Business

Spain and Japan tops tourist destinations among Korean Americans traveling abroad

The top European and Asian destinations for Korean-American travelers in Los Angeles this year were Spain and Japan. The Korea Daily surveyed six Korean-American travel...

Air Premia celebrates 2nd anniversary of service to LA with promotions on trips to Seoul

South Korean hybrid airline Air Premia is celebrating its second anniversary of service to Los Angeles today. From October 2022 to September 2024, Air Premia...

Korean food exports hit record high in U.S., defying inflation slowdown

South Korean agricultural and fishery food exports to the United States reached a record high of $1.52 billion through the third quarter of this...

South Korean companies reconsider U.S. investments amid uncertainty over subsidies

More than 70 percent of 30 domestic investors surveyed by the Korea Chamber of Commerce and Industry (KCCI) said they would delay, reduce or...

Secondhand market booms amid economic downturn, fueled by online platforms

The era of secondhand trading is booming, with the resale market rapidly expanding despite economic downturns. Key factors behind the growth of the secondhand market...

Mercedes-Benz sued for ‘false advertising’ after EV battery controversy

A group of Mercedes-Benz EV owners in Korea filed a class-action lawsuit against the German luxury carmaker asserting that it had deceived consumers with...

Homeowners building ADUs are advised to look out for unexpected fees and taxes

A resident of Buena Park, Orange County, is building a 1,000-square-foot accessory dwelling unit (ADU) to provide him with a stable income in retirement....

LA County opens Home Kitchen permits, raising concerns over program’s effectiveness

Los Angeles County is officially permitting people to operate small-scale restaurants out of their homes. This means that so-called “mini-restaurants” can now be operated...

Tips to lower car insurance rate might not work for everyone

Despite several ways to save on car insurance, it may not be as simple as it sounds. It was early September when I started searching...

Korean authorities accuse TikTok of violating communications and privacy laws

Korean authorities are cracking down on TikTok for the potential violation of regulations related to personal data and telecommunications, according to industry officials Monday. The...