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HONG KONG'S ECONOMY SHRANK 5.2 PERCENT IN QUARTER
JOC Staff |
Hong Kong's recession has been slightly worse than officials first believed.The economy shra
Maritime
MAZDA BACK TO PROFIT VIA WEAK YEN, COST CUTS
JOC Staff |
Mazda Motor Corp. said it recorded its first consolidated net profit in seven years in the six month
Maritime
API WEEKLY REPORT
JOC Staff |
Thousands of BarrelsWeek Week Week Ended Ended Ended10-16
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Oct. 21, 1998Prevailing sellers' posted prices at the close of business, represent
HONG KONG GOVERNMENT SEEKS TO SHRED PAPER TRADING FORMS ELECTRONICALLY
P.T. Bangsberg |
Hong Kong is moving to eliminate paper trade documents and insisting that electronic filing becomes
Maritime
GERMANY BOLSTERING TRADE WITH NEIGHBORS, PUSHING EU EXPANSION
Robert Koenig |
Competitors beware: German traders are stepping up the pace of their relentless march into the marke
Maritime
UNIVERSAL STUDIOS: PARK TO BOOST OSAKA ECONOMY
JOC Staff |
Universal Studios Japan Ltd. said an entertainment park it plans to open in 2001 in Osaka would attr
Maritime
NIGERIAN CIVIL UNREST CURTAILS OIL PRODUCTION 25 PERCENT
Alex Duval Smith |
Hundreds of people have been killed along the Nigerian coast, thousands have been forced from their
IPCRE FORMS SUBSIDIARY IN IRELAND
JOC Staff |
IPC Holdings, Ltd. has formed Europe Ltd. in Ireland. The new company, which intends to underwrite s
CRUDE OIL INVENTORIES DOWN SLIGHTLY DIESEL FUEL, HEATING OIL STOCKS ALSO FALL
Journal Of Commerce Staff |
U.S. crude oil inventories dipped marginally in the week ended July 31, as compared with the previou
ALLSTATE UNIT OPENING NORTHERN IRELAND CENTER
JOC Staff |
A subsidiary of Allstate Corp. plans to open an information technology center in Belfast, Northern I
TRADELEADS
JOC Staff |
The following tradeleads appear exclusively in print in The Journal of Commerce. The leads are curre
Maritime
*NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - October 20, 1998Prev. Life of Contr. Open Open High Lo
JOURNAL OF REINSURANCE AWARDS ARE ANNOUNCED
JOC Staff |
The Intermediaries and Reinsurance Underwriters Association announced the winners of the second annu
NATIONWIDE DROPS TALKS WITH UNITED ASSET
JOC Staff |
Nationwide Financial Services Inc. has ended discussions with United Asset Management Corp. regardin
GROWTH SLOW IN WAKE OF DOUBLE BLOW
Mary Sutter |
Battered by the Asian and Russian crises, the Mexican economy is bracing for brisk slowdown for the
TRUMBULL SERVICES BUYS GRUBER & ASSOCIATES
JOC Staff |
Trumbull Services LLC, a subsidiary of Hartford Financial Services Group, has acquired the bankruptc
EXECUTIVE CITES ALTERNATIVE GROWTH
From Wire Reports |
A senior Sedgwick executive predicts continued strong growth in the alternative market, as more and
CHINA PACIFIC, AETNA OPEN 1ST US-SINO JOINT VENTURE
P.T. Bangsberg |
The first Sino-American insurance venture has opened in China, with China Pacific Insurance Co. and
PORTS OPTIMISTIC DESPITE CRISES
Mary Sutter |
Finally recovering from its own devaluation-induced recession, Mexico is being hit by the effects of
TRUCKERS: BUSINESS AS USUAL
Kevin G. Hall |
Here in the crossroads town for U.S.-Mexico long-haul trucking, you have to look long and far to fin
MANAGED CARE GROUPS RE-EXAMINING COSTS
Ron Lent |
Managed-care organizations are closely examining their operational practices to continue to offer he
MEXICO STARTS ANTI-DUMPING INQUIRY ON LIVESTOCK
Mary Sutter |
Mexico's commerce ministry Secofi formally opened an anti-dumping investigation on Wednesday into U.
MOODY'S: US LIFE INSURERS MOSTLY Y2K INOCULATED
From Wire Reports |
On average, U.S. life insurers rated by Moody's Investors Service are expected to be ready to face t
RUSSIAN INSURERS BUCK FISCAL CRISES
John Helmer |
The collapse of Russia's commercial banking system in August and the steep decline of Russia's impor
SHAKEUP AT CSX AHEAD OF TAKEOVER
Rip Watson |
CSX Transportation Inc. is reorganizing its top management as the date nears for CSX to integrate Co
ASIAN CRISIS HITS GERMAN AIR SHIPMENTS
Robert Koenig |
Germany's air-freight volume, which seemed to be riding high just a few months ago, is now expected
DEMAND SEEN FIRM FOR US GOODS
Paula L. Green |
Despite the turmoil in global financial markets, analysts expect Mexico's economy to remain stable a
NS, CP REFURBISH SCRANTON RAIL LINE
Journal Of Commerce Staff |
Norfolk Southern Corp. and Canadian Pacific Railway have rededicated the Delaware & Hudson line betw
WTO TO DECIDE CASE AGAINST MYANMAR CURBS
JOC Staff |
The World Trade Organization has agreed to appoint a dispute resolution panel to decide a European U
Maritime
SECURITIES FIRMS CAN DELAY SOME TAXES
JOC Staff |
The omnibus budget bill Congress approved Wednesday includes a provision sought by the Securities In
Maritime
FUTURES TRADING/OPEN INTEREST AND SALES
JOC Staff |
FUTURES - October 20, 1998 OPEN INTEREST AND SALES - October 19, 1998All life-of-c
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of Oct. 21, 1998Quotations are based on prices reported in the market or obtained from su
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 202.95 off 0.28 w
BRAZILIAN OFFICIALS BEGIN RELEASING AUSTERITY PROGRAM
Thierry Ogier |
Although a formal announcement may not come before Monday, Brazilian officials are publicly and priv
Maritime
SPOT COMMODITIES
JOC Staff |
October 21, 1998Included are list prices of suppliers. Quotations do not necessarily represe
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeOctober 20, 1998 Brent Crude Oil - (Dollars Per Barrel)
QUOTE TO NOTE
Gene Pentimonti, President, American Trucking Association's |
'As in any deregulatory function, there will be some that will benefit and some that will not be abl
Maritime
GASOLINE PRICES
JOC Staff |
Oct. 21, 1998RESELLER RACK Unleaded Mid- Premium-Unle
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