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NEWS SUMMARY
JOC Staff |
* Trading With East Germany 4A * Peter D. Clark - Sea Law 3B* Long-Term Tanker Charters to B
TRADE FAIRS
From Wire and Staff Reports |
NORTH AMERICA Expo Mex '90. March 25-27. Guadalajara, Jalisco, Mexico. Contact Trade
MORE CARRIERS JOIN PROTEST AGAINST MSC RATE REJECTIONS
WILLIAM DiBENEDETTO |
The dispute between U.S. carriers and the Military Sealift Command over the agency's rejection of ra
Maritime
SEA CONTAINERS EXTENDS TENDER OFFER DEADLINE
Journal of Commerce Staff |
Sea Containers Ltd. and three subsidiaries said Tuesday they were extending the expiration date for
Maritime
HOUSE PANEL CONSIDERS BUDGET BILLS
Journal of Commerce Staff |
A House maritime subcommittee will take up the fiscal year 1991 budget requests of the Maritime Admi
Maritime
FRENCH SHIPOWNERS MAY ORDER 30 SHIPS
Journal of Commerce Special |
French shipowners shortly may order some 30 new and secondhand ships, worth an estimated 5.5 billion
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
CHINA PREMIER SIGNALS EASING OF AUSTERITYChinese Premier Li Peng Tuesday signaled an easing
CHINESE TO RING UP STAKE IN HONG KONG TELEPHONE COMPANY
P.T. Bangsberg |
A mainland Chinese entity Tuesday completed months of protracted negotiations and horse-trading when
NEGOTIATIONS WITH ILA RESUME AT SAINT JOHN
Leo Ryan |
Negotiations resumed Tuesday between Local 273 of the International Longshoremen's Association and e
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Mar. 20, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
GORDON PLATT'S CREDIT OUTLOOK
Gordon Platt |
INFLATION IS NOT IMPROVING ANY. If anything it's getting worse, economists said. The 0.5 per
BRITISH GOVERNMENT OFFERS A SAVER'S BUDGET
Janet Porter |
The British government Tuesday unveiled a wide range of measures to encourage savings as officials h
CANADA TRADE BALANCE MOVES INTO SURPLUS
Knight-Ridder Financial |
Canada's merchandise trade in January moved into a surplus of C$670.7 million (US$567 billion), afte
NEWS SUMMARY
JOC Staff |
* Gordon Platt - Credit Outlook 3A * A.E. Cullison - Asia View 10A* Don C. Becker - Publishe
THE ECONOMY FEBRUARY CONSUMER PRICES ROSE 0.5 PERCENT
From Wire Reports |
A sharp jump in the cost of clothing helped push consumer prices up a surprising 0.5 percent in Febr
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
FINANCIAL BRIEFS
From Wire and Staff Reports |
FDIC EYES SEPARATION OF FOREIGN EXCHANGEFederal Deposit Insurance Corp. Chairman William Sei
SINGLE CURRENCY FOR EC PROPOSED FOR '96 START-UP
Knight-Ridder Financial |
A single composite currency for the European Community could be in circulation by 1996, under a draf
INSURANCE BRIEFS
From Wire and Staff Reports |
NY INSURERS CAN'T PASS OUT-OF-STATE COSTS ONALBANY, N.Y. - New York Gov. Mario M. Cuomo sign
MEXICAN TRADE CENTER AIMS TO LURE RANGE OF FIRMS
Paula L. Green |
Developers of the World Trade Center of Mexico expect to sell $400 million to $600 million worth of
MUSEUMS FIND COST OF INSURING ART WORKS CONTINUES TO INCREASE
Boston Globe |
With art values skyrocketing along with the cost of insuring works, it's not unusual to find small m
ART GUARDS POORLY PAID
(Ap) |
Despite predictions of more thefts like the raid of the Isabella Stewart Gardner Museum, many museum
AETNA JOINS NJ SUIT PROTESTING DEBT PLAN
From Wire and Staff Reports |
Three of the nation's largest insurance companies have filed suit so far in an effort to block insur
GARDNER'S WILL LEFT MUSEUM UNINSURED FOR HUGE THEFT
TOM McNIFF Jr. |
Boston's cultural mavens were shocked Tuesday with word that 12 priceless objets d'art stolen from t
MORATORIUM URGED ON NY HEALTH MANDATES
Journal of Commerce Special |
A state Senate task force on Tuesday recommended placing a one-year moratorium on any new mandates o
INTERNATIONAL COCOA TALKS LIKELY TO PAVE WAY FOR MORE DISCUSSION
Knight-Ridder Financial |
Delegates to International Cocoa Organization talks today hope an extension of the International Coc
JUDGE MELTS GEORGIA FREEZE OF AUTO RATES
Craig Dunlap |
A superior court judge has melted a previously imposed freeze on automobile rates and premiums in Ge
PANAMA EXPECTED TO FILL 1989-90 US SUGAR QUOTA
Knight-Ridder Financial |
Panama should be able to ship nearly all of its 70,000-metric ton U.S. sugar quota by the end of Sep
PRECIOUS METALS UNDER PRESSURE
Howard Simon |
Gold and other precious metal prices turned lower late Tuesday as investors abandoned the hard asset
COMMODITY BRIEFS
From Wire and Staff Reports |
US-SOVIET GRAIN PACT NOT LIKELY THIS WEEKU.S. and Soviet negotiators are not likely to compl
COST OF CREDIT
JOC Staff |
Mon., Mar. 19, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
SINGAPOREAN YARD GETS THIRD TANKER ORDER FROM THAI OIL CO.
Jacob Daniel |
Singmarine Industries Ltd., the shipbuilding and small craft division of the Keppel Group, has secur
Maritime
PACIFIC CONFERENCE TO CUT ASIAN CURRENCY SURCHARGES
Journal of Commerce Staff |
The rate-setting conference of shipping lines in the westbound trans-Pacific trades will reduce its
Maritime
DEXTER CORP. TO ACQUIRE COATINGS FIRM
Journal of Commerce Staff |
Dexter Corp., based in Windsor Locks, Conn., said it agreed in principle to acquire all of the issue
PEOPLE - CHEMICALS
From Wire and Staff Reports |
WARNER-LAMBERT REPORTS CHANGESMORRIS PLAINS, N.J. - Warner-Lambert Co. Monday announced a re
SUIT SEEKS TO NULLIFY MERGER OF UNIONS
Chris Dupin |
The National Marine Engineers Beneficial Association, a large union that represents maritime workers
Maritime
COMPROMISE IS OFFERED IN JURISDICTION DISPUTE
From Wire Reports |
Commodity Futures Trading Commission member Fowler West Tuesday proposed creating an arbitration pan
RESTOCKING OF OIL SWELLS TRADE GAP
Sam Glasser |
The replenishment of oil inventories, sorely depleted during December's record cold weather, was a m
BRAZILIAN TRADE ACTIVITIES SEEN RETURNING TO NORMAL COFFEE, SUGAR, COCOA TRADERS OPTIMISTIC
Knight-Ridder Financial |
Brazilian coffee, sugar and cocoa traders were optimistic normal trading conditions will resume shor
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