Korea Joongang Daily
Korea JoongAng Daily

CEO of Discovery Asset Management is arrested

Jang Ha-won, CEO of Discovery Asset Management, a troubled fund company accused of causing losses to investors of over 250 billion won, was arrested Wednesday.

2022-06-09

Investigations overdue

Financial authorities finally delivered a disciplinary action on Discovery Asset Management that caused 250 billion won ($209 million) in losses three years ago after withdrawals from its funds were suspended. In a plenary...

2022-02-17

Troubled investment fund linked to key administration officials

After the review, the operations of Discovery Asset Management were suspended for three months and CEO Jang Ha-won is prohibited from working for three months,. IBK, which sold about 30 percent of the funds, was fined 4.7 billion won.

2022-02-17

Noraebang blues

Jang Ha-sung, former presidential policy chief and current ambassador to Beijing, has outraged young people as his name was included in the list of lecturers who used Korea University’s corporate card to...

2020-10-20

China will start giving visas to Koreans soon

China has agreed to issue visas to South Korean students and employees starting next month, Seoul’s top diplomat to Beijing said Monday.

2020-07-27