Economic leaders vow reform, growth for 2016

The nation’s economic leaders kicked off the new year by expressing determination in creating structural reforms and securing growth potentials. Choi Kyung-hwan, the outgoing deputy...

When one job just isn’t secure enough

Mr. Lee, a manager at a major construction company in Seoul, works seven days a week. His company job keeps him busy on weekdays....

Lotte World Tower’s topping out

Lotte Corporation, a construction arm of Lotte Group, completed the final 123rd floor of the controversial Lotte World Tower in Jamsil, southeastern Seoul, on...

1 in 2 Koreans bought lottery tickets in 2015

One out of two Koreans have bought a lottery ticket in the past year, a survey by a government agency showed Wednesday. The Korea Lottery...

LA Residents are Moving to Harbor City to Avoid the Ever-Rising Rents

Rent is rising out of reach in Los Angeles and many of our fellow Angelenos are moving to Harbor City, according to the search...

U.S. Formally Asks for Changes to FTA

The Office of the United States Trade Representative sent a letter to the Korean government on Wednesday local time calling for a Joint Committee...

LA Apartment Rent Expected To Increase by 5% This Year

Apartment rents in the Los Angeles area are expected to increase by more than 5% this year. According to a report by 'Marcus and Millichap',...

Looking gloomy

A board at KEB Hana Bank in central Seoul on Monday shows the benchmark Kospi falling below the 1,900 mark for the first time...

Auto industry’s 2015 was mixed

2015 was good for Korea’s auto industry, with domestic sales hitting a record. But the year saw its share of troubles as well. Domestic sales...

Korean Characters Leading New Korean Wave

On November 11, which is the day people in China celebrate being singles by shopping offline and online, Alibaba’s shopping site T-mall went busy...

Koreatown News

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