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LIFE INSURERS IN JAPAN PLAN TO CUT PAYOUTS TO POLICYHOLDERS
Associated Press |
Major Japanese life insurance companies plan to cut payouts to policyholders in fiscal 1996, startin
PORTS FIND SOLID BASE IN STEEL SHIPMENTS
Bruce Vail |
Many U.S. ports are enjoying brisk business in steel. Exports are expected to approach last year's t
PROPERTY-CASUALTY PROFITS RISE BUT EXPENSES CAST SHADOW
Margo D. Beller |
Profits of U.S. property and casualty insurers rose 85 percent last year as the industry recovered f
TOUGH RULES FAIL TO DETER AGENT GROWTH IN MALAYSIA
P.T. Bangsberg |
Despite the continuation of tougher rules, insurance agents in Malaysia keep expanding.A rep
3 PROPOSITIONS DEFEATED BY VOTERS IN CALIFORNIA
Journal of Commerce Staff |
California voters Tuesday defeated three propositions that had direct or indirect implications for t
REGULATORS BEMOAN RULING THAT ALLOWS BANK SALES
Margo D. Beller |
State insurance regulators were disappointed in Wednesday's ruling by the U.S. Supreme Court letting
INDUSTRY KEEPS EYE RIVETED ON ECONOMY
Gary Rosenberger |
Steel manufacturers are downplaying prospects of a U.S. economic slowdown in 1996, believing that th
$1.75 MILLION IN CD-ROMS SEIZED IN RAIDS IN SINGAPORE
Vijay Joshi |
In a series of raids on stores and delivery vans, police seized 6,477 fake CD-ROM discs worth at lea
Maritime
IMPORTERS EXPECTED TO MEET MARKET RESISTANCE THIS YEAR
Gary Rosenberger |
Foreign steel producers can expect a difficult time penetrating the U.S. market this year.A
SWISS FINANCIER REY ARRESTED IN THE BAHAMAS
Reuters |
Switzerland's most wanted fugitive, financier Werner Rey, has been arrested in the Bahamas and will
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Mar. 26, 1996Prev. Life of Contr. Open Open High Low
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by:U.S. Department of CommerceU.S. and Foreign Commercial Service
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
MITSUI TO REORGANIZEOPERATIONS AT TWO PORTSTOKYO - Mitsui O.S.K Lines said it will reorganiz
Maritime
PASSENGER FALLS OFF CRUISE SHIP, SWIMS 4 MILES TO PUERTO RICAN SHORE
Reuters |
A cruise ship passenger survived a night-time tumble from the deck of a cruise liner Tuesday and swa
Maritime
POOLING PACT STIRS HOPE FOR UNUSED CONTAINERS
Chris Isidore |
They would fill more than 40 freight trains, each a mile long.If they were used, that is.But
CHINA LOOKS TO REVITALIZE ITS SUFFERING TEXTILES INDUSTRY
P.T. Bangsberg |
China's beleaguered textile sector is rethinking its strategy as rising costs and tougher competitio
Maritime
FRANCE, US END AIRLINE DISPUTE \ NATIONS PLEDGE TO FORGE NEW TREATY
Tara Patel |
Days before the opening of the busy summer season, the United States and France on Tuesday resolved
US SALMON INTERESTS UNFAZED BY THREATS \ CANADA'S PROPOSAL TO REIMPOSE FEE CALLED GRANDSTANDING
WILLIAM DiBENEDETTO |
As talks between the United States and Canada on this season's salmon fishery allocations get under
Maritime
AMERICAS BLOC PROVES UPHILL CLIMB
Kevin G. Hall |
No one said it was going to be easy. And it isn't. Forging an Americas free-trade agreement by the y
JOURNAL OF COMMERCE - FAST FACTS \ EXPORTS' SHARE OF US MACHINE TOOL SHIPMENTS
Association for Manufacturing Technology, McLean, Va. |
No text.
STEVEDORE'S CHAPTER 11 FILING ROCKS PHILADELPHIA PORT
Michael Fabey |
Independent Pier Co. - one of the oldest stevedoring companies in the Philadelphia port - filed rece
Maritime
POOR SHOWING BY BOX, FERRY OPERATIONS CLIPS P&O'S PROFIT
Bruce Barnard |
Peninsular & Oriental Steam Navigation Co., Tuesday reported a fall in pretax profit in 1995, to 320
Maritime
RUSSIA VOWS TARIFF CUTS, LIFTS US POULTRY BAN \ IMF CLEARS PATH FOR $10.2 BILLION LOAN
Richard Lawrence |
Russia dispersed two storm clouds over its economic relations with the West, lifting a ban on poultr
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
PRESIDENT OF EL ALRESIGNS IN PROTESTJERUSALEM - The president of El Al Israel Airlines annou
US MARKET TO REMAIN OPEN TO CHINA DESPITE STRAINED TIES, BROWN SAYS
Journal of Commerce Staff |
The Clinton administration will keep the U.S. market open to China despite trade, human rights and o
JFK INTERNATIONAL CALLED ONE OF WORST IN IATA SURVEY OF WORLD'S AIRPORTS
Robert Evans |
John F. Kennedy International Airport in New York has been dubbed one of the world's worst airports
AIRBORNE ADDS POSTAL CODES TO FOREIGN DESTINATIONS
Journal of Commerce Staff |
Airborne Express is implementing postal code routing to 15 of its most-common destination countries.
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Mar. 31 '95, - Mar. 26, '96 (a graph)(2)
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
DIGGING OUT FROM STORM IS SNOW JOKE FOR TRUCKERS
Gregory S. Johnson |
Food stores were slowly restocking shelves as truckers resumed running near to normal Tuesday follow
LEP PROFIT EXPECTS GOOD RECEPTION FOR OVERNIGHT SERVICE TO PUERTO RICO
Gregory S. Johnson |
Six weeks after a management buyout and a month after replacing its top executive, LEP Profit Intern
COST OF CREDIT
JOC Staff |
Tuesday, March 26, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
FEDERAL RESERVE BOARD DECIDES TO HOLD FIRM ON INTEREST RATES \ SENATE REVIEWS BOARD NOMINATIONS
Tom Connors |
Given the economy's apparent rebound from a weak January performance, the Federal Reserve Board's Op
TEXAS PANEL'S OPPOSITION TO MERGER ANGERS UP, SP
From Wire and Staff Reports |
The Texas Railroad Commission voted Tuesday to officially oppose the proposed merger of Union Pacifi
THE LATIN AMERICAN RISK PREMIUM IS TOO HIGH, MERRILL LYNCH OFFICIAL SAYS
Knight-Ridder Financial |
The risk premium for Latin America is ''overdone'' because it ignores deep and ongoing financial and
COAL TRANSPORT CONSULTANT VOWS NOT TO BE INTIMIDATED BY RAILS
Tim Sansbury |
Despite warnings from CSX Transportation Inc., a former company executive said he'll continue advisi
TRADE BRIEFS
Wire and Staff Reports |
SPAIN POSTS SURPLUSIN CURRENT ACCOUNTMADRID - Spain posted a current account surplus
Maritime
SWEDEN FORECASTS 7.3 PERCENT JOBLESS RATE IN '96
Knight-Ridder Financial |
Unemployment in Sweden will average 7.3 percent in 1996 and 6.7 percent in 1997, the Labor Council s
FED'S INACTIONIS CONTAGIOUS AS DOLLAR HOLDS STEADY
Knight-Ridder Financial |
The U.S. dollar remained stuck in narrow trading ranges Tuesday, as the lack of an interest rate cut
FRA UNVEILS PROPOSALS COVERING WORKERS ALONG RAILROAD RIGHT-OF-WAY
Rip Watson |
Under congressional pressure to improve rail safety regulation, the Federal Railroad Administration
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