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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Samcheok Beach Undergoes Major Facility Improvements for Enhanced Comfort and Safety: Samcheok City, South Korea – Samcheok City announced on the 5th that it has completed extensive maintenance and reinforcemen ...; HONG MOON HWA Senior Reporter 2025.06.10

COVID-19 Vaccination Urged for High-Risk Groups Ahead of Summer Resurgence, Extended Until June 30: Daejeon City announced it will extend COVID-19 vaccinations for high-risk groups until June 30. This measure aims to proactively p ...; KO YONG-CHUL Reporter 2025.06.10

Daejeon City Announces International Competition for Eco-Friendly Wooden Bridge and Observatory in Hanbat Arboretum: Daejeon City, South Korea – Daejeon City is embarking on a project to create eco-friendly wooden structures within the Hanba ...; HONG MOON HWA Senior Reporter 2025.06.10

Daejeon City Strengthens Public-Private Partnership for Filial Piety Culture and Daejeon Love: Daejeon City signed a "Joint Business Agreement for Practicing Filial Piety Culture and Daejeon Love" on June 9 at the City Hall m ...; Desk 2025.06.10

Advanced Maritime Culture in the Philippine Archipelago Emerged 35,000 Years Ago: Astounding archaeological evidence, unveiled by researchers from Ateneo de Manila University, reveals that the Philippine archipel ...; Kim Sungmoon Reporter 2025.06.09

Equinix Acquires 3 Data Centers in the Philippines to Meet Digital Demand and Support AI Innovation: Equinix, a global leader in data center operations, officially announced on June 4th (local time) that it has acquired three data ...; ONLINE TEAM 2025.06.09

Why Singaporean Entrepreneurs Should Closely Watch RMB Market Trends: SINGAPORE – The Renminbi (RMB) has recently risen in stature in international financial markets, becoming a crucial factor f ...; Ana Fernanda Reporter 2025.06.09

GC Biopharma Secures Landmark Plasma Derivatives Deal in Malaysia, Bolstering Global Footprint: SEOUL, South Korea / KUALA LUMPUR, Malaysia – GC Biopharma, a leading South Korean biopharmaceutical company, today announce ...; Ana Fernanda Reporter 2025.06.08

China's Growing Presence in the West Sea Raises Alarm in South Korea: SEOUL, South Korea – Concerns are mounting in South Korea over China's escalating activities in the West Sea (also known as ...; Desk 2025.06.08

Chungcheongnam-do to Create Safe and Clean Beaches: Chungcheongnam-do announced on the 4th that it will fully implement its safety management and marine waste disposal measures, esta ...; HONG MOON HWA Senior Reporter 2025.06.07

Daejeon Philharmonic Orchestra Auditions for Artistic Members: The Daejeon Philharmonic Orchestra, celebrating its 41st anniversary, is preparing for a powerful leap to become a top-tier orches ...; Global Economic Times Reporter 2025.06.07

Paraguay's Ministry of Social Development Suspends Over 2,600 Elderly Pension Accounts Due to Inactivity: How to Reactivate Them: ASUNCION, Paraguay – Paraguay's Ministry of Social Development (MDS) announced on June 5, 2025, that 2,622 accounts assigned ...; Yim Kwangsoo Correspondent 2025.06.06

Paraguay River in Asunción Breaches 4 Meters, Highest Level in Two Years: Asunción, Paraguay – June 5, 2025, the water level of the Paraguay River in the Asunción section reached 4.06 ...; Yim Kwangsoo Correspondent 2025.06.06

Ñemby Suffers Severe Flooding: House Wall Collapses, Four Cars Swept Away: In a shocking incident in Ñemby, a district in the Central Department of the Asunción metropolitan area, torrential ...; Pedro Espinola Special Correspondent 2025.06.06

Wall Collapse at Asunción Military Geographic Directorate Halts Traffic on Artigas Avenue: ASUNCIÓN – Due to heavy rain and strong winds that swept through Asunción, the capital of Paraguay, part of th ...; Pedro Espinola Special Correspondent 2025.06.06

Asunción and Central Hit by 120mm Downpour in Two Hours; Eastern Regions Also Suffer Significant Damage: Asunción and the Central department experienced torrential rainfall, recording a historic 100-120mm of precipitation in jus ...; Hwang Sujin Reporter 2025.06.06

Massive Hailstorm Causes Extensive Damage to Homes and Crops in Itapúa, Paraguay: Itapúa, Paraguay – In the early hours of June 5, 2025, a powerful hailstorm struck the northeastern Itapúa dep ...; KO YONG-CHUL Reporter 2025.06.06

Comprehensive Improvement Project to Boost Tourism at the Sanctuary of Our Lady of Itacua: The Sanctuary of Our Lady of Itacua, located 14 km from the center of Encarnación, Paraguay, and one of Paraguay's main pil ...; Eugenio Rodolfo Sanabria Reporter 2025.06.06

Asunción's Urban Bus System: Anticipating a Complete Transformation: Asunción is set to completely overhaul its outdated public transportation system with the introduction of 100 new urban bus ...; Ana Fernanda Reporter 2025.06.06

A Single Pill Packet Can Destroy an Ecosystem... Not the Trash, Send Unused Medicine to the Postbox!: In celebration of Environment Day on June 5th, public services that contribute to environmental protection through small daily act ...; KO YONG-CHUL Reporter 2025.06.06