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COST OF CREDIT
JOC Staff |
Tuesday, July 15, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada
S. KOREA, US AT ODDS OVER TV, CHIP IMPORTS
John Maggs |
The Korean government has accused the U.S. Commerce Department of improperly dragging out trade proc
BRIEFS
From Wire and Staff Reports |
EU CONSIDERS ACTIONOVER BRITISH BEEF EXPORTSBRUSSELS - The European Commission is considerin
Maritime
BAHT SLIDE AND DOMESTIC RECESSION TRIGGER SLUMP IN THAI AUTO INDUSTRY
Ron Corben |
The aftershocks of Thailand's move to float its currency, the baht, on July 2 combined with a domest
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, July 19, 1996 - July 15, 1997 (a graph)*
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
TEAMSTERS AUTHORIZE A STRIKE AGAINST UPS
Chris Isidore |
Teamsters at the world's largest transportation company have authorized a strike when their contract
RUSSIA, CHECHNYA HAGGLE OVER OIL TRANSIT PIPELINE \ TWO ADVERSARIES STILL ARE DIVIDED OVER PRICE
Michael S. Lelyveld |
After agreeing on major principles, Russia and Chechnya continued to haggle over the price of oil tr
Maritime
COLOMBIAN OIL PIPELINE STILL CLOSED
Bridge News |
Colombia's Cano-Limon crude oil pipeline is still not pumping oil after a rebel dynamite attack on T
DOLLAR LEAVES INTERNATIONAL CURRENCIES IN THE DUST
Bridge News |
The U.S. dollar stamped its authority over the currency markets Tuesday by piercing the psychologica
CHINA AND VIETNAM DISCUSS OIL DRILLING IN CONTESTED WATERS
Reuters |
Vietnam's Communist Party General Secretary Do Muoi met with China's Jiang Zemin, general secretary
AMOCO UNIT BEGINS DRILLING FOR OIL AND GAS IN TRINIDAD
Bridge News |
Amoco Trinidad, a subsidiary of the Amoco Corp., this week will begin a $420 million, 2-year explora
GM MOVES TO TOP OF FORTUNE'S LIST
Reuters |
General Motors Corp. rose to the top spot in Fortune magazine's list of the world's 500 biggest comp
Maritime
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of July 15, 1997Quotations are based on prices reported in the market or obtained from su
ANOTHER POLITICAL CRISIS ROCKS INDIA'S MARKETS
N. Vasuki Rao |
The business community expressed concern Tuesday over potential instability as India's United Front
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
BRIEFS
From Wire Reports |
MEXICO'S SUGAR HARVESTLOOKS VERY SWEETMEXICO CITY - With reports in from 57 of Mexico's 60 s
EU OKS MEMBERSHIP TALKS FOR EASTERN EUROPEAN FIVE \ BUT A DAMOCLES SWORD, VETO POWER, STILL HOVERS
Bruce Barnard |
The European Union executive body agreed Tuesday that although five Eastern European countries can b
NEPAL TOWELS TARGETED FOR LIMITS
Journal Of Commerce Staff |
U.S. government officials have decided to add terry towels to the list of eight other textile and ap
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday July 15, 1997Prevailing sellers' posted prices at the close of business, representin
WORLD BANK LENDING IN FISCAL '97 DROPPED TO ITS LOWEST LEVEL IN YEARS
Journal Of Commerce Staff |
World Bank lending in fiscal year 1997 fell to $19.1 billion, the lowest level since the mid-1980s,
BRIEFS
From Wire and Staff Reports |
CHILE ENDESA CONFIRMS$380 MILLION LOAN REVAMPSANTIAGO, Chile - Chilean power producer Endesa
RAILWAY REACHES HONG KONG \ LINK TO BEIJING IS THE FIRST OF SEVERAL PLANNED BY CHINA
P.T. Bangsberg |
The last component of a new mainline railroad linking Beijing with Hong Kong is now functioning, off
US APPROACHES WTO ON INDIA'S TRADE RESTRICTIONS
John Maggs |
The Clinton administration Tuesday turned to the newly strengthened World Trade Organization to chal
US GRAIN, SOYBEAN EXPORT DESTINATIONS
U.S. Agriculture Department; Journal of Commerce |
No text.
BRIEFS
From Wire Reports |
CHINA'S CNPC, AMOCOSIGN TRANSFER AGREEMENTHONG KONG - China National Petroleum Corp. and Amo
ARGENTINA, BRITAIN HOLD OIL TALKS
Reuters |
British and Argentine officials began three days of talks in Buenos Aires Monday on oil exploration
TEAMSTERS TURNABOUT: OFFICE WORKERS MAY WALK
Chris Isidore |
The Teamsters union may be about to get a taste of its own strike medicine.A union that repr
LABOR REFORM SEEN PRIORITY FOR AUSTRALIAN COAL INDUSTRY
Bridge News |
Australian Workplace Relations Minister Peter Reith said Tuesday that work practices in the nation's
HYUNDAI CLOSES IN ON SPACE ACCORD \ ODDS SEEN FAVORING LINK WITH GLOBAL ALLIANCE
Janet Porter |
Hyundai Merchant Marine is close to signing a space-sharing agreement with one of the world's major
BALTIC FREIGHT INDEX
JOC Staff |
1369 (July 15, 1997) Previous day - 1372The Baltic International Freight Futures Market in L
AIRCRAFT BUYING SPREE SEEN FOR ASIA-PACIFIC \ STUDY PROJECTS SOARING DEMAND
John Zarocostas |
The Asia-Pacific will become the dominant market for new aircraft over the next 20 years, and the ca
BALTIC HANDY INDEX
JOC Staff |
1011 (July 15, 1997) Previous day - 1011The Baltic Exchange in London on Tuesdays and Thursd
BRIEFS
From Wire and Staff Reports |
PLANESEMERY TO EXPANDSORTING CENTERDAYTON, Ohio - Emery Worldwide Tuesday an
INDONESIA FORECAST TO GET NUCLEAR PLANT BY 2005
Bridge News |
Indonesia will have a nuclear power plant some time between 2003 and 2005 to meet growing domestic d
BA APOLOGIZES FOR STRIKE, URGES PEACE
Dirk Beveridge |
British Airways told shareholders Tuesday that it needlessly lost tens of millions in a flight atten
VOTE TODAY COULD DECIDE FATE OF NEW YORK'S LILCO
Arthur Gottschalk |
The fate of the Long Island Lighting Co., the New York utility with the highest electricityrates in
PEOPLE ON THE MOVE
From Wire and Staff Reports |
POLAR AIR CARGORobert B. Stephens was appointed vice president of flight operations for this
FREIGHT RATE FUTURES
JOC Staff |
July 15, 1997BALTIC INTERNATIONAL FREIGHT FUTURES MARKET Prev.Close High Low
BRIEFS
From Wire and Staff Reports |
OOCL WILL OFFER SLOTSERVICE IN MAERSK DEALSAN FRANCISCO - Orient Overseas Container Line sai
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