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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"A World Where All Children Play Together" Hanbat Arboretum Children's Playground First to Introduce Barrier-Free Play Facilities: In a significant stride towards creating a more equitable and inclusive society, the city of Daejeon, South Korea, has unveiled it ...; HONG MOON HWA Senior Reporter 2025.05.06

Central Department of Paraguay Submits Public Transportation System Reform Bill to Congress… Aiming to Resolve Functional Duplication and Legal Loopholes: The government of the Central Department of Paraguay has submitted a draft bill to the National Congress aimed at fundamentally re ...; Yim Kwangsoo Correspondent 2025.05.06

Severe Traffic Congestion in Greater Asunción Area, Private Cars and Motorcycles Account for 78% of Usage: An analysis has revealed that 78% of daily traffic volume in the Greater Asunción area, the capital of Paraguay, is due to ...; Graciela Maria Reporter 2025.05.06

A Call for Comprehensive Reform of Paraguay's Social Security System: Addressing the Demographic Bonus and Ensuring Social Equity: Paraguay currently stands at a historically significant juncture. Its youthful demographic structure, the demographic bonus, prese ...; Eugenio Rodolfo Sanabria Reporter 2025.05.06

MuCi Science Museum Hosts Diverse Science Experience Events in May: The MuCi Science Museum (Museo de Ciencias), Paraguay's leading science education institution, is set to promote science culture b ...; Ana Fernanda Reporter 2025.05.06

Paraguay Seeks Prison Sentences for Indiscriminate Pesticide Spraying in Protected Environmental Zones: The Agriculture and Livestock Committee of the Paraguayan Chamber of Deputies has expressed its support for a bill that strengthen ...; KO YONG-CHUL Reporter 2025.05.06

Paraguay to Expand Mandatory English Education in Public and Private School Curricula: The Education, Culture, and Religious Affairs Committee of the Paraguayan Congress has issued a favorable opinion on the expansion ...; Ana Fernanda Reporter 2025.05.06

Atyrá, Paraguay Seeks Designation as 'Ecological Capital': Aiming to be Recognized as an Environmental Conservation Model City: Local media reports that the Paraguayan National Congress's Environment Committee has approved a bill to designate the city of Aty ...; Ana Fernanda Reporter 2025.05.06

Phnom Penh Korean International School: A Beacon of Education and Community for Expatriates in Cambodia: Phnom Penh, Cambodia – For the Korean expatriate community in Cambodia, two paramount concerns consistently rise to the fore ...; Kim Sungmoon Reporter 2025.05.05

South Korea's Child Population Plummets to World's Lowest, Surpassing Even Japan's Dire Demographic Trends: Seoul, South Korea – A stark demographic reality has emerged from an analysis of United Nations data by Japan's Ministry of ...; Hwang Sujin Reporter 2025.05.05

Gwangju Pioneers Support for Self-Employed Parents with Childcare and Substitute Worker Subsidies: Gwangju, South Korea – In a groundbreaking move to address the often-overlooked childcare challenges faced by self-employed ...; Yim Kwangsoo Correspondent 2025.05.05

Shinan County's "Sunshine Child Allowance" Grows, Providing ₩1.2 Million Annually to All Island Children: Ahead of Children's Day, all 2,998 children and adolescents residing in Shinan County, South Jeolla Province, received a Sunshine ...; KO YONG-CHUL Reporter 2025.05.05

Incheon Education Office Greenlights New Headquarters Amidst Overcrowding and Deterioration: The Incheon Metropolitan City Office of Education (IMEPOE) has officially set its sights on a modern, spacious future with the ann ...; Min Gyu Mi Reporter 2025.05.05

"Get a Free Dementia Checkup"···Seoul City Implements Early Screening: The Seoul Metropolitan Government has designated May as the 'Month for Intensive Early Dementia Screening' and will conduct dement ...; Hwang Sujin Reporter 2025.05.05

Gongju Embarks on Ambitious 'World Paleolithic Park' Project at Korea's Cradle of Prehistory: Gongju, a city steeped in historical significance within South Chungcheong Province, South Korea, has officially commenced its amb ...; HONG MOON HWA Senior Reporter 2025.05.05

A Wave of Conversion Sweeps Through Paraguayan Prisons: The Light of the Gospel Illuminates the Darkness: Recent fruits of prison ministry in Paraguay have witnessed over 20 inmates embracing a new life through baptism. The testimonies ...; Yim Kwangsoo Correspondent 2025.05.05

Bolivian Political Turmoil Intensifies Amid Evo Morales Arrest Warrant Controversy: Bolivian politics are engulfed in turmoil due to a legal battle surrounding the arrest warrant for former President Evo Morales. J ...; Desk 2025.05.05

A Glimmer of Hope for the 'Smiling' Salamander: Axolotls Thrive in Mexican Artificial Wetlands: In a remarkable turn of events, the critically endangered axolotl (Ambystoma mexicanum), a creature as captivating in appearance a ...; KIM YOUNG MIN 2025.05.05

Bucheon City and Police Launch 'Baro Hope Team' to Bolster Support for Domestic and Sexual Violence Victims: Bucheon, Gyeonggi Province – In a proactive move to enhance support for individuals affected by domestic violence and sexual ...; Hwang Sujin Reporter 2025.05.04

Bucheon Takes Flight: Spearheading Asia's Largest UAM and Aerospace R&D Hub with Korean Air: Bucheon, a city with its sights set firmly on the future of mobility, is embarking on an ambitious journey to transform its landsc ...; KO YONG-CHUL Reporter 2025.05.04