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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Police Launch Investigation into Data Breach of Seoul’s ‘Ttareungyi’ Bike-Sharing Service: Kim Sungmoon Reporter; 2026.01.30

The 'Dujjonku' War: Major Food Brands Clash Over Dubai-Style Desserts: Hwang Sujin Reporter; 2026.01.30

S. Korea Braces for Influx of Chinese Tourists as Lunar New Year Approaches: KO YONG-CHUL Reporter; 2026.01.30

'AI Bus' Connecting Daejeon and Sejong Navigates Complex Urban Challenges: HONG MOON HWA Senior Reporter; 2026.01.29

‘Encore Nonsan Strawberry,’ D-7 Until the 2026 Nonsan Overseas Agricultural Food Fair: KO YONG-CHUL Reporter; 2026.01.29

Former Unification Church Leader Yun Young-ho Sentenced to 1 Year and 2 Months for Bribery and Illegal Solicitation: KO YONG-CHUL Reporter; 2026.01.29

"Increase of 100 Single-Person Households Creates 27 Local Jobs: Boosting Service Consumption": Min Gyu Mi Reporter; 2026.01.29

Koreans Living in Fear Amid U.S. Immigration Crackdown: "Being Asian is a Risk": Global Economic Times Reporter; 2026.01.29

Korean Residents Association of Brazil Provides Free Medical Services to 40 People in First Outreach of 2026: KO YONG-CHUL Reporter; 2026.01.29

Korean Cultural Center in Germany Showcases Cultural Stage Combining Hansik and Hallyu at Berlin’s "Grüne Woche": KO YONG-CHUL Reporter; 2026.01.27

Digital Diplomacy on the Rift: Germany to Host Tri-Nation LoL Tournament for Korea and Japan: Desk; 2026.01.26

Billionaire Exodus: Don Hankey Flees California for Nevada Amid $400 Million Wealth Tax Threat: Ana Fernanda Reporter; 2026.01.26

Nobel Laureate Demis Hassabis Cautions Against AI Overinvestment: "A Correction May Be Coming": Eugenio Rodolfo Sanabria Reporter; 2026.01.26

Non-Incorporated "Shincheonji" Receives Billions in Tax Exemptions for $30M Temple Complex: KO YONG-CHUL Reporter; 2026.01.26

Prosecutors Under Fire After Seized Bitcoin Vanishes Due to Alleged "Phishing": Desk; 2026.01.26

NTS Launches Probe into Mega-Bakery Cafes Used as ‘Tax Havens’ for Wealthy Inheritors: Global Economic Times Reporter; 2026.01.26