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TRADE BRIEFS
From Wire and Staff Reports |
BILL WOULD HIKE ABILITY TO BLOCK ACQUISITIONSTwo House members introduced legislation Monday
Maritime
AIR CANADA SETS ITS SIGHTS ON FORGING INTERNATIONAL ALLIANCES
Ira Breskin |
Air Canada has designs on the altar, but isn't in any rush to get there. Claude I. Taylor, A
US-JAPAN CHIP TALKS TO RESUME AT WEEKEND
Knight-Ridder Financial |
U.S. and Japanese officials broke off talks on a new semiconductor trade agreement this past weekend
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
LATIN FINANCE MINISTERS WALK POLITICAL HIGH WIRE
(Reuter) |
The downfall of Brazil's economy minister last week was as inevitable for many Latin Americans as th
Maritime
JAPANESE REFINERS SHOULD BE FREE TO EXPAND CAPACITY, ECONOMIST SAYS
Knight-Ridder Financial |
While the Persian Gulf war demonstrated that Japan's ability to withstand oil-supply shocks has vast
JAPAN EXPECTS LNG DEMAND TO INCREASE
Knight-Ridder Financial |
Japan's demand for liquefied natural gas will reach 57 million tons in 2010, up from 33 million in
ACCIDENTS COULD PUSH OIL PRICES OUT OF NARROW TRADING RANGE
Abudi Zein |
A series of refinery accidents, and the sensitive reaction of the market to the explosions and fires
GLOBAL ENERGY MARKET VULNERABLE TO SUPPLY DISRUPTION, ANALYSTS WARN
Mark Magnier |
Any unexpected disruption in energy supply over the near-term could seriously affect the global ener
PEOPLE - CHEMICALS
From Wire and Staff Reports |
BRISTOL-MYERS SQUIBB CO. (New York) - Michael E. Autera, executive vice president and chief financia
CORRECTION
JOC Staff |
The story headlined "S&P Study Focuses On Insurer Solvency," which appeared on Page 9A in The Journa
VA. DEPARTMENT SEIZES FIDELITY BANKERS LIFE
Brigitte Maxey |
The Virginia Insurance Department seized control of Fidelity Bankers Life Insurance Co. of Richmond,
QUOTA WATCH
JOC Staff |
Textile Quotas to Watch as of May 10, 1991* Country Category Description
Maritime
SAUDIS SEEN USING RESERVES, BORROWING TO COVER BUDGET GAP
Knight-Ridder Financial |
Saudi Arabia is expected to draw on its reserves or resort to foreign borrowing to finance an estima
RAIL TRAFFIC FELL 8.6 PERCENT IN APRIL AS ALL COMMODITY GROUPS OFF
Lawrence H Kaufman |
Economists who use railroad traffic data as a coincidental indicator of the industrial production c
NORTH CAROLINA RACES TO DEVELOP MASSIVE CARGO HUB OFFICIAL PROMOTES STATE AS 'LOGICAL'
Craig Dunlap |
North Carolina government officials believe the state has taken the lead toward the development of a
PARIS CONFERENCE TO FOCUS ON INTERNATIONAL SUBJECTS
Journal of Commerce Special |
Do markets develop differently if there is one regulator for futures and securities? Where should th
INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS Opportunities in the Pacific Rim. May 15. Orange, Calif. Contact Orange Count
Maritime
JOFC INDUSTRIAL PRICE INDEX RISES ON SIGNS OF RECOVERY
Howard Simon |
The Journal of Commerce Industrial Price Index edged higher last week amid signs of economic recover
KOHL WANTS CHEMICAL WORKERS CUT
(Reuters) |
Chancellor Helmut Kohl, meeting with eastern German workers for the first time since unification, vo
HONG KONG EXPORT INSURER'S BUSINESS JUMPS 18 PERCENT
P.T. Bangsberg |
Business at the local export insurance agency soared as sellers scurried for cover against a backdro
SAN FRANCISCO UNIONS SLAM REORGANIZATION PLAN
Allen R. Wastler |
Clerical and maintenance unions are in an uproar over the Port of San Francisco's plans to reorganiz
Maritime
SPOT COMMODITIES
JOC Staff |
May 10, 1991 Included are list prices of suppliers. Quotations do not necessarily represent
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May. 10, 1991 Prices in the spot chemicals table include spot quotations or list price
COMMODITY BRIEFS
From Wire and Staff Reports |
S. KOREAN RICE TRADE WITH N. KOREA DELAYEDSEOUL, South Korea - A South Korean company's 5,00
ENERGY BRIEFS
From Wire and Staff Reports |
IRAN HOPES TO SELL OFF FLOATING STOCKS SOONNational Iranian Oil Co. expects to have sold its
TEXAS COMP LAW RULED UNCONSTITUTIONAL
Laura Raley Borda |
Organized labor dealt a setback to Texas' new workers compensation reform law week, when a state dis
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
FAST SEALIFT CARGO-HANDLING IDEAS SOUGHT
Journal of Commerce Staff |
An Annapolis, Md., research firm is seeking ideas about cargo-handling systems for use in a fast sea
Maritime
COST OF CREDIT
JOC Staff |
Fri., May 10, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
BALTIC FREIGHT INDEX
JOC Staff |
1636 (May 10, 1991) Previous day - 1633 The Baltic International Freight Futures Market in L
Maritime
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange May 10, 1991Dubai Crude Oil - (Dollars Per Barrel)
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) May 10, 1991Bid AskedCopper-G
ASIAN FUTURES
JOC Staff |
May 10, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond,
FOREIGN COMPETITORS SNAPPING AT US' HEELS
Gordon Platt |
Futures exchanges in Europe and Asia pose a growing challenge to U.S. dominance of the futures and o
JAPANESE INVESTORS HOLD ON TO US BONDS SOME OBSERVERS ARE SKEPTICAL
(Reuter) |
Defying expectations, big Japanese investors appeared Friday to be holding on to the 30-year U.S. go
US DOLLAR WILL BE BOOSTED BY TALK OF RATE CUTS ABROAD, TRADERS SAY
Gordon Platt |
Expectations of interest rate cuts in Japan, Britain, France, Italy, Spain and Australia in the week
ENERGY AGENCY WARNS OF WEAKNESSES IN SUPPLY IN WORLD TANKER MARKET
Janet Porter |
The International Energy Agency warned tanker owners here Thursday that dangerously low levels of sp
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
ILLINOIS CENTRAL DROPS BID FOR MIDSOUTHThe Interstate Commerce Commission accepted the Illin
THAILAND RESPONDS TO CHAMBERS' WISH LIST
Kenneth J. Stier |
In a continuing effort to show its responsiveness to foreign businesses, the interim Thai government
Maritime
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