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TAIWAN PETROCHEMICAL PLANT SET TO MOVE IN PHILIPPINES NEW LAW ABOLISHES TAX ON NAPHTHA
P.T. Bangsberg |
The last of many hurdles in the way of a Taiwan-backed petrochemical project in the Philippines appe
INTERNATIONAL BRIEFS
Wire and Staff Reports |
TOTES BUYS GERMAN UMBRELLA DISTRIBUTORLOVELAND, Ohio - Totes Inc., which makes and sells pro
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
HOUSE APPROVES HIKE IN MINIMUM WAGE
Knight-Ridder Financial |
The House Wednesday approved legislation to raise the minimum wage to $4.25 in two stages by 1991.
OPEC OUTPUT HITS HIGH POINT FOR THE YEAR STRONG DEMAND ABSORBS EXCESS
(Reuter) |
The Organization of Petroleum Exporting Countries' oil production rose to its highest level this yea
ORANGE AND ROCKLAND POSTS DROP IN SALES
Journal of Commerce Staff |
Orange and Rockland Utilities Inc. said that retail electric sales declined 2.3 percent during the t
US SAVINGS BOND SALES PUT ON HOLD
(Ap) |
Sales of U.S. Savings Bonds were suspended indefinitely Wednesday because of failure to enact legisl
Maritime
FED SAYS ECONOMY IS GROWING MODERATELY
Knight-Ridder Financial |
Economic growth in the United States is "slow to moderate," with mixed manufacturing activity and mi
SYNTHETICS ADD ZIP TO ATHLETIC FOOTWEAR
Pei-Tse Wu |
Sunday's New York City Marathon will be more than just a footrace among the 24,000 runners expected
CHEMICAL BRIEFS
From Wire and Staff Reports |
THAIS HIRE JAPANESE FOR REFINERY EXPANSIONThai Oil Srirancha Co. has contracted with Japan's
COMMODITY BRIEFS
From Wire and Staff Reports |
COCOA PRODUCERS GROUP WARNED OF COMPETITIONACCRA, Ghana - Rising cocoa production in Asian c
PORK BELLIES SETTLE LIMIT UP
Knight-Ridder Financial |
Pork belly futures settled locked up the 200-point daily trading limit across the board, powered by
JAPANESE BOX DOLLAR INTO TIGHT RANGE
Hideko Morita |
As long as the U.S. dollar lacks the strength to rise much above 145 yen, steady selling pressure by
RAILS, LABOR CLASH OVER INJURY LAW
Journal of Commerce Staff |
Members of the House of Representatives took their first look in 50 years at the Federal Employers'
Rail News
SHIP STUCK IN FLA. KEYS POSES OIL LEAK THREAT
Monica Rhor |
It may be more than a week before the Yugoslavian cargo ship that ran aground in the Florida Keys is
Maritime
JUSTICE FIGHTS EXPANSION OF GOVERNMENT LIABILITY
David Conn |
The Bush administration Wednesday strongly opposed three House bills that would expand the federal g
MASS. LAWMAKER SAYS BLUES ON SHAKY GROUND
Journal of Commerce Special |
Blue Cross-Blue Shield of Massachusetts claims it is in "good financial shape," but a Massachusetts
CARBIDE FORMS VENTURE WITH BRAZILIAN FIRM
James Bruce |
Union Carbide Corp. formed a $160 million joint venture with Brazil's Elekeiroz do Nordeste Industri
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
RATE SWAP RULING IRKS UK BANKS
Knight-Ridder Financial |
A decision Wednesday by the U.K. high court ifying interest rate swaps between several banks
MEXICAN PRESIDENT STRESSES NEED FOR DEREGULATION
Paula L. Green |
President Carlos Salinas de Gortari told his nation Wednesday that an economic modernization plan, u
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Nov. 1, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon, f
MARITIME BRIEFS
From Wire and Staff Reports |
HOUSE APPROVES BILL ON TRANSPORT FUNDINGThe House has approved a $12 billion transportation
Maritime
DOLLAR MIXED AS MARKET AWAITS EMPLOYMENT DATA FOR OCTOBER
Knight-Ridder Financial |
The U.S. dollar was mixed Wednesday after a bearish report from purchasing managers and a mixed repo
PUERTO RICO MARINE NAMES NEW PRESIDENT
Larry Luxner |
The Puerto Rican government moved to restore order to the chaotic affairs of its state-owned shippin
E. EUROPEANS DEVELOPING APPETITE FOR PORK BELLIES
Richard Cowan |
Eastern Europe's new interest in U.S. pork bellies could mark the start of regular exports of that c
COMMODITY BRIEFS
From Wire and Staff Reports |
US, SOUTH KOREA SET FOR TOUGH BEEF TALKSSEOUL, South Korea - South Korea and the United Stat
SUGAR ADVANCES AS MART REACTS TO RUMORS
Howard Simon |
Sugar prices rose Wednesday afternoon on reports that Brazil will cancel all 1989-90 sugar export co
COST-PRICE CRISIS THREATENS BRAZILIAN COCOA PRODUCTION
Tom Murphy |
Despite a recent government move to ease taxes, Brazilian cocoa production levels continue to be thr
US MAY EASE ACCESS FOR MEXICAN TEXTILES IMPORTERS URGED TO PUSH ACCORDS
Rosalind Rachid |
The United States may institute a preferential duty program for textile products from Mexico similar
Maritime
SWISSAIR LAUNCHES NON-STOP SERVICE FROM LA TO ZURICH
Bill Mongelluzzo |
Swissair Wednesday initiated non-stop service between Los Angeles and Zurich, with its cargo efforts
Air Cargo
CHARLESTON STEVEDORE COMPANY SOLD
Craig Dunlap |
Stevedoring Services of America has formed a new South Atlantic stevedoring company by acquiring the
Maritime
PORT OF SAN FRANCISCO SAYS QUAKE CAUSED $61 MILLION IN DAMAGE
Mark Magnier |
The Port of San Francisco reported in a special commission meeting that it suffered approximately $6
Maritime
HUNGARIAN CANDIDATE TO MEET WITH BUSH
Lucy Komisar |
Imre Pozsgay, presidential candidate of Hungary's ruling communists, who now call themselves Sociali
Maritime
FINANCIAL BRIEFS
From Wire and Staff Reports |
VENEZUELA NOTES DROP IN FOREIGN RESERVESCARACAS, Venezuela - Venezuela's net foreign reserve
GLORIA JOSEPH'S INSIDE TALK ON SHIPPING
Gloria Joseph |
THE INVITATION READ: "President and Mrs. Susumu Temporin, Mitsui O.S.K. Lines Ltd., Tokyo, request t
Maritime
MAJOR EARTHQUAKE STRIKES OFF JAPAN
From Wire and Staff Reports |
A major earthquake registering 7.3 on the Richter scale struck late Wednesday - this time off the no
SOYBEAN FUTURES POISED FOR EXPECTED INCREASE ON STRONG CASH MARKET
Rosalind Krasny |
Strength in cash soybean prices will have a big influence on futures delivery prices in the next few
CORNING TO SELL INTEREST IN MEDICAL SUPPLY FIRM
(Ap) |
Corning Inc. will sell its 50 percent interest in Ciba Corning Diagnostics to Swiss pharmaceutical g
CORRECTION
JOC Staff |
The story headlined "Rubber Trade Group Marks 75th Anniversary," which appeared on Page 7A in the Jo
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