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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20-Something Chinese Woman Contracts Incurable Herpes Virus After Singing Into Karaoke Microphone: A shocking case has emerged from China where a woman in her twenties contracted the Herpes Simplex Virus type 1 (HSV-1) after usin ...; KO YONG-CHUL Reporter 2025.04.22

Trump's Approval Rating Hits Record Low, Immigration Policy Faces Backlash: Former U.S. President Donald Trump's approval rating has hit a record low since his return to the White House, facing a political ...; Eugenio Rodolfo Sanabria Reporter 2025.04.22

Dollar Value Plummets, Gold Price Hits All-Time High: Trump-Induced Economic Anxiety Intensifies: International financial markets are facing an unprecedented situation as the value of the US dollar plummets at an alarming rate, ...; Eunsil Ju Reporter 2025.04.22

Hanwha E&C Enhances Employee Mental Health with Expanded In-House Counseling Center 'Laforena': Hanwha E&C is expanding its in-house psychological counseling center, 'Laforena,' to promote the mental well-being of its empl ...; KO YONG-CHUL Reporter 2025.04.22

South Korean Companies on Edge as Trump Administration's Erratic Tariff Policies Intensify Uncertainty; Government Rushes to Devise Countermeasures: South Korean companies are increasingly anxious due to the unpredictable tariff policies of the Donald Trump administration. Parti ...; Ana Fernanda Reporter 2025.04.22

South Korea and Peru Sign Cultural Heritage Cooperation Agreement for the Preservation of Machu Picchu: South Korea has joined hands with Peru for the preservation and sustainable management of the world-renowned cultural heritage sit ...; Hwang Sujin Reporter 2025.04.22

Paraguayan Community Receives Extensive Healthcare at Free Health Fair: AREGUÁ, PARAGUAY – Nearly 1,900 residents in a neighborhood outside Paraguay's capital, Asunción, benefited fr ...; Greace Nunez Correspondent 2025.04.21

Paraguay's Poverty Reduction Marred by Persistent Social Vulnerabilities: Despite encouraging macroeconomic indicators in 2024, including GDP growth and a reduction in monetary poverty, a recent analysis ...; Greace Nunez Correspondent 2025.04.21

Paraguay's Soybean Production Skyrockets by 935% in 35 Years, Becoming a Cornerstone of Agricultural Economy: Paraguay has witnessed an astounding 935% surge in soybean production over the past 35 years, transforming its agricultural landsc ...; Desk 2025.04.21

Paraguay's Family Farms: Cultivating Food Security and Shielding Against Inflation: Asunción, Paraguay - In an era marked by global economic volatility and escalating climate challenges, the resilience of a ...; Desk 2025.04.21

Paraguayan Tugboat Succumbs to Waters of Rio de la Plata; Prompt Argentine Response Saves All Crew: Buenos Aires, Argentina – A Paraguayan-flagged tugboat met with disaster on the Rio de la Plata late Friday evening, prompti ...; Ana Fernanda Reporter 2025.04.21

American Airlines Flight Declares Emergency Over Paraguay, Returns to Argentina: Buenos Aires, Argentina – An American Airlines flight en route from Buenos Aires, Argentina, to Miami, USA, was compelled to ...; Ana Fernanda Reporter 2025.04.21

Tragic School Bus Overturn in South Carolina Claims Young Life, Injures Dozens: Chester County, SC – A pall of sorrow has fallen over the Lexington School District Two community following a devastating si ...; Eunsil Ju Reporter 2025.04.21

Busung 2-dong, Cheonan City, Exhibits 'Busungi' Transformed into a Swan at Seongseong Lake Park: Busung 2-dong (Dong Mayor Kwon Hee-jeon) of Cheonan City announced on the 21st that the large swan sculpture ‘Busungi’ ...; HONG MOON HWA Senior Reporter 2025.04.21

Cheonan City Corporation Actively Participates in City-Wide Campaign to Boost Birth Rates: CHEONAN, SOUTH KOREA – Cheonan City Corporation, under the leadership of President Shin Gwang-ho, has enthusiastically joine ...; HONG MOON HWA Senior Reporter 2025.04.21

Children's Imagination and Family Voices to Fill Children's Day: CHEONAN, SOUTH KOREA - In anticipation of the 103rd Cheonan City Children's Day celebration on May 5th, Cheonan City held the seco ...; HONG MOON HWA Senior Reporter 2025.04.21

Cheonan City Partners with Google Cloud to Implement AI-Powered Smart Administration: Cheonan-si, South Korea – Cheonan City has joined forces with Google Cloud Korea to usher in an era of artificial intelligen ...; HONG MOON HWA Senior Reporter 2025.04.21

Daejeon Forges Collaborative Path Towards a Healthier Citizenry at Public Health Roundtable: DAEJEON, SOUTH KOREA – Daejeon Metropolitan City convened key stakeholders in public health on Monday, April 21st, 2025, for ...; KO YONG-CHUL Reporter 2025.04.21

Daejeon Focuses on Synergies Between Carbon Neutrality and Public Health at Earth Day Seminar: DAEJEON, SOUTH KOREA – In a timely observance of the 55th annual Earth Day and the encompassing Climate Change Week, Daejeon ...; KO YONG-CHUL Reporter 2025.04.21

Daejeon Metropolitan City and Hanbat National University to Lead Regional Innovation Centered on Semiconductors: Daejeon Metropolitan City and Hanbat National University are jointly charting the future of South Korea's semiconductor industry. ...; HONG MOON HWA Senior Reporter 2025.04.21