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DAILY PETROLEUM PRICES.
JOC Staff |
Monday Aug. 21, 1995 Prevailing sellers' posted prices at the close of business, representin
QUOTE TO NOTE ON IRAQ'S STRUGGLING ECONOMY:
_ Prominent Iraqi defector In Amman |
"Iraq has returned to the Dark Ages. Hungry mothers and children stand at junctions on the road begg
Maritime
TRADE BRIEFS
Wire and Staff Reports |
JAPAN TRADE MINISTER MAKES PARTY BIDTrade Minister Ryutaro Hashimoto, one of Japan's most po
Maritime
LA PANEL POISED TO DEFY STATE OVER CITY SERVICES PORT DEPARTMENT FIGHTS IMPENDING $84 MILLION BILL
Bill Mongelluzzo |
A battle royal is brewing between the Los Angeles Harbor Commission and the California attorney gene
Maritime
UPJOHN, PHARMACIA TO MERGE, CREATING ONE OF WORLD'S 10 LARGEST DRUG FIRMS
Reuters |
Upjohn Co. and Sweden's Pharmacia said they will merge later this year to create one of the world's
CATASTROPHIC OPTION CALL SPREADS
Chicago Board of Trade |
For quotes on National, Midwestern or other markets, call the CBT trading floor during trading hours
US COFFEE ROASTINGS LAG '94
Knight-Ridder Financial |
U.S. 1995 coffee roastings through Aug. 12 reached 10.065 million 60-kilogram bags, down from 10.305
PUSH TO OPEN INSURANCE SECTOR SLOWLY PICKS UP SPEED IN CHINA
P.T. Bangsberg |
China appears to be gently accelerating the pace of overseas access to its fledgling but potentially
QANTAS EXPECTS SELL-OFF OF EXCESS FOREIGN HOLDINGS
Reuters |
Qantas Airways said Monday that foreigners held 52 percent of the national airline following privati
SPOT PRODUCT PRICES
JOC Staff |
Aug. 21, 1995 U.S. spot oil product price indications, sellers range, in cents per gallon, f
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending Aug. 21, 1995.
PRIVATE ENTERPRISE IN THIRD WORLD GETS BOOST FROM WORLD BANK, IDB AGENCIES PLAN WIDE RANGE OF AID
Richard Lawrence |
Two Washington-based international agencies - the World Bank and the Inter- American Development Ban
COST OF CREDIT
JOC Staff |
Monday, Aug. 21, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
REPORTS SAY 2 DEAD, 27 INJURED IN GA. COMMUTER PLANE CRASH
Reuters |
At least two people were killed Monday in the crash of a twin-engine commuter plane outside this wes
TAX REFORM PROMISED IN BRAZIL IN MOVE TO STIMULATE ECONOMY
Knight-Ridder Financial |
Brazilian President Fernando Henrique Cardoso said Monday he will propose cuts in corporate income t
Maritime
TRADE TALK - ROSALIND MCLYMONT DEFENDING HOME WORK: YOUR "TYRANNY' MAY BE HER ENTREPRENEURIALISM
Rosalind McLymont |
Remember the tyranny of homework? You couldn't go out to play or do the things you really wa
Maritime
BULGARIAN TRADERS SANDWICHED BY SANCTIONS MEASURES AGAINST IRAQ, YUGOSLAVIA HURT ECONOMY
Michele Kayal |
A natural bridge between Europe and the Middle East, Bulgaria finds itself squeezed by sanctions at
Maritime
RUSSIAN INSURERS APPLAUD DECISION ON TAX REFORM PREMIUMS TO BE DEDUCTIBLE ITEM
Geoff Winestock |
The Russian insurance industry could twitch into life following a decision to make insurance premium
CORRUPTION PERVADES PORT, BUSINESSES AT SANTOS SAY
Journal of Commerce Staff |
The congestion of containers here has opened some new financial opportunities for port officials and
DOLLAR SLIPS AS TRADERS TAKE PROFITS, WAIT ON FED
Kamran Pasha |
The U.S. dollar declined slightly Monday as traders took profits from its spectacular recent rally a
TECHNOLOGY CALENDAR
JOC Staff |
"Scouting and Networking for New Technologies in Life and Material Sciences." Aug. 28-29. Seminar sp
Transport, Trade and Regulation News
MARITIME BRIEFS
Wire and Staff Reports |
KOREA MARINE PLANS SERVICE WITH YANG MINGTOKYO - Korea Marine Transport Co.'s Japan
Maritime
CRANES HOVER OVER HANOI'S SKYLINE AS CITY LANDSCAPE YIELDS TO CHANGE
John Rogers |
Forklifts clogging Hanoi's narrow streets and cranes towering over tree-lined avenues and lakes tell
Maritime
AMERICAN INTERNATIONAL RECEIVES CONVERTED LOCKHEED FREIGHTER
Journal of Commerce Staff |
American International Airways took delivery Monday of the first Lockheed L- 1011-200 TriStar aircra
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
GROUP SUES REGULATORS OVER STRIP-MINE RULESA citizens' group filed suit accusing federal str
TRANSPORT INDEX REMAINS STABLE BULK SHIPPING HAS BEST RESULTS
Journal of Commerce Staff |
Despite a softening in the general industrial market last week, the transportation sector remained f
Maritime
US BUSINESS BACKS BAN ON CHEMICAL WEAPONS
Milan Ruzicka |
U.S. industry, in a neat blend of altruism and self-interest, has thrown its full weight behind the
WHO SANK THE PESO? IMF STIRS NEW DEBATE
Kevin G. Hall |
A report by the International Monetary Fund suggesting that Mexican - not foreign - investors were t
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
MOODY'S: JAPANESE BANKS NO BETTER THAN ADEQUATE
Rika Otsuka |
A major credit rating agency issued a harsh assessment of Japan's banking industry Monday, ranking t
LPG SUPPLIERS PREPARING FOR RISING CHINESE DEMAND EXTRA COMPETITION MAY CRIMP PROFITS
Reuters |
Suppliers of liquefied petroleum gas are gearing up to meet a potential increase in winter demand in
JOBLESS RATE FALLS IN NETHERLANDS
Knight-Ridder Financial |
Registered unemployment in the Netherlands averaged 445,000, or 6.9 percent of the work force in the
HONG KONG UNEMPLOYMENT AT 3.2 PERCENT
Knight-Ridder Financial |
Hong Kong's provisional unemployment rate for May-July rose to 3.2 percentfrom a seasonally
SPOT COMMODITIES
JOC Staff |
Aug. 21, 1995 Included are list prices of suppliers. Quotations do not necessarily represent
STUDY SEES "TAX PROTECTIONISM' RISING IN EMERGING MARKETS INVESTMENT FLOW SAID TO BE AFFECTED
Gordon Platt |
Everybody wants a bigger piece of the global pie. The tax authorities in emerging markets see the cu
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
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled for the coming months. The Journal of Commerce assumes
Maritime
TRADE BRIEFS
Wire and Staff Reports |
FIRMS SCRAMBLE TO MEET DEADLINE FOR POLISH BIDSNEW YORK - Western telecommunications
Maritime
PORT OF CHURCHILL SEEKS LABRADOR NICKEL DEAL
Associated Press |
The beleaguered Port of Churchill in northern Manitoba is looking to strike pay dirt from a nickel r
TACOMA, WITH HELP FROM PORT AND STATE, ACQUIRES RAILWAY
Journal of Commerce Staff |
The city of Tacoma, Wash., with financial help from the state and the Port of Tacoma, has purchased
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