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CHINA EYES CRACKDOWN ON 'ROGUE' INSURERS AS CONCERNS GROW
P.T. Bangsberg |
Insurance is the latest sector of China's growing economy to come under the eye of regulators hoping
THE ECONOMY
From Wire Reports |
REVISED GNP DATA CALLED DISCOURAGINGThe revised figure on U.S. economic activity in the four
MARITIME BRIEFS
JOC Staff |
BRAZILIAN DOCKWORKERS PLAN TO STRIKE TODAYSAO PAULO, Brazil - Dockworkers at Brazil's Port o
Maritime
CHINA SETS INCENTIVES AS COTTON OUTPUT FALLS
P.T. Bangsberg |
Output of cotton in China fell in 1988 for the second straight year, and there are indications of a
CORRECTION
JOC Staff |
A story in The Journal of Commerce Feb. 23 headlined, "Hvide Seeks Bids on Tanker From US Yards," on
Maritime
NYK SWITCHES DESTINATION OF WESTBOUND RAIL SERVICE
Josh Goldstein |
Nippon Yusen Kaisha, a Japanese ocean and intermodal carrier, has rerouted the destination of some o
Rail News
HIKE IN RATES MAY NOT HURT HOME SALES
Dallas Morning News |
Recent increases in short-term interest rates shouldn't dramatically reduce the number of home sales
GREENSPAN SAYS CUTS IN DEFICIT CRUCIAL
John Boyd |
Just a few days after the Federal Reserve escalated the inflation fight by raising its discount rate
CHEMICAL BRIEFS
Wire and Staff Reports |
GEORGIA GULF TO MOVE PHENOL/ACETONE UNITGeorgia Gulf Corp. plans to to relocate the company'
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
JAPAN BORROWS SHORT, AND LENDS FUNDS LONG
A.E. Cullison |
Japan's net creditor position will top $350 billion by the end of this year and is likely to exceed
'JUNK FAX' SPREAD STIRS CALLS FOR RULES
(Ap) |
OLYMPIA, Wash. - Facsimile machines, those beeping little devices increasingly used to send everythi
INDONESIA SEES OUTPUT FROM NEW GOLD MINE AS JUST THE BEGINNING
P.T. Bangsberg |
Commercial production has officially begun at Indonesia's first alluvial gold mine, one of scores of
COST OF CREDIT
JOC Staff |
Tue., Feb. 28, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
PRODUCTS MARKETPLACE
A Staff Report |
EMULSIONS National Starch & Chemical Corp.'s Resins & Specialty Chemicals division, Bridgewa
AUSTRALIAN OPTIMISTIC ON US-EC FARM RIFT
Knight-Ridder Financial |
Australian Trade Minister Michael Duffy said he was more optimistic than ever that the United States
Maritime
STEELMAKERS DEFEND RESTRAINTS
Paul A. Eisenstein |
An umbrella group of U.S. steel manufacturers says it is ready to file international trade grievance
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
CALIF. BILL STRENGTHENS PROPOSITION 103SACRAMENTO, Calif. - California Rep. Lloyd G. Connell
MUST DRUG TESTING BE NEGOTIATED? BY HOWARD S. ABRAMSON
Journal of Commerce Staff |
The Supreme Court found itself tangled in the thickets of the Railway Labor Act Tuesday, as the just
BALTIMORE ALTERS PORT SALES STAFF
WILLIAM DiBENEDETTO |
The Port of Baltimore's marketing and sales operations department is being reorganized, according to
Maritime
EX-CONGRESSMAN LOSES SUPREME COURT APPEAL
(Ap) |
Former U.S. Rep. Mario Biaggi's appeal of a 1987 illegal gratuities conviction was rejected Monday b
Maritime
CALIF. REGULATOR: FUNDS NEEDED TO IMPLEMENT PROPOSITION 103
Laura Raley Borda |
California Insurance Commissioner Roxani Gillespie reportedly has asked the state for authorization
EUROPE'S BATTLE OF THE BOSSES ENDS IN VICTORY FOR AXA CHIEF
Barbara Casassus |
The insurance industry's "battle of the bosses" ended Tuesday with an overwhelming victory for Claud
FOUR US AIRLINES VIE FOR AUSTRALIAN LICENSE
Vincent W. Stove |
American Airlines is the unofficial favorite in Australia to gain a license to fly into this country
Air Cargo
PEOPLE - MARITIME
From Wire and Staff Reports |
ASSOCIATED CONTAINER TRANSPORTATION/PACE LINE (New York) - Michael M. Wilson was named New York area
Maritime
NAVY DREAM OF 600-SHIP FLEET MAY BE FADING
(Reuter) |
The U.S. budget crunch and shifting U.S. defense spending priorities are combining to sink the Navy'
Maritime
PEOPLE - SHIPPERS
From Wire and Staff Reports |
XCELL DISTRIBUTION SERVICES INC. (Houston) - Carol C. Flint was promoted to vice president, sales an
Transport, Trade and Regulation News
CHEMICAL BRIEFS
Wire and Staff Reports |
REICHHOLD ACQUIRES FORMER KOPPERS PLANTBRIDGEVILLE, Pa. - A major Japanese-owned chemical pr
FORMER DU PONT EMPLOYEES ARRESTED IN ALLEGED PLOT
John Maggs |
Swiss police arrested four Argentine nationals Monday and charged them with trying to extort $10 mil
HIGH-YIELD CURRENCIES LOSING THEIR APPEAL
Knight-Ridder Financial |
The U.S. dollar rose Monday, while traders sold sterling and the Canadian and Australian dollar.
CHINESE PURCHASE GLADDENS HEARTS OF COTTON EXPORTERS
Matt Shenone |
Until a few days ago, heavy international competition and moderate demand had U.S. cotton exporters
GREEKS ROLLING OUT THE RED CARPET TO LURE SHIPOWNERS
Victor Walker |
The Greek government has opened a "friendship offensive" aimed at persuading Greek shipowners based
CHINESE SHAPING SOFTWARE PROTECTION
P.T. Bangsberg |
Regulations to protect domestic and foreign developers of computer software probably will be enacted
FREIGHT RATE FUTURES
JOC Staff |
Feb. 27, 1989 Baltic International Freight Futures Market*PrevClose High Lo
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1543 (Feb. 27, 1989) Previous day - 1529 The Baltic International Freight Futures Market in
Maritime
ANALYSTS DIFFER ON BEST SOLUTION FOR EASTERN WOES
(Ap) |
Eastern Airlines, locked in bitter contract negotiations with its machinists union and losing an est
Air Cargo
BOEING LOOKS TO INDIA AS SUPPLIER
Journal of Commerce Special |
In a move that may herald a decision to buy aircraft components and parts in India, officials from B
Air Cargo
BUSH URGES S. KOREA TO DROP TRADE BARRIERS
From Wire Reports |
President Bush lectured the South Koreans on the perils of protectionism Monday, calling it "fool's
Maritime
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Feb. 18, total piggyback freight hauled on the nation's major railroads equaled 1
Rail News
PRODUCTS MARKETPLACE
A Staff Report |
AMINES Hoechst Celanese Corp.'s Fine Chemicals division (formerly Virginia Chemicals), Ports
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