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CHINA EXPLAINS SUDDEN CURBS IN FOREIGN EXCHANGE RULES
P.T. Bangsberg |
Chinese officials Thursday gave their version of the abrupt change in regulations governing foreign
COMMODITY BRIEFS
From Wire and Staff Reports |
US SELLS CORN, SOYMEAL TO SOVIETSThe U.S. Department of Agriculture Thursday said private ex
ILA WANTS CHANGES IN PACT AT ALBANY
Allen R. Wastler |
The Port of Albany, N.Y., has hit a snag in its efforts to get a new terminal operator. The
Maritime
AIR NEW ZEALAND POSTS 25 PERCENT DROP IN INCOME
Journal of Commerce Staff |
Air New Zealand said income from its April-September period fell 25 percent to $NZ19 million (US$10.
Air Cargo
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
NISSAN SETS EXPANSION IN WESTERN EUROPENissan Motor Co., Japan's No. 2 automaker, announced
Maritime
SEA SUMMIT A WINDFALL FOR PORT IN MALTA
Janet Porter |
The newly modernized Port of Marsaxlokk has secured a mouthwatering publicity coup. Soviet President
Maritime
JAPANESE FIRMS SAY THEY'LL JOIN SOVIET VENTURE
From Wire and Staff Reports |
Two Japanese conglomerates say they want to participate in a $2 billion petrochemical venture in the
COMMODITY BRIEFS
From Wire and Staff Reports |
COMEX TO EXPAND GOLD FUTURES OPTIONSNEW YORK - Commodity Exchange Inc. said it will offer mo
BALTIC FREIGHT INDEX
JOC Staff |
1653 (Nov. 30, 1989) Previous day - 1666 The Baltic International Freight Futures Market in
Maritime
EXPORT BRIEFS
Wire and Staff Reports |
MCCANN ERICKSON TO SERVE YUGOSLAVIAMcCann Erickson Worldwide said it has become the first in
Maritime
EC CONCESSIONS TO EAST BLOC MIGHT BACKFIRE
Bruce Barnard |
The European Community's use of trade concessions and financial aid to hasten reform in the East blo
TWO LINES STRIKE NORTH ATLANTIC SHIP-SHARING ACCORD
Bruce Vail |
Two small containerships will leave the highly competitive North Atlantic trade in early 1990 when a
Maritime
US URGES TOUGHER TRADE RULES ON SUBSIDIES
From Wire Reports |
The United States Thursday called for a ban on domestic government subsidies that distort internatio
Maritime
POSTAL CONGRESS INCREASES INTERNATIONAL REMAIL FEES
Journal of Commerce Staff |
The U.S. Postal Service has won a major victory at the Universal Postal Union Congress. Earl
Air Cargo
PRIME COMPUTER, S. KOREAN FIRM INK EDUCATION VENTURE
P.T. Bangsberg |
Prime Computer Inc. is joining forces with a South Korean company to establish what's described as t
Maritime
MARITIME CALENDAR
JOC Staff |
Kings Point Alumni Association. Dec. 6. New York. Joint luncheon with New York Propeller Club.Guest
Maritime
STUDY URGES FIRMS NOT TO BE INTIMIDATED BY EDI TECHNOLOGY
Tony Seideman |
Companies scared away from electronic data interchange by its thicket of standards and acronyms risk
CUSTOMS UPDATE
JOC Staff |
GSP STATUS FOR HUNGARY. Pursuant to presidential proclamation 6060, dated Nov. 1, 1989, published in
Maritime
DOLLAR TAKES LOW ROAD AS MARK RIDES HIGH
Knight-Ridder Financial |
The U.S. dollar declined Thursday as traders began buying deutsche marks again. Dealers cite
FALCON GETS GAO, CONGRESS' ATTENTION
Journal of Commerce Staff |
Both Congress and its investigating agency, the General Accounting Office, have taken an interest in
Maritime
FARMERS URGED: REDUCE USE OF PESTICIDES
Knight-Ridder Financial |
Farmers will have to plan more carefully in the 1990s to produce crops that use less pesticides, a U
SAUDI MINISTER FORECASTS 1ST-HALF OPEC OUTPUT
Simon Hall |
Saudi Arabian Oil Minister Hisham Nazer Wednesday predicted that the Organization of Petroleum Expor
W. GERMANS BUY GASOIL ON OPEN MARKET
Knight-Ridder Financial |
Depleted inventories and rising demand have forced West German refineries to buy distillate fuel oil
BUREAUCRACY OBFUSCATES FALCON TANKERS' FATE
WILLIAM DiBENEDETTO |
First, the government spent $72 million to help build two ships, the Falcon Leader and the Falcon Ch
COMMODITY BRIEFS
From Wire and Staff Reports |
GOLD, SILVER, PLATINUM FALL ON NY EXCHANGESPrecious metals futures dipped in late dealings,
BALTIC FREIGHT INDEX
JOC Staff |
1666 (Nov. 29, 1989) Previous day - 1671 The Baltic International Freight Futures Market in
Maritime
US DOLLAR RISES EXCEPT AGAINST YEN
Knight-Ridder Financial |
The U.S. dollar rose except against the yen Wednesday in a quiet market dominated by unwinding of de
AID DELAY FOR IMF MAY HELP WORLD BANK
Richard Lawrence |
A decision to delay action on a proposed increase in the International Monetary Fund's resources may
COST OF CREDIT
JOC Staff |
Wed., Nov. 29, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
ALTERNATIVE CROPS NEED US SUPPORT
Knight-Ridder Financial |
Alternative crops and products are continually being developed, but these items may not reach the ma
INTERNATIONAL BRIEFS
Wire and Staff Reports |
INDIA'S GANDHI RESIGNS AFTER ELECTION LOSSESNEW DELHI, India - Prime Minister Rajiv Gandhi r
Maritime
NEW OPEC QUOTAS MAY OVERWHELM WORLD OIL DEMAND
Chicago Tribune |
The Organization of Petroleum Exporting Countries' new higher production quota probably will overwhe
COURT'S RULING OPENS INSURANCE TO SOME BANKS
David Conn |
A federal court Wednesday affirmed the right of bank holding companies to own banks that engage in n
MARITIME BRIEFS
From Wire and Staff Reports |
ANANGEL'S PROFIT FALLS; SHIPPING EARNINGS RISEAnangel- American Shipholdings Ltd.'s first- q
Maritime
ECONOMIC DATA ABROAD
Wire and Staff Reports |
PAYMENTS SURPLUS FALLS IN SOUTH KOREASEOUL, South Korea - South Korea's current account surp
Maritime
SCREEN TRADING BEGINS ON LIFFE LOW-KEY DEBUT UNLIKELY TO LAST
Mark Kollar |
Traders here have expressed optimism about the start of electronic trading today in Euromark futures
INTERNATIONAL EDI CONGRESS IS BECOMING TRULY GLOBAL
Tony Seideman |
The increasingly rapid adoption of electronic data interchange technology in trade and transportatio
US FIRMS STUDY E. GERMAN INVESTMENT COCA-COLA CO. CONSIDERS PLANT
Miriam Widman |
American companies are exploring new business opportunities that could open up in East Germany as it
GROWTH OF MARKET IN THAILAND PROMPTS CALLS FOR MORE CONTROLS
P.T. Bangsberg |
The general insurance market in Thailand expanded more than 30 percent in the first nine months of t
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