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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
MULTIPLE SHIPPERS COULD SIGN DEALS ON RATE DISCOUNTS UNDER FMC PLAN
WILLIAM DiBENEDETTO |
The Federal Maritime Commission has proposed a new way for two or more unaffiliated shippers to nego
Maritime
LAST-DITCH DEAL SOUGHT IN US-EC FARM DISPUTE
John Boyd |
Top agriculture officials for the United States and the European Community on Monday tried to cobble
COST OF CREDIT
JOC Staff |
Monday, Nov. 2, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
CARGO VOLUME ON PACIFIC LINES PREDICTED TO INCREASE BY 2 PERCENT TO 5 PERCENT
A.E. Cullison |
Freight volumes on trans-Pacific liner routes will grow between 2 percent and 5 percent through next
Maritime
29 GOVERNMENTS URGE G-7 TO PUSH FOR GATT DEAL
John Zarocostas |
Twenty-nine industrialized and developing nations sent a communique to leaders of the world's seven
UK BANK GOVERNOR URGES CAUTION IN EC MONETARY PACT
Keith M. Rockwell |
The turmoil created in exchange rate markets in recent months underscores the need for caution befor
NAVY SHIP'S SKIPPER IS A WOMAN, A FIRST
Mark Thompson |
Darlene Iskra, a steaming mug of coffee in her hand, sits in the wardroom of the salvage ship USS Op
Maritime
PLAN MAY SAVE SAN PEDRO YARD
Knight-Ridder Newspapers |
A City Council committee offered a last-minute plan to save Todd Shipyards Corp.'s former San Pedro
Maritime
SUPREME COURT DENIES REVIEW IN DEATH CASE
Journal of Commerce Staff |
The U.S. Supreme Court Monday let stand a lower court decision that sent a Filipino seaman's wrongfu
Maritime
DOLLAR SURGES ON PROSPECTS OF CLINTON ELECTION WIN
Journal of Commerce Staff |
The U.S. dollar resumed its surge Monday on the expectation of a Clinton victory at the polls, gaini
APL AND UNION SETTLE PENSION SUIT
Journal of Commerce Staff |
A federal judge Monday signed a settlement of a lawsuit over an investment fiasco that cost a major
Maritime
NORWAY SEES DROP IN VALUE OF SHIP FLEET
Janet Porter |
The value of the Norwegian merchant shipping fleet has fallen sharply over the past few months, refl
Maritime
PEOPLE - MARITIME
Wire and Staff Reports |
McLANE, GRAF, RAULERSON & MIDDLETON (Portsmouth, N.H.) - Kenneth H. Volk joined as counsel to the fi
Maritime
HONG KONG BUSINESS MOOD GETS BOOST FROM US-CHINA TRADE DEAL
Nicko Goncharoff |
Improved U.S.-China trade ties have Hong Kong businesses upbeat about the next quarter despite a lul
FED DENIES IT WILL WEIGH FULL DISCLOSURE OF MEETINGS
Knight-Ridder Financial |
House Banking Committee Chairman Henry Gonzalez, D-Texas, said Monday the Federal Open Market Commit
MALAYSIA CENTRAL BANK EXPANDS IN MARKETS OUTSIDE ASIA
Knight-Ridder Financial |
Bank Negara, Malaysia's central bank, is expanding its presence in late European and New York market
MEMBER DEFAULT SINKS CAMBODIAN LOAN CLUB
Scott Takushi |
Masiek Seng organized a loan club with other Cambodian immigrants. The club failed, Mr. Seng says, w
CLINTON ECONOMIC ADVISERS AT ODDS ON HOW TRANSITION WOULD BE HANDLED
Peter G. Gosselin |
After news reports noted that Bill Clinton's advisers were studying whether to advocate jump-startin
SWISS EVENLY DIVIDED AHEAD OF EEA VOTE, SURVEY FINDS
(Reuter) |
Swiss voters are evenly divided on whether to join the 19-nation European Economic Area, with oppone
CANADA INDICATOR UP 0.4 PERCENT FROM JULY FIGURE
Knight-Ridder Financial |
Canada's composite leading indicator in August rose 0.4 percent from July to 146.4, Statistics Canad
BRAZIL'S VASP FIGHTS ECONOMIC HEAD WINDS
James Bruce |
In a financially and politically triggered feeding frenzy, Brazilian creditors are closing in on thi
HARSH CANADIAN ECONOMY FORCES IMMIGRANTS TO RETURN TO HONG KONG
(Reuter) |
The poor North American economy is forcing hundreds of Hong Kong immigrants to leave their families
CZECHOSLOVAK AIRLINES HOPES TO SURVIVE RECESSION AND BREAKUP CARRIER EXPECTS A SMALL PROFIT
Milan Ruzicka |
Aided by western cash, know-how and several new jetliners, Czechoslovak Airlines (CSA) hopes to surv
RETIRING LA MAYOR URGES SUCCESSOR TO FOCUS ON PACIFIC RIM TRADE ROLE
Kevin G. Hall |
The next mayor of the largest city on the U.S. West Coast must understand Southern California's impo
Maritime
LA AIRPORT FUND DIVERSION TO BE DECIDED AT THE POLLS
Kevin G. Hall |
When voters across the nation go to the polls today to elect a president and other politicians, Sout
SOFTWARE FIRMS TAKE PIRACY FIGHT TO CHINESE FORUM
P.T. Bangsberg |
An American computer industry group seeking to stamp out piracy of software programs holds its first
Maritime
NWA SEEKS OK TO SELL SOME ASSETS
Journal of Commerce Staff |
NWA Inc., parent of Northwest Airlines, plans to ask its banks for approval to sell some of its asse
BUSINESS TRIES TO CHANGE FRANCE'S IMAGE
(Reuter) |
Belying its image as a place of fun, food and fashion, France is also the world's fourth-largest ind
Maritime
OAKLAND OFFICIALS UNITE TO PUSH HIGHWAY PLAN
Journal of Commerce Staff |
Maritime and business interests in Oakland, Calif., are banding together toshift a stalled h
HONG KONG LOSES CHINESE-BACKED REAL ESTATE DEAL
Knight-Ridder Financial |
What would have been Hong Kong's second largest real estate deal of 1992 fell apart over the weekend
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
AUSTRALIA UNDERTAKES MAJOR TASK OF CREATING NATIONAL RAIL SYSTEM
Mark Magnier |
The struggle over the past decade to link U.S. railroads with ports and cargo ships in an efficient
TRANSPORT BRIEFS
From Wire and Staff Reports |
TAIWANESE TO HELP BUILD RAILWAY LINE IN CHINATAIPEI, Taiwan - A Taiwanese investment
AUSTRALIA SUES TNT, MAYNE NICKLESS
Special to The Journal of Commerce |
TNT Ltd. and Mayne Nickless Transport Inc., two of Australia's major multinational transport groups,
S. AFRICAN WINE FLOWS ACROSS SAVANNAH DOCKS
Craig Dunlap |
Some 180,000 bottles of the first South African wine have flowed across the docks of Savannah, Ga.,
Maritime
SUPREME COURT OKS AIRPORT EXPANSION PLAN
Journal of Commerce Staff |
The U.S. Supreme Court Monday let stand a federal appeals court's decision upholding the Federal Avi
TRADE BRIEFS
Wire and Staff Reports |
UK UNION ENDORSES BOYCOTT OF DIAMONDBritain's largest labor union endorsed an international
Maritime
BUSINESS LEADERS SEEK UK MAASTRICHT SOLUTION
Knight-Ridder Financial |
A group of 27 business leaders, in an open letter to The Times of London newspaper, have called for
Maritime
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