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BANK MOVE STIRS INDUSTRY TO STUDY DEBT PROBLEMS
Rose A. Horowitz |
The move by Citicorp to add $3 billion to its loan loss reserves marks a new phase in how commercial
JAPAN MAY PROPOSE GLOBAL CHIPS ACCORD
A.E. Cullison |
The Nakasone administration reportedly is considering proposing a multinational semiconductor agreem
FREIGHT RATE FUTURES
JOC Staff |
May 20 Baltic International Freight Futures ExchangePrev.Close High Low
Maritime
CROSS-CHARGES FLY IN ANTITRUST SUIT
Leo Abruzzese |
Opponents fired off a series of cross-charges in a heated antitrust lawsuit pitting a small New York
TRUCKING BRIEFS
From Wire and Staff Reports |
Highway Trust Fund Pushed in New YorkALBANY, N.Y. - New York state needs a highway trust fun
THIRD WORLD DEBT A PRESSING ISSUE
Janet Porter |
The agenda for the economic summit in Venice next month may have to be rewritten as world leaders as
CITICORP PLANS TO SWAP, SELL ITS LDC DEBT
Gordon Platt |
Citicorp's decision to take a multibillion-dollar bath in LDC debt in the current quarter has turned
TRANSPORT CALENDAR
JOC Staff |
Intercargo '87, May 20-22, Los Angeles Airport Hilton Exhibit Hall, Contact Larry Newton, Mack-Brook
GAUGHAN HOPEFUL OF SUBSIDY EXPANSION
Tim Neale |
The U.S. maritime administrator indicated the Office of Management and Budget may temper its opposit
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1087.5 (May 20) Previous day - 1094.0 The Baltic International Freight Futures Exchange in L
Maritime
FOCUS ON CHARLESTON
JOC Staff |
BOX CARGO ON THE RISE: For the first nine months of fiscal 1987, the port of Charleston container to
HOW TO PUT OLD LOANS TO GOOD USE
John Boyd |
The secondary market in Third World debt has spent several years developing a clever system that cre
USL ASKS COURT TO APPROVE SALE OF EQUIPMENT TO FARRELL
Journal of Commerce Staff |
United States Lines Inc. has asked a U.S. bankruptcy court for permission to sell some of its ship e
Maritime
CITICORP CHIEF NO STRANGER TO LATIN DEBT
RIPLEY WATSON Jr. |
For John S. Reed, chairman of Citicorp, the Latin American loan problems that caused the nation's bi
CITICORP'S ACTION FAILS TO MITIGATE DEBT CRISIS
Keith M. Rockwell |
Citicorp's decision to increase it's loan loss reserves by $3 billion is being greeted here with mut
CHARLESTON FIGHTS BACK AND WINS PORT COMMUNITY SHIFTS FOCUS TO MARKETING, COOPERATION
JOC Staff |
TERMINALS EASY TO 'SELL': OOCL's Oriental Freedom unloads cargo at Wando Terminal. The harbor, meas
Maritime
ANALYSTS SPLIT ON FED ACTION ON KEY RATE
John Boyd |
Citicorp's big decision to take a hit now on its Third World loans doesn't make the Federal Reserve'
MASS. LIFE, HEALTH INSURERS HIT UNISEX RATING PROPOSAL
TOM McNIFF Jr. |
Life insurers in Massachusetts will oppose vehemently, perhaps in court, a proposed state regulation
SURETY RATING CHANGES UNLIKELY
Paula L. Green |
The surety and fidelity insurance industry's present rating-making system will most likely remain in
SENATE PANEL OKS RENEWAL OF PRICE ACT
Journal of Commerce Staff |
The Senate Energy and Natural Resources Committee voted Wednesday to approve reauthorization of the
FUEL FUTURES CLOSE LOWER
Journal of Commerce Staff |
Distillate fuel (gasoil) futures closed quietly lower Wednesday. The market was unimpressed by the "
DAMAGE AWARDS EYED AT PRODUCT HEARINGS
Leah R. Young |
A House subcommittee looking at the need for product liability law reform isfinding that the
INSURANCE BRIEFS
From Wire and Staff Reports |
Fireman's Acquires 9.2 percent Stake in A&AAlexander & Alexander Services Inc. announced Wed
TRADE LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
SPOT PRODUCT PRICES
JOC Staff |
May 20, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon, f
NTT ANNOUNCES R&D OPPORTUNITY
Journal of Commerce Staff |
Tokyo-based Nippon Telegraph & Telephone Corp. Wednesday announced it is inviting manufacturers to s
Maritime
S. KOREA TO RESTRICT EXPORTS OF 10 PRODUCTS TO THE US
(Ap) |
South Korea, alarmed by its fast-growing trade surplus with the United States, said it will restrain
Maritime
THAIS SPUR TEXTILE SECTOR
P.T. Bangsberg |
The government of Thailand is moving to increase exports of textiles, for which the United States is
Maritime
IMPORT BRIEFS
From Wire and Staff Reports |
Sterling Continental Starts Brazil OperationVAN BUREN, Ark. - Sterling Continental Corp. sai
Maritime
NEW PRODUCTS MARKETPLACE
JOC Staff |
Blood Glucose Monitor Designed in Hong KongA portable blood glucose monitor that gives accur
Maritime
PRICES, MARKETS WORRY US LEATHER, HIDE SECTOR
Noel Fletcher |
Concern is growing in the U.S. leather and hide industry over sky-rocketing prices and over-reliance
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
TRANS-ATLANTIC INVESTMENTS GET HELPING HAND
Edwin Unsworth |
A new service, Transatlantic Transfer, has been set up by a British venture capital group to help Br
Maritime
US EXPORTERS/IMPORTERS SURVEY TRADE GROWTH - WHAT ARE THE OBSTACLES?
JOC Staff |
Top Stories The odds are that Congress will approve a new tariff schedule called the ''harmo
EXPORT BRIEFS
From Wire and Staff Reports |
Ex-Im Bank Suspends Cover for ZambiaThe Export-Import Bank suspended export credit insurance
Maritime
CHINA TO DOUBLE STEEL OUTPUT AT THREE PLANTS
Noel Fletcher |
The government plans to double output capacity at three of Liaoning province's largest iron and stee
Maritime
CHINA TO DOUBLE STEEL PRODUCTION AT THREE PLANTS
Noel Fletcher |
The government plans to double output capacity at three of Liaoning province's largest iron and stee
Maritime
UN OPTIMISTIC ON AQUACULTURE
Andrew Mutter |
Increased production of freshwater and marine fish farm products could become the dominant element i
Maritime
MICH. HIGH-TECH FIRM SIGNS PACT WITH CANON
(Ap) |
Japanese camera and copier maker Canon Inc. is buying a stake in Energy Conversion Devices Inc. and
Maritime
CHINA ZONE LURES INVESTORS
Noel Fletcher |
More foreign investment is needed if a key development area in southeastern China is to meet its gov
Maritime
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