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EXPORTS FUEL GROWTH IN MALAYSIA, BUT REPORT CRITICIZES RESTRICTIONS
John Zarocostas |
Rapid growth in exports has transformed Malaysia from an economy dependent on tin and rubber to one
Maritime
CHINA SET TO BUY KUWAITI CRUDE OIL
Knight-Ridder Financial |
China has signed a letter of intent to buy Kuwaiti crude oil, with shipments possibly beginning earl
EC CONSIDERS ACTION AGAINST BRITAIN OVER TRADE BARRIERS
Bruce Barnard |
The European Community Commission is mulling whether to take Britain to court for breaking EC trade
Maritime
E. EUROPE'S ARMS FIRMS FACE MAJOR CHANGES
Susannne Hoell |
The end of the Cold War has forced Eastern Europe's arms industry to adapt painfully to peacetime an
ASIAN FUTURES
JOC Staff |
July 21, 1993 JAPANFinancial FuturesPrecious MetalsTokyo Commodity E
EC DIRECTIVES TO SHAKE UP INSURER-CLIENT RELATIONS
William Pitt |
Two European Community directives, the first of which took effect on July 1, are likely to revolutio
CLINTON CAMP WARMS UP TO COMPROMISE GASOLINE TAX
WILLIAM DiBENEDETTO |
Clinton administration officials Wednesday indicated that a motor fuels tax of some 5.6 cents a gall
SANTA FE PACIFIC EARNINGS ROSE IN 2ND QUARTER
Lawrence H Kaufman |
Santa Fe Pacific Corp. earned $147.5 million, or 79 cents a share, in the second quarter compared wi
TRADE BRIEFS
Wire and Staff Reports |
ASEAN PROPOSES FORUM WITH RUSSIA, CHINASINGAPORE - A regional security forum will be
Maritime
TRANSPORT CALENDAR
JOC Staff |
Managing Distribution Center and Warehouse Quality Performance. July 21-22. Sponsored by University
CHINA'S AUSTERITY WON'T HURT HONG KONG GROWTH, AIDE SAYS
Reuters |
Financial Secretary Hamish Macleod on Wednesday reaffirmed his estimate that Hong Kong's economy wil
JAPAN EASES FOREIGN ENTRY INTO CONSTRUCTION MATERIALS MART
Reuters |
Japan's Construction Ministry has introduced a new system to ensure foreign companies access to the
Maritime
BRITISH FIRM TO TACKLE BANGKOK TRAFFIC SNARLS
Reuters |
British traffic and field data systems company Peek PLC said on Tuesday it had won a $9.03 million c
Maritime
SEC INVESTIGATES ACTIVITIES OF MO.'S FRONTIER INSURANCE
Paul Dykewicz |
A Missouri life insurance company is under investigation by the Securities and Exchange Commission f
SALOMON PULLS OUT OF INDONESIAN OFFERING
Jeremy Wagstaff |
The pullout by Salomon Brothers Inc. from a planned share offering by Indonesian timber giant PT Bar
RUSSIA'S GRAIN HARVEST SEEN AT 131 MILLION TONS
Knight-Ridder Financial |
The Russian grain harvest this year may exceed by 25 million metric tons the 106.8 million tons harv
CBT STYMIED IN TRADING US SECURITIES
WILLIAM B. CRAWFORD Jr. |
An ambitious Chicago Board of Trade goal of establishing a toehold in the huge cash market for the p
JOURNAL OF COMMERCE - FAST FACTS DIESEL FUEL PRICES
Interstate Commerce Commission. |
No text.
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
BURLINGTON AIR EXPECTS LICENSE TO SPUR JAPAN BOOM
William Armbruster |
Burlington Air Express expects its business in Japan to grow 25 percent after winning an air freight
CONRAIL POSTS 10 PERCENT RISE IN EARNINGS
Journal of Commerce Staff |
Consolidated Rail Corp. Wednesday announced second-quarter 1993 earnings of $85 million, a 10 percen
GERMAN BANK LENDING SLOWED DURING JUNE
Reuters |
Bank lending slowed in June, particularly on longer-term loans, the Bundesbank said in a statement a
BALTIC FREIGHT INDEX
JOC Staff |
1356 (July 21, 1993) Previous day - 1361 The Baltic International Freight Futures Market in
Maritime
TRADE BRIEFS
Wire and Staff Reports |
JAPAN, CHINA PLAN TRADE BARRIER TALKSBEIJING - Japan and China will hold tariff and
Maritime
FREIGHT RATE FUTURES
JOC Staff |
July 21, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
OKLA. INSURANCE FUND CLOSING IN ON PURCHASE OF BANK BUILDING
Brian Ford |
The State Insurance Fund will complete an expected $4.9 million purchase of a downtown Oklahoma City
COCOA SHIPMENTS DELAYED BY STRIKE IN GHANAIAN PORTS
Knight-Ridder Financial |
Buyers of Ghanaian cocoa expecting their deliveries in July and August will face delays as loading a
EMPIRE BLUE CROSS FACES PROTESTS AS IT MOVES TOWARD MANAGED CARE
From Wire Reports |
Empire Blue Cross and Blue Shield is determined to evolve into a managed care system, no matter how
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of July 21, 1993 Quotations are based on prices reported in the market or obtained
AUSTRALIANS NOT SHEEPISH ON LONG-TERM WOOL PROSPECTS
Kevin Pendley |
The Australian wool industry has a bright long-term future, but farmers face another tough year ahea
GULFPORT GEARS UP FOR TRAFFIC GROWTH AS NEW MEXICAN BOX SERVICE NEARS
George F.W. Telfer |
Cargo volume at the Port of Gulfport is expected to increase about 10 percent in the fiscal year tha
Maritime
STUDY ENDORSES "RELIEVER' AIRPORT TO EASE LOGAN CRUNCH
Michael S. Lelyveld |
A second major airport will not be needed in New England by the year 2010, but a large regional "rel
DOLLAR MIXED AS RISING MARK REIGNITES EUROPE TENSIONS
Alan Zimmerman |
The U.S. dollar was mixed Wednesday in erratic trading, as a rising deutsche mark caused disturbance
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
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange July 21, 1993Prev. Life of Contr. OpenOpen High Low
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
OIL WORLD CUTS FORECAST FOR SOYBEAN PRODUCTIONHAMBURG, Germany - The weekly newslett
CARRIER'S OPERATING INCOME JUMPS
Journal of Commerce Staff |
Burlington Air Express recorded an $8 million operating profit in the second quarter, up from $2.9 m
COMPARATIVELY SPEAKING, FALL IN FUEL PRICES FAILS TO ADD UP
Andrea Orr |
U.S. motorists are paying less to fuel their cars than they did last summer, but the tab at the pump
PEOPLE - MARITIME
From Wire and Staff Reports |
COOPER/T.SMITH STEVEDORING CO. (Mobile, Ala.) - Michael Merritt was appointed the New Yorkrepresenta
Maritime
TEXAS FARMERS WILL SEE MIXED EFFECTS FROM FLOOD
Steven H. Lee |
Grain farmers in Texas could benefit from the floods in the Midwest, but livestock feeders and produ
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