Business

Baby Boomer Business Owners Face Succession Crisis

As more Korean American baby boomer business owners reach their retirement age, a growing number of them are shutting down their businesses without a...

Affordable Housing Planned Near 8th & Westmoreland in Koreatown

A new affordable housing development is planned for 2900 Francis Avenue, near 8th Street and Westmoreland Avenue in Los Angeles’ Koreatown, according to a...

Asian Markets Surge in Irvine as H Mart, Tokyo Central, and T&T Expand

Irvine is becoming a key hub for Asian food markets, driven by rising demand from the city’s growing and diverse Asian population. As of 2024,...

Return Fraud Costs U.S. Retailers $101B, Korean Businesses Hit Hard

Jane Jung, who runs an online store selling Korean-made clothing, says she lost up to 20% of her sales this year due to return...

9 Korean Restaurants Named to NYT’s Top 100 NYC List

Korean cuisine continues to gain international recognition, as nine Korean restaurants were named to The New York Times “Top 100 Restaurants in New York...

Czech Republic finalizes $18B nuclear power contract with South Korea, overcoming French opposition

he Czech Republic has finalized an $18 billion nuclear power contract with Korea Hydro & Nuclear Power, overcoming a French legal challenge that had delayed the deal.

10 Korean American Business Leaders Named to LA500 List

Ten Korean American entrepreneurs and executives have been selected for this year’s LA500 list, which recognizes the most influential figures in the Los Angeles...

Koreatown crab restaurant named one of LA’s best seafood spots

Eater LA, a leading food media outlet, has named Rich Crab, a Korean seafood restaurant in Los Angeles’ Koreatown, to its latest list of...

Korean Auto Brands Top 2025 Best Cars for Teens List

As graduation season begins, more parents are focused on buying cars for their teenage children. Experts advise that with the right choice, parents can...

Jamison Properties Secures $220 Million Refinancing for Koreatown Luxury Apartment

Jamison Properties, a Korean American real estate firm, has secured more than $220 million in refinancing for its luxury apartment complex, Opus, located in...