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NEWS SUMMARY.
JOC Staff |
GENERAL NEWSConstruction contracting increased 5 percent in 1986 to a record $243.3 billion,
S. KOREA OPENS DOORS FOR FOREIGN CIGARETTES
(Ap) |
The government has decided to double the number of authorized foreign cigarette retail shops to 1,00
Maritime
JAPAN'S BANKS TOPS IN GLOBAL MARKET
(Ap) |
Japanese banks have replaced U.S. banks as the most important national group in the sharply expandin
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Singapore Economy Expected to Grow in '87Singapore's economy is expected to grow by between
Maritime
US FIRM ABANDONS TAIWAN PLANT
(Ap) |
Officials of a Houston-based manufacturing firm announced they were abandoning a plant in Taiwan in
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Agency Will Resume Cruise Ship InspectionsThe Center for Prevention Services of the federal
Maritime
CHIP MAKERS TOLD TO FIND NICHE
Christopher H. Schmitt |
U.S. computer chip makers can survive and prosper against powerful Japanese competition if they care
Maritime
JAPAN'S BANKS TOP THOSE OF US IN GLOBAL MART
(Ap) |
Japanese banks have replaced U.S. banks as the most important national group in the sharply expandin
Maritime
CHINESE CONFIRM REPORTS OF HIGHER GRAIN IMPORTS
Knight-Ridder Financial |
Senior Chinese agriculture officials attending a ministerial-level re search seminar here on wheat a
BASE METAL PRICES FORECAST TO RISE
Knight-Ridder Financial |
Base metal prices will rise marginally this year, Market and Industry Analyst Metals and Minerals Re
US WHEAT OFFER WON'T HURT CANADA, MINISTER CLAIMS
Knight-Ridder Financial |
The U.S. decision to target China for 1 million metric tons of wheat under the U.S. export bonus pro
BRAZIL SETS SUGAR SALE FORECAST
Knight-Ridder Financial |
Brazilian sugar exports in fiscal 1987-88 are expected to total 1 million metric tons, said an offi
CME S&P 500 MARGIN HIKED
Knight-Ridder Financial |
The Board of Governors of the Chicago Mercantile Exchange voted to increasemargins for S&P 5
TRADE WAR WOULD HIT SHIP LINES
Rose A. Horowitz |
Sea-Land Service, Farrell Lines, Hapag-Lloyd and Trans Freight Line are among the shipping lines tha
Maritime
COTTON COUNCIL PANEL APPROVES RULE CHANGES
Knight-Ridder Financial |
The National Cotton Council delegate body passed a range of resolutions dealing with the cotton prog
USDA CHIEF HAILS COTTON PROGRAM
Knight-Ridder Financial |
The head of the U.S. Department of Agriculture called the cotton program one of the "outstanding suc
SRI LANKA CUTS TEA FREIGHT FEES
(Ap) |
The Sri Lankan government reduced freight charges on tea exports to Australia and Pakistan, a statem
Maritime
NAVY CANCELS PORT VISITS FOR NIMITZ, SUPPORT SHIPS
(Ap) |
The U.S. Navy has canceled port calls for the nuclear-powered aircraft carrier Nimitz and its suppor
Maritime
PEX BOOSTS REEFER CAPACITY TO ACCOMMODATE MARKET GROWTH
Maureen Robb |
To serve a growing market for refrigerated containers, Pacific Europe Express replaced one of its sh
Maritime
UK INSURER SEEKS VOICE IN TERMINAL CASE
Journal of Commerce Staff |
The U.S. Federal Maritime Commission's efforts to determine whether to allow marine terminals to avo
Maritime
INSURANCE EARNINGS
JOC Staff |
Hartford Steam Increases IncomeHARTFORD, Conn. - The Hartford Steam Boiler Inspection and In
SMALL FIRMS NEED LIABILITY RELIEF
Journal of Commerce Staff |
A trial lawyers group believes additional state legislation is necessary to assure consumers, includ
BEST RATING BIAS HIT SMALL MUTUAL INSURERS URGE LEGISLATION
Journal of Commerce Special |
The New York Cooperative Insurance Association is urging New York lawmakers to pass legislation proh
JURY AWARDS $1 MILLION IN BENDECTIN LAWSUIT
Beth Gillin |
For 27 years, doctors routinely prescribed it to women who complained that pregnancy was making them
INSURANCE BRIEFS
From Wire and Staff Reports |
Belvedere Corp. Joins American ExchangeBelvedere Corp. joined the American Stock Exchange We
PRESTON SEES RATES REMAINING LEVEL
Andrea Chancellor |
Preston Trucking Corp. said an expected 4 percent increase in rates in April likely will be eroded b
US MANUFACTURERS TARGET CLOSER CUSTOMER RELATIONS
Rose A. Horowitz |
As U.S. semiconductor companies battle against Japanese competition in the domestic and world market
BILL ORDERS LIRR BACK TO WORK
Journal of Commerce Staff |
Thousands of commuters, inconvenienced by a strike that shut down the nation's biggest commuter rail
DUTCH RATE PROBE IN LIMBO EFFORTS TO PROVE SOVIET DUMPING HELD UP IN COURT
Simon Cameron Moore |
Dutch attempts to match other Western European governments' efforts to investigate alleged unfair co
Maritime
L.B. FOSTER LOOKS TO BUY CNW TRACK
Andrea Chancellor |
A Pittsburgh-based firm is organizing an investor group to purchase 333 miles of rail track in Wisco
A LOOK AT MOVING FREIGHT TRANSPORT EXECUTIVES EXPECT NO CHANGE IN '87
Lawrence Kaufman |
The business of moving freight isn't likely to change in 1987 or anytime soon, said senior executive
1986 RAIL TRAFFIC GENERALLY FLAT
Lawrence Kaufman |
Railroad traffic was generally flat in 1986, but several major carriers recorded significant gains a
US NEGOTIATORS CITE CONTINUED DUMPING
A.E. Cullison |
Japanese semiconductor chip manufacturers are continuing to dump their products on third-world marke
TRAFFIC MANAGERS FIND SHIPMENT NO FUSS
Gregory S. Johnson |
Though there's quite a fuss being made over semiconductor chips in the marketplace, traffic managers
FOR SALE: 1 REAL TRAIN
(Ap) |
J.L. Wade has a passenger train for sale but he might have trouble finding a buyer. It's not
OLD AMTRAK CARS RECYCLED
(Ap) |
Coaches that once belonged to Amtrak in the United States carry tourists on a luxury train through t
VIEWS MIXED ON EFFECTIVENESS OF RECENT US-JAPAN ACCORD
A.E. Cullison |
Trade agreements between the United States and Japan usually result in dubious documents, based on t
CHIP FLAP RICH IN HISTORICAL IRONY
John Davies |
The growing concern about sale of Japanese-made electronic chips in the United States is rich in his
SILICON VALLEY WORRIED JAPANESE SHARE OF US MARKET NOW 45 PERCENT
John Davies |
In Silicon Valley, manufacturers of electronic chips are worried. Five years ago, the Japane
FINANCE CHIEF POISED TO PUSH HEALTH PLAN
Leah R. Young |
The chairman of the Senate Finance Committee, Sen. Lloyd Bentsen, D-Texas, believes he has a consens
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