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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Cheonan City Accelerates Key Projects for Sustainable Growth…Anticipates Achievements in Second Half: Cheonan City is accelerating the implementation of its key projects for the second half of the year, following a review of 650 maj ...; HONG MOON HWA Senior Reporter 2025.05.30

Independence Hall and Overseas Koreans Cooperation Center Join Hands to Foster Identity of Overseas Koreans: The Independence Hall of Korea (Director Kim Hyung-seok) signed a Memorandum of Understanding (MOU) on May 23 with the Overseas Ko ...; KO YONG-CHUL Reporter 2025.05.30

Daejeon Mental Health and Welfare Center Honored with Minister of Interior and Safety Award for National Disaster Management Contribution: The Daejeon Mental Health and Welfare Center, an institution entrusted by Daejeon Metropolitan City, has been honored with the Min ...; Global Economic Times Reporter 2025.05.30

2025 Daejeon City Atopy and Asthma Drawing Contest: Encouraging Artistic Participation for a Healthy Future: Daejeon City is holding the "2025 Atopy and Asthma Drawing Contest" to raise public awareness of allergic diseases and emphasize t ...; KO YONG-CHUL Reporter 2025.05.30

Daejeon City is going all out to expand the nationwide market for small business owners with its live commerce platform, "Live Daejang.": The first broadcast on May 27 was a success, with discounts of up to 52% and customer participation events fueling excitement. Thi ...; Hwang Sujin Reporter 2025.05.30

2025 Daejeon 0 O'Clock Festival Boosts Excitement with 'Moment Capture SNS Event': The upcoming "2025 Daejeon 0 O'Clock Festival," scheduled for August, is building excitement through a citizen-participatory "Mome ...; Hwang Sujin Reporter 2025.05.30

Daejeon City's "Sarangnanum Call" Mobility Service for Transportation Vulnerable, Partners with Kakao T… Presents Nation's First Public-Private Cooperation Model: Daejeon, May 30, 2025 – Daejeon City's 'Sarangnanum Call', a mobility support service for the transportation vulnerable, wil ...; HONG MOON HWA Senior Reporter 2025.05.30

Daejeon on High Alert for "Unwelcome Summer Guest" - Air Conditioner Fires: 26 Cases in 3 Years, What Are the Prevention Measures?: With the onset of the scorching heat, air conditioner usage is surging, raising concerns about cooling appliance-related fires. Th ...; HONG MOON HWA Senior Reporter 2025.05.30

Chungnam Institute and Youth Foundation Join Hands to Activate Joint Research on Youth Policy… Expecting Improvement in Local Youth Quality of Life: Cheonan – A significant step has been taken to improve the quality of life for young people in the Chungnam region and estab ...; Hwang Sujin Reporter 2025.05.30

Dongdaejeon Library to Plant Seeds of Reading Habits with 2025 First Half Toddler and Children's Reading Club: Dongdaejeon Library in Daejeon is set to fully launch its 2025 first-half toddler and children's reading club program starting May ...; KO YONG-CHUL Reporter 2025.05.30

Daejeon Museum of Art to Host In-Depth Impressionism Lecture Series, Synergizing with Van Gogh Special Exhibition: The Daejeon Museum of Art will host "DMA Lecture," a special lecture program on the theme of Impressionism, from June 4 to June 16 ...; KO YONG-CHUL Reporter 2025.05.30

The Daejeon Metropolitan Police Agency's Autonomous Police Committee is realizing "future policing" through citizen ideas.: The Daejeon Metropolitan Police Agency's Autonomous Police Committee is holding the '2025 Autonomous Police Committee Creative Cit ...; HONG MOON HWA Senior Reporter 2025.05.30

Samcheok City's Daejin Fishing Village Association Receives Minister of Oceans and Fisheries Commendation on "Ocean Forest Day": The Daejin Fishing Village Association (Head: Kim Tae-seon) in Samcheok City, Gangwon Province, was honored with a commendation fr ...; HONG MOON HWA Senior Reporter 2025.05.30

Samcheok City Revolutionizes Civil Service Communication with 'Text Interpretation System' for Enhanced Care for Information-Vulnerable Individuals: Samcheok City has installed and begun full-scale operation of a 'Text Interpretation System' and 'Voice Amplifiers' to facilitate ...; HONG MOON HWA Senior Reporter 2025.05.30

Samcheok City Gears Up for the 60th Gangwon Special Self-Governing Province Citizens' Sports Festival: Samcheok City is putting the finishing touches on its preparations for the "60th Gangwon Special Self-Governing Province Citizens' ...; JEONG CHAN MYEONG Senior Reporter 2025.05.30

Samcheok City Branch of the Korea Senior Citizens Association Extends Helping Hand to Yeongnam Wildfire Victims… Donates 6.48 Million Won: The Samcheok City Branch of the Korea Senior Citizens Association (Chairman Park Jae-ok) visited Samcheok City Hall on May 28, 202 ...; HONG MOON HWA Senior Reporter 2025.05.30

Samcheok Senior Welfare Center, in Partnership with Wooyang Foundation, Provides 'Nutritional Porridge' to Vulnerable Seniors: Samcheok Senior Welfare Center (Director Eom Ki-dae) has been selected for the '2025 Wooyang Foundation Nutritional Porridge Suppo ...; HONG MOON HWA Senior Reporter 2025.05.30

Samcheok City Recruits Vocational Training Participants to Help with Re-employment: Samcheok City is recruiting participants for vocational training to enhance job skills and expand re-employment opportunities for ...; HONG MOON HWA Senior Reporter 2025.05.30

Symphony Flowing Above the Sea: Samcheok to Host '2025 Eoullim Concert,' Elevating Local Culture: Samcheok City will host the '2025 Eoullim Concert,' a specially planned performance, on Saturday, June 28th, at 5 PM at the Samche ...; HONG MOON HWA Senior Reporter 2025.05.30

Samcheok City Battles Heatwave with 'Conscience Umbrellas,' Prioritizing Citizen and Tourist Heatstroke Prevention: Samcheok City has launched its 'Conscience Umbrella Rental Service' to help citizens and tourists prevent heatstroke in anticipati ...; HONG MOON HWA Senior Reporter 2025.05.30