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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When it comes to medical school entrance exams in developed countries, are grades alone not enough? Analysis of various screening factors: The characteristic of medical school entrance exams in major developed countries is that it is difficult to pass simply with high ...; ONLINE TEAM 2024.10.26

Rewards for reporting sexual crimes against children and adolescents expanded to juvenile cases: [GLOBAL ECONOMIC TIMES] From January next year, the scope of rewards given to those who report sex crimes against children and ad ...; ONLINE TEAM 2024.10.26

149 people who failed to pay 8.6 billion won in child support will have their driver's licenses suspended and banned from leaving the country: [GLOBAL ECONOMIC TIMES] An additional 149 debtors were subject to sanctions such as driver's license suspension, ban on leaving t ...; ONLINE TEAM 2024.10.26

“Korea’s deep ocean water on the international stage”...Korean community steps forward to promote: [GLOBAL ECONOMIC TIMES] The General Federation of Korean Associations in Africa and the Middle East and Deep Sea Co., Ltd. signed ...; Global Economic Times Reporter 2024.10.26

Hyundai Nexo achieves a new record of driving 1,100km on a single charge… Proving hydrogen electric vehicle technology: [GLOBAL ECONOMIC TIMES] Hyundai Motor Company's hydrogen electric vehicle Nexo achieved a record of driving 1,100.9 km on a singl ...; ONLINE TEAM 2024.10.26

SK Innovation supports the dreams of musicians with developmental disabilities: [GLOBAL ECONOMIC TIMES] ‘Great Music Festival (GMF)’, Korea’s largest music festival for people with developmen ...; ONLINE TEAM 2024.10.26

365 days at a glance! ‘2025 Megabox Diary’ launched... Includes coupon pack worth about 150,000 won, including movie invitations and store discounts: [GLOBAL ECONOMIC TIMES] Megabox (CEO Hong Jeong-in, Nam Yong-seok) announced on the 24th that it will release the ‘2025 Meg ...; Desk 2024.10.25

“Easily receive consulting and start-up support of 100 million won”... Broker on the rise again: [global economic times] As the end of the year approaches, consulting companies targeting government start-up and research and de ...; ONLINE TEAM 2024.10.25

Among 6,358 intercity and express buses nationwide, there are ‘0’ wheelchair seats… Hwang Un-ha “We must work to expand mobility rights for the disabled”: [GLOBAL ECONOMIC TIMES] Wheelchair seats have been installed on intercity and express buses since 2019, but as all routes were ab ...; Desk 2024.10.24

Industrial electricity rates will rise starting tomorrow... general electricity rates will be frozen: [GLOBAL ECONOMIC TIMES] Starting from the 24th, industrial electricity rates will rise by an average of 9.7%, or 16.1 won per kWh ...; Desk 2024.10.24

Korean Air launches new route between Incheon and Fuzhou… “Securing competitiveness on Chinese routes“: [GLOBAL ECONOMIC TIMES] Korean Air announced on the 24th that it will begin new flights on the Incheon to Fuzhou, China route sta ...; Global Economic Times Reporter 2024.10.24

Wow Press ‘Print Recipe’… Seoul Printing Award Winner: [GLOBAL ECONOMIC TIMES] Wow Press announced on the 15th that 'Print Recipe' won an award at the '15th Seoul Printing Awards and P ...; ONLINE TEAM 2024.10.24

“Blocking it doesn’t help”… The reason for the surge in spam during the ‘stock hit’ was not hacking.: [GLOBAL ECONOMIC TIMES] Illegal spam text messages, which were known to have increased rapidly after some text resellers in charg ...; Desk 2024.10.24

The “comet of the century” is approaching Earth and will not be seen again for 80 thousand years: [GLOBAL ECONOMIC TIMES] Returning after grazing the Sun, comet Tsuchinshan-Atlas will be visible throughout the northern hemisphe ...; ONLINE TEAM 2024.10.22

Seoul wants N Korean troops to leave Russia immediately: [GLOBAL ECONOMIC TIMES] South Korea has summoned the Russian ambassador, seeking the "immediate withdrawal" of North Korean troop ...; ONLINE TEAM 2024.10.22

Ministry of Trade, Industry and Energy's Trade Commission determines Chinese PET resin dumping: [Global Economic Times] The Trade Committee of the Ministry of Trade, Industry and Energy held the 453rd Trade Committee meeting o ...; Global Economic Times 2024.10.17

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.: [Global Economic Times] Jeju Special Self-Governing Province is the first in the country to implement a ‘used blanket circul ...; Global Economic Times 2024.10.17

Ministry of Science and ICT uses artificial intelligence technology to prevent fraudulent calls and keep people's daily lives safe: The Ministry of Science and ICT announced that it held the 37th New Technology and Service Deliberation Committee on October 17 an ...; Global Economic Times 2024.10.17

International gold price soars... Japanese gold smuggling surges: [GLOBAL ECONOMIC TIMES] It has been confirmed that the number of gold smuggling cases and confiscated goods detected by Japanese ...; Global Economic Times 2024.10.17

A good death requires preparation… Announcement of ‘Seven Principles of a Good Death’: [Global Economic Times] As we enter a 'multi-death society' where the number of deaths exceeds the number of births due to the com ...; Global Economic Times 2024.10.17