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Sunday, May 18, 2025

CONSUMER

Korean Car Sales Hit Record in April: Hyundai, Kia, Genesis Up 16%

Korean car brands continued their strong sales momentum in April 2025, driven by sustained demand for popular SUV models despite a slowdown in electric...

Hope Bancorp Posts $21.1M Q1 Profit

Hope Bancorp, the holding company of Bank of Hope, reported a net income of $21.1 million for the first quarter of 2025, or $0.17...

Chipotle Cinco de Mayo Promotion Launches with 50,000 Free Burritos

Chipotle is launching a special Cinco de Mayo promotion, offering 50,000 free burritos, free delivery, bonus menu items, and a digital game giveaway. According to...

Hanmi Financial Reports $17.67M in Q1 Net Income

Hanmi Financial Corp., the holding company of Hanmi Bank, reported net income of $17.67 million for the first quarter of 2025, or $0.58 per...

Hyundai to showcase new IONIQ 9 in Koreatown from May 2 to May 18

Hyundai Motor Company is unveiling its all-new IONIQ 9, a flagship three-row electric SUV, at an exclusive exhibition in Los Angeles’ Koreatown from May...

U.S. Summer Vacation Survey Reveals 53% Plan Trips, 65% Cite Cost Concerns

A new survey reveals that fewer than half of Americans are planning summer vacations this year, with financial strain cited as the leading reason. According...

K-beauty Brands Loved by Hollywood Stars Up to 48% Off Amazon

K-beauty brands endorsed by Hollywood celebrities are being featured in Amazon’s summer beauty event, offering discounts of up to 48% through May 11. On April...

PCB Bank Launches 8th Annual Scholarship Program

PCB Bank (President and CEO Henry Kim) has officially opened applications for its 8th Annual Scholarship Program. The bank plans to award $3,000 each...

US Metro Bancorp Reports 76% Surge in Q1 Earnings, Signaling Strong Rebound

US Metro Bancorp, the holding company for US Metro Bank (President and CEO Dong Il Kim), reported net income of $2.59 million, or $0.16...

Shinhan Bank America Exits FDIC Oversight After 8 Years

Shinhan Bank America, the U.S. subsidiary of South Korea’s Shinhan Bank, has officially exited the Federal Deposit Insurance Corporation’s (FDIC) comprehensive anti-money laundering (AML)...