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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Seollal Holiday Rush Begins: Afternoon Traffic Congestion Expected Today: Min Gyu Mi Reporter; 2026.02.13

Chinese Tourists Depart Korea After Allegedly Assaulting Gyeongbokgung Guard; Outcry Over "Law Enforcement Gap": KO YONG-CHUL Reporter; 2026.02.13

Korea-Italy Strategic Dialogue Held: Strengthening Cooperation in High-Tech Industries and Follow-up on Summit Diplomacy: KO YONG-CHUL Reporter; 2026.02.12

The South Korean AI Basic Act: A Boon for Innovation or a Gift to Global Big Tech?: ONLINE TEAM; 2026.02.11

"Legacy Can Wait": South Korea Boosts Reverse Mortgage Payments to Tackle Elderly Poverty: Desk; 2026.02.11

Participation in the 1st APEC Senior Officials’ Meeting… Discussions on Succeeding the Achievements of the 2025 Summit: KO YONG-CHUL Reporter; 2026.02.11

Parnas Hotel to Redefine Luxury Aging with ‘Soyo Hannam’ Launch in March: JEONG CHAN MYEONG Senior Reporter; 2026.02.09

Army Attack Helicopter Crashes During Training in Gapyeong; Two Pilots Confirmed Dead: Yim Kwangsoo Correspondent; 2026.02.09

Prosecutors Seek Arrest Warrants for Rep. Kang Sun-woo and Former Councilor Kim Kyung Over ‘Nomination Bribery’ Scandal: KO YONG-CHUL Reporter; 2026.02.09

Ambassador for Arctic Affairs Chung Byung-ha Attends ‘Arctic Frontiers 2026’… Discusses Strengthening Arctic Cooperation: KO YONG-CHUL Reporter; 2026.02.07

Ministry of Health to Overhaul National University Hospitals: Shift to Vital Healthcare Hubs Begins this August: KO YONG-CHUL Reporter; 2026.02.05

"Climate Intelligence" to Shape National Competitiveness: 6223 Future Forum Concludes 9th Symposium: LEE YEON SIL Reporter; 2026.02.04

Daejeon City Visits Sapporo, Japan for 15th Anniversary of Sister City Relationship… Strengthening Economic and Cultural Cooperation: HONG MOON HWA Senior Reporter; 2026.02.03

Fire Breaks Out at SPC Samlip Factory in Siheung: Three Injured, Dozens Evacuated: Kim Sungmoon Reporter; 2026.02.03

Disney Shares Plunge Despite Earnings Beat as “Trump Effect” Clouds Outlook: Graciela Maria Reporter; 2026.02.03

Musk Announces SpaceX Acquisition of xAI: A $1.25 Trillion "Interstellar Engine": Eugenio Rodolfo Sanabria Reporter; 2026.02.03

Prosecutors Indict Pastor Jun Kwang-hoon for Inciting Violent Court Protest: KO YONG-CHUL Reporter; 2026.02.03