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FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
AGENCY FINDS MAJOR PAYOFFS BY JAPANESE CORPORATIONS
(Reuter) |
Corporate Japan handed out at least $446 million in illegal donations to politicians or shady payoff
RUSSIA SEEN DELAYING PAYMENT TO US UNTIL PARIS CLUB ACCORD
Doug Palmer |
Russia is likely to wait for Western creditors to restructure its foreign debt before resuming payme
IRELAND STILL SET TO END CURRENCY CONTROLS JAN. 1
Knight-Ridder Financial |
The Irish authorities still intend to lift their remaining currency exchange controls on Jan. 1 desp
JOURNAL OF COMMERCE - FAST FACTS US COTTON IMPORTS: TEXTILES AND APPAREL
JOC Staff |
no story.
DOLLAR TRADES IN A NARROW RANGE AS MAJOR PLAYERS LEAVE FOR HOLIDAYS
Knight-Ridder Financial |
The absence of major market participants kept the U.S. dollar locked in a narrow range Wednesday, wi
CURRENCY RESERVES FALL IN TAIWAN
(Reuter) |
Taiwan's foreign currency reserves, among the world's largest, have dropped rapidly in recent months
INDUSTRIAL OUTPUT UP IN EASTERN GERMANY
Knight-Ridder Financial |
Eastern German industrial output rose for the third consecutive month, with a 5.3 percent increase i
THE ECONOMY
SOURCE: Bureau of Economic Analysis. |
ECONOMIC INDICATORS MonthlyPercent Change NovemberCoincident index
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
BALTIC SHIPPING PUTS PHILA. ON SCHEDULE
Journal of Commerce Staff |
Baltic Shipping Co. will make regular calls at the Port of Philadelphia, port officials said Tuesday
Maritime
TORONTO PORT MAY CUT ITS STAFF BY NEARLY HALF
Leo Ryan |
The Port of Toronto is expected to lay off nearly half of its employees in 1993 in response to recom
Maritime
AMR, CANADIAN AIRLINES INK $195 MILLION DEAL
Mark B. Solomon |
AMR Corp., the parent of American Airlines, said Tuesday it will invest $195 million in Canadian Air
JOURNAL OF COMMERCE - FAST FACTS TOP TRADE IN AEROSPACE PRODUCTS
JOC Staff |
No text.
MARITIME BRIEFS
From Wire and Staff Reports |
LYKES GAINS MORE TIME TO APPEAL DOT VETOTransportation Secretary Andrew Card Tuesday said he
Maritime
DESPITE NOVEMBER SURGE, 1992 FAILS TO MEET EXPECTATIONS FOR LAKES LINES
John Boyd |
The 1992 inter-lake shipping season on the Great Lakes, which began with high hopes for strong cargo
Maritime
BESET BY WOES, AIRLINES STAGGER TOWARD '93
William Armbruster |
Asked at a mid-December luncheon what he'll remember most about 1992, American AirlinesChairman Robe
3 CARRIERS OPPOSE WAIVER FOR NAVIERAS
Tim Shorrock |
In the latest skirmish over the use of subsidized vessels in domestic ocean trades, three U.S. shipp
Maritime
HONG KONG AWAIITS UNIFIED EUROPE HOPING FOR BEST, PREPARING FOR WORST
P.T. Bangsberg |
If there's one date that takes local businessmen's minds off 1997, when Hong Kong reverts to Chinese
MARITIME COMMISSION SEEKS MORE DATA ON TAIWAN'S PROPOSED TRUCKING LAWS
Tim Shorrock |
The Federal Maritime Commission, concerned that Taiwan is moving too slowly to liberalize its trucki
Maritime
W. COAST DOCKERS PREPARE FOR BATTLE OVER CONTRACT
Allen R. Wastler |
Contract negotiations don't begin until May, but the West Coast longshoremen's union already is brac
AT 99, "TUGBOAT TESSIE' FINDS JOY AS HOSPITAL AIDE
Andy Ross |
She was the first female tugboat captain on the Great Lakes, guiding vessels up the St. Clair River
Maritime
SRI LANKA ASSIGNMENT IS NO PICNIC FOR NOL MANAGER
Mark Magnier |
Ever wondered what it might take to set up a shipping agency in Sri Lanka? Well, at the least, you'd
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Dec. 19, total piggyback freight hauled on the nation's major railroads equaled 1
US CHIP MAKERS TO PRESS CLINTON ON JAPAN TRADE
John Maggs |
Japan won't meet an agreed-upon goal of opening 20 percent of its computer chip market to foreign su
CHARTER FIRMS ELUDE INDUSTRY TURBULENCE
Knight-Ridder Financial |
While most major passenger airlines find themselves in a financial tailspin, the fortunes of their l
COMMUNICATION HELD KEY TO INTERMODAL TRUCKER SURVEY STRESSES RELATIONSHIPS
Kevin G. Hall |
Greater communication with terminal operators and steamship lines must occur if growing demands by s
BOEING UNIT SETTLES CLAIM OVER NAVY PACTS
Knight-Ridder Financial |
ArgoSystems Inc., a Sunnyvale, Calif., subsidiary of Boeing Co., paid $3.8 million to resolve a fede
UPS LANDS PENNEY'S PACKAGE BUSINESS $160 MILLION DEAL TO HURT ROADWAY
Mark B. Solomon |
J.C. Penney Co. and United Parcel Service soon will sign a multiyear contract turning over to UPS al
COST OF CREDIT
JOC Staff |
Tuesday, Dec. 29, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
LABOR GROUPS SUCCEED IN BID TO DELAY SALE OF RAIL LINES
Stephanie Nall |
Rail labor groups have persuaded the Interstate Commerce Commission to put off the saleof two short-
EX-AIRPORT SECURITY CHIEF IN NY CHARGED WITH FRAUD
(Reuter) |
The former head of New York's Airport Security Council has been charged with using more than $50,000
CLARIFICATION
JOC Staff |
The story "Activation of Four LNG Tankers to Create 150 U.S. Seafaring Jobs," on Page 1A on Monday,
LOCKHEED, RUSSIA FIRM INK SPACE VENTURE
(Reuter) |
Lockheed Corp. said it formed a commercial space venture with Russia's Khrunichev Enterprise to vie
COURT DELAYS DEREGULATION OF TRUCKING IN MICHIGAN
Dane Hamilton |
This week will bring in a new year, but it will be business as usual for Michigan truckers Friday.
RUSSIA SAID TO HAVE DEFAULTED ON INTEREST OWED TO S. KOREA
Knight-Ridder Financial |
Russia has defaulted on a US$6.3 million interest payment to South Korea, placing negotiations on fu
JAPANESE DUMP ELECTRIC TOOLS IN THE US, COMMERCE SAYS
Knight-Ridder Financial |
The Commerce Department Tuesday announced, in a preliminary ruling, that Japanese companies are sell
POST OFFICE DELIVERS 102-DAY PRIORITY SERVICE
Knight-Ridder Newspapers |
A priority mail service advertised as taking two days can be expected to foul up on occasion. But af
US DOLLAR UNCHANGED AS RALLY LOSES STEAM
Knight-Ridder Financial |
The U.S. dollar was essentially unchanged Tuesday against key foreign currencies, after being unable
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
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