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GLOBAL INTEREST RATE OUTLOOK TURNS AGAINST THE US DOLLAR, ANALYSTS SAY
Gordon Platt |
Changes in the global interest rate outlook have pinned the dollar down, but there is enough confusi
COST OF CREDIT
JOC Staff |
Friday, May 10, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
QUOTE TO NOTE
Frank Shrontz |
''We are clearly a big target.''
Maritime
NO NEED TO DEVALUE PESO, OFFICIALS SAY \ EFFECT ON EXPORTS A MAJOR CONCERN
Kevin G. Hall |
Despite the eroding effects of inflation, the Mexican peso is fine in its present trading range and
Maritime
CHUBB'S DEAN O'HARE PRODS INSURERS TO EXPAND OVERSEAS
Ronald Gift Mullins |
American insurance companies are in retreat internationally, and this ''means we are giving up the c
CORRUPTION CLAIM RAINS ON THAI PORT'S PARADE
Ron Corben |
Thailand's opposition party says bribery played a role in the award of a concession at the Port of L
BRIEFS
From Wire and Staff Reports |
MITSUBISHI ANNOUNCESMALAYSIAN VENTURETOKYO - Mitsubishi Corp. announced it will set up a joi
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 260.30 off 0.21
BRIEFS
From Wire and Staff Reports |
ESCONDIDA MINE FINDSMORE COPPER IN ATACAMASANTIAGO, Chile - The Escondida mine has found mor
DAILY PETROLEUM PRICES.
JOC Staff |
Friday May 10, 1996Prevailing sellers' posted prices at the close of business, representing
BRIEFS
From Wire and Staff Reports |
CARGO VOLUME DIPSAT PORT OF HAMBURGHAMBURG - Cargo volume at the Port of Hamburg fell 1.4 pe
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeMay 10, 1996 Brent Crude Oil - (Dollars Per Barrel)
BNSF HELPS TO DEVELOP FULLY ENCLOSED RAILCAR
Journal Of Commerce Staff |
Burlington Northern Santa Fe Corp. is showcasing a newly designed railcar known as the AllRailer as
SHANGHAI PETROCHEMICAL TO EXPAND
Knight-Ridder Financial |
China's Shanghai Petrochemical plans to invest 4.7 billion yuan ($566 million) into 11 major technic
GERMAN AIR DEAL MAY BE PRECURSOR
Robert Koenig |
Antitrust immunity given to a marketing alliance between United Airlines and Germany's Lufthansa Air
PUGET SOUND PILOT PLAN INAUGURATES A NEW ERA
WILLIAM DiBENEDETTO |
Puget Sound pilots and carriers avoided their annual rumble over pilotage rates when both sides agre
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
RAIL LINK FUTURE SEEN ROSY
From Wire Reports |
China's new ''Silk Route'' to central Asia and Europe is bogged down in customs disputes, but has th
BALTIC FREIGHT INDEX
Journal of Commerce |
The Baltic Freight Index is a daily indicator of world bulk shipping freight rate levels.
SMALL JAPANESE FIRMS CLOSE OPERATIONS ABROAD \ LARGER COMPANIES CONSIDER PULLOUTS
Coco Kubota |
Japan's trade ministry said this week that small and medium-sized Japanese companies continued on ba
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 |
CATHAY PACIFIC GETSITS FIRST BOEING 777SEATTLE - Boeing Co. delivered Cathay Pacific Airways
INDIAN VILLAGERS PROTEST ENRON DEAL
Clarence Fernandez |
Troops of black-faced monkeys squabble in the road along the route to India's largest power plant, s
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 10, 1996No. 4/ No. 6/ No. 6/1% 1% 0.5%Bu
BRIEFS
From Wire and Staff Reports |
HIGH PRICES NOT SEENENDING DRILLING IMPASSEANCHORAGE - The recent surge in gasoline prices a
HEAVY-TRUCK SALES REMAIN IN LOW GEAR
Michael S. Lelyveld |
Heavy-truck sales suffered a double-digit drop in April from the record levels of a year earlier as
EU ASKS WTO AID TO OPEN S. KOREAN TELECOM MARKET
Katherine Butler |
The European Commission said it was turning to the Geneva-based World Trade Organization to force op
Maritime
UPS PLANS "QUICK CHANGE' TO LURE WEEKEND TRAVELERS
Gregory S. Johnson |
You no longer have to be a package to fly United Parcel Service.UPS, the largest freight tra
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
WORLD BANK GRANTS LOAN TO VIETNAM
Knight-Ridder Financial |
James Wolfensohn, World Bank president, said late last week the bank has earmarked $1.5 billion in c
Maritime
BRIEFS
From Wire and Staff Report |
BANK THREATENS TO BLOCKSINGAPORE FROM BIDDINGMANILA - Singapore may be blocked from bidding
Maritime
HONG KONG STRENGTHENING REGIONAL TRADE RELATIONS
P.T. Bangsberg |
Hong Kong, suffering an unusual and worrying blip in exports, visits its Southeast Asian neighbors s
Maritime
US PRESSES RELUCTANT JAPAN ON SEMICONDUCTOR PACT
Tim Shorrock |
The United States and Japan differ sharply on renewing a pathbreaking agreement that reserves a shar
Maritime
NAMES ANGERED BY LATEST OFFER
HELEN MacLEOD |
The mood of action groups representing Lloyd's of London investors hardened quickly against acceptan
LAWMAKERS QUESTION MARAD LOAN PROGRAM
Tim Sansbury |
Two key legislators, one from the Senate and one from the House, are taking aim at the centerpiece o
BRIEFS
From Wire and Staff Reports |
MEXICO MODIFIESORIGIN REQUIREMENTSMEXICO CITY - Mexico has published modifications to certif
Maritime
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended May 4, total piggyback freight hauled on the nation's major railroads equaled 156
PROSPECTS FOR PORT ROYAL AND GEORGETOWN HELD EXCELLENT
Fred Monk |
The ports of Georgetown and Port Royal present distinct challenges for the South Carolina State Port
INSURANCE PAYS OFF FOR FRENCH BANKS \ "BANCASSURANCE' IS BUSINESS AS USUAL
Margo D. Beller |
Banks selling insurance, a source of controversy in the United States, has been a way of life in the
ADJUSTING FIRM CHARGED WITH INFLATING CLAIMS
Associated Press |
The oldest public adjusting firm in the world has been charged with conspiring to inflate claims by
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