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THE ECONOMY
Wire and Staff Reports |
BUSINESS INVENTORIES ROSE 0.6 PERCENT IN APRILU.S. business inventories rose 0.6 percent in
BANKS BACK HONG KONG BOXPORT EXPANSION
P.T. Bangsberg |
Asia Terminals Ltd., one of the colony's three boxport operators, has secured HK$1.82 billion (US$23
Maritime
MIDAMERICA CALENDAR
JOC Staff |
U.S.-Canada Free Trade Agreement Conference, sponsored by the U.S. Small Business Administration and
NEWS SUMMARY
JOC Staff |
* Trading With Malaysia 4A * Tom Connors - Washington 10A* John Williamson - Asia's Exchange
COST OF CREDIT
JOC Staff |
Wed., June 14, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
COURT RULING COULD SAVE IMPORTERS MILLIONS
William Armbruster |
Importers could save millions of dollars in duties because of a recent decision by the Court of Inte
COMMODITY BRIEFS
Wire and Staff Reports |
MALAYSIA CONSIDERS TIN VENTURE IN CHINAKUALA LUMPUR, Malaysia - Malaysia Mining Corp. said t
SOME US BUSINESS PROCEEDS IN CHINA
Gary Aderman |
Just 10 days after China shocked the world with its bloody suppression of pro-democracy protesters,
Maritime
NEW GASOLINE RULES HIT SUPPLIES HARD
Sam Glasser |
A tight gasoline market has nearly exhausted the supplies available from wholesale terminals in sca
RESEARCH PROGRAM AT MIT HIT
(Ap) |
A 40-year-old federally funded program at the Massachusetts Institute of Technology came under fire
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
MITTERRAND TARGETS ENVIRONMENTAL ISSUESFrench President Francois Mitterrand backed plans to
Maritime
HUNDREDS OF PLANTS VIOLATE WATER STANDARDS, EPA SAYS
(Ap) |
Hundreds of industrial plants spread across 45 states are violating water quality standards by relea
PRODUCERS, UTILITIES FEAR NATIONWIDE COAL STRIKE
Tim Sansbury |
Coal producers and utilities are bracing for a North American coal strike that threatens to break ou
ENERGY BRIEFS
From Wire and Staff Reports |
SENATE PASSES BILL TO DECONTROL ALL GASThe Senate approved legislation Wednesday removing pr
NYK LINE AIMS TO CAPTURE NEW INTERMODAL FRONTIER
Andrew Tausz |
Nobuhiro Saito, president of NYK Line (Canada) Inc., admits that it's going to take some time before
Maritime
HOUSE SUBCOMMITTEE APPROVES NEW CUSTOMS USER FEE SYSTEM
Richard Lawrence |
The House Ways and Means Committee's Trade Subcommittee Wednesday approved a new, one-year Customs u
ECONOMIC DATA ABROAD
Wire and Staff Reports |
APRIL CONSUMER PRICES ROSE 0.9 PERCENT IN OECDApril consumer prices rose on average by 0.9 p
TRADING WITH MALAYSIA MALAYSIA ATTRACTIVE TO US FIRMS
Mark D. Berniker |
Malaysia is considered a desirable site for foreign investment in Asia, according to a survey of U.S
Maritime
DOLLAR PUSHES HIGHER AHEAD OF TRADE DATA
Knight-Ridder Financial |
The U.S. dollar pushed higher Wednesday on market hopes for a bullish U.S. trade number today.
PICKENS MAY FIGHT FOR KOITO BOARD SEATS
Knight-Ridder Financial |
U.S. takeover specialist T. Boone Pickens said he is considering taking legal action over a dispute
SOUTH KOREA DEFENDS RECORD ON INTELLECTUAL PROPERTY RIGHTS
Hannah Moore |
A team of U.S. trade negotiators has arrived to exchange views with South Korean officials on pendin
Maritime
VOTER INTEREST IN EC '92 PLAN VARIES WIDELY
Bruce Barnard |
The European Community's 240 million voters will get a chance today and Sunday to influence the shap
Maritime
POLITICAL RISK INSURANCE FOR CHINA GETS SCARCE
P.T. Bangsberg |
Jittery foreign investors doing business in China are looking to protect theirinvestments wi
AMTRANS, TOPGALLANT SHARE SPACE IN N. ATLANTIC
Marie Prat |
Two U.S.-flag ocean carriers, Topgallant Lines Inc. and American Transport Line Ltd., have agreed to
Maritime
MORE UK DOCKERS ABANDON STRIKE
Edwin Unsworth |
Dockers at three more British ports voted Wednesday to abandon their strike, leaving only seven out
Maritime
SPOT PRODUCT PRICES
JOC Staff |
June 14, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon,
SOUTH KOREA'S USE OF LIGHT PRODUCTS IS INCREASING
Knight-Ridder Financial |
South Korea recently has shown a marked preference for lighter-end petroleum products and the trend
PEOPLE - OIL/GAS
From Wire and Staff Reports |
CATO OIL & GREASE CO. (Oklahoma City) - Richard S. Pereles was named president of of the company, a
OIL SHIPMENTS INCREASE FROM UK TERMINAL
Knight-Ridder Financial |
Crude oil shipments from the North Sea's Sullom Voe terminal rose 55.4 percent to more than 1 millio
SHIP AGENCIES MERGE IN PHILA.
Journal of Commerce Staff |
Two local shipping agencies merged to form a new company called Rice, Unruh, Reynolds Co. Th
Maritime
TAX BREAKS BOLSTER GIBRALTAR REGISTER
Vanya Walker-Leigh |
Tax breaks for shipowners should keep Gibraltar's newly reorganized shipregister an attractive alter
Maritime
INTERMODAL OFFERS POTENTIAL FOR RAILS
Craig Dunlap |
The intermodal traffic explosion has begun to cool, but a top rail executive believes intermodalism
Maritime
COWBELL RINGS IN INTERMODAL EXPO '89 IN ATLANTA
Stanford Erickson |
Leopoldo Wills Franco was complaining to Lau Diderichsen about OneSeal's high-security container sea
Maritime
LAWMAKERS URGE RE-EXAMINATION OF CATASTROPHIC HEALTH PLAN
Dallas Morning News (AP) |
Responding to angry letters and complaints from the elderly, members of Congress Tuesday called for
STUDY SAYS DELAWARE HAS BEST CLIMATE FOR MANUFACTURING
Kevin Commins |
Delaware offers the most favorable climate for manufacturing among ''manufacturing-intensive" states
STOLT FINALIZES TANKER ORDER
Journal of Commerce Staff |
Stolt Tankers & Terminals (Holdings) SA said it reached final agreement with a Norwegian shipbuilder
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
CALIF. REGULATOR TARGETED IN LAWSUITA group of California attorneys has filed suit against t
FINANCIAL BRIEFS
Wire and Staff Reports |
BUNDESBANK COUNCIL LIKELY TO STAND PATFRANKFURT, West Germany - Economists and market partic
INCREASED GLOBAL COOPERATION URGED
Paula L. Green |
Sharing some of the insights and experiences gathered during decades of work in international develo
Maritime
PETROLEUM PRODUCT USE INCREASES IN BRAZIL
Knight-Ridder Financial |
Brazil's consumption of petroleum products in the first five months of 1989 rose to 1.095 million ba
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