Global Economic Times

2026.07.23 (Thu)
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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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Senate Committee Confronts Fentanyl Crisis at Maritime Borders, Bipartisan Push for Action: WASHINGTON, D.C. (TNND) — The Senate Commerce Committee convened a critical hearing Wednesday, focusing on the escalating cr ...; Hannah Yeh Reporter 2025.02.27

Measles Concerns Rise in Washington State Following US Death: WASHINGTON STATE – Amidst a concerning measles outbreak in Texas and New Mexico that has resulted in the first measles-relat ...; Hannah Yeh Reporter 2025.02.27

Chungcheongnam-do Establishes Bridge for Exchange and Cooperation with China: On the 27th, Chungcheongnam-do appointed Chairman Chuihwan of the Korea-China Cultural Friendship Association as the Chinese Trade ...; KO YONG-CHUL Reporter 2025.02.27

Iran's Strategic Role in TRACECA Highlighted at Tehran Meeting: Tehran, Iran – Asset Assavbayev, Secretary-General of TRACECA (Transport Corridor Europe-Caucasus-Asia), praised Iran's pivo ...; Graciela Maria Reporter 2025.02.27

Nakuru County Set to Launch Advanced Land Information System: Nakuru County is poised to revolutionize its land management with the imminent launch of the state-of-the-art Nakuru County Land I ...; Hee Chan Kim Reporter 2025.02.27

PhilHealth's PHP60 Billion Remittance Primarily Allocated to Health, Social Services: MANILA – The majority of the Philippine Health Insurance Corp.’s (PhilHealth) PHP60 billion remittance of excess funds ...; Pedro Espinola Special Correspondent 2025.02.27

Philippines Seeks OECD-NEA Expertise for Nuclear Energy Push: MANILA – The Philippines is strengthening its pursuit of nuclear energy by enlisting the support of the Organization for Eco ...; Eugenio Rodolfo Sanabria Reporter 2025.02.27

Gyeonggi Province Offers Up to 4 Million Won for Hanok Repair and Preservation: Gyeonggi Province is launching a program to support the preservation and revitalization of traditional Korean Hanok architecture b ...; Hwang Sujin Reporter 2025.02.27

Rise in Adult Learners Pursuing Degrees Through Credit Bank and Self-Directed Systems in South Korea: Seoul, South Korea – The trend of adults pursuing academic degrees through the Credit Bank System and the Self-Directed Degr ...; Desk 2025.02.27

South Korea's National Assembly Education Committee Passes Bill to Protect Teachers from Disruptive Students: Seoul, South Korea - The National Assembly Education Committee in South Korea has passed an amendment to the Elementary and Second ...; Desk 2025.02.27

Chungbuk National University Hospital Faces Severe Doctor Shortage Amidst Ongoing Conflict: Chungju, South Korea – Chungbuk National University Hospital is grappling with a severe shortage of resident doctors, as rec ...; Global Economic Times Reporter 2025.02.27

Unveiling 'Emile Taquet's Cyber Garden': A Digital Tribute to Jeju's Botanical Pioneer: JEJU ISLAND – A new digital sanctuary, 'Emile Taquet's Cyber Garden', has opened its virtual gates, honoring the remarkable ...; KO YONG-CHUL Reporter 2025.02.27

Seogwipo City Launches Tailored Job Program for People with Disabilities: Investing 4.98 Billion Won to Create Opportunities for 486 Individuals: Seogwipo City is set to implement a tailored job program for people with disabilities, investing 4.98 billion won this year to pro ...; KO YONG-CHUL Reporter 2025.02.27

27th Seogwipo Canola Flower International Walking Festival: Announcing Spring in Jeju: The 27th Seogwipo Canola Flower International Walking Festival, co-hosted by Seogwipo City and the Korea Sports Promotion Associat ...; KO YONG-CHUL Reporter 2025.02.27

Seogwipo City Launches '2025 Hondi Moyeong Walking Challenge' to Promote Citizen Health: Seogwipo City is calling on its citizens to participate in the '2025 Hondi Moyeong Walking Challenge', a three-month initiative ai ...; KO YONG-CHUL Reporter 2025.02.27

Seogwipo City Launches Car Carbon Neutral Point System, Offering Incentives for Reduced Driving: Seogwipo City is recruiting 1,176 participants for the Car Carbon Neutral Point System, a transportation sector greenhouse gas red ...; KO YONG-CHUL Reporter 2025.02.27

Government Launches 2025 Upcycling Industry Promotion Support Project: As the Earth's natural environment deteriorates, the upcycling industry, which transforms waste resources into new products, is be ...; HONG MOON HWA Senior Reporter 2025.02.27

Record-Breaking Competition for Additional Medical School Openings in South Korea: Seoul, South Korea – The intense competition for medical school admissions in South Korea has reached new heights, with the ...; Desk 2025.02.27

Jeju's Gueom and Tosan Ports Selected for Rural Vitality Enhancement Project: The Ministry of Oceans and Fisheries announced on the 26th that it has selected 25 new sites for the '2025 Rural Vitality Enhancem ...; KO YONG-CHUL Reporter 2025.02.27

Jeju Expands 'Obseo Bus' On-Demand Transit Service: Jeju Island has announced the expansion of its 'Obseo Bus' on-demand transit service, starting this May. The service area will be ...; KO YONG-CHUL Reporter 2025.02.27