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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Homeplus Faces Supply Halt Amid Restructuring, Labor Unrest: Desk; 2025.03.07

South Korea Considers Immunity for Essential Medical Doctors in Fatal Cases: Desk; 2025.03.07

Tax Authorities Launch Investigation into Tax Evasion Amidst Heated Political YouTube Revenue Competition: KO YONG-CHUL Reporter; 2025.03.07

North Korea Halts Western Tourist Visits After Three Weeks, Citing Unspecified Reasons: Desk; 2025.03.07

Seoul High Prosecutors' Office Review Committee Calls for Arrest Warrants for Presidential Security Officials: KO YONG-CHUL Reporter; 2025.03.07

South Korea's Election Watchdog Engulfed in Hiring Scandal, Faces Calls for Resignation Amidst Legal Hurdles: KO YONG-CHUL Reporter; 2025.03.07

Financial Supervisory Service Launches 'FSS Investment Explorers' Program for Middle and High School Students: Desk; 2025.03.06

Gwangju Metropolitan City Announces Public Nomination for the 38th Citizen's Award: Seeking the Best Citizen: Yim Kwangsoo Correspondent; 2025.03.06

Seoul Metropolitan Government to Issue Additional 74.5 Billion KRW in 'Seoul Love Gift Certificates' to Support Small Businesses: Hwang Sujin Reporter; 2025.03.06

Police Prepare for Emergency Response as President Yoon Suk-yeol's Impeachment Ruling Looms: KO YONG-CHUL Reporter; 2025.03.06

Seoul Doubles Transportation Card Support for Elderly Drivers Voluntarily Surrendering Licenses: Desk; 2025.03.06

Multicultural TV Selected as Public Interest Channel for 2025-2026, Contributing to Enhancing Diversity in Korean Society: Desk; 2025.03.06

Air Force Colonel Sent to Prosecution for Sexual Assault and Attempted Rape of Female Officer: KO YONG-CHUL Reporter; 2025.03.06

Hong Kong Firm to Sell Panama Canal Port Operations to U.S. Consortium Amidst Trump's Trade Route Ambitions: Graciela Maria Reporter; 2025.03.06

Trump Targets South Korea with All-Around Pressure: Tariffs, Investments, and Increased Defense Cost Sharing Possible: Desk; 2025.03.06

Six Out of Ten Seoul Citizens Favor Raising Subway Free Ride Age to 70: Hwang Sujin Reporter; 2025.03.05

South Korea's Tourism Deficit Exceeds $10 Billion Amidst Recovery: Global Economic Times Reporter; 2025.03.05

KHNP Achieves Asia's First Nuclear Green Bond Issuance: Global Economic Times Reporter; 2025.03.05

South Korea Shifts Livestock Disease Control to Local and Private Sectors, Expands AI-Driven Prevention: Global Economic Times Reporter; 2025.03.05

Hyundai Marine & Fire Insurance Expands AI Voice Guidance System for Auto Claims: Desk; 2025.03.05