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BRIEFS
From Wire and Staff Reports |
LONDON LIFE TO BUY UNITSOF PRUDENTIAL IN CANADALONDON, Ontario - London life will buy the ca
CHINA SLOWLY OPENING DOOR TO FOREIGN INSURANCE FIRMS
P.T. Bangsberg |
As China opens the door to its virtually untapped insurance market a crack further, several U.S. and
NEW APPROACH WEIGHED FOR US CROP INSURANCE
Associated Press |
A new crop insurance program meant to replace lost income - not just recover planting costs - is bei
PROPERTY INSURANCE CRUNCH IN FLORIDA MAY BE NEARING AN END
Robert G. Knowles |
A dramatic decrease in April in the number of new applications for property insurance received by a
POLITICAL UNCERTAINTY IN INDIA CLOUDS OUTLOOK FOR INSURANCE MARKET REFORM
N. Vasuki Rao |
The continued uncertainty over who will govern India is spilling over into plans to open the country
FORGED LETTER ADDS TO LLOYD'S INTRIGUE
HELEN R. MacLEOD |
No clues were forthcoming Wednesday in the investigation concerning forged letters sent to about 100
US GIVES INITIAL OK TO DELTA ALLIANCE
Journal Of Commerce Staff |
Swissair, Austrian Airlines, Sabena of Belgium and Delta Air Lines received tentative approval of an
LAWMAKERS, INDUSTRY BLAST CLINTON ENCRYPTION PLAN
Michael S. Lelyveld |
A confidential Clinton administration plan to ease export curbs on encrypted software is being blast
US GROWER RENEWS PATENT BATTLE
Peter Tirschwell |
One of the largest fruit and vegetable growers in California is intensifying efforts this week to as
BRIEFS
From Wire and Staff Reports |
SHIPSNAVY INVESTIGATES CRASHOF FREIGHTER, NUCLEAR SUBHAMPTON ROADS, Va. - The U.S. N
HOUSE GOP PULL LABOR LAW AMENDMENT SOUGHT BY FEDERAL EXPRESS CORP.
William Roberts |
House Republicans Tuesday pulled from the House floor a controversial amendment sought by Federal Ex
GIANT ELECTRIC UTILITY IN NEW HAMPSHIRE FINDS ITS POWER ZAPPED BY A LITTLE NEWCOMER
Arthur Gottschalk |
With little more than a desk, a phone and good legal advice, tiny Freedom Energy Co. took on the exc
JOURNAL OF COMMERCE - FAST FACTS \ US COTTON IMPORTS: TEXTILES & APPAREL
Commerce Department Textiles Office |
No text.
COST OF CREDIT
JOC Staff |
Tuesday, May 21, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
FEFC TO DISCUSS RATE HIKE PROPOSAL
Janet Porter |
An emergency meeting of the Far Eastern Freight Conference will be held here Friday as shipping line
ILWU STILL PUSHING TO SIGN UP PLANNERS
Bill Mongelluzzo |
The International Longshoremen's and Warehousemen's Union has organized the vessel planners at Long
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
DOLLAR CLIMBS TO 16-MONTH HIGH AGAINST GERMAN MARK
Knight-Ridder Financial |
The U.S. dollar rose to a 16-month high against the Deutsche mark Tuesday after a Bundesbank officia
ROSTOCK TO SELL CARGO COMPANY
Robert Koenig |
The Baltic port of Rostock , once the center of East Germany's maritime industry, has fallen on hard
BRIEFS
From Wire and Staff Reports |
LA MAYOR DROPS PLANTO DIVERT AIRPORT FUNDSLOS ANGELES - The City Council voted to refrain fr
TANKER GIANT OMI CORP. BELIEVES BEST HOPE FOR FUTURE LIES OVERSEAS
Alan Abrams |
Despite recent improvements in his company's long-depressed domestic business, tanker giant OMI Corp
ARMEY URGES TAX REFORM RATHER THAN DEEP RATE CUTS
Tom Connors |
Basic tax reform should take priority over the deep cuts in income tax rates some supporters have pr
P&O CONTAINERS ORDERS WORLD'S LARGEST BOXSHIPS
Janet Porter |
The largest containerships ever to be built have been commissioned by P&O Containers.The Bri
BRIEFS
From Wire and Staff Reports |
EMERY AWARDED PACTSAT GMC PARTS CENTERSREDWOOD CITY, Calif. - Two international divisions of
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, May 26, '95, - May 21, '96 (a graph)(2)D
BALTIC FREIGHT INDEX
JOC Staff |
1401 (May 21, 1996) Previous day - 1408The Baltic International Freight Futures Market in Lo
SINGAMAS CONTAINER OPENS REFRIGERATED BOX PLANT IN CHINA
P.T. Bangsberg |
China's second-largest maker of maritime containers, Singamas Container Holdings Ltd., opened a $20
APEC GROUP TO PRESENT COLLECTIVE PLAN TO PROTECT INTELLECTUAL PROPERTY RIGHTS
Rita Raagas |
A collective action plan to stamp out piracy of intellectual property in the Asia-Pacific is expecte
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
BRIEFS
From Wire and Staff Reports |
KANTOR NAMES LA RUSSAFOR ANTI-DUMPING POSTWASHINGTON - Robert La Russa, the No. 2 official a
Maritime
PORT OF ST. PETERSBURG SEEKS CONTAINER CUSTOMERS
Alan Abrams |
The Port of St. Petersburg, Russia, is seeking to counter its reputation as a problem port so it can
NEC'S BID TO SUPPLY SUPERCOMPUTER TO US AGENCY STIRS DUMPING QUESTIONS
Journal Of Commerce Staff |
A bid by leading Japanese electronics company NEC Corp. involving a $35 million supercomputer sale t
Maritime
FREIGHT RATE FUTURES
JOC Staff |
May 21, 1996Baltic International Freight Futures Market Prev.Close High Low
QUOTE TO NOTE
Atal Behari Bajpayee |
''We will soon begin the process of identifying 50 million poorest-of-the-poor families for immediat
Maritime
CONGRESS MAY YET SQUEAK BY ON SHIP SUBSIDY PACT DEADLINE
Tim Sansbury |
Congress may meet a mid-June deadline set by the United States' European trading partners for cleari
BRITAIN THREATENS TO DISRUPT BUSINESS IN EU UNLESS BAN ON BEEF IS EASED
Bruce Barnard |
The European Union's worldwide ban on British beef exports threatened to erupt Tuesday into a tit-fo
Maritime
RUSSIA APPLIES FOR MEMBERSHIP IN THE OECD
Christine Benischke |
In a surprise move, Russia formally applied for membership in the Organization for Economic Cooperat
Maritime
COTTON: US WATERBORNE EXPORTS
Compiled by the Journal of Commerce from database of Port |
No text.
US TO STRESS FOUR SECTORS AT APEC MEET
Journal Of Commerce Staff |
The United States will press for quick agreements for ''free and open'' trade in information technol
Maritime
MARITIME VETERANS CLASH OVER MERITS OF THE JONES ACT
Tim Sansbury |
The 75-year-old law restricting cargo shipped between U.S. ports to U.S.-flag ships is ''essential t
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