Denting copper: how far will Japan's massive trading scandal spread?

Article Abstract:

Sumitomo Corp fired trader Yasuo Hamanaka after it was discovered that he had manipulated copper prices for 10 years by falsifying records. The firm's losses could top $2.4 billion. News of the scandal caused copper prices to decline, which may cause financial problems for Canadian copper firms.

Prices and rates, Investigations, Copper industry, Ethical aspects, Securities fraud, Sumitomo Corp., Hamanaka, Yasuo

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A pillow-talk scandal: an intimate chat sparks the latest royal mess

Article Abstract:

A bawdy transcript of a conversation allegedly between Prince Charles and Parker-Bowles could lead to Charles' lack of succession to the throne or even the abolition of the monarchy. Continuous reports of misconduct involving members of the royal family have caused a change in public opinion.

Behavior, Charles, Prince of Wales, Royal houses, Camilla, Duchess of Cornwall

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A political meltdown; Indonesia's financial crisis sparks calls for Suharto's ouster

Article Abstract:

The rapid revaluation of the rupiah is encouraging many Javanese to demand that Pres Suharto retire when his term ends in Mar 1998. Political turmoil could threaten bail-out loans promised Indonesia by the International Monetary Fund, the World Bank and the Asian Development Bank.

Political aspects, Indonesia, Suharto, Opposition (Political science), Public opinion

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