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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Woori Bank Targets Active Seniors with New 'Superior Senior Loan': Woori Bank has announced the launch of its 'Woori Superior Senior Loan,' a financial product specifically designed for active seni ...; Desk 2025.05.07

Siheung City Pioneers Enhanced Youth Transportation Subsidies with 'Siheung Pass+' Integration: Siheung City, a burgeoning urban center within Gyeonggi Province, South Korea's most populous province surrounding the capital Seo ...; Hwang Sujin Reporter 2025.05.07

Daejeon Metropolitan City to Recruit 82 University Students for 2025 Summer Vacation Internships: Daejeon, South Korea - Daejeon Metropolitan City has announced its plan to recruit 82 university students for paid internships dur ...; KO YONG-CHUL Reporter 2025.05.07

Yuseong Fire Station Opens New Sinseong 119 Safety Center, Enhancing Rapid Response Capabilities: Daejeon, South Korea – The Yuseong Fire Station (Chief Hong Seok-min) held a grand opening ceremony for its newly relocated ...; KO YONG-CHUL Reporter 2025.05.07

Daejeon Metropolitan City Opens Volunteer Sharing Kitchen, "Sharing Kitchen," Providing a Better Environment for Volunteer Activities: Daejeon Metropolitan City has established the "Daejeon Metropolitan City Volunteer Sharing Kitchen" by remodeling the existing spa ...; HONG MOON HWA Senior Reporter 2025.05.07

Daejeon City Implements Safety Inspections in Preparation for Summer Natural Disasters: Daejeon Metropolitan City has announced the implementation of comprehensive safety inspections from May 15th to June 18th, spannin ...; HONG MOON HWA Senior Reporter 2025.05.07

Hawaii to Hike Hotel Taxes to Bolster Climate Change Resilience: The allure of Hawaii's pristine beaches, volcanic landscapes, and vibrant culture may soon come with a steeper price tag for touri ...; Ana Fernanda Reporter 2025.05.07

Korean College Application Giants Uway and Jinhak Sanctioned for Alleged Bribery Scheme Totaling Millions: Seoul, South Korea– The Korea Fair Trade Commission (KFTC) has levied significant corrective orders against two dominant onl ...; Hwang Sujin Reporter 2025.05.06

Incheon Metropolitan City Launches Season 2 of the ‘3.6.9. Walking Challenge’... Aiming to Achieve Both Citizen Health Improvement and Local Economic Revitalization: Incheon Metropolitan City is ambitiously promoting the ‘Incheon 3.6.9. Walking Challenge’ to promote citizens' health ...; Min Gyu Mi Reporter 2025.05.06

Incheon Metropolitan City Office of Education to Invest 112.7 Billion KRW for Future-Oriented New Building, Aiming for Completion in 2029: The Incheon Metropolitan City Office of Education is accelerating the full-scale promotion of a comprehensive plan to construct a ...; KO YONG-CHUL Reporter 2025.05.06

Incheon Metropolitan City Eases Financial Burden on Soon-to-Wed Couples with the ‘i-Plus Matching Dream’ Project… Free Venue Rental at Public Facilities and Wedding Cost Support: Amid growing social concerns about soaring wedding costs, Incheon Metropolitan City has stepped forward to alleviate the financial ...; Hwang Sujin Reporter 2025.05.06

43-Year-Old Bupyeong Bugaegogagyo Bridge to Undergo Road Surface Maintenance for Safety and Improved Traffic Conditions: Bugaegogagyo Bridge in Bupyeong-dong, Bupyeong-gu, Incheon, a key arterial road network, will undergo major road surface maintenan ...; KO YONG-CHUL Reporter 2025.05.06

Bucheon City to Fully Promote the 2025 Cadastral Resurvey Project… Surveying to be Conducted in Dodang 1, Okgil 3, and Yeowol Zones: Bucheon City, Gyeonggi Province, will fully promote the 2025 cadastral resurvey project to protect the property rights of land own ...; KO YONG-CHUL Reporter 2025.05.06

Bucheon City Recruits New Subscribers for 'Youth Tomorrow Savings Account' to Pave the Way for a Bright Future for Young People: Bucheon City has announced that it will be recruiting new subscribers for the 'Youth Tomorrow Savings Account' until May 21st to h ...; KO YONG-CHUL Reporter 2025.05.06

Bucheon Wonmi Police Station Installs "CCTV Recording Warning" Wobblers to Prevent Unmanned Store Theft: Bucheon Wonmi Police Station in Gyeonggi Province announced on the 6th that it has proactively responded to the recent surge in th ...; KO YONG-CHUL Reporter 2025.05.06

South Chungcheong Governor Kim Tae-heum Emphasizes Unity and Harmony on Buddha's Birthday: In a gesture of spiritual observance and a call for social cohesion, South Chungcheong Province Governor Kim Tae-heum visited two ...; HONG MOON HWA Senior Reporter 2025.05.06

Daejeon City 119 Ambulances Deemed ‘All Safe’ in Respiratory Infection Tests: Daejeon City’s 119 emergency medical service (EMS) ambulances have been proven to be ‘safe spaces’ from respirat ...; HONG MOON HWA Senior Reporter 2025.05.06

Dreamdori and Kkumsooni Photo Zone Arrives at Sintanjin Service Area, Boosting Daejeon Tourism: Daejeon Metropolitan City continues its city marketing efforts featuring its beloved representative characters, the "Kkumssi Famil ...; HONG MOON HWA Senior Reporter 2025.05.06

Chungnam Children's Center Captivates Young Audiences with 'Aesop's Fables' Musical, Underscoring the Power of Early Character Development: The Chungnam Children's Character Education Center (Naepo Nature Playground) recently concluded a highly successful run of its 202 ...; KO YONG-CHUL Reporter 2025.05.06

Daejeon Fire Headquarters Hosts "Safety Experience Festival" for Family Month: The 119 Citizen Experience Center of the Daejeon Fire Headquarters successfully held a "Family Love Safety Experience Festival" on ...; KO YONG-CHUL Reporter 2025.05.06