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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Climate Change Linked to Increased Wildfire Damage: KO YONG-CHUL Reporter; 2025.02.16

China's claim on Korean poet Yoon Dong-joo sparks outrage: KO YONG-CHUL Reporter; 2025.02.16

Busan Port to Enhance Competitiveness with Transhipment Monitoring System: Desk; 2025.02.16

Wonju City to Hold Grand Opening Ceremony for Sogeumsan Grand Valley Cable Car: Desk; 2025.02.16

Gyeongsangbuk-do Supports Medical Care for Foreigners in Need: Desk; 2025.02.16

Beyond the Basics: Exploring the Unique World of Special Pork Cuts in Korea: Hwang Sujin Reporter; 2025.02.15

Phishing Scam Alert: Impersonating Postal Workers for Personal Information: KO YONG-CHUL Reporter; 2025.02.15

Overseas Direct Purchase Fraud Soars, Driven by Social Media Ads: KO YONG-CHUL Reporter; 2025.02.15

Gold Bar Shortage Hits Banks Amidst Soaring Gold Prices, Leaving Jewelers in the Lurch: Yim Kwangsoo Correspondent; 2025.02.15

People Power Party Apologizes for Erroneous Commentary on Constitutional Court Acting Chief Justice Moon Hyung-bae: KO YONG-CHUL Reporter; 2025.02.15

Yongin City to Shorten Folk Village Parking Lot Occupancy Permit Period and Promote Public Use Plan: Desk; 2025.02.15

LA County District Attorney Expands Korean Support Services and Cracks Down on Crime in Koreatown: PETER KO; 2025.02.15

Peru's Agricultural Exports Reach Record High in 2024: KO YONG-CHUL Reporter; 2025.02.14

EU Reinforces Commitment to Sustainable Water and Sanitation Investment in Peru: KO YONG-CHUL Reporter; 2025.02.14

Mutual Fund Assets in Panama Reach Record High of $13.2 Billion: Pedro Espinola Special Correspondent; 2025.02.14

Mincetur Joins "Zero Plastic 2040 Campaign" to Champion Coastal Preservation: Pedro Espinola Special Correspondent; 2025.02.14

Spain to Ban Commercial Calls from Mobile Numbers in 2025: Graciela Maria Reporter; 2025.02.14

Grupo Roble Announces Major Investment in El Salvador's Development: Eugenio Rodolfo Sanabria Reporter; 2025.02.14

Opposition Defaces Historic Center of San Salvador in Protest of Mining Law: Ana Fernanda Reporter; 2025.02.14

El Salvador and UAE Explore Cultural Exchange to Strengthen Ties: Ana Fernanda Reporter; 2025.02.14