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PAO'S MAIN HOLDING COMPANY POSTS 23 PERCENT INCREASE IN PROFIT CHINESE EVENTS HURT COLONY
P.T. Bangsberg |
World International (Holdings) Ltd., the holding company of Sir Yue-kong Pao's commercial empire, ha
Maritime
CHINA DISCIPLINES BANKER OFFICER MISUSED BANK FUNDS
From Wire Reports |
China has disciplined the deputy governor of one of its most important state- run banks for misusing
US, JAPAN FIND FACE-SAVING FORUM FOR TALKS
From Wire Reports |
The United States and Japan have finally found a way to talk about Washington's charge that Tokyo is
Maritime
COCOA FUTURES CLIMB ON RUMORS OF BIG DEAL
Howard Simon |
Unconfirmed reports Wednesday that the Ivory Coast - the world's largest cocoa producer - had sold a
DIFFERENCES STILL MARK DRUG-TEST LEGISLATION
(Ap) |
Both the Senate and House have bills to impose random drug testing on transportation workers, but th
Rail News
GERMANS STAND FIRM ON BORDERS
Journal of Commerce Special |
Border controls between West Germany and four EC nations cannot be completely removed by 1990 as pla
MATCHMAKER MISS SION TO VISIT JAPAN
Rose A. Horowitz |
About 15 California-based exporters will travel to Japan as part of a ''California Lifestyle Matchma
FINANCIAL BRIEFS
Wire and Staff Reports |
S. KOREAN FOREIGN DEBT FALLS TO $30.5 BILLIONSEOUL, South Korea - South Korea's outstanding
NEWS SUMMARY
JOC Staff |
* Trading With Singapore 4A * Rosalind Rachid's Trade Talk 5A* Howard S. Abramson - Washingt
REFINERY OPERATING RATE REACHES HIGHEST LEVEL SINCE DECEMBER '78
Journal of Commerce Staff |
The operating rate for U.S. refiners reached its highest weekly level since the last week in Decembe
IMPORT BRIEFS
Wire and Staff Reports |
TAIWAN PRODUCTS FOUND TRADED FAIRLY IN USThe International Trade Commission upheld an admini
Maritime
CUSTOMS AGENTS' ROUTINE SEARCHES MAY YIELD SURPRISES
Robert Davis |
There's more to being a U.S. Customs agent than just making a person sweat through the last hour of
Maritime
WORLD PRODIGY OWNER: BOND NOT PLEDGE TO PAY CLAIMS IN SPILL TO BE NEGOTIATED
Michael S. Lelyveld |
An attorney representing the owner of the Greek-flagged tanker World Prodigy said Wednesday that a $
Maritime
MARITIME BRIEFS
JOC Staff |
CONFERENCE POSTPONES GENERAL RATE INCREASEHOLLYWOOD, Fla. - A group of ship lines postponed
Maritime
HOUSE PANEL TO REVIEW EXPRESS MAIL CONTRACT
Ira Breskin |
The contentious battle over the recently awarded two-year contract to operate the U.S. Postal Servic
Air Cargo
AVIATION BRIEFS
Wire and Staff Reports |
VIRGIN ATLANTIC TO ADD NEW SERVICE TO JFKLONDON - Virgin Atlantic Airways will complement it
Air Cargo
EXPORT QUOTA DEMISE PERKS UP OUTLOOK FOR US COFFEE ROASTER
Colin Hurlock |
U.S. coffee roaster Folger Coffee Co. is reaping the benefits of a free market following the demise
SKINNER WEIGHS HIGH-SPEED TRAINS
From Wire Reports |
High-speed trains capable of traveling 200 miles an hour may be a better way to link major U.S. citi
Rail News
TRANSPORT FEDERATION LIFTS ITS EMBARGO OF MARITIME UNION
Bruce Vail |
A multinational labor federation restored its ties Wednesday with a seafarers' union active in the U
Maritime
ILA RANK-AND-FILE MEMBERS VOTE IN FAVOR OF EXTENDING PACT PARTIAL RETURNS SOLID IN SUPPORT
Bruce Vail |
Members of the International Longshoremen's Association have approved extension of the current maste
Maritime
BRITAIN'S PORT STRIKE EASES BUT LIVERPOOL HANGS ON
Edwin Unsworth |
The Port of Liverpool remained strikebound Wednesday despite a surprise vote by dockers' union leade
Maritime
CHEMICAL BRIEFS
From Wire and Staff Reports |
QFB PARTNERS ACQUIRES PETROLANE INC.QFB Partners, a partnership consisting of entities wholl
CALIFORNIA BEACH CULTURE RIDES WAVE OF POPULARITY IN JAPAN
Rose A. Horowitz |
The Beach Boys sing about the good vibrations of the California sun and surf. Now, across the Pacifi
TIM SANSBURY'S INSIDE TALK ON COAL
Tim Sansbury |
IT'S HARD TO PINPOINT where the coal industry stands now that the Bush administration's acid rain co
US CONSULTANTS BLAST RAILROADS IN AUSTRALIA REPORT ADVOCATES MASSIVE CHANGES
Vincent W. Stove |
A report prepared by a U.S. firm of consultants is expected to prompt massive changes to Australia's
Rail News
BRISTOL-MYERS, SQUIBB EXPANDING THEIR FACILITIES IN PUERTO RICO
Larry Luxner |
The proposed merger of Bristol-Myers and Squibb Corp. comes just as the two companies complete $145
Maritime
DOLLAR RISES SLIGHTLY IN QUIET TRADING
Knight-Ridder Financial |
The dollar moved slightly higher in a quiet foreign exchange market here Wednesday, after falling in
THE ECONOMY
Wire and Staff Reports |
FACTORY ORDERS CLIMBED 0.4 PERCENT IN JUNEModerate increases in both durable and non-durable
EUROPEAN SHIPPERS ATTACK RATE GROUP
Edwin Unsworth |
European shippers have vehemently attacked the new North Europe-USA Rate Agreement's plans to introd
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Aug. 2, 1989 Baltic International Freight Futures MarketPreClose High Low
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
S. KOREA SEEKS TO WIN LME DESIGNATED STATUSSEOUL, South Korea - South Korea will release det
NEW NYK CHIEF SEEKS SUCCESS BY COOPERATIVE GROUP PLANNING
A.E. Cullison |
When Jiro Nemoto, newly graduated from the prestigious law department of Tokyo University, joined Ni
BRAZIL'S PETROBRAS LINKS SERVICE PACTS, FINANCING
James Bruce |
Foreign oil companies presently providing services for Petrobras, as well as those companies vying f
ENERGY BRIEFS
Wire and Staff Reports |
INDONESIAN OIL EXPORTS TO END IN NEXT DECADEJAKARTA, Indonesia - Indonesia plans to stop exp
EGYPT REDUCES PRICES OF CRUDE FOR EXPORT
Knight-Ridder Financial |
Egypt cut its crude oil export prices by $1.25 a barrel effective Tuesday, the Egyptian Petroleum Au
AMAX INC. TO ACQUIRE CANADA'S FALCONBRIDGE IN $2.4 BILLION DEAL
From Wire Reports |
The big U.S. natural resources company, Amax Inc. will buy Canada's Falconbridge Ltd., the Western w
GERMANY POISED TO SET SURPLUS RECORDS IN '89 GLOBAL INFLATION FEARS AID BOOM
Miriam Widman |
West Germany is heading for new records in its current account and trade surpluses this year, but it
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
SPOT PRODUCT PRICES
JOC Staff |
Aug. 1, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon, f
SOVIET VESSEL TO HAUL WASTE TO BRITISH PORT STRIKE DELAYS SHIP DEPARTURE
Leo Ryan |
A Soviet ship, the Nadezhda Obukhova, was scheduled to leave Montreal late Tuesday for a British por
Maritime
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