Word: citic
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...action, Peterzan pushed No. 108 Charleen Haarhoff to three sets, but ultimately lost 7-5, 2-6, 6-3. In the sixth position, Davis, trailing six games to five and behind 40-0, fought back for a gritty 7-5 first-set victory. Davis’ opponent, Marija Citic, then retired, to give Davis her second victory of the weekend. In doubles action, the three Harvard pairings failed to win a match. WILLIAM & MARY 6, HARVARD 1 The Tribe’s two nationally-ranked players proved too much for the Crimson. At No. 1 singles, No. 86 Katarina Zoricic...
...HBOS. Washington Mutual, the U.S.'s largest thrift, put itself up for auction, and Wells Fargo and Citigroup might be interested, according to reports. Morgan Stanley appeared to be on the table too. There were murmurs the investment bank was holding conversations with Charlotte-based bank Wachovia. Chinese conglomerate Citic Group, owner of China Citic Bank, was also said to be sniffing around...
...Venezuela is also looking abroad to alleviate its housing woes. It has struck a deal with Chinese conglomerate Citic to build 20,000 new houses within two years. Even so, Patricia Duran and her fellow protesters say the housing plight is so dire in Caracas that the Mayor needs to find land where he can - even if it means expropriating golf courses. "If we have to go to that extreme, we have to do it," she said. "I imagine the rich are angry right now, but there's nothing else we can do. It's better if they help...
...state in 1956 and took up a series of prominent government posts. Forced to sweep streets and haul coal during the Cultural Revolution, he was later rehabilitated by Chinese leader Deng Xiaoping to help promote international commerce. In 1979 he founded the China International Trust & Investment Corporation (CITIC), a key player in attracting foreign capital to the mainland and investing Chinese funds overseas. Although never a member of the Communist Party, Rong served as China's Vice President from 1993 to 1998; in 1999 and 2000 Forbes magazine named him the richest man in China...
...Peking, Rong Yiren is doing all he can to ensure that. Among his dreams for the future is a Chinese stock market. While today that may seem like a remote possibility, Rong has a record of achieving his goals. Reviewing the pathbreaking work of CITIC, Rong proudly declares, "I did it my way." --By John Greenwald. Reported by Luca Romano/Peking and Frederick Ungeheuer/New York