Global Economic Times

2026.07.23 (Thu)
All articles

LOGIN
JOIN

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

Synthesis

Search: 3,740

Gwangju and Jeonnam Bathed in Heavy Snowfall, Leading to Numerous Disruptions: Gwangju, South Korea – A severe winter storm has blanketed Gwangju and Jeonnam provinces in South Korea, causing widespread ...; KO YONG-CHUL Reporter 2025.01.08

Daejeon City Powers Up Startup Global Expansion: DAEJEON, South Korea – Daejeon City is making significant strides in supporting local startups to expand their reach into th ...; HONG MOON HWA Senior Reporter 2025.01.08

Chungnam Province Sets Ambitious Growth Target for 2024: Cheonan, South Korea – Chungnam Province has announced a bold target of achieving a 3% growth in its Gross Regional Domestic ...; HONG MOON HWA Senior Reporter 2025.01.08

A Hidden Gem: French Priest's Mural Discovered in South Korea: Andong, South Korea – A remarkable discovery has been made in the city of Andong, South Korea. A mural painted by French Ben ...; Desk 2025.01.08

Pope Francis Makes History: First Woman Appointed as Prefect: Vatican City – In a historic move, Pope Francis has appointed Sister Simona Brambilla, an Italian member of the Congregation ...; Graciela Maria Reporter 2025.01.08

Pyeongtaek University Sees Surge in Applications, Ranks 6th Nationally: Pyeongtaek, South Korea – Pyeongtaek University has announced that it has achieved a remarkable feat in its 2025 admissions, ...; Desk 2025.01.08

Verismo Therapeutics Secures Strategic Investment from IFLI for Lymphoma Treatment: Verismo Therapeutics, a subsidiary of HLB Innovation, announced today that it has received a strategic investment of up to $4.05 m ...; Desk 2025.01.08

KEXIM Successfully Issues $3 Billion Global Bond Amidst Political Uncertainty: Seoul, South Korea – The Export-Import Bank of Korea (KEXIM) announced today that it has successfully issued a $3 billion gl ...; ONLINE TEAM 2025.01.08

Surge in LNG Carrier Decommissioning to Boost New Ship Orders: The decommissioning of aging liquefied natural gas (LNG) carriers has significantly accelerated, with a record eight vessels scrap ...; Desk 2025.01.08

The Ministry of Culture, Sports, and Tourism (MCST) is leading a joint on-site inspection to ensure the successful hosting of the 2025 Asia-Pacific Economic Cooperation (APEC) Summit.: On January 7th and 8th, Minister Yoo In-chon of the MCST, along with officials from the APEC Preparatory Planning Team (Ministry o ...; KO YONG-CHUL Reporter 2025.01.07

US Corporate Bankruptcies Hit 15-Year High as Economy Struggles: New York, NY – A perfect storm of high-interest rates and waning consumer demand has pushed US corporate bankruptcies to the ...; Hannah Yeh Reporter 2025.01.07

Toyota Korea Honored for Supporting Underprivileged Youth Through Music: Seoul, South Korea – Toyota Korea has been recognized for its outstanding contributions to the community by being selected a ...; ONLINE TEAM 2025.01.07

Two South Korean Military Officers Jailed for Hazing Death: Chuncheon, South Korea – A South Korean court on Wednesday sentenced two military officers to prison for their roles in the ...; JEONG CHAN MYEONG Senior Reporter 2025.01.07

Bereaved Families Begin Retrieving Vehicles After Muan Airport Tragedy: Muan, South Korea – As the nation continues to mourn the victims of the devastating plane crash at Muan International Airpor ...; Desk 2025.01.07

South Korean Football Association Election Delayed Amid Legal Challenge: SEOUL, South Korea – The presidential election of the South Korean Football Association has been put on hold after a Seoul c ...; KO YONG-CHUL Reporter 2025.01.07

Bird Strike Confirmed as Cause of Jeju Air Crash: MuAn, South Korea – The South Korean Ministry of Land, Infrastructure and Transport has officially confirmed that a bird str ...; Global Economic Times Reporter 2025.01.07

Incheon Chamber of Commerce Offers Comprehensive IP Support for SMEs: Incheon, South Korea – The Incheon Intellectual Property Center (IIPC) is inviting applications from local small and medium- ...; KO YONG-CHUL Reporter 2025.01.06

Jeju's Elevator Boom Raises Safety Concerns: The construction boom on Jeju Island, fueled by a surge in residents over the past decade, has led to a dramatic increase in the n ...; Global Economic Times Reporter 2025.01.06

Telecom Giants Step Up to Aid Jeju Air Crash Victims: Seoul, South Korea – South Korea's major telecommunications companies, SK Telecom, KT, and LG U+, are expanding their suppor ...; Global Economic Times Reporter 2025.01.06

Deepfakes: From Technological Novelty to Serious Crime: Seoul, South Korea – Deepfake technology, once seen as a harmless digital novelty, has rapidly evolved into a potent tool fo ...; KO YONG-CHUL Reporter 2025.01.06