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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"Miracle Obesity Drug" Wegovy Sees Surging Pancreatitis Side Effects, Including Reported Deaths: Concerns about the safety of GLP-1 class obesity treatments, including Wegovy (semaglutide), often dubbed "miracle obesity drugs" ...; Hwang Sujin Reporter 2025.06.28

SpaceX Starship Crash, Mexico Environmental Pollution Controversy… Signs of Escalation into International Legal Dispute: On June 19 (local time), a large reusable rocket, Starship, led by Elon Musk's SpaceX, crashed during an engine test launch. Debri ...; Graciela Maria Reporter 2025.06.28

'July Japan Catastrophe' Rumor Strikes Japanese Tourism Industry... Even Prophet Author Denies 'July 5': The recent spread of the 'July Japan Catastrophe' rumor has led to a wave of cancellations from tourists in neighboring countries ...; Desk 2025.06.28

Seoul Cracks Down on Pigeon Feeding in Public Spaces: Seoul, South Korea – Beginning July 1, 2025, the act of feeding pigeons in prominent public areas across Seoul will become a ...; Hwang Sujin Reporter 2025.06.27

Six Americans Arrested on Ganghwa Island for Attempting to Send Aid Bottles to North Korea: Incheon, South Korea – Six American nationals were apprehended by South Korean police on Friday, June 27, 2025, in Incheon's ...; KO YONG-CHUL Reporter 2025.06.27

Korea Disease Control and Prevention Agency Warns of Sustained Rise in Hand-Foot-and-Mouth Disease Cases: SEOUL – The Korea Disease Control and Prevention Agency (KDCA) has recently issued a public health warning regarding a notab ...; Desk 2025.06.27

Memorial for Deceased North Korean Defectors to Be Erected in New Jersey, Honoring Sacrifices for Freedom: A "Memorial for Deceased North Korean Defectors" will be erected in New Jersey next month to honor over 10,000 North Korean defect ...; Hwang Sujin Reporter 2025.06.27

Korean Pedestrian Fatally Injured in Johns Creek Traffic Accident, Police Investigation Underway: A tragic accident occurred on Monday, June 23, in Johns Creek, Georgia, where a Korean pedestrian was struck by a vehicle and died ...; Hwang Sujin Reporter 2025.06.27

U.S. Electricity Bill Surge Puts Political Circles on 'High Alert'... Consumers Burdened Amid Divergent Responses in New York and Georgia: As the surge in electricity bills intensifies across the United States, state governments and political circles are on high alert. ...; Yim Kwangsoo Correspondent 2025.06.27

Rhode Island Leads Circular Economy by Institutionalizing Textile Waste Recycling and Public Education: The state of Rhode Island, USA, is gaining attention for passing groundbreaking legislation to address textile waste and transitio ...; Sharon Yoon Correspondent 2025.06.27

Vermont's Plastic Bag Ban: A Model for Successful Environmental Policy: Vermont's plastic bag ban, implemented in 2020, has achieved remarkable success, opening new horizons for environmental policy. Re ...; Eunsil Ju Reporter 2025.06.27

U.S. Federal Appeals Court Rules Louisiana's "Ten Commandments Mandatory Posting Law" Unconstitutional, Reaffirming Separation of Church and State: A U.S. federal appeals court has ruled as unconstitutional a Louisiana state law that mandated the posting of the Ten Commandments ...; Sharon Yoon Correspondent 2025.06.27

Operation "Dominatus" Dismantles "Extremely Dangerous" Gangs and Arrests Juvenile Recruiters in Chacarita: ASUNCIÓN, Paraguay – A large-scale police operation dubbed "Operativo Dominatus" successfully dismantled three powerf ...; Ana Fernanda Reporter 2025.06.27

Paraguayan Higher Education Council (Cones) Delays Degree Processing, Leaving Professionals "Stranded": Professionals, both domestic and international, are facing severe difficulties due to delays in the processing of degree recogniti ...; Desk 2025.06.27

First Encounter with Daejeon, the Birth of a Great City: Daejeon Mayor Lee Jang-woo held a press conference at City Hall on the 24th to explain the achievements and future tasks of the Da ...; HONG MOON HWA Senior Reporter 2025.06.25

Chungnam Province's Largest Fire Station 'Born': Chungnam Province's largest fire station, which will lead disaster response and realize a safe Chungnam, has opened its doors. Ch ...; HONG MOON HWA Senior Reporter 2025.06.25

Corporate Demonstrations Lead to Investment Attraction: Daejeon City held the '2025 First Half Demonstration Performance Exchange' on June 24th at Lotte Hotel Daejeon, with over 100 part ...; HONG MOON HWA Senior Reporter 2025.06.25

Biggest Jackpot in Philippine History: 28-Year-Old Factory Worker Wins 935 Million Pesos Through BingoPlus: MANILA, Philippines – A historic record was set in Philippine gaming history. A 28-year-old factory worker from Mandaluyong ...; Global Economic Times Reporter 2025.06.24

The Mystery of Taal Volcano Lake: 34 Missing Cockfighters, What's the Truth?: The disappearance of 34 cockfighters that shook the Philippines has taken a new turn. A shocking testimony claiming that these ind ...; Ana Fernanda Reporter 2025.06.24

Gyeongnam Province Intelligently Prevents Forest Fires with On-Device AI: Gyeongsangnam Province is establishing an innovative Artificial Intelligence (AI)-based forest fire response system to minimize fo ...; Hee Chan Kim Reporter 2025.06.24