Business

California Down Payment Takes 34 Years to Save in Los Angeles

Saving a California down payment can take more than 30 years, according to an analysis. The analysis by Realtor.com found that in Los Angeles, it...

Coupang Korea CEO Harold Rogers clashes with lawmakers at Assembly hearing

Tempers flared at the National Assembly as Coupang executives faced intense scrutiny over a major data breach, labor allegations and a controversial compensation plan during a joint parliamentary hearing.

Koreatown Home Sales Fall 13% as Prices Slip Across Types

The Los Angeles Koreatown housing market, which had been entering a recovery phase, showed an overall adjustment as both transaction volume and prices softened...

“Because It’s Korean”: The Truth Behind Brand Loyalty

A satisfaction rate of 84 percent and a repurchase intention of 88 percent. These are the results of the 2025 Korean Car Preference Survey. On...

Trump namedrops Korean shipbuilder for ‘Golden Fleet’ initaitive

Korean shipbuilders and defense firms are positioning themselves to join the U.S. Navy’s Golden Fleet initiative as Washington seeks rapid fleet expansion. Hanwha, HD Hyundai and Samsung Heavy are exploring partnerships, bids and technology cooperation under the Make American Shipbuilding Great Again push.

Complaints on Korean Automaker Focus on Frequent Breakdowns, Survey Finds

Frequent breakdowns, inconvenient after-sales service, and weak resale value remain the top Korean car quality complaints among Korean Americans, according to a recent consumer...

California Residents Face $2.56 Million in Lifetime Debt Burden

California residents are facing one of the heaviest lifetime debt burdens in the United States, with total repayments averaging $2.56 million per person, according...

H Mart pushes Northern California expansion

A real estate entity tied to H Mart has completed an $18.3 million purchase of a former Kohl’s property in Fremont, California, marking a...

Korean Cars Win Loyalty From Older Buyers, Face Test With Younger Drivers

Hyundai, Kia, and Genesis are among the most familiar auto brands in Korean American communities. A new online survey shows that Korean car preference...

Gov’t mulls suspension for Coupang over data leak, but experts question practicality

South Korea’s government is considering whether Coupang could face a temporary business suspension after a massive personal data leak and a delayed response. Experts say a suspension may be difficult to apply in practice and could also harm consumers and Coupang’s workforce.