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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
FINANCIAL BRIEFS
Wire and Staff Reports |
S. KOREA EVENTUALLY TO FLOAT ITS CURRENCYSEOUL, South Korea - South Korea's won currency wil
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
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
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
KAN. FARMERS TELL HOUSE PANEL DROUGHT LOSSES IN THE BILLIONS
Knight-Ridder Newspapers |
Wheat crop losses in Kansas this year could exceed $800 million, and drought- related economic fallo
TEXAS LAWMAKERS HIT FOR SOFTER REFORM STANCE
Gary Taylor |
In the wake of complaints from Texas consumer groups, architects of an insurance reform package rema
MAGAZINE CRITICAL OF MEDIGAP POLICIES
Kenneth J. Cooper |
More than half of the insurance policies sold to supplement Medicare provide inadequate coverage for
RISK GROUPS URGE FEDERAL LEGISLATION TO CLARIFY RULES
Laura Raley Borda |
A crazy quilt of state insurance regulations poses a tough obstacle for risk retention groups and f
MORE EMPLOYEES WILL PAY PORTION OF HEALTH-CARE BILL
(Ap) |
A growing number of companies intend to require their employees to pay a greater share of their heal
SLOWDOWN IS EXPECTED IN COMPUTER GROWTH RATES
(Ap) |
Between now and 1993 there is likely to be a slowdown in worldwide growth rates for computers and ot
MARITIME BRIEFS
From Wire and Staff Reports |
UK DOCK STRIKE RULING IS EXPECTED FRIDAYA High Court decision on the legality of threatened
Maritime
TRADE GROUP OPEN FOR BUSINESS DESPITE CHICAGO CENTER DELAYS
Anita Schrodt |
The Illinois World Trade Center Association is opening its doors to membership and offering services
WORLD TODAY
From Wire and Staff Reports |
SOVIET TROOP CUT PLAN WELCOMED BY BUSHNEW LONDON, Conn., - President Bush Wednesday welcomed
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
EXPORT BRIEFS
Wire Reports |
FSX TECHNOLOGY CURBS PASSED BY HOUSE PANELThe House Foreign Affairs Committee passed a resol
Maritime
DEBTORS MAY BENEFIT IF US ACTS TO CURB DOLLAR'S RISE
From Wire Reports |
While a higher dollar creates problems for Latin American debtors, the possiblity that it will force
NEWS SUMMARY
JOC Staff |
* Iran-Iraq Peace Boosts Bailey Controls' Business 3A * Iceland Woos Fish Buyers 4A* Tom Con
METALS MAY FALL ON FIRM DOLLAR
Howard Simon |
A firmer dollar may result in lower metal prices, but crude oil and grains are not likely to be affe
MIDDLE EAST INDUSTRIAL REBIRTH SPURS OHIO COMPANY'S EXPORTS
Kevin Commins |
The end of the Iran-Iraq War last September has fueled a big increase in Middle East exports for Bai
EC SEEKS GENUINE INTERMODAL NETWORK
Janet Porter |
A genuine intermodal transport network needs to be developed in Europe, transport ministers from 19
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
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
STUDY SAYS SHIPOWNERS SHOULD HEDGE RISKS
P.T. Bangsberg |
Shipowners should become adept at using sophisticated financial tools like interest rate swaps and o
PEOPLE - OIL / GAS
From Wire and Staff Reports |
METALLGESELLSCHAFT CORP. (Houston) - Conlin R. "Lyn" Brogan and Steve Wormington joined the company.
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
STEEL LEADERS WANT STIFFER US POLICY ON IMPORT CONTROLS
Richard Lawrence |
U.S. steel industry leaders made clear Wednesday that they will not accept any softening of governme
Maritime
PEOPLE - TRADE TUNA CANNERY NAMES PEREZ PRESIDENT
Wire and Staff Reports |
WOODBRIDGE, N.J. - William D. Perez was named president and chief executive officer of Pan Pacific F
Maritime
HEALTH SURVEY FINDS TOO MANY WEIGH TOO MUCH
(Ap) |
Nearly two-thirds of Americans are too fat, and more than a third are at least 10 percent over the r
HOPEFUL THEME EMERGES AT MARITIME DAY EVENT
David F. White |
The Bush administration's efforts to lead the United States toward a more effective maritime policy
Maritime
SOFT HOUSING MARKET IN NEW ORLEANS SINKS NC PORTS PROSPECT
Craig Dunlap |
The dismal Louisiana economy reached out some 800 miles and knocked the wind out of the North Caroli
Maritime
EC READY TO ESTABLISH EUROPEAN SHIP REGISTER AIM IS TO HALT DECLINE OF FLEET
Bruce Barnard |
The European Community is poised to take the first step toward setting up a European shipping regist
Maritime
GUILLOTINES EXECUTE A STRONG COMEBACK AS METAL CUTTERS
Jennifer Friedland |
C'est ironique! A U.S. manufacturer is exporting a guillotine to France. To be exact, Contin
US EXPORTERS TAKE INCREASE IN VALUE OF DOLLAR IN STRIDE CONTINUED STRENGTH MAY AID TRADE BALANCE
Richard Lawrence |
The U.S. trade balance may improve, not worsen, if the dollar maintains its strength in foreign exch
BOC GROUP AGREES TO BUY UGI'S INDUSTRIAL GAS UNIT
Journal of Commerce Staff |
BOC Group has agreed to buy UGI Corp.'s AmeriGas industrial gases and carbon dioxide divisions for a
COST OF CREDIT
JOC Staff |
Wed., May 24, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
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
PEOPLE - COMMODITIES
Wire and Staff Reports |
SILVER USERS ELECT ROSENBLATTE. Richard Rosenblatt of the Polaroid Corp. was re-elected pres
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