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REPORT: S. CALIF. IN RETREAT IN DEFENSE CONVERSION BATTLE
Brian Johns |
Defense contractors in Southern California are unable to move into the more rough-and-tumble commerc
Maritime
TRANSPORT BRIEFS
From Wire and Staff Reports |
STRONG '93 MARKET BOOSTS NAVISTAR RESULTSStrong demand for trucks and engines drove Navistar
LATE PAYMENTS TO EUROPE BUSINESS WORSENED IN 1993, STUDY FINDS
Associated Press |
The problems of late payments to companies worsened in 1993, according to 65 percent of companies su
Maritime
HONG KONG EXPORTS FALL, RE-EXPORTS SURGE 19 PERCENT
P.T. Bangsberg |
Re-exports continued to set the pace of Hong Kong's trade last year, as they have for several years,
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
TRADE BRIEFS
Wire and Staff Reports |
COLOMBIA'S GAVIRIA SEEKS TO LEAD OASBOGOTA, Colombia - Colombian President Cesar Gav
Maritime
ARBITRATORS: FORMER HAUSER CHEMISTS BROUGHT TRADE SECRETS TO OTHER FIRM
Jim Sheeler |
Former chemists at Hauser Chemical Research Inc. apparently used secret technology from Hauser to fu
GDP GREW 21 PERCENT IN '93 IN CHINA'S GUANGDONG
Journal of Commerce Staff |
Officials in southern Guangdong said the province's gross domestic product last year amounted to 315
Maritime
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
ESTIMATES CONFIRM DROP IN WORLD GRAIN OUTPUTLONDON - Latest estimates confirm a shar
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Wednesday at 227.09 off 0.13 which compare
SPOT COMMODITIES
JOC Staff |
Feb. 17, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
RUSSIA'S '94 GRAIN NEEDS PUT AT 125 MILLION TONS
Knight-Ridder Financial |
Russia will need a total of 113.9 million metric tons (125.29 million short tons) of grain in 1994,
THE ECONOMY
Bureau of Labor Statistics; Knight-Ridder Tribune |
CONSUMER PRICES Change (adjusted) Dec. Jan.Food +0.5% -0.1%Hou
COST OF CREDIT
JOC Staff |
Thursday, Feb. 17, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
IMF DIRECTOR CONSIDERS TRIP TO MOSCOW TO PUSH REFORMS
Reuters |
Michel Camdessus, International Monetary Fund managing director, may visit Moscow early next week in
WORLD BANK FUNDS BANGKOK HOSPITAL
Knight-Ridder Financial |
A World Bank unit has approved financing of $62.24 million to build and operate a 530-bed general se
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
DOLLAR RISES ON SURPRISE RATE CUT BY BUNDESBANK
Alan Zimmerman |
The U.S. dollar pushed broadly higher Thursday after the Bundesbank surprised the market by lowering
CANADA UNLIKELY TO YIELD TO US ON LUMBER DISPUTE PANEL
John Maggs |
Despite intense U.S. pressure, Canada is expected to refuse today to replace either of two panelists
SOUTH KOREAN OIL COMPANIES MAY LOWER NAPHTHA PRICE
Jean Yoon |
South Korea's five oil companies are considering lowering the domestic naphtha price by linking it t
US TRADE AGENCY SPURS LATIN EXPORT PROMOTION
Charles W. Thurston |
The U.S. Trade Development Agency is accelerating its trade promotion push in Latin America with a m
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Feb. 17, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
VENEZUELA PLANS TO REOPEN FAILED BANK, MINISTER SAYS
Katherine Hutt |
The government intends to pare down and reopen the country's second-largest bank, which collapsed la
JAPANESE PLATINUM TRADERS SHRUG OFF S. AFRICA SITUATION
Cary O'reilly |
The possible turmoil associated with upcoming multiracial elections in South Africa left buyers and
FMC MEMBER SEES SIGNS OF RESOLUTION IN TAA FIGHT
Janet Porter |
In one of the first concrete indications of how the dispute between the Trans- Atlantic Agreement an
INDIA GETS $282 MILLION FOR SOCIAL, HEALTH PROJECTS
Associated Press |
New help is on the way to blind people, urban poor and lepers in India. The World Bank has a
JAPANESE HINT AT COMPROMISE AS GATT RIPS US
Mark Magnier |
Japan on Thursday signaled that it may be willing to budge first in the standoff over market access
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
AUSTRALIAN WOOL AUCTIONS FACE DELAY
Knight-Ridder Financial |
The Australian wool industry will consider suspending auction sales next week if there is no resolut
UZBEKISTAN MAKES MOVES TOWARD OPEN ECONOMY
Knight-Ridder Financial |
Uzbekistan has taken unprecedented steps toward increasing foreign investment, relaxing trade restri
JOURNAL OF COMMERCE - FAST FACTS BUNKER FUEL PRICES
Navios Hedging, Stamford, Conn. |
380 CST bunker fuel, purchased at Rotterdam, Netherlands. In dollars per metric ton (1 metri
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Feb. 17, 1994 Quotations are based on prices reported in the market or obtained from s
SPOT PRODUCT PRICES
JOC Staff |
Feb. 17, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f
ECONOMISTS URGE MEXICO TO DO MORE TO DRAW DIRECT FOREIGN INVESTMENT
Kevin G. Hall |
Mexico saw record high foreign investment in 1993, but financial experts warn that the country must
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent -0.052/11 95.82/14 95.42/15
TRADE BRIEFS
Wire and Staff Reports |
JAPAN CONSIDERS CURBS ON TEXTILE IMPORTSTOKYO - Japan may restrict imports of textil
Maritime
OIL EXCHANGE IN MOSCOW PLOTS FUTURES-BASED PATH
Knight-Ridder Financial |
Moscow's Oil Exchange has drawn up a strategy for the Russian oil market in the immediate future, ba
KERR-MCGEE ENTERS VIETNAM OIL VENTURE
Knight-Ridder Financial |
In the wake of the recent lifting of the U.S. embargo on Vietnam, Kerr-McGee Corp. on Wednesday said
ENERGY BRIEFS
From Wire and Staff Reports |
GM PROBES RUPTURES OF NATURAL GAS TANKSDETROIT - General Motors Corp. said Wednesday
REPUBLICANS MAY USE GATT TO EMBARRASS CLINTON ON BUDGET
John Maggs |
There is a growing fear among senior budget and trade officials that a new world trade agreement cou
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