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...CHARGED. CHEN JIULIN, 44, suspended ceo of China's state-owned jet-fuel importer, China Aviation Oil; with 15 counts including insider trading, forgery and failing to disclose losses, along with four other executives; in Singapore. The company, which enjoys a monopoly on buying fuel on the world market and selling it to customers in mainland China, lost $550 million last year speculating in derivatives linked to oil prices. According to an investigation commissioned by the Singapore stock exchange, Chen and his top executives concealed the losses from investors for much of last year...

Author: /time Magazine | Title: Milestones | 6/13/2005 | See Source »

...SEEKING ASYLUM. CHEN YONGLIN, 37, political-affairs consul at the Chinese consulate in Sydney; in Australia. Chen told Australian immigration authorities last week that he was part of a 1,000-strong Chinese spy network in the country responsible for keeping tabs on Chinese dissidents and members of the Falun Gong religious group, and that he would "rather die" than return home. His request has not yet been granted and he remains in hiding in Australia with his family. Australian Health Minister Tony Abbott said Chen "is at no risk of being sent back to China." A Chinese Foreign Ministry...

Author: /time Magazine | Title: Milestones | 6/13/2005 | See Source »

...Cheng-San Chen—the owner of Louie’s Superette near Mather House—fell victim to the heightened security around his store. An undercover Cambridge Police Department officer, suspicious about four people who exited the store carrying alcohol, discovered that the students were underage. Chen avoided jail time and had his liquor license suspended for 12 days at the end of June 2004. Only a week after that Cambridge Licensing Commission decision, Chen was again robbed at gunpoint. Chen announced in March 2005 that, after 18 years behind the counter, he sold the superette...

Author: By Jonathan P. Abel and Jenifer L. Steinhardt, CRIMSON STAFF WRITERSS | Title: For Four Years, Crimson Crimes Bordered on the Bizarre | 6/9/2005 | See Source »

Shelters find themselves crunched for space as they struggle to house those who can’t find homes of their own. Yi-Chen “Lilly” Zhang ’07, a supervisor at UniLu, says that overcrowding and a lack of resources have even caused fights to erupt among those who sleep at the shelter...

Author: By Anna M. Friedman and Daniel J. Hemel, CRIMSON STAFF WRITERSS | Title: The Big Freeze | 6/9/2005 | See Source »

...students—Ellen Chen, Eric Ho, Nour Jallad, Rick Lam, and Ying Zhou—conceived of their plans before the April entry date of the competition, which was sponsored by MIT’s Special Interest Group in Urban Settlement (SIGUS) and open to Cambridge-based designers...

Author: By Sarah E.F. Milov, CRIMSON STAFF WRITER | Title: Students Win Prize for Design | 6/8/2005 | See Source »

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