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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Asiana Airlines to Require Passengers to Stow Own Carry-on Bags: KO YONG-CHUL Reporter; 2024.12.03

Duty-Free Shoppers Shift to Specialty Stores: South Korea's Duty-Free Industry Struggles: Hwang Sujin Reporter; 2024.12.03

Kumho Petrochemical CEO Honored for ESG Leadership: Desk; 2024.12.03

South Korea Lags Behind Neighbors in Food Security, Report Finds: Hwang Sujin Reporter; 2024.12.02

NH Nonghyup Bank Offers Financial Relief to Snowstorm Victims: Global Economic Times Reporter; 2024.12.02

Kakao to Open Daum Portal to New Media Outlets: KO YONG-CHUL Reporter; 2024.12.02

Korea Expands Road Weather Hazard Information Service: ONLINE TEAM; 2024.12.02

Chungcheong Region Urges Corporations to Lead in Charity Drive: HONG MUN HWA Senior Reporter; 2024.12.02

Chungbuk Credit Unions Brace for Simultaneous Elections Amid Bribery Concerns: HONG MUN HWA Senior Reporter; 2024.12.02

Daejeon's Urban Integration Zone: A Stalled Engine: HONG MUN HWA Senior Reporter; 2024.12.02

EcoPro Recognized as a Community Contribution Company for 6 Consecutive Years: HONG MUN HWA Senior Reporter; 2024.12.02

Residents of DaeCheong Lake Area Demand Regulatory Easing: HONG MUN HWA Senior Reporter; 2024.12.02

Chungnam National University and Kongju National University to Merge: ONLINE TEAM; 2024.12.02

Musinsa Standard Surpasses 10 Million Visitors in Physical Stores: ONLINE TEAM; 2024.12.02

Hanwha Galleria Launches Generous Childcare Support Fund: Hwang Sujin Reporter; 2024.12.02

South Korea Seeks to Boost Retirement Income Through Diversified Pension System: Desk; 2024.12.02

Daejeon City Recognizes 12 Companies as Women-Friendly Businesses: Desk; 2024.12.02

Busan Installs Inclined Elevators to Improve Accessibility in Hilly Areas: Hwang Sujin Reporter; 2024.11.30

Busan Hosts Its First International Children's Book Fair: Hwang Sujin Reporter; 2024.11.30

Yeongdeok Coast Geopark to Become a Hub for Eco-Tourism: Desk; 2024.11.30