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AIDE SAYS RUSSIA WILL SEEK FREE-TRADE PACT, NOT MORE CREDITS
From Wire and Staff Reports |
Russia wants to secure a free-trade agreement rather than more Western creditsfrom this week
Maritime
CHINA, S. KOREA BOOST COOPERATION
Journal of Commerce Staff |
The strong growth of economic links between China and South Korea is helping to shape a "Yellow Sea
JAPAN IMPORTS US SEED TO REVIVE OYSTER INDUSTRY
John Davies |
Oyster growers in Japan are hoping the intermodal shipping container will help them save their threa
Maritime
OPEC CUTS OIL OUTPUT, STILL EXCEEDS ITS QUOTA
Knight-Ridder Financial |
Members of the Organization of Petroleum Exporting Countries cut oil production by 1.04 million barr
HOUSTON EXPECTS LINER SERVICE TO BOOST CONTAINER VOLUME 20 PERCENT
Journal of Commerce Staff |
A new weekly liner service starting this month is expected to boost the Port of Houston's container
Maritime
SIMEX TO OFFER NEW CONTRACT
Knight-Ridder Financial |
The Singapore International Monetary Exchange plans in June or July to introduce a spot currency con
COURT: AETNA NOT LIABLE IN ROCK HUDSON CASE
(Reuter) |
A federal Appeals Court ruled Wednesday that an insurance company did not have to pay a $14.5 millio
OPPOSITION IN HOUSE ENDANGERS BILL TO ELIMINATE PRACTICE OF REDLINING
WILLIAM DiBENEDETTO |
House Republicans are firmly opposed to federal regulation of the insurance industry - a stance that
TRADE BRIEFS
From Wire and Staff Reports |
US TRADE DEFICIT IN ELECTRONICS WIDENSSAN JOSE, Calif. - Americans bought far more f
Maritime
PEOPLE - TRANSPORT
Wire and Staff Reports |
BURLINGTON AIR EXPRESS (Irvine, Calif.) - Robert Jenkins was appointed vice president, Northeast Asi
COST OF CREDIT
JOC Staff |
Wednesday, March 31, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FREIGHT RATE FUTURES
JOC Staff |
Mar. 31, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
DROP IN AID THREATENS ZAIRE COPPER PRODUCTION
James Regan |
Copper production in Zaire is threatened as the international funding needed to maintain mining oper
CLINTON TO NAME ATTORNEY HARKIN TO HEAD OPIC
(Reuter) |
President Clinton said Tuesday he would nominate corporate attorney Ruth Harkin, the wife of Sen. To
PANAMA INVASION FILM WINS ACADEMY AWARD
Tim Shorrock |
A controversial film challenging the Bush administration's justification for the 1989 U.S. invasion
Maritime
EVOLUTION OF PASSENGER SHIPS FOCUS OF DISPLAY IN NEW YORK
Journal of Commerce Staff |
An exhibit on the evolution of passenger ships from their early beginnings in the late 19th century
Maritime
BARGE FUEL TAX OPPONENTS GEAR UP FOR HOUSE FIGHT
Tim Sansbury |
Campaigns are mounting in the House to head off President Clinton's proposed barge fuel tax hike in
Maritime
US-EC AIR TALKS MAY GROW WITH COMPUTER AGREEMENT
Stephanie Nall |
A settlement of a dispute between U.S. and European airlines over computerized reservations systems
EMERY REORGANIZES LATIN AMERICA OPERATIONS
William Armbruster |
Emery Worldwide announced this week that it has reorganized its Latin American operations by creatin
INTERNAL TEAMSTERS FEUD GOES TO COURT TODAY
Dane Hamilton |
The worst internal Teamsters feud in years is set to be airedtoday in federal court in Ann Arbor, Mi
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Mar. 31, 1993 Quotations are based on prices reported in the market or obtained from s
THE ECONOMY
JOC Staff |
ECONOMIC INDICATORS Monthlypercent change FebruaryCoincident index
Maritime
WEAK ECONOMY SPURS JAPANESE TO SHOP MORE AT DISCOUNT
(Reuter) |
The Japanese, once renowned for their love of high-priced stores, are adjusting spending habits to s
Maritime
SHIPOWNERS URGED TO ADOPT CORPORATE FINANCE APPROACH
Allen S. Roberts |
If shipowners hope to replace their obsolete vessels promptly, they'll have to take a more "corporat
Maritime
SIGNIFICANT AMOUNTS OF US COAL REPORTED UNDER FOREIGN CONTROL
(Reuter) |
Significant amounts of U.S. coal reserves and production have shifted to overseas ownership through
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Mar. 31, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
ASIAN FUTURES
JOC Staff |
March 31, 1993 JAPANFinancial FuturesPrecious MetalsTokyo Commodity
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Mar. 31, 1993Brent Crude Oil - (Dollars Per Barrel)
GASOLINE PRICES
JOC Staff |
Mar. 31, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Premium-Unl
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Mar. 31, 1993Bid AskedCopper_
COLONIAL PIPELINE RESTORES LIMITED NY-AREA OIL FLOW
Knight-Ridder Financial |
Colonial Pipeline restored limited shipments of refined petroleum between Baltimore and the New York
NH OFFERS FUNDS TO LURE BIOTECH FIRM
The Boston Globe |
New Hampshire is following Massachusetts and Rhode Island in wooing biotech companies, the latest be
20 YEARS OF US PRODDING LEADS TO JAPAN MEAT DISTRIBUTION CHANGE
Mark Magnier |
Foreign analysts say more than 20 years of U.S.-Japan bilateral negotiations over the meat import tr
MARCH FARM PRICES ROSE ON CATTLE, HOG COSTS
(Reuter) |
Farm prices rose 0.7 percent in March from the previous month, the government said buoyed by stronge
CLINTON AIDE: PRICE CONTROLS AMONG HEALTH-CARE OPTIONS
(Reuter) |
The Clinton administration is looking at many ways to control health-care costs, ranging from volunt
UK SHIP INSURER GROUP SETS MINIMUM STANDARDS
Janet Porter |
An alarming increase in maritime accidents that could easily have been avoided through simple precau
NO NY HEALTH INSURER EXODUS SEEN
From Wire and Staff Reports |
Superintendent of Insurance Salvatore R. Curiale pronounced New York's health insurance market "heal
TV PRIVATIZATION IN MEXICO OPENS DOORS FOR TRADE
Kevin G. Hall |
The Mexican government is expected to identify today the bidders for 170 television stations current
CHANNEL TUNNEL FREIGHT RATES EXPECTED TO EXCEED FERRY CHARGES
Tara Patel |
Eurotunnel, the company that owns and will operate the English Channel tunnel linking Britain and Fr
US PUSHES FOR RESULTS IN TRADE WITH JAPAN WHITE HOUSE INSISTS ON NUMERICAL GOALS
John Maggs |
The Clinton administration has begun unveiling a "results-oriented" trade policy with Japan, pressin
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