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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Jebu Island: A Unique Tidal Paradise Offering Natural Beauty and Coastal Delights: Hwaseong, Gyeonggi Province, South Korea - Nestled off the coast of Hwaseong in Gyeonggi Province, Jebu Island stands as a captiva ...; Hwang Sujin Reporter 2025.04.27

Incheon Jung-gu Promotes Smoke-Free Tourism at Wolmido and Chinatown with No-Smoking Campaign: INCHEON, SOUTH KOREA – In a proactive effort to enhance the visitor experience and promote public health, Incheon Jung-gu (d ...; Hwang Sujin Reporter 2025.04.27

Fate of Incheon City History Museum Hangs on Korean Emigration History Museum Expansion: INCHEON - The future of the Incheon City History Museum is currently in limbo, its destiny closely tied to the ongoing expansion a ...; KO YONG-CHUL Reporter 2025.04.27

Decade-Old Sunken Dredger Raised in Incheon, Cost Recovery Efforts Face Headwinds: Incheon, South Korea - A large dredger that sank off the coast of Incheon 13 years ago and remained submerged has finally been sal ...; KO YONG-CHUL Reporter 2025.04.27

Incheon Port Authority Distributes Updated Navigational Aid Chart to Enhance Vessel Safety: The Incheon Regional Office of Oceans and Fisheries (IROOF) announced on April 22nd the distribution of a revised edition of the " ...; KO YONG-CHUL Reporter 2025.04.27

Toxic Legacy: Heavy Metal Contamination Devastates Groundwater Near South Korean Smelter, Sparking Calls for Closure: Bonghwa County, North Gyeongsang Province, South Korea – Shocking revelations have emerged regarding the severely contaminat ...; KIM YOUNG MIN 2025.04.26

Enhanced News Article: Reckless Anglers Risk Lives and Face Penalties in Gunsan's Restricted Coastal Zones: Gunsan, South Korea – The Gunsan Coast Guard has issued a stern warning and announced intensified enforcement against the gr ...; Desk 2025.04.26

Pyeongtaek Coast Guard Issues 'Caution' Alert for High Tidal Range Period: The Pyeongtaek Coast Guard (Chief Woo Chae-myeong) has announced the issuance of a 'Caution' level safety advisory from April 26th ...; Kim Sungmoon Reporter 2025.04.26

Widespread Concerns of Collapse Engulf Pyongyang's Landmark 53-Story Apartment Building: Residents of a 53-story apartment building in Pyongyang's prestigious Mirae Scientists Street are reportedly living in fear, harbo ...; ONLINE TEAM 2025.04.26

Gangwon Region Grapples with Surge in Landslides and Rockfalls Amidst Unpredictable Spring Weather: Chuncheon, Gangwon Province – The picturesque landscape of the Gangwon region is increasingly marred by the threat of landsl ...; KIM YOUNG MIN 2025.04.26

Suwon City Promotes National Grid Reference System for Mountain Emergencies: Suwon, South Korea – The Suwon Special City, in collaboration with the Suwon Nambu Fire Station, conducted a public awarenes ...; ONLINE TEAM 2025.04.26

Five Essential Tips for Knee-Friendly Hiking: Maintaining healthy knees is paramount for avid hikers to continue enjoying the trails for years to come. While the allure of conq ...; KO YONG-CHUL Reporter 2025.04.26

Korea National Mountaineering and Trekking Support Center Opens Enrollment for Introductory Rock Climbing Course at National Sokcho Mountaineering School: Sokcho, Gangwon Special Self-Governing Province – The Korea National Mountaineering and Trekking Support Center (KoMount), a ...; KIM YOUNG MIN 2025.04.26

Seoul Opens New Hiking Tourism Center at Gwanaksan, Aiming to Attract Foreign Visitors with Unique Mountain Experiences: Seoul, South Korea – The Seoul Tourism Organization (STO) officially launched its third “Seoul Hiking Tourism Center&r ...; Kim Sungmoon Reporter 2025.04.26

Escape the City: Discover Korea's Idyllic Countryside Retreats for Camping and Picnics: As the warm embrace of spring transitions into the early hints of summer, the allure of the outdoors beckons. For those yearning f ...; KO YONG-CHUL Reporter 2025.04.26

Gwangju's Seungchonbo Campground Emerges as a Popular Spring Camping Destination: Gwangju's Seungchonbo Campground is rapidly gaining popularity as a prime camping destination for families this spring, owing to i ...; KO YONG-CHUL Reporter 2025.04.26

2025 Camping Culinary Festival Ignites Yeoncheon with Gastronomic Delights and Festive Spirit: Yeoncheon, Gyeonggi Province, South Korea – The scenic Jaein 폭포 (Jaein Falls) Camping Ground in Yeoncheon County was brimmin ...; Global Economic Times Reporter 2025.04.26

Australia Faces Backlash Over Aerial Culling of Hundreds of Koalas: Authorities in Australia are facing significant public outcry and criticism following the controversial decision to euthanize hund ...; Eugenio Rodolfo Sanabria Reporter 2025.04.26

ANZAC Day Dawn Service Held at the War Memorial of Korea: South Korea, Australia, and New Zealand Commemorate Gallipoli Battle Heroes: [Photo provided] Kwon Myo-soon, President of the Korean Association in Canberra, Australia On Friday, April 25th, a solemn ANZA ...; KO YONG-CHUL Reporter 2025.04.26

Goyang City and Council Clash Over Suspended Ilsan Lake Park book cafe Project: Goyang, Gyeonggi Province – A significant cultural amenity project for Goyang City, the establishment of a book cafe at Ilsa ...; Desk 2025.04.26