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TRADE BRIEFS
Wire and Staff Reports |
CHINA SLAMS US RULES ON SPACE TECHNOLOGYChina's top satellite maker complained this week tha
Maritime
SWEDEN BANK SHAVES INTEREST RATES
Reuters |
The Swedish central bank, the Riksbank, said it would lower its key marginal rate to 8.25 percent fr
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago8/5 8/4 Change % Change: 7/1
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
NET RESERVES UP AT BUNDESBANK
Reuters |
German net currency reserves rose sharply to 93.5 billion marks in the week to July 31 from 85.2 bil
BP CLIMBED OUT OF RED IN SECOND QUARTER
Knight-Ridder Financial |
British Petroleum Co. PLC Thursday posted a second-quarter profit of UK261 million ($391 million) af
CHINA LAW FIRM TO HANDLE INTELLECTUAL PROPERTY ISSUES SPECIAL COURTS TO HEAR CASES
P.T. Bangsberg |
The first private company in China dedicated to protecting intellectual property rights has gone int
Maritime
USED-TIRE DEALERS UNITE AGAINST BAN ON SALES TO LATIN AMERICAN NATIONS
Lore Croghan |
A Florida exporter of used tires has accused big tire manufacturers of shutting him and other export
Maritime
INVESTMENT FUNDS BAIL OUT, SENDING GOLD PLUMMETING
Reuters |
Gold prices plummeted Thursday, crashing by more than $20 an ounce as investment-fund managers jetti
EC SAFETY RULING CLIPS WINGS OF BOEING'S NEW WIDEBODY JET
Journal of Commerce Staff |
Boeing Co.'s new two-engine widebody won't be allowed to fly from Europe on extremely long flights o
BANKS URGE EXPORTERS TO LEARN INTRACACIES OF FOREIGN EXCHANGE
Robin Bulman |
The unfolding drama in Europe's currency markets underscores a fundamental issue for small and mediu
NY LOGISTICS GIANT BUYS MINN. BROKERAGE
Gregory S. Johnson |
Tower Group International, a New York-based transportation logistics giant that has been on a buying
CHRYSLER, BALTIMORE MAKE HISTORY WITH SHIPMENT OF AUTOS TO CHINA
Alice Cantwell |
Chrysler Corp. recently shipped 3,614 vehicles to China through the Port of Baltimore,making it the
Maritime
PA. EXPECTS INSURERS TO CUT WORKERS COMP PREMIUMS
Wanda Motley |
Acting Gov. Mark S. Singel warned Philadelphia's insurers this week that theCasey administra
US, CANADA RESOLVE ONTARIO BEER DISPUTE
John Maggs |
The United States and Canada settled a year-old beer trade dispute with the province of Ontario but
EXPORT ABCS - HENRY A. SAMUEL EXPORTERS' QUESTIONS ANSWERED ABOUT LETTERS OF CREDIT
Henry A. Samuel |
This column is devoted to frequently asked questions about letters of credit (L/Cs). A lette
Maritime
FOUNDER OF CARNIVAL CRUISE LINES SETS SAIL FOR SAFE FINANCIAL HARBOR
David Satterfield |
Ted Arison is selling Carnival stock. Not all of it, of course, but he's unloading shares al
Maritime
GASOLINE PRICES
JOC Staff |
Aug. 5, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
CHINA WORKS TO GET SHIPMENTS OF CORN TO JAPAN ON SCHEDULE
Jennifer Allen |
China's state-owned Ceroilfoods is trying to get corn shipments to Japan on schedule, but shipments
IND. UTILITY CANCELS STUDY AFTER PUBLIC OUTCRY
Michael Puente |
It was David vs. Goliath, or in this case, big business vs. John Q. Public. And John Q. Publ
CLINTON SIGNS EXECUTIVE ORDER TO CUT POLLUTION AT US AGENCIES
Reuters |
Federal agencies must halve their toxic emissions by 1999 and submit detailed reports annually on wh
AUSTRALIAN RETURNS TO ERITREA TO HELP FIND GOLD AND COPPER
Reuters |
Eritrea's hopes of developing rich gold and copper deposits left idle by 30 years of civil war rest
TRANSPORT BRIEFS
From Wire and Staff Reports |
AMERICAN POSTPONES PHILA.-LONDON SERVICEAmerican Airlines Wednesday postponed until
AIR CARGO STUDY SHOWS A REBOUND, BUT GROWTH LAGS 20-YEAR FORECAST
John Davies |
Air cargo volume rebounded last year, but growth is still running only a little more than half of wh
SELLING TRIMS DOLLAR'S GAINS FROM FALLING GOLD PRICES
Alan Zimmerman |
The U.S. dollar traded higher Thursday against European currencies on tumbling gold prices.
TRADE SURPLUS GROWS IN TAIWAN
Reuters |
Taiwan's exports rose 5.4 percent from a year earlier to US$7.26 billion in July while imports fell
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
USDA PROPOSES BAN FOR WATER ON GRAINWASHINGTON - The U.S. Department of Agriculture'
SPOT COMMODITIES
JOC Staff |
Aug. 5, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
SINGAPORE'S KEPPEL YARD REGISTERS RISE IN PROFIT
P.T. Bangsberg |
Keppel Corp., the last of Singapore's big shipyard groups to report, said interim profit rose but ac
Maritime
PEOPLE - INSURANCE
Wire and Staff Reports |
AMERICAN INTERNATIONAL GROUP INC. (New York) - John M. Griffin, CPCU, was named president of Landmar
TANKER OWNERS' RESTRAINT ON ORDERS LIKELY TO HASTEN MARKET'S RECOVERY
Janet Porter |
Tanker owners ordered fewer new ships so far this year, which should help boost the market's long-aw
Maritime
IMPROVEMENT IN TRANSPORT DIVISIONS FAILS TO KEEP CP PROFIT FROM SLIDING
Leo Ryan |
Canadian Pacific Ltd. reported that its second-quarter profit slipped to C$12 million (US$9.3 millio
SENATE OKS GRANTS TO AID MIDWEST'S SMALL RAILROADS
Stephanie Nall |
The Senate Wednesday night approved $21 million for grants to small railroads hit hard by flood dama
FREIGHT RATE FUTURES
JOC Staff |
Aug. 5, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
COAST GUARD CELEBRATES ITS 204TH BIRTHDAYST. LOUIS, Mo. - The U.S. Coast Guard reach
Maritime
JAPAN OIL COMPANIES FORM VIETNAM VENTURE
Knight-Ridder Financial |
Cosmo Oil Co. and the Japan Petroleum Exploration Co. have formed a joint venture to explore for oil
UK TANKER RATES FLAT AS CARGO IS SCANT
Patricia Jones |
New cargoes remained scarce on the tanker market and rates were largely unchanged, brokers said.
Maritime
GLAXO HOLDINGS GIRDS FOR BATTLE IN COURT TO PROTECT ZANTAC PATENT
Ben Hirschler |
British drug giant Glaxo Holdings PLC, preparing for a court battle next week to defend its sole rig
DISEASES RAVAGE ND WHEAT FIELDS BUMPER HARVEST HOPES DERAILED
Juan Miguel Pedraza |
Jeff Cull, a wheat grower here, surveyed his 3,400-acre crop last week and figured he had an outside
FLOOD ERODES US RAIL TRAFFIC, REPORT SAYS
Journal of Commerce Staff |
Weekly railroad traffic results released by the Association of American Railroads continued to show
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