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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'Digital Border' Rises: South Koreans Rush to Erase Social Media Ahead of U.S. Visits: ONLINE TEAM; 2025.12.27

Cold Wave Hits Korea: Thermal Wear and Padded Jackets Fly Off the Shelves: Min Gyu Mi Reporter; 2025.12.27

End of the ‘Baby Exporter’ Era: South Korea to Halt Overseas Adoptions by 2029: Hwang Sujin Reporter; 2025.12.27

Coupang Faces Intense Backlash Over ‘Self-Investigation’ Into Massive Data Leak: KIM YOUNG MIN; 2025.12.27

Shinsegae Group Suffers Data Breach Affecting 80,000 Employees and Partners: KO YONG-CHUL Reporter; 2025.12.27

South Korea Expands Menstrual Product Support for Vulnerable Youth Following Presidential Directive: Hwang Sujin Reporter; 2025.12.27

MOFA: "Carrying Items for Others Abroad Risks Involvement in Drug Crimes": Global Economic Times Reporter; 2025.12.27

Dangerous "Pranks": Elderly Passenger Faces Criminal Charges for Tampering with Emergency Exit: Hee Chan Kim Reporter; 2025.12.25

South Korea Ranks 15th Globally in Beer Consumption; Per Capita Intake Exceeds 70 Bottles Annually: Desk; 2025.12.25

Busan Court Sentences 20-Year-Old to Prison for AI-Generated Medical Document Forgery and Insurance Fraud: KO YONG-CHUL Reporter; 2025.12.25

Presidential Office to Return to ‘Blue House’ on the 29th; Phoenix Flag to be Hoisted at Midnight: KO YONG-CHUL Reporter; 2025.12.24

Government Cracks Down on Illicit Real Estate Trades: Minors Amassing 25 Properties: KO YONG-CHUL Reporter; 2025.12.24

S. Korea Ranks 15th Globally in Beer Consumption: 70 Bottles Per Capita: Graciela Maria Reporter; 2025.12.24

Hwang Hana Apprehended in Cambodia After Fleeing Drug Charges: KO YONG-CHUL Reporter; 2025.12.24

S. Korean Government to Shift Oxygen Humidifier Disinfectant Tragedy to 'State Liability' Framework: Desk; 2025.12.24

Waning Trust: Western Allies View U.S. as an ‘Unreliable and Destabilizing Force’: Pedro Espinola Special Correspondent; 2025.12.24

Survey: Half of Pregnant Women Lack Perceived Social Support; 41% Face Workplace Pressure: Shin Yeju; 2025.12.23

Surge in Financial Abuse of Elderly with Dementia: Family Members and Gaps in Protection: Global Economic Times Reporter; 2025.12.23

Shinsegae Simon Transforms Premium Outlets into a Magical "Winter Wonderland": ONLINE TEAM; 2025.12.21

Japan's Luxury Stays Now "Affordable": Hotel Prices Plummet Amid China Exit: Desk; 2025.12.21