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  • FSC Slams Young Poon...

    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 ...

    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: ...

    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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Medical Community Outraged by Court Ruling in Dating Violence Death Case
GWANGJU, South Korea – The medical community is in an uproar following a recent court ruling that holds a doctor and hospita ...
Min Gyu Mi Reporter 2025.02.10

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Generative AI Reshapes the Healthcare Industry, Despite Security Concerns
The recent emergence of Deepseek, a Chinese generative AI, has reignited interest in this technology within the Korean healthcare ...
Global Economic Times Reporter 2025.02.10

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Trauma Center Training Program Faces Crisis Amidst Budget Cuts
The recent news of the suspension of the severe trauma specialist training center has sparked concerns within the medical communit ...
ONLINE TEAM 2025.02.10

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Medical Community Outraged by Acquittal of Traditional Korean Medicine Doctor Using X-rays
Seoul, South Korea – The medical community is expressing strong opposition to a recent court decision that acquitted a tradi ...
Yim Kwangsoo Correspondent 2025.02.10

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Medical School Crisis Deepens as Opening Dates Postponed
Seoul – The ongoing conflict between the government and the medical community is casting a long shadow over medical educatio ...
KO YONG-CHUL Reporter 2025.02.10

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Korean Ophthalmologists Strongly Oppose Government's Ban on Concurrent Treatment and Selective Intensive Examination of 15 Tests
Ophthalmologists in Korea are strongly opposing the government's recent move to ban concurrent treatment and implement selective i ...
Hwang Sujin Reporter 2025.02.10

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Hyundai Home Shopping Reports Surge in Sales and Operating Profit for 2024
Seoul, South Korea – Hyundai Home Shopping announced on February 7th that it has seen significant growth in both sales and o ...
Global Economic Times Reporter 2025.02.08

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F&F Reports Decline in 2024 Revenue and Operating Profit
SEOUL – F&F, a South Korean fashion and lifestyle company, announced on February 7 that its 2024 revenue reached 1.896 t ...
Hwang Sujin Reporter 2025.02.08

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World's Largest Iceberg on the Move, Threatening Wildlife Haven
Antarctica - The world's largest iceberg, A-23A, has begun moving again after being trapped in the Weddell Sea gyre for over eight ...
PETER KO 2025.02.08

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German Tourist Killed by Elephant in India
Tamil Nadu, India – A 77-year-old German tourist, identified as Michael Jürgens, was tragically killed by an elephant i ...
Eugenio Rodolfo Sanabria Reporter 2025.02.07

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South Korean Ministry of Education Blocks Access to Chinese AI Service DeepSeek
Seoul - Following concerns over data privacy and security, South Korea's Ministry of Education has announced a ban on access to De ...
Global Economic Times Reporter 2025.02.07

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Korea REITs Association Calls for Exclusion of Public Rental Housing from Comprehensive Real Estate Tax
The Korea Real Estate Investment Trust (REITs) Association announced on the 5th that it has proposed to the government to exclude ...
Min Gyu Mi Reporter 2025.02.06

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Korea's First Alternative Trading System to Launch Operations Next Month
Seoul – Korea's capital markets are set to undergo a major transformation with the launch of Nextrade, the country's first a ...
Desk 2025.02.06

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South Korea Establishes Dedicated Department to Address International Environmental Regulations
Seoul – In response to the growing importance of international environmental regulations such as the EU's Carbon Border Adju ...
Yim Kwangsoo Correspondent 2025.02.06

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South Korea: One in Five Listed Companies Classified as 'Marginal'
According to a recent analysis by the Korea Economic Research Institute (KERI), one in five listed companies in South Korea are cl ...
Global Economic Times Reporter 2025.02.06

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E-Mart Offers Discounts on Valentine's Day Chocolates and Lunar New Year Foods
E-Mart is holding special promotions for Valentine's Day and the Lunar New Year holiday, offering discounts on chocolates and trad ...
Desk 2025.02.06

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Oil Prices Plummet Amid Trade War Uncertainty and Rising US Crude Inventories
International oil prices experienced a sharp decline on Tuesday, with Brent and West Texas Intermediate (WTI) crude futures both f ...
Yim Kwangsoo Correspondent 2025.02.06

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North Korean Defectors Entering South Korea Increased by 20% Last Year
Seoul, South Korea – The number of North Korean defectors who entered South Korea last year totaled 236, an increase of 20.4 ...
Desk 2025.02.06

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North Korean Troops in Russia Reportedly Withdrawn Amidst Heavy Losses
Kyiv, Ukraine - Amidst conflicting reports regarding the presence of North Korean troops fighting alongside Russian forces in Ukra ...
Global Economic Times Reporter 2025.02.06

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Barranco to Receive $1.3 Million Investment to Boost Tourism Safety and Accessibility
Barranco, Peru – The Ministry of Foreign Trade and Tourism (Mincetur) has signed an agreement with the Municipality of Barra ...
Ana Fernanda Reporter 2025.02.05
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