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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IPS Approves Nearly 2,000 Flu-Related Sick Leaves in First Half of June: Respiratory Illnesses Surge, Overwhelming Leave Applications: Paraguay's Social Security Institute (IPS) has approved nearly 2,000 flu-related sick leave applications in just the first half of ...; Eugenio Rodolfo Sanabria Reporter 2025.06.18

The Municipality of Asunción Issues Strong Warning Against Unauthorized Tree Pruning and Announces Free Training: The Municipality of Asunción is emphasizing the importance of protecting roadside trees and has issued a strong warning aga ...; Desk 2025.06.18

The Sad Reality: Urban Trees at Risk Due to ANDE's Poor Pruning: The indiscriminate pruning practices of the Paraguayan Electricity Administration (ANDE) are causing irreversible damage to countl ...; Ana Fernanda Reporter 2025.06.18

Cheonan City Aims to Restore Endangered Species Habitat: Yellow Iris to Flourish at Seongseong Lake Park: CHEONAN, South Korea – Cheonan City today announced a collaborative initiative to protect and restore endangered species, wi ...; KO YONG-CHUL Reporter 2025.06.18

Cheonan City Fosters Global Partnerships for Local Startups: Cheonan, South Korea – Cheonan City is actively connecting its burgeoning startup ecosystem with global enterprises, evidenc ...; HONG MOON HWA Senior Reporter 2025.06.18

Cheonan City Offers 50% Property Tax Reduction for Multi-Child Households, Bolstering Birth Rates: Cheonan, South Korea – In a significant move aimed at combating the nation's declining birth rate and easing the financial b ...; Hwang Sujin Reporter 2025.06.18

Cheonan Prioritizes Economic Recovery with Comprehensive Support Package: Cheonan, Chungcheongnam-do – The city of Cheonan is making the revitalization of its local economy its top priority, rolling ...; HONG MOON HWA Senior Reporter 2025.06.18

Dogyega Hosts Inclusive Festival for People with Disabilities: Dogyega, South Korea – The Dogyega Disabled Persons Job Sharing Cooperative, with generous sponsorship from Black Valley Cou ...; HONG MOON HWA Senior Reporter 2025.06.18

Samcheok City Launches Special Summer Environmental Pollution Crackdown: Samcheok, Gangwon Province – Samcheok City is taking proactive measures to safeguard its natural environment this summer by ...; Hwang Sujin Reporter 2025.06.18

Samcheok City Mobilizes Volunteer Disaster Prevention Teams for Intensive Flood Preparedness Ahead of Summer Rains: Samcheok, Gangwon Province – In a proactive move to safeguard its residents and infrastructure against the escalating threat ...; HONG MOON HWA Senior Reporter 2025.06.18

Chungnam Provincial Council Bolsters Firefighter Preparedness and Sustainable Automotive Industry: Gongju, Chungcheongnam-do – The Chungnam Provincial Council's Construction and Fire Safety Committee (chaired by Ko Gwang-ch ...; HONG MOON HWA Senior Reporter 2025.06.18

Taean International Horticultural Healing Expo Strengthens Global Outreach at Korea Expo in Paris: PARIS, FRANCE – The Organizing Committee for the 2026 Taean International Horticultural Healing Expo (TIHHE) recently conclu ...; Global Economic Times Reporter 2025.06.18

Enhancing Expertise in Agricultural Safety: Chungnam Agricultural Research & Extension Services Boosts Disaster Response and Educational Specialization through Practical Training: CHUNGCHEONGNAM-DO – To bolster the capabilities of agricultural safety personnel, the Chungnam Agricultural Research & E ...; HONG MOON HWA Senior Reporter 2025.06.18

Chungnam's Young Smart Farmers Reap "Hundred-Million Won" Incomes: CHUNGNAM PROVINCE, South Korea – Young farmers in Chungnam Province are achieving remarkable financial success through smart ...; HONG MOON HWA Senior Reporter 2025.06.18

Unlicensed Acupuncturist Arrested in South Korea After 4-Year Scam Targeting Vulnerable Patients: JEJU, South Korea – A 70-year-old man has been apprehended and detained on charges of violating South Korea's Medical Servic ...; Desk 2025.06.17

NongHyup Officially Launches Halal Hanwoo in the Middle East, Eyeing Expanded Exports: DUBAI & ABU DHABI, UAE – NongHyup (National Agricultural Cooperative Federation) is making significant strides into the ...; Global Economic Times Reporter 2025.06.17

Secure Phone Calls Fuel "Emperor Investigation" Controversy Around Former First Lady Kim Keon-hee: Seoul, South Korea – Revelations have emerged concerning former First Lady Kim Keon-hee's use of a secure, un-traceable phon ...; KO YONG-CHUL Reporter 2025.06.17

SPC Samlip Under Investigation Following Fatal Factory Accident, Recurring Safety Concerns Highlighted: SEOUL, South Korea – South Korean authorities have launched a comprehensive investigation into SPC Samlip, a prominent confe ...; KO YONG-CHUL Reporter 2025.06.17

Special Prosecutor for First Lady Kim Keon-hee to Establish Office in Gwanghwamun KT Building: SEOUL – The independent counsel tasked with investigating allegations against former First Lady Kim Keon-hee is reportedly s ...; KO YONG-CHUL Reporter 2025.06.17

JP Morgan's Apparent U-Turn on Crypto: A Deep Dive into 'JPMD' and Market Dynamics: NEW YORK — In a significant development that could reshape the landscape of institutional engagement with digital assets, fi ...; Ana Fernanda Reporter 2025.06.17