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MARITIME BRIEFS
From Wire and Staff Reports |
SEATTLE, CHINA MARK A DECADE OF TRADEThe 10th anniversary of re-establishment of maritime tr
Maritime
SINGAPOREAN YARD GETS SANTA FE RIG ORDER
P.T. Bangsberg |
Far East Levingston Shipbuilding Ltd., a unit of Singapore's Keppel Group, has bagged its second oil
Maritime
DOLLAR RISES IN LATE TRADING ON FED OFFICIAL'S REMARKS
Knight-Ridder Financial |
The U.S. dollar rose late Thursday after Federal Reserve Vice Chairman Manuel Johnson said the dolla
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
HOWARD SIMON - SIMON SAYS
Howard Simon |
ASK PETER WILDBLOOD, CHAIRMAN of the London Petroleum Exchange Ltd., about computerized trading and
DUTY MAY NOT HURT CANADA PORK SALES
Knight-Ridder Financial |
The Commerce Department's decision to slap new countervailing duties on Canadian pork shipped to the
JEWISH GROUP MAY URGE LOWER TARIFFS FOR SOVIETS
Richard Lawrence |
U.S. Jewish leaders may decide in mid-June whether to recommend lower U.S. tariffs on Soviet goods.<
SHIP LINES COULD LOSE INTERMODAL CONTROL
Craig Dunlap |
As power slips away from destabilized ocean carriers, future control of international cargo transpor
STATES WEIGH SOLUTIONS FOR TANK LEAK CRISIS
Cristina Lee |
A growing number of states are stepping in or are studying plans to help gasoline station owners cop
NORWAY'S AUTRONICA MARKETS COMPUTER BERTHING SYSTEM
Journal of Commerce Staff |
A Norwegian company is beginning to market its own radar-based computer system designed for safe and
Maritime
CHICAGO-STYLE HOT DOGS TO BE MADE IN JAPAN
(Ap) |
As slogans go, "the heartful food with a harmony taste" lacks the gusto of ''drag it through the gar
Maritime
NY TRADERS ARE ORDERED TO SHOW THEIR RECORDS
Howard Simon |
The Commodity Futures Trading Commission is investigating trading practices at the New York Mercanti
CONSUMERS POWER FILES OVER 20 SUPPLY CONTRACTS
Journal of Commerce Staff |
Consumers Power Co. filed with the Michigan Public Service Commission a package of more than 20 powe
THE ECONOMY
From Wire Reports |
UNEMPLOYMENT CLAIMS INCREASE IN WEEKNew claims for state unemployment insurance benefits wer
FREIGHT RATE FUTURES
JOC Staff |
May 4, 1989 Baltic International Freight Futures MarketPreClose High Low Vol. C
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1687 (May 4, 1989) Previous day - 1649 The Baltic International Freight Futures Market in Lo
Maritime
PEOPLE - INSURANCE FIRST AMERICAN TITLE NAMES NEW PRESIDENT
Journal of Commerce Staff |
Parker S. Kennedy, 41, was named president at First American Title Insurance Co., a large title insu
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
BANKERS: EDI PRESENTS OPPORTUNITY, CHALLENGE
Torrey Byles |
Electronic data interchange will have a "major" impact on the banking industry, according to a just-
TAX MAY THREATEN JAPANESE STABILITY
A.E. Cullison |
Mounting inflationary tendencies, led by the recent introduction of a 3 percent consumption tax, cou
Maritime
HONG KONG'S IMC ADDING FOUR SHIPS TO ITS FLEET
P.T. Bangsberg |
International Maritime Carriers (Holdings) Ltd. is tapping shareholders to finance four more ships,
Maritime
BILL USES AIRPORT FEES TO PAY FOR DETECTORS
(Ap) |
A House aviation subcommittee has advanced a bill to install sophisticated bomb-detection devices at
Air Cargo
'89 US WHEAT CROP FORECAST TO INCREASE
Knight-Ridder Financial |
Private crop forecaster Sparks Commodities Inc. has pegged total U.S. 1989 wheat production at 2.0 b
HILLS SAYS US ACTIONS MAY AFFECT TRADE TALKS
Richard Lawrence |
Unilateral U.S. action under the 1988 trade law against foreign unfair trade practices could complic
STOLT POSTS 200 PERCENT JUMP IN EARNINGS
Journal of Commerce Staff |
A strengthening market for liquid chemical shipping helped Stolt Tankers & Terminals (Holdings) SA b
Maritime
ECONOMIC DATA ABROAD
Wire and Staff Reports |
CONSUMER PRICES RISE 0.4 PERCENT IN SOUTH KOREASEOUL, South Korea - South Korea's consumer p
Maritime
BRIGHT GROWTH PROSPECTS FUEL WASTE-TO-ENERGY COMPETITION
Al Wyss |
Bright growth prospects have led to increased competition in the relatively young U.S. waste-to-ener
FINANCIAL BRIEFS
Wire and Staff Reports |
INDONESIA RAISES EXPORT CREDIT RATESJAKARTA, Indonesia - Indonesia will slash subsidies on e
ECONOMIC CLIMATE VARIES AT FED DISTRICTS
Anita Schrodt |
The Federal Reserve Board's overall report on the nation's economy, generally optimistic, does point
BANKERS ARE SKEPTICAL ABOUT BRADY PROPOSAL
William Armbruster |
Bankers remain skeptical about Treasury Secretary Nicholas Brady's plan for Third World debt relief.
DOT APPROVES TRANSFER OF TIGERS'AIR RIGHTS
Leo Abruzzese |
The Department of Transportation formally approved the transfer of Flying Tigers' air cargo rights t
Air Cargo
US, EC MOVE TO END BEEF HORMONE DISPUTE
Richard Lawrence |
The United States and the 12-nation European Community have reached a tentative compromise toward re
EC CHARGES VIOLATIONS IN US TRADE ACT
Keith M. Rockwell |
The European Community targeted a host of provisions in the U.S. Trade Act of 1988 as violating exis
TAKESHITA WANTS TO STAY IN POLITICS
From Wire Reports |
Japanese Prime Minister Noboru Takeshita, who will resign his position later this month over links t
Maritime
COST OF CREDIT
JOC Staff |
Wed., May 3, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K.
BOXPORT OPERATOR GETS HONG KONG NOD TO BUILD MTL TO USE SITE FOR WAREHOUSING
P.T. Bangsberg |
One of the two main containerport operators here has received official approval for an extension as
Maritime
LAST RITES ADMINISTERED FOR NEW YORK'S 'LLOYD'S'
Cristina Lee |
Like a patient with terminal cancer, the failed New York Insurance Exchange is chugging toward a pai
DOLLAR EDGES HIGHER DESPITE THREE ROUNDS OF CENTRAL BANK SALES
Knight-Ridder Financial |
The U.S. dollar edged higher Wednesday despite three rounds of dollar-selling by central banks.<
EASTERN TO STAND BY TRUMP DEAL DESPITE AMERICA WEST SHUTTLE BID
(Reuter) |
America West Airlines Inc. said Wednesday it offered to buy Eastern Airlines' Northeast shuttle, but
Air Cargo
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