Global Economic Times

2026.07.23 (Thu)
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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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Libyan Prime Minister Launches Major Investment Mall Project, Aiming for 17-Month Completion: Ana Fernanda Reporter; 2025.03.08

Jeju to Expand 'Car-Free Street Walking' Event: Promoting Health, Carbon Neutrality, and Local Economy: Desk; 2025.03.07

Jeju's Tamnaneunjeon QR Payment Service Expands Nationwide and Globally: Hwang Sujin Reporter; 2025.03.07

Jeju Island Bans Single-Use Products in Public Sector and Strengthens Private Collaboration Starting 2025: Yim Kwangsoo Correspondent; 2025.03.07

Landmark Bill Passed: Private School Teachers in Korea to be Allowed Secondments: Desk; 2025.03.07

South Korea Invests in Digitalizing Cyber Universities for Enhanced Online Education: Min Gyu Mi Reporter; 2025.03.07

AI Counseling Chatbot 'Sangnyangyi' Gains Attention as a Problem Solver for Youth: Hwang Sujin Reporter; 2025.03.07

Korean Ministry of Education Launches Comprehensive Textbook Book Database on "Reading Road" Platform: Min Gyu Mi Reporter; 2025.03.07

South Korean Teens Grapple with Smartphone Over-Dependence: Calls for Regulation Intensify: Eunsil Ju Reporter; 2025.03.07

Shinhan Bank Faces Second Financial Accident This Year, Employee Embezzles 1.7 Billion Won: Global Economic Times Reporter; 2025.03.07

Gyeonggi Education Office Requests Police Investigation for Children Absent from Preliminary Elementary School Enrollment: Min Gyu Mi Reporter; 2025.03.07

Korea's Largest Pet Festival, '2025 DangDang Trekking,' to be Held at High1 Resort: Hwang Sujin Reporter; 2025.03.07

Soothing Scandinavian Sauna to Grace Inje's Gaetgol Nature Recreation Forest: Desk; 2025.03.07

Gangneung City to Transform into a Leading Garden and Arboretum Destination: Hwang Sujin Reporter; 2025.03.07

Illegal Course Trading Thrives on South Korean University Campuses: Hwang Sujin Reporter; 2025.03.07

Organized Online Fraud Ring Busted, Victims Left with Little Recourse: Desk; 2025.03.07

Daegu's Nam-gu District Pushes Forward with Apsan Monorail Project Amidst Opposition: Hee Chan Kim Reporter; 2025.03.07

55 Fast Food Restaurants in South Korea Cited for Violating Food Sanitation Laws: Hwang Sujin Reporter; 2025.03.07

South Korea Launches Nationwide Crackdown on Drug Crimes, Leveraging AI Technology: Yim Kwangsoo Correspondent; 2025.03.07