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INDIAN BANK TAKES STEPS TO ENCOURAGE INVESTMENT
Sumit Sharma |
India's central bank, in twin moves to attract more cash from nationals living overseas, has eased r
Maritime
GASOLINE PRICES
JOC Staff |
Aug. 26, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Aug. 26, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
ENERGY BRIEFS
Wire and Staff Reports |
MATSUSHITA REPORTS INCREASE IN PROFITTOKYO - Matsushita Electric Industrial Co., own
PIPELINE PLAN HITS ROADBLOCK IN COLO.
Associated Press |
Diamond Shamrock officials aren't sure of their next move now that El Paso County planners have reje
QUEBEC UTILITY TOUTS HYDROPOWER AS WAY TO REDUCE CO2 SCIENTISTS SAY 60 PERCENT CUTS NEEDED
Arthur Gottschalk |
As environmental negotiators gathered at the United Nations this week to discuss ways to reduce carb
INDIA SELECTS AMERICAN COMPANY FOR COAL WASHERY JOINT PROJECTS
N. Vasuki Rao |
An American company is among 14 chosen by state-owned Coal India Ltd. to set up coal washeries in th
DAILY PETROLEUM PRICES.
JOC Staff |
Thursday Aug. 25, 1994 Prevailing sellers' posted prices at the close of business, represent
TOUGHER ACTION FROM GOVERNMENT SEEN AS NIGERIAN STRIKE CONTINUES
Knight-Ridder Financial |
The conduct of Nigeria's military government and signs of an imminent reshuffle in favor of hardline
TRANSPORT BRIEFS
Wire and Staff Reports |
SIGNATURE FLIGHT SUPPORT SEEKS CHIEF EXECUTIVEORLANDO, Fla. - Signature Flight Suppo
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX * Annual Smoothed percent +18.448/19 106.38/22 106.18/
COST OF CREDIT
JOC Staff |
Thursday, Aug. 25, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
DOLLAR DOWN AGAINST MARK AS STOP-LOSS TRIGGERED
MICHAEL DuVALLY |
The U.S. dollar hit the day's low against the deutsche mark in midafternoon trading Thursday after t
PANAMA SPINS OFF CEMENT IN BIG PRIVATIZATION DEAL
Charles W. Thurston |
Panama's privatization program has taken a major step forward with the Aug. 19 sale of95 percent of
PRODUCER PRICE INDEX RISES IN ITALY
Knight-Ridder Financial |
Italy's producer price index rose 0.2 percent in June from May and climbed at an annual rate of 3.0
BARBADIAN POLITICIANS VOW TO AID BUSINESS
Canute James |
The private business sector in Barbados has been promised a less regulated environment and increased
Maritime
US INVESTORS SEEK STAKE IN CARIBBEAN AIRLINE
Canute James |
A group of U.S. investors is negotiating with Trinidad & Tobago Airways Corp. to purchase a stake in
LEADERS OF CORPORATE AMERICA JOURNEY TO CHINA, HONG KONG
Special to The Journal of Commerce |
Corporate executives accompanying the Secretary of Commerce on his visit to China and HongKong are:<
Maritime
IMPORT LEADS
JOC Staff |
SOLDERING AND WELDING EQUIPMENT Soldering and welding equipment. Contact: Dae Duck Electroni
Maritime
EMERY TO DEBUT SERVICE TO RUSSIAN FAR EAST
WILLIAM DiBENEDETTO |
Emery Worldwide and a local Russian-American-owned company this weekend will launch the first regula
JAPANESE MAKE PLEA AS BEEF IMPORTS GROW
Eiichiro Tokumoto |
Japan's beef industry is worried about growing imports and a huge supply glut caused by falling impo
Maritime
JAPANESE COMPUTER MAKER NEC SEEN BOWING TO RIVAL IBM
Yuko Inoue |
NEC Corp.'s announcement that it may start selling IBM-compatible computer servers in Japan is seen
Maritime
FEDEX CHIEF JOINS BROWN ON CHINA TRIP
Journal of Commerce Staff |
Frederick W. Smith, chairman and chief executive of Federal Express Corp., is accompanying Commerce
SAMSUNG HEAVY COMMITS $5 BILLION TO CAR PROJECT
Moon Ihlwan |
South Korean business giant Samsung has committed itself to spending $5 billion on a car-making proj
Maritime
ACL UNIT'S PROFIT PULLS BILSPEDITION OUT OF RED
Janet Porter |
A return to profit for Atlantic Container Line contributed to a further improvement in the financial
Maritime
EVERGREEN-CHINA DEAL SPARKS TAIWAN LINK RUMOR
Stephen Burstein |
Approval by the government's investment commission of a plan by Evergreen Marine Corp. to set up a c
Maritime
SUIT WOULD MAKE CALIF. CITIES RETURN $150 MILLION TO PORTS ATTORNEY DIDN'T CONSULT WITH INDUSTRY
Bill Mongelluzzo |
A class-action lawsuit was filed this week in state court seeking to force California cities to retu
Maritime
AUSTRALIA AND INDONESIA FORGE ALLIANCE ON SHIPBUILDING
P.T. Bangsberg |
Two of the smaller fry among Asian shipbuilders, Australia and Indonesia, intend to join forces for
Maritime
WEEKLY COAL EXPORTS WEEK OF AUG. 8-12, 1994
PIERS, New York |
Only table.
CIGNA POLICY RIDER PAYS EMPLOYEES WHO ARE VICTIMS OF VIOLENT CRIME
Associated Press |
Reading daily accounts of violent crime left Cigna employees Virginia Krug and Doretta Hanschka wond
INSURANCE BRIEFS
From Wire and Staff Reports |
CONTINENTAL UNITS FINED BY NY STATENEW YORK - Two Continental Corp. subsidiaries rec
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
ALUMINUM PRODUCTION DECREASES IN EUROPELONDON - European primary aluminum production
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Aug. 25, 1994 Quotations are based on prices reported in the market or obtained from s
INDIA'S OUTPUT OF ALUMINUM CLIMBS SLIGHTLY
Knight-Ridder Financial |
India's four aluminum companies produced 148,656 tons of metal in the first four months of fiscal 19
INSURANCE EARNINGS
From Wire and Staff Reports |
WILLIS CORROON GROUP SEES 1ST-HALF PROFIT FALLLONDON - The insurance broking group W
SPOT COMMODITIES
JOC Staff |
Aug. 25, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
ORDERS FOR COPPER TUBES EXPECTED TO RISE IN JAPAN
Knight-Ridder Financial |
Orders for copper tubes are expected to rise sharply in September due to hot summer demand for air c
PHILIPPINES SEEKS TO CLEAR AWAY OBSTACLES TO PETROCHEMICAL INDUSTRY
P.T. Bangsberg |
Fresh efforts are being made in the Philippines to create a petrochemical industry, a desire frustra
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