Global Economic Times

2026.07.23 (Thu)
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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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Tragedy Strikes Renowned Real Estate Lecturer: Wife's Alleged Attack Leads to Death: A respected real estate lecturer, known for his engaging teaching style and dedication to his students, has tragically died follow ...; ONLINE TEAM 2025.02.27

Government Increases Budget for EV Charging Infrastructure by 43% to Expand EV Supply: The Ministry of Environment announced on the 26th that it has finalized the 2025 budget for supporting the installation of EV char ...; Desk 2025.02.26

Chinese Men Steal Urns from Temple in Jeju Island, Demand Ransom: JEJU ISLAND – Two Chinese men are being sought by police after they stole six urns containing human remains from a temple in ...; ONLINE TEAM 2025.02.26

Daejeon to Share Blueprint for Future Green Spaces with Citizens: Daejeon City will be sharing its vision for the future of parks and green spaces with its citizens, aiming to transform the city i ...; HONG MOON HWA Senior Reporter 2025.02.26

Chungcheongnam-do Joins Hands with 51 Organizations to Expand RE100 Initiative: Chungcheongnam-do has partnered with 51 organizations to promote the RE100 campaign, a global initiative aimed at transitioning bu ...; HONG MOON HWA Senior Reporter 2025.02.26

Chungcheong Area Sees Increase in Births and Total Fertility Rate... Joining the National Rebound Trend: Last year, the Chungcheong area showed positive demographic trends, with an increase in the number of births in Daejeon, Sejong, a ...; HONG MOON HWA Senior Reporter 2025.02.26

Korean Researchers Propose New Strategy for Stroke Treatment by Controlling Calcium Signals in Brain Cells: A team of Korean researchers has proposed a new strategy for treating stroke by controlling calcium signals in astrocytes, which a ...; Desk 2025.02.26

Digital Screen Time Linked to Increased Myopia Risk: Study Suggests 4-Hour Daily Limit: Seoul, South Korea – A recent meta-analysis study conducted by a team of ophthalmologists at Seoul National University Hospi ...; Hwang Sujin Reporter 2025.02.26

Seoul St. Mary's Hospital Research Team Reports First Successful Case of Dual Antibody Therapy in Korea: A research team at Seoul St. Mary's Hospital has published the first study in Korea demonstrating the effectiveness of dual antibo ...; Desk 2025.02.26

Korea to Establish National Cardiovascular Research Institute by 2029: Jangseong, South Korea – The Korea National Institute of Health (KNIH) announced on February 26th that it has launched a des ...; Global Economic Times Reporter 2025.02.26

Ethiopia Investment Forum Attracts Korean Businesses: Seoul, South Korea – Ethiopia is emerging as a promising destination for overseas investment in the textile and apparel sect ...; HONG MOON HWA Senior Reporter 2025.02.26

Seoul Man Arrested for Spying on Neighbors, Further Investigation Reveals Additional Charges: Seoul, South Korea – A 30-year-old man was arrested in Seoul on February 4th for allegedly breaking into his neighbors' home ...; Desk 2025.02.26

Samsung Bioepis Launches Stelara Biosimilar in the US, Faces Legal Challenge from Janssen: Samsung Bioepis has launched its Stelara biosimilar, Pizchiva, in the United States through its marketing partner, Sandoz. Stelara ...; Desk 2025.02.26

Teacher Acquitted in Personal Information Case: Seoul, South Korea – The Supreme Court of Korea has overturned a lower court ruling that found a high school teacher guilty ...; Desk 2025.02.26

Norway Selects Kyle Alessandro to Represent Country at Eurovision: OSLO – Kyle Alessandro will represent Norway at the Eurovision Song Contest in Basel, Switzerland on May 17th, the country&r ...; Eugenio Rodolfo Sanabria Reporter 2025.02.25

Kazakhstan Issues 65 "Ata Zholy" Cards to Attract Talent and Strengthen Ties with Diaspora: ASTANA – Kazakhstan has issued 65 "Ata Zholy" cards, granting ethnic Kazakhs living abroad the right to live and work in the ...; Ana Fernanda Reporter 2025.02.25

Viral YouTube Video Warns Americans: "Australia Should Scare You": A popular YouTube channel with over 1.3 million subscribers, How Money Works, has released a video titled "Australia's Quiet Colla ...; Pedro Espinola Special Correspondent 2025.02.25