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FEARS FOR CHINESE CURRENCY'S STABILITY REVERBERATE IN HONG KONG DOLLAR'S FUTURE
Sai Man |
The Hong Kong dollar peg won't necessarily break if the China yuan falls, because the cost of attack
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Mar. 20 - Jan. 25, 1999 (a graph)* Annua
ATLANTIC CONFERENCE, FACED WITH DEREGULATION, STARTS TO SHRINK
Aviva Freudmann |
Shipping deregulation has begun taking its toll on the Trans-Atlantic Conference Agreement.T
UPS WILL DECIDE SOON IF OVERNIGHT RAIL SERVICE IN GERMANY IS FEASIBLE
Wire And Staff Reports |
United Parcel Service will decide in early February whether to launch an overnight express rail serv
DAILY PETROLEUM PRICES
JOC Staff |
Monday Jan. 25, 1999Prevailing sellers' posted prices at the close of business, representing
FUTURES TRADING/OPEN INTEREST AND SALES
JOC Staff |
FUTURES - Jan. 22, 1999 OPEN INTEREST AND SALES - Jan. 21, 1999All life-of-co
PEOPLE ON THE MOVE
From Wire and Staff Reports |
GORAN CAPITAL GROUPCharles Narramore, previously of Atlantic Casualty, and William Ballard,
VIETNAM INSURANCE PLANS TO OFFER WHOLE LIFE
JOC Staff |
State-run Vietnam Insurance Corp. will begin offering whole life policies this year.It alrea
BRAZIL BRACES FOR ECONOMIC STRIFE AMID HOPES MARKET WILL CALM DOWN
Kevin G. Hall |
Reeling from nearly two weeks of currency slide and economic strife, Brazil hopes its three-day week
STB ASKED TO RETHINK RATE DISPUTE DEFENSES
Rip Watson |
Freight railroads have asked the Surface Transportation Board to reconsider a controversial December
HONG KONG LETS USDA HANDLE BEETLE MANIA
William Armbruster |
Beetle? What beetle?That's almost the way trade, maritime and air cargo officials in Hong Ko
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Jan. 22, 1999No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 20
GASOLINE PRICES
JOC Staff |
Jan. 22, 1999RESELLER RACK Unleaded Mid- Premium-Unle
GREENBERG TO SUCCEED SMITH AS MARSH CHIEF
From Wire Reports |
A.J.C. Smith, the longtime chairman and chief executive of Marsh & McLennan Cos., announced his reti
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 (GRAPH)
Journal of Commerce |
January 22: 843
Maritime
CLINTON LOOKS TO SENATE TO LEAD WAY ON FAST-TRACK
William Roberts |
The Clinton administration is looking to the Senate Finance Committee chaired by Sen. Bill Roth,
CONTINENTAL AIR PLANS NONSTOP RUN TO TEL AVIV
JOC Staff |
Continental Airlines plans to launch daily nonstop service between its hub here and Tel Aviv in Augu
CAN THIS TRADE COMPLIANCE SYSTEM BE RECONCILED? CUSTOMS WANTS TO MAKE SURE
Customs Update - Neville, Peterson & Williams |
n Oct. 1, Customs began testing a prototype of an import transaction - reconciliation. Authorized by
INDIA PANEL WORKS ON BILL TO OPEN INSURANCE SECTOR
N. Vasuki Rao |
A committee of Indian lawmakers has begun scrutinizing the Insurance Regulatory Authority Bill, whic
STATE REPORTS RISE IN INSURANCE FRAUD ARRESTS
JOC Staff |
Insurance fraud arrests in New York state last year rose 34 percent from 1997, said Neil D. Levin, s
JAPAN IN REINSURANCE ACCORD WITH SINGAPORE
JOC Staff |
As part of its effort to support financially troubled Asian neighbors, Japan has signed an agreement
POSSIBLE BOND DEFAULT BY GREEK SHIPOWNER MAY BE HARBINGER OF FINANCIAL TROUBLES
Jack Lucentini |
A Greek shipowner has told bondholders he probably will not pay interest on a $175 million bond offe
US: IMPORTERS SHOULD PAY HARBOR TAX
Jack Lucentini |
The Supreme Court ruling that exporters shouldn't pay a tax for harbor dredging doesn'tmporters avoi
CHINA AIR AIMS TO END DOMESTIC ROUTES
P.T. Bangsberg |
In the latest sign of belt-tightening in the Asian aviation sector, Taiwan's flagship carrier is pro
PUERTO RICO PILOTS BILL RETURNED TO LEGISLATURE
Karl Ross |
After making it to the desk of Gov. Pedro Rossello, the bill to regulate pilotage in Puerto Rico was
MARYLAND ENERGY-EXPORTING PLAN ADVANCES
Reuters |
A Maryland state House committee has approved legislation that would allow Baltimore Gas & Electric
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of Jan 22, 1999Quotations are based on prices reported in the market or obtained from sup
FARMERS URGED TO HONE MARKETING SKILLS, INTERNET
JOC Staff |
Kentucky's farmers are being urged to become smarter marketers in 1999 and start using the Internet
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,500-$1,600per
BALTIC FREIGHT INDEX
JOC Staff |
843 (Jan. 22, 1999) Previous day - 826The Baltic International Freight Futures Market in Lon
Maritime
CALIFORNIA TRUCKERS WON'T JOIN EAST COAST LAWSUIT AGAINST LINES
Bill Mongelluzzo |
Trucking companies in California are not planning to join East Coast truckers who are suing ocean ca
Maritime
EU'S LATEST BANANA MOVE DISMISSED BY US
JOC Staff |
The United States dismissed a proposal made by the European Union on Friday urging the World Trade O
Maritime
BRAZIL'S FALLING CURRENCY STRAINS RELATIONS WITH ARGENTINA, OTHERS WITHIN MERCOSUR
Thierry Ogier |
Intense diplomatic efforts are under way to defuse a potentially damaging crisis between Latin Ameri
AMTRAK IN ACCORDS TO BOOST MAIL REVENUE
JOC Staff |
Amtrak has completed several partnership agreements that will boost mail and express business revenu
INDIA'S PRIVATIZATION OF AIRPORTS EXPECTED TO EASE CARGO MOVEMENTS
N. Vasuki Rao |
India's decision to convert five state-controlled airports into separate companies will boost cargo-
REFRIGERATED RAILCARS ARE HOT IN CHINA MARKET
P.T. Bangsberg |
Increasing demand for fresh produce in China and for export is creating opportunities for manufactur
MONTREAL'S CANAC BUYS VECTRAN OF PITTSBURGH
JOC Staff |
Canac Inc. of Montreal, a consulting and rail services firm, said it has acquired Vectran Corp., a P
SPOT PRODUCT PRICES
JOC Staff |
Jan. 21, 1999U.S. spot oil product price indications, sellers range, in cents per gallon, f.
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