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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South Korea Denies North’s "Drone Incursion" Claims; Debris Found to Contain Commercial Parts: KO YONG-CHUL Reporter; 2026.01.10

Large-scale Wildfire Breaks Out in Uiseong, North Gyeongsang Province; Level 2 Emergency Response Issued Amid Resident Evacuations: KO YONG-CHUL Reporter; 2026.01.10

"You Are Our Heroes": Singaporean Hikers Send Gratitude to Korean Rescuers: Hwang Sujin Reporter; 2026.01.09

Seoul Expands Citizen Safety Insurance to Cover Sinkhole Injuries and Deaths: Desk; 2026.01.09

“Dedicated Department to Support Resettlement of Returning Overseas Koreans”... Overseas Koreans Agency Establishes ‘Returning Koreans Resettlement Support Division’: KO YONG-CHUL Reporter; 2026.01.08

The Algorithmic Abyss: How Digital Echo Chambers are Fracturing Modern Politics: Hwang Sujin Reporter; 2026.01.08

ROK Air Force to Recruit High Schoolers as "Pre-NCO Candidates" to Combat Personnel Shortage: Desk; 2026.01.08

Hyundai’s ‘Physical AI’ Metamorphosis: Chung Euisun Leads 130 Executives to CES 2026: Hwang Sujin Reporter; 2026.01.08

Crisis of Credibility: South Korea’s Human Rights Commission Paralized by Political Strife and Internal Scandals: KO YONG-CHUL Reporter; 2026.01.08

Park Jie-won Calls for 'Expulsion' of Kim Byung-ki Amid Corruption Scandal: "A Necessary Sacrifice for the Party": Desk; 2026.01.07

Daejeon Pavilion Opens at CES 2026… Moving Beyond Simple Exhibition Toward Tangible Results: HONG MOON HWA Senior Reporter; 2026.01.07

Four Officials Referred to Prosecution Over Severe ‘High-Pressure Water Gun’ Injury at Ansan Water Festival: KIM YOUNG MIN; 2026.01.07

Koryoin Youth Enhance Job Competency by Learning Hotel Services in Their Motherland: KO YONG-CHUL Reporter; 2026.01.07

Coastal Erosion in Gangneung Reaches Critical Levels: "Waves Swallowing Roads": HONG MOON HWA Senior Reporter; 2026.01.06

"Submit Your Chat History": Professors Grapple with AI Integration in Universities: Hee Chan Kim Reporter; 2026.01.06

Ministry of Trade to Launch Special Audit into KCCI Over APEC CEO Summit Budget Mismanagement: KO YONG-CHUL Reporter; 2026.01.06

S. Korean Foreign Ministry Prepares Evacuation Plan for Nationals Following U.S. Airstrikes in Venezuela: Kim Sungmoon Reporter; 2026.01.06

Allegations of Influence Peddling: Rep. Kim Byung-kee Accused of Pressuring Police Over Wife’s "Law Card" Scandal: KO YONG-CHUL Reporter; 2026.01.06

Military Officer Accused of Drafting "Torture and Drug-Induced Confession" Manual Promoted to Colonel: KO YONG-CHUL Reporter; 2026.01.06

85% of Deepfake Pornography Sites Remain Accessible Despite Gov’t Blocking Orders: Audit: Desk; 2026.01.06