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US CHIP MAKERS GAIN WORLD MARKET SHARE
From Wire Reports |
U.S. computer chip makers picked up business at the expense of their Japanese competitors last year
Maritime
INSURANCE BRIEFS
JOC Staff |
AMERICAN GENERAL BUYS SHARES OF TRAVELERSNEW YORK - Officials at American General Corp. conf
AUTO INSURERS WATCH CASE CHALLENGING NEW MASS. LAW
TOM McNIFF Jr. |
Automobile insurers will closely watch a federal court case that challenges as unconstitutional a Ma
ASIAN FUTURES
JOC Staff |
Jan. 4, 1991 JAPANFinancial Futures*Japanese Gov't BondsPer 10-year, 6% bond
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Jan. 4, 1991*Brent Crude Oil - (Dollars Per Barrel)
LAS VEGAS AIRPORT SET TO OPEN NEW RUNWAY
Wayne Lee |
McCarran International Airport will open a new $60 million runway on Jan. 12. The new 8,900-
DRIFTING MINES COULD THREATEN MERCHANT SHIPPING IN PERSIAN GULF
From Wire Reports |
Mines found drifting near Saudi Arabia's offshore oil fields may pose a new threat to Persian Gulf s
Maritime
VIETNAM GETS BOEING JET DESPITE US TRADE BAN
Michael Di Cicco |
Vietnam Airlines has skirted a U.S. embargo and leased a Boeing Co. jet, which Hanoi hopes will bols
FURTHER RISE FORESEEN IN SHIP WAR-RISK RATES
Bruce Vail |
Shipowners sending their vessels to the Middle East are expecting war-risk insurance prices to rise
DAILY PETROLEUM PRICES
JOC Staff |
Friday Jan. 4, 1991 Prevailing sellers' posted prices at the close of business, representing
JAPAN POSTS 1ST TRADE DEFICIT WITH SOVIET UNION IN 16 YEARS
From Wire and Staff Reports |
Japan registered its first trade deficit with the Soviet Union in 16 years in 1990 as imports surged
Maritime
JAPANESE OFFICIAL PLANS CHINA VISIT THIS WEEK
From Wire Reports |
Finance Minister Ryutaro Hashimoto will visit China Jan. 8-11 in the first trip there by a Japanese
Maritime
CONTAINER CARGO GROWS 26 PERCENT AT CHINA'S PORTS
P.T. Bangsberg |
China's principal ports handled the equivalent of 1.5 million 20-foot containers, or TEUs, last year
Maritime
CANCELLATION OF PL-80 TO PAKISTAN ACCENTS DIM SOYBEAN OIL OUTLOOK
Rosalind Krasny |
Last week's cancellation of Pakistan's PL-480 vegetable oil allocation for fiscal 1991 underscores a
CHEMICAL BRIEFS
From Wire and Staff Reports |
FERTILIZER PLANT PLANNED FOR VIETNAMNissho Iwai Corp. and Ho Chi Minh City's Food Corp. will
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 4, 1991 Prices in the spot chemicals table include spot quotations or list prices
SPOT PRODUCT PRICES
JOC Staff |
Jan. 4, 1991 U.S. spot oil products price indications, sellers range, in cents per gallon, f
UKRAINIAN MINERS WARN THEY MAY HALT COAL SHIPMENTS
From Wire Reports |
Miners in the big Ukrainian coalfields on Friday threatened to halt shipments later this week unless
DON'T WRITE OFF HEATING OIL YET, SOME ANALYSTS SAY
David Bird |
Warm winter temperatures, high inventories and declining demand have turned futures market analysts
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
HOW TO USE: These*trade*leads are supplied through the*World*Trade*Center*NETWOR K's FAX PORT, a ser
Maritime
LONGVIEW TO STUDY INDUSTRIAL PARK
Journal of Commerce Special |
The Port of Longview and the city of Longview said they plan a joint feasibility study on the develo
Maritime
FAA REACTIVATES WAR-RISK COVERAGE FOR FLIGHTS IN PERSIAN GULF REGION
Lorraine Iannello |
Responding to the Kuwait crisis, the Federal Aviation Administration reactivated its aircraft war-ri
SOUTHERN CHINA CITY TO ISSUE FIRST BOND IN FOREIGN CURRENCY OFFICIAL SAYS MOVE IS AN EXPERIMENT
From Wire Reports |
China's southern city of Shenzhen, designated as a special zone for dabbling in capitalism, will lau
TIN PRODUCERS' GROUP: LOW PRICES TEMPORARY
From Wire Reports |
Tin prices are likely to rise after March when export quotas start to have an effect on world supply
INDUSTRIAL PRICE INDEX FALLS ON DECLINE IN CRUDE OIL PEACE PROSPECTS IN MIDEAST CITED
Howard Simon |
The Journal of Commerce Industrial Price Index fell last week amid declining oil prices, a heavily w
PRODUCTS MARKETPLACE
From Wire and Staff Reports |
TALL OIL FATTY ACIDS Union Camp Corp. said it increased the prices of its Unitol tall oil fa
COST OF CREDIT
JOC Staff |
Fri., Jan. 4, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
PEOPLE - MARITIME EUGENE SWANSON TO RETIRE FROM LAVINO AGENCY POST
Mark Magnier |
Eugene R. Swanson, 61, most recently executive vice president of the Pacific Division of Lavino Ship
Maritime
API WEEKLY REPORT
JOC Staff |
Thousands of Barrels Week Week WeekEnded Ended Ended12-28 12-2
AMERICAN-EUROPEAN EXPRESS EXPANDS LUXURY SERVICE
Tom Belden |
When a group of entrepreneurs launched a U.S. version of Europe's plush Orient Express passenger tra
CHINA PLANS TO INVEST HEAVILY IN RAILROADS OVER NEXT FIVE YEARS
P.T. Bangsberg |
Officials in China plan to invest more than US$1 billion in what they describe as local railways ove
ECONOMIC DATA ABROAD
Wire and Staff Reports |
CHILE REPORTS INFLATION AT 27.3 PERCENT; RATE FALLINGSANTIAGO, Chile - Inflation in Chile to
JAPANESE RECONQUER MICRONESIA THROUGH TOURISM AND THE YEN
(Reuter) |
Japanese tourists armed with golf clubs and bundles of yen are reconquering the Micronesian islands
FINANCIAL BRIEFS
Wire and Staff Reports |
CZECHOSLOVAKIA TO GET $517 MILLION IN EC AIDBRUSSELS, Belgium - The European Community will
CANADIANS SEEM RESIGNED TO 7 PERCENT VALUE-ADDED TAX
From Wire Reports |
Canadians grumbled last week as they saw the price they pay for clothes, gasoline, newspapers and n
CN WEIGHS COMPETITIVE INTERMODAL LINK TO US
Michael S. Lelyveld |
A new spirit of competition may revive an intermodal rail link between New England and Canada that
ANALYSTS SAY ECONOMIC SANCTIONS AREN'T HURTING IRAQ AS PREDICTED
Liz Sly |
In an effort to look on the bright side, Iraqi officials are concluding that sanctions, at least in
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
TAMPA TO BEGIN CONSTRUCTION ON CRANE, WAREHOUSE
Journal of Commerce Special |
Construction is scheduled to begin this month on a new 86,000-square-foot warehouse and cargo crane
Maritime
PEMEX CUTS PRICE OF OIL TO JAPAN
Knight-Ridder Financial |
Petroleos Mexicanos, the Mexican national oil company, informed its Japanese customers of a price cu
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