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 Korean 'Yong Hyung-nim' Crime Ring, Based in Thailand, Busted for Romance Scams and 'No-Show' Fraud: Global Economic Times Reporter; 2025.09.22

Korean Government to Dramatically Increase Penalties for Personal Data Leaks: KO YONG-CHUL Reporter; 2025.09.22

S. Korea Aims to Leverage U.S. Visa Fee Hike for Talent Recruitment: Global Economic Times Reporter; 2025.09.22

South Korea: Gangneung's Drought Crisis Eases as Reservoir Levels Recover: Hwang Sujin Reporter; 2025.09.22

Han Hak Ja Moon, Unification Church Leader, Appears in Court for Detention Hearing in a Wheelchair: KO YONG-CHUL Reporter; 2025.09.22

President Lee Jae-myung Pushes for 'Smart and Elite Military' Amidst Defense Shifts: Yim Kwangsoo Correspondent; 2025.09.21

U.S. H-1B Visa Fee Hike Threatens International Students and Tech Industry: Global Economic Times Reporter; 2025.09.21

The U.S. is raising its ESTA fee to almost double, from ₩30,000 to ₩60,000.: KO YONG-CHUL Reporter; 2025.09.21

Special Counsel Probes Alleged Mass Membership of Unification Church Members in People Power Party Ahead of National Convention: KO YONG-CHUL Reporter; 2025.09.21

Seoul's "River Bus" Project Sinks Amidst Public Apathy: KO YONG-CHUL Reporter; 2025.09.19

Jeju Stone Wall Building Designated as Intangible Cultural Heritage... A Challenge for UNESCO Intangible Cultural Heritage of Humanity, Too: Global Economic Times Reporter; 2025.09.19

Chairperson Lee Jin-sook of the Korea Communications Commission Sent to Prosecution on Embezzlement Allegations: KO YONG-CHUL Reporter; 2025.09.19

S. Korean PM Orders "Strong Action" on Anti-China Protests: Hwang Sujin Reporter; 2025.09.19

North Korea Unveils New "Geumseong" Suicide Drones, Signaling Strategic Military Advancements: Desk; 2025.09.19

South Korea Launches New ₩400 Billion Aid Package to Bolster Steel Exports Amidst U.S. Tariffs: KO YONG-CHUL Reporter; 2025.09.19

Special Prosecutor Links 120,000 Party Members to Unification Church List: KO YONG-CHUL Reporter; 2025.09.19

Beware of Illegal "Miracle" Weight-Loss Drugs: Shin Yeju; 2025.09.19

Unresolved Questions Linger in KT Payment Fraud Case: KO YONG-CHUL Reporter; 2025.09.19

U.S. States Scramble to Retain Korean Investment Amid Visa Crackdown: Hwang Sujin Reporter; 2025.09.19

Lotte Card Apologizes for Major Data Breach, Pledges Full Compensation: Hwang Sujin Reporter; 2025.09.19