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SWISS PRICES FELL 0.6 PERCENT IN MAY
Knight-Ridder Financial |
Switzerland's consumer prices fell by 0.6 percent in May from April, but rose by 0.4 percent year on
12 RAILROADS WIN AWARDS FOR SAFETY
Associated Press |
Norfolk Southern Corp. and Illinois Central Railroad were repeat winners of the rail industry's top
EU UNIFICATION SLASHED DANZAS REVENUE IN '93
John Zarocostas |
The loss of customs broking business following the completion of the European Union's single market
IMPASSE IN AVIATION TALKS WITH UK FRUSTRATES PENA
Reuters |
Transportation Secretary Federico Pena said Friday he was disappointed at the lack of progress made
BROKER, AFTER YEARS OF SCALING BACK, PLANS TO REBUILD US OPERATIONS
Janet Porter |
Simpson, Spence & Young, one of the world's largest shipbroking firms, is planning to gradually expa
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
CHINA REWRITING RULES ON GOLD, SILVER TRADING
Knight-Ridder Financial |
China's central bank has begun revising existing laws governing gold and silver as a first step to s
GERMAN METALS FIRM TO SLASH TIN, ZINC OUTPUT IN REVAMP
Knight-Ridder Financial |
Germany's Metallgesellschaft AG Friday announced it will drastically restructure its refined metals
ENERGY BRIEFS
Wire and Staff Reports |
CHEVRON CONFIRMS TALKS ON TRANS-CASPIAN DEALA spokesman for Chevron Corp. said negotiations
PAKISTANI CHILDREN PROTEST CHILD LABOR
Reuters |
Several hundred children marched through the streets of Karachi Friday to demand the government halt
SEDGWICK BROKER R. JANE HILL TO BE HONORED IN NEW YORK
Journal of Commerce Staff |
R. Jane Hill, senior vice president with insurance broker Sedgwick James Inc., will be honored as 19
INSURANCE BRIEFS
Wire and Staff Reports |
INSURANCE ACCORD LIKELY, JAPANESE OFFICIAL SAYSTOKYO - Japanese Finance Minister Hir
SENATE PANEL SUPPORTS LIMIT ON MALPRACTICE LEGAL FEES
Reuters |
A Senate panel backed limiting contingency fees for lawyers in malpractice cases, although they left
TRADE BRIEFS
Wire and Staff Reports |
VIETNAM PLANS TO CUT DOMESTIC USE OF DOLLARHANOI, Vietnam - Vietnam Deputy Prime Minister Ph
Maritime
DAIMLER CHIEF BLASTS CLINTON OVER ROLE IN JET SALES
Keith M. Rockwell |
The chairman of the largest industrial concern in Western Europe levied a scathing attack at Preside
COST OF CREDIT
JOC Staff |
Thursday, May 26, 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
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
HULL PREMIUM RISES ARE MODERATING, LLOYD'S OFFICIAL SAYS
Leo Ryan |
Shipowners who have been hit by sharp premium increases in the past few years are getting a break in
HOUSE PANEL OKS LEGISLATION TO PAY FOR SUBSIDY PACKAGE BILL WOULD IMPOSE VESSEL-TONNAGE FEES
Stephanie Nall |
The House Merchant Marine and Fisheries Committee Thursday unanimously agreed to a bill that would p
Maritime
AIR INDIA TO LINK WITH US CARRIERS TO BOOST CARGO
N. Vasuki Rao |
Air India will boost freighter capacity out of the country to 160 metric tons a week starting next m
Air Cargo Carriers News
TEAMSTERS NEAR DECISION ON FATE OF CONFERENCES
Rip Watson |
A furious, two-day battle between warring Teamsters union factions that have been trading verbal hay
TRANSPORT BRIEFS
Wire and Staff Reports |
ICC OVERTURNS TARIFF FOR HOUSEHOLD GOODSWASHINGTON - The Interstate Commerce Commiss
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 26, 1994 Quotations are based on prices reported in the market or obtained from su
CHINA'S CHEMICAL TRADE ROSE 8.7 PERCENT IN 1ST QUARTER
Journal of Commerce Staff |
The China Chemical Industry Information Center said trade in chemical products topped $6.9 billion i
SPOT PREMIUMS DECLINE FOR S. KOREA-BOUND COPPER
Knight-Ridder Financial |
Spot premiums paid for deliveries of copper to Pusan, South Korea, on a cost, insurance, and freight
AMERICAN RE-INSURANCE SEWS UP $500 MILLION RUSSSIAN AGREEMENT
Geoff Winestock |
In a sign of growing interest in property insurance by Russian industrial firms, Russia's biggest tr
CANADIANS, MEXICANS RESIST SPEEDING UP TARIFF REDUCTIONS
Kevin G. Hall |
Mexican and Canadian officials are beginning to doubt the wisdom of starting negotiations to speed u
WESTERN GERMAN CONSUMER PRICES UP
Knight-Ridder Financial |
Western Germany's consumer price index was up 0.2 percent in May from April and was 2.9 percent high
AUSTRALIA TO EASE IMMIGRATION FOR SKILLED BUSINESS PEOPLE
Gordon Platt |
The Australian government is seeking to entice more skilled business people, including Americans, to
Maritime
LIANG KUO-SHU IS NAMED AS TAIWAN'S CENTRAL BANKER
JOC Staff |
A seasoned commercial banker and member of the kitchen cabinet of President Lee Teng-hui was named t
Maritime
NY RULING FAVORS INSURERS IN POLLUTION CASE
Margo D. Beller |
The Insurance Environmental Litigation Association praised a decision by New York's highest state co
CHIEF EXECUTIVE OF LIBERTY MUTUAL NAMED CHAIRMAN OF INSURERS ALLIANCE
Journal of Commerce Staff |
The Alliance of American Insurers named Gary L. Countryman, chairman of the board and chief executiv
9 COLOMBIAN STOWAWAYS SET TO BE RETURNED
Journal of Commerce Staff |
Nine stowaways from Colombia were to be flown back to that country from New Orleans Thursday, accord
MARITIME BRIEFS
Wire and Staff Reports |
MED SHIPPING TO JOIN RATE-SETTING GROUPNEW YORK - Mediterranean Shipping Co., which
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
REPORT: BOEING NEARS $5 BILLION CHINESE DEALNEW YORK - Boeing Co. is within weeks of
HIGHWAY PLAN WINS BACKING OF US HOUSE IN 412-12 VOTE
Journal of Commerce Staff |
The House has overwhelmingly approved the Department of Transportation's map for a National Highway
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
TRADERS PREDICT NARROWING IN GLOBAL COCOA DEFICIT
Mark Thompson |
Estimates for higher West African cocoa production contributed to a forecast for a smaller worldwide
FREIGHT RATE FUTURES
JOC Staff |
May 26, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
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