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SINGAPORE ASKS WTO TO SETTLE MALAYSIAN CHEMICAL DISPUTE
Reuters |
Singapore on Wednesday said it had asked the world trade agency to help settle a dispute with neighb
INSTABILITY HINDERS FLOW OF INVESTMENT IN BANGLADESH
N. Vasuki Rao |
Political instability and numerous fundamental shortcomings are hindering the flow of needed foreign
Maritime
EXPERT CASTS DOUBT ON GAS PIPELINE BETWEEN OMAN, INDIA
Knight-Ridder Financial |
A senior energy technologist Tuesday hinted that the proposed deep-sea natural-gas pipeline between
GOLD OUTPUT IN GUYANA JUMPED IN '94
Knight-Ridder Financial |
Increased output by companies and individual miners lifted Guyana's gold output to 360,079 ounces in
UNION LEADER AT NEWPORT NEWS YARD SAYS HE VIOLATED LAW TO GAIN POST
Associated Press |
The president of Newport News Shipbuilding's largest union says he violated a federal labor law in w
Maritime
FIRM ISSUES RECORD COVER FOR CHINA'S NEXT SATELLITE
P.T. Bangsberg |
The next communications satellite launched by China will be insured for a record $160 million, possi
TAME US INFLATION DATA LEAVE DOLLAR STRUGGLING
Knight-Ridder Financial |
The U.S. dollar struggled to hold onto small gains here as tamer-than- expected U.S. December inflat
SENATE TO ELIMINATE MERCHANT MARINE PANEL
Stephanie L. Nall |
The U.S. merchant marine, once one of the most powerful interest groups in Congress, has lost anothe
AVIATION EXPERTS DRAW UP SAFETY RECOMMENDATIONS
Lisa Burgess |
Aviation experts meeting here this week for a safety summit have identified 50 key issues they belie
GASOLINE PRICES
JOC Staff |
Jan. 11, 1995 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
SPOT PRODUCT PRICES
JOC Staff |
Jan. 11, 1995 U.S. spot oil product price indications, sellers range, in cents per gallon, f
MARAD CAN BE AXED IN FISCAL '96, DOT OFFICIAL TELLS HOUSE PANEL
William L. Roberts |
A top Transportation Department official recommended to a House transportation panel Wednesday that
Maritime
MAERSK REVAMPS PORT CALLS FOR 2 S. AMERICAN ROUTES
Journal of Commerce Staff |
The Virginia Port Authority's gain is Baltimore's loss as a result of a decision by Maersk Line to r
Maritime
CANADIAN DOLLAR HITS 9-YEAR LOW ON QUEBEC CONCERNS, PESO TURMOIL
Leo Ryan |
Growing concern over Quebec nationalism and a high federal deficit, as well as turmoil on foreign ex
Maritime
CHINA INDUSTRY OUTPUT ROSE 17.5 PERCENT IN 1994
Knight-Ridder Financial |
China's industrial output increased 17.5 percent to 1.6 trillion yuan (US$189.5 billion) in 1994 fro
FINLAND SEEKS INVESTMENT SAFEGUARDS, OFFERS TO BE INDIA'S GATEWAY TO EUROPE
Narayanan Madhavan |
Finland, signaling its readiness to pump capital into India, asked New Delhi on Tuesday for a pact t
Maritime
TRADING WITH JAMAICA US FIRMS DRAWN TO JAMAICA AS LOW-COST ASSEMBLY SITE
Maria Carlino |
While Mexico and China are among the favored low-cost assembly sites for U.S. companies, many are po
Maritime
LARGEST UNUM UNIT PLANS TO ELIMINATE 300 JOBS
Associated Press |
Unum Corp.'s largest division will eliminate 300 jobs in the Portland area in 1995. Unum Lif
EXPANSION OF EU EXPECTED TO BENEFIT HAMBURG PORT
Miriam Widman |
Although the accession to the European Union of Sweden, Austria and Finland will be good for trade a
Maritime
TEXAS PORTS PREPARE FOR FALLOUT FROM PESO
Kevin G. Hall |
A joke along the U.S.-Mexico border has it that when Mexico sneezes, Texas catches a cold. Port offi
NO QUICK FIXES SEEN FOR MEXICAN STOCK MARKET
Kevin G. Hall |
This week's volatility on the Mexican stock market, which has spilled over to other Latin American m
ICC SOLICITS COMMENTS ON TRUCK INTERLINING
Lisa Burgess |
The Interstate Commerce Commission is seeking industry opinion on whether trucking deregulation has
AIR MACAO CHIEF RESIGNS OVER STRATEGY DIFFERENCES
P.T. Bangsberg |
After only four months on the job, the executive director of Air Macao resigned Monday in what compa
IN A BANNER 199 4 FOR RAILWAYS, DECEMBER WAS ICING ON THE CAKE
Lawrence H Kaufman |
The railroad industry entered 1995 on a high note, finishing 1994 with record carload and intermodal
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Jan. 11, 1995 No. 4/ No. 6/ No. 6/1% 1% 0.5%
NEW VEIN OF GOLD FOUND IN SURVEY OF PHILIPPINE SITES
Cecilia Quiambao |
United Paragon Mining Corp. announced Wednesday a gold discovery in the eastern Philippines in a new
CHEMICAL PRICES
JOC Staff |
As of Jan. 11, 1995 Quotations are based on prices reported in the market or obtained from s
FREIGHT RATE FUTURES
JOC Staff |
Jan. 11, 1995 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
FALLOUT FROM GULF WAR CONTINUES TO PLAGUE JORDAN'S PORT OF AQABA
Reuters |
Business at Jordan's Red Sea port of Aqaba, on the decline since the 1990 Gulf crisis, fell 8.7 perc
Maritime
THAI PRICES INCREASE 4.6 PERCENT ON YEAR
Knight-Ridder Financial |
Thai consumer prices in December were 4.6 percent higher than a year earlier, but 0.2 percent lower
TRANS-PACIFIC SHIP LINES RIDE COTTON PRICE WAVE
Bill Mongelluzzo |
Shipping lines in the trans-Pacific trades are enjoying a boom in cotton exports to the Far East and
PEOPLE - TRANSPORT
From Wire and Staff Reports |
JACKSONVILLE PORT AUTHORITY (Jacksonville, Fla.) - John D. Clark was named deputy directorof the avi
COST OF CREDIT
JOC Staff |
Wednesday, Jan. 11, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
TUNA FISHING BUILDS FORTUNES IN PHILIPPINE'S GENERAL SANTOS
Rene Pastor |
Roberto Cantoja started with a handful of fishing boats in the days when his crews had to carry rifl
GROWERS' GRIEVANCES IMPERIL INDIAN COFFEE EXPORTS
Reuters |
Indian coffee growers threatened to halt coffee exports unless the government removes the vestiges o
COMMODITY / ENERGY BRIEFS
From Wire and Staff Reports |
CONGRESS MAY TRIM FAT OFF MEAT INSPECTION PLANST. LOUIS - Congress could pass this y
HEAVY SELLING, DEPLETED SUPPLIES PERK UP VIETNAMESE PRICES
Knight-Ridder Financial |
Vietnam coffee prices have risen the past two weeks mainly because of fast- declining supplies, acco
MO. CITY SUES AMOCO OVER WASTE CLEANUP
Knight-Ridder Financial |
The city of Independence has sued Amoco Oil Co. to try to force swifter cleanup of hazardous waste a
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 233.87 up 0.22 wh
CLINTON, MURAYAMA MEET IN ATMOSPHERE OF COOPERATION
John Maggs |
President Clinton met with Japan's prime minister Wednesday in an atmosphere of cooperation that is
Maritime
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