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CHINA HALTS CREATION OF OPEN ECONOMIC ZONES
Knight-Ridder Newspapers |
China's State Council, in a bid to prevent further economic overheating, has temporarily banned the
EX-IM BANK TO EXPEDITE SOME LOAN GUARANTEES
Journal of Commerce Staff |
The Export-Import Bank announced a new program Tuesday to expedite its guarantees of commercial bank
CONSUMER PRICES FELL IN TAIWAN FOR MONTH
Knight-Ridder Financial |
Taiwan's consumer price index was 104.47 in December, falling 0.65 percentfrom November but
*SPOT COMMODITIES
JOC Staff |
Jan. 5, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
COMPETITION HITS LYKES' REQUEST FOR DOT REVIEW
WILLIAM DiBENEDETTO |
Lykes Bros. Steamship Co.'s request to have Transportation Secretary Andrew Card reconsider a ship a
Maritime
TRANSPORT BRIEFS
From Wire and Staff Reports |
BOEING, DAIMLER-BENZ DISCUSS 600-SEAT JETSEATTLE - Boeing Co. said Tuesday it is in
FROZEN RIVERS HINDER TRAFFIC IN GERMANY
Special to The Journal of Commerce |
Transport activities on Germany's inland waterways came to a halt in many parts of the country as te
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 5, 1993 Quotations are based on prices reported in the market or obtained
$1 BILLION IN LOSSES SEEN FROM NOR'EASTER, ICE STORM
Margo D. Beller |
The Nor'easter that hit the Atlantic coast in mid-December and an ice storm that stopped traffic col
SOUR CRUDE OIL PRICES TUMBLE ON SELLING SPREE
Knight-Ridder Financial |
Prices for U.S. sour crude oil tumbled Tuesday amid a heavy selling spree by major companies into a
ENERGY BRIEFS
From Wire and Staff Reports |
VENEZUELA KEEPS ALIVE GAS PRODUCTION DEALCARACAS, Venezuela - Negotiators have managed to ke
MANILA OPENS ENERGY SECTOR TO FULL FOREIGN OWNERSHIP
Knight-Ridder Financial |
In a major policy shift, the Philippine government will open energy concerns to full foreign ownersh
BALTIC FREIGHT INDEX
JOC Staff |
1364 (Jan. 5, 1993) Previous day - 1368 The Baltic International Freight Futures Market in L
Maritime
TRADERS DOUBT S. KOREAN WON WILL REBOUND THIS YEAR
Peter Moreira |
South Korean currency dealers say they believe the won will stabilize or depreciate against the U.S.
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
STATEMENT OF SUPPORT FOR ERM LIFTS CURRENCIES AGAINST DOLLAR
Knight-Ridder Financial |
A German-French statement Tuesday in support of the embattled European exchange rate mechanism lifte
ROUGH WEATHER BLOCKS OIL CLEANUP EFFORTS
Alan Abrams |
With near-hurricane weather conditions off Scotland, cleanup crews have little hope of recovering oi
EMPRESA JOINT SERVICE TO CALL WILMINGTON
Craig Dunlap |
The Port of Wilmington, N.C., which won over larger northern and southern ports, was added as a dire
Maritime
CALIF. FIRM BUYS STAKE IN WASH. TIMBER COMPANY
Rob Tucker |
A San Francisco investment company has purchased controlling interest in Plum Creek Timber Co., one
SANTA FE RAILWAY COMPLETES SALE OF BRANCH LINES IN KAN., OKLA.
Journal of Commerce Staff |
Atchison, Topeka and Santa Fe Railway Co. has closed the sale of 887 miles of branch lines in Kansas
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
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
CANADA POISED TO FIRE SALVO IN STEEL SKIRMISH WITH US
Leo Ryan |
Canada is poised to fire the first volley today in an anticipated bitter bilateral steel trade war t
Maritime
EPA RULING BANS USE OF CFCS IN A NUMBER OF NEW PRODUCTS
(Reuter) |
The Environmental Protection Agency has banned the use of ozone-depleting chlorofluorocarbons in aer
CHINA SEES CONTINUED GROWTH DESPITE PRESSURES
Sandy Hendry |
Chinese officials believe the nation will maintain its blistering growth in 1993 despite infrastruct
Maritime
INTERMODAL MARKETERS AGREE TO MANAGE CONRAIL SHIPMENTS ON ROUND-TRIP BASIS
Rip Watson |
Consolidated Rail Corp. and Chicago-based Alliance Shippers have agreed on a plan that would make th
CALIF. INSURERS AWAIT RULING ON RATE ROLLBACK CHALLENGE
Kevin G. Hall |
Still smarting from a major December defeat, California insurers hope January will be kinder as they
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Jan. 5, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
MASTERS UNION ENDS IMPASSE, RE-ELECTS TOP OFFICERS
Tim Shorrock |
Members of a key maritime officers union ended nearly five years of gridlock by re-electing the top
FREIGHT RATE FUTURES
JOC Staff |
Jan. 5, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
BOX SHIPPING OUTLOOK BLEAK, DREWRY SAYS
Janet Porter |
The Trans-Atlantic Agreement by 11 ship lines will have a "dramatic effect" on carriers' profitabili
ECONOMIC INDICATOR RISES IN CANADA
Knight-Ridder Financial |
Canada's composite leading indicator in October rose 0.5 percent from September to 147.8, Statistics
ASIAN FUTURES
JOC Staff |
Jan. 5, 1993 JAPANFinancial FuturesPrecious MetalsTokyo Commodity Ex
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Monday at 201.26 Dn 1.50 which compares wi
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago1/5 1/4 Change % Change: 12/
TRADERS SEE FEW REASONS FOR CHINA TO BUY US WHEAT
Jennifer Allen |
Despite renewed speculation that China may make a large purchase of U.S. wheat soon, trade sources i
ILA LOCAL ALLEGES FLORIDA PORT MISHANDLED CRANE CONTRACT TALKS STRACHAN SHIPPING ALSO FILES PROTEST
Craig Dunlap |
The dockworkers union local representing crane maintenance workers in South Florida has filed a laws
Maritime
COMMODITY BRIEFS
Wire and Staff Reports |
CHILE COPPER SMELTER FACING THREAT OF STRIKESANTIAGO, Chile - A strike is possible i
EPA TOXIC RELEASE INVENTORY TARGETS N. INDIANA POLLUTION
Chris Isidore |
Inland Steel Co. is the worst polluter in Indiana and its toxic discharges in 1990 were far worse th
RUSSIA MOVES TOWARD REORGANIZATION OF OIL COMPANIES, ENERGY MINISTRY
Paolo Berbotto |
The Russian government is moving to set up new vertically integrated joint- stock oil companies in c
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