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OFFICIAL SAYS IT'S STILL TOO EARLY TO DISCUSS CUBAN ECONOMIC RECOVERY
Frances Kerry |
Cuba's economy showed signs of improvement last year, but it is still too early to talk of overall r
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
UK'S CLARKE: HOLD BACK AID UNTIL RUSSIA MOVES ON REFORMS
Keith M. Rockwell |
Russia is failing to live up to its pledges of economic reform and should not receive additional Wes
Maritime
GOV. WELD RENEWS PUSH TO BRING DOUBLE-STACK SERVICE TO BOSTON
Michael S. Lelyveld |
Gov. William F. Weld renewed his drive to bring double-stack rail service to the Port of Boston with
Maritime
POSTPONEMENT OF MEETING MAY BOOST ALUMINUM PRICES
Knight-Ridder Financial |
Postponement of the next meeting of six leading aluminum-making countries and regions participating
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
RUSSIA EXPECTS SHORTFALL IN WINTER HARVESTMOSCOW - Because of the 32.6-acre reductio
CHINA'S UNIPEC RESHUFFLES MANAGEMENT
Knight-Ridder Financial |
Chinese oil company Unipec is reshuffling senior management in response to accusations the company h
NYMEX SET TO DETAIL PROPOSAL FOR ELECTRICITY FUTURES CONTRACT
Knight-Ridder Financial |
Nymex officials are expected today in San Francisco to propose specifications for a new electricity
JAPAN MAY DOUBLE PAYOUT LIMIT FOR EARTHQUAKE INSURANCE POLICIES
Margo D. Beller |
Japan's Finance Ministry is considering how to raise the upper limit on insurance benefits to victim
DIPLOMATS SEEK TO CLARIFY REMARKS BY IRAQI OFFICIAL
Knight-Ridder Financial |
Recent comments by Iraqi Deputy Prime Minister Tariq Aziz suggesting he might renew talks on a U.N.
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
RUSSIAN METALS GROUP AIMS TO MAINTAIN OUTPUTMOSCOW - Russian metals group Norilsk Ni
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 25, 1995 Quotations are based on prices reported in the market or obtained from s
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
TRANSPORT CALENDAR
JOC Staff |
Air Cargo Association. Jan. 26. Luncheon speaker: Steve Denniston, director, cooperative education,
CUSTOMS RETHINKS INSPECTION PROCEDURES
Alan Abrams |
Responding to complaints by New York Customs brokers, the Customs Service is re-examining its waterf
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
Journal of Commerce |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Jan. 21, '94 - Dec. 30, '94 (a graph) (2
COST OF CREDIT
JOC Staff |
Wednesday, Jan. 25, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
CHINA TAKES MEMBERSHIP IN INTERNATIONAL CHAMBER
P.T. Bangsberg |
The International Chamber of Commerce based in Paris may not normally loom large in global business,
Maritime
TRADING WITH GUATEMALA GUATEMALA FEARS NAFTA HURTS TEXTILE EXPORT GROWTH
Maria Carlino |
Since the North American Free Trade Agreement put the United States' special trade relationship with
Maritime
REPORT SEES CONTAINERSHIP DEMAND KEEPING PACE WITH RISING CAPACITY
Janet Porter |
The growth in demand for containerships is keeping pace with the huge increase in the size of the fl
Maritime
DEVASTATION AT KOBE DEALS SEVERE BLOW TO SHIP LINES
Masaru Sato |
The head of Japan's shipowners' association said on Wednesday that last week's earthquake has dealt
FREIGHT RATE FUTURES
JOC Staff |
Jan. 25, 1995 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
LUFTHANSA POSTS RECORD CARGO, PASSENGER INCREASES FOR '94
Special to The Journal of Commerce |
Lufthansa German Airlines announced Wednesday that it set records in 1994 for both carrying passenge
BELGIUM PRESSURING AIR FRANCE TO SELL ITS 25 PERCENT STAKE IN SABENA
Bruce Barnard |
The Belgian government is stepping up pressure on Air France to sell its stake in Sabena to allow Sw
SANTA FE, BN SEEK SPEEDY MERGER APPROVAL
Lawrence H Kaufman |
Santa Fe Pacific Corp. and Burlington Northern Inc. will seek faster government approval of their fr
TRANSPORT BRIEFS
Wire and Staff Reports |
AIRLINES RESPOND TO QUAKE EMERGENCYNorthwest Airlines' second emergency flight to aid victim
QUAKE LOOSENS JAPAN PORT RULES ON SUNDAY WORK
Mark Magnier |
The huge killer earthquake that jolted Kobe last week is loosening some long- entrenched rules restr
CLINTON SPEECH CONFIRMS PLANS TO ABOLISH ICC
Lisa Burgess |
President Clinton removed any lingering doubts about the fate of the Interstate Commerce Commission
US, ARGENTINA SIGN AGREEMENT TO FOSTER TRADE
Journal of Commerce Staff |
The United States and Argentina signed an accord Wednesday creating a bilateral business development
GREENSPAN'S COMMENTS ON INFLATION BOOST DOLLAR
Jon E. Hilsenrath |
The U.S. dollar rose Wednesday on Federal Reserve Chairman Alan Greenspan's testimony to Congress an
TAIWAN FIRM POISED TO RIDE SEMICONDUCTOR BOOM
James Peng |
With plans for new science parks, US$10 billion in planned investments and a steady stream of talent
Maritime
CHINA'S CUSTOMS OFFICIALS TO MONITOR EXPORT PRICING
Peter Hannam |
Customs officials will begin auditing all exporters Feb. 1 to ensure products meet minimum price lev
Maritime
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
APPEALS COURT: US CAN JUDGE FOREIGN COMMERCIAL DECREES
Journal of Commerce Staff |
A U.S. court has the jurisdiction to resolve a private claim against a foreign government that termi
Maritime
TRADE BRIEFS
Wire and Staff Reports |
SINGAPORE'S SEIZURE OF CIGARETTES TRIPLESSINGAPORE - Seizures of contraband cigarett
Maritime
FEWER TREES FALL IN CHINA _ AS WILL LUMBER SUPPLIES
P.T. Bangsberg |
China is likely to be short nearly 90 million cubic feet of lumber this year as demand continues to
SHELL, AMOCO, EXXON TEAM UP FOR RECORD GULF OIL PROJECT
Associated Press |
Shell Oil Co. is teaming with Amoco Production Co. and Exxon U.S.A. to build a record deep-water oil
INSURANCE BRIEFS
Wire and Staff Reports |
DISNEY WORLD SUIT SETTLEMENT PROPOSEDMIAMI - About 200 residents of Coral Woods who
MIT TO WORK WITH FASTSHIP ON MARKETING
Knight-Ridder Newspapers |
The Massachusetts Institute of Technology said it will collaborate with FastShip Atlantic Inc. on re
Maritime
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