Two brokerage executives step down in China probe
Article Abstract:
Two executives at J&A Securities, the most profitable brokerage company in China, resigned from their positions after they were questioned by government officials over financial irregularities. J&A's chairman Zhang Guoqing and President Yang Jun handed in their resignations as China attempts to control a growingly out-of-control financial system. China is trying to control its financial system before another major economic crisis begins in the Asian region.
Comment:
Two executives at J&A Securities, the most profitable brokerage company in China, resign from their positions
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Mobil and Shell plan a refining venture by Australian units
Article Abstract:
Mobil Oil Australia Ltd. and Shell Australia Ltd. announced that they will jointly create a refining venture that will have a daily 400,000 oil barrel capacity. Both firms signed a memorandum of understanding to that effect. Mobil Oil Australia and Shell Australia stated that the joint venture would permit refiners in Australia to successfully compete against Asian exports. The Australian businesses of both firms will be merged in the deal.
Comment:
Co and Mobil Oil Australia will jointly create a refining venture that will have a daily capacity of 400,000 barrels of oil
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Mobil, Royal Dutch quit project in Peru to supply natural gas
Article Abstract:
Mobil Oil Corp. and Royal Dutch/Shell Group of Cos. are withdrawing from the huge Camisea natural gas project located in Peru. Both firms asserted that the project became unprofitable following the Peruvian government's demands to provide gas locally at reduced prices. Mobil and Royal Dutch have spent $250 million and more than two years in the development of the fields. The fields are located approximately 350 miles east of Lima.
Comment:
Mobil Oil Corp. and Royal Dutch/Shell Group of Cos. withdraw from the huge Camisea natural gas project located in Peru
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Consumer affective reactions to product problems when the timing of warranty expiration varies. Profiling pharmaceutical allergy medications by symptoms and their relief: a study of consumer perceptions
- Abstracts: Symonds moves into Perth in grand style. Prices soar as Western Australians build their latest Millionaires Row
- Abstracts: The structure of strategic thinking: a lexical and content analysis. Owner-manager's discourse: the metaphors-in-use
- Abstracts: Radio writer pleads guilty in child pornography case. Hearst Magazines rejoins Publishers' ad group. In a revised campaign, American Business Press drops familiar faces in favor of anonymous eyes
- Abstracts: In the battle for allies, Aliant and Alliant are fighting words. Telebras wards off competition