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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Busan Set to Unveil 'British Village': A Novel Urban Development Integrating Education, Culture, and Commerce: Busan, South Korea – In a move poised to redefine urban living and international cultural exchange, Busan Metropolitan City ...; Global Economic Times Reporter 2025.05.08

Austrian Government Revives 'Hijab Ban' for Children Under 14, Sparks Debate: The Austrian government is pushing forward once again with a 'hijab ban' for children under the age of 14. Family and Integration ...; Eugenio Rodolfo Sanabria Reporter 2025.05.08

Jeju Partners with Three US Universities: Earn Credits and Enjoy Vacation in Jeju: Jeju Special Self-Governing Province is accelerating its efforts to create a 'Global Education & Research Learncation City, Je ...; Hwang Sujin Reporter 2025.05.08

Hidden Scenic Treasures of Hoengseong and Yanggu, Gangwon: 'Rest' Woven by Division and Nature: In Gangwon Province, where the scars of division coexist with the tranquility of nature, travel destinations holding profound stor ...; KO YONG-CHUL Reporter 2025.05.08

Gangwon Province to Operate 'Weekend Night Markets' at 13 Traditional Markets to Attract Tourists: Gangwon Province has announced its full-fledged launch of 'Weekend Night Markets' at traditional markets across the region as a me ...; Desk 2025.05.08

Gyeongsangnam-do Province Announces Preliminary Designation of 'Changnyeong Yongheungsa Temple Site' as Provincial Monument: Gyeongsangnam-do Province (Governor Park Wan-soo) announced on the 8th the preliminary designation of the 'Changnyeong Yongheungsa ...; KO YONG-CHUL Reporter 2025.05.08

Beijing Gears Up to Host Landmark Humanoid Robot Games, Underscoring China's Robotic Ambitions: Beijing, China – Building on its recent hosting of the world's first humanoid robot half marathon, the city of Beijing is se ...; Hee Chan Kim Reporter 2025.05.08

MBC United Camp Offers Immersive English Experience in Johor Bahru and Singapore, Targeting Rapid Skill Development: SEOUL, South Korea – MBC United Camp is launching an intensive English immersion program this summer vacation, strategically ...; Kim Sungmoon Reporter 2025.05.08

International Taekwondo Federation's 'Tul Tour' Finds Historical Resonance in Namhae with Swiss and US Delegations: Namhae County, South Korea – In a unique convergence of martial arts training and cultural immersion, a delegation of Taekwo ...; KO YONG-CHUL Reporter 2025.05.08

World Korean Journalists Gather in Seoul for Presidential Policy Forum and Media Workshop: Korean journalists active around the world will gather in their homeland to hold a meaningful forum discussing the future of South ...; KO YONG-CHUL Reporter 2025.05.08

Siheung City to Host '2025 Siheung Citizens' Family Love Walking Festival' on May 17th: Siheung City (Mayor Lim Byeong-taek) will host the '2025 Siheung Citizens' Family Love Walking Festival' four times throughout the ...; Hwang Sujin Reporter 2025.05.08

Siheung City to Integrate and Expand Children and Youth Transportation Subsidies Starting July: Siheung City (Mayor Lim Byeong-taek) will officially implement the 'Siheung Pass+ (Plus)' project, an integrated and expanded tran ...; Hwang Sujin Reporter 2025.05.08

Ansan City Forges Cultural Ties with Mongolia's Dornod Province in Landmark Meeting: Ansan, Gyeonggi Province, South Korea – In a move aimed at fostering international goodwill and enriching cross-cultural und ...; Desk 2025.05.08

Aloha in Your Neighborhood: Hawaii Tourism Authority Brings Cultural Immersion to South Korea via E-Mart: Seoul, South Korea – The allure of the Hawaiian Islands, with its sun-kissed beaches and vibrant culture, is set to become m ...; Hwang Sujin Reporter 2025.05.08

Luxembourg Korean Association President's Visit Underscores Vital Role of Diaspora Networks in International Cooperation: Gyeryong City, South Korea – The recent visit of Park Mi-hee, the esteemed President of the Luxembourg Korean Association, t ...; KO YONG-CHUL Reporter 2025.05.08

South Korea's Demographic Crisis Deepens: Lowest Child Population Among Major Nations Signals Unprecedented Challenges: Seoul, South Korea – A sobering demographic reality has placed South Korea in an unenviable position on the global stage. Ac ...; Global Economic Times Reporter 2025.05.07

Incheon Education Authorities Forge Global Ties with New Zealand's Hauraki Plains College in Landmark Exchange Program: Incheon, South Korea – The Incheon Metropolitan City Office of Education is taking significant steps to cultivate global com ...; Min Gyu Mi Reporter 2025.05.07

South Korea Boosts Indonesian Agricultural Sector with Bio-Diesel Tractor Donation: Jakarta, Indonesia – In a move to bolster agricultural productivity and foster sustainable farming practices in Indonesia, t ...; Eugenio Rodolfo Sanabria Reporter 2025.05.07

Seoul Bolsters Child Nutrition with Major Expansion of 'Let's Eat Fruits, Kids!' Initiative: Seoul, South Korea – In a significant stride towards fostering healthier lifestyles among its youth, the Seoul Metropolitan ...; Kim Sungmoon Reporter 2025.05.07

Bucheon Empowers Citizens to Shape Its Future Through Participatory Budgeting Initiative: Bucheon City, Gyeonggi Province, South Korea, has announced its call for proposals for the '2026 Resident Participation Budget Pro ...; Hwang Sujin Reporter 2025.05.07