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 Unregulated Gold Mine in Mali, Leaving Dozens Dead: BAMAKO, Mali – A devastating collapse at an illegal gold mine in western Mali on Saturday has claimed the lives of at least ...; Eugenio Rodolfo Sanabria Reporter 2025.02.19

New Jersey Man Sues Safari Company After Wife Killed by Hippo in Zambia: Stamford, CT – Craig Manders, of Cranford, New Jersey, has filed a lawsuit against African Portfolio, a Greenwich, Connectic ...; Eugenio Rodolfo Sanabria Reporter 2025.02.19

Uganda Drops Military Trial Against Opposition Leader Besigye, But Hunger Strike Continues: Kampala, Uganda - The Ugandan government announced on Sunday that it would drop the controversial military trial against prominent ...; Pedro Espinola Special Correspondent 2025.02.19

Kenya Grapples with Surge in Alleged Forced Disappearances Following Protests: Nairobi, Kenya – Since widespread protests erupted in Kenya in June 2024, a disturbing trend of alleged forced disappearance ...; Hee Chan Kim Reporter 2025.02.19

Cairo Building Collapse Claims Lives, Sparks Investigation: Cairo, Egypt – A three-story residential building in the working-class neighborhood of Kerdasa, located in western Greater C ...; Hee Chan Kim Reporter 2025.02.19

Uganda Declares Ebola Outbreak Over After Last Patients Recover: KAMPALA, Uganda – Uganda has declared its latest Ebola outbreak officially over after the last eight patients made a full re ...; Global Economic Times Reporter 2025.02.19

Libya's Human Trafficking Crisis: Immigrants Face Torture, Extortion, and Death: Al-Jufra, Libya – A grim picture of human trafficking in Libya is emerging, with Al-Jufra Security Directorate revealing sho ...; Graciela Maria Reporter 2025.02.19

Gwangju City Completes New Bike Path, Enhancing Commuter Convenience and Safety: Gwangju, South Korea – Gwangju City recently celebrated the grand opening of its new bike path connecting Gwangju Station to ...; Hwang Sujin Reporter 2025.02.19

Sacheon City Takes Comprehensive Action to Combat Social Isolation and Loneliness: Sacheon, South Korea – In response to a growing number of single-person households, Sacheon City has announced a comprehensi ...; HONG MOON HWA Senior Reporter 2025.02.19

Tuyen Quang Province Launches Ambitious Investment Promotion Program for 2025: TUYEN QUANG, Vietnam – Tuyen Quang province in northern Vietnam has unveiled its 2025 investment promotion program, aiming t ...; ONLINE TEAM 2025.02.18

Singapore Unveils Comprehensive Support Package to Combat Cost of Living: Singapore has announced a multi-pronged approach to help its citizens navigate rising living costs. During his Budget speech on Tu ...; KO YONG-CHUL Reporter 2025.02.18

Egypt's Organi Group and China's CSCEC Forge Strategic Partnership to Boost Real Estate Sector: Cairo, Egypt – In a move poised to reshape Egypt's real estate landscape, local construction giant Organi Group and Chinese ...; Ana Fernanda Reporter 2025.02.18

Daejeon City Launches 2025 Industrial Accident Prevention Plan: Daejeon, South Korea – Daejeon City has announced its 2025 Industrial Accident Prevention Plan, aiming to create a safer cit ...; HONG MOON HWA Senior Reporter 2025.02.18

Daejeon City Holds Meeting to Address Job Mismatch Issues: Daejeon, South Korea – On February 18th, Daejeon City held a meeting with representatives from local small and medium-sized ...; HONG MOON HWA Senior Reporter 2025.02.18

Household debt hits record high, but growth rate slows: Household debt in South Korea reached a record high at the end of last year, but the rate of increase slowed down. According to t ...; Global Economic Times Reporter 2025.02.18

Can Mental Weakness Be a Get-Out-of-Jail-Free Card?: The Case of the Daejeon Elementary School Attack Sparks Debate on Mental Impairment and Sentencing The recent tragic case of a te ...; Desk 2025.02.18

Daejeon Urban Development Corporation Recognized for Excellence in Public Data Provision for Third Consecutive Year: Daejeon, South Korea – Daejeon Urban Development Corporation (President Jung Guk-young) announced on February 18th that it h ...; HONG MOON HWA Senior Reporter 2025.02.18

Buyeo County Launches "Stay-Type Rest Areas" to Revitalize Rural Economy: Buyeo County, South Korea – Buyeo County, led by Governor Park Jung-hyun, has announced the implementation of "Stay-Type Res ...; HONG MOON HWA Senior Reporter 2025.02.18

Suwon Diocese Sends First 'Fidei Donum' Priest to Japan: Suwon, South Korea – The Suwon Diocese has sent its first 'Fidei Donum' priest to the Saitama Diocese in Japan. The Rev. Tho ...; Desk 2025.02.18