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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Hanbat Library Awarded Grant to Champion Inclusive Reading Culture for Individuals with Developmental Disabilities: Daejeon, South Korea – Hanbat Library has secured a prestigious grant from the National Library for the Disabled, earning it ...; HONG MOON HWA Senior Reporter 2025.05.09

Chungnam Technopark Drives Hydrogen Economy with Ambitious R&D Support for Dangjin Hydrogen City Initiative: Chungcheongnam-do Province, South Korea – In a significant push towards establishing a robust hydrogen economy, the Chungnam ...; HONG MOON HWA Senior Reporter 2025.05.09

Daejeon Shines in National Government Evaluation, Pioneering Innovative Local Governance and Citizen-Centric Policies: Daejeon, South Korea – Daejeon Metropolitan City has emerged as a frontrunner in local governance, securing its position as ...; HONG MOON HWA Senior Reporter 2025.05.09

Chungcheongnam-do Pioneers 'Smart Firefighting' to Safeguard Critical Response Time, Unveils Innovative Public Service Solutions: Chungcheongnam-do Province, South Korea – In a proactive move to enhance public safety and improve civic life, the Chungcheo ...; KO YONG-CHUL Reporter 2025.05.09

Spotted Seals Bomi and Yangyangi Embark on Separate Journeys After Release into South Korea's Garorim Bay: Garorim Bay, South Chungcheong Province, South Korea – The heartwarming tale of two rescued spotted seals, Bomi and Yangyang ...; Desk 2025.05.09

Chungcheong Region Launches Cybersecurity Talent Drive with 'Cyber Threat Scenario' Competition: Daejeon, South Korea – A coalition of ten prominent organizations and institutions in South Korea's Chungcheong region, spea ...; ONLINE TEAM 2025.05.09

SSG.com Capitalizes on ZeroBaseOne Fandom with Exclusive 'Rose in Love' Cookie Set Launch: Bucheon, South Korea – SSG.com, a prominent South Korean e-commerce platform, is set to launch an exclusive, limited-edition ...; Hwang Sujin Reporter 2025.05.09

Suncheon Unveils 'Wants Suncheon' Content Festival: A Cultural Catalyst for Urban Revival: Suncheon, South Korea – The historic heart of Suncheon, nestled in South Jeolla Province, is poised to transform into a vibr ...; Desk 2025.05.09

Yancheng's Fairways Lure South Korean Golfers as Eastern China Emerges as Budget-Friendly Golfing Paradise: Yancheng, Jiangsu Province, China – A burgeoning trend is reshaping the landscape of golf tourism in East Asia, with Yanchen ...; Yim Kwangsoo Correspondent 2025.05.09

German International Parcel Delivery Uncovers 12 Billion KRW Worth of Drugs in Pottery... Attempted Nationwide Distribution via 'Throwing' Method: An overseas drug trafficking organization attempted to smuggle a large quantity of drugs into South Korea via international parcel ...; KO YONG-CHUL Reporter 2025.05.09

Thailand Secures Frozen Chicken Export Deal with the Philippines, Anticipating Increased Farm Income: Thailand's Minister of Agriculture and Cooperatives, Dr. Narumon Pinyosinwat, announced a significant advancement in agricultural ...; ONLINE TEAM 2025.05.09

Marina Bay Sands, Singapore: Beyond the Ultimate Symbol, an Epitome of 'Experiences': Adorning Singapore's skyline with splendor, Marina Bay Sands, an architectural feat offering an unparalleled array of experiences, ...; Hwang Sujin Reporter 2025.05.09

Nation-backed threat group 'MirrorFace' targets Japanese and Taiwanese government agencies with cyber espionage, utilizing new ROAMINGMOUSE and enhanced ANEL malware: A nation-backed cyber threat group known as 'MirrorFace' has been detected conducting cyber espionage activities targeting governm ...; ONLINE TEAM 2025.05.09

Paraguay Food Security Outlook for 2025: Reduced Corn Production Due to Drought and Expected Sluggish Grain Exports: Planting for the 2025 'zafriña' main season corn crop, which accounts for approximately 80% of annual production, was compl ...; Pedro Espinola Special Correspondent 2025.05.09

Infantino, FIFA President, Skips Paraguay FIFA Congress During Trump's Saudi Visit, Amplifying Political Maneuvering Controversy: Gianni Infantino, the FIFA President, is facing controversy as he is reportedly planning to visit Saudi Arabia during U.S. Preside ...; Graciela Maria Reporter 2025.05.09

Argentina's Río Negro Province, Backed by IDB Funding, Begins Road Repaving Project… Expected to Boost Tourism, Mining, and Petrochemical Industries: Bnamericas reported on May 8, 2025, that Argentina's Río Negro province has officially commenced a 31.9 billion peso (appro ...; Global Economic Times Reporter 2025.05.09

BIMCO Analysis: Brazil's Grain Exports Surge Amid US-China Trade Tensions: According to a recent report by the shipping analysis agency BIMCO (Baltic and International Maritime Council), Brazil's grain exp ...; Ana Fernanda Reporter 2025.05.09

Thai Nationals Busted at Incheon Airport for Smuggling Marijuana Concealed in Dried Mango Souvenirs: Incheon, South Korea – Authorities at Incheon International Airport have apprehended two Thai nationals for allegedly attemp ...; Ana Fernanda Reporter 2025.05.08

Thailand Grapples with Livestock Disease Outbreaks as Neighboring Nations Impose Import Bans: Bangkok, Thailand – Thailand is currently facing a significant public health and economic challenge as outbreaks of livestoc ...; Global Economic Times Reporter 2025.05.08

Busan's 'Taxichelin Guidebook': Navigating Hidden Culinary Gems Through the Eyes of Local Taxi Drivers: Busan, South Korea – In a novel approach to urban exploration and culinary discovery, the vibrant port city of Busan has unv ...; Hwang Sujin Reporter 2025.05.08