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LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Aug. 16, 1993Bid AskedCopper_
AFRICA GROUP BACKS COFFEE EXPORT PLAN
Knight-Ridder Financial |
InterAfrican Coffee Organization producers have agreed on a plan to retain 20 percent of exports tha
CHINA SEEKS TO UNIFY MARKETS WITH COMPREHENSIVE EXCHANGE
Knight-Ridder Financial |
China will open a new comprehensive futures exchange in November in an attempt to unify the country'
NECESSITY WAS MOTHER OF FEMALE-RUN INSURER
Martin J. Moylan |
There's no glass ceiling for women executives at Degree of Honor Protective Association, the St. Pau
TRADE TALK - ROSALIND MCLYMONT US PRODUCT SAFETY OFFICIALS TARGETING ART SUPPLIES, LIGHTERS
Rosalind Mclymont |
The U.S. Consumer Product Safety Commission is so fed up with importers of art material who violate
Maritime
GOOD YEAR INDICATED FOR DOMESTIC PLASTICS
Journal of Commerce Staff |
This should be a banner year for the domestic plastics industry, according to a recent study done by
MAERSK OPENS OFFICE IN KANSAS CITY, KAN.
JOC Staff |
Maersk Inc. opened an office in Kansas City, Kan., Sunday to provide sales coverage for Kansas, Miss
Maritime
CHINA TO LIMIT LUXURY BUILDING, CHANGE FOCUS TO INFRASTRUCTURE
Knight-Ridder Financial |
China has issued new rules to cool down its booming real estate market that will sharply limit build
Maritime
BIG BUSINESS GROUP IN JAPAN TO STOP CASH GIFTS TO POLITICIANS
Irene Kunii |
Japan's largest business federation will stop making cash gifts to politicians and their parties and
Maritime
WEAKER WHEAT PRICES LIKELY AS US, EC FIGHT FOR EXPORTS NO UPTURN SEEN IN LIGHT DEMAND
Ned Stafford |
Large world wheat stocks and a fight among wheat exporting nations for wheat sales in a market suffe
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange Aug. 16, 1993Prev. Life of Contr. OpenOpen Hi
FDA CLEARS SCHERING-PLOUGH ANGINA DRUG FOR SALE
Reuters |
The Food and Drug Administration has given Schering-Plough Corp. permission for the marketing of Imd
LIBYA REJECTS ULTIMATUM, RISKS OIL SANCTIONS
Reuters |
Libya spurned a Western deadline to surrender two airliner bomb suspects by Oct. 1, apparently ready
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Aug. 16, 1993 Quotations are based on prices reported in the market or obtained from s
INSURANCE BRIEFS
From Wire and Staff Reports |
INSURERS MORE OFTEN PAYING POLLUTION COSTSEXTON, Pa. - An expanding environmental insurance
CHINESE SHIP ANCHORED IN INTERNATIONAL WATERS
Diana Abdallah |
A Chinese cargo ship accused by Washington of carrying banned chemical weapons additives for Iran ha
Maritime
DEREGULATION STRATEGY UNLIKELY TO DIE EASILY
Stephanie Nall |
While maritime interests have tried to downplay a vice presidential staff proposal to deregulate the
LUFTHANSA ATTACKS NORTHWEST AIR FOR EFFORTS TO ERECT US BARRIERS
Special to The Journal of Commerce |
Lufthansa German Airlines vehemently attacked Northwest Airlines Monday for the U.S. company's effor
CANADA MUST SELL PROVINCES ON NAFTA SIDE AGREEMENTS
Leo Ryan |
The Canadian federal government must convince Canada's 10 provinces to accept agreements on labor an
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Aug. 16, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f
ASIAN FUTURES
JOC Staff |
Aug. 16, 1993 JAPANFinancial FuturesPrecious MetalsTokyo Commodity E
INDONESIA DROPS VISA FOR BUSINESS VISITORS
Reuters |
Indonesia on Monday introduced two-month-long visa-free stays to business visitors from 45 countries
THE ECONOMY
Source: Commerce Department; Knight Ridder Tribune. |
INDUSTRIAL PRODUCTION Percent change July JuneManufacturing +0.2% -0.
TNT EXPRESS SUED AS TWO ALLEGE RACIAL DISCRIMINATION
William Armbruster |
A former branch manager for TNT Express Worldwide and the U.S. Equal Employment Opportunity Commissi
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
CHINA TO LAY OFF MORE COAL MINERS AS INDUSTRY LOSSES HIT $414 MILLION
P.T. Bangsberg |
As losses rocket in China's coal mines, officials say 140,000 workers will lose their jobs this year
INDIAN SMELTER WANTS TO EXPAND
Knight-Ridder Financial |
The state-run Hindustan Copper Ltd. (HCL) is seeking government permission to expand its Khetri copp
ENERGY BRIEFS
Wire and Staff Reports |
INDIA PLANS COAL OUTPUT OF 249 MILLION TONSNEW DELHI, India - India aims to produce
COFFEE PRICES RISE ON REPORT OF EXPORT PACT
Knight-Ridder Financial |
Coffee prices rose sharply in late Monday trading following reports of an agreement by African coffe
FORMER PAN AM OFFICIAL HEADS EFFORT TO BUILD NEW CARGO HUB IN RUSSIA
William Armbruster |
Dynair Technologies of Reston, Va., plans to build a new air cargo center in St. Petersburg, Russia.
COST OF CREDIT
JOC Staff |
Monday, Aug. 16, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
TOYOTA TO MOVE CAR-PROCESSING UNIT FROM HOUSTON PORT TO INLAND LOCATION
Jane Baird |
Gulf States Toyota plans to move its car-processing operations out of the Port of Houston and into a
Maritime
PEOPLE - MARITIME
Wire and Staff Reports |
CARRIERS CONTAINER COUNCIL INC. (Jersey City, N.J.) - James W. McIntire Jr. was appointed director o
Maritime
LA PORT'S DEBT PROGRAM GETS TWO THUMBS UP
Kevin G. Hall |
Two leading New York bond-rating agencies gave the Port of Los Angeles their highest ratings, confir
Maritime
DOLLAR PLUNGES AGAINST YEN DESPITE BANK INTERVENTION
Alan Zimmerman |
The U.S. dollar fell Monday, hitting another record low against the Japanese yen of 100.85 in overse
RECEDING RIVERS ALLOW SOME BARGES TO RESUME SERVICE IN UPPER MIDWEST
John Boyd |
Despite new weekend rains over parts of the Midwest, the Mississippi River at St. Louis dropped enou
CONTINENTAL AIR TO AX 2,500 JOBS, CUT ROUTES
Knight-Ridder Financial |
Continental Airlines Inc. on Monday said that, as part of ongoing cost- cutting measures, it will cu
PRODUCTION COSTS MORE IN MALAYSIA AS WAGES GO UP, OUTPUT GOES DOWN
K.T. Arasu |
Wage increases in Malaysia are outstripping gains in productivity and could jeopardize the fast-grow
Maritime
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