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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Indonesia Faces Severe Flood Risk as Wetlands Decimated by Widespread Damage: JAKARTA, INDONESIA - A recent report reveals that rampant development has placed nearly half of Indonesia's wetlands at risk of fl ...; KIM YOUNG MIN 2025.04.08

Indonesia's Quiet Militarization Under President Subianto: A Retreat from Civilian Supremacy: Jakarta, Indonesia - In early 2025, Indonesia's passage of a revised National Armed Forces (TNI) Law is triggering significant une ...; Eugenio Rodolfo Sanabria Reporter 2025.04.08

Hong Kong Unveils Smart Water Management Vision, Pioneering Sustainable Future Through Tech Innovation: Hong Kong - Harnessing the power of innovation and technology, Hong Kong is aggressively pursuing a sustainable smart water manage ...; Desk 2025.04.08

Korean Air Pilots Brawl in Australia Over Political Dispute Involving Former President Yoon's Impeachment: SEOUL, SOUTH KOREA – April 7, 2025 – A politically charged altercation between two Korean Air pilots, a captain and a ...; Desk 2025.04.07

Soaring University Tuition and Kindergarten Fees Drive Education Inflation to Post-Financial Crisis High in South Korea: SEOUL, SOUTH KOREA – South Korea is experiencing a significant surge in education costs, with the education inflation rate c ...; Desk 2025.04.07

Daejeon Bolsters Support for Small Businesses Facing Legal Challenges with Comprehensive Aid Program: DAEJEON, SOUTH KOREA – In a proactive move to shield local small business owners from the growing complexities of legal disp ...; KO YONG-CHUL Reporter 2025.04.07

Daejeon Bolsters Tap Water Safety with AI-Powered Water Quality Prediction System: DAEJEON, SOUTH KOREA – The Daejeon Metropolitan City Waterworks Authority has announced a significant step forward in ensuri ...; Global Economic Times Reporter 2025.04.07

Seoul Launches 'Home Helper' Program to Support Disabled Parents with Childbirth and Childcare: SEOUL, SOUTH KOREA – The Seoul Metropolitan Government has announced a significant initiative to support disabled parents fa ...; Hwang Sujin Reporter 2025.04.07

Seoul Volunteer Center Launches Initiative to Combat Social Isolation and Reach Underserved Communities: SEOUL, SOUTH KOREA – The Seoul Volunteer Center (SVC) has announced a call for applications from non-profit organizations (N ...; Desk 2025.04.07

Namdong-gu Urban Management Corporation Takes Root in Carbon Neutrality with Tree Planting Initiative: INCHEON, SOUTH KOREA – The Namdong-gu Urban Management Corporation (NDUMC) in Incheon is actively demonstrating its commitme ...; Hwang Sujin Reporter 2025.04.07

Incheon Education Office Launches After-School Korean Language Program for Immigrant Background Students in Yeonsu-gu: INCHEON, SOUTH KOREA – The Incheon Metropolitan City Office of Education, led by Superintendent Do Seong-hoon, has announced ...; KO YONG-CHUL Reporter 2025.04.07

Incheon's Yeonsu-gu Pioneers Social Integration with Innovative 'Dagachi Baeumteo' Center: INCHEON, SOUTH KOREA – Yeonsu-gu, a district in Incheon rapidly establishing itself as a prominent international hub in Sout ...; Hwang Sujin Reporter 2025.04.07

Incheon Enhances Commuter Convenience with Real-Time Seat Availability on Airport-Bound Buses: INCHEON, SOUTH KOREA – The Incheon Metropolitan City government has announced a significant upgrade to its public transporta ...; KO YONG-CHUL Reporter 2025.04.07

Prestigious British School, Wycombe Abbey, to Establish First International Campus on Yeongjong Island: INCHEON, SOUTH KOREA – Yeongjong Island, a key component of the Incheon Free Economic Zone (IFEZ), is poised to welcome its ...; Desk 2025.04.07

Korean Dental Association Gears Up for Centennial Celebration and International Dental Congress in Incheon: INCHEON, SOUTH KOREA – The Korean Dental Association (KDA), the national organization representing 37,000 dentists, is set ...; KO YONG-CHUL Reporter 2025.04.07

Incheon's Land Area Expands Significantly, Boosting Economic Value by $1.7 Billion: INCHEON, SOUTH KOREA – Incheon's total land area has expanded to 1,069.5 square kilometers (approximately 412.9 square miles ...; Min Gyu Mi Reporter 2025.04.07

Gimpo City Launches "70 Imagination King" Contest to Foster Innovative Governance: GIMPO, SOUTH KOREA – The city of Gimpo, under the leadership of Mayor Kim Byung-soo, has announced an engaging initiative to ...; KO YONG-CHUL Reporter 2025.04.07

Gimpo Cherry Blossom Festival Rescheduled to April 12th Amid Weather Delays and National Wildfire Crisis: GIMPO, SOUTH KOREA – Gimpo City in Gyeonggi Province has announced a one-week postponement of its highly anticipated ‘ ...; ONLINE TEAM 2025.04.07

Gimpo Elementary School Fosters Love of Reading with Innovative 'Reading Moms' Program: GIMPO, SOUTH KOREA – Gimpo Elementary School, under the leadership of Principal Choi Jae-sook, has launched an engaging init ...; Hwang Sujin Reporter 2025.04.07

Gimpo City Embarks on Ambitious Green Initiative, Plans 3km Scenic Forest Path along Daebo Stream: GIMPO, SOUTH KOREA – Building upon its commitment to expanding green infrastructure, Gimpo City in Gyeonggi Province has ann ...; KIM YOUNG MIN 2025.04.07