Global Economic Times

2026.07.21 (Tue)
All articles

LOGIN
JOIN

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

Synthesis

Search: 3,740

"Makgeolli Bath" in Oden Soup: Hygiene Scandal Rocks Taebaek Mountain Snow Festival: (C) Instagram TAEBAEK, Gangwon Province — The Taebaek Mountain Snow Festival, a premier winter celebration in South Korea ...; Hwang Sujin Reporter 2026.02.02

Man Arrested for Setting Massive Reed Field Fire in Changwon, Claiming He Was "Cold": (C) Changwon Fire Headquarters A massive fire that scorched a reed bed near the Susan Bridge in Changwon and forced hundreds of ...; Cho Kijo Reporter 2026.02.02

'120-Day Race' Begins: Preliminary Candidate Registration for June 3 Local Elections Opens Tomorrow: SEOUL — The starting gun for the June 3 nationwide local elections is set to fire tomorrow, February 3, as the registration ...; Desk 2026.02.02

"Bitter Valentine": Japan’s Chocolate Prices Double, Crushing Sales and Traditions: (C) Go Dairy Free TOKYO — As Valentine’s Day approaches, Japan’s confectionery industry is facing a "bitter" ...; Pedro Espinola Special Correspondent 2026.01.30

Police Launch Investigation into Data Breach of Seoul’s ‘Ttareungyi’ Bike-Sharing Service: (C) Seoul Metropolitan Government SEOUL – Authorities have launched a formal investigation following reports of a signifi ...; Kim Sungmoon Reporter 2026.01.30

The 'Dujjonku' War: Major Food Brands Clash Over Dubai-Style Desserts: (C) RTL Today SEOUL – The South Korean food and beverage industry is witnessing a fierce "dessert war" as major players&m ...; Hwang Sujin Reporter 2026.01.30

S. Korea Braces for Influx of Chinese Tourists as Lunar New Year Approaches: (C) KED Global SEOUL — South Korea’s retail and hospitality sectors are gearing up for a massive wave of Chinese to ...; KO YONG-CHUL Reporter 2026.01.30

'AI Bus' Connecting Daejeon and Sejong Navigates Complex Urban Challenges: (C) Hong Moon Hwa Autonomous driving technology, which has long been confined to laboratories, has finally been deployed on the ...; HONG MOON HWA Senior Reporter 2026.01.29

‘Encore Nonsan Strawberry,’ D-7 Until the 2026 Nonsan Overseas Agricultural Food Fair: ㅣA scene from the 2025 Nonsan Agricultural and Food Overseas Expo. (C) Nonsan City [Nonsan] The opening of the "2026 Nonsan Ove ...; KO YONG-CHUL Reporter 2026.01.29

Former Unification Church Leader Yun Young-ho Sentenced to 1 Year and 2 Months for Bribery and Illegal Solicitation: (C) JTBC SEOUL — Yun Young-ho, the former Director-General of the Family Federation for World Peace and Unification (Unif ...; KO YONG-CHUL Reporter 2026.01.29

"Increase of 100 Single-Person Households Creates 27 Local Jobs: Boosting Service Consumption": (C) NOVAsia A recent study reveals that the rise of single-person households is driving demand for lifestyle-related services a ...; Min Gyu Mi Reporter 2026.01.29

Koreans Living in Fear Amid U.S. Immigration Crackdown: "Being Asian is a Risk": (C) PBS ST. PAUL, MN – The suburban quiet of Minnesota has been replaced by a chilling atmosphere of anxiety. For the Korea ...; Global Economic Times Reporter 2026.01.29

Korean Residents Association of Brazil Provides Free Medical Services to 40 People in First Outreach of 2026: On January 24th, from 9:00 AM to 11:30 AM, the Korean Residents Association of Brazil (President: Kim Bum-jin) held its first free ...; KO YONG-CHUL Reporter 2026.01.29

Korean Cultural Center in Germany Showcases Cultural Stage Combining Hansik and Hallyu at Berlin’s "Grüne Woche": | Ambassador of the Republic of Korea to Germany, Lim Sang-beom, delivering welcoming remarks. (C) Korean Cultural Center in Germa ...; KO YONG-CHUL Reporter 2026.01.27

Digital Diplomacy on the Rift: Germany to Host Tri-Nation LoL Tournament for Korea and Japan: (C) See Thru SEOUL — In a landmark move that blends high-stakes competitive gaming with international relations, the Germ ...; Desk 2026.01.26

Billionaire Exodus: Don Hankey Flees California for Nevada Amid $400 Million Wealth Tax Threat: LAS VEGAS – The skyline of the Las Vegas Valley has a new resident, and the California Treasury has a massive potential hole ...; Ana Fernanda Reporter 2026.01.26

Nobel Laureate Demis Hassabis Cautions Against AI Overinvestment: "A Correction May Be Coming": (C) Businees Insider LONDON — Demis Hassabis, the co-founder and CEO of Google DeepMind, has warned that the staggering l ...; Eugenio Rodolfo Sanabria Reporter 2026.01.26

Non-Incorporated "Shincheonji" Receives Billions in Tax Exemptions for $30M Temple Complex: (C) MBC CHANGWON, South Korea — Shincheonji Church of Jesus, a controversial religious group that has failed to obtain of ...; KO YONG-CHUL Reporter 2026.01.26

Prosecutors Under Fire After Seized Bitcoin Vanishes Due to Alleged "Phishing": (C) Sunday Times The Gwangju District Prosecutors' Office is facing intense scrutiny following the disappearance of a significa ...; Desk 2026.01.26

NTS Launches Probe into Mega-Bakery Cafes Used as ‘Tax Havens’ for Wealthy Inheritors: SEJONG — The National Tax Service (NTS) announced on the 25th that it has launched a specialized investigation into large-sc ...; Global Economic Times Reporter 2026.01.26