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GLOBAL FUNDS CHALK UP GAINS
(Ap) |
While many types of mutual funds are enjoying a booming business these days, few are as hot as the i
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
DOLLAR BROADLY LOWER ON BEARISH SENTIMENT
Knight-Ridder Financial |
The U.S. dollar was broadly lower Wednesday, reflecting the newly bearish sentiment overhanging the
US DEPENDENT ON JAPAN'S MONEY
Dallas Morning News |
When Japanese investors caught gold fever last month, U.S. bond markets sneezed. Long lines
INSURANCE, AIRLINE ISSUES FALL
Gordon Platt |
Insurance and airline issues were among the notable decliners Wednesday as stock prices fell in acti
EMERY SHIPMENTS UP 4 PERCENT IN OCTOBER
Journal of Commerce Staff |
Emery Air Freight reported October shipments rose 4 percent and weight increased 8 percent over thos
PLATINUM DEMAND SEEN TOPPING SUPPLY IN 1986
Janet Porter |
The supply of platinum is expected to fall short of demand for the second consecutive year, accordin
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FINANCIAL BRIEFS
From Wire and Staff Reports |
Egypt Discussing Debt RestructuringPresident Hosni Mubarak said Egypt is holding talks with
COST OF CREDIT
JOC Staff |
Wednesday, Nov. 12, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
COMPENSATION DEMANDS IN RHINE POLLUTION GROW
Simon Cameron Moore |
France called on the Dutch and West German governments to join it in making demands for compensation
EXPLAINING INSURANCE CYCLES AGENTS AT PIA MEETING TOLD TO JUSTIFY PRICE SWINGS
Alan Herbert |
Insurance agents have a major job in explaining the truth of the insurance crisis, John P. Mascotte,
NEW PENSION INVESTING RULES ISSUED
Leah R. Young |
The Labor Department issued new rules designed to allow investment managers to invest pension plan a
MOBILE DOCKWORKERS CONTINUE STRIKE
Journal of Commerce Staff |
Longshoremen in Mobile, Ala., continued a strike that began Monday after negotiations broke down on
Maritime
ARGENTINE UNION PICKS LEADERS
Journal of Commerce Special |
Autocrats allied to the opposition Peronist movement have tightened their grip on Argentina's bigges
Maritime
BRAZILIAN STEEL EXPORTS DROP
James Bruce |
Brazilian steel exports are experiencing a dramatic decline as a result of heated demand on the loca
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Samsung Shipbuilding Gets French OrderSEOUL, South Korea - Samsung Shipbuilding and Heavy In
Maritime
FOREIGN VISITS
From Wire and Staff Reports |
Botha Speaks in France PARIS - South African President P.W. Botha said Western sanctions aga
Maritime
INTERNATIONAL LOANS
Staff Report |
IMF SENEGAL - $88 million from the International Monetary Fund in return for promises by the
Maritime
BRAZILIANS WAIT FOR ACTION ECONOMIC EASING SHOULD FOLLOW ELECTIONS
James Bruce |
Brazilians are waiting anxiously to see what measures will be taken to ease mounting strains on Pres
Maritime
JAPAN SURPLUS DOESN'T ALARM US ANALYSTS
(Ap) |
Some U.S. economists said they were not alarmed by the record $5-billion U.S. trade deficit with Jap
Maritime
INSIDE TALK ON SHIPPING
Joseph Bonney |
THE OTHER PARADE: Almost nobody noticed, but while New Yorkers were celebrating the Mets' World Seri
Maritime
PHILIPPINES GETS JAPANESE LOAN
Journal of Commerce Staff |
The Philippine government received a $204.3 million commodity loan from Japan Wednesday, highlightin
Maritime
AQUINO WOOS JAPANESE PHILIPPINE PRESIDENT SEEKS MORE INVESTMENT
A.E. Cullison |
President Corazon Aquino appealed to Japanese business leaders to expand their investment in the Phi
Maritime
32 NATIONS DISCUSS ANTARCTICA
(Ap) |
Representatives of 32 countries concluded two weeks of talks aimed at establishing a legal framework
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
S. Koreans to Expand Semiconductor OutputSEOUL, South Korea - Anticipating booming exports,
Maritime
PEPSI CLAIMS LEAD IN CHINESE MARKET
Jasper Becker |
With the official go-ahead for a third bottling plant, Pepsico Inc. believes it will be the largest
Maritime
TRADE FAIRS
From Wire and Staff Reports |
Duesseldorf Will Host Medical Trade ShowDUESSELDORF, West Germany - Medica '86, an important
Maritime
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSAbout 43,000 Ford Motor Co. salaried employees in the United States and Canada w
ARGENTINE DEFICIT AT LOW POINT
Jeremy Morgan |
The Argentine Treasury claimed the budget deficit was down to the lowest level since the government
HUNGARY TO GET BIG MACS
(Ap) |
The Big Mac is coming to the Soviet bloc. Representatives of the McDonalds fast-food chain s
BOND BID FOR ATLAS DEBT FAILS
Richard Gourlay |
The Bond Corp. of Australia has faltered in its attempt to take over $275 million of debt in the Phi
Maritime
AMERICAN BIOMATERIALS, BAVTREX SIGN CONTRACT
Journal of Commerce Staff |
American Biomaterials Corp. said Bavtrex GmbH of Munich, West Germany, can exclusively market Americ
US OFFICE VACANCY RATES REPORTED HIGHER THAN EVER
(Ap) |
Office vacancy rates in the United States are higher than they have ever been and will get worse unl
JAPAN'S COAL IMPORT HIKE WOULDN'T AID US
A.E. Cullison |
Proposed drastic reductions in Japan's coal output will mean more importsfrom the country's
COST-OF-LIVING RAISES BEING HALTED BY FORD
JOC Staff |
About 43,000 non-management Ford Motor Co. salaried employees in the United States and Canada will s
WORLD TODAY
From Wire and Staff Reports |
And the Winners Are WASHINGTON - The Department of Transportation selected 12 underwriters a
BANKS FACE TEST ON LDC LOANS 4 DEEPLY INDEBTED NATIONS REPORTED SET TO SEEK AID
Journal of Commerce Staff |
Next year will be a critical test of whether commercial banks will do their part in helping the econ
WAH KWONG CHARTS FRESH COURSE AS CREDITORS BACK RESCUE PACKAGE
P.T. Bangsberg |
After more cliff-hanging episodes than any TV soap opera, Wah Kwong Shipping & Investment Co. Ltd. s
TRUCKING ENGINEERS FEEL HEAT
Michael S. Lelyveld |
Truckers are turning the electronic revolution into a rebellion against electronic engineers.
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