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DOLLAR GAINS ON POSITIVE TRADE TALK DEVELOPMENTS
Alan Zimmerman |
The U.S. dollar rose Tuesday against most currencies on expectations that the General Agreement on T
S&P DROPS CAPITAL RE TO "A' FROM "A+'
Journal of Commerce Staff |
Standard & Poor's has revised its outlook on Capital Re Corp. and lowered its rating on the company'
STUDY CRITICIZING CONFERENCES WILL BE EXPANDED, AUTHOR SAYS
Peter M. Tirschwell |
A controversial Agriculture Department study that has been cited as a looming threat to ocean shippi
Maritime
CSX TRANSPORTATION DROPS REEFER DETENTION CHARGE
Journal of Commerce Staff |
Perishable food customers of CSX Transportation Inc. no longer will be billed for detention charges
PEOPLE - TRANSPORT
From Wire and Staff Reports |
AMERICAN TRUCKING ASSOCIATIONS FOUNDATION (Washington) - Michael P. Jackson was named vice president
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent -5.0112/8 93.412/9 93.4 12/10 9
VAN DER HORST'S PHILIPPINE POWER DEALS SPARK GROWTH
Lee Yoke Har |
Power installation company Van Der Horst Ltd. is rapidly becoming one of Singapore's hottest stocks
FLA. PORTS SEEK BOOST IN LATIN AMERICA TRADE
Craig Dunlap |
The benefits from the shift toward free market economies in South America and the emphasis on non-tr
S. KOREAN FIRMS TO HUNT FOR OIL OFF CHINA COAST
Knight-Ridder Financial |
A South Korean consortium of Korea Petroleum Development Corp. and Yukong Ltd. plans to sign a contr
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,230-$1,260per ton lots &
CALIF. RICE GROWERS HEAR OPPORTUNITY KNOCK IN JAPAN
Knight-Ridder Financial |
The Japanese government's plan to open its market to foreign rice was hailed as a milestone and a ma
EU AIDES TO MEET IN BID TO BAG TRASH DISPUTE
Bruce Barnard |
The European Union todaywill attempt to prevent a trash war breaking out among its 12 member states.
WORLD BANK NEAR DEAL ON US-RUSSIA OIL FINANCING
Richard Lawrence |
The World Bank's executive board took a major step Tuesday toward clearing the way for a multibillio
OMAN AGREES TO HELP OPEC SUPPORT PRICES
Ahmed Al-Jabri |
OPEC has won an agreement by key independent producer Oman to help it support sagging oil prices, th
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Dec. 14, 1993 Quotations are based on prices reported in the market or obtained from s
S. KOREA PETROCHEMICAL FIRMS WORK ON DETAILS OF OUTPUT CUTS
Jean Yoon |
The yearlong search by South Korea's petrochemical companies for a solution to the problem of domest
EXPANDED EU COULD REDUCE AUSTRALIA'S FARM EXPORT EARNINGS
Knight-Ridder Financial |
The value of Australian agricultural exports could be cut by up to A$700 million (US$470 million) a
US PRODUCERS SEE POISON IN SHIPYARD CURE FOR SUBSIDY
Tim Sansbury |
Legislation designed to combat foreign shipbuilding subsidies gained momentum as Congress adjourned
RUSSIAN VOTE RESULTS SEEN AS SETBACK FOR REFORMS
Michael S. Lelyveld |
Hopes for economic progress and help from multilateral lenders have been dashed by the results of Ru
TRADE BRIEFS
Wire and Staff Reports |
US SOON TO IMPLEMENT EASING OF VIETNAM BANHANOI, Vietnam - American companies can begin bidd
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
1ST NATURAL GAS STATION IN MINNESOTA OPENSMINNEAPOLIS - Customers are likely to be s
BRAZIL MAY SCHEDULE PQU SALE BEFORE '94
Reuters |
Brazil's National Privatization Commission may reschedule the sale of Petroquimica Uniao S.A. (PQU)
TRADE BRIEFS
Wire and Staff Reports |
FRENCH TOY FIRM FINED FOR IMPROPER PRACTICESPARIS - A government watchdog council sa
Maritime
JAPAN WILL CRACK LID ON RICE IN BID TO DISH UP TRADE DEAL
Nobuko Hara |
At 4 a.m. on Tuesday, Prime Minister Morihiro Hosokawa faced a television camera to announce his dec
JAPAN BANKRUPTCIES UP 89 PERCENT IN NOVEMBER
Reuters |
Debts of bankrupt Japanese companies soared in November, boosted by the failure of a construction fi
SABENA CHAIRMAN URGES EU TO FREEZE AIR FARES, CAPACITY
Journal of Commerce Staff |
European governments will ignore rules limiting state aid to save their national airlines, the chair
SP SYSTEM, DISPATCHERS LOCK HORNS OVER TRANSFERS
Journal of Commerce Staff |
A decision to consolidate all train dispatching for the Southern Pacific System in Denver is facing
SPOT COMMODITIES
JOC Staff |
Dec. 14, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Monday at 223.83 off 0.97 which compares w
VESSELS COLLIDE IN JAPAN STRAIT
Knight-Ridder Financial |
The 5,69-deadweight-ton container vessel Trade Resources collided with the 5,648-ton refrigerated ca
Maritime
INDIAN PANEL CALLS MINISTRY LACKADAISICAL ABOUT CHILD LABOR
N. Vasuki Rao |
A parliamentary committee has lashed the Ministry of Labor for a ''lackadaisical attitude" toward th
Maritime
OPEC CRUDE BASKET FALLS 52 CENTS TO $12.97
Knight-Ridder Financial |
The price of OPEC's basket of seven crudes fell to $12.97 a barrel last week, compared with $13.49 i
MEXICO CREATES PANEL TO BOOST INCENTIVE, PRODUCTIVITY
Kevin G. Hall |
In an effort to boost the competitiveness and productivity of Mexican industry, the federal governme
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
COLUMBIA RIVER PORTS TO SPLIT COST OF BUOYSPORTLAND, Ore. - The board of commissione
Maritime
CHEMICAL, STEEL INDUSTRIES PROTEST KEY PACT PROVISIONS
Richard Lawrence |
The chemical and specialty steel industries warned Tuesday that they may not support key trade agree
Maritime
AIRPORT EXECUTIVE: LAX DISPUTE WON'T BE DUPLICATED ELSEWHERE
Mark B. Solomon |
A top airport executive said Monday that a nasty battle between the airline industry and the city of
NME TO PAY $90 MILLION SETTLEMENT IN CIVIL SUIT
Scott Reckard |
National Medical Enterprises agreed to pay nearly $90 million to settle the last major civil lawsuit
OKLAHOMA GETS PAYMENT IN PRUDENTIAL SETTLEMENT
Associated Press |
The state received $500,000 on Monday as part of a $330 million national settlement with Prudential
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
GROUP TO DEVELOP RUSSIAN OIL FIELD
Knight-Ridder Financial |
A Canadian-Australian-Russian venture will begin developing a major oil and natural gas field in Rus
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