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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Gyeonggi Province Takes Reading to the Streets with "Book Busking on the Go" Initiative: Gyeonggi Province is actively promoting reading culture among its residents by launching an innovative mobile reading program call ...; Hwang Sujin Reporter 2025.05.11

South Korea's Ministry of Oceans and Fisheries Fully Funds New Zealand Language Program for Fishermen's Children: In a significant move aimed at bridging the educational gap and fostering global talent in rural fishing communities, the South Ko ...; Hwang Sujin Reporter 2025.05.11

Stepping Back in Time: A Nostalgic Train Journey Through Chungcheongnam-do's Blooming Beauty: The late Cardinal Kim Sou-hwan often likened the essence of life to a simple boiled egg – seemingly complex, yet fundamental ...; KO YONG-CHUL Reporter 2025.05.11

The Culinary Charm of Namdaemun's Galchi Alley: A Taste of Old Seoul by Sungnyemun Gate: In the bustling heart of Seoul, where modern skyscrapers and trendy shopping districts thrive, lies Namdaemun Market, a vibrant te ...; Hwang Sujin Reporter 2025.05.10

Mokpo, Walking the 'City of Kim Dae-jung': Following the Spirit of the Nobel Peace Prize and the Trajectory of His Life: The port city of Mokpo, located in the southwestern tip of Jeollanam-do, is more than just a fishing base; it is the hometown of t ...; KO YONG-CHUL Reporter 2025.05.10

Samhakdo: An Artificial Paradise Embracing Tears, a Port, and the Roots of K-Pop: Mokpo, South Korea - Situated off the coast of Mokpo in Jeollanam-do province, Samhakdo Park is more than just a recreational spac ...; KO YONG-CHUL Reporter 2025.05.10

Five Fantastic Spots to Welcome the Sunrise in Mokpo in 2026: Mokpo, a beautiful port city nestled on the southwestern tip of Jeollanam-do province, boasts stunning coastal scenery and a rich ...; KO YONG-CHUL Reporter 2025.05.10

Discover Mokpo: A Coastal City Blending Natural Beauty and Urban Charm: Mokpo, a picturesque port city nestled in the southwestern part of Jeollanam-do, harmoniously blends the serene beauty of the azur ...; ONLINE TEAM 2025.05.10

Mokpo Soars as a 'Hot Place' Riding the Holiday Boom... 200,000 Tourists Flock In, Revitalizing the Local Economy: Mokpo City, Jeollanam-do Province, has rapidly emerged as a new 'hot place' with an explosive increase in tourists during the Gold ...; Yim Kwangsoo Correspondent 2025.05.10

Mokpo Nonghyup Spreads Warmth, Donates 400 Boxes of Kimchi to Needy Neighbors: Mokpo, South Korea – A wave of heartwarming generosity has swept through the Mokpo community as Mokpo Nonghyup (Agricultural ...; Kim Sungmoon Reporter 2025.05.10

Jeonnam Police and Mokpo Smile Center Join Forces to Strengthen Support for Crime Victims: Mokpo, South Korea – The Jeonnam Provincial Police Agency's Women and Youth Affairs Division announced on May 9th a collabor ...; Hwang Sujin Reporter 2025.05.10

Mokpo Coast Guard Intensifies Safety Measures Ahead of Peak Water Leisure Season: Mokpo, South Korea – The Mokpo Coast Guard has announced a significant six-month 강화 (strengthening) of safety management for ...; Hwang Sujin Reporter 2025.05.10

Mokpo Coast Guard Offers Rewards for Reporting Marine Pollution: Mokpo, South Korea – The Mokpo Coast Guard (Chief: Chae Su-jun) has announced the operation of a "Marine Pollution Reporting ...; Desk 2025.05.10

South Chungcheong Provincial Council Launches Study for Korea's First Bible Transmission Site Festival: SEOCHEON, South Korea - The South Chungcheong Provincial Council's research group, dedicated to planning a historical and cultural ...; HONG MOON HWA Senior Reporter 2025.05.10

Jirisan National Park Teams Up with University Students for Enhanced Visitor Safety: Gurye, South Korea – Jirisan National Park South Jeolla Office (Director Kim Eun-chang) is bolstering its visitor safety man ...; Kim Sungmoon Reporter 2025.05.10

Jirisan's Hyeongjebong Ablaze with Azaleas as 33rd Harmony Ceremony Takes Place: HADONG, South Korea - The vibrant red hues of azaleas provided a stunning backdrop for the 33rd annual Hyeongjebong Azalea Ceremon ...; Desk 2025.05.10

Urban Romance in Bloom: Yanghwa Hangang Park Ablaze with Roses, Perfect for Spring Picnics: Seoul, South Korea – Yanghwa Hangang Park, a beloved picnic destination for Seoul residents, has transformed into a breathta ...; KO YONG-CHUL Reporter 2025.05.10

Guri Hangang Park's 22nd Rape Flower Festival a Resounding Success: Diverse Attractions and Local Commerce Link Enhance Event: Guri, Gyeonggi Province, South Korea – The 22nd annual Guri Rape Flower Festival concluded with great success after a three- ...; KO YONG-CHUL Reporter 2025.05.10

Seoul Hosts Unique 'Blank-Out' Competition on Han River, Captivating Global Attention: SEOUL, South Korea - The serene landscape of Seoul's beloved Han River is set to transform into an arena of tranquil competition t ...; Hwang Sujin Reporter 2025.05.10

South Korea Launches FEALAC Youth Delegation, Fostering East Asia-Latin America Ties: Seoul, South Korea - The South Korean Ministry of Foreign Affairs (MOFA) held an inauguration ceremony on May 9th for the 2025 For ...; KO YONG-CHUL Reporter 2025.05.10