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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
DOLLAR DROPS ON VIEW OF ECONOMIC SLOWDOWN
Knight-Ridder Financial |
The U.S. dollar drifted broadly lower at midday Wednesday on perceptions - reinforced by Federal Res
LURE OF THE BUY-OUT LED MIDWEST EXECUTIVE TO A NEW WAY OF LIFE
Kevin Commins |
One year ago, Thomas Quinn oversaw 45,000 people in his post as group vice president at Baxter Inter
IND. MAKES TRADE PITCH IN FAR EAST
Kevin Commins |
A recent trade mission to the Far East by local business leaders may soon lead to "concrete" deals,
ETIQUETTE EXPERT'S NEW BOOK LISTS 'DOS AND TABOOS' OF GLOBAL TRADE
Jeff Reisner |
Cognac is a popular gift in China. Be prepared to eat with your hands when visiting the Midd
ENERGY BRIEFS
From Wire and Staff Reports |
JAPAN ACCEPTS CHANGE IN INDONESIAN TERMSJAKARTA, Indonesia - Japan has agreed on a new prici
WORKING RIG COUNT DECLINES BY 3 TO 740
(Ap) |
The number of working rotary oil-drilling rigs in the United States fell by 3 to 740 in the week end
BOEING TO INCREASE WORK FORCE IN WASH.
Journal of Commerce Staff |
Record orders for jetliners are prompting the Boeing Co. to hire another 5,000 workers in Washington
Air Cargo
AIRLIFT INTERNATIONAL MAPS NEWOPERATIONS
Richard Leonard |
After a lengthy and near-fatal period under Chapter 11 protection from its creditors, Airlift Intern
Air Cargo
EUROPE OFFERS PROMISE, RISK AS SINGLE MARKET
TOM MCNIFF Jr. |
Electronics service companies should be cautious in finding a market niche, but should also be poise
BILL ARMBRUSTER'S TRADE TALK
Bill Armbruster |
EXPORT APATHY: Putting pressure on foreign governments to tear down tradebarriers won't help
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
INDIAN HANDLOOM SALES TO US FACE QUOTASNEW DELHI, India - Handloom exports to the United Sta
Maritime
HONG KONG TO FIGHT EC DUMPING CHARGE
P.T. Bangsberg |
Local exporters will be encouraged to "defend themselves vigorously" against European charges of dum
Maritime
TAXING CASH PAYMENTS IN MERGERS IS CLARIFIED
Leah R. Young |
The Internal Revenue Service lost its bid to tax, as implicit dividends, cash payments made in corpo
NEWS SUMMARY
JOC Staff |
*EC 1992 Regulatory Roundup 4A * William Armbruster - Trade Talk 5A* Tom Connors - Washingto
B.A.T. INDUSTRIES TO EXPAND NEWLY ACQUIRED US SUBSIDIARY
Edwin Unsworth |
B.A.T. Industries PLC, the diversified British conglomerate, announced Wednesday its plans for expan
INTERNATIONAL BRIEFS
Wire and Staff Reports |
REP. GEPHARDT TO HEAD TRADE TASK FORCEA House trade task force was appointed Wednesday to dr
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
VENEZUELAN STILL SEEKS RESTRUCTURING OBJECTIVE
From Wire Reports |
Talks with foreign banks on restructuring Venezuela's 13-bank advisory committee will continue late
SEATTLE PORT OFFICIAL WON'T SEEK RE-ELECTION
John Davies |
The embattled former president of the Seattle Port Commission won't seek re- election to the port bo
Maritime
PRODUCTS MARKETPLACE
A Staff Report |
Caustic Soda Olin Corp., Stamford, Conn., increased its schedule prices for dry caustic soda
FINANCIAL BRIEFS
Wire and Staff Reports |
PERU RESTATES PLEDGE TO PAY BANK DEBTAMSTERDAM, Netherlands - The Economy and Finance Minist
GREENSPAN SAYS INFLATION IS KEY TO RECOVERY'S FATE
Knight-Ridder Financial |
Federal Reserve Chairman Alan Greenspan Wednesday said that if the Fed successfully represses inflat
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year3/22 3/21 Ch
CANADIAN AIR OFFICIAL RESIGNS
Journal of Commerce Staff |
A senior official of Transport Canada, the federal transportation agency, has resigned over a leaked
Air Cargo
GROUP'S NEW HIRE IS SIGN OF GLOBAL SCOPE OF EDI
Tony Seideman |
The sun never sets on the world of electronic data interchange. Once the province only of ra
MARITIME BRIEFS
From Wire and Staff Reports |
1ST OVERSEAS SHIP DUE IN DETROIT ON APRIL 3Detroit port officials are anticipating a signifi
Maritime
LOW-DENSITY CARGO CHARGES REDUCED AT SEATTLE PORT
John Davies |
In a bid to draw cargo away from low-cost programs in California, the Port of Seattle is reducing ch
Trucking News
PEOPLE - INSURANCE
From Wire and Staff Reports |
CONSTITUTION REINSURANCE CORP. (New York) - Bruce M. Greene was named a senior vice president, claim
US, INDONESIA INK COPYRIGHT PACT
Journal of Commerce Staff |
U.S. Trade Representative Carla Hills and Indonesian Foreign Minister Ali Alatas signed an agreement
S. KOREANS RIOT OVER DEPARTURE OF US COMPANY
Hannah Moore |
Employees of an American-owned company Wednesday wrecked the offices of the American Chamber of Comm
JAPAN WAITS FOR MANILA TO SUBMIT PROPOSAL ON GLOBAL AID SCHEME
A.E. Cullison |
Japan is waiting for the Philippines to submit specific proposals for funding under an international
116 NATIONS ADOPT TREATY ON HAZARDOUS WASTE TRADE
From Wire Reports |
Most of the world's governments adopted a United Nations-sponsored treaty Wednesday to check the pro
ASARCO ACQUIRES UNIT FROM FINIMASA AG
Journal of Commerce Staff |
Asarco Inc. announced that it has acquired the Imasa Group from Finimasa AG, a Swiss company, for ap
NOL COMES OFF STATE-CONTROLLED CARRIER LIST
WILLIAM DiBENEDETTO |
The Federal Maritime Commission has removed the Singapore-flag Neptune Orient Lines Ltd. from its li
Maritime
BUSINESSES URGED: BACK PRODUCT BILL
Paula L. Green |
An organized effort by U.S. manufacturers can overcome the opposition of trial lawyers in the ongoin
MALAYSIA'S GDP INCREASES 8.5 PERCENT
Knight-Ridder Financial |
Malaysia's real gross domestic product grew at an annual rate of 8.5 percent in the third quarter of
BUSINESS IN TODAY'S NEWS
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
CLOGGED PIPELINE FOR CHILEAN FRUIT RESULTS IN IDLING OF SOME SHIPS
Gloria Joseph |
Seven ships each holding roughly $6 million of fruit from Chile are tied up around Philadelphia wait
CALENDAR NOTES
JOC Staff |
Midwest Foreign Commerce Club, annual Custom House Broker and Freight Forwarder Night. April 3, Nava
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