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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Georgia Grapples with Top-Tier Scam Activity: Residents Warned of Sophisticated Tactics: Georgia has unfortunately earned a reputation as a fertile ground for fraudsters, consistently ranking among the top 10 states nat ...; Eunsil Ju Reporter 2025.04.21

Tackling Demographic Crisis: Lessons from Japan and Germany's Divergent Paths: South Korea's alarmingly low total fertility rate (TFR) of 0.75 in 2024, barely an uptick from the previous year's 0.72, underscor ...; KO YONG-CHUL Reporter 2025.04.20

Chungnam Techno Park Unveils State-of-the-Art Display Innovation Process Center, Bolstering National Competitiveness: Cheonan, South Korea – Chungnam Techno Park (Chungnam TP) is set to inaugurate its groundbreaking Display Innovation Process ...; HONG MOON HWA Senior Reporter 2025.04.20

Daejeon Commemorates Democratic Uprisings with Poetry and Reflection: DAEJEON, SOUTH KOREA – The Daejeon 3.8 Democratic Movement Memorial Hall marked the 65th anniversary of the pivotal April 19 ...; HONG MOON HWA Senior Reporter 2025.04.20

Chungcheongnam-do Celebrates 45th Day of Persons with Disabilities, Pledges Enhanced Inclusivity: Seocheon, Chungcheongnam-do – Chungcheongnam-do Province commemorated the 45th annual Day of Persons with Disabilities on We ...; HONG MOON HWA Senior Reporter 2025.04.20

Chungcheongnam-do Exceeds Greenhouse Gas Reduction Goals, Demonstrating Leadership in National Carbon Neutrality Efforts: Hongseong, Chungcheongnam-do – Chungcheongnam-do Province has emerged as a frontrunner in South Korea's pursuit of carbon ne ...; HONG MOON HWA Senior Reporter 2025.04.20

Cheonan Hongdaeyong Science Museum Ignites Public Curiosity with Engaging Science Month Festivities: CHEONAN, SOUTH KOREA – The Cheonan Hongdaeyong Science Museum is set to transform into a vibrant hub of scientific explorati ...; KO YONG-CHUL Reporter 2025.04.20

Cheonan City Launches Short Film Screenplay Competition to Foster Local Filmmaking Talent: CHEONAN, SOUTH KOREA – The Cheonan Cultural Foundation, under the leadership of CEO Ahn Dong-soon, has announced the upcomin ...; HONG MOON HWA Senior Reporter 2025.04.20

Cheonan Central Library and Pulppuri Hope Foundation Join Forces for Climate Crisis Awareness Initiative: CHEONAN, SOUTH KOREA – Cheonan Central Library, in partnership with the Pulppuri Hope Foundation, has launched an engaging a ...; HONG MOON HWA Senior Reporter 2025.04.20

Cheonan City Unveils English Tourism Guidebook to Attract International Visitors: Cheonan, South Korea – In a strategic move to bolster its appeal to the international tourism market, Cheonan City has offic ...; KO YONG-CHUL Reporter 2025.04.20

Independence Hall Signs MOU with Seodaemun-gu Urban Management Corporation (Seodaemun Prison History Hall): The Independence Hall of Korea (Director Kim Hyung-seok) announced on the 18th that it had signed a Memorandum of Understanding (M ...; HONG MOON HWA Senior Reporter 2025.04.20

Daejeon Invests $4.5 Million to Bolster Pedestrian Safety in Vulnerable Zones: Daejeon Metropolitan City, South Korea – Daejeon City has announced a significant investment of 4.5 billion KRW (approximate ...; KO YONG-CHUL Reporter 2025.04.20

Kookmin University's "Net-Zero" Club Champions Sustainability with Umbrella Sharing Program: Kookmin University is embracing the principles of a sharing economy with the launch of a new campus-wide umbrella sharing initiati ...; KIM YOUNG MIN 2025.04.20

Soaring Summer Temperatures Prompt Early Launch of Cooling Hygiene Products in South Korea: Anticipating a longer and hotter summer than usual, as predicted by meteorological agencies, South Korea's hygiene product industr ...; KO YONG-CHUL Reporter 2025.04.20

Busan's New Cultural Landmark in Yeongdo to Be Named by Citizens: Busan is set to unveil a new multi-cultural complex in the Dongsam Innovation District of Yeongdo-gu, and in a move to foster civi ...; KO YONG-CHUL Reporter 2025.04.19

Sejong City to Host Inaugural "Night Out Week" Featuring Lakeside Fire Blossom Festival and Rooftop Garden Illumination: Sejong City is inviting residents and visitors to embrace the enchanting ambiance of spring evenings with its inaugural "Night Out ...; HONG MOON HWA Senior Reporter 2025.04.19

Pyeongtaek City Embraces AI-Powered Recycling with Smart PET Bottle Collection Machines: Pyeongtaek City is taking a significant leap forward in its efforts to promote resource recycling by implementing an artificial in ...; KIM YOUNG MIN 2025.04.19

Springtime in Jeju Blooms with Festivals Celebrating Local Delicacies: Horned Whelk and Bracken Fern Take Center Stage: As the vibrant hues of spring fully embrace the island of Jeju, a series of captivating festivals are set to unfold, each celebrat ...; Desk 2025.04.19

Walking Through a Millennium of History: Exploring Jeju City's Seongan Olle Trails: On a warm spring day, one finds solace and discovery along the Seongan Olle trails, pathways steeped in the thousand-year history ...; Hwang Sujin Reporter 2025.04.19

Tons of Seaweed Blanket Jeju Beaches, Triggering Clean-Up Efforts and Ecological Concerns: The idyllic shores of Jeju Island, renowned for their pristine white sands and azure waters, are currently facing an unusual envir ...; KIM YOUNG MIN 2025.04.19