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MCDONNELL PERSISTENCE PAYING OFF IN CHINA
Pei-Tse Wu |
A plant that used to build fighter planes for the Chinese Air Force now assembles nose cones for McD
GROSS DOMESTIC PRODUCT ROSE BY 3.6 PERCENT IN MEXICO LAST YEAR
Knight-Ridder Financial |
Mexico's gross domestic product grew 3.6 percent in 1991, down from 4.4 percent in 1990, but still r
1ST-QUARTER EARNINGS PLUMMET AT A BEARISH AIRBORNE EXPRESS
John Davies |
Airborne Express said Monday that its profits are being eroded by carriers adopting the same cost-cu
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
JAPAN AGREES TO EXTEND CURBS ON MACHINE TOOL EXPORTS TO US
A.E. Cullison |
The United States and Japan have agreed to extend voluntary curbs on Japanese machine tool exports t
Maritime
TRADE AT A CROSSROADS THAT MAY LEAD TO REBIRTH _ OR PROTECTIONISM, HILLS SAYS
(Reuter) |
The world trade system is at a crossroads that will lead either to open markets and an "economic ren
Maritime
HIGH COURT LETS DECISION STAND NOT TO REVIEW UPS FIREWORKS BAN
Geoffrey H. Brown |
The U.S. Supreme Court Monday let stand a lower court's decision not to review an Interstate Commerc
FATE OF TRADE TALKS RESTS WITH MEXICO, BUSH AIDE SAYS
John Maggs |
Mexico controls the pace of the North American free trade talks, and only its willingness to comprom
Maritime
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Apr. 27, 1992Bid AskedCopper_
DROUGHT FORCES SUGAR PRODUCERS TO CUT SOUTH AFRICAN CROP ESTIMATES
Knight-Ridder Financial |
South Africa's sugar producers have lowered their estimates for the 1992-93 sugar crop, which has be
HIKES IN NATURAL GAS OUTPUT COULD THREATEN PRICE REBOUND
Pamela Conway |
Some U.S. natural gas producers, including Coastal Corp. and several smaller companies, said they pl
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Apr. 27, 1992Residual Fuel Oil - (Dollars Per Metr
MARITIME BRIEFS
Wire and Staff Reports |
TRUCKERS IN TALKS TO END NEW ORLEANS WALKOUTA group of independent container haulers continu
Maritime
3 LARGE INSURERS' RATINGS REDUCED IN BEST'S '92 LIST
JOC Staff |
A.M. Best Co. released Monday the 1992 Best's Ratings for 137 insurance companies, including seven l
PACIFIC MUTUAL BACKED AS BUYER OF FIRST CAPITAL
Journal of Commerce Special |
Newport Beach-based Pacific Mutual Life Insurance Co. was recommended to Los Angeles Superior Court
13 FORMER SOVIET STATES CLEARED FOR IMF, WORLD BANK MEMBERSHIP
Richard Lawrence |
All but two of the 15 former Soviet republics were cleared Monday for membership in both the Interna
DESERT STORM CONVERTED SKEPTICS TO CONTAINERIZATION
Journal of Commerce Special |
The containerization of military equipment received its first full-scale test during the unprecedent
US INLAND PORTS ADDING PUNCH TO SPRUCE UP CARGO VOLUMES
Chris Dupin |
A handful of "inland ports" have been set up by port authorities around the country, mainly as marke
RATES UP SHARPLY FOR LARGE TANKERS SHIPBROKERS SAY RECOVERY MAY BE SHORT-LIVED
Janet Porter |
Freight rates for large tankers have soared over the past few weeks, fueled by sudden increased dema
COST OF CREDIT
JOC Staff |
Monday, April 27, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
ECONOMISTS SEE NARROWING OF US-EUROPEAN YIELD GAP
John J. Duffy |
Yield spreads between U.S. and European government bonds will converge further in the months ahead,
CATHOLIC CHURCH SEEKS RECLAIMED POLISH PROPERTY
Chicago Tribune |
There's a struggle going on in downtown Warsaw, a little battle over a square block of land.
SAFEWAY SETTLES DISPUTE WITH N. CALIF. WORKERS
Allen R. Wastler |
Safeway Inc., a grocery store chain based here, has settled a dispute with its northern California t
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Friday at 206.76 off0.85 which com
ZAMBIAN MINISTER ACTS TO ALLAY FEARS OVER CORN SHORTAGES
Simon Clow |
Corn shortages are creating tensions in many African producing countries. But Zambia, which relies h
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago4/27 4/24 Change % Change: 4/3
SPOT COMMODITIES
JOC Staff |
Apr. 27, 1992 Included are list prices of suppliers. Quotations do not necessarily represent
US FIRMS INK VENTURE IN CHINA TO CREATE POLYESTER CHIP PLANT
P.T. Bangsberg |
In a rare cooperative venture, American, Japanese and Chinese companies are joining forces to create
FRENCH DOCKERS RESUME WORK UNTIL MEETING WITH GOVERNMENT
Journal of Commerce Special |
French dockers called off their national strike Monday after nearly paralyzing the country's ports f
Maritime
LIQUIDATION OF 2 AGENCIES SOUGHT IN LA.
Journal of Commerce Special |
Louisiana Insurance Commissioner Jim Brown has asked a state court to liquidate Liberty Underwriters
CALIF. QUAKE DAMAGE APPROACHES $50 MILLION
(Reuter) |
California's powerful weekend earthquake injured 94 people, caused nearly $50 million in damage and
COURT WON'T DISMISS SUIT AGAINST AETNA
Margo D. Beller |
A California Superior Court judge denied Aetna Casualty & Surety Co.'s motion to dismiss a suit brou
BANK UNCERTAINTY SPURS CAPITAL FLIGHT IN PERU
Suzanne Timmons |
Peruvian companies have transferred about US$200 million (206 million new sols) out of the country s
IN FORMER EAST GERMANY, ALMOST EVERYTHING IS FOR SALE
Alex Beam |
Erich Honecker slept here. So did French Communist Party boss Georges Marchais. Small wonder
FRENCH NEAR FINISH LINE OF PORT DEVELOPMENT
Jacques Neher |
France appears to be in the home stretch of a two-year effort to overhaul its law for dock labor, a
MILITARY DECLAARES 1992 YEAR OF THE CONTAINER
Douglas C. Harper |
Containerization, which received its baptism by fire during the crisis in the Persian Gulf, is assum
QUALITY BECOMES A NEW PRIORITY FOR RAILROADS
Richard Leonard |
Quality is a new priority at U.S. railroads, and it is more than a ploy. There has been a gr
CURTAIN GOING UP ON INTERMODAL EXPO
Ira Rosenfeld |
The International Intermodal Expo, the industry's annual coming-out party, begins here this afternoo
SOUTH KOREA VOWS TO LIBERALIZE ITS SHIPPING MARKET
A.E. Cullison |
In response to increasing Japanese pressures, the South Korean government promised it will liberaliz
Maritime
SKYROCKETING BUDGET DEFICIT IMPERILS RUSSIA'S ECONOMIC REFORM PROGRAM
(Reuter) |
Russia's radical economic reform program is in danger of being derailed by a soaring budget deficit,
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