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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Tanzania's President Samia Honored with Global Goalkeeper Award for Healthcare Advancements: DAR ES SALAAM – President Samia Suluhu Hassan of Tanzania has accepted the prestigious Global Goalkeeper Award, dedicating t ...; Hee Chan Kim Reporter 2025.02.05

Taiwan Consumer Confidence Hits Eight-Month Low Amid Trump Trade Fears: TAIPEI – Taiwan's consumer confidence plummeted to its lowest point in eight months in January, weighed down by anxieties ov ...; Desk 2025.02.05

Rukum Paschim Beekeepers Enjoy Sweet Success: Rukum Paschim, Nepal – Beekeepers in the Rukum Paschim district of Nepal have harvested a sweet success, selling four metric ...; Ana Fernanda Reporter 2025.02.05

HCM City Cracks Down on Real Estate Speculation Amidst Soaring Prices: Ho Chi Minh City, Vietnam – In response to a government directive addressing concerns over inflated real estate prices, Ho C ...; Pedro Espinola Special Correspondent 2025.02.05

Vietnam's Digital Banking Boom: A Surge in Transactions and Technological Advancements: Hanoi – Vietnam's digital banking sector has witnessed remarkable growth in recent years, significantly improving services f ...; Ana Fernanda Reporter 2025.02.05

Eurozone Stagnates as Germany Contracts, Uncertainty Clouds Outlook: BRUSSELS – The eurozone economy ground to a halt in the final quarter of 2024, registering zero growth, according to Eurosta ...; Graciela Maria Reporter 2025.02.05

Egypt's Food Exports Exceed $6.1 Billion, Surpassing Targets: CAIRO – Egypt's food industry has achieved remarkable export growth in 2024, exceeding initial targets and demonstrating the ...; Eugenio Rodolfo Sanabria Reporter 2025.02.05

UAE Eyes Airport Management Opportunities in Egypt: Cairo, Egypt – The United Arab Emirates (UAE) has expressed strong interest in managing airports in Egypt, according to Egyp ...; Eugenio Rodolfo Sanabria Reporter 2025.02.05

Lee Jae-yong, Chairman of Samsung Electronics, acquitted in second trial of unfair merger case... Will he return to the front line of management?: With Lee Jae-yong, Chairman of Samsung Electronics, being acquitted in the second trial of the unfair merger case, attention is fo ...; Min Gyu Mi Reporter 2025.02.04

DeepSeek's AI Assistant App Surges in Popularity, Reaching 1.2 Million Weekly Users in South Korea: SEOUL – DeepSeek, a Chinese generative AI application, has made a significant impact on the South Korean market, achieving o ...; Global Economic Times Reporter 2025.02.04

Valentine's Day Chocolate: A Pricey Affair This Year: The sweet allure of Valentine's Day chocolate is facing a bitter challenge this year: soaring cacao bean prices. As February 14th ...; Graciela Maria Reporter 2025.02.04

A Resurgence of Tradition: The Noto no Amamehagi Ritual Returns: NOTO, Ishikawa Prefecture – After a year of somber silence following the devastating Noto Peninsula Earthquake, a vibrant sy ...; Ana Fernanda Reporter 2025.02.04

Auspicious Art: Welcoming Fortune at Tokyo's Imperial Collections Museum: Tokyo's Sannomaru Shozokan, the Museum of the Imperial Collections, is currently hosting a vibrant exhibition, "Inviting Fortune: ...; Eugenio Rodolfo Sanabria Reporter 2025.02.04

Rihanna's Silent Vigil: A Trial's Unfolding Drama: The hushed presence of a superstar can speak volumes. Rihanna's recent appearance at the trial of her partner, A$AP Rocky, was a s ...; Sharon Yoon Correspondent 2025.02.04

Delaying Pension Expansion: A Necessary Compromise or a Missed Opportunity?: Japan's welfare ministry has announced a delay in its plan to expand mandatory enrollment in the employee pension program, pushing ...; Desk 2025.02.04

Streamlining Shareholder Engagement: A Necessary Shift to Online Meetings: The winds of change are blowing through corporate governance, and about time. News that the government intends to ease regulations ...; Desk 2025.02.04

El Salvador and Guatemala Join Forces to Boost Tourism: San Salvador, El Salvador – Government officials from El Salvador and Guatemala met on Saturday to discuss strategies to str ...; Pedro Espinola Special Correspondent 2025.02.02

El Salvador Emerges as a Hub for Medical Tourism: San Salvador, El Salvador – El Salvador has seen significant growth in its medical tourism sector, driven by a combination o ...; Pedro Espinola Special Correspondent 2025.02.02

El Salvador Leads the Way in Tourism Recovery, Boasting Diverse Attractions and Sustainable Practices: El Salvador has emerged as a global leader in tourism recovery, ranking second worldwide in its rebound from the challenges of 201 ...; Eugenio Rodolfo Sanabria Reporter 2025.02.02