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FINANCIAL BRIEFS
From Wire and Staff Reports |
Japan to Continue Easy Money PolicyTOKYO - Bank of Japan Governor Satoshi Sumita said the ce
SENATE COMMITTEES FINISH UP WORK ON OMNIBUS TRADE BILL
Helen Ericson |
Senate committee work on the omnibus trade bill came close to completion as the Foreign Relations Co
HEAVY TRUCK SALES HIT DOUBLE-DIGIT GROWTH
Michael S. Lelyveld |
The surge in heavy truck sales broke into double-digit growth as final figures for April showed a st
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
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 ZONE LURES INVESTORS
Noel Fletcher |
More foreign investment is needed if a key development area in southeastern China is to meet its gov
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
World Bank Approves Credit to ArgentinaThe World Bank approved $500 million in credit to sup
Maritime
THE GOLDEN GATE BRIDGE IS TRULY CALIFORNIAN
Susan Yoachum |
It was the moon walk of the 1930s, the bridge that couldn't be built at a time when America despera
Maritime
AVIATION BRIEFS
Wire and Staff Reports |
United Express Moving O'Hare OperationsAPPLETON, Wis. - Air Wisconsin Inc., which operates a
CHINA, UK TO DISCUSS AIR LINKS
(Ap) |
Britain and China soon will hold discussions about expanding air links, said Michael Spicer, U.K. av
GASOLINE SUPPLIES STABLE FOR HOLIDAY
Journal of Commerce Staff |
There will be plenty of gasoline around for the Memorial Day weekend this year, but prices will vary
CHARLESTON FIGHTS BACK AND WINS AGGRESSIVE SALES STAFF LURES 14 NEW SERVICES
Craig Dunlap |
A rather remarkable transformation of Charleston's port is instilling the port community with a newf
Maritime
REGAL INTERNATIONAL TO BUY BELL PETROLEUM SERVICES
Journal of Commerce Special |
Regal International Inc. and Bell Petroleum Services Inc. announced that under an agreement signed W
NY PROJECT SUSPENDED
Journal of Commerce Staff |
The New York Power Authority is suspending efforts to build a long-delayed pumped storage hydroelect
SHIPPERS FOCUS ON 3 KEY AREAS IN RAIL RATE DECONTROL GRIPES
David M. Cawthorne |
Shipper criticisms of the Interstate Commerce Commission's implementation of a 1980 law reducing gov
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
FREIGHT RATE FUTURES
JOC Staff |
May 20 Baltic International Freight Futures ExchangePrev.Close High Low
Maritime
IMPORT BRIEFS
From Wire and Staff Reports |
Sterling Continental Starts Brazil OperationVAN BUREN, Ark. - Sterling Continental Corp. sai
Maritime
NEWS SUMMARY
JOC Staff |
FINANCIAL Citicorp plans to swap and sell billions of dollars of LDC debt in the secondary m
Maritime
RULING FAVORS ND SYNFUELS PLANT
(Ap) |
Four pipeline companies must continue buying the output of a North Dakota synfuels plant, according
SIMEX FUTURES TRADING SEEN GROWING SHARPLY
Knight-Ridder Financial |
Financial futures trading on the Singapore International Monetary Exchange will grow sharply over th
STOCKS TRY TO END LOSS STREAK
RIPLEY WATSON Jr. |
The stock market struggled unsuccessfully to end its losing streak Wednesday as analysts' recommenda
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
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
NEW PRODUCTS MARKETPLACE
JOC Staff |
Blood Glucose Monitor Designed in Hong KongA portable blood glucose monitor that gives accur
Maritime
FUJIAN WOOS HONG KONG
Journal of Commerce Special |
While many Chinese provinces are making direct pitches for U.S. investment, southeastern Fujian is r
Maritime
S. KOREA WILL LAUNCH FIRST SATELLITE BY 1996
(Ap) |
South Korea plans to launch its first satellite by 1996 and use it for scientific experiments, the g
ITALY REFUSES PERMISSION FOR ENICHEM PRIVATIZATION
Andrew Mutter |
Hopes for a timely restructuring of the Italian chemical industry faded Wednesday with the news that
AMTRANS BOOSTS TO $14 MILLION ITS BID FOR USL'S LATIN SERVICES
Mark Magnier |
American Transport Lines Inc. has raised its bid for United States Lines Inc. South American service
WINE TRAIN MAY CHANGE INSURERS
C.A. Carpenter |
The Napa Valley Wine Train has comprehensive insurance against liability and property damages, but J
ARGENTINA SET FOR 3RD ROUND OF OIL BIDS
Jeremy Morgan |
The government will issue its third call for bids for oil exploration and production contracts on Ju
DELTA ASKS APPEALS COURT TO REVERSE ILA DECISION
Joseph Bonney |
Lawyers for Delta Steamship Lines asked a federal appeals court Wednesday to reverse a judge who rul
Maritime
COST OF CREDIT
JOC Staff |
Wed., May 20, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
AIRBORNE OFFERS 1 MILLION NEW SHARES
Gloria Joseph |
Airborne Freight is offering 1 million new shares of common stock, a move that could make it more ex
TRANSPORT EARNINGS GATES LEARJET POSTS LOSS FOR QUARTER
JOC Staff |
Gates Learjet Corp. reported a net loss of $1.5 million in the first quarter, compared with a loss o
JAPAN MAY PROPOSE GLOBAL CHIPS ACCORD
A.E. Cullison |
The Nakasone administration reportedly is considering proposing a multinational semiconductor agreem
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