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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Incheon's Historic Mayor's Residence Designated as Cultural Heritage: Incheon, South Korea – The city of Incheon has announced the designation of the former Incheon mayor’s residence as a ...; Hwang Sujin Reporter 2024.12.17

South Korean Media Calls for Transparency in AI Training Data: Seoul, South Korea – A coalition of five prominent South Korean media organizations has called for stricter regulations on g ...; KO YONG-CHUL Reporter 2024.12.17

New Eco-Friendly Mailbox Unveiled in South Korea: Seoul, South Korea – South Korea's postal service has introduced a new type of mailbox designed to be more environmentally f ...; KO YONG-CHUL Reporter 2024.12.17

Four Flights Diverted Due to Severe Weather in Ternate: Ternate, Maluku Utara - Four commercial flights bound for Sultan Babullah Airport in Ternate, Maluku Utara, were forced to divert ...; Sharon Yoon Correspondent 2024.12.16

Early Season Snowfall in the Pacific Northwest: A La Niña Watch and a Dash of Variability: While the official declaration of a La Niña event is still pending, the Pacific Northwest (PNW) has already experienced a r ...; Hannah Yeh Reporter 2024.12.16

Asan City 4-H Federation Shines at Provincial Awards: Asan City, South Korea – The Asan City 4-H Federation has brought home top honors at the 44th Chungcheongnam-do 4-H Awards, ...; HONG MOON HWA Senior Reporter 2024.12.16

Chungnam to Open State-of-the-Art E-sports Stadium in 2026: Asan, Chungnam Province, South Korea – Chungnam Province, under the leadership of Governor Kim Tae-heum, is set to open a wo ...; HONG MOON HWA Senior Reporter 2024.12.16

Daejeon City Imposes Vehicle Restrictions on Sikjangsan Mountain for Winter Safety: Daejeon, South Korea – The Dong district of Daejeon has announced a temporary ban on vehicle access to Sikjangsan Mountain, ...; HONG MOON HWA Senior Reporter 2024.12.16

Hannam University Launches First-of-Its-Kind Campus Innovation Park: Daejeon, South Korea – Hannam University marked a significant milestone in the region's innovation ecosystem with the grand ...; HONG MOON HWA Senior Reporter 2024.12.16

Daejeon University of Science and Technology Successfully Completes Winter Sports Specialized Training: Daejeon, South Korea – Daejeon University of Science and Technology’s Department of Sports Health Management announced ...; HONG MOON HWA Senior Reporter 2024.12.16

Daejeon City Allocates Record Budget for Education: Daejeon, South Korea – Daejeon City has approved a record-breaking budget for education in 2025, signaling a significant com ...; HONG MOON HWA Senior Reporter 2024.12.16

Daejeon Dong-gu District Invites Residents to Shape the Future: Daejeon, South Korea – In a move to strengthen community engagement, Daejeon Dong-gu District is inviting residents to parti ...; HONG MOON HWA Senior Reporter 2024.12.16

Cheonan's Strategic Industries Face Tough Times: Cheonan, South Korea – Cheonan's 8 strategic industries, including semiconductor, display, and automotive, have reported a s ...; HONG MOON HWA Senior Reporter 2024.12.16

Chungnam Province’s Display Cluster Recognized for Excellence: Cheonan, South Korea – Chungnam Province has announced that its Cheonan-Asan display small and medium enterprise (SME) mater ...; HONG MOON HWA Senior Reporter 2024.12.16

Cheonan Students Propose Innovative Policies for a Brighter Future: Cheonan, South Korea – A group of enthusiastic students from Cheonan has presented a comprehensive list of policy proposals ...; HONG MOON HWA Senior Reporter 2024.12.16

Cheonan City Honors Winners of King Wang Geon Storytelling Contest: Cheonan, South Korea – Cheonan City held an award ceremony on the 14th to honor the winners of the nationwide King Wang Geon ...; HONG MOON HWA Senior Reporter 2024.12.16

Cheonan Cultural City Festa: A Celebration of Youth and Creativity: Cheonan, South Korea – The 2024 Cheonan Cultural City Festa, themed "Thank you, Cheonan!" was held at Dankook University Gym ...; HONG MOON HWA Senior Reporter 2024.12.16

Incheon to Honor Heroes with Three New Honorary Roads: Incheon, South Korea – Incheon Metropolitan City announced on Wednesday that it will designate three new honorary road names ...; KO YONG-CHUL Reporter 2024.12.16

Lotte Chilsung Beverage Completes 5th Data Analytics Academy: Seoul, South Korea – Lotte Chilsung Beverage announced on December 13th the successful completion of its 5th Data Analytics ...; Desk 2024.12.16

The Horn of Africa: A Region in Crisis: The Horn of Africa, a region historically plagued by conflict and instability, is facing a multifaceted crisis that has been exace ...; ONLINE TEAM 2024.12.15