize its healthcare system ...; KO YONG-CHUL Reporter 2025.03.11