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FINANCIAL BRIEFS
Wire and Staff Reports |
W. GERMAN RATE RISE IS MARKET ADJUSTMENTTORONTO - The rise in West German repurchase rates t
CORN FUTURES SKYROCKET TO THREE- YEAR HIGHS
Susan Buchanan |
Corn futures have rocketed to 3 1/2 year highs, as the crop faces a critical period in its growth.
DRY WEATHER FORCES UP PRICE OF COTTON CROP
Linda Hopwood |
Cotton futures appear to be headed higher in the near term, following in the path of soybeans, which
ALBERT L. KRAUS - MARKETS & MONEY ACTION AT TREASURY IS BAKER LEGACY
Albert L. Kraus |
Secretary of the Treasury James A. Baker III has persistently denied rumors he will be leaving his p
COCOA PRODUCTION EXPECTED HIGHER
(Ap) |
World production of cocoa in the 1987-88 season could exceed 2 million metric tons for the first tim
NORWAY'S TRADE DEFICIT GROWS
Bob Wesenberg |
Norway's trade deficit quadrupled during the first three months of this yearbecause of incre
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
US REPORTEDLY REJECTS CHINA BID FOR WHEATKANSAS CITY, Kan.- China's bid for 500,000 metric t
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
CHINA SETS UP GROUP FOR OVERSEAS CONTRACTSThe Chinese government has approved the establishm
Maritime
EXPORT BRIEFS
From Wire and Staff Reports |
CONFERENCE ON FORESTS OPENS IN MALAYSIAKUALA LUMPUR, Malaysia - Fifty experts from around th
Maritime
COMPAQ WILL EXPAND OPERATIONS IN SINGAPORE
P.T. Bangsberg |
Compaq Computer Corp. of Houston announced Monday that it will expand its Asian presence by investin
Maritime
PEOPLE - TRADE
Wire and Staff Reports |
BECHTEL GROUP INC. (San Francisco) - John D. Carter, senior vice president, was named general counse
Maritime
CHINA BLASTS WEST ON SPACE PROGRAM
P.T. Bangsberg |
A senior official in China's embryonic space industry accused Western nations Monday of trying to ke
Maritime
'SPARK PROGRAM' FIRES UP RURAL CHINA'S MODERNIZATION
Noel Fletcher |
China is seeking foreign science and technology to develop its agriculture and rural industry in a g
Maritime
NEW PRODUCTS NEW SEIKO WATCH IS SELF-GENERATING
JOC Staff |
Hattori Seiko Co., of Tokyo, said it has developed an automatic self- generating quartz watch that e
Maritime
PEOPLE - TRADE
From Wire and Staff Reports |
CATERPILLAR INC. (Peoria, Ill.) - Keith G. Johnson, chairman of Shin Caterpillar Mitsubishi Ltd. of
Maritime
STEEL DUMPING PETITION TARGETS UK
Journal of Commerce Staff |
McDonald Steel Corp. said Monday it is preparing a petition to be filed simultaneously with the U.S.
Maritime
QUOTA WATCH
Source: American Association of Exporters and Importers |
Textile Quotas to Watch as of 6/18/88* Fully Utilized Textile Quotas as of 6/18/88* Reflects
Maritime
HYUNDAI AUTO, CONTAINER UNITS BACK TO NORMAL
Hannah Moore |
The automotive and container divisions of Hyundai group, one of South Korea's largest export conglom
Maritime
CALIF. LIABILITY LAW TO BE TESTED SOON
(Ap) |
California's consumer products liability law, which grants immunity to cigarette makers among others
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
IMPORT BRIEFS
From Wire and Staff Reports |
CHINA RESTRICTS OUTPUT OF CONSUMER DURABLESThe Chinese Ministry of Light Industry has issued
Maritime
BMW COURTS MARKET THAT'S GROWING OLDER
(Ap) |
When stocks crashed in October and Wall Street used black humor to cope with Black Monday, the joke
Maritime
MASS. SENATE BEGINS DEBATE ON AUTO COVER
TOM McNIFF JR. |
Massachusetts state senators today will take up the issue of automobile insurance reform, with indus
PRUDENTIAL SETTING PLANS TO ENTER S. KOREAN MART
Hannah Moore |
Prudential Life Insurance Co. is planning to enter the newly opened South Korean life insurance mark
COMMERCIAL CONTRACTS SPECIFYING VENUE FOR LAWSUITS WIN FAVOR
Leah R. Young |
The Supreme Court Monday strengthened the hand of corporations that place language into commercial c
CITY POLICIES ON CLUBS UPHELD
(Ap) |
The U.S. Supreme Court ruled Monday that New York City can force privateclubs with more than
ECONOMIST W.H. HUTT DIES AT 89
(Ap) |
William H. Hutt, an economist who championed free enterprise and attacked South Africa's apartheid s
INSURANCE BRIEFS
From Wire and Staff Reports |
F.B. HALL TO COMBINE GLOBAL BENEFITS COS.BRIARCLIFF MANOR, N.Y. - Frank B. Hall & Co. Monday
KUWAIT EXAMINES FOREIGN INVESTMENT
(Ap) |
Kuwait set up a special panel to reappraise the performance of the public agency that controls the i
HONG KONG SALES DIP AT ELECTRONICS SHOW
P.T. Bangsberg |
Sales by Hong Kong companies at this month's summer consumer electronics show in Chicago were sharpl
ACTIVISTS PROTEST WHALE MEAT TRADE
(Ap) |
Greenpeace environmentalists on Monday chained themselves to a container of whale meat intended for
ILLINOIS EXPECTED TO PASS LEGISLATION ON AUTO INSURANCE
William Armbruster |
The Illinois legislature is expected to pass a bill that would require the state's 7 million motoris
SINO-US TALKS ON TRADE OPEN
Noel Fletcher |
The largest Sino-American business conference ever opened Monday with both sides hailing recent trad
CHINA BARTERS WITH SOVIET UNION FOR POWER-GENERATING EQUIPMENT
Noel Fletcher |
Negotiations are under way between China and the Soviet Union to build a half dozen power plants tha
FIDELITY NATIONAL POSTS SECOND QUARTER RESULTS
JOC Staff |
Fidelity National Financial Inc. reported Monday that net income for the second quarter ending April
CHINESE FIRM GIVES DETAILS OF PREMIUMS
JOC Staff |
People's Insurance Co. of China, the state-run insurance monopoly, reported that its insurance premi
BOTH SIDES CLAIM VICTORY IN TOBACCO SUIT
(Ap) |
The landmark Cipollone cigarette liability case boiled down to a few key questions, not all of which
CURRENCIES' VOLATILITY WORRISOME TO VOLCKER
William Armbruster |
Former Federal Reserve chairman Paul A. Volcker expressed concern about the volatility of exchange r
WORLD TODAY
From Wire and Staff Reports |
FED WATCHERS SOUND INTEREST RATE ALARMCredit market analysts who track the Federal Reserve's
SIERRA RESEARCH TO SUPPLY AIR FORCE SIMULATION SYSTEMS
(Ap) |
Sierra Research has received a $118.1 million contract from the Air Force to make electronic systems
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