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SECURITIES THE PRIVATE SECTOR'S FAVORITE US INVESTMENT
JOC Staff |
While corporate takeovers and real estate made up a sizeable block of Japanese investment in the Un
REAL ESTATE OPPORTUNITIES IN US
JOC Staff |
Real estate purchases in the United States represents another arena of investment for the Japanese.
BERMUDA STAR PLANS OFFERING PART OF PROCEEDS TO BE USED TO LEASE, OPERATE THIRD LINER
Chris Dupin |
Bermuda Star Line Inc. is planning a public stock offering to raise between $9.75 million and $12.75
Maritime
VIETNAM RETHINKS POLICIES
(Ap) |
Vietnamese leaders have unleashed a barrage of self-criticism, saying it is time to "purify" the nat
Maritime
COST OF CREDIT
JOC Staff |
Monday, December 15, (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
AVIATION BRIEFS
From Wire and Staff Reports |
NY Air to Discontinue Service to RochesterNew York Air said it will discontinue service to R
INDIA, US SIGN TEXTILE ACCORD CONCESSIONS SHARPLY INCREASE INDIAN ACCESS TO US MARKET
Neel Patri |
Textile exports from India to the United States, already rising, are likely to grow even more sharp
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
Working Rig Count Increases by ThreeThe number of working oil and gas rigs in the United Sta
PRODUCTION TURNS UP 0.6 PERCENT
John Boyd |
It was widely expected and landed right on target, but the 0.6 percent rise in U.S. industrial outpu
CONFIDENCE STEADIES
(Ap) |
Consumer confidence steadied in November after declining for more than a year, the Conference Board
GM SALES SLID IN EARLY DECEMBER
(Ap) |
Domestic auto sales by General Motors Corp. fell in early December compared with the previous year,
BELGIAN TUGMEN STRIKE
(Ap) |
Personnel of private towing companies started an indefinite strike Monday, hampering shipping traffi
Maritime
IMF MEDICINE HARD TO SWALLOW
(Ap) |
The government of Zambia recently got a much-needed $280 million loan from the International Monetar
Maritime
EC TRANSPORT MEETING ACCOMPLISHES LITTLE
Edwin Unsworth |
Transport ministers of the European Community met in Brussels Monday without making any significant
AUSTRALIANS ANALYZE EFFECT OF CANADIAN SUBSIDY PLAN
Rosalind Krasny |
The C$1 billion farm subsidy package, the special Canada grains pro gram, was a "soft option" that o
SEAWAY CLOSING NEARS
Leo Ryan |
Ship movements are proceeding smoothly through the St. Lawrence Seaway prior to the scheduled closin
Maritime
PHILIPPINES PUTS ASSETS ON BLOCK NON-PERFORMERS TARGETED
Richard Gourlay |
The government last week launched a privatization campaign and a drive to sell non-performing-assets
Maritime
SINGAPORE MAPS TOURISM PLAN
(Ap) |
The government plans to spend US$456 million to brighten up and develop facilities to attract more t
Maritime
STATE-RUN SHOPS IN BEIJING REVIVE HOLDING OF SALES
(Ap) |
Faced with stockpiles of unwanted goods, state-run shops in Beijing have revived the holding of sale
Maritime
LIEN AGAINST USL VESSEL WITHDRAWN
Journal of Commerce Staff |
United States Lines Inc. said Singapore Marine Engineering Service filed and then withdrew a lien ag
Maritime
SEA-LAND ADDS TO CARIBBEAN, LATIN SAILINGS
Journal of Commerce Staff |
Sea-Land Service Inc. announced it is stepping up its services linking the United States with the Ca
Maritime
RETAIL PRICES RISE 0.8 PERCENT IN UK
Journal of Commerce Staff |
Higher home mortgage charges contributed to a 0.8 percent rise in U.K. retail prices last month, pus
Maritime
FOREIGN VISITS
From Wire and Staff Reports |
4-Nation S. Africa Trip WASHINGTON - Under Secretary of State Michael Armacost will meet wit
Maritime
PROMISE IN ECUADOR SEEN FOR DEBT-EQUITY SWAP
Journal of Commerce Staff |
Ecuador is set to begin its debt-to-equity conversion program that some traders in the secondary mar
Maritime
DU PONT TO SELL UNIT TO POWER SILICATES
Journal of Commerce Staff |
The Du Pont Co. will sell its sodium silicates business to Power Silicates Inc., a subsidiary of Pow
CYANAMID ANTICIPATES EARNINGS GAIN
Journal of Commerce Staff |
American Cyanamid Co. projected earnings from continuing operations and net earnings for 1986 in th
LATIN AMERICAN PACT NO COMMON MARKET
James Bruce |
The presidents of Brazil and Argentina signed some 20 accords last week designed to expand cooperat
CONSUMER PRICES UP 0.1 PERCENT IN FRANCE
(Ap) |
The French consumer price index rose 0.1 percent in November, slightly better than the 0.2 percent
Maritime
HOSPITAL ASSOCIATION URGES LEGISLATIVE REFORM
Journal of Commerce Special |
The Massachusetts Hospital Association is seeking sweeping legislative reform it says is necessary i
SPOT PRODUCT PRICES
JOC Staff |
December 12, 1986 U.S. spot oil products price indications, sellers range, in cents per gall
OIL ANALYSTS OPTIMISTIC ON CUTS
Knight-Ridder Financial |
Oil analysts in London are optimistic the Organization of Petroleum Exporting Countries will agree t
BULLISH REPORTS BUOY OIL PRICES INDICATIONS OF OPEC ACCORD TRIGGER SPOT MART REVIVAL
Bruce Barnard |
Oil prices surged on the European spot market as the conference of the Organization of Petroleum Exp
FARM SUPPORT OPERATIONS POSSIBLE BUDGET TARGET
(Ap) |
Administration budget snippers are looking hard at farm price support operations as a prime target f
COMMODITY BRIEFS
From Wire and Staff Reports |
Canadian Subsidies Viewed as ConservativeThe U.S. considers the Canadian government's respon
US ANALYSTS FORECAST RISE IN PRECIOUS METALS PRICES
Knight-Ridder Financial |
Several precious metals analysts last week forecast higher silver, gold and platinum prices in 1987
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSLow producer prices and the rise in business inventories bring only a little che
Maritime
SINGAPORE MAPS TOURISM PLAN
(Ap) |
The government plans to spend US$456 million to brighten up and develop facilities to attract more t
Maritime
NEDLLOYD ACQUIRES COMMUTER AIRLINE
Bruce Barnard |
Royal Nedlloyd, the Dutch transport and energy group seeking to lessen its dependence on liner shipp
GERMANS SEEK NEW SUBSIDIES
(Ap) |
West Germany's Deutsche Airbus has asked the government for new subsidiesbecause of low doll
TRIPLE WITCHING HOUR APPROACHES
Gordon Platt |
The stock market is facing a potentially volatile week with the triple witching hour on Friday, and
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