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BIG THREE SALES OFF 5.6 PERCENT FROM '88
(Ap) |
The nation's Big Three automakers said Monday that late May car and light truck sales fell 5.6 perc
SHOCK WAVES HIT HONG KONG
P.T. Bangsberg |
Chinese-owned banks suffered heavy runs by depositors Monday, and the stock market plummeted as the
REGULATORS FACE INCREASED SCRUTINY
Laura Raley Borda |
Insurance regulators are facing increasing scrutiny as insurance emerges as a national consumer issu
INSURANCE BRIEFS
From Wire and Staff Reports |
CHUBB BOARD ADOPTS ANTI-TAKEOVER PLANWarren, N.J. - Chubb Corp.'s board adopted a shareholde
S. CAROLINA AUTO BILL ADVANCES TO GOVERNOR
Knight-Ridder Newspapers |
The Automobile Insurance Reform Act of 1989, scorned as ineffective by South Carolina Gov. Carroll C
MICHIGAN PROGRAM AIMS TO KEEP AIDS VICTIMS OFF MEDICAID ROLLS
(Ap) |
Michigan hopes to save millions of dollars with a new program designed to keep AIDS victims off the
AIDS CASES TO DOUBLE BY '91
(Ap) |
The worldwide number of AIDS cases will double to more than 1 million by 1991 and climb to almost 6
TURMOIL IN CHINA, IRAN SPURS RUSH INTO DOLLAR
Knight-Ridder Financial |
The U.S. dollar rose broadly Monday, despite a cut in the prime rate, as turmoil in China and Iran s
INTERNATIONAL LOANS
JOC Staff |
ALGERIA - $110 million from the World Bank to expand the irrigation system in the West Mitidja plain
ALBERT L. KRAUS - MARKETS & MONEY
Albert L. Kraus |
ECONOMISTS HAVE A CONVENIENT WAY of explaining surprises. They call them exogenous factors. Webster
FINANCIAL BRIEFS
Wire and Staff Reports |
TREASURY CHIEF CHIDES BANKERS ON LDC DEBTMADRID, Spain - U.S. Treasury Secretary Nicholas Br
PEOPLE - FINANCIAL
Wire and Staff Reports |
BANK LEUMI TRUST CO. (New York) - Irene B. Spector was named vice president of the jewelry and diamo
UK STUDY URGES RADICAL CHANGE IN EXPORT CREDIT INSURANCE SYSTEM
Janet Porter |
Britain's state-owned export credit insurance agency should be split up with a view to privatizing t
UNREST IN CHINA WORRIES TRADERS IN GRAIN PITS
From Wire and Staff Reports |
Grain traders late Monday remained apprehensive about turmoil in China and the impact on U.S. agricu
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
COST OF CREDIT
JOC Staff |
Mon., June 5, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
MEXICO'S DEBT PRICES FALL AS TALKS WITH BANKS STALL
Deborah Lutterbeck |
Third World debt prices were mixed in the latest week, as Mexican paper continued to sink in the wak
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year6/5 6/2 Ch
CRB FUTURES INDEX TUMBLED TO 14-MONTH LOW IN MAY
Susan Buchanan |
During May, the CRB Futures Index, containing prices in 21 commodity markets, fell to a 14-month low
COMMODITY BRIEFS
JOC Staff |
ICI TO BUY CONTISEED FROM CONTINENTAL GRAINContinental Grain Co., New York, reached an agree
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
AGRICULTURAL TRADE LEADS
Supplied by the U.S. Dept. of Agriculture |
Trade leads are supplied by: US Department of AgricultureForeign Agricultural Service
Maritime
INTEGRATED EC EXPECTED TO OFFER NEW OPPORTUNITIES FOR OUTSIDERS
(Ap) |
Companies based outside the European Community will reap early benefits from the trading bloc's plan
Maritime
POLAROID VENTURE TO SELL CAMERAS IN SOVIET UNION
Mark Magnier |
Soviet camera buffs will now be able to preserve those magic moments instantly with the help of a U.
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
CHINESE CRACKDOWN OVERSHADOWS TALKS ON TIES WITH EAST ASIA
Michael S. Lelyveld |
Events in China cast a pall over efforts here Monday to establish closer trade ties with East Asia.<
Maritime
BUSINESS WITH CHINESE LIKELY TO STAY DRIED UP
P.T. Bangsberg |
New business with China has dried up and is likely to remain so for many months, analysts and Wester
Maritime
RATE GROUP ANNOUNCES FUEL CHARGE
Journal of Commerce Staff |
The rate-making group covering the westbound trans-Pacific containership market announced it will en
Maritime
FREIGHT RATE FUTURES
JOC Staff |
June 2, 1989 Baltic International Freight Futures MarketPreClose High Low Vol.
Maritime
WHITE HOUSE BALKS AT TACOMA LAND DEAL
John Davies |
The White House says it is opposed to a $77 million federal lands settlement with the Puyallup India
Maritime
PLAN TAPS MASSPORT FOR STATE PROGRAMS
Michael S. Lelyveld |
The Massachusetts Senate took a new tack in the state's attempts to shiftprofit from the Massachuset
Maritime
NORTHWEST TUG AND BARGE FIRM SET TO MARK 100TH ANNIVERSARY
John Davies |
A major Pacific Northwest tug-and-barge company that started out with a leaky $5 rowboat will mark i
Maritime
CANADIAN PACIFIC SELLS SIX BULKERS
Leo Ryan |
Canadian Pacific Ltd. has sold six of its remaining eight bulk vessels and relevant service companie
Maritime
NEW CONFERENCES MEET SKEPTICISM
Janet Porter |
Shippers on both sides of the Atlantic are skeptical about the plan by shipping lines to create two
Maritime
TVA AWARDS PACTS FOR SPOT COAL
Journal of Commerce Staff |
The Tennessee Valley Authority said it bought 25,000 tons of coal in its latest round of weekly spot
PANAMA CANAL AGENCY APPROVES 9.8 PERCENT TOLL HIKE
From Wire Reports |
The U.S. agency that operates the Panama Canal said Friday it had approved its first toll increase i
Maritime
PRODUCTS MARKETPLACE
A Staff Report |
CAUSTIC SODA, DRY Occidental Chemical Corp., Dallas, increased its off-schedule prices on al
INDONESIA SET TO OPEN 18 PLANTS THIS SUMMER
P.T. Bangsberg |
A spate of new Indonesian chemical projects is due for formal dedication this summer as the country
GROWTH PROSPECTS SPUR CARGILL PLANS FOR FERTILIZER UNIT
Mike Lauzon |
Although the current fertilizer year has not been a strong one in Saskatchewan, good future prospect
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