October 5, 1988 |
Facing an unfamiliar and sometimes unbending banking system in the United States, thousands of Korean immigrants rely on an ancient Asian lending practice known as a kye to finance their prospering small businesses in Los Angeles and other cities. In a kye , a group of a dozen or more friends or associates get together monthly and each contributes the same amount, usually ranging from $100 to $50,000, to a common pot.
November 26, 1991 |
In the second sale of a Southland hotel to Korean investors in less than a week, Seoul-based Koreana Hotel Co. has purchased the Hyatt Wilshire Hotel for about $25 million in cash, according to sources close to the deal. The purchase of the 396-room hotel from Hyatt Corp. came after Korean-born investor Charles Lee paid $18.1 million at an auction last Thursday for the 150-room Doubletree Resort in Cathedral City near Palm Springs.
October 22, 1994 |
With the zeal of an evangelist and humor of a comic, Byung Sik Hong travels around Los Angeles and Orange counties urging Korean immigrants to put on a happy face and smile. "Practice smiling every chance you get," advises Hong, a Korean American management expert and volunteer cultural sensitivity trainer. "Even if you speak broken English, you can still convey friendliness with a smile, a firm handshake or a pat on the back."
CALIFORNIA | LOCAL
January 27, 1994 |
As soon as word got out that Hyun Sook Lee, an immigrant from Korea, had lost her husband, son and home in the Northridge earthquake, the Los Angeles community of Korean immigrants and their American-born descendants swung into action. * Within days, the 42-year-old Northridge resident had played host to a steady stream of visitors, including the Korean consul general and envoys from several charities. Community members donated thousands of dollars to Lee and her surviving son, Jason.
June 21, 1993 |
It was approaching midnight at St. Agnes Korean Catholic Church south of Koreatown, and a group of lay leaders were about to adjourn a workshop when three young men brandishing guns burst in and shouted: "Hands up and don't move!" The robbers shot Moon-Kyung Park in the right arm and took wallets, watches, wedding rings, cellular phones and beepers from 22 men, who had come from as far away as San Diego to attend the training seminar.
CALIFORNIA | LOCAL
December 11, 1988 |
Seon Hong Kim, who moved from Korea to the United States nine years ago, is a manager at the Hanmi Bank in Koreatown, where most of the employees and customers are Korean. Kim, who lives in West Hills, said the bank is starting a sort of affirmative-action program of its own: hiring non-Koreans. "We want to reach out," he said. Reaching out was the point Saturday at a conference at Good Samaritan Hospital in Los Angeles.
May 10, 1992 |
In the columns of black smoke that rose from Los Angeles during three days of rioting, some of the city's most powerful symbols of racial tension and community disenfranchisement disappeared from the landscape they once dominated. For decades, the cramped and faded liquor stores of South Los Angeles were a flash point of conflict over issues that have drawn, in many ways, from the same well of emotions that overflowed in the days of rioting.
July 7, 1992 |
In 1976, Ki Hwan Kim borrowed $25,000 from his family and became a pioneer in the San Fernando Valley. Then 39 and speaking little English, Kim ventured to Sepulveda and bought All Stop Auto Shop--the first Korean-owned body shop in the Valley. Today, however, some of Kim's fiercest competitors are other Korean-American entrepreneurs who recently migrated to the Valley from Koreatown, from elsewhere in Southern California and even straight from Korea.
December 24, 1992 |
The Black-Korean Alliance, the city's oldest organization dedicated to easing tensions between the two ethnic groups, has disbanded because members decided the group's focus on dialogue was not enough to improve relationships. The alliance of about 30 community groups broke up last month, about six years after it formed with the aid of the Los Angeles County Human Relations Commission.
CALIFORNIA | LOCAL
March 22, 1991 |
Tensions surrounding the shooting death of an African-American teen-ager at a Korean-owned market in South Los Angeles sharply escalated Thursday when a crowd of about 150 demonstrators gathered in front of the store, demanding that it be closed permanently. "We are declaring here today that this store will never reopen," said Danny Bakewell, president of the community group Brotherhood Crusade, as he stood with the crowd outside the market at Figueroa Street and 91st Place. "We . . .