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WESTERN INVESTORS GROW WARY OVER CZECHOSLOVAK POLITICAL CONFUSION
Milan Ruzicka |
Western investors are putting projects on hold as Czechoslovakia's already hazy political landscape
Maritime
"DARWINIAN ECONOMICS' TAKES TOLL ON AGENCIES
Russ Banham |
Darwinian economics is squeezing the distribution side of the insurance business, causing the demise
SOME US BROKERS, AGENTS FEAR EFFECTS OF FOREIGN TAKEOVERS
Russ Banham |
The continuing takeovers of U.S. insurance companies by foreign carriers have some agents and broker
DAMAGE FROM ANDREW CALLED UNDERESTIMATED
Knight-Ridder Newspapers |
Moody's Investors Service said in a report that it expects Hurricane Andrew to ultimately cost "two
SKANDIA WITHDRAWS REINSURANCE UNIT SHARE OFFER
Brigitte Maxey |
Skandia Group Insurance Co. withdrew its plan to offer public shares in its U.S. reinsurance subsidi
FOREIGN EXCHANGE
JOC Staff |
Quotations, provided by Citibank/New York, Foreign Exchange Desk, are offered rates of New York City
LINES FEAR ATFI RULE WILL SPUR UNDERCHARGE CLAIMS PROBLEMS MAY LOOM ON RATE DISCREPANCIES
Tim Shorrock |
Ship lines fear they will face a legal nightmare over contested freight rates if the Federal Maritim
Maritime
EXPORT-IMPORT BANK APPROVES FIRST RUSSIA PROJECT LOAN
Knight-Ridder Financial |
The U.S. Export-Import Bank's board of directors has given preliminary approval to the bank's first
VANCOUVER WEIGHS HIGH-TECH OPTIONS IN SEARCH FOR TERMINAL DEVELOPER
John Davies |
From an elevated platform on the waterfront, a single longshoreman can watch five driverless trains
Transport, Trade and Regulation News
JAPAN BANK DOLLAR-BUYING INTERVENTION SEEN UNLIKELY
Chinami Miyamoto |
The Bank of Japan is not likely to intervene to support the U.S. dollar against the yen despite rece
GREENBACK TO APPRECIATE IN VALUE CONSIDERABLY IN THE MONTHS AHEAD
Peter M. Tirschwell |
The U.S. dollar will remain fixed in a narrow trading range this week due to continuing uncertainty
HIGH-TECH CZAR PROPELS INDONESIA TOWARD STATUS AS FIRST-WORLD NATION
Michael Di Cicco |
B.J. Habibie bounces around his boardroom like a typhoon. "We're building this," he says, ru
Maritime
INDIA'S PARADIP JOINS HUNT FOR PRIVATE INVESTORS
N. Vasuki Rao |
The Port of Paradip in eastern Orissa state soon will seek participation from the private sector and
Maritime
ENERGY OUTLOOK - DALE STEFFES NATURAL GAS MARKET DOES NOT NEED DATA FROM GOVERNMENT
Dale Steffes |
In early September, the Department of Energy and the Federal Energy RegulatoryCommission iss
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Thurday at 201.32 up0.96 which com
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago10/2 10/1 Change % Change: 9/9
INSURANCE BRIEFS
From Wire and Staff Reports |
CALIF. GOVERNOR QUASHES 2 INSURANCE PROGRAMSSACRAMENTO, Calif. - Gov. Pete Wilson la
INSURANCE LEADERS, AGENTS MEET FOR 4 DAYS OF WORK, FUN IN SUN
Special to The Journal of Commerce |
More than 1,400 insurance industry executives and agents will be attending this week's joint Nationa
FRENCH PROPERTY SLUMP PROMPTS HIKE IN BANK'S DEBT PROVISIONS
Special to The Journal of Commerce |
Banque Worms has been hit by a slump in the French property market, particularly in Paris. The bank
REDCOM LABS INC.
JOC Staff |
DATE OF AWARD: "E" Award in 1992.WHY THE AWARD WAS GIVEN:In the internationa
Maritime
HOUSE CLEARS APPROPRIATIONS BILL WITH 1993 FUNDING FOR MARAD, FMC
WILLIAM DiBENEDETTO |
The House Thursday approved fiscal year 1993 funds for the Maritime Administration and the Federal M
Maritime
APL LAND, CN TO LINK US, CANADA AND MEXICO
Leo Ryan |
California-based APL Land Transport Services and CN North America Thursday announced a new intermoda
SHIP INSPECTION COSTS TO CLIMB UNDER NEW PLAN
Alan Abrams |
Shipowners will have to spend more on safety inspections under a new plan developed by the Internati
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
BALTIC FREIGHT INDEX
JOC Staff |
1034 (Oct. 1, 1992) Previous day - 1041 The Baltic International Freight Futures Market in L
Maritime
ARGENTINA TO UPGRADE PARANA RIVER CHANNELS
Knight-Ridder Financial |
Argentina will upgrade and widen two main Parana River shipping channels and lease the maintenance o
Maritime
LARGE HIKE IN CANADIAN INTEREST RATE STUNS BUSINESS
Leo Ryan |
Canadian business leaders are shaking their heads in dismay over a sudden and unprecedented two-poin
BANKER'S GUILTY PLEA THROWN OUT IN IRAQI SCANDAL
(Reuter) |
A federal judge agreed Thursday to throw out the guilty plea of the former Atlanta branch manager of
US BACKS AWAY FROM SANCTIONS AGAINST EUROPE IN SUBSIDIES DISPUTE
Keith M. Rockwell |
The United States backpedaled Thursday from its earlier warnings and opted not to hit the European C
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
FRANCE SETS 6.4 PERCENT RISE IN 1993 FARM BUDGETThe 1993 French budget bill targets an incre
JAPAN NAPHTHA PRICE EXPECTED TO HOVER NEAR $195 A TON
Knight-Ridder Financial |
Relatively firm crude prices are expected to keep the price of naphtha delivered in Japan at around
COURT RULING SINKS ICC'S INTERIM PLAN TO END BINGO STAMPS
Dane Hamilton |
The U.S. Court of Appeals for the District of Columbia late Wednesday blocked enactment of the Inter
AEROFLOT DENIES N.AMERICAN VENTURE WILL TOUCH OFF FREIGHT RATE WAR
John Boyd |
Officials of Aeroflot and the Ohio joint-venture company that hopes to operate a North American carg
Air Cargo Carriers News
TRANSPORT, TRADE, INSURANCE ISSUES ON HIGH COURT'S SCHEDULE
Tim Shorrock |
The fate of billions of dollars in claims for unpaid freight bills, millions more in maritime insura
INTERNATIONAL AIR FREIGHT TRAFFIC ROSE IN AUGUST
Special to The Journal of Commerce |
Scheduled International freight traffic in August rose by 8 percent compared with the same period la
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Sept. 30, 1992CRUDE OIL(1,000 barrels; dollars and cent
EC OFFICIAL OUTLINES ISSUES IN EXCHANGE RATE REFORMS
Knight-Ridder Financial |
EC Finance Commissioner Henning Christophersen Thursday outlined three issues that should be taken i
FOREIGN EXCHANGE
JOC Staff |
Quotations, provided by Citibank/New York, Foreign Exchange Desk, are offered rates of New York City
FRANTIC TRADERS PUSH DOLLAR UP POUND FALLS TO LOW VS. MARK
Knight-Ridder Financial |
The U.S. dollar traded sharply higher Thursday as pessimistic traders scrambled to cover short posit
CORRECTED US IMPORTS OF PEANUT PRODUCTS FROM ARGENTINA
JOC Staff |
The original version of this chart that ran on Page 1A Thursday misstated the name of the country. T
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