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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Jeju Island Tourism in Crisis: Turning Challenges into Opportunities: Jeju Island, renowned for its breathtaking natural landscapes and diverse attractions, is currently experiencing a decline in tour ...; KO YONG-CHUL Reporter 2025.02.21

Daejeon's Myeongam Neighborhood Park: A 16-Year Journey to Green Oasis: After 16 years of planning and construction, Daejeon's Myeongam Neighborhood Park is finally set to open to the public in March. T ...; HONG MOON HWA Senior Reporter 2025.02.21

Cheongnam Creative Economy Innovation Center recruits preliminary entrepreneurs for the 2025 New Business Startup School: The Chungnam Creative Economy Innovation Center is supporting the successful start-up of prospective small business owners through ...; HONG MOON HWA Senior Reporter 2025.02.21

Microplastics in the Human Brain Are Rapidly Increasing: This is the result of a study by Professor Matthew Campen's research team at the University of New Mexico, recently published in t ...; Desk 2025.02.21

Delta Airlines Offers $30,000 Compensation to Each Passenger Involved in Toronto Airport Accident: Delta Airlines has offered $30,000 (approximately 43 million Korean won) in compensation to each of the 76 passengers on board the ...; Sharon Yoon Correspondent 2025.02.21

Korean Researchers Develop 3D Sensor Array That Mimics Human Touch: A team of researchers from Pohang University of Science and Technology (POSTECH) and Ulsan National Institute of Science and Techn ...; Hwang Sujin Reporter 2025.02.21

Inflation Surges to 3% in January, Driven by VAT on Private School Fees and Rising Food Costs: LONDON – Inflation in the UK accelerated to 3% in January, the highest level in 10 months, according to the Office for Natio ...; Graciela Maria Reporter 2025.02.21

Banco Unión Takes a Leap Towards Sustainability with Solar Panel Installation: La Paz, Bolivia – Banco Unión has solidified its commitment to environmental sustainability by installing 168 solar p ...; Eugenio Rodolfo Sanabria Reporter 2025.02.21

Exposoya 2025 to Highlight Biotechnology and Sustainable Practices for Soybean Production: Santa Cruz, Bolivia – Exposoya 2025, the most important technology event in the soybean sector, kicks off its 31st edition w ...; Eugenio Rodolfo Sanabria Reporter 2025.02.21

Chayanta Municipality Unveils Monument to Tinku Amidst Controversy: Chayanta, Bolivia – The municipality of Chayanta unveiled a 12-meter-tall monument dedicated to the traditional Tinku festiv ...; Ana Fernanda Reporter 2025.02.21

Bolivian Deputy Minister Says Police Captain's Murder Was Organized Crime Reprisal: La Paz, Bolivia – The Bolivian Deputy Minister of Interior, Jhonny Aguilera, stated on Thursday that the murder of Police Ca ...; Pedro Espinola Special Correspondent 2025.02.21

Otis Wins Contract to Maintain Panama Metro's Line 1 Elevators and Escalators: PANAMA CITY, Panama – Otis Panama, a subsidiary of Otis Worldwide Corporation (NYSE: OTIS), has secured a four-year contract ...; KO YONG-CHUL Reporter 2025.02.21

Panama Becomes Staging Ground for US Deportations, Raising Humanitarian Concerns: Panama City, Panama – A Chinese woman who escaped from a Panama City hotel where she was being held for deportation highligh ...; KO YONG-CHUL Reporter 2025.02.21

Nepal Rastra Bank Announces Latest Foreign Exchange Rates: KATHMANDU – Nepal Rastra Bank (NRB) has released the foreign exchange rates for Wednesday, providing a guide for currency ex ...; Pedro Espinola Special Correspondent 2025.02.21

HCM City Tackles Persistent Industrial Pollution in Export Processing Zones: HCM CITY – Air and odor pollution from industrial emissions continues to plague industrial parks (IPs) and export processing ...; Graciela Maria Reporter 2025.02.21

Kiên Giang Province Braces for Increased Forest Fire Risk Amidst El Nino and Climate Change: KIÊN GIANG — Authorities in the southern province of Kiên Giang are on high alert for forest fires due to the co ...; Eugenio Rodolfo Sanabria Reporter 2025.02.21

Northern Vietnam Braces for Cold Snap: HANOI — Northern Vietnam is bracing for a cold snap, with severe cold spells predicted for high mountainous regions starting ...; Eugenio Rodolfo Sanabria Reporter 2025.02.21

Cần Thơ High School Students Lead the Way in Zero-Waste Initiative: CẦN THƠ – Students at Lý Tự Trọng High School for Gifted Students in Cần Thơ, Vietnam, are spearheading a remarkable ...; Graciela Maria Reporter 2025.02.21

Vietnam Launches Campaign to Combat Illegal Ivory Trade Targeting Tourists: HÀ NỘI – Vietnam has launched a campaign to combat the illegal ivory trade, focusing on educating international touri ...; Eugenio Rodolfo Sanabria Reporter 2025.02.21