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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Korean Air C&D Named Quality Excellence Award Winner: Seoul, South Korea – Korean Air C&D, a leading provider of in-flight services, has been selected as the first-ever recip ...; ONLINE TEAM 2024.12.07

Prohibited Items: A Guide to Safe International Moving: Planning an international move involves a meticulous checklist, and understanding prohibited items is a crucial aspect often overl ...; Graciela Maria Reporter 2024.12.07

NEOM's Topian Unveils High-Tech Greenhouse in Oxagon: RIYADH – Topian, NEOM’s food company, has unveiled its first high-tech greenhouse in Oxagon, the industrial hub situat ...; Global Economic Times Reporter 2024.12.07

Massachusetts Tops the List of States with the Worst Drivers: A new study by LendingTree has revealed that Massachusetts has the dubious distinction of being the state with the worst drivers i ...; Sharon Yoon Correspondent 2024.12.07

California's Rental Market: A Tale of Two Extremes: California's housing crisis continues to impact renters. While the Golden State offers unparalleled opportunities, its high cost o ...; Sharon Yoon Correspondent 2024.12.07

South Korea's Job Market Stagnates, Youth Unemployment Rises: Seoul, South Korea – South Korea's job market experienced a significant slowdown in 2023, with the number of jobs created hi ...; Hwang Sujin Reporter 2024.12.06

Fitch Warns of Potential Credit Downgrade Amid South Korea's Political Turmoil: Seoul, South Korea – Fitch Ratings has issued a warning that South Korea’s credit rating could face downward pressure ...; Global Economic Times Reporter 2024.12.06

Tattoo Art Takes Center Stage: Lienzo Vivo Event in Havana: Havana, Cuba – The Lienzo Vivo project, a celebration of tattoo art and its cultural significance, recently hosted a captiva ...; Graciela Maria Reporter 2024.12.05

Portugal Reaches EV Milestone: 100,000 Electric Vehicles on the Road: LISBON, Portugal – Portugal has achieved a significant milestone in its transition to electric mobility, surpassing the 100, ...; KO YONG-CHUL Reporter 2024.12.05

Malaysia Faces Food Security Challenges, Seeks Solutions in 13th Malaysia Plan: Malaysia's food security is under strain, with the country relying on imports for 60% of its food supply. This dependence, coupled ...; Ana Fernanda Reporter 2024.12.05

Teleport Eyes Public Listing After Sustained Growth: Kuala Lumpur, Malaysia – Teleport, the logistics arm of Capital A Bhd, is aiming for sustained double-digit growth next year ...; Eugenio Rodolfo Sanabria Reporter 2024.12.05

KT Launches 'Safe QR Service' to Combat Growing QR Code Phishing: Seoul, South Korea – KT Corp., a major telecommunications company in South Korea, has introduced a new service called "Safe ...; Desk 2024.12.05

Boehringer Invests in Lunar Exploration with Intuitive Machines: Seoul, South Korea – Boehringer, a leading pharmaceutical company, has announced a strategic investment of $10 million in In ...; Global Economic Times Reporter 2024.12.05

CJ ONstyle Halts Broadcasting on Several Cable Channels Amid Fee Dispute: Seoul, South Korea – CJ ONstyle, a major South Korean home shopping network, has abruptly halted its broadcasts on several c ...; ONLINE TEAM 2024.12.05

Over 90% of Old Apartment Playgrounds in Seoul and Gyeonggi-do Found Unsafe: Seoul, South Korea – A recent survey conducted by the Korea Consumer Agency has revealed a concerning state of safety in pla ...; Hwang Sujin Reporter 2024.12.05

Korean Football Fields Under Scrutiny Amidst Grass Quality Concerns: Seoul, South Korea – The state of football fields in South Korea has come under intense scrutiny following widespread compla ...; ONLINE TEAM 2024.12.04

Korean Fermented Food Culture Inscribed on UNESCO Intangible Cultural Heritage List: Asunción, Paraguay – Korea's traditional practice of making soybean paste (doenjang) and soy sauce (ganjang) through ...; LEE YEON SIL Reporter 2024.12.04

Paraguay Fights to Save the Jaguar: Asunción, Paraguay – November 29th marked International Jaguar Day, shining a spotlight on the plight of the largest ...; Desk 2024.12.03

Apple Cultivation Shifts Northward in South Korea Due to Climate Change Gangwon Province sees a surge in apple orchards as traditional growing regions face challenges.: SEOUL, South Korea – Climate change is reshaping South Korea’s agricultural landscape, with apple cultivation experien ...; Desk 2024.12.03

Seoul's Housing Gap Widens to Record Highs: Seoul, South Korea – The gap between the prices of the top 20% and the bottom 20% of Seoul apartments has reached an all-tim ...; Hwang Sujin Reporter 2024.12.03