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On February 3rd Hanwha Group announced in a regulatory filing that its chairman, Kim Seung-yeon, was among several officials being investigated for alleged embezzlement.
ECONOMIST: The Korea discount: Minority report | The
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He is a maverick in a country whose financial institutions have long operated around hak-yeon, ji-yeon and hyul-yun (school, hometown and kinship ties) and government diktat on who to lend to and how much.
CNN: HERE COME THE MAVERICKS
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World number two Na Yeon Choi of South Korea was in a five-strong group on five-under.
CNN: Tseng has company in battle for first women's major
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Defending champion So Yeon Ru of Korea was tied for 14th in a group including 17-year-old American Lexi Thompson, who was seeking to become the youngest winner of a major in either the men's or women's game.
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Chung Yeon-ok, an official with the Korean Nurses Association, concedes the lack of staff is a serious problem.
CNN: HOSPITALS IN FLUX