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CHINA GROOMING SHANGHAI AS NATION'S FINANCIAL HUB
Noel Fletcher |
In a significant switch in policy, Chinese officials now say Shanghai's future lies in its becoming
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Japan Reports Data On Current AccountJapan posted a current account surplus of US$6.849 Bill
Maritime
EXPORT BRIEFS
Wire and Staff Reports |
Soviet Union Purchases More Corn From USThe Soviet Union has bought an additional 101,600 me
Maritime
SUGAR PLANTING GROWTH MAY CUT IMPORTS
From Wire Reports |
U.S. sugar beet growers plan to increase their plantings, a move the Sweetener Users Association sai
Maritime
BROOKSTONE PLANS MEXICO, MO., PLANT
(Ap) |
A New Hampshire company said it would build a catalog sales distribution center in Mexico, bringing
JAPAN TOLD THIRD WORLD COULD USE SURPLUS CASH
(Ap) |
World Bank President Barber Conable has called for Japanese companies to channel more of their surpl
ENERGY BRIEFS
From Wire and Staff Reports |
Nigeria to Buy Shares In Foreign RefineriesLAGOS, Nigeria - Nigeria has been refining an ave
CHEMICAL BRIEFS
From Wire and Staff Reports |
BASF Unit to Form Taiwan Plastic VentureFRANKFURT, West Germany - Elastogran GmbH, a subsidi
AGENCY EYES CHANGES IN CARGO HOLD REGULATIONS
Dave Higdon |
A special team of Federal Aviation Administration staffers has begun studying the need for changes t
Air Cargo
FLEXIBLE BENEFIT PLANS GROWING IN POPULARITY
Journal of Commerce Staff |
Employers rapidly are replacing traditional benefit programs with flexible benefit plans, according
GLOBAL BANKING MART COMPETITION HEATS UP
Gordon Platt |
Too many banks are aspiring to leadership positions in the global marketplace, and not all will succ
DEUTSCHE BANK EARNINGS DECLINE
Knight-Ridder Financial |
Deutsche Bank's operating profit fell 41 percent in 1987, due largely to the fall in the value of th
COMPANIES IN TODAY'S NEWS
JOC Staff |
-A-B-C-D- ABI Management Inc. 9AACLI International Inc. 6AACLI Metals (London) L
HISTORIC MEETING WILL EXPLORE DELAWARE RIVER PORT UNIFICATION
Gloria Joseph |
The governors of Delaware, New Jersey and Pennsylvania will hold formal talks Monday aimed at unifyi
JOINT BUDGET PLAN DRAWS RAPID FIRE
John Boyd |
The Senate Budget Committee approved a bipartisan 1989 budget that was criticized by senators who mu
MATCHBOX ADDS PLANT IN THAILAND TO CUT COSTS
P.T. Bangsberg |
A major Hong Kong toymaker with strong U.S. ties is moving offshore to escape a labor shortage and t
Maritime
THE ECONOMY US FACTORY ORDERS DECLINE FOR SECOND STRAIGHT MONTH
(Ap) |
Orders to U.S. factories for manufactured goods fell 0.8 percent in February, the second consecutive
CONSTRUCTION CONTRACTS GROW 10 PERCENT
(Ap) |
Contracting for future construction projects jumped 10 percent in February, recouping January's 8 pe
WORLD TODAY
From Wire and Staff Reports |
Customs Pushes Faster Than Expected on EDIThe U.S. Customs Service is pushing ahead with ele
CUBAN SUGAR SWAPS EXPECTED TO CONTINUE
Jacqueline Kosko |
Cuba's sugar swaps and deferral arrangements will continue in 1989, traders here said. The r
COMMERCE HELPS CHEMICAL FIRMS CLINCH INTERNATIONAL DEALS
Kenneth Reid |
For major chemical companies like Air Products Corp. and myriad smaller chemical companies, key assi
ENERGY BRIEFS
From Wire and Staff Reports |
Canadian Utility Staff Favored in Sell-off PlanVANCOUVER, British Columbia - Employees of fo
NS HAS PLANS TO DOUBLE ITS ROADRAILER SERVICE
Andrea Chancellor |
Norfolk Southern Corp. will more than double its Triple Crown RoadRailer service to 100 trains a wee
Rail News
MARK VII SAYS IT'LL BE FASTER, CHEAPER THAN MOTOR CARRIERS
Andrea Chancellor |
The proposed Mark VII RoadRailer network said it will cut travel time in half and shave several cent
Rail News
TRADE HANDLED BY UK PORTS UP SLIGHTLY
Marion Cotter |
Trade handled by U.K. ports and airports last year totaled 318 million tons - marginally up on the 1
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1621.5 (March 30, 1988) Previous day - 1630.0 The Baltic International Freight Futures Excha
Maritime
AGENCY OKS SETTLEMENT OF TAIWAN-FLAG PROBE BY ROBERT F. MORISON
Journal of Commerce Staff |
The Federal Maritime Commission agreed to a settlement closing its investigation into operations of
Maritime
MEXICO HAS SURPLUS ON CURRENT ACCOUNT
WILLIAM A. ORME Jr. |
Rising oil prices and a 24 percent jump in manufactured export sales left Mexico a solid US$4.23 bil
US FARMERS STAY PLACID AMID JAPAN BEEF FIGHT
Josh Goldstein |
U.S. beef and orange interests will continue exporting to Japan on Friday even if the U.S.-Japan agr
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
EC Consumer Prices Rose 0.3 percent in FebruaryBRUSSELS, Belgium - Consumer prices in the 12
Maritime
QUOTE TO NOTE
JOC Staff |
On U.S. trade with the Caribbean: Behind the smiling face of our diplomacy are the teeth of
Maritime
COCOA PRICE DELIGHTS CHOCOLATE LOVERS
(Ap) |
Life has gotten sweeter for chocolate lovers, thanks to a drop in cocoa prices that has translated i
Maritime
NY SUIT CLAIMS FLORIST ILLEGALLY DUMPED PESTICIDE
(Ap) |
A civil lawsuit against one of the state's largest wholesale florists charging illegal and improper
EXPORT OPPORTUNITIES
US Department of Commerce |
HOW TO USE: Trade leads on this page are listed according to industry. Codes preceding each
Maritime
PEOPLE - TRANSPORT
From Wire and Staff Reports |
CSX TRANSPORTATION (Baltimore) - James M. White was promoted to assistant vice president, industrial
Trucking News
MARITIME CALENDAR
JOC Staff |
American Association of Port Authorities. Spring conference. April 6-7. Sheraton Grand Hotel, Washin
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
Batus Unit Extends Deadline on OfferLOUISVILLE, Ky. - Batus Inc. said Wednesday that its who
BAKER URGES CONGRESS TO SUPPORT DEVELOPMENT BANK FUNDING PLAN
Knight-Ridder Financial |
Treasury Secretary James A. Baker III Wednesday asked a Senate appropriations committee to support t
COST OF CREDIT
JOC Staff |
Wed., March 30, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
NEW ALCOA CHAIRMAN WANTS FOCUS TO BE ON ALUMINUM
(Ap) |
Alcoa Chairman Paul O'Neill says the company will concentrate on the business that its name reflects
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