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COST OF CREDIT
JOC Staff |
Wednesday, March 2, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
88-STORY SKYSCRAPER TO ANCHOR URBAN RENAISSANCE IN BEIJING
Reuters |
City planners on Wednesday mapped out an ambitious two-decade urban renewal and modernization scheme
GAS PRICES FORECAST FIRM THROUGH YEAR-END
Knight-Ridder Financial |
Natural gas prices are likely to continue to be firm in 1994 because of storage-refill needs and a g
VIETNAM GIVES GROUND IN JAPANESE OIL TALKS
Henry Cutter |
Vietnam has moved closer to the position of Japanese oil firms in negotiations over term contract pr
45 PERCENT OF COLOMBIAN LINE PLACED ON THE MARKET
Craig Dunlap |
The president of Flota Mercante Grancolombiana SA said this week that about 45 percent of the Colomb
Maritime
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
FORD PLANS TO USE ALL-PALLADIUM CATALYSTNEW YORK - Ford Motor Co. said Wednesday it
TRADE BRIEFS
Wire and Staff Reports |
ITALIAN GROUP TO BUY E. GERMAN STEEL FIRMHAMBURG, Germany - Italy's RIVA group will
Maritime
RETURN TO ALUMINUM BULL MARKET STILL 4 YEARS AWAY, REPORT SAYS
Knight-Ridder Financial |
A repeat of late 1980s bull markets in aluminum will not occur for another four years, after surplus
EU SHIFTS FOCUS TO NORWAY AS 3 NATIONS AGREE TO JOIN
Bruce Barnard |
The European Union is aiming to settle membership terms for Norway next week following agreements wi
Maritime
DEJA VU ALL OVER AGAIN: FRENCH FISH ROW EVOKES PAST BATTLES
Tara Patel |
France's curbing of fresh-fish imports from the United States is the latest in a series of recent ta
OFFICIALS DOWNPLAY SPECULATION OF SLOVAKIAN DEVALUATION
Michele Kayal |
Slovak officials are struggling to put down speculation of an imminent currency devaluation.
MARITIME BRIEFS
From Wire and Staff Reports |
SHANGHAI STARTS UP BOX ROUTE TO S. KOREASHANGHAI, China - Port officials said Wednes
Maritime
HEARING SET FOR TODAY TO DECIDE UP LABOR ROW
Lawrence H Kaufman |
The United Transportation Union and Union Pacific Railroad will square off this morning in a federal
RUSSIA TO CUT GAS SUPPLIES TO UKRAINE OVER BAD DEBT
Knight-Ridder Financial |
Russia's state natural gas producer Gazprom has decided to cut gas supplies to Ukraine on March 3, a
LOW PRICES SEEN CONTINUING FOR TRUCK-CARGO COVERAGE
Journal of Commerce Staff |
Truck cargo-insurance prices have been depressed for five years, said Tina Stephens, anunderwriting
ENERGY BRIEFS
From Wire and Staff Reports |
SAUDI ARABIA INCREASES CRUDE PRICES TO EUROPELONDON - Saudi Arabia's state oil compa
VIETNAM WILL RAISE MINIMUM ON INCOME SUBJECT TO TAXATION
Knight-Ridder Financial |
An official newspaper has reported Vietnam is to overhaul some areas of its tax code to increase the
LATIN AMERICANS URGED TO CONTINUE TELECOM UPGRADE
Craig Dunlap |
The public and private sectors in Latin America have made great strides in improving their telecommu
Maritime
2 SEAMEN RESCUED FROM SALT SHIP
Journal of Commerce Staff |
Two Korean seamen who were trapped in a "landslide of salt" in the deep, steep hold of a ship last w
Maritime
CHINA MAY GET US EXPORT CREDITS LATE IN '94, AIDE SAYS
Doug Palmer |
An export credit program to help China buy U.S. farm goods still could be announced by late this sum
TRADING WITH NETHERLANDS PHONE FIRMS REACH OUT AND TOUCH IN NETHERLANDS
Kenneth Wolf |
The Dutch are becoming the European experts at dialing for dollars. Several major corporatio
Maritime
OHIO COURT SAYS STATE HOLDS RAIL CROSSING JURISDICTION
Associated Press |
The Ohio Supreme Court ruled Wednesday that cities must get state approval before passing laws requi
SAIA MOTOR'S TRUCKS START UP SERVICE BETWEEN FOUR TEXAS CITIES
Rip Watson |
Saia Motor Freight Line has launched intrastate trucking service between four metropolitan areas in
OPIC TO BACK THREE DEALS, VENTURE FUND IN SOUTH AFRICA
Associated Press |
The U.S. Overseas Private Investment Corp. announced its support for three private business investme
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1115 (Mar. 2, 1994) Previous day - 1115 The Baltic International Freight Futures Market in L
Maritime
SEATTLE MAN TO LEAD PACIFIC COUNCIL
Journal of Commerce Staff |
Gerald P. Murphy, vice president of Onan Shipping Ltd. and Meston & Brings Inc. of Seattle, has been
CARRIER TARIFFS IN JEOPARDY
JOC Staff |
A total of 228 non-vessel-operating common carriers and lines in the Asian, Australasian and round-t
ENERGY BRIEFS
From Wire and Staff Reports |
RUSSIAN FIRM MAY JOIN GERMAN REFINERY PROJECTHAMBURG, Germany - A decision on how to
US FISHERIES OPTIMISTIC ON TALKS TO END FRENCH DISPUTE
Journal of Commerce Staff |
Government aides and U.S. fisheries representatives continued to hold out hope that the fish dispute
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Mar. 2, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
SPOT PRODUCT PRICES
JOC Staff |
Mar. 2, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
OIL SPILLS AT STONE CONTAINER SOME REACHES CONNECTICUT RIVER
Associated Press |
Between 1,000 and 2,000 gallons of oil spilled at Stone Container Corp. when a heating oil tank over
Maritime
FORD CLOSE TO FINALIZING ITS THIRD CHINA VENTURE
Brian Johns |
Ford Motor Co. is on the threshold of signing another joint venture agreement in China, this time in
Maritime
CALIF. CANDIDATE PLEDGES TO PRESERVE FRAUD UNITS
Associated Press |
A candidate for state insurance commissioner says he will introduce legislation to prevent the plann
INDIA TO SPEND $1 BILLION TO BOOST PORT CAPACITY
N. Vasuki Rao |
The government plans to expand port facilities in fiscal 1994-95 beginning next month, especially to
Maritime
TAIWAN FIRMS WARNED OF RISKS IN CHINA INVESTMENTS
Dennis Engbarth |
Government agencies are warning local business people of economic and political pitfalls in their ru
Maritime
JAPAN SEMICONDUCTOR IMPORTS SURGE AS QUARTER ENDS AND US WATCHES
John Maggs |
Japanese electronics companies went on a fourth-quarter importing binge that could well push up the
Maritime
2 LABOR UNIONS LOSE BID TO REPRESENT FLA. RAILWAY
Journal of Commerce Staff |
Employees at the Florida East Coast Railway have dealt an organizing campaign by two large labor uni
TRANSPORT BRIEFS
From Wire and Staff Reports |
BRIDGE EXPLOSION CUTS ARMENIAN RAIL LINKTBILISI, Georgia - An explosion on a railroa
TRANSPORT CALENDAR
JOC Staff |
Transportation Research Forum. March 3. New York chapter. Giovanni's Atrium, New York. Lance R. Gren
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