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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
STUDY SAYS US BUSINESS TO FACE NEW WAVE OF REGULATION IN 1988
Journal of Commerce Staff |
U.S. business is likely to face a rising wave of regulation in 1988,according to a Conference Board
REAGAN STILL SEEKING ACCEPTABLE TRADE BILL
John Boyd |
President Reagan still wants an acceptable trade bill to emerge from negotiations with Congress, and
JAPAN TO CREATE FINANCIAL FUTURES MART
A.E. Cullison |
A financial futures market will be established in Japan, either later this year or in 1989, to permi
CHEAP US DOLLAR BEGINS TO HURT EC MANUFACTURERS
Bruce Barnard |
Car workers in Gothenburg and Stuttgart, wine growers in Bordeaux, aircraft mechanics in Toulouse, c
JAPANESE ADVANCE MICROPROCESSOR
Michael Feibus |
In a challenge to U.S. semiconductor companies' dominance of the market for microprocessor chips, th
SHIPYARD CLEARS WAY FOR OSHA INSPECTION
(Ap) |
National Steel and Shipbuilding Co. told a federal agency Monday it could search its San Diego shipy
Maritime
NEWS SUMMARY
JOC Staff |
AVIATION General aviation turned in its safest year on record in 1987, but commercial carrie
CHEMEX, TAKEDA SIGN DRUG EVALUATION PACT
Journal of Commerce Staff |
Chemex Pharmaceuticals Inc. has signed a drug evaluation and licensing agreement with Takeda Chemica
EROSION CURBS MOVE INTO FINAL PHASE
Journal of Commerce Staff |
The U.S. Environmental Protection Agency has begun final construction phase of an erosion control sy
Rail News
REAGAN SIGNS BILL TIGHTENING MANNING
ROBERT F. MORISON Journal of Commerce Staff |
President Reagan has signed a bill that will require all U.S.-flag vessels to hire U.S. citizens for
Maritime
FALLING DOLLAR HITS THAI TEXTILE EXPORTERS
P.T. Bangsberg |
Textile exporters in Thailand say they are losing up to 50 million baht (US$2 million) a month in sa
HONG KONG SHOW AIMS TO BOOST FASHION IMAGE
P.T. Bangsberg |
More than 3,000 overseas buyers joined 5,000 others at the launch of Hong Kong Fashion Week, a US$1
Maritime
IBM SHIFTS SALES AWAY FROM STAFF
(Ap) |
International Business Machines Corp. will beef up its sales efforts in the mid-range of its product
US PUTS PRESSURE ON HONG KONG TO REVALUE CURRENCY
P.T. Bangsberg |
The United States Tuesday piled on more pressure for a revaluation of the Hong Kong dollar, but insi
NEW PRODUCTS MARKETPLACE SWEDEN DEVELOPS SUIT FOR CHEMICAL WORKERS
JOC Staff |
The Swedish Defense Material Administration has developed a protective outfit for individuals who wo
Maritime
US LOOKS TO ARGENTINA FOR HIGH-QUALITY OATS
Journal of Commerce Staff |
A shortage this year of high-quality oats in the United States is spurring import demand, sources sa
Maritime
IBM, GE INFORMATION OFFER NEW TECHNOLOGY
Tony Seideman |
Looking to cash in on a fast-rising electronic data interchange marketplace, EDI suppliers are offer
JAPANESE RELENT ON PUBLIC WORKS
A.E. Cullison |
The Takeshita administration has decided to allow "qualified" U.S. contractors to bid on specified p
US DOLLAR DRIFTS LOWER DESPITE FED INTERVENTION
Knight-Ridder Financial |
The U.S. dollar drifted lower Tuesday despite two reported instances of Federal Reserve dollar-buyin
WILL SALE LEAD TO TRADING ON ORGANIZED EXCHANGE?
Journal of Commerce Staff |
Burlington Northern Railroad's plan to sell certificates for future railcar movements could be the f
CHEMICAL BRIEFS
From Wire and Staff Reports |
Du Pont Plans Facility In Northern IrelandE.I. du Pont de Nemours & Co. announced plans Tues
OOCL WILL SHIFT MORE OF ITS STAFF TO SOUTHERN CALIF.
Journal of Commerce Staff |
OOCL (USA) Inc. expects to relocate more of its executives from northern California to Southern Cali
Maritime
DRY CARGO RATES CONTINUE RALLY
Journal of Commerce Staff |
The dry cargo futures market in London had one of its busiest days ever Tuesday as shipping freight
Maritime
SPOT PRODUCT PRICES
JOC Staff |
January 12, 1988 U.S. spot oil products price indications, sellers range, in cents per gallo
IRANIAN OIL TEAM DISCUSSES 900-MILE PIPELINE WITH TURKS
(Ap) |
Iran sent a delegation to Istanbul, Turkey, for final negotiations on building a 900-mile pipeline f
OPEC NATIONS OFFER DISCOUNTS TO JAPANESE
Knight-Ridder Financial |
Kuwait, Iraq and Qatar all have started offering market-related pricing to Japanese customers, depre
ENERGY BRIEFS
From Wire and Staff Reports |
Heating Oil Stocks Down in New EnglandNew England heating oil stocks are significantly down
PACCAR OPTIMISTIC ON MID-RANGER DESPITE LOW SALES
Michael S. Lelyveld |
Officials of Paccar Inc. are terming last year's entry into the medium-duty truck market a "very suc
Trucking News
MILITARY SPENDING HIT RECORD IN '87
(Ap) |
Military spending worldwide soared to a new high of about $930 billion in 1987, an annual study rele
BRAZIL HIKES PRICE OF OJ CONCENTRATE
Journal of Commerce Staff |
Brazil has raised its frozen concentrate orange juice prices by 15 cents to $1.86 a pound, industry
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
Levi Strauss Plans Hungary Joint VentureBUDAPEST, Hungary - Levi Strauss, the U.S. jeans clo
Maritime
US REITERATES BEEF TRADE PLANS
Knight-Ridder Financial |
U.S. Trade Representative Clayton Yeutter Tuesday assured Australian Cattle Council officials that t
Maritime
WORLD TODAY
From Wire and Staff Reports |
No Recommendation On Hickey SuccessorWhite House Chief of Staff Howard Baker said the questi
COST OF CREDIT
JOC Staff |
Tue., Jan. 12, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
FULLY LOADED TANKER SET ABLAZE BY MISSILES
(Ap) |
Firefighters on Tuesday struggled against flames raging aboard a gasoline- laden Greek tanker struck
Maritime
ALASKA COAL FACES TEST IN JAPAN
Tim Sansbury |
While administration trade officials are set this week to vent their dissatisfaction about declining
CRUDE PRICES DIP BELOW $16 BEFORE RECOVERY ON NYMEX
John Maggs |
Crude oil prices sank below $16 a barrel in early trading on the New York Mercantile Exchange Tuesda
AVIATION BRIEFS
From Wire and Staff Reports |
Flight Testing Planned For Airbus Jet EngineEAST HARTFORD, Conn. - The V2500 jet engine, bei
Air Cargo
SEA-LAND BETS ON LONG HAUL IN ALASKA
John Davies |
Looking down on the Space Needle from glassed-in suites in the sky, the new Pacific Coast headquarte
Maritime
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