68.3 F
Los Angeles
Tuesday, September 9, 2025

LATEST NEWS

Korean American Developer Launches $525M Luxury Condo Project in NYC

Incoco Capital, a Korean American real estate development firm, has broken ground on a 55-story luxury condominium in Court Square, Long Island City (LIC),...

Crescent Heights Proposes LA’s Largest Condo Conversion in 52 Years

A 40-story luxury tower in Century City could soon undergo the largest condo conversion Los Angeles has seen in more than five decades, if...

Gen Z Drives Surge in Superfake Market Amid Luxury Brand Skepticism

A growing number of Gen Z consumers are turning to “superfakes”—highly convincing counterfeit luxury goods that closely resemble authentic products. These items, once dismissed...

Koreatown Apartment Project Approved After Appeal Denied

A new Koreatown apartment development has received final approval from the Los Angeles City Planning Commission, despite opposition. According to Urbanize LA, the commission dismissed...

California Housing Demand Outpaces Supply 4 to 1

California’s housing shortage has reached critical levels, with demand far exceeding available units in major cities like Los Angeles, according to a new report...

Hanmi Bank Adds Wire Transfers, Biometric Login to Business Accounts

Hanmi Bank has significantly upgraded its digital banking services for business checking account holders, introducing expanded online functionality and enhanced security tools. With the latest...

ICE Arrests 10 Korean Nationals in California After Trump Takes Office

Since the start of the Donald Trump administration on January 20, 2025, a total of 10 Korean nationals have been arrested for immigration violations...

LA Convention Center Tower Project Approved with Hotel, Apartments

A major high-rise development has been approved near the Los Angeles Convention Center, bringing a new hotel and mixed-use complex to the area. The Los...

Southern California-Based Korean American Banks Expand Eastward in Search of Growth

Korean American banks headquartered in Southern California are rapidly expanding into the East Coast, signaling a strategic push to capture new markets and meet...

LA Cooling Center Policy Change Follows Heatwave Access Failures

The City of Los Angeles has implemented a cooling center policy change after a report by The Korea Daily revealed that several designated locations...