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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
KEROSENE PROVIDES LOOPHOLE FOR EVASION OF DIESEL FUEL TAX
Arthur Gottschalk |
Frigid temperatures over much of the country this winter have highlighted the role kerosene plays as
BOOMING SOUTHEAST ASIA EXPECTED TO FUEL DEMAND FOR COPPER PRODUCTS
Junko Oshima |
Copper consumption in Southeast Asia, led by Thailand, will grow in 1994, offsetting poor Japanese d
BALTIC FREIGHT INDEX
JOC Staff |
1220 (Jan. 26, 1994) Previous day - 1228 The Baltic International Freight Futures Market in
Maritime
ARABS URGED TO ATTRACT INVESTMENT BY CREATING REGIONAL STOCK MARKETS
Ahmed Al-Jabri |
Economic experts from Arab countries and the International Monetary Fund ended two days of talks Wed
MALAYSIA FIGHTS SPECULATORS FOR CONTROL OF ITS CURRENCY
Reuters |
Malaysia's central bank, reeling from foreign exchange losses, is waging war on speculators to maint
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Jan. 26, 1994 Prevailing sellers' posted prices at the close of business, represen
IMPROVEMENT IN AIRCRAFT MARKET MAY CURTAIL BOEING'S JOB CUTS
John Davies |
An improving aircraft market may mean fewer Boeing Co. job cuts than the 7,000 the company had plann
TRANSPORT BRIEFS
Wire and Staff Reports |
MEXICAN TRUCK MAKER SEES STOCK PLUMMETNEW YORK - Stock of Consorcio G Grupo Dina SA
DECISION DUE ON PRIVATE US TOLL ROAD TO MEXICO
Kevin G. Hall |
Supporters of a controversial private toll highway at the U.S.-Mexico border that would skirt this f
BIG THREE CARMAKERS PRESS JAPAN TO EMBRACE NUMERICAL TARGETS
Nobuko Hara |
The Big Three U.S. automakers want at least 100,000 of their vehicles sold in Japan annually for the
Maritime
TRADE BRIEFS
Wire and Staff Reports |
COMMISSION PROPOSES EU FARM PRICE CUTSBRUSSELS - The European Union Commission propo
Maritime
BONN SCRAPS LAW LIMITING RETAIL DISCOUNTS
Reuters |
Germany agreed Wednesday to scrap a 60-year-old law, known as the Rabattgesetz, that prevents shopke
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
FOREIGN CAR SALES EXPECTED TO SOAR IN JAPAN IN 1994
Mitsuo Suzuki |
Sales of foreign-made cars in Japan are likely to jump 30 percent this year as Detroit's Big Three h
Maritime
TRADE BRIEFS
Wire and Staff Reports |
CHINA RETAIL SALES HIT $238 BILLION LAST YEAROfficials said the volume of retail sales in Ch
Maritime
DOT ACTION ON UNITED DEAL RILES LUFTHANSA OFFICIALS
Mark B. Solomon |
The Department of Transportation's decision to approve only part of a code- sharing proposal between
CHINA WEIGHS NEW LIMITS ON OIL IMPORTS
Tan Ee Lyn |
China is considering new curbs on oil imports this year to protect sales of domestic crude oil and r
LNG DEMAND SPURS ASIAN PIPELINE EXPANSION
Michael Shari |
Demand for liquefied natural gas for power generation in Southeast Asia is leading to development of
FREIGHT RATE FUTURES
JOC Staff |
Jan. 26, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
NEGOTIATIONS RESUME AS ACTION DRAGS ON AT ARGENTINE PORT
Paula L. Green |
Officials at the Ministry of Labor were meeting with maritime industry officials late Wednesday in a
Maritime
GOVERNMENT DELAYS BIDS ON PRIVATIZATION OF BUENOS AIRES
Special to The Journal of Commerce |
The Argentine government has delayed the opening of bids for the privatization of the Port of Buenos
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
MO. OFFICIALS QUESTION DELAYED REPORT OF LEAKST. LOUIS - The Missouri Department of
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
LEGISLATORS FIND FAULT WITH NO-FAULT IN MASS.BOSTON - The Massachusetts Senate voted
MEBA CHIEF'S RETIREMENT COMES AS UNION FACES TESTS JOB CUTS, LAWSUITS POSE HURDLES
Tim Shorrock |
Gordon M. Ward will retire from his posts at District 1/Marine Engineers Beneficial Association this
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
AIR CANADA DROPS SUIT AGAINST PWA CORP.MONTREAL - Air Canada announced Wednesday tha
ENERGY BRIEFS
Wire and Staff Reports |
CHEVRON SEEKS EXTENSION OF CALIF. TANKER PERMITSANTA BARBARA, Calif._ Chevron Oil Co
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Jan. 26, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
TEXACO ADDITIVES UNIT EXCLUDED FROM DEALHOUSTON - A group led by Huntsman Financial
SPOT COMMODITIES
JOC Staff |
Jan. 26, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
LAWSUIT SEEKS REVIEW OF SUBSIDIZED-TANKER USE
Tim Sansbury |
Overseas Shipholding Group, of New York, has sued the U.S. government in federal district court here
Maritime
TUG CONCERNS AGREE: KEEP GOVERNMENT OUT OF CALIF. DEBATE
Brian Johns |
A roiling debate about satisfying a proposed tanker requirement in California may be little other th
Maritime
LEGISLATIVE PANEL TOLD CONN. COMP FUND ABUSED
Associated Press |
A state fund that provides high-risk workers compensation insurance is being exploited and is in nee
US-BOUND OIL TANKERS FACE 26 PERCENT P&I SURCHARGE
Margo D. Beller |
Tanker owners shipping oil to U.S. ports will be hit with a 26 percent surcharge by protection and i
CLINTON MAY SEEK FAST-TRACK RENEWAL MOVE LIKELY TO SPUR BATTLE IN CONGRESS
John Maggs |
The Clinton administration has begun gauging congressional support for renewing its special trade-ne
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
5 AIRLINES IN CARIBBEAN TO MERGE OPERATIONS
Canute James |
Five state-owned and financially troubled Caribbean airlines plan to merge their operations under a
COST OF CREDIT
JOC Staff |
Wednesday, Jan. 26, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
WHITE HOUSE OFFERS PLAN TO CURB PESTICIDE EXPORTS
Reuters |
The Clinton administration Wednesday offered a new plan to curb exports of dangerous pesticides and
TEXAS PORT GEARS UP FOR MEXICAN GROWTH
Kevin G. Hall |
Sensing traffic gains in the non-containerized trades, the closest deep-water port to the Mexican bo
Maritime
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