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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Bucheon City Weaves Art and Mental Wellness, Empowering Youth to Find Their Inner Courage: KO YONG-CHUL Reporter; 2025.08.22

Ex-Presidential Candidate with 17 Convictions Arrested on New Fraud Charges: Hwang Sujin Reporter; 2025.08.22

Former Prime Minister Han Duck-soo Reverses Testimony in Martial Law Probe, Faces Imminent Arrest: KO YONG-CHUL Reporter; 2025.08.22

South Korea Takes Bold Step to Secure Youth's Financial Future: Desk; 2025.08.22

Daejeon Zero O'Clock Festival Sheds 'No-Fun City' Moniker, Becomes Representative Korean Festival with 2.16 Million Visitors: HONG MOON HWA Senior Reporter; 2025.08.21

Geopolitical Tensions Flare as Nepal Reasserts Sovereignty Over Disputed Territories: Ana Fernanda Reporter; 2025.08.21

Indonesia's Stock Market Surges as BI's Fourth Rate Cut Fuels Property and Consumer Rally: Ana Fernanda Reporter; 2025.08.21

President Lee Commits to Backing Businesses, Strengthening Global Competitiveness at Inaugural Ceremony: KO YONG-CHUL Reporter; 2025.08.20

South Korean Supermarkets Hail Success of 'Living Coupons,' Push for Permanent System: Hwang Sujin Reporter; 2025.08.20

Gangneung's Night Markets Emerge as Major Tourist Attractions, Revitalizing the Local Economy: KO YONG-CHUL Reporter; 2025.08.18

South Korean Police Crack Down on 'Fixie' Bicycles: Hwang Sujin Reporter; 2025.08.18

Seoul Cracks Down on Unsanitary Restaurants Amid Summer Heat: Desk; 2025.08.18

LA Korean Education Center - Gyeongbuk Office of Education, Korean Culture Class Training Successfully Held in the U.S.: KO YONG-CHUL Reporter; 2025.08.14

First Lady's Influence-Peddling Scandal: Gifts for Positions: KO YONG-CHUL Reporter; 2025.08.14

Ex-Defense Minister Kim Yong-hyun Accused of Bypassing Military Chain of Command: KO YONG-CHUL Reporter; 2025.08.13

Polar Researchers Identify Natural 'Cooling' Mechanism in the Arctic: Yim Kwangsoo Correspondent; 2025.08.13

Fighting the Drunk: Firefighter Activity Disruption Is on the Rise: Hwang Sujin Reporter; 2025.08.13

Democrats Push to Pass 'Judicial Reform Bill,' Including Expanding Supreme Court Justices to 30, Before Chuseok: Desk; 2025.08.13

I will translate the provided Korean text into English. I will ensure the translation is accurate and maintains the original tone and context.: KO YONG-CHUL Reporter; 2025.08.13

A million foreign talents can drive 6% GDP growth: KCCI report says increasing registered foreigners is key to economic revitalization.: Hwang Sujin Reporter; 2025.08.13