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Business

California auto insurance rates soar 45% in a year, yet to climb even higher next year

Auto insurance rates in California have increased by 45% in a year. The average annual premium in California was $2,417 for full coverage in June...
Business

Gov’t to urge carmakers to disclose EV battery details as fire-driven phobia spreads

All auto manufacturers in Korea will be advised by the government to voluntarily disclose the details of the batteries installed in their EVs —...
Business

Mercedes fire sparks used EV selling spree as prices plummet

EVs are piling up in the used car market — and prices are sliding — as people terrified by a recent Mercedes EV explosion...
Business

New NAR rules set to ease real estate negotiations and potentially lower commission

The National Association of Realtors (NAR) will implement changes to its real estate transaction commission rules starting on August 17. Earlier in March, the NAR...
Business

‘Not in my backyard’: EV-phobia spreads across Korea

“I will never buy EVs, and won’t even park my car near EVs,” said Kim Jung-ki, a man in his 50s living in Yongin,...
Business

Asiana Airlines expands flights from SFO to Korea, changes ‘Value business class’ upgrade price

Asiana Airlines is launching a special offer in conjunction with its increased service to San Francisco (SFO). Asiana Airlines announced that starting October 28, the...
Business

Korea Franchise Association to hold franchise investment seminar on Aug. 22 in OC

The Korea Franchise Association USA (KFAUSA) is holding the '6th K-Franchise U.S. Investment Presentation' from 2 p.m. to 6 p.m. on August 22 at...
Business

Hyundai Motor to mass-produce ‘wearable robot’ exoskeleton in December

Hyundai Motor plans to begin mass-producing “wearable robots” this year. The Korean automaker said Wednesday that its domestic plants would begin the mass production of...
Business

Air Premia offering lowest price in the year deals on flights to Korea from LAX and SFO

Air Premia has launched a special promotion on flights to Korea. The offer, which began on August 4, allows Air Premia members to book one-way...
Business

Rare $5 bills with unique serial numbers could fetch thousands

Some $5 bills with serials such as “G88888888A” or “B55555555C” could be worth thousands due to them carrying a “solid” serial number — meaning...
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