Global Economic Times

2026.07.22 (Wed)
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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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“Korea is So Good!” Taiwanese Tourists’ Return Visit Rate Sees a Surprising Increase… Local Airport Usage Nears 50%, Opening a New Horizon for K-Tourism: SEOUL, South Korea – Recently, the Taiwanese people's love for Korea has been extraordinary. The number of Taiwanese who vis ...; Hwang Sujin Reporter 2025.06.03

Korean Herbalist Association Successfully Concludes Academic Exchange with China Medical University of Taiwan, Strengthening International Cooperation for Traditional Medicine Advancement: Seoul, Republic of Korea – The Korean Herbalist Association (President Lim Chae-yoon) successfully hosted the "2025 Korean H ...; Global Economic Times Reporter 2025.06.03

Korea Atomic Energy Research Institute and Taiwan's National Tsing Hua University Discuss Strengthening Nuclear R&D Cooperation: Daejeon, Republic of Korea – The Korea Atomic Energy Research Institute (KAERI, President Joo Han-gyu) announced that a dele ...; Ana Fernanda Reporter 2025.06.03

Daejeon City Selects 7 Exemplary Cases of Proactive Administration for First Half of 2025: Daejeon City has successfully concluded its Proactive Administration Excellence Awards for the first half of 2025, ultimately sele ...; HONG MOON HWA Senior Reporter 2025.06.02

Daejeon City Reaches Out to "Hidden Youth" with Nation's Sole 5-District Customized Support Initiative: Daejeon, South Korea – Daejeon Metropolitan City is embarking on a pioneering initiative to proactively identify and provide ...; HONG MOON HWA Senior Reporter 2025.06.02

Daejeon: From "No-Fun City" to South Korea's Top Rising Tourist Destination: DAEJEON, South Korea – Once unfairly dubbed a "no-fun city" with little to offer beyond the renowned Seongsimdang bakery, Da ...; HONG MOON HWA Senior Reporter 2025.06.02

Hwang Byung-ku Re-elected as 30th President of the Korean American Chamber of Commerce: Atlanta, GA – The Korean American Chamber of Commerce (KACC), a prominent organization fostering economic ties within the Ko ...; Lakhvinder Singh Specialized Reporter 2025.06.02

"My Story Flowing with the Beat, Drop the Sijo!" - Korea Institute of Confucian Culture's Innovative "Sijo Baeul Lab" Program: A Delightful Meeting of Tradition and Modernity: Sijo Reborn as K-POP RapThe Korea Institute of Confucian Culture (hereinafter ref ...; KO YONG-CHUL Reporter 2025.06.02

Police Officers Exhausted from Strenuous Work, Supported with Psychological Recovery through 'Mind Recharge' Program: Daejeon, South Korea – The 'Mind Recharge Educational Program,' designed to support the psychological well-being and job sat ...; KO YONG-CHUL Reporter 2025.06.02

Daejeon Museum of History to Host 'Origins and Understanding of Contemporary Cultural Trends' Lecture Series: The Daejeon Museum of History is set to offer a special lecture series, '2025 Daejeon Museum of History Lecture – Origins an ...; HONG MOON HWA Senior Reporter 2025.06.02

2025 Samcheok Rose Festival, a Feast of Ten Million Roses, Closes Successfully… Black Eagles Air Show Marks Grand Finale: The ‘2025 Samcheok Rose Festival,’ which filled Samcheok-si, Gangwon Special Self-Governing Province, with the scent o ...; HONG MOON HWA Senior Reporter 2025.06.02

Chungcheongnam-do and South Australia to Expand Educational Exchange and Cooperation, Accelerating Global Talent Development: ADELAIDE, Australia – Educational exchange and cooperation between Chungcheongnam-do and universities in South Australia are ...; KO YONG-CHUL Reporter 2025.06.02

Independence Hall and Chungnam Institute for Content Industry Sign Agreement to Revitalize Independence Movement Content: Independence Hall (Director Kim Hyung-seok) announced that on Thursday, May 29, it signed a business agreement with the Chungnam I ...; HONG MOON HWA Senior Reporter 2025.06.02

The 12th 'Daring Ansim Campaign' Urges Protection and Social Attention for Crime Victims: On Saturday, May 31, 2025, at 10:30 AM, the Ministry of Justice and the National Association of Crime Victim Support Organizations ...; ONLINE TEAM 2025.06.02

LG Electronics Leads Digital Transformation in Spanish Football, Pioneering the Era of Smart Stadiums in Europe: LG Electronics is spearheading the digital transformation (DX) of Spain's professional football league, La Liga, shaping the futur ...; Hwang Sujin Reporter 2025.06.02

Ministry of Land, Infrastructure and Transport Dispatches Delegation to Tanzania to Secure Foothold in African Market: The government is establishing a bridgehead for South Korean construction companies to expand their presence in the African market ...; Hee Chan Kim Reporter 2025.06.02

China's Quantum Satellite Warned of Hacking Vulnerability: Laser Time Delay as Weakness: Singaporean scientists have warned of a potential hacking vulnerability in China's quantum communication network's 'Micius' satell ...; Global Economic Times Reporter 2025.06.01

Woman Emerging from Manila Sewer, 'Rose': The Shocking Truth and a Glimpse into Philippine Poverty: On May 26, an amateur photographer captured a photo in the bustling Makati financial district of Manila, the Philippines, that sen ...; Eugenio Rodolfo Sanabria Reporter 2025.06.01

Tragic End: Newborn Dies After Birth Aboard Plane at Incheon Airport: Incheon, South Korea – A tragic incident unfolded today, June 1, as a 30-year-old Filipino mother gave birth to a baby aboar ...; Hwang Sujin Reporter 2025.06.01

Child Sex Crimes: Only 25% Guilty Verdicts in 5 Years, Fueling Debate Over Lenient Punishments: Recent data reveals a shocking truth: only 25% of child and youth sex crime cases in South Korea over the past five years have res ...; Hwang Sujin Reporter 2025.06.01