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RAILS' POOR TRACK RECORD DISCOURAGES INVESTMENT GROWING DEMAND UNDERSCORES NEED FOR MAJOR REFORMS
Gene Linn |
China's trains likely will shed their drab, army-green exterior for colorful Coke and Pepsi ads but
DAILY PETROLEUM PRICES.
JOC Staff |
Friday Sept. 29, 1995 Prevailing sellers' posted prices at the close of business, representi
CALCUTTA'S CELLULAR SERVICE IS HARBINGER FOR INDIA
N. Vasuki Rao |
Telecommunications in India celebrated a landmark this year with the entry into commercial operation
Maritime
INVESTORS GREETED WITH OPEN ARMS IN LATIN MARKETS
Milan Ruzicka |
Driven by economic growth and pent-up demand, and with plenty of money available, the telecommunicat
Maritime
JAPAN'S MARKET INTRIGUES, IRRITATES FOREIGN FIRMS
Mark Magnier |
Japan's telecommunications market, the world's second largest after the United States, is as frustra
Maritime
$20.5 BILLION DISASTER CAP URGED FOR FLORIDA MARKET
Associated Press |
An academic task force that has been seeking ways to brace Florida's homeowners insurance market for
THE RESHUFFLING CONTINUES
P. William Bane, |
Today's multimedia industry is being formed by the convergence of three separate, vertical industrie
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
SIX JAPANESE INSURERS TO SELL NONLIFE POLICIESSix of Japan's eight life insurance companies
PEOPLE - INSURANCE
Wire and Staff Reports |
ST. PAUL FIRE AND MARINE INSURANCE CO. (St. Paul, Minn.) - Gary Hanson was named senior vice preside
UK INSURANCE FIRMS POST BEST EARNINGS IN 15 YEARS BUT PROFIT EXPECTED TO LEVEL OFF IN '96
Liz Shuker |
U.K. insurance companies recorded their best results in 15 years during 1994, but profits are expect
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
EVERGREEN SEEKS TO LURE MAJOR DRIED FRUIT SHIPPERS
Peter M. Tirschwell |
Shippers of dried fruit and nuts, one of the major commodities moving off the West Coast to Europe,
Maritime
SHIP LINE PURSUING MORE VALUABLE CARGO, PRESIDENT SAYS
Journal of Commerce Staff |
In September, West Coast Editor Peter Tirschwell posed several questions to Mr. Ma in writing.
COSCO EMERGING AS SHIPPING DYNAMO CARRIER SHARPENS FOCUS ON MARKET
Peter M. Tirschwell |
If the world's major steamship lines thought they had a lot to fear from the Beijing-owned China Oce
US BUDGET CONCERNS, EU TURMOIL TO RESTRAIN DOLLAR, ANALYSTS SAY
Gordon Platt |
The U.S. dollar will have a tough time moving higher this week, currency traders and analysts said,
BLISTERING GROWTH, CREAKING INFRASTRUCTURE
_ Rosalind McLymont |
It wasn't the way Western powers preached it should be. There were no elections, no popular
HOUSE MODIFIES SHIP BILL FOREIGN LINES GET PROTECTION ON PRICES
Tim Sansbury |
House advocates of shipping deregulation have made key changes in the rate- monitoring provisions of
NORFOLK SOUTHERN OFFERS BUYOUTS TO 475 EMPLOYEES
Journal of Commerce Staff |
Norfolk Southern Corp. has become the latest company to join the ranks of railroads offering buyouts
INFRASTRUCTURE, NAVIGATIONAL WOES PLAGUE MIGHTY YANGTZE
Gene Linn |
China's mighty Yangtze River is not mighty enough. The river provides a direct link between
RAIL UNIONS OPPOSE PLAN FOR MERGING OF TWO PACIFICS
Rip Watson |
Rail unions will strongly oppose the proposed Union Pacific/Southern Pacific rail merger, claiming t
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Sept. 29, 1995 Quotations are based on prices reported in the market or obtained from
VIETNAM POISED TO BEGIN SEARCH FOR DEVELOPER OF FIRST REFINERY
Reuters |
Vietnam will start discussions "very soon" with foreign companies interested in replacing France's T
COMMODITY / ENERGY BRIEFS
From Wire and Staff Reports |
WINNIPEG EXCHANGE REVAMPS CANOLA CONTRACTWINNIPEG, Manitoba - The Winnipeg Commodity
ALCAN TAKING $280 MILLION CHARGE ON HYDRO PROJECT
Reuters |
Alcan Aluminium Ltd. said it is writing down its investment in a huge British Columbia hydroelectric
SHIPPERS DECRY HONG KONG BUILDING LULL BOX TERMINAL CONSTRUCTION DEEMED CRUCIAL
Gene Linn |
For the first time in 25 years, Hong Kong is not building new container terminals. That's wo
STOCKTON GETS OK FOR ANNUAL DREDGING BUT FAILS IN BID TO DEEPEN CHANNEL
Peter M. Tirschwell |
The deep-water port of Stockton, Calif., located 75 miles inland from the Golden Gate Bridge, can fi
Maritime
FOREIGN INVESTMENT CLUSTERS ON THE COAST
Michael Hsu |
For more than a decade, foreign companies have been spinning a wheel of fortune when it comes to pic
BOT HIGHWAY CONCRETE SYMBOL OF GORDON WU'S WORK IN CHINA
Michael Hsu |
Hong Kong developer Gordon Wu, a k a "the No. 1 infrastructure player in Asia," is an enigma.
WORLD BANK, IMF TO FOCUS ON AVERTING FURTHER CRISES
Richard Lawrence |
Safeguarding against international financial crises will be a principal focus of this year's annual
Maritime
COST OF CREDIT
JOC Staff |
Friday, Sept. 29, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
QUOTE TO NOTE ON EAST ASIA'S EMBRACE OF EUROPE:
_ Hong Koo Lee |
"It will be prudent for east Asia to have Europe as a full partner, and be as fully engaged in its e
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Sept. 29, 1995 Prev. Life of Contr. OpenOpen High Low
UNION AGREEMENTS WILL BE MADE BY YEAR-END, BNSF CHAIRMAN SAYS
Kevin G. Hall |
With the ink barely dry on a merger deal, the new Burlington Northern Santa Fe Corp. expects to wrap
US STEEL FIRM TAPPED TO HELP IN EXPANSION OF CHINA YARD
P.T. Bangsberg |
A U.S. company looks set to join the largest shipbuilder in southern China in its project to expand.
Maritime
JOURNAL OF COMMERCE - FAST FACTS MADE IN EAST ASIA
Jane's Information Group; Knight-Ridder Tribune |
No text.
VIETNAM STATE BANKS LAUNCH AUDITS TO IDENTIFY BAD LOANS TO COMPANIES
Ron Corben |
The country's four state banks are hoping to uncover millions of dollars of bad and doubtful loans m
INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS Virginia: Global Gateway. Oct. 4-6. Richmond, Va. Contact: Lou Ann Ladin, Vir
Maritime
ELECTRONICS INDUSTRY BOOMS IN SOUTH KOREA
Journal of Commerce Staff |
South Korea's electronics industry is predicted to surpass the $50 billion mark, according to a fore
Maritime
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 241.78 up 1.18 w
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