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ANALYSTS PREDICT RATE CUT IN UK
Knight-Ridder Financial |
U.K. base lending rates probably will be cut by 0.5 percentage point to 8.0 percent if sterling rall
PRICES FOR LDC DEBT STABILIZE
Steven Marcy |
Traders in the secondary market for Third World debt expect prices and demand to remain generally st
PEOPLE - FINANCIAL
Wire and Staff Reports |
ERNST & WHINNEY (New York) - James C. Boland will become vice chairman and regional managing partner
FINANCIAL BRIEFS
Wire and Staff Reports |
Japanese Firms Deter BorrowingTOKYO - Concern that weakness of the U.S. dollar will reappear
CHILE MET '87 GOALS, REPORT BY IMF SAYS
Knight-Ridder Financial |
During 1987, Chile observed all quantitative performance criteria under the ongoing extended fund fa
BROOKINGS STUDY LINKS ECONOMIES
Journal of Commerce Staff |
The Brookings Institution today is publishing a two-volume study on economic interactions among nati
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
US GOING DEEPER IN DEBT TO WORLD
Gordon Platt |
The United States is going deeper and deeper into debt to the rest of the world despite recent progr
COST OF CREDIT
JOC Staff |
Tue., April 5, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
TAX TIME SEES WIDENING OF MUNI/TREASURY SPREAD
Kevin Commins |
The approach of the April 15 tax deadline is creating a potentially profitable spread trade between
RECESS DELAYS TRADE BILL ACCORD
Knight-Ridder Financial |
Most House of Representative conferees working on the farm portion of the omnibus trade bill have ag
INDUSTRIAL PRICE INDEX
JOC Staff |
Daily Index Textiles Metals Misc.Smoothedpercent Change, 1.65
COMMODITY BRIEFS
From Wire and Staff Reports |
More US Wheat Targeted for SovietsWASHINGTON - The U.S. Department of Agriculture said it ha
TRADE FAIRS
JOC Staff |
China Products Exhibition. A show for buyers, wholesalers, retailers and manufacturers from througho
Maritime
US, EC FARM LEADERS TO DEBATE SUPPORT CUTS
Knight-Ridder Financial |
Agricultural leaders from the United States, the European Community and other countries face each ot
JAPAN OPPOSES US PUNISHMENT OF TOSHIBA
(Ap) |
Japan's trade minister told U.S. Ambassador Mike Mansfield on Tuesday that the Reagan administration
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
Taiwan Firm to Get Austrian TechnologyWEST CALDWELL, N.J. - Evergreen Superior Alloys Corp.
Maritime
JAPAN PLANS TO OPEN SLOWLY THE DOORS TO ITS FOOD MARKETS
(Ap) |
Japan will attempt to widen foreign access to its agricultural market while also securing basic dome
Maritime
EXPORT BRIEFS
Wire and Staff Reports |
Wendy's Scheduled To Debut in IsraelDUBLIN, Ohio - Wendy's International Inc. has awarded it
Maritime
NEW PRODUCTS CABINET CONTROLS WINE TEMPERATURES
JOC Staff |
A dual-purpose wine-chiller cabinet from Britain simultaneously chills white wines and keeps red win
Maritime
DATABASE LISTS FOREIGN PRODUCTS
(Ap) |
U.S. companies soon will have access to a new computer database offering information about millions
Maritime
PEOPLE -IMPORTS STEINBERG NAMED EXECUTIVE VP AT SONY CORP. OF AMERICA
Wire and Staff Reports |
Charles A. Steinberg was named executive vice president, Sony Corp. of America, with responsibility
Maritime
HOW LABOR COSTS DIFFER OVERSEAS
(Ap) |
For a U.S. employer who measures his labor cost in dollars, Mexico was the cheapest country last yea
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
Volkswagen Begins Five-Week ShutdownNEW STANTON, Pa. - About 1,900 of the 2,500 workers at V
Maritime
JAPAN'S AUTO EXPORTS TO US FALL BELOW QUOTA
(Ap) |
Japanese automakers have fallen short of their government's 2.3 million quota on car exports to the
Maritime
JAMAICAN GOVERNMENT PROBING FREE ZONE WORKING CONDITIONS
Canute James |
The Jamaican government and U.S. and Asian investors in the Kingston Free Zone are arguing over work
Maritime
THE ECONOMY JOBS REPORT EXPECTED TO SHOW LITTLE CHANGE
Wire and Staff Reports |
The U.S. employment report is expected to show non-farm payroll job growth slowed in March from the
THE ECONOMY MANUFACTURING PROFIT FALLS NEARLY 25 PERCENT
Wire and Staff Reports |
Manufacturing corporations' after-tax profit averaged 4.3 cents per dollar of sales in the October-D
THE ECONOMY HOUSING AFFORDABILITY DIPPED IN FEBRUARY
Wire and Staff Reports |
The National Association of Realtors said today its housing affordability index fell slightly to 113
THE ECONOMY JAPANESE AUTO PLANTS CALLED JOB THREAT
Wire and Staff Reports |
The seven Japanese automakers' plants in the United States may cause 45,000 jobs to be lost in the d
THE ECONOMY UNEMPLOYMENT CLAIMS SHOW FURTHER DROP
Wire and Staff Reports |
New claims for state unemployment insurance benefits were made by 308,000 people during the week end
CONFLICT WITH US CLOUDS OUTLOOK FOR BRAZILIAN EXPORTS
James Bruce |
Brazilian exports are expected to grow this year, but resolution of thorny trade problems with the U
AS CHINA BUILDS COASTAL REGIONS INLAND AREAS SCRAMBLE FOR TRADE
(Ap) |
Officials of China's inland provinces indicated Tuesday that they are scrambling for development str
PURCHASE OF LATROBE WILL HELP LABATT MOVE INTO US MART
Terry Bivens |
For years, the Latrobe Brewing Co., makers of Rolling Rock beer, had one of the industry's more unus
NEWS SUMMARY
JOC Staff |
AIR CARGO The cost of flying cargo to Africa and the Middle East is going up. 1ABurlington
INFLATION HITS 22.6 PERCENT IN PERU
(Ap) |
Inflation rocketed to 22.6 percent during March, the biggest one-month inflation increase since Peru
COMPANIES IN TODAY'S NEWS
JOC Staff |
-A-B-C-D- Aetna Life & Casualty Co. 1AAir France 10BAir New Zealand 10B
2 US INSURERS WIN BIDS TO ENTER TAIWAN MARKET
Laura Raley Borda |
Two U.S. life insurers won bids to set up operations in Taiwan as part of an agreement between the t
ANALYST SAYS TANKER FIRMS BEST STOCKS IN SHIPPING
Rose A. Horowitz |
Tanker companies are the most attractive stocks for investors interested in the shipping industry, a
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