65.1 F
Los Angeles
Sunday, July 13, 2025

KOREA

HD Hyundai reports 61.8% drop in operating profit

HD Hyundai reported a 61.8 percent decline in operating profit compared to the same period last year, posting 472.6 billion won ($369.94 million) as...

LG Electronics sees operating profit decrease to $580M

LG Electronics reported a 6.3 percent decrease in operating profit on year to hit 741.9 billion won ($580 million) in the April-June period, primarily...

Customs service seizes record total of illegal drugs

The Korea Customs Service seized a record total of drugs in the first half of this year. Customs officials impounded 329 kilograms (725 pounds) of...

Korea commemorates 70th anniversary of Armistice Agreement

President Yoon Suk Yeol underscored that the South Korea of today exists because of the sacrifices of the United Nation forces, marking the anniversary...

KACCLA unveils bold projects to boost Korean American small businesses

The 47th President and Board of Directors of the Korean American Chamber of Commerce Los Angeles (KACCLA) have commenced their activities with a focus...

Hyundai Motor reaps record $3.3 billion profit in Q2

Hyundai Motor posted another all-time high operating profit of 4.24 trillion won ($3.32 billion) for the April-June period, up 42.2 percent on year, driven...

Kakao employees protest handling of recent layoffs

Unionized workers of Kakao staged a protest on Wednesday in front of the tech company's Pangyo headquarters in Gyeonggi, demanding executives take responsibility for...

Kim Jong-un visits graves of Chinese troops killed in Korean War

North Korean leader Kim Jong-un on Tuesday paid his respects at cemeteries where Korean and Chinese soldiers are buried to commemorate the 70th anniversary...

Police release photo, identity of Sillim Station stabber

The man who went on a stabbing rampage near Sillim Station in Gwanak District, southern Seoul, last Friday, killing one and injuring three others,...

Posco Int’l inks oil and gas contract with Indonesia

Posco International and Indonesia’s state-run Pertamina Hulu Energi (PHE) signed a production-sharing agreement with the Indonesian government for an offshore oil and gas field...