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FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
KUWAIT EXPANDS UK PRESENCE
Bruce Barnard |
Kuwait has moved deeper into the British downstream oil market by acquiring 500 gasoline stations fr
ON THE MOVE PARKER NAMED PRESIDENT OF IOA RE
Staff Report |
IOA Re appointed John W. Parker Jr. president, a new position at this reinsurance underwriting manag
BATTLE FOR SAN MIGUEL ENTERS NEW PHASE
Richard Gourlay |
The battle for control of San Miguel Corp., the largestindustrial corporation in the Philippines, en
Maritime
US, JAPAN SET TRADE TALKS
Knight-Ridder Financial |
Japan and the United States will start trade talks in Geneva shortly on a U.S. request to lift Japan
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
Itel Agrees to Purchase Flexi-Van Fleet, AssetsItel Corp. has entered into a formal agreemen
US AND EUROPE WELCOME ATR-42S
Howard Schissel |
The Franco-Italian 42-50 seat twin-turboprop commuter airliner, the ATR-42, is making a major impact
CONRAIL ENGINEER HOSPITALIZED
(Ap) |
The Conrail engineer whose locomotive caused the fatal Amtrak crash Jan. 4 has been admitted to a ps
CUSTOMS AGENTS TAKE THE BITE OUT OF SMUGGLING RARE ANIMALS
Seth Rosenfeld |
The airmail package from Australia was labeled camera lens" - but when a U.S. Customs inspector open
Maritime
EC TO LIMIT DAIRY PURCHASES
(Ap) |
European Community farm ministers Wednesday agreed to allow the ECCommission, under certain
Maritime
USDA SEES CORN EXPORT TURNAROUND
Knight-Ridder Financial |
Although the Agriculture Department has kept its 1986-87 U.S. (September- August ) corn export forec
DOLLAR NEARS TOP OF ITS RANGE
Knight-Ridder Financial |
The U.S. dollar moved toward the high end of its recent trading range Wednesday in light activity.
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
BRAZILIAN CRISIS UNLIKELY TO SPUR DOMINO EFFECT
Janet Porter |
There is little concern among Britain's banks that Brazil's deterioratingfinancial position
SOVIETS MAY INCREASE FOREIGN BORROWING
Journal of Commerce Staff |
The Soviet Union is likely to step up its borrowings in the international capital markets over the n
FINANCIAL BRIEFS
From Wire and Staff Reports |
Midwest Exchange To Trade OTC StocksCHICAGO - The Midwest Stock Exchange will become the fir
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
OIL INVENTORIES FALL, GASOLINE HOLDS STEADY
Journal of Commerce Staff |
Supplies of distillate oil declined, while gasoline inventories were unchanged, according to the Ame
N. KOREA HITS SOUTH'S DAM PROJECT
(Ap) |
North Korea denounced South Korea's project to construct a massive dam near the demilitarized zone,
DEBTOR COUNTRIES REPORTED IMPROVING
Richard Lawrence |
A Treasury Department official cited considerable progress toward improving the economic prospects o
WORLD TODAY
From Wire and Staff Reports |
New US-EC Rifts? WASHINGTON - More potential trade policy disputes threaten U.S.-European Co
BUSINESS FAILURES ROSE IN JANUARY
Journal of Commerce Staff |
U.S. business failures in January increased 0.5 percent to 5,614 from 5,586 a year ago, according to
WEST COAST BRIEFS
From Wire and Staff Reports |
Court Rules Against Northrop in Saudi CaseA company controlled by arms dealer Adnan Khashogg
Maritime
HOUSE HEARINGS LIKELY ON PRODUCT LIABILITY
Leah R. Young |
The chairman of the House Commerce Committee has agreed to plunge ahead this spring with hearings on
VENEZUELAN BANKS GET NOD FOR DEBT-EQUITY SWAPS
(Ap) |
Venezuela and its major commercial bank creditors have agreed to allow the conversion into shares of
Maritime
MACHINE TOOL ORDERS RISE
(Ap) |
The National Machine Tool Builders Association reported that net new ordersfrom abroad in Ja
INDONESIA BULLISH ON INVESTMENT
(Ap) |
Foreign investment in Indonesia declined last year, but officials saw a sharp upturn in the year's s
Maritime
AILING SHIPPING FIRMS LIST $2 BILLION IN ASSETS, DEBTS
Journal of Commerce Staff |
According to documents filed in court, the four companies that filed for bankruptcy protection on No
Maritime
BOX RULING NEAR, FMC CHIEF SAYS
Journal of Commerce Staff |
The Federal Maritime Commission chairman said its long-awaited decision on stripping and stuffing sh
Maritime
INSURANCE EARNINGS BRITAIN'S CU REPORTS STRONG 1986 RECOVERY
Edwin Unsworth |
Commercial Union Assurance Co., one of Britain's largest insurers, reported a pretax operating profi
SPOT PRODUCT PRICES
JOC Staff |
March 4, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
GE OPTIMISTIC ON CONTAINMENT
(Ap) |
General Electric Co.'s chemical-containment system has looked promising since it began operating las
UNION ACCEPTS WAGE REDUCTION
Journal of Commerce Special |
Members of the Portland chapter of the Pacific Metal Trades Council voted to accept a new wage cut c
Maritime
HOW NVOCCS CAN COMPETE AGAINST SERVICE CONTRACTS
Gerald Wardell |
One of the more controversial provisions of the Shipping Act of 1984 is the section that permits oce
BEEF ACCORD SEEKS END TO NON-TARIFF BARRIERS
Bob Burgdorfer |
There is room for "all of us" in the Japanese beef market, if that market can be opened up, said Jac
Maritime
TOYOTA MOTOR CORP. REMAINS JAPAN'S HIGHEST EARNING FIRM
(Ap) |
Toyota Motor Corp. last year remained Japan's highest earning company for a fifth consecutive year,
Maritime
TRADE LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
NEWS SUMMARY
JOC Staff |
GENERAL NEWS The U.S. electronics industry announced plans to develop a non-profit corporati
EFFICIENCY STANDARDS ON APPLIANCES LIKELY
Journal of Commerce Staff (AP) |
New legislation to set national energy efficiency standards for refrigerators, heat pumps and other
Maritime
CONFERENCE TO ADDRESS LDC DEBTS
Journal of Commerce Staff |
Financial leaders from Latin America, economists and U.S. bankers will address a March 16 conferenc
Maritime
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