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THIRD WORLD DEBT SWAPS ACCELERATED LAST YEAR
Journal of Commerce Staff |
The International Monetary Fund said preliminary data indicate the pace of Third World debt conversi
DOLLAR RISES VS. YEN, STEADIES AGAINST MARK
Knight-Ridder Financial |
The U.S. dollar rose against the Japanese yen and was little changed against the deutsche mark Thurs
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
POUND STERLING FACING ANOTHER BATTERING, UK ECONOMISTS SAY
Knight-Ridder Financial |
The pound sterling is set for another battering on foreign-exchange markets as worries about inflati
BUNDESBANK DENIES IT TARGETS D-MARK
Knight-Ridder Financial |
Bundesbank President Karl Otto Poehl said Thursday there is no targeted level for the deutsche mark
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
PEOPLE - FINANCIAL
Wire and Staff Reports |
BANK LEUMI TRUST CO. OF NEW YORK (New York) - Zalman Segal, 51, was named vice chairman and chief e
JAPANESE LOSE FAITH IN CHINA'S YEN BONDS
Atsushi Yuzawa |
The continued unrest in China and uncertainty over the country's political and economic future have
FINANCIAL BRIEFS
Wire and Staff Reports |
WORLD BANK PLANS 'GLOBAL' BOND ISSUEWASHINGTON - The World Bank plans to launch a $1.5 billi
CHILE DEVALUES PESO 1.6 PERCENT, RETURNS TO EARLIER SYSTEM
Knight-Ridder Financial |
Chile has returned to its inflation-based exchange rate system, thus eliminating the 0.3 percent mon
COST OF CREDIT
JOC Staff |
Thu., June 8, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
ECONOMIC DATA ABROAD
From Wire Reports |
CONSUMER PRICES RISE 0.2 PERCENT IN WEST GERMANYFRANKFURT, West Germany - West German consum
CLOTHING IMPORTERS WATCH CHINA DEVELOPMENTS CLOSELY
Paula L. Green |
Most U.S. importers who turned out at the opening of the first Chinese Garments Export Fair this wee
FORMER OWNER SEEKS PHILIPPINE NICKEL MINE
P.T. Bangsberg |
The former owner of the largest nickel mine in the Philippines plans to form a new joint venture to
PEOPLE - COMMODITIES
Wire and Staff Reports |
AMAX GOLD INC. (Golden, Colo.) - Marvin K. Kaiser was named chief financial officer for the gold exp
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year6/8 6/7 Ch
COFFEE TALKS INSPIRE BUYING OF FUTURES
Knight-Ridder Financial |
Coffee futures firmed Thursday on trade and speculative buying amid renewed optimism toward the Inte
COMMODITY BRIEFS
Wire and Staff Reports |
HILLS: FARM QUOTAS WON'T BE DISMANTLEDWASHINGTON - U.S. Trade Representative Carla Hills Thu
ANALYSTS SPEAK - COMMODITIES/FUTURES
JOC Staff |
GOLD AND SILVER PRICES were battered in May by the strength of competing investment vehicles and the
US IMPORTERS SEEK AID TO MOVE CHINA APPAREL
John Davies |
The National Apparel and Textile Association is seeking federal help in moving $100 million in cloth
BUSINESS DEBATES CHANGES IN MINIMUM TAX LAW
Journal of Commerce Staff |
A plan to ease the alternative minimum tax for corporations drew business testimony ranging from str
BUSINESS IN TODAY'S NEWS
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
US-JAPAN TASK FORCE WOULD AID CHIP MAKERS
Journal of Commerce Staff |
The Electronic Industries Association of Japan proposed a joint task force with the U.S. Semiconduct
NEWS SUMMARY
JOC Staff |
* Customs Update 4A * Christopher Lofting - Executive Traveler 10A* Greg Johnson - Managing
FIRMS PLAN 6.5 PERCENT HIKE IN CAPITAL EXPENDITURES
(Ap) |
The government reported Thursday that American businesses plan to increase spending on plants and eq
THE ECONOMY
From Wire Reports |
FIRST-TIME CLAIMS FOR UNEMPLOYMENT UPNew applications for unemployment benefits rose to a se
POLITICAL STRIFE COULD SLOW US-SOVIET TRADE GROWTH
Kevin Commins |
The brutal crackdown of the Chinese government on student dissidents may cast a pall on U.S.-Soviet
EXPERTS URGE OPEN BORDERS FOR INVESTMENT
William Armbruster |
The present arguments about free trade must include serious discussion of free investment, said Feli
WILDCAT STRIKES SWEEP SEAPORTS IN BRITAIN
Marion Cotter |
Britain's Transport and General Workers Union appealed in vain Thursday for its 9,400 registered doc
ITALIAN LINE FACES BITTERSWEET TIMES
Gloria Joseph |
Bittersweet times lie ahead for the Italian Line. While profitability may be just around the corner,
CHAOS SPREADS TO PROVINCES
P.T. Bangsberg |
The first few hundred of an expected wave of foreigners arrived Thursday from Beijing with tales of
SHIPBUILDERS CALL FOR ACTION AGAINST FOREIGN COMPETITORS SHIPYARD SUBSIDIES IN FOUR NATIONS HIT
Marie Prat |
U.S. shipbuilders made their first formal use of U.S. trade law in their longstanding battle to halt
TURMOIL MAY AID SOUTHEAST ASIA
P.T. Bangsberg |
One byproduct of the chaos in China is likely to be a significant shift of investment to Southeast A
THYSSEN TO BUY AIR FORWARDER AMERFORD OF NY
Ira Breskin |
Thyssen AG, the German industrial giant, has agreed to buy Amerford International Corp., a venerable
MITSUBISHI EXPECTS RECORD CAR SALES
Paul A. Eisenstein |
What do you do when millions of people have bought your cars but almost no one knows who you are?
ANITA SCHRODT'S INSIDE TALK ON RAILROADS
Anita Schrodt |
CAN THE NATION'S RAILROADS SUSTAIN THE DEBT they're picking up through the acquisitions and mergers
Rail News
ELECTRONICS BRIEFS
Wire and Staff Reports |
NEW SUPERCONDUCTORS FOUND WITH LESS POWERRecent scientific findings indicate that new superc
TURMOIL WORRIES HONG KONG PORT YET TO FEEL CHINESE IMPACT
P.T. Bangsberg |
Upheaval in China so far has not had any measurable impact on Hong Kong's port, which handles much o
Maritime
SEA-LAND'S CHIEF SAYS RATES ARE TOO LOW SHIPPERS' VIEWS ARE DIFFERENT
Ming-Yuen Fong |
U.S.-flag ship lines are not paid enough for their value-added services, said Jackson Baker, preside
Maritime
SOUTH KOREA TOPS SHIPBUILDING LIST
Janet Porter |
A backlog of work at South Korea's strike-hit shipyards contributed to a substantial increase in the
Maritime
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