Global Economic Times

2026.07.22 (Wed)
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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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From Five-Star Luxury to Priceless Warmth: British YouTuber Finds the 'World's Cheapest' Hotel in Pakistan Superior: (C) GNT TV PESHAWAR, Pakistan — A British travel YouTuber has sparked an online sensation by championing a humble, budget ...; Shin Yeju 2025.11.07

South Korea Tightens 'Decaf' Labeling Rules Amid Consumer Sleeplessness: SEOUL—South Korea's Ministry of Food and Drug Safety (MFDS) is moving to enact stricter standards for 'decaffeinated' coffee ...; Hwang Sujin Reporter 2025.11.07

Mother Suspected of Trafficking 12-Year-Old Daughter for Sexual Exploitation in Japan: (C) asahi.com Tokyo, Japan – Japanese authorities are currently investigating a shocking case of suspected human traffick ...; Graciela Maria Reporter 2025.11.07

Good Neighbors Hosts 3rd International Development Cooperation Forum: Focusing on Localization and Community-Led Development: SEOUL — Good Neighbors, a global NGO specializing in children's rights, announced today the upcoming "3rd Good Neighbors Int ...; Global Economic Times Reporter 2025.11.06

Submerged Living: UK Firm Unveils 'Vanguard' Underwater Habitat: MIAMI, FL — A new era of deep-sea exploration is dawning with the unveiling of Vanguard, a revolutionary subsea human habit ...; Shin Yeju 2025.11.05

Common Diabetes Drug Shows 'Surprising Results' in Halting Parkinson's Progression: A widely used diabetes medication may offer a novel avenue for inhibiting the onset and progression of Parkinson's disease, accord ...; Hwang Sujin Reporter 2025.11.05

Fatal Drunk Driving Incident Sparks International Concern: Seoul Accident Highlights South Korea's Severity Problem: (C) Grok Image A tragic drunk driving incident in the heart of Seoul has drawn sharp criticism from Japanese media, highlightin ...; KO YONG-CHUL Reporter 2025.11.04

Seoul ₩80,000, Busan ₩600,000: 466 Individuals Sent to Prosecution for Illegal Taxi Operations at Incheon Airport: (C) Incheon Metropolitan Police Agency INCHEON, South Korea – Police have apprehended organized groups operating illegal ta ...; KO YONG-CHUL Reporter 2025.11.03

Influencer Breaks Silence: 200,000-Subscriber Mukbang YouTuber Alleges Sexual Assault by Taxi Driver: 200,000-Subscriber Mukbang YouTuber Alleges Sexual Assault by Taxi Driver (C) Pixabay SEOUL — A prominent South Korean m ...; Desk 2025.11.03

Weekly Cheese Consumption Linked to Reduced Dementia Risk in Older Adults: Weekly Cheese Consumption Linked to Reduced Dementia Risk in Older Adults (C) Pixabay A recent longitudinal cohort study from ...; Global Economic Times Reporter 2025.11.03

E-Mart Launches 'Suneung Daebak Prayer' Sale to Boost Student Morale: SEOUL — E-Mart, a leading South Korean retailer (KRX: 139480), has announced a major promotional event to support students p ...; Hwang Sujin Reporter 2025.11.02

Tech Titans Forge 'Kkanbu' Alliance Over Korean Chimaek: SEOUL, South Korea — In an unexpected display of corporate camaraderie and strategic alignment, Jensen Huang, CEO of Nvidia, ...; KO YONG-CHUL Reporter 2025.10.31

South Korea-Japan Leaders Pledge to Strengthen ‘Future-Oriented Cooperation’: Summary President Lee and PM Takaichi Hold First Summit in Gyeongju… United on Developing Shuttle Diplomacy Takaichi Emphas ...; Global Economic Times Reporter 2025.10.31

White House Spokesperson's K-Beauty Haul Goes Viral After Visit to Gyeongju: SEOUL/GYEONGJU, South Korea — Caroline Leavitt, the youngest White House spokesperson, has added a touch of personal flair t ...; Hee Chan Kim Reporter 2025.10.30

South Korea's Business Leaders to Meet Xi Jinping: Strengthening Supply Chains in Key Future Industries: SEOUL/GYEONGJU, South Korea – South Korea’s most influential business magnates are set to hold a high-stakes meeting w ...; Hwang Sujin Reporter 2025.10.30

U.S. Defense Giant Lockheed Martin Arms Sea Drones with Missiles, Tomahawk Integration Planned: WASHINGTON D.C. — Global defense giant Lockheed Martin announced a strategic investment of $50 million in leading sea drone ...; Hannah Yeh Reporter 2025.10.30

Nationwide Celebrations for Hanwoo Day: The 'Korean Beef Eating Day' Event: SEOUL, South Korea—The National Hanwoo Association has announced large-scale nationwide events to celebrate 'Hanwoo Day' (Ko ...; Hee Chan Kim Reporter 2025.10.29

KDI School Ranks Third in Global Korea Scholarship Evaluation: The KDI School of Public Policy and Management (KDI School) announced it achieved the 3rd highest ranking among 88 universities na ...; Global Economic Times Reporter 2025.10.29

Striking Banners Greet APEC CEOs at Pohang-Gyeongju Airport: POHANG-GYEONGJU, North Gyeongsang Province — As global CEOs began arriving for the Asia-Pacific Economic Cooperation (APEC) ...; Shin Yeju 2025.10.29

South Korean President Lee Jae-myung: 'K-Democracy' Proves Power of Solidarity, Echoes 'Honmoon' in K-Pop Film: Gyeongju — South Korean President Lee Jae-myung emphasized the power of solidarity and cooperation as the key to navigating ...; KO YONG-CHUL Reporter 2025.10.29