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FINANCIAL BRIEFS
Wire and Staff Reports |
FRAUD IN CHINA TOTALS $10 BILLION IN 5 YEARSBEIJING - China's state auditors in the past fiv
COST OF CREDIT
JOC Staff |
Thu., Sept. 15, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
ASIAN OFFSHORE CENTERS COMPETING WITH JAPAN'S
Knight-Ridder Financial |
Japan's offshore market has not turned out to be as serious a threat to offshore businesses in Singa
PERUVIANS SNAP UP REFRIGERATORS AS PAPER MONEY LOSES ITS VALUE
(Ap) |
With their currency losing ground rapidly in a spiraling inflation, Peruvians are buying up refriger
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FRENCH, W. GERMANS DISCUSS EXCHANGE RATES
Knight-Ridder Financial |
French Finance Minister Pierre Beregovoy said Thursday there is a convergence of views between Franc
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
MARITIME BRIEFS
From Wire and Staff Reports |
AUSTRALIAN TRUCKERS BLOCK CONTAINER TRAFFICSYDNEY, Australia - A truck drivers' blockade of
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
US UNITS PLAY KEY ROLE IN INTERMODAL SCHEME
Bill Mongelluzzo |
GST Corp., a Memphis-based consolidator and shipper's agent, might seem likean improbable model for
Maritime
NYK SETS SIGHTS ON US INLAND TRANSPORT
Bill Mongelluzzo |
Nippon Yusen Kaisha's position as the largest shipping company in Japan may have been enough to ensu
Maritime
SENATE PANEL SETS HEARING ON JONES ACT WAIVERS
Journal of Commerce Staff |
The Senate Merchant Marine Subcommittee will hear testimony Sept. 28 on two bills to waive Jones Act
Maritime
SEALIFT COMMAND SUSPENDS SEA-LAND RATES
Robert F. Morison |
The Navy's Military Sealift Command disclosed late Wednesday that it had suspended temporarily the r
Maritime
MARAD ORDERED TO PAY LEGAL FEES TO SMALL LINES THAT WON CHALLENGE
Journal of Commerce Staff |
The Maritime Administration faces its first federal court order to pay the legal fees for a challeng
Maritime
CUSTOMS' PAPERLESS SYSTEM PRAISED
Bill Mongelluzzo |
Earlier this decade the U.S. Customs Service promised customshouse brokers they would be rewarded if
Maritime
COOS BAY PORT BULLISH ON MYSTERY INVESTMENT
Journal of Commerce Staff |
Officials at Oregon's Port of Coos Bay hope a mystery investment by a local financier will spur more
Maritime
CANADA PACT A CHALLENGE TO NY FIRMS
(Ap) |
New York state could become known as the Gateway to Canada if its businesses take full advantage of
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
CHINA BANS EXPORTS OF PANDAS, MONKEYS BEIJING - China has temporarily banned the export of
Maritime
GOVERNOR SEEKS TO SELL CHINESE ON ILLINOIS
P.T. Bangsberg |
Illinois Gov. James R. Thompson kicks off a China tour today in the southern province of Guangdong,
Maritime
BUYING IN THE DOMINICAN REPUBLIC TRADE ZONES BOLSTER INDUSTRY
Geoffrey Brown |
The Dominican Republic's 12 industrial free trade zones help boost exports as well as attract foreig
Maritime
SENATE PANEL APPROVES S. AFRICAN SANCTIONS BILL
Keith M. Rockwell |
The Senate Foreign Relations Committee voted strictly along party lines Wednesday in approving legis
Maritime
MEXICO SEEKS TIES ACROSS THE PACIFIC
(Ap) |
The Mexican government, in a bid to ease its overwhelming economic dependence on the United States,
Maritime
MALAYSIA ADVOCATES LOCALIZED ELECTRONICS
P.T. Bangsberg |
The electronics industry in Malaysia, now heavily dominated by U.S. and Japanese companies, should b
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
CANADA TRADE SURPLUS INCREASES SLIGHTLYCanada's seasonally adjusted trade surplus was report
Maritime
EXPORT BRIEFS
Wire and Staff Reports |
GENERAL AUTOMATION SIGNS SINGAPORE PACTANAHEIM, Calif. - General Automation Inc., a supplier
Maritime
JAPANESE GROUP SLAMS US RICE COMPLAINT
Knight-Ridder Financial |
Leaders of Japan's largest agricultural union expressed bitter disappointment after U.S. rice groups
USDA'S CUT IN IMPORT FORECAST FOR SOYBEAN OIL CONFUSES TRADERS
Rosalind Krasny |
Lower U.S. soybean oil imports contained in the U.S. Department of Agriculture's supply and demand b
MEXICAN SUPERMARKETS WON'T BUY US BEEF
Peter Katel |
Buyers for a consortium of Mexico's biggest supermarkets have abandoned plans to make up Mexico's be
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year9/14 9/13 Chan
COMMODITY BRIEFS
Wire and Staff Reports |
AGENCY URGES DOUBLING OF AFRICA FARM OUTPUTAfrican agriculture will need to double productio
FLOODS DAMAGE FARMLAND IN CHINA
(Ap) |
Millions of acres of farmland have been flooded in central China and soldiers have joined civilians
BUYING - IN THE DOMINICAN REPUBLIC
JOC Staff |
Traditional Exports Textiles and apparel, cocoa, coffee, sugar, fruit, tobacco.Potential Exp
Maritime
ACID RAIN BILL LIKELY IN '89, COAL PRODUCERS ADVISED
Tim Sansbury |
Sen. John Warner, R-Va., said Congress won't pass acid rain legislation before adjourning in October
EXPORT OPPORTUNITIES
US Department of Commerce |
Trade leads supplied by: US Department of Commerce, U.S. and Foreign Commercial Service, Room HCHB 3
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Sept. 14, 1988 U.S. spot oil products price indications, sellers range, in cents per gallon,
WESTAR PETROLEUM AGREES TO SALE
Journal of Commerce Special |
Westar Petroleum Ltd. has reached an agreement in principle to sell its Canadian oil and gas assets
BRITISH GAS BUYS LASMO SHARES
(Reuter) |
British Gas PLC, the British natural gas utility, said it bought 2 million shares, or a 1.14 percent
STORM THREAT, OPEC ACTION PROPEL PRICES
Sam Glasser |
Oil prices shot up like rockets Wednesday as one of the worst storms ever threatened the Gulf Coast
NIGERIA HINTS AT OIL PRIVATIZATION
Knight-Ridder Financial |
Nigeria may introduce some measures of privatization in its oil industry during the 1990s, according
ENERGY BRIEFS
From Wire and Staff Reports |
PHILADELPHIA ELECTRIC'S POWER, GAS SALES UPPhiladelphia Electric Co.'s electricity and natur
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