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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World's Largest Population Well-being Study Announces Initial Key Findings: MADRID, SPAIN – While national statistics are released across various domains such as economy, health, and life expectancy, ...; Desk 2025.05.03

Daejeon Launches ₩65.5 Billion RISE Project, Selecting 13 Universities: Daejeon Metropolitan City has officially initiated its Regional Innovation System & Ecosystem (RISE) project, a substantial un ...; KO YONG-CHUL Reporter 2025.05.02

Chungnam Provincial University and Cheongyang Youth Counseling and Welfare Center Join Hands: Chungnam Provincial University's Career and Psychological Counseling Center and the Cheongyang-gun Youth Counseling and Welfare Ce ...; KO YONG-CHUL Reporter 2025.05.02

Nature Offers Solace to South Korean Self-Governing Police Officers Through Forest Healing Initiative: YESAN, SOUTH KOREA – In a proactive effort to address the often-overlooked mental well-being of its frontline officers, the ...; KO YONG-CHUL Reporter 2025.05.02

Childcare Service Application and Reservation ‘at a Glance’ - Chungcheongnam-do: Chungcheongnam-do has established and officially launched the integrated childcare platform ‘iChungnam’ to enhance acc ...; HONG MOON HWA Senior Reporter 2025.05.02

Chungcheongnam-do Province Announces ‘Strong Chungnam Safety Vision 2040’ Initiatives: Chungcheongnam-do Province has announced 176 (tentative) tasks outlined in its ‘Strong Chungnam Safety Vision 2040,’ a ...; Desk 2025.05.02

Han Duck-soo's Controversial Presidential Bid Sparks National Outcry: In a move that has ignited widespread criticism, acting President and Prime Minister Han Duck-soo officially announced his resigna ...; KO YONG-CHUL Reporter 2025.05.01

Former South Korean President Yoon Seok-yeol Faces Additional Charges of Abuse of Power Amidst Insurrection Trial: Seoul, South Korea – Former South Korean President Yoon Seok-yeol has been further indicted on charges of abuse of power by ...; Desk 2025.05.01

AIA Singapore Launches Year-Long Initiatives Focused on Holistic Wellness and Community Engagement for SG60: Singapore – AIA Singapore today unveiled a comprehensive year-long program of initiatives designed to resonate with Singapor ...; Ana Fernanda Reporter 2025.05.01

Police Accelerate Investigation into Allegations Against Former Daegu Mayor Hong Joon-pyo Following Presidential Primary Defeat: Daegu, South Korea – The South Korean police have intensified their investigation into allegations that former Daegu Mayor H ...; Yim Kwangsoo Correspondent 2025.04.30

South Korean Police Launch Intensive Crackdown on Insurance Fraud Amid Rising Losses: Seoul, South Korea - The South Korean National Police Agency (NPA) announced on Wednesday a four-month intensive crackdown on traf ...; Hwang Sujin Reporter 2025.04.30

Anticipated "Parking Wars" Loom at Incheon Airport Amidst Golden Holiday Travel Surge: Incheon, South Korea - As South Korea gears up for the highly anticipated Golden Holiday period commencing on May 1st, Incheon Int ...; Min Gyu Mi Reporter 2025.04.30

Resurgence of Wildfire on Hamjisan Prompts National Fire Mobilization in Daegu: Daegu, South Korea - Barely a day after initial containment, lingering embers on Hamjisan (Hamji Mountain) in Buk-gu, Daegu, flare ...; Yim Kwangsoo Correspondent 2025.04.30

Another Sinkhole Emerges in Seoul, Disrupting Traffic in Gangdong-gu: Seoul, South Korea - A new instance of ground subsidence, commonly referred to as a sinkhole, has been reported in Seoul, this tim ...; Desk 2025.04.30

Kim Han-il, President of the San Francisco Korean Association, Discusses Preparations for the 80th Anniversary of Liberation Day with Ko Tak-hee, President of the Federation of Korean Associations in China: On April 25th at 11:00 AM, Kim Han-il, President of the Korean Association of San Francisco & Bay Area, warmly welcomed Ko Tak ...; KO YONG-CHUL Reporter 2025.04.30

Sangji University and World-OKTA Forge Partnership to Cultivate Global Talent and Bridge Korean Networks: ANDONG, SOUTH KOREA – Sangji University and the World Federation of Overseas Korean Traders Associations (World-OKTA) have e ...; KO YONG-CHUL Reporter 2025.04.30

Andong City Launches "Happy Healing Childbirth Class" to Support Expectant Mothers: Andong, South Korea – Andong City is taking proactive steps to support its registered pregnant residents by offering a compr ...; KO YONG-CHUL Reporter 2025.04.30

Andong Gears Up to Host the 21st Korea Youth Expo: A Focus on Safety and Future Potential: Andong, South Korea – Andong City is dedicating significant administrative resources to ensure the resounding success of the ...; KO YONG-CHUL Reporter 2025.04.30

Shinhan Financial Group Champions Resource Circulation for a Sustainable Future: SEOUL, South Korea – Shinhan Financial Group (SFG) is actively promoting environmental sustainability through its newly laun ...; Hwang Sujin Reporter 2025.04.30