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FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
QUOTA WATCH
American Association of Exporters and Importers Textile Quota |
TEXTILE QUOTAS TO WATCH AS OF AUG. 19, 1994* Country Category Description
Maritime
LAC MINERAL AD URGES REJECTION OF HOSTILE BIDS
Knight-Ridder Newspapers |
Lac Minerals took out full-page newspaper advertisements Monday urging shareholders to reject hostil
CARGO CONSOLIDATOR OPENS HUB IN DUBAI
Journal of Commerce Staff |
Buyers Group, a cargo consolidating company affiliated with Sea-Land Service Inc., has opened a hub
Maritime
GROUP SEES LOSS OF 10,000 JOBS IF ALASKAN OIL BAN IS REPEALED
Tim Shorrock |
Ten thousand U.S. shipyard and seagoing jobs would be lost if Congress repeals a 20-year ban on expo
Maritime
DRIVERS FACE DETOURS AT NEW ORLEANS PORT
Journal of Commerce Staff |
Truckers driving to and from the busy uptown wharves of the Port of New Orleans face detours on seve
Maritime
CRUISE SHIP REGAL EMPRESS STILL DOCKED AFTER FIRE
Alice Cantwell |
The cruise ship Regal Empress remained docked Monday in New York harbor while the city's fire marsha
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
FOR MEXICO, LESS RED TAPE EQUALS MORE FOREIGN INVESTMENT
Kevin G. Hall |
Foreign investment for the first seven months of 1994 is up sharply in Mexico, fueled by what govern
TRADE BRIEFS
Wire and Staff Reports |
OTIS ELEVATOR FORMS 2ND VIETNAM VENTUREOtis Elevator Co., the world's largest maker of eleva
Maritime
NEW ZEALAND MEAT INDUSTRY CONFRONTS HARD TIMES
James Gray |
New Zealand still has 15 times as many sheep as humans but a decade of sharply falling stock numbers
INSURANCE BRIEFS
Wire and Staff Reports |
MOODY'S REVIEWS RATINGS OF CONTINENTAL UNITSNEW YORK - Moody's Investors Service has
ENERGY BRIEFS
Wire and Staff Reports |
HYDROELECTRIC PLANTS PASS MARK ON MISSOURIOMAHA, Neb. - The Missouri River's six mai
COST OF CREDIT
JOC Staff |
Monday, Aug. 22, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
ENERGY BRIEFS
Wire and Staff Reports |
KENETECH SETTLES DISPUTE WITH UTILITYNEW YORK - Kenetech Corp. and Pacific Gas and E
END OF CONTROLS MAY BOOST BANK NEGARA'S GLOBAL IMAGE
Valerie Lee |
Bank Negara's recent dismantling of 8-month-old capital controls that soured investor sentiment in M
RUSSIA, GERMANY MOVE TO HALT TRANSPORT OF NUCLEAR MATERIAL
Knight-Ridder Financial |
Russia and Germany have agreed on bilateral measures to prevent the illegal transportation of hazard
APEC LIKELY TO TAKE STEPS TO LIBERALIZE TRADE LINKS
John Owen-Davies |
Proposals for liberalizing trade and investment have been made to members of a regional economic gro
RUSSIAN BANK CUTS ITS REFINANCING RATE
JOC Staff |
Russia's central bank said Monday it was cutting its three-month refinancing rate, to 130 percent fr
DOLLAR SLIDES AS NEGATIVE SENTIMENT FUELS SALES
MICHAEL DuVALLY |
The U.S. dollar moved lower again vs. major currencies, especially the deutsche mark, in a quiet sel
NEC PLANS GIANT PLANT TO MEET CHIP DEMAND
Yuko Inoue |
Strong global personal computer sales and prospects of surging demand for semiconductors have led Ja
Maritime
QUOTE TO NOTE ON RUSSIA'S DEBT:
_ Oleg Davydov Russian Foreign Trade Minister Speaking in an |
"Bulgaria and Poland have had 50 percent of their debts written off. Why is this not being done in r
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
FIGHT EVOLVES OVER RIGHTS TO TORPEDOED LUSITANIA
Associated Press |
An unexpected battle for ownership rights to the sunken passenger ship Lusitania, which was torpedoe
Maritime
CHINA SEEKS TO END FALSE STATISTICAL REPORTING
Charlene L. Fu |
The Communist Party has acknowledged that false reporting of economic statistics was widespread and,
Maritime
VIETNAM OFFICIALS' PROMOTIONS RIDE ON LEARNING A LANGUAGE
Reuters |
Vietnamese government officials will have to speak at least one foreign language, preferably English
Maritime
US-JAPAN INSURANCE AGREEMENT REPORTED NEAR AS TALKS RESUME
Associated Press |
Japan and the United States are likely to settle a lengthy dispute over the opening of Japan's insur
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
THAI EXPORTS OF MAIZE PLUNGED 40 PERCENT IN JULYBANGKOK, Thailand - Thai maize expor
WORLD COAL EXPORTS DROP AS EU IMPORTS FALL SHARPLY
John Zarocostas |
After a decade of growth, world coal exports in 1993 fell by 2 percent to 426 million metric tons, c
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX * Annual Smoothed percent +18.038/16 105.88/17 106.08/
JAPAN TELECOM SHARES LIKELY TO GO TO INDIVIDUALS
Reuters |
Individuals are likely to dominate Thursday's auction for shares in Japan Telecom after the long-dis
IVORY COAST DROUGHT EASES
Knight-Ridder Financial |
Rainfall totaling 46 millimeters (1.84 inches) fell on the Ivorian cocoa belt over the weekend, acco
RULING PARTY CANDIDATE NOTCHES VICTORY IN MEXICO
Kevin G. Hall |
Ruling party candidate Ernesto Zedillo Ponce de Leon was declared victor Monday in historic Mexican
UNION ASKS SOO ENGINEERS TO CROSS PICKET LINES JURISDICTIONAL RIFT MAY STIFLE WALKOUT
Rip Watson |
A 40-day strike by the United Transportation Union against Soo Line Railroad Co. took a dramatic tur
CHINA INVOKES NEW SAFETY RULES ON FOREIGN FIRMS IN WAKE OF FIRES
P.T. Bangsberg |
Foreign-funded companies in China will be held solely responsible for fire safety under a directive
Maritime
INDIA'S GARMENT EXPORTERS JOIN PUSH TO ALLOW EXPANDED IMPORTS OF FABRIC
N. Vasuki Rao |
Garment exporters are backing overseas buyers in pressing the government toallow imports of
Maritime
TRADE BRIEFS
Wire and Staff Reports |
JAPAN TO VETO MEASURE OF MARKET OPENINGTOKYO - Japan will reject a U.S. request that
Maritime
DROUGHT LEADS JAPAN'S ASAHI TO HALT ETHYLENE PRODUCTION
Associated Press |
Tight water rationing due to the long dry spell has forced a major Japanese petrochemical maker to h
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending Aug. 19, 1994.
Maritime
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
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