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UPS RECEIVES SPECIAL STATUS IN SINGAPORE
Journal of Commerce Staff |
United Parcel Service was awarded Operational Headquarters status by Singapore as part of the govern
OPEC BASKET PRICE STEADY FOR WEEK
Knight-Ridder Financial |
The price of the Organization of Petroleum Exporting Countries' basket of seven crudes stood at US$1
DAILY PETROLEUM PRICES
JOC Staff |
Monday May 18, 1992 Prevailing sellers' posted prices at the close of business, representing
QUOTA WATCH
Source: American Association of Exporters and Importers |
TEXTILE QUOTAS TO WATCH AS OF MAY 15, 1992* Country Category Description % FilledChi
Maritime
STIFFER TERMS SOUGHT IN NC INSURANCE SCAM
Knight-Ridder Newspapers |
U.S. prosecutors have asked a judge to depart from sentencing guidelines and impose stiffer penaltie
MOODY'S REVIEWS MITSUBISHI DEBT
Knight-Ridder Financial |
Moody's Investors Service placed the Aa-1 long-term debt rating of Mitsubishi Bank Ltd. and its subs
ECONOMIC DATA ABROAD
From Wire and Staff Reports |
JAPAN'S TRADE SURPLUS DOWN FROM MARCHJapan recorded a seasonally adjusted trade surplus in A
JOINT TASK FORCE TO STUDY TRADE IN US-JAPAN CARS
John Boyd |
Top U.S. and Japanese auto executives agreed here Monday to set up a joint working group to tackle t
TAIWAN AEROSPACE MAY ALTER PROPOSAL FOR MCDONNELL DEAL LEASING PLAN IS PUT FORWARD
(Reuter) |
Taiwan Aerospace Corp. could radically alter its proposal for a joint venture with McDonnell Douglas
CHINA WARNS OF COAL SHORTAGE AS PRODUCERS SLASH OUTPUT
P.T. Bangsberg |
China is likely to face a shortage of coal by the end of the year despite mountainous stockpiles and
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange May 18, 1992Residual Fuel Oil - (Dollars Per Metri
SIEMENS MAY TURN UP THE HEAT IN US POWER EQUIPMENT MART
Arthur Gottschalk |
Move over, General Electric and Westinghouse, the Germans are coming. Siemens AG of Munich,
BALTIC FREIGHT INDEX
JOC Staff |
1285 (May 18, 1992) Previous day - 1279 The Baltic International Freight Futures Market in L
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
SUPREME COURT UPHOLDS STATUS OF RIVER PILOTWASHINGTON - The Supreme Court Monday let
Maritime
ASIAN FUTURES
JOC Staff |
May 18, 1992 JAPANFinancial FuturesPrecious MetalsTokyo Commodity Ex
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,200-$1,300per
RECESSION CONTINUES TO PUMMEL FLORIDA
Laura Myers |
Florida's lackluster economy continues to lag behind the nation's, with unemployment hovering around
INSURANCE BRIEFS
Wire and Staff Reports |
HIGH COURT LETS STAND AWARD AGAINST TEXACOWASHINGTON - The Supreme Court Monday left
CHARLESTON PORT TO GET 827 ACRES FOR BOX EXPANSION
Craig Dunlap |
The South Carolina State Ports Authority agreed to pay $7 million for 827 acres on Daniel Island to
Maritime
TOP 2 OFFICIALS OUSTED AT BURLINGTON AIR
Mark B. Solomon |
The two top executives of Burlington Air Express were fired on Friday in a sudden and stunning move
CORRECTION
JOC Staff |
The story headlined "Interstate Truck Ruling Hits Texas Regulatory Agency" on Page 3B May 14 misstat
CARD TO SPEAK AT MARITIME DAY RITE
Journal of Commerce Staff |
Transportation Secretary Andrew H. Card will be the keynote speaker today during a National Maritime
Maritime
JOURNAL OF COMMERCE - FAST FACTS US RESERVE CARGO FLEET
Source: Maritime Administration |
No story.
NEW YORK CITY PLOTS MOVES TO SAVE CRUCIAL RAIL LINE ON STATEN ISLAND
Gregory S. Johnson |
In a move that could save the only rail link to the Howland Hook marine terminal, New York City is l
SHELL UNIT TO INVEST $1.1 BILLION IN BRAZIL OVER NEXT FIVE YEARS
Journal of Commerce Special |
The Brazilian subsidiary of the Royal Dutch/Shell group announced plans to invest $1.1 billion in th
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 18, 1992 No. 4/ No. 6/ No. 6/1% 1% 0.5%B
FOREIGN EXCHANGE
JOC Staff |
Quotations, provided by Citibank/New York, Foreign Exchange Desk, are offered rates of New York City
CHINA MOVES TO EASE FOREIGN EXCHANGE RULES
Knight-Ridder Financial |
China is moving to improve flexibility and coordination in the use and trading of foreign exchange,
KOREAS OPEN BORDER LIAISON OFFICES
(Reuter) |
North and South Korea established long-awaited liaison offices in the border hamlet of Panmunjom Mon
Maritime
HAITI'S POLITICAL TURMOIL SEEN TO DETER US FIRMS
Paula L. Green |
The Organization of American States' move to tighten economic sanctions against Haiti won't immediat
Maritime
VOTE ON IMF RAISES HOPE OF SWISS EC MEMBERSHIP
(Reuter) |
Switzerland, encouraged by a weekend referendum in favor of joining the World Bank and the Internati
Maritime
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Friday at 210.81 up 0.15 which compares wi
PLATINUM MAKERS TARGET EUROPEAN AUTOMOBILE MARKET
Howard Simon |
The platinum industry has targeted the European auto market as the next growth area for the metal, J
INTERNATIONAL CUSTOMS OFFICIAL SAYS US ISN'T SHOWING "MORAL LEADERSHIP'
Richard Lawrence |
The United States was chided Monday for failing to provide enough support for efforts to improve and
NOL SELLS MULTI-USE VESSEL TO THAILAND'S LAEMTHONG LINES
Journal of Commerce Staff |
Neptune Orient Lines Ltd. said it has sold its Neptune Turquoise vessel to Thailand's Laemthong Inte
Maritime
COMMERCIAL INSURANCE CONTINUES TO FALTER
Brigitte Maxey |
Most property and casualty insurance companies continue to post poor returns for their commercial li
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange May 18, 1992Prev. Life of Contr. OpenOpen High Low
INTERNATIONAL BUNKER PRICES
JOC Staff |
Journal of Commerce Special LONDON - The following is the list of bunker prices obtained dur
SAILORS FACE COURT MARTIAL ON CHARGES OF HARASSMENT
(Reuter) |
Two sailors accused of sexual harassment at a U.S. Navy air station photography school in Florida ma
Maritime
FREIGHT RATE FUTURES
JOC Staff |
May 18, 1992 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
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