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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Unveiling the Past: New Discoveries at Inkaksa Temple Site in Gunwi: Gunwi, South Korea – A recent archaeological excavation at the Inkaksa Temple site in Gunwi County has revealed significant ...; Hwang Sujin Reporter 2024.11.30

Central Inland Railway Line Opens, Boosting Connectivity in Gyeongbuk Province: Gyeongju, South Korea – The Central Inland Railway Line, connecting Chungju and Mungyeong, officially opened on November 30t ...; ONLINE TEAM 2024.11.30

Gyeongbuk Province Opens Center to Accelerate Artificial Organ Commercialization: Pohang, South Korea – A new center dedicated to accelerating the commercialization of bioprinted artificial organs has opene ...; ONLINE TEAM 2024.11.30

Incheon Airport Expands 'Easy Drop' Baggage Check-in Service: Incheon, South Korea – Incheon International Airport Corporation announced on November 27th that it will be expanding its &l ...; Global Economic Times Reporter 2024.11.30

Incheon Airport Food and Beverage Outlets Thrive Amidst Flight Delays: Incheon, South Korea – While heavy snowfall has caused widespread flight delays and cancellations at Incheon International A ...; Desk 2024.11.30

CU Unveils Self-Heating 'Boiler Ramen' in Collaboration with Kyungdong Navien: Seoul, South Korea – CU convenience stores, in partnership with boiler manufacturer Kyungdong Navien, has introduced a uniqu ...; Hwang Sujin Reporter 2024.11.29

Sejong Technopark to Host 2024 Sejong Digital Content Week: Sejong City, South Korea – Sejong Technopark announced today that it will host the 2024 Sejong Digital Content Week at the J ...; KO YONG-CHUL Reporter 2024.11.29

Clobotics Successfully Demonstrates 4-Legged Robot for Infrastructure Inspection: Seoul, South Korea – Clobotics, a leading intelligent robot service company, announced today that it has successfully conduc ...; Global Economic Times Reporter 2024.11.29

South Korea Launches Defense Robotics Council to Strengthen Military Capabilities: Seoul, South Korea – The Korea Robot Industry Association has officially launched the Defense Robotics Council, bringing tog ...; KO YONG-CHUL Reporter 2024.11.29

South Korea Leverages AI and Data to Enhance Disaster Response: Seoul, South Korea – The South Korean government is taking proactive steps to enhance disaster preparedness by integrating a ...; Global Economic Times Reporter 2024.11.29

Man Sentenced for Orchestrating Vandalism at Gyeongbokgung Palace: Seoul, South Korea – A South Korean court has sentenced a 30-year-old man, known as "Team Leader Lee," to 10 years in prison ...; Hwang Sujin Reporter 2024.11.29

Daejeon's Iconic Character, Ddooly, Comes to Life on City Hall's Giant Screen: Daejeon, South Korea – The beloved mascot of the 1993 Daejeon Expo, Ddooly, is making a grand comeback, this time as a large ...; Global Economic Times Reporter 2024.11.29

Ulsan Prepares for Tourism Boom with New High-Speed Rail Service: Ulsan, South Korea – The city of Ulsan is gearing up for a significant boost in tourism as the new high-speed rail service, ...; Desk 2024.11.29

LG Household & Health Care Sees 4-Fold Sales Growth in Japan's Qoo10 Megawari Event: LG Household & Health Care (LG H&H) has reported a remarkable 400% increase in sales during the recent Qoo10 Megawari even ...; Global Economic Times Reporter 2024.11.29

HiteJinro Completes Fourth Coastal Cleanup in Jeju, Strengthening Commitment to Environmental Sustainability: HiteJinro, a leading South Korean beverage company, announced today the successful completion of its fourth coastal cleanup initia ...; Global Economic Times Reporter 2024.11.29

CJ Freshway Partners with Wooyang Foundation to Support Low-Income Seniors: CJ Freshway, a leading foodservice company in South Korea, has joined forces with the Wooyang Foundation to support the "2024 Egg ...; KO YONG-CHUL Reporter 2024.11.29

CGV Unveils New "Crayon Shin-chan" 2025 Calendar: CGV, a major South Korean multiplex chain, announced today the release of its highly anticipated "Crayon Shin-chan" 2025 calendar. ...; Hwang Sujin Reporter 2024.11.29

South Korea Approves 76 AI Digital Textbooks for Nationwide Use: The South Korean Ministry of Education has announced the approval of 76 AI digital textbooks that will be introduced in schools st ...; Desk 2024.11.29

Seoul City Provides Comprehensive Support to 439 Stalking Victims: Seoul, South Korea – The Seoul Metropolitan Government has announced that its One-Stop Support Center for Stalking Victims h ...; Hwang Sujin Reporter 2024.11.29

South Korean Lawmaker Proposes Ban on Sexual Offense-Related Lawyer Ads: Seoul, South Korea – A lawmaker has proposed a bill to ban lawyers from using provocative advertisements that could potentia ...; Hwang Sujin Reporter 2024.11.29