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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Global Esports Federation Announces Key Leadership and 2026 Games Program: LOS ANGELES – The Global Esports Federation (GEF) has officially confirmed the program for the Los Angeles 2026 Global Espor ...; Global Economic Times Reporter 2025.09.04

Hawaii's Kilauea Volcano Erupts, Drawing Crowds to Witness Fiery Spectacle: HONOLULU, HAWAII — Eager crowds are flocking to Hawaii Volcanoes National Park, drawn by the mesmerizing spectacle of founta ...; Ana Fernanda Reporter 2025.09.04

South Korean Speaker Woos China's Xi on APEC Invitation Amid Regional Tensions: SEOUL – In a diplomatic move reflecting the delicate balance of power in Northeast Asia, South Korean National Assembly Spea ...; KO YONG-CHUL Reporter 2025.09.03

The National Electricity Administration (ANDE) Union Announces Escalation of Protests Against New 'Ministry of Mining and Energy': ASUNCION — The National Electricity Administration (ANDE) labor union, Sitrande, has announced it will intensify its protest ...; Hwang Sujin Reporter 2025.09.03

Catholic Doctors' Association Opposes In Vitro Fertilization Bill: The Catholic Doctors' Association of Paraguay has expressed strong opposition to the 'National Assisted Reproduction Program (Pron ...; Graciela Maria Reporter 2025.09.03

Transit Drivers' Strike Called Off, Government and Union Reach Tentative Agreement on 'Labor Rights Guarantee': Ahead of a major overhaul of the public transportation system, the government and bus drivers have reached a dramatic agreement on ...; Yim Kwangsoo Correspondent 2025.09.03

Political Ploy Using Children's Innocence Draws Sharp Rebuke from Acting Mayor of Ciudad del Este: Acting Mayor of Ciudad del Este, María Portillo, recently issued a strong criticism of politicians for using a Children's D ...; Desk 2025.09.03

Luccan Councilwoman Files Complaint Against President Santiago Peña for Alleged Violence Against Women: Belén Maldonado, a councilwoman for the municipality of Luque, Paraguay, has filed a criminal complaint with the Public Min ...; Yim Kwangsoo Correspondent 2025.09.03

Ministry of Education Confirms Cheating on Teacher Appointment Exams... Exams in 4 Regions Nullified: The Ministry of Education has officially confirmed that cheating was discovered in the recently held teacher appointment exams and ...; Yim Kwangsoo Correspondent 2025.09.03

Asunción Technical School, Classroom Ceiling Collapses…Parents Raise Safety Concerns: A portion of a classroom ceiling collapsed at the Carlos Antonio López Technical and Vocational School in Asunción, ...; Pedro Espinola Special Correspondent 2025.09.03

Asunción, a Step Towards New Urban Innovation: Historic District and Coastal Revitalization Projects Get Underway in Earnest: ASUNCIÓN, Paraguay – The Paraguayan capital of Asunción is officially moving forward with a large-scale projec ...; Graciela Maria Reporter 2025.09.03

Asunción's New Mayor Reverses Eviction Order for Itá Pytã Punta Residents: ASUNCIÓN – The newly appointed mayor of Asunción, Luis Bello, has announced the withdrawal of a forced evictio ...; Eugenio Rodolfo Sanabria Reporter 2025.09.03

South Korean Mayor Protests at White House, Urging U.S. to Lower Steel Tariffs: Washington, D.C. – In an urgent plea to the U.S. government, Pohang Mayor Lee Kang-deok staged a protest outside the White H ...; Yim Kwangsoo Correspondent 2025.09.02

American Dream Fades as Economic Pessimism Spreads, Poll Finds: A new poll reveals that a growing sense of economic pessimism is taking hold in the United States, with a majority of Americans ex ...; Hwang Sujin Reporter 2025.09.02

Bucheon City Receives 1,000 Children's Literature Books from Mok Il-sin Cultural Foundation: On the 1st, Bucheon City held a ‘Mok Il-sin Cultural Foundation Book Donation Ceremony’ at the reopening of Simgok Lib ...; Hwang Sujin Reporter 2025.09.02

Bucheon City Aids Sister City Gangneung in Overcoming Drought Damage with Bottled Water: Bucheon City announced on the 2nd that it delivered relief supplies to its sister city, Gangneung, which suffered significant dama ...; Hwang Sujin Reporter 2025.09.02

Bucheon SimGok Library Reopens... Newly Renovated for 40th Anniversary Customized Spaces Including Youth and Children's Areas Transform it into a Multi-Purpose Cultural Hub: Bucheon City held a reopening ceremony for the SimGok Library on September 1st, unveiling the newly renovated library. The SimGok ...; KO YONG-CHUL Reporter 2025.09.02

Bucheon City Receives Minister of the Interior and Safety Award for 'Urban Redevelopment Integrated Information Service': Bucheon City received the Minister of the Interior and Safety Award for its "Where Is Our Neighborhood Now? Urban Redevelopment In ...; KO YONG-CHUL Reporter 2025.09.02