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S. KOREA LIFE INSURERS POST LOSSES IN 1998
JOC Staff |
South Korea's life insurance companies posted preliminary net losses of 3.97 trillion won ($3.2 bill
EMPLOYERS RE ASSUMES PHOENIX'S REINSURANCE
JOC Staff |
ERC Life, a life subsidiary of Employers Reinsurance Corp., will assume the life and group reinsuran
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - May 20, 1999Prev. Life of Contr. Open Open High Low
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 189.02 off 0.38
GASOLINE PRICES
JOC Staff |
May 21, 1999RESELLER RACK Unleaded Mid- Premium-Unlead Premium-Un
DAEWOO FORECASTS GOOD BUSINESS IN ROMANIA
JOC Staff |
South Korea's Daewoo Heavy Industries, which holds the Romanian Mangalia Black Sea shipyard, said it
Maritime
BNSF RESTRUCTURES, SLASHES COSTS
Rip Watson |
Burlington Northern and Santa Fe Railway Co., under pressure to improve financial performance, on Fr
PHILIPPINE AIRLINES EYES CASH DEADLINE EXTENSION
JOC Staff |
Lucio Tan, the majority shareholder in Philippine Airlines, said he will seek a one-month extension
VENEZUELA EXPECTED TO RETAIN OPEN OIL STRATEGY
Timna Tanners |
Venezuela is likely to stick with its strategy of inviting private companies to help drill for oil,
EXPERTS DISCUSS GROWING MORE RICE WITH LESS WATER
P.T. Bangsberg |
Officials from nearly 60 industrial and developing countries, private foundations and organizations
QUOTE TO NOTE
David Olson, Professor of labor studies, University of |
'Things today look comparatively calm.'
Maritime
BANGLADESHI EXPORTERS SEEK TAKA DEVALUATION
JOC Staff |
Bangladeshi garment and textile exporters demanded a devaluation of the taka, claiming the currency
Maritime
CRUISE SHIP GOES DOWN OFF MALAYSIA WEST COAST
JOC Staff |
A cruise ship caught fire and sank off the western coast of Malaysia early Friday, and authorities r
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
BALTIC FREIGHT INDEX (GRAPH)
Journal of Commerce |
May 21: 1027
Maritime
NIGERIA FREES 4 SEAFARERS AFTER APPEALS FROM SCI
Journal Of Commerce Staff |
The Seamen's Church Institute of New York and New Jersey said on Friday that four Ukrainian crewmen
PEOPLE ON THE MOVE
From Wire and Staff Reports |
THE SEIBELS BRUCEGROUP INC.R. Thomas Savage Jr. was named president and chief executive of t
CHINA'S GROWTH SLOWING, BUT IMF SEES REBOUND
Economist Intelligence Unit, Reuters, The Associated Press, |
China's gross domestic product growth rate may continue to slow down for another year, but should re
CHASE OFFERS AUTO LEASE COVERING MINOR SCRAPES
JOC Staff |
Chase Manhattan Corp. will offer an auto lease that would waive up to $1,500 in excess wear and tear
TILTING THE PLAYING FIELD YOUR WAY
Rosalind Mclymont |
ompanies ranging from one-person operations to the world's biggest multinationals are shunning the n
FIRMER ZLOTY MAY WIDEN POLAND'S ACCOUNT DEFICIT
JOC Staff |
A stronger zloty may hurt Polish exports by the end of the year, widening Poland's current account d
Maritime
SHIP FIXTURE BREAKDOWN
Bridge News |
The dry cargo and tanker fixtures listed herewith and compiled in London and New York, include the f
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1043 (May 21, 1999) Previous day _1061The Baltic International Freight Futures Market in Lon
Maritime
COMMERCE SAYS JAPAN, SEVEN OTHERS DUMPED STAINLESS STEEL GOODS IN US
Donna Smith |
The U.S. Department of Commerce said that Japan and seven other countries were dumping stainless ste
WORLD TRADE CENTER LEADS
WTCA On-Line |
For further information:These trade leads are supplied by WTCA On-Line, a service of the Wor
DOT DELAYS RULING ON EXTRA FLIGHTS TO CHINA
Chris Isidore |
A preliminary decision on increased flights to China by U.S. carriers now serving the market will be
USAIRWAYS' TOP EXECS TO FORGO FUTURE BONUSES
JOC Staff |
USAirways Group's top two executives said they would forgo millions of dollars in future bonuses as
KOREA INVITES BIDS FROM AXA, MET LIFE
JOC Staff |
South Korea said Wednesday it will invite AXA and Metropolitan Life to a second auction next month f
SHIP FIXTURE BREAKDOWN
Bridge News |
The dry cargo and tanker fixtures listed herewith and compiled in London and New York, include the f
Maritime
EXPORTS AND GENERAL IMPORTS _ SELECTED COMMODITY GROUPINGS
U.S. Commerce Department |
(Census basis - in millions of dollars)MARCH 1999 FEBRUARY 1999 CUMULATIVE
Maritime
BAD WEATHER DISRUPTS RHINE RIVER SHIPPING
JOC Staff |
The river Rhine in south Germany is still blocked to inland waterways shipping and heavy rain means
Maritime
COSCO: HONG KONG FEES TOO HIGH
P.T. Bangsberg |
The Port of Hong Kong, one of the most expensive in the world, will lose business to other ports unl
Maritime
RISE IN AIR-SEA CARGO LIFTS PANALPINA'S NET BY 19 PERCENT
Robert Koenig |
Panalpina Group, which recently joined Swiss Air group (SAirGroup) in a new air-cargo venture, repor
DAEWOO MOTOR TO INSTALL MINCOM SOFTWARE
JOC Staff |
Mincom Inc., which produces software that manages the manpower and resources required for maintenanc
STB PROPOSES CHANGES IN CARGO REVENUE REPORTS
JOC Staff |
The Surface Transportation Board is proposing changes in the information about contract shipments th
JANUARY AIR CARGO SLUMPS: SURVEY
John Zarocostas |
Cargo traffic at the world's airports in January declined by 0.4 percent to 4.4 million tons, as maj
CIRCLE WINS LOGISTICS CONTRACT FROM ARCO
JOC Staff |
Circle International Inc. said it won a multi-year contract from Atlantic Richfield Co. to provide f
DAILY PETROLEUM PRICES
JOC Staff |
Thursday May 20, 1999Prevailing sellers' posted prices at the close of business, representin
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeMay 18, 1999 Brent Crude Oil - (Dollars Per Barrel)
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
May 20, 1999Quotations are based on prices reported in the market or obtained from suppliers
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