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...TOOK OFFICE. VINCENT CHENG, 56, the first ethnic Chinese Chairman of the Hongkong and Shanghai Banking Corporation, the Asia-Pacific arm of HSBC Group, the world's second-largest bank by assets and a symbol of British colonial power; after being named to the position last December; in Hong Kong. Cheng, who grew up in a working-class tenement and suffered from polio as a child, embraced social activism in the early 1970s (he was once arrested while protesting the demolition of a squatter camp) before joining the bank in 1978 and rising rapidly through the ranks. On reporting...

Author: /time Magazine | Title: Milestones | 5/30/2005 | See Source »

After a night of defensive anxiety and hurried at-bats—thanks, in part, to the rowdy presence of the second-largest crowd in Fullerton history at 3,604 strong, as well as ESPN cameras and the pressure of playing the champs—the Crimson will benefit from playing before a customarily smallish crowd against Missouri...

Author: By Alex Mcphillips, CRIMSON STAFF WRITER | Title: Baseball Readies for NCAA Elimination Game Against Missouri | 5/27/2005 | See Source »

...last was in 1977 when the U.S. was coming out of recession. What we are seeing with China, and with India behind it, is analogous to the European economic miracle of the 1950s and 1960s. A dozen years ago, China didn't even import oil. Today it is the second-largest oil market. What U.S. motorists are seeing at the pump reflects strong economic growth in China...

Author: /time Magazine | Title: Energy: Entering a New Oil Era | 4/17/2005 | See Source »

...said in a statement posted on its website. The company also stated that all workers on the pipeline project were voluntarily employed and compensated for their work and that no villages were relocated. On April 4, two weeks after Unocal announced the settlement, ChevronTexaco Corp.—the second-largest American oil company after ExxonMobil—revealed its plans to purchase Unocal for about $16.8 billion...

Author: By Nicholas M. Ciarelli and Daniel J. T. Schuker, CRIMSON STAFF WRITERSS | Title: Unocal Investment Draws Ire | 4/15/2005 | See Source »

...million Europeans had lost their lives during the war; alongside them fell 160,045 Americans, 45,057 Canadians and thousands of others of non-European nationalities. Since then, in a near-miraculous turnabout, the nations of Western Europe have risen from the rubble and grown into the world's second-largest economic entity, ranking below only the U.S. In a remarkable fashion, that accomplishment owes much to the superpowers. From the West came the generosity and vision of the U.S., through the Marshall Plan; that grand recovery scheme, conceived under the aegis of then Secretary of State George C. Marshall...

Author: /time Magazine | Title: V-E Day: From Rubble To Renewal | 4/12/2005 | See Source »

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