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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LA Korean Senior Harmonica Ensemble Delights NHL Playoffs with Moving Melodies: LOS ANGELES – The harmonica ensemble of the LA Korean Town Senior & Community Center (hereinafter referred to as the Sen ...; Eunsil Ju Reporter 2025.04.25

South Korea Gears Up for Fourth Military Reconnaissance Satellite Launch, Bolstering Independent Surveillance Capabilities: South Korea's military is on the cusp of significantly enhancing its independent intelligence and surveillance capabilities with t ...; Greace Nunez Correspondent 2025.04.25

Suspected 'Angel Dust' Found in South Korean Prison, Raising Concerns Over Drug Smuggling: SUWON, South Korea – Correctional authorities in South Korea are investigating a potential case of drug smuggling into the S ...; Desk 2025.04.24

National University of Asunción, Paraguay, to Hold Hibiscus Cultivation Workshop and Distribute Free Seedlings: The Santa Rosa Misiones branch of the Faculty of Agricultural Sciences at the National University of Asunción in Paraguay w ...; Hwang Sujin Reporter 2025.04.24

Addressing the Aging Society: The Sustainability of Social Security Systems: The Paraguayan Ministry of Labor, Employment and Social Security (MTESS), in collaboration with the Inter-American Center for Soci ...; Greace Nunez Correspondent 2025.04.24

Paraguay's Chaco Region Livestock Industry in Crisis Due to Floods… Concerns Over Rising Beef Prices: The livestock industry in Paraguay's Chaco region is facing a severe blow due to record-breaking heavy rains, raising concerns abo ...; ONLINE TEAM 2025.04.24

Rampant Corruption: Eroding Society and Deepening Inequality: In his homily during the Easter Vigil Mass, the Archbishop of Asunción, Cardinal Adalberto Martínez, strongly critic ...; Pedro Espinola Special Correspondent 2025.04.24

Bidding Opens for Construction of Major Hospital in Asunción, Financed by Taiwan: The Paraguayan Ministry of Public Works and Communications (MOPC) has officially announced the bidding process for the constructio ...; Pedro Espinola Special Correspondent 2025.04.24

Global Cycling Stars Share High-Performance Cycling Experiences, Contributing to the Development of Future Talent: ASUNCIÓN – A special lecture event was successfully held, where global giants of high-performance cycling gathered to ...; KO YONG-CHUL Reporter 2025.04.24

South Korea Bolsters Food Security with New Dual-Cropping Wheat and Soybean Varieties Amid Climate Change Threat: In the face of escalating threats from climate change, the South Korean government is intensifying its efforts to enhance national ...; KIM YOUNG MIN 2025.04.24

Antarctic Penguins Face Dire Threats as Sea Ice Declines: Penguin populations in certain regions of Antarctica have plummeted by as much as 50%, a stark indicator of the severe impact of t ...; KIM YOUNG MIN 2025.04.24

Korean Teams Shine at the 2025 FIRST® Championship: HOUSTON, TEXAS – Several South Korean teams have made a significant mark on the global stage at the 2025 FIRST® Champion ...; Eunsil Ju Reporter 2025.04.24

Jeju Island Aims to Attract Overseas Student Excursion Groups: Jeju, South Korea – Jeju Special Self-Governing Province and the Jeju Tourism Organization, in collaboration with the Korea ...; KO YONG-CHUL Reporter 2025.04.24

Silk Road Adventure: A Diverse Culinary Journey Through Uzbekistan: Our journey begins through the heart of the Silk Road, a crossroads of ancient civilizations, following Uzbekistan's rich culinary ...; Eugenio Rodolfo Sanabria Reporter 2025.04.24

Uzbek Farmers Report Loss of Fertile Land to Chinese Capital, Raising Concerns of 'Neocolonialism' Across Central Asia: Fergana Valley – Farmers in Uzbekistan's fertile Fergana Valley, a key region for cotton and wheat production, are appealing ...; Ana Fernanda Reporter 2025.04.24

Asian Nations Urged to Form NATO-like Defense Alliance Amid Rising Regional Threats: Seoul – Chung Mong-joon, Honorary Chairman of the Asan Institute for Policy Studies, has called for the establishment of a c ...; Yim Kwangsoo Correspondent 2025.04.23

Protesters Demand Justice for 'Comfort Women' in Tokyo Rally: TOKYO – On April 23rd, a group of over 100 individuals, including Korean and Japanese youths, gathered in front of Shinjuku ...; Hwang Sujin Reporter 2025.04.23

Threats to Biodiversity Loom Over Sorae Ecology Park as "Terrestrialization" Advances: INCHEON, SOUTH KOREA – Sorae Ecology Park, initially established as a haven for biodiversity and migratory birds through the ...; Min Gyu Mi Reporter 2025.04.23

Imsil County Gears Up for 2025 Imsil N Pet Star Festival: IMSIL, South Korea - Imsil County in North Jeolla Province is set to host the "2025 Imsil N Pet Star Festival," a three-day cultur ...; KO YONG-CHUL Reporter 2025.04.23

Man Receives 40-Year Sentence Upheld in Appeal for Brutal Murder of Pregnant Ex-Wife: Jeonju, South Korea – A 44-year-old man who received a 40-year prison sentence in the first trial for the gruesome murder of ...; ONLINE TEAM 2025.04.23