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TRADE BRIEFS
From Wire and Staff Reports |
MALAYSIA CUTS LEVY ON FOREIGN WORKERSSINGAPORE - Malaysia cut to 300 ringgit (US$116
Maritime
POLITICS CITED AS MOTIVE BEHIND IRAN OIL DEALS
Henry Cutter |
Political considerations, not solely hope of commercial gain, are behind an ongoing series of oil de
SOUTH BEND OFFICIALS WEIGH IMPACT OF FOREIGN TRADE ZONE ON ECONOMY
DOUG LeDUC |
The impact of a foreign trade zone on the local economy is difficult to measure and may not be appar
Maritime
BRAZIL DROUGHT EXPECTED TO TAKE HEAVY COCOA TOLL
Elizabeth Herrington |
Drought conditions in Brazil's northeast have begun to affect Bahia's cocoa crop, with growers and t
API WEEKLY REPORT STOCKS OF CRUDE OIL INCREASE
Journal of Commerce Staff |
Inventories of crude oil rose 3.8 million barrels in the week ended April 2 compared with the previo
COPPER STAYS PROFITABLE DESPITE PRICE DECLINE
James Regan |
Despite the collapse of copper prices last week, prices for the metal remain well above average prod
US PORK PRODUCERS HIT DUTIES RULING
Knight-Ridder Financial |
The U.S. pork industry criticized a decision by a U.S.-Canada committee ordering the United States t
INVESTORS FINALIZE COAL FACILITY DEAL AT LA PORT TODAY
Kevin G. Hall |
Years of negotiating for a massive coal export facility at the Port of Los Angeles is scheduled to f
RAIL GROUP HALTS PURSUIT OF CANADIAN SHORT LINES TOUGH LABOR LAWS DERAIL EXPANSION
Leo Ryan |
A leading U.S. short-line railroad operator said it has shelved plans to acquire five small railway
BRITISH MINISTER CHIDES BOEING OVER CRITICISM OF AIRBUS SUBSIDIES
Tacoma Morning News Tribune |
A British Cabinet minister gently chided Boeing Co. last week for complaining about subsidies to the
COMMODITY PRICE INDEX SINKS TO '93 LOW
Howard Simon |
The Journal of Commerce Industrial Price Index moved lower last week as textiles, metals and plywood
JAPANESE MINISTER WANTS INDONESIA TO PLAY ROLE IN JULY'S G-7 MEETING
Knight-Ridder Financial |
Japan's Foreign Minister Kabun Muto said he favors inviting Indonesian President Suharto to Tokyo in
Maritime
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
UNITED NATIONS' SANCTIONS CRIPPLE IRAQ'S ECONOMY, LABOR MINISTER SAYS
(Reuter) |
Iraq said its industry is nearly stopping because of U.N. sanctions. A government minister s
Maritime
TRIMAC TRANSPORTATION BUYING PACIFIC TRUCKING
Gregory S. Johnson |
Moving to broaden its intrastate reach in Washington and Oregon, Trimac Transportation Inc. is buyin
TAIWAN TRADE SURPLUS DROPS TO $1.35 BILLION
Knight-Ridder Financial |
Taiwan's trade surplus in the first three months of this year totaled $1.35 billion, down 47.7 perce
FREIGHT RATE FUTURES
JOC Staff |
Apr. 8, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Apr. 8, 1993Brent Crude Oil - (Dollars Per Barrel)_
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,150-$1,250per ton lots &
CMB TRANSPORT REFOCUSES ON THE BOTTOM LINE
Bruce Barnard |
CMB Transport, Antwerp's leading owner of liner ships, is working its way back toward profitability
Maritime
INVESTORS GROW WARY OF LLOYD'S BUSINESS PLAN
William Pitt |
Hopes are fading among Lloyd's Names - the private individuals whose wealth secures insurance polici
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Apr. 8, 1993 Quotations are based on prices reported in the market or obtained
INSURANCE BRIEFS
Wire and Staff Reports |
NORTH CAROLINA AGENCY CUTTING AUTO SURCHARGECHARLOTTE, N.C. - Auto liability insuran
INSIDE TALK - MARGO D. BELLER P/C INDUSTRY UNIFIED IN ITS CONFUSION, IF NOTHING ELSE
Margo D. Beller |
Anyone who thinks "The Insurance Industry" speaks with one voice should have been sitting with me at
TRANSPORT BRIEFS
From Wire and Staff Reports |
UNITED AIR POSTPONES ORDERS FROM BOEINGUnited Airlines said Wednesday it reached agreement w
PEOPLE - TRADE
Wire and Staff Reports |
JAPAN BUSINESS ASSOCIATION OF SOUTHERN CALIFORNIA (Los Angeles) - The association named new officers
UNDERCHARGE BILL NEAR, BENTLEY SAYS
Journal of Commerce Staff |
Congressional action - not court decisions or regulatory intervention - is needed to end the truck r
DOMINICAN REPUBLIC EASES REGULATIONS ON IMPORTS, TAXES SOME IN US WORRY OVER COMPLEXITY
Charles W. Thurston |
The Dominican Republic has taken several steps to ease its Byzantine import tax system and has aboli
Maritime
US WANTS NO-SAIL ZONE IN YUGOSLAVIAN WATERS
(Reuter) |
The United States wants to outlaw all shipping in Yugoslavia's 12-mile territorial waters as part of
Maritime
OIL PROPERTY EXPO EXPECTED TO SPUR DRILLING
Michael J. Strauss |
An exhibition that brought together potential buyers and sellers of North American oil and gas prope
RUSSIAN PLAN TO AID BUSINESS CLEARS HURDLE
Knight-Ridder Financial |
The Presidium of the Russian Council of Ministers Wednesday approved in principle a package of urgen
Maritime
INDUSTRY OFFICIALS HOPE CONOCO VENTURE WILL FUEL MORE US-RUSSIAN DEALS
Bill Mintz |
U.S. government backing for Conoco Inc.'s Polar Lights joint venture in Russia should pave the way f
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
UNION CARBIDE TO AID INDONESIAN RESIN PLANTDANBURY, Conn. - Union Carbide Corp. has licensed
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Apr. 7, 1993 Quotations are based on prices reported in the market or obtained
COMEX METAL WAREHOUSE
JOC Staff |
April 7, 1993 Copper Total, 107,614. Gold Total, .1,405,632.Silver To
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Apr. 7, 1993Bid AskedCopper_G
GOLD DEALER SHAKEOUT TARNISHES PROSPECTS
Winston Williams |
Gold prices will continue to struggle over the next year due to liquidity problems in the market and
PACT ON WORKING CONDITIONS AVERTS DOCK STRIKE IN JAPAN
Mark Magnier |
Dockworkers and ocean carriers reached an agreement on working conditions late Wednesday that should
Maritime
AIRBUS EXPECTS WINDFALL OF MIDDLE EAST ORDERS
(Reuter) |
European manufacturer Airbus Industrie expects to win at least a third of the $60 billion of Middle
HOUSE COMMITTEE PRESSES TO KEEP BAN ON BIG TRUCKS
Rip Watson |
A majority of members of the House Public Works and Transportation Committee have asked U.S. Trade R
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