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...

‘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,...

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...

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...

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...

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...

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...

SK hynix secures $450M grants for $3.9B investment in Indiana

SK hynix will be given a subsidy of up to $450 million for its $3.9 billion chip-packaging facility in Indiana, the U.S. Department of...

Korean Air, Asiana to swap flight attendants after U.S. approves merger

Korean Air and Asiana Airlines cabin crews will begin swapping duties as early as next year once the two companies' planned merger is approved. The two...

K-pop artists’ Modern Pilates recruiting international trainees for instructor course

MPI Modern Pilates is entering the U.S. market. In South Korea, Modern Pilates is an industry leader, playing a significant role behind the scenes...