Global Economic Times

2026.07.21 (Tue)
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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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Seoul Metro to Ban Personal Mobility Devices and High-Capacity Lithium Batteries Starting July: Kim Young Min Reporter; 2026.06.27

South Korea’s Bid for MSCI Developed Market Status Stalls Again: Hee Chan Kim Reporter; 2026.06.24

President Lee Steps Up Regional Growth Blueprint, Putting AI and Chips at the Center: Hwang Sujin Reporter; 2026.06.24

Is the AI Investment Frenzy a Giant Warning Sign? Wall Street Raises Concerns About Potential Bubble: Graciela Maria Reporter; 2026.06.22

Two South Korean-Operated Vessels Exit Strait of Hormuz Following U.S.-Iran Ceasefire Agreement: Desk; 2026.06.22

Early Summer Heat Waves Drive Surge in Convenience Store Sales at Coastal Locations: Hwang Sujin Reporter; 2026.06.22

President Lee Calls for Constitutional Reform of Election Commission Amid Controversy: KO YONG-CHUL Reporter; 2026.06.20

The "BTS Effect": How a K-Pop Mega-Event Transformed Busan’s Economy: Min Gyu Mi Reporter; 2026.06.20

Coffee Grounds in the Garden: A Natural Pesticide or a Risky Habit?: Yim Kwangsoo Correspondent; 2026.06.20

Beyond the Propaganda: North Korea’s "Luxury" Food Display and the Reality of Growing Inequality: KO YONG-CHUL Reporter; 2026.06.20

Messaging Industry Pushes Back Against New Anti-Spam Regulations, Citing 'Inefficiency and Structural Flaws': Hwang Sujin Reporter; 2026.06.18

Asking about the Future of ‘Hangeul City Ulsan’… Special Lecture by Novelist Kim Jin-myung to be Held: Global Economic Times Reporter; 2026.06.17

Seoul City Council Proposes Ordinance to Expand Free Public Transit for Seniors to Buses: Hwang Sujin Reporter; 2026.06.16

Rediscovering a ‘World Where People Live’ 20 Years After the Hwang Woo-suk Scandal: A New Era of Science and Collective Intelligence: HONG MOON HWA Senior Reporter; 2026.06.15

'K-Medicine' Sweep Drives Foreign Medical Spending in Korea to Record High of 250 Billion Won: Hee Chan Kim Reporter; 2026.06.14

"More Than in Winter": Why Stray Cats Hide in Car Engine Rooms in June: Ana Fernanda Reporter; 2026.06.14

Beyond the Numbers: The Science of ‘11 Brix’ and the Secret to Picking the Perfect Watermelon: Kim Sungmoon Reporter; 2026.06.14

Samsung Electronics Launches 12th Annual Programming Challenge for University Students to Foster Tech Talent: Kim Sungmoon Reporter; 2026.06.13

SAMSUNG, FERRARI LEAD NEW ERA OF KOREA-ITALY ECONOMIC ALLIANCE IN ROME: KO YONG-CHUL Reporter; 2026.06.13

4 in 10 New Property Owners in Seoul are First-Time Buyers, Led by 30s: Hwang Sujin Reporter; 2026.06.11

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