Global Economic Times

2026.07.21 (Tue)
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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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Ministry of Planning and Budget Pioneers AI-Powered Mobile Workspace, Signaling New Era for Public Administration: Global Economic Times Reporter; 2026.05.05

Fear Over Liability: Why 96% of Korean Elementary Teachers Are Saying ‘No’ to Field Trips: KO YONG-CHUL Reporter; 2026.05.04

'Lotto Apartment' Fever: Seoul Sees 90,000 Applications in March as Subscription Market Heats Up: Hwang Sujin Reporter; 2026.05.04

Lim Tae-hee Pledges to Ease School Uniform Costs, Proposing 400,000 Won Support for Casual Wear: Kim Sungmoon Reporter; 2026.05.02

Samsung Biologics Faces First-Ever Strike: Cancer Drug Production Halted Amid $110 Million Loss: KO YONG-CHUL Reporter; 2026.05.02

Kurly Abandons 'All-Paper' Packaging Strategy Amid Rising Cost Pressures: KO YONG-CHUL Reporter; 2026.04.28

Pentagon’s Arsenal Drained by Iran Conflict: Mounting Fears Over Deterrence Gaps in Korea and Taiwan: Yim Kwangsoo Correspondent; 2026.04.25

South Korea Fines Paper Cartel $245M for Systematic Price Fixing: KO YONG-CHUL Reporter; 2026.04.25

South Korea Expands Child Allowance: 2017-born Children to Receive Up to ₩480,000 this Month: Yim Kwangsoo Correspondent; 2026.04.25

Blue House Secures 74 Million Barrels of Oil for May; Moves to Slash Middle East Reliance: Global Economic Times Reporter; 2026.04.25

Secondary Battery Boom Ignites: Samsung SDI, LG Energy Solution Surge Over 5% in Pre-market: Desk; 2026.04.22

Lee Jae-yong’s Vision Vindicated: Samsung’s $8B Harman Deal Doubles Revenue to $12B in a Decade: KO YONG-CHUL Reporter; 2026.04.22

MAFRA Unveils Success in Integrated Rural Care: Synergizing Social Farming and Medical Services: ONLINE TEAM; 2026.04.21

Generative AI Use Triples Among Seoul Citizens, but Digital Divide Persists for Seniors: Hwang Sujin Reporter; 2026.04.21

60-Year-Old Man Sentenced to 27 Years in Prison for Killing Wife Immediately After Restraining Order Expired: KO YONG-CHUL Reporter; 2026.04.19

K-Innovation Hits Record High: Over 27,000 Public Ideas Flood the ‘Everyone’s Idea’ Project: KIM YOUNG MIN; 2026.04.19

LG Uplus Employees Extend Helping Hand to Visually Impaired Family in Medical Crisis: Kim Sungmoon Reporter; 2026.04.19

"Is This Really the U.S. Army?" Outrage Grows Over Poor Rations for Troops Deployed in the Middle East: KO YONG-CHUL Reporter; 2026.04.19

AX Era Demands Immediate Shift to ‘Zero Trust’ Security Following Year of Unprecedented Breaches: Hwang Sujin Reporter; 2026.04.14

South Korea Leads World in AI Patents per Capita, Narrowing Gap with U.S. and China: Desk; 2026.04.14

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