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US WARY OF SOVIET FAR EAST VENTURES
Mark Magnier |
A high-level Soviet trade delegation has taken to the American road with a call for U.S. investment
US EXPORTERS TAKE INCREASE IN VALUE OF DOLLAR IN STRIDE MANY SEE STRENGTH AS A FLUKE
William Armbruster |
U.S. exporters are taking the dollar's recent surge in stride. They're concerned about its impact on
EXPORT OPPORTUNITIES
US Department of Commerce |
Trade leads supplied by: US Department of Commerce , U.S. and Foreign Commercial Service, Room HCHB
Maritime
SPOT PRODUCT PRICES
JOC Staff |
May 24, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon, f
AEP GOES WEST TO FIND COAL FOR INDIANA GENERATING PLANT
Tim Sansbury |
In an East vs. West battle over a huge utility coal supply contract, American Electric Power Service
CALIFORNIA PROMOTES INTERMODAL EFFICIENCY
Bill Mongelluzzo |
Intermodal efficiency at the booming Southern California ports will be greatly enhanced in the futur
STUDY SAYS SHIPOWNERS SHOULD HEDGE RISKS
P.T. Bangsberg |
Shipowners should become adept at using sophisticated financial tools like interest rate swaps and o
WORLDWIDE DEMAND FOR OIL TO FLATTEN, ANALYSTS SAY
From Wire Reports |
Last year's sharp rise in oil demand is unlikely to be repeated this year or next, putting added pre
DARMAN DENIES DOLLAR REPORT
Knight-Ridder Financial |
White House Budget Director Richard Darman Wednesday said he was ''astounded" by a published report
MIDEAST OIL PRODUCERS ASK ASIA TO PAY BRENT-LINKED PRICES
Knight-Ridder Financial |
Middle East oil-producing countries are asking Asian oil companies to buy spot crude oil for June de
ECONOMIC DATA ABROAD
From Wire Reports |
FRENCH OFFICIAL SEES CONTINUED TRADE GAPFrance's merchandise trade deficit will remain stubb
SAM GLASSER'S INSIDE TALK ON ENERGY
Sam Glasser |
METHANOL IS THE LATEST DARLING of those who see it as an alternative to gasoline. In fact, t
COST OF CREDIT
JOC Staff |
Wed., May 24, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
ASHLAND WILL MARKET MID-GRADE GASOLINE
Journal of Commerce Staff |
Ashland Petroleum Co., the refining and marketing division of Ashland Oil Inc., said it will begin m
INDONESIA DROPS ITS NEW TAX ON OIL SERVICES
P.T. Bangsberg |
Indonesia is waiving a hotly contested tax on oil support services less than two months after it was
PEOPLE - FINANCIAL
Wire and Staff Reports |
BAIN & CO. (Boston) - Peter M. Dawkins, 51, was named an executive vice president of this internatio
PEOPLE - OIL / GAS
From Wire and Staff Reports |
METALLGESELLSCHAFT CORP. (Houston) - Conlin R. "Lyn" Brogan and Steve Wormington joined the company.
US LOAN FOR ARGENTINA DEPENDS ON ECONOMIC PLAN
Richard Kessler |
The U.S. government will not consider an emergency short-term loan for Argentina until its authorit
FINANCIAL BRIEFS
Wire and Staff Reports |
S. KOREA EVENTUALLY TO FLOAT ITS CURRENCYSEOUL, South Korea - South Korea's won currency wil
UTILIZATION RATE FOR US REFINERIES ROSE LAST WEEK, API BULLETIN SAYS
Journal of Commerce Staff |
The U.S. refinery utilization rate increased sharply for the week ended May 19 to 86.4 percent of ca
CROSS-TRADING ABUSES ALLEGED IN SUGAR PITS
Bob Bellottie |
Subpoenas issued by the Commodity Futures Trading Commission for records of at least three floor tra
FED OFFICIAL SAYS US NEEDS FINANCIAL REFORMS
Knight-Ridder Financial |
The United States could soon become the only major nation with a fragmented banking and financial sy
ZANTOP CARGO RATE HIKE IS FIRST IN THREE YEARS
Ira Breskin |
Customers are accepting the modest rate hike recently imposed by Zantop International Airlines Inc.,
Air Cargo
KLM POSTS RISE IN YEARLY EARNINGS
Journal of Commerce Staff |
KLM Royal Dutch Airlines earned 374 million guilders ($174.6 million), or 7 guilders a share on reve
Air Cargo
PEOPLE - COMMODITIES
Wire and Staff Reports |
SILVER USERS ELECT ROSENBLATTE. Richard Rosenblatt of the Polaroid Corp. was re-elected pres
INDONESIANS GET GO-AHEAD TO SELL PLANES IN THE US
P.T. Bangsberg |
A new commuter aircraft is likely to be seen soon over U.S. skies, a 35-seat turboprop built in Indo
Air Cargo
COCKPIT 'VOICE' WARNS OF COLLISIONS
(Ap) |
Two dots converge on a computer screen in the cockpit and a voice warns ''climb, climb" in a mandato
Air Cargo
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year5/24 5/23 Ch
CNW BOARD TAKES NO POSITION ON JAPONICA PARTNERS TAKEOVER BID
Howard S. Abramson |
CNW Corp.'s directors have decided to take no position on a tender offer by Japonica Partners LP to
Rail News
CN RAILWAYS TO CUT JOBS IN OCTOBER
Journal of Commerce Staff |
Canadian National Railways announced it will cut 1,500 jobs in October due to increased mechanizatio
Rail News
HIGH SCOTCH PRICES IRK JAPAN STORES
From Wire Reports |
Two leading Japanese department store chains are unhappy about the high price they are paying for Sc
Maritime
TAIWAN MISSION AIMS TO HIKE HIGH-TECH TIES
Philippe Le Corre |
A government-backed mission is due in the United States next week for a series of presentations to a
Maritime
CHINESE BANK SHORT OF FUNDS FOR FARMERS
P.T. Bangsberg |
As concern grows about the general state of China's agriculture, the nation's primary financing arm
COMMODITY BRIEFS
Wire and Staff Reports |
S. KOREANS CONSUMING MORE IMPORTED BEEFSEOUL, South Korea - South Korea's consumption of imp
AID TO ALLOW ALL FLAGS TO TAKE GOODS TO INDIA
Knight-Ridder Financial |
The Agency for International Development said it will allow ships of any flag to carry U.S. governme
Maritime
GRADISON EXPECTED TO DROP BID FOR ICC RENOMINATION
Howard S. Abramson |
Heather J. Gradison will soon withdraw her bid to secure another term as chairman of the Interstate
Trucking News
TRAFFIC BRIEFS
From Wire and Staff Reports |
PA. PROPOSES SURCHARGE FOR TRAFFIC VIOLATORSHARRISBURG, Pa. - Drivers of overweight or overs
Trucking News
ALLEGED ILLEGAL SALES OF HAFNIUM TO EAST GERMANY INVESTIGATED
(Ap) |
Police are investigating a Japanese machinery company that may have illegally exported to East Germa
Maritime
BOSTON PORT PURSUES MIDWEST INTERMODAL MART
TOM McNIFF Jr. |
The Massachusetts Port Authority is selling time savings and service in a campaign to attract Midwes
Rail News
INTERNATIONAL BRIEFS
Wire and Staff Reports |
CHINA, HONG KONG HALT WORK ON CONSTITUTIONWork on the Basic Law, which will dictate how Hong
Maritime
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