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 2025 National General Budget Increases by $337.6 Million by May Due to Super Tucano Purchase and School Meal Expenses: Paraguay's 2025 National General Budget (PGN) increased by approximately $337.6 million as of May, influenced by the purchase of S ...; Eugenio Rodolfo Sanabria Reporter 2025.06.13

Paraguayan Entrepreneurs Propose Special Gifts for Father's Day: ASUNCIÓN, PARAGUAY – Entrepreneurs from the Paraguayan Association of Entrepreneurs (Asepy) are drawing public attent ...; Hwang Sujin Reporter 2025.06.13

First Step Towards the Future in Silicon Valley... Seocho Smart Youth Center Holds International Exchange Camp: SEOUL, South Korea – Teenagers preparing for the future are set to embark on a special journey this August, exploring Silico ...; Hwang Sujin Reporter 2025.06.12

Konkuk University Accelerates Global Cooperation: Heading to the US and Taiwan: Konkuk University (President Won Jong-phil) is accelerating its efforts to expand its global cooperation network. Since President ...; KIM YOUNG MIN 2025.06.12

Daejeon City Holds Meeting with Quebec Province, Canada to Explore Aerospace Industry Cooperation: Daejeon Mayor Lee Jang-woo attended the "Conference of Montreal," an international policy forum held in Montreal, Canada, on June ...; KO YONG-CHUL Reporter 2025.06.12

Singapore Linkage Unlocks ASEAN's 25GW Renewable Energy Potential: Rystad Analysis: Southeast Asia could unlock up to 25 gigawatts (GW) of renewable energy generation and attract over $40 billion in investments in ...; Yim Kwangsoo Correspondent 2025.06.12

Seatrium Benoi Yard Dredging Operations Commence: A Key Driver for Singapore's Maritime Industry: According to the Maritime and Port Authority of Singapore (MPA), significant dredging operations are currently underway near Berth ...; ONLINE TEAM 2025.06.12

Talentor International Welcomes Ellwood Consulting as Singapore and Malaysia Partner: Global talent search consortium Talentor International has strengthened its presence in the Southeast Asian market by adding Ellwo ...; Kim Sungmoon Reporter 2025.06.12

KGI Securities Singapore Adopts Scila Risk for Collateral Optimization: KGI Securities Singapore has successfully implemented Scila Risk in its Singapore operations, strengthening its risk management ca ...; Global Economic Times Reporter 2025.06.12

Hwacheon County to Support Youth Overseas Backpacking Study Tours: Exploring World-Renowned Universities and Strengthening Global Competencies: Hwacheon County, Gangwon Province is garnering significant attention for its extensive support of overseas backpacking study tours ...; Hwang Sujin Reporter 2025.06.12

Paraguay's Immigrant Population Exceeds 156,000, with Argentinians and Brazilians Predominating: The number of immigrants residing in Paraguay has surpassed 156,000, a fact revealed by the National Institute of Statistics (INE) ...; KO YONG-CHUL Reporter 2025.06.11

President Lee Jae-myung Introduces 'National Recommendation System' for High-Ranking Officials, Including Ministers and Vice-Ministers… Full-Scale Implementation of 'People's Sovereignty Government': President Lee Jae-myung announced on the 10th that he would implement a 'National Recommendation System' to directly receive recom ...; KO YONG-CHUL Reporter 2025.06.11

Sham Divorces, Family Name Transfers: High-Value Tax Delinquents' Elaborate Schemes and the NTS's Pursuit Battle: Tax delinquents with ample ability to pay their taxes have been caught in the National Tax Service's (NTS) intricate web of pursui ...; Hwang Sujin Reporter 2025.06.11

Emergency Alert System Used for Private Family Events by Fire Officials, Sparking Outrage Among Firefighters: "Is This Even a Country?" (Comprehensive): Fire officials in the Jeonnam region are facing strong criticism from within the firefighting community after it was revealed they ...; KO YONG-CHUL Reporter 2025.06.11

Incheon Metropolitan City Office of Education Launches On-Site Multicultural Education Training: Incheon, South Korea – The Incheon Metropolitan City Office of Education (Superintendent Doh Sung-hoon) announced today the ...; KO YONG-CHUL Reporter 2025.06.10

Daejeon City Successfully Hosts 51st Quality Control Circle Competition: DAEJEON – Daejeon City successfully held the '2025 51st Daejeon Metropolitan City Quality Control Circle Competition' on Jun ...; KO YONG-CHUL Reporter 2025.06.10

Daejeon Hometown Love Donation Campaign Successfully Concludes in Seoul: Daejeon City successfully concluded its 'Daejeon Hometown Love Donation Campaign' over two days, from June 9th to 10th, in Seoul. ...; HONG MOON HWA Senior Reporter 2025.06.10

Promoting Fixie Bike Safety Education for Elementary Students: South Chungcheong Provincial Autonomous Police Committee Offers On-Site Training at Asan Mosan Elementary School: Asan – The South Chungcheong Provincial Autonomous Police Committee has launched a safety education initiative to raise awar ...; Desk 2025.06.10

Chungnam Province Begins Comprehensive Public Property Survey: Chungcheongnam-do Province has initiated a comprehensive "Administrative Property Status Survey Service Project" slated for comple ...; HONG MOON HWA Senior Reporter 2025.06.10

Cheonan to Become a Metropolis of 1 Million, Supported by National Industrial Complex Development: CHEONAN – Governor Kim Tae-heum of South Chungcheong Province has pledged full support for Cheonan's growth into a metropoli ...; HONG MOON HWA Senior Reporter 2025.06.10