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JAPANESE EXPECTED TO INCREASE COPPER IMPORTS FROM PHILIPPINES
Cary O'reilly |
Japan is expected to import more copper from the Philippines in fiscal 1994-95 (April-March), under
PWA CUT ITS LOSS IN 4TH QUARTER BUT SEES DIFFICULT TIMES COMING
Leo Ryan |
PWA Corp. substantially reduced its loss in the fourth quarter of 1993 and for the year as a whole,
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
SOME PRODUCERS DISPUTE COST BENEFITS OF NAFTA
Kevin G. Hall |
The North American Free Trade Agreement was supposed to make it less costly for U.S., Canadian and M
CHINA 1993 GDP CLIMBS 13.4 PERCENT
Knight-Ridder Financial |
China's gross domestic product grew 13.4 percent in calendar 1993, the highest annual growth since 1
AFL-CIO OPPOSES PROPOSAL TO CUT FUNDING FOR ACADEMY
Journal of Commerce Staff |
The AFL-CIO executive council said it opposes a Clinton administration proposal to reduce federal fu
Maritime
PACIFIC COAST COUNCIL ELECTS OFFICERS
Journal of Commerce Staff |
Gerald P. Murphy was elected president of the Pacific Coast Council of Customs Brokers & Freight For
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
PENTAGON TO HELP FUND REFORM, CSX CHIEF SAYS
Stephanie Nall |
John Snow, chairman of CSX Corp., said Monday the Defense Department will provide direct funding for
Maritime
COMPAQ WILL EXPAND ITS PRESENCE IN CHINA
P.T. Bangsberg |
Compaq Computer Corp. is forecasting a sales increase of between 60 percent and 70 percent in China
Maritime
TRADE BRIEFS
Wire and Staff Reports |
CLINTON SEEKS BAN ON US WASTE EXPORTSWASHINGTON - The Clinton administration wants t
Maritime
ARGENTINE DOCKERS SAY NO TO AGREEMENT
Paula L. Green |
Maritime and union officials were still trying this week to reach a final accord in a 4-month-old la
Maritime
CALIF. OFFICIAL TO TAKE TEMPORARY TRADE JOB
Journal of Commerce Staff |
Irene Fisher, director of the California Export Finance Office, is heading to Washington for a one-y
Maritime
FRANCE, FINLAND FAIL TO RESOLVE DISPUTE OVER PAPER, WOOD
Tara Patel |
France and Finland failed to resolve a lingering dispute over Finnish wood and paper exports to the
Maritime
STUDY: VERSATILE BULKERS AT HIGHER RISK OF DAMAGE
Journal of Commerce Staff |
Ships that can carry either dry-bulk cargoes or oil are far more accident prone than vessels that on
Maritime
MONTREAL LABOR TALKS TO RESUME NEXT WEEK
Journal of Commerce Staff |
Formal negotiations will resume March 7 in Montreal between the Maritime Employers Association (MEA)
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
COURT WON'T REVIEW NEGLIGENCE RULINGWASHINGTON - The Supreme Court Monday refused to
Maritime
VESSEL-SHARING AGREEMENT TO EXPAND MIDEAST SERVICE
Peter M. Tirschwell |
The vessel-sharing agreement involving Sea-Land Service Inc., P&O Containers and Maersk Inc. in the
Maritime
NY SOCIETY ELECTS ITS 68TH PRESIDENT
Journal of Commerce Staff |
Capt. Frank Shellenbarger was elected the 68th president of the Marine Society of the City of New Yo
Maritime
JOURNAL OF COMMERCE - FAST FACTS US MACHINE TOOL ORDERS
Association for Manufacturing Technology, McLean, Va. |
January In millions of dollars1993 1994Net New Orders 175.6 356.1Sh
CHINA'S UNION DRIVE WILL HELP FOREIGN VENTURES, EXPERT SAYS
P.T. Bangsberg |
A new drive by China to foster the spread of unions in foreign-funded companies is causing alarm, ma
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent)is as f
Maritime
CORRECTION
JOC Staff |
Several stories that appeared in February about the crane accident at Port Newark-Elizabeth that inj
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
'K' LINE TO EXPAND SHANGHAI SERVICESHANGHAI, China - Kawasaki Kisen Kaisha Ltd. ("K"
Maritime
A PLAN IN PLACE, PORT OFFICIALS WENT TO RESCUE
Alice Cantwell |
The nightmare unfolded quickly. A 12-story-tall containership broke from its moorings on Feb
TAA DUE TO RESPOND TO EU ANTITRUST CHARGES
Bruce Barnard |
Leading shipping lines are expected to formally defend themselves this week against allegations by t
Maritime
INSURANCE EARNINGS
Wire and Staff Reports |
AIG NET INCREASED FOR QUARTER, YEARNEW YORK - Fourth-quarter net income at American
SUN TO BUY CHEVRON REFINERY IN PA. FOR ABOUT $170 MILLION
Julia C. Martinez |
Sun Co. said it plans to buy Chevron Corp.'s South Philadelphia refinery for about $170 million.
LUKOIL ACTION PARES EXPORTERS OF CRUDE OIL IN RUSSIA TO 11
Grigori Gerenstein |
The Russian Foreign Economic Relations Ministry has reduced the number of Russian companies licensed
KENTUCKY CENTRAL LIFE'S RECORDS OPENED TO STOCKHOLDERS, BOARD
Jim Jordan |
Kentucky Central stockholders and directors got half a loaf Wednesday from Franklin Circuit Judge Wi
RUSSIAN PIPELINE COMPANY CUTS CRUDE INTAKE FROM PRODUCERS
Grigori Gerenstein |
Transneft, the Russian state pipeline company, is taking reduced amounts of crude from producers bec
MARYLAND'S SENATE APPROVES MENTAL HEALTH PARITY COMPROMISE
Associated Press |
Without debate, the Maryland Senate approved a bill this week that is aimed at ending a court disput
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Feb. 25, 1994 Quotations are based on prices reported in the market or obtained from s
CATHAY LIFE OF TAIWAN RECORDS LEAP IN PROFITS
James Peng |
Taiwan's biggest life insurer, Cathay Life Insurance Co., stunned securities analysts Friday by repo
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
OLIN CORP. LOSES BID TO BLOCK SALE OF UNITSTAMFORD, Conn. - Olin Corp. said it has l
SPOT COMMODITIES
JOC Staff |
Feb. 25, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
AIDS DRUG FALTERS, MERCK SAYS
Knight-Ridder Financial |
A two-year effort by Merck & Co. to develop a new, powerful drug for AIDS has been dealt a serious s
ASIAN SHORTAGE MAY SLOW TAIWAN'S COPPER IMPORTS
Knight-Ridder Financial |
Taiwan may have difficulty importing as much copper this year as it did in 1993 due to a growing sho
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