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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Finnish Joint Application for Higher Education Now Open: Helsinki, Finland – The first joint application period for Finnish universities and universities of applied sciences (Polyte ...; Ana Fernanda Reporter 2025.01.23

The Banana-Milk Myth: Is It True?: The combination of bananas and milk has long been a popular breakfast choice or a post-workout snack. However, there's an ongoing ...; Hwang Sujin Reporter 2025.01.23

Pet Ownership Costs Rise in South Korea: Seoul, South Korea – The average monthly cost of owning a pet in South Korea has risen to 175,000 won ($130), according to a ...; Global Economic Times Reporter 2025.01.23

Hometown Love Donations Surge in South Korea: Seoul, South Korea – The Hometown Love Donation Campaign, a South Korean government initiative aimed at revitalizing regiona ...; Hwang Sujin Reporter 2025.01.23

Foreign Workers, Broker Orchestrate Elaborate Fraud Scheme to Extend Stay in Korea: A broker and 13 foreign workers have been arrested for their involvement in a sophisticated scheme to defraud the Korean governmen ...; Desk 2025.01.23

Harmful Substances Found in Overseas-Purchased Food Products Targeting Sleep and Mood Disorders: Seoul, South Korea – The Ministry of Food and Drug Safety announced today that a recent inspection of 50 overseas-purchased ...; Global Economic Times Reporter 2025.01.23

Mickey and Minnie Mouse Don Traditional Korean Hanbok for Limited Edition Tmoney Card: Seoul, South Korea – Tmoney, a major transportation card provider in South Korea, has announced the release of a limited edi ...; Hwang Sujin Reporter 2025.01.22

Incheon Airport Customs Intensifies Enforcement Ahead of Lunar New Year: Incheon, South Korea – Incheon International Airport Customs has announced a two-week campaign to crack down on undeclared g ...; KO YONG-CHUL Reporter 2025.01.22

56 Out of 58 Detained After Seoul Western District Court Riot: Seoul, South Korea – A Seoul court has ordered the detention of 56 individuals involved in a violent protest outside the Seo ...; KO YONG-CHUL Reporter 2025.01.22

El Salvador Secures Three-Year Deal with ISA to Host Major Surfing Events: Surf City, El Salvador – El Salvador has solidified its position as a world-class surfing destination with a new strategic p ...; Ana Fernanda Reporter 2025.01.22

Couples Struggle to Offload Wedding Banquets as Hotels Enforce Steep Cancellation Fees: Singapore - The rise of online forums like Singapore Brides has transformed into a bustling marketplace for couples seeking to off ...; Desk 2025.01.22

Bakersfield: California's Hidden Gem: Bakersfield, CA - Often overshadowed by its more glamorous coastal neighbors, Bakersfield, California, offers a unique blend of ru ...; Global Economic Times Reporter 2025.01.21

Tax Agency Tightens Rules on Housing Loan Deductions: Seoul, South Korea – The National Tax Service (NTS) has announced new regulations for housing loan deductions, effective for ...; Global Economic Times Reporter 2025.01.20

Rare Celestial Alignment to Be Visible in South Korea: Gwacheon, South Korea – Astronomy enthusiasts in South Korea are gearing up for a rare celestial event. The National Science ...; KO YONG-CHUL Reporter 2025.01.18

Daejeon City Breaks Ground on Bomunsan Forest Recreation Area: Daejeon, South Korea – Daejeon City has officially begun the construction of the Bomunsan Forest Recreation Area, a major pr ...; HONG MOON HWA Senior Reporter 2025.01.17

512 New Security Personnel Graduate in Panama: Panama City, Panama - A total of 512 new officers from the National Aeronaval System (SENAN), National Border Service (Senafront), ...; Eugenio Rodolfo Sanabria Reporter 2025.01.17

Taiwan Executes Death Row Inmate Amidst Controversy: Taipei - The Taiwanese Ministry of Justice carried out the execution of a death row inmate yesterday evening, sparking immediate c ...; Desk 2025.01.17

Ben Tre Completes Major Marine Economy Projects in Ba Tri District: BEN TRE - The Mekong Delta province of Ben Tre has successfully completed six key marine economy projects in Ba Tri District, repr ...; Desk 2025.01.17

Ha Noi Starts Switching to Electric Buses: The Ha Noi Transport Corporation (Transerco) began replacing diesel-powered buses with electric vehicles on three routes on Friday ...; Desk 2025.01.17

Grand Pioneers Cruise Named "Best Luxury New Cruise Line in Vietnam": Hạ Long Bay, Vietnam – Grand Pioneers Cruise, a leading sustainable luxury cruise line in Vietnam, has been awarded "Best Lu ...; Desk 2025.01.17