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SMUGGLERS HURT VIETNAM ECONOMY
(Reuter) |
Vietnam has rounded up hundreds of smugglers in a sometimes-violent drive to protect its fledgling f
Maritime
US MANUFACTURERS MEET GLOBAL CHALLENGE
William Armbruster |
American manufacturers are toughening up in the global arena, but as a result many businesses will m
Maritime
CALIF. AGENT'S CAMPAIGN FOR COMMISSIONER GETS BOOST
Jerry Goldberg |
Wes Bannister's underdog campaign for California insurance commissioner received yet another shot in
ORDERS OF DURABLES SEEN RISING 0.4 PERCENT
From Wire Reports |
Economists predict U.S. durable goods orders will have risen 0.4 percent in September, bolstered by
EMERY WORLDWIDE BRINGS PIECE OF MOUNT MCKINLEY TO BOSTON
Journal of Commerce Staff |
Uncharacteristic items often travel by air. Emery Worldwide of Palo Alto, Calif., recently f
USDA EXPORT CREDIT SALES DECLINED 17 PERCENT IN FISCAL '90
Knight-Ridder Financial |
Farm exports under the U.S. Department of Agriculture's credit guarantee programs fell 17 percent in
PRECIOUS METALS RISE DESPITE LOWER CRUDE
From Wire and Staff Reports |
Precious metals futures prices held firm despite the downward spiral in crude oil prices. Ne
PORT-STATE CONGRESSMEN JOIN TO OPPOSE TAX HIKE 13-FOLD INCREASE IN TONNAGE TAX
John Davies |
Congressional leaders from major port areas in New York, Southern California and the Pacific Northwe
Maritime
PEOPLE - OIL/GAS BRAZIL NAMES PETROBRAS CHIEF
JOC Staff |
Eduardo Teixeira, deputy economy minister, was named president of Brazil's state-owned oil company P
SPOT COMMODITIES
JOC Staff |
Oct. 23, 1990 Included are list prices of suppliers. Quotations do not necessarily represent
CRUDE FUTURES FALL ON NYMEX
From Wire and Staff Reports |
Crude oil prices lost ground again Tuesday on the futures market, while product prices regained some
ASIAN FUTURES
JOC Staff |
Oct. 23, 1990 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
GASOLINE PRICES
JOC Staff |
Oct. 23, 1990 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Prem
STUDY CHALLENGES PROJECTED GAINS FOR GATT ROUND
Keith M. Rockwell |
A new global trade agreement could worsen the U.S. trade deficit by $14 billion and cut $20 billion
JAPAN WILL OFFER TO CUT TARIFFS ON TROPICAL GOODS BY OVER 30 PERCENT
From Wire Reports |
Japan will offer to slash its tariffs on more than 100 tropical products by over 30 percent in the o
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
MASSMUTUAL BUYS OPPENHEIMER FIRMSPRINGFIELD, Mass. - Massachusetts Mutual Life Insurance Co.
SHIPOWNERS TO FACE HIGHER TAB
Janet Porter |
Shipowners face sharply higher liability insurance premiums next year as claims continue to soar.
ECONOMIC DATA ABROAD
Wire and Staff Reports |
FRENCH TRADE DEFICIT BALLOONED IN SEPTEMBERFrance posted a provisional, seasonally adjusted
COMMODITY BRIEFS
From Wire and Staff Reports |
S. AFRICA COULD FACE GOLD OUTPUT CUTBACKSJOHANNESBURG, South Africa - An oversupply of gold
TOUGH ENVIRONMENTAL RULES FORCE ICI TO CLOSE 2 PLANTS IN AUSTRALIA
Vincent W. Stove |
Tougher environmental rules have been blamed for the closing of two chemical plants near Melbourne,
CONAGRA EYES ELDERS' UNITS
Journal of Commerce Staff |
ConAgra Inc. Tuesday said it has signed a preliminary agreement to buy certain assets of Australia's
MARK MAGNIER'S INSIDE TALK FROM THE WEST COAST
Mark Magnier |
LOCAL COMPANY makes waves. The son of a Crowley Maritime Corp. official hit the record books
Maritime
TRAFFIC BRIEFS
Wire and Staff Reports |
DOT ACTION EXPECTED ON RADAR DETECTOR BANWASHINGTON - Groups pressing for a ban on radar det
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Oct. 23, 1990Dubai Crude Oil - (Dollars Per Barrel
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Oct. 22, 1990CRUDE OIL(1,000 barrels; dollars and cents
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Oct. 23, 1990 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 37.8
INSURANCE - EARNINGS
Wire and Staff Reports |
CHUBB REPORTS RISE IN THIRD-QUARTER NETNet income for the third quarter at Chubb Corp. rose
CONRAIL WANTS ARBITRATION ON D&H DEAL
Geoffrey Brown |
A favorable court ruling moved a Canadian railroad's efforts to connect with two Northeastern ports
BRAZIL CARGO LINE GETS NEW CHIEF CRISIS TRIGGERS RESTRUCTURING
James Bruce |
Companhia de Navegacao Lloyd Brasileiro, Brazil's state-owned general cargo carrier, began operating
PEOPLE - TRADE
From Wire and Staff Reports |
SAPPORO BREWERIES LTD. (Tokyo) - Munekazu Takenishi was named president of Sapporo USA Inc. replacin
Maritime
TRADE BRIEFS
Wire and Staff Reports |
CHINA, SOVIET UNION TO CONTINUE BARTERINGChina will continue to do barter trade with the Sov
Maritime
LOWER NAPHTHA PRICE FAILS TO ATTRACT OFFERS
Knight-Ridder Financial |
Sellers for first half January naphtha cargoes lowered their offers to US$295 a metric ton c.i.f. Ja
HIGH SURVEY COSTS FOR OLDER SHIPS MAY PERSUADE OWNERS TO SCRAP
Janet Porter |
The cost of the 15- or 20-year special survey for ships of average condition is becoming so prohibit
Maritime
APC POSTS NET LOSS OF $60.6 MILLION
Mark Magnier |
American President Cos. reported a third-quarter net loss of $60.6 million, including a whopping $10
ELECTRONIC LETTERS OF CREDIT TO AID INSURANCE INDUSTRY IN BRITAIN
Janet Porter |
One of the most important documents in the insurance industry has gone electronic, with Citibank NA
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday Oct. 23, 1990 Prevailing sellers' posted prices at the close of business, representi
FREIGHT RATE FUTURES
JOC Staff |
Oct. 23, 1990 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
SHIFTING WORLD SCENE BROADENS RISK ARENA
TOM McNIFF Jr. |
Only three months ago, Iraq and Kuwait were seen as relatively low-risk areas for foreign business.
NUTRASWEET APPEALS CANADA'S ANTI-COMPETITION DECISION
Leo Ryan |
NutraSweet Co. of Deerfield, Ill., has launched a court bid to overturn a key decision by Canada's c
GORDON PLATT'S FINANCING TRADE
Gordon Platt |
THE RISE OF MILITANT HINDUISM and a rapidly growing foreign-debt burden are eroding India's creditwo
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