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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2025 Nobel Prize in Literature Predictions: Top Contenders in a Fierce Betting Race: The annual tradition returns as the Swedish Academy prepares to announce the Nobel Prize in Literature winner this Thursday. The w ...; Hwang Sujin Reporter 2025.10.09

A Chemical Revolution, the Era of Metal-Organic Frameworks (MOFs) Begins: 2025 Nobel Prize in Chemistry: The 2025 Nobel Prize in Chemistry was awarded to three scientists: Susumu Kitagawa (Japan), Richard Robson (United Kingdom), and O ...; Hwang Sujin Reporter 2025.10.09

The Gender Bias Online: Women Depicted as Young, Men as Highly Qualified: In the age of Artificial Intelligence (AI), a study analyzing 1.4 million visual resources and language models reveals the pervasi ...; Graciela Maria Reporter 2025.10.09

900 Rescued After Being Stranded for Four Days in Everest's Karma Valley Trekking Route: Nearly 900 people who were isolated in the Karma Valley near the eastern slope of Mount Everest in the Tibet Autonomous Region of ...; Pedro Espinola Special Correspondent 2025.10.09

Taiwanese Climber Dies in Snowstorm on China's Qinghai Province: Incident During Gansu-Qinghai Laohugou Trek Over Chinese National Day Holiday... Over 250 People Rescued: An accident occurred during China's National Day and Mid-Autumn Festival holidays on October 7, in the Laohugou (老虎溝) region of Qi ...; KO YONG-CHUL Reporter 2025.10.09

DPRK-Vietnam Reaffirm 'Traditional Friendship' on 75th Anniversary of Diplomatic Ties: General Secretary Kim Jong Un Welcomes General Secretary To Lam... Seeking New Development in Bilateral Relations: On October 9, 2025, a grand welcoming ceremony was hosted in Pyongyang, Democratic People's Republic of Korea (DPRK), by Kim Jong ...; Ana Fernanda Reporter 2025.10.09

Chile: Progress in Gender Equality and Social Inclusion Amidst Shadows: Women's Economic Empowerment and Inequality Reduction as Core Challenges: SANTIAGO — A new study reveals that while Chile has achieved remarkable success in the field of Gender Equality, Disability, ...; ONLINE TEAM 2025.10.08

International Non-Judicial Body Puts the Brakes on Multinational Corporations Evading Environmental and Human Rights Responsibility: THE HAGUE/LIMA — The non-judicial dispute resolution mechanism of the Organisation for Economic Co-operation and Development ...; Yim Kwangsoo Correspondent 2025.10.08

Uruguay Deep Sea: 30 Potential New Species Discovered! 'Uruguay Sub200' Expedition Results Revealed: MONTEVIDEO— The veil over the deep South Atlantic has been lifted, marking a monumental milestone for Uruguayan marine scien ...; Global Economic Times Reporter 2025.10.08

Controversy over Duck Hunting in Uruguay: Ethical and Conservation Issues Amidst a Legal Vacuum: The government has missed the deadline for deciding on an extension of the hunting ban, raising concerns that the activity will co ...; Eugenio Rodolfo Sanabria Reporter 2025.10.08

Ditch These Six Household Items Now, Harvard Physician Warns: A Harvard-trained specialist is sounding the alarm on six seemingly innocuous items commonly found in homes, urging the public to ...; Hwang Sujin Reporter 2025.10.07

The U-Turn in Divorce: South Korea Sees a Surge in 'Twilight Divorces' Amid Overall Decline: SEOUL—While the overall divorce rate in South Korea has trended downward, a striking counter-development has emerged: a sign ...; Global Economic Times Reporter 2025.10.06

Asia Grapples with Premature Influenza Surge: Japan and Taiwan Enter Epidemic Phase Early: TOKYO/TAIPEI—Influenza is surging across East Asia, hitting popular tourist destinations Japan and Taiwan well ahead of the ...; KO YONG-CHUL Reporter 2025.10.06

Typhoon Matmo Slams Southern China, Forces Mass Evacuations: BEIJING—Typhoon Matmo, the 21st named storm of the season, made a powerful dual-landfall on the southern coast of China this ...; Global Economic Times Reporter 2025.10.06

A Pill Too Many: South Korea Grapples with Soaring Polypharmacy Risks: SEOUL – As South Korea accelerates into a super-aged society, a silent and dangerous health crisis is escalating: polypharma ...; Hwang Sujin Reporter 2025.10.06

Korean 'Steel City' Pohang on Brink of Collapse Amid US Tariffs, Mayor Stages Rare DC Protest: WASHINGTON, D.C. – The industrial heartland of South Korea, Pohang, a city often likened to America’s Pittsburgh for i ...; KO YONG-CHUL Reporter 2025.10.05

OpenAI's $500 Billion Valuation Ignites 'AI Bubble' Debate on Wall Street: NEW YORK—The soaring valuation of OpenAI, the company behind ChatGPT, to a staggering $500 billion—approximately 700 t ...; Pedro Espinola Special Correspondent 2025.10.05

Samcheok Hosts Second Annual Career Fair: Students Grasp Their Future: SAMCHEOK, Gangwon Province—Samcheok City and the EDUPIA Samcheok Education Development Project Group announced on October 4, ...; HONG MOON HWA Senior Reporter 2025.10.05

Jindo Restaurant's 'Unify Orders' Demand Sparks Backlash, Prompting Apology: Jindo, South Jeolla Province—A restaurant in Jindo has ignited a fierce online controversy following a viral YouTube video t ...; KO YONG-CHUL Reporter 2025.10.05

Former Midas Partners CEO Gets 16 Years for $260 Million Pyramid Scheme: SEOUL— The former CEO of a financial firm, Midas Partners, has been handed a final sentence of 16 years in prison for master ...; Hwang Sujin Reporter 2025.10.05