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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Paraguay's Barrio Obrero Hospital: Delayed Construction Worsens Healthcare System Crisis: Construction to renovate the neonatal and delivery rooms at the Barrio Obrero General Hospital in Asunción, Paraguay, which ...; Greace Nunez Correspondent 2025.07.04

Declining Birth Rates: An Individual Choice or a Societal Burden?: On July 3, 2025, a discussion titled "Having a Child Today: What Sociodemographic Trends Tell Us," hosted by the United Nations Po ...; Eugenio Rodolfo Sanabria Reporter 2025.07.04

The 10th Study Day of the Latin American and Caribbean Catechetical Society (Scala) to be held in Paraguay.: The 10th Study Day of the Latin American and Caribbean Catechetical Society (Scala) will be held for the first time in Paraguay fr ...; Desk 2025.07.04

Seoul National University College of Engineering – NTNU Sign MOU for Research Collaboration in Floating Infrastructure: The Seoul National University College of Engineering (hereinafter "SNU College of Engineering") announced that it signed a Memoran ...; KO YONG-CHUL Reporter 2025.07.03

Geumsan Ginseng Industry Seeks Sustainable Future, Strengthens Public-Private Cooperation: Geumsan County is exploring changes for the sustainable development of its ginseng industry, actively accepting opinions presented ...; HONG MOON HWA Senior Reporter 2025.07.03

Recruitment for the 105th Samcheok Citizen Academy: "How Do I Find Answers in Life?": Samcheok City announced that it is recruiting participants for the 105th Samcheok Citizen Academy, which will be held on Monday, J ...; HONG MOON HWA Senior Reporter 2025.07.03

Independence Hall, Overseas Koreans Dokdo Family Camp ‘Do you know Korea and Dokdo?’ Successfully Concludes: Independence Hall (Director Kim Hyung-seok) successfully concluded the first session of the ‘Do you know Korea and Dokdo?&rs ...; HONG MOON HWA Senior Reporter 2025.07.03

Ryu Hyun-jin, Oh Sang-uk, Kkumcci Family Come Forward as Daejeon's Representative Faces: Daejeon City is accelerating its efforts to become a "Sports Special City." On the 1st, the city signed a "Ryu Hyun-jin, Oh Sang- ...; HONG MOON HWA Senior Reporter 2025.07.03

Daehong 2-ri, Cheonan, Awarded Honorable Mention at Chungcheongnam-do Happy Rural Village Contest: Cheonan City announced on the 2nd that Daehong 2-ri in Seonghwan-eup received an Honorable Mention in the Village Development cate ...; HONG MOON HWA Senior Reporter 2025.07.03

Opening the Future of Climate Tech with AI, Found in Cheonan Startups: The city of Cheonan announced on the 2nd that the '2025 Greentech Startup Forum', held at the Green Startup Town, successfully con ...; HONG MOON HWA Senior Reporter 2025.07.03

Cheonan Station, a Long-Cherished Wish of Cheonan Citizens, Breaks Ground After 22 Years... Ceremony to Be Held on the 22nd: The groundbreaking ceremony for Cheonan Station, which has been operating as a temporary station since 2003, will be held after 22 ...; Hwang Sujin Reporter 2025.07.03

World Share Gifts Hope, Providing New Homes for 10 Fire-Affected Households in the Philippines: Davao, Mindanao Island, Philippines - World Share, an international relief and development NGO, has ignited a flame of hope in the ...; Global Economic Times Reporter 2025.07.03

Horticom: A Korea-Paraguay Cooperation Project Leading Horticultural Innovation in Paraguay: The Ministry of Agriculture and Livestock (MAG) of Paraguay and the Korea International Cooperation Agency (KOICA) have joined for ...; Graciela Maria Reporter 2025.07.02

Sinadi Recommends Flexibility and Alternative Assignments for Sick Students in Educational Institutions: The National Association of School Principals (Sinadi) emphasized that educational institution heads should show leniency regardin ...; Eugenio Rodolfo Sanabria Reporter 2025.07.02

Healthier Eating Habits Crucial for Combating Chronic Diseases in South Korea, New Report Finds: SEOUL, South Korea – A recent report from the Ministry of Food and Drug Safety (MFDS) highlights a significant correlation b ...; Hwang Sujin Reporter 2025.07.02

The Dos and Don'ts of Kitchen Foils: Why Marinated Meats and Microwaves Don't Mix with Aluminum: Seoul, South Korea – While convenient kitchen staples, aluminum and parchment foils each come with specific guidelines for s ...; Hwang Sujin Reporter 2025.07.02

Court Orders Full Compensation, Damages in Dog Attack Lawsuit: GWANGJU, South Korea – A local court has ruled in favor of a plaintiff whose companion dog was severely injured in an unprov ...; Hwang Sujin Reporter 2025.07.02

Hongseong-gun Opens Nation's First Comprehensive Treatment Center for Developmentally Delayed Children: Hongseong-gun, Chungcheongnam Province, announced on July 2nd the official launch of the "Hongseong Dream Nurturing Center," a ded ...; HONG MOON HWA Senior Reporter 2025.07.02

Sweeter Than Sweat: The Second Annual Chuncheon Potato Festival Concludes Successfully: CHUNCHEON, Gangwon Province – The scorching summer heat was no match for the vibrant enthusiasm of over 1,000 participants a ...; Kim Sungmoon Reporter 2025.07.02

North Korea Reportedly Deploys Russian-Supplied Pantsir-S1 Air Defense System in Pyongyang: PYONGYANG, North Korea – North Korea has reportedly deployed the Russian-made Pantsir-S1 mobile air defense system in its ca ...; Desk 2025.07.02