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INDONESIANS SEEN TURNING TO COMMERCIAL PAPER, BONDS
Jonathan Thatcher |
Indonesia's financial markets, swimming in a sea of rupiah with few borrowers or lenders, are settin
Maritime
MEXICO'S CONSUMER PRICES INCREASED BY 0.6 PERCENT IN JUNE
Reuters |
Mexican consumer price inflation was 0.6 percent in June, bringing the year- on-year inflation rate
Maritime
RECENT DEATHS MAY NOT BE 1ST TIED TO LILLY HEPATITIS DRUG
Reuters |
Months before the recent deaths of two people using an experimental hepatitis B drug made by Eli Lil
GATT AIRCRAFT TALKS FAIL TO MAKE ANY HEADWAY
John Zarocostas |
Trade negotiators from more than 20 nations failed to make any headway in three days of talks here l
BC RAIL, UNION MAKE PROGRESS IN TALKS
Journal of Commerce Staff |
Negotiators for B.C. Rail and its seven unions Friday reported progress toward a settlement of a lab
CUMMINS TO MAKE ENGINES FOR INDIAN VEHICLE PRODUCER
Gregory S. Johnson |
Adding the Indian subcontinent to its growing geographic Rolodex, Cummins Engine Co. signed a joint
Transport, Trade and Regulation News
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
CORPUS CHRISTI APPOINTS ALEJANDRO INDUSTRIAL-MILITARY TROUBLESHOOTER
George F.W. Telfer |
Anthony C. "Tony" Alejandro sees his new job at the Port of Corpus Christi, Texas, asachieving a bal
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
TRADERS SAY US DOLLAR WILL RISE ON OUTLOOK FOR EUROPEAN RATE CUTS
Gordon Platt |
Currency traders said the U.S. dollar will rise this week on expectations of interest rate cuts in E
S&P SEES NO IMPROVEMENT IN JAPANESE BANK RATINGS
Knight-Ridder Financial |
Standard & Poor's CreditWeek International said it expects further downgrades of Japanese banks this
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
COCOA FUTURES JUMP ON NEWS OF PRICE PACTCocoa futures rose sharply on aggressive buying by t
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
NEW CANADA LEADER USES OLD TRADE MANEUVERS CAMPBELL ECHOES MULRONEY IN BID FOR US LIAISON
Mark Magnier |
Canada's new prime minister replayed an old script last week with the United States, insisting that
STEVENS AIR LAUNCHES DETROIT SERVICE
JOC Staff |
Stevens Air Transport, a domestic and international freight forwarder based in Inglewood, Calif., ha
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
BEIJING SIGNALS INTENT TO CUT TAXES ON STATE-OWNED COMPANIES TO 33 PERCENT
P.T. Bangsberg |
Taxes on state-owned firms in China appear set to be cut to levels imposed on privately run and over
Maritime
GASOLINE PRICES
JOC Staff |
July 9, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
EUROPEAN STEEL CRISIS HASTENING END OF WESTERN GERMAN COAL INDUSTRY
Nao Nakanishi |
The European steel crisis is accelerating the demise of the heavily subsidized western German coal m
HUNGARY SEEKS US BUYERS FOR STATE-OWNED COMPANIES
Robin Bulman |
Wanted: Wealthy capitalists to buy 160 of Hungary's biggest companies. Must have proven success in t
Maritime
MEXICO SET TO MODERNIZE EVEN IF NAFTA IS DELAYED
JOC Staff |
The head of the private sector team advising the Mexican government on North American free-trade tal
Maritime
TRADE BRIEFS
Wire and Staff Reports |
INDIA'S RAO VOWS TO LIFT FINAL ECONOMY CONTROLSBOMBAY, India - Prime Minister P.V. Narasimha
Maritime
CHINA BANKS ACT TO BRIDLE SOARING INDUSTRIAL GROWTH
Jeffrey Parker |
Against a backdrop of sizzling 25 percent industrial growth in the first half of 1993, two major Chi
Maritime
INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS Canada - A Pre-Election Update on the Economy and U.S. Relations. July 27. Wa
Maritime
SHANGHAI PETROCHEMICAL STOCK OFFER ENCOUNTERS OBSTACLES IN HONG KONG
Alison Leung |
Underwriters of a global stock offer by one of China's biggest state enterprises are confident the i
BIG INTEREST PAYMENTS SLOW DOWN BRAKE MAKER
Knight-Ridder Newspapers |
Akron, Ohio's Aircraft Braking Systems, in the midst of employee cutbacks and a hardball fight with
Transport, Trade and Regulation News
LLOYD'S HEAD ENVISIONS AID FROM WALL STREET
Kimberly Blanton |
Lloyd's of London will look to Wall Street investment banks to help build the new Lloyds. Th
ACCOUNT SURPLUS FALLS IN DENMARK
Knight-Ridder Financial |
Denmark posted an estimated April current account surplus of 2.2 billion kroner ($335 million) for i
FLOOD-DRIVEN FEARS PRESSURE JOFC INDEX
Howard Simon |
Despite last week's holiday-shortened time frame, it was wild and woolly for commodity prices.
CBT DIRECTOR SANDOR TO SIT ON CHICAGO MERC BOARD
Chicago Tribune |
In a move that is bound to further cloud relations between Chicago's futures markets, a longtime str
DISCOUNTING STALLS PACIFIC COTTON RATES
Allen R. Wastler |
Rate-cutting maneuvers by independent carrier Evergreen Marine Corp. are delaying efforts by Pacific
JOURNAL OF COMMERCE - FAST FACTS WORLDWIDE AIR CARGO
International Air Transport Association |
Graph only.
PUERTO RICO MAY SWEETEN NAVIERAS SALE GOVERNMENT WILLING TO FORGIVE HALF OF DEBT
Peter M. Tirschwell |
The government of Puerto Rico is willing to forgive at least half of the more than $300 million debt
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange July 9, 1993Brent Crude Oil - (Dollars Per Barrel)
GERMANY TO DELAY RULING ON MAASTRICHT TREATY
Reuters |
Germany's Constitutional Court will not announce its ruling on whether the Maastricht Treaty on Euro
Maritime
SPOT PRODUCT PRICES
JOC Staff |
July 9, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
PEOPLE - TRADE
Wire and Staff Reports |
ANHEUSER-BUSCH COS. (St. Louis) - Jesse Aguirre was named executive vice president for-Mexico at Anh
Maritime
MALAYSIA SEES SELF-SUFFICIENCY IN PETROLEUM PRODUCT AREA
P.T. Bangsberg |
Malaysia expects to halt imports of refined petroleum products in the next few years and have surplu
DAILY PETROLEUM PRICES
JOC Staff |
Friday July 9, 1993 Prevailing sellers' posted prices at the close of business, representing
ENERGY OUTLOOK - DALE STEFFES NEXT DECADE PROMISES MORE ENERGY CHANGES THAN IN LAST 20 YEARS
Dale Steffes |
July 1 marked my 20th year as an independent energy consultant. I began in this business in
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