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TOKYO INSURERS SUFFER HUGE LOSSES ON DOLLAR
A.E. Cullison |
Japanese life and non-life insurance companies together will suffer $8 billion in overall exchange l
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
US, JAPAN TOUGHENING BEEF, CITRUS POSITIONS
(Ap) |
Japan seeks an agreement with the United States by the end of March on opening the Japanese market w
Maritime
HITACHI TO USE US-MADE CHIPS
From Wire Reports |
Hitachi Ltd., a major Japanese electric machinery maker, said Thursday it will use semiconductors pr
Maritime
SOVIET GRAIN HARVESTS REMAIN INSUFFICIENT
(Ap) |
Two Agriculture Department economists say the Soviet Union's agriculture is still in trouble despite
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
Virgin Islands to Buy Plant in St. CroixST. THOMAS, Virgin Islands - The U.S. Virgin Islands
Maritime
SHANGHAI'S SALE OF LAND RIGHTS STIRS EXCITEMENT
P.T. Bangsberg |
More than 200 inquiries were received for Shanghai's first auction of land since the communist takeo
S. AFRICA SANCTIONS PROPOSAL WOULD LIMIT LEASE BIDDING
Tim Sansbury |
A West Virginia congressman pressed this week for enactment of a South Africa sanctions proposal tha
SPOT PRODUCT PRICES
JOC Staff |
March 24, 1988 U.S. spot oil products price indications, sellers range, in cents per gallon,
ENERGY BRIEFS
From Wire and Staff Reports |
Occidental to Sell Colombia PropertiesOccidental Petroleum Corp. said it would sell 25 perce
BURNLEY INTENDED BARBS FOR FAA, NOT STAFF
Dave Higdon |
Transportation Secretary James Burnley Thursday reiterated that his Wednesday testimony on Capitol H
Air Cargo
PROVIDENCE, PORT GROUP CONSIDER MERGER
TOM McNIFF Jr. |
Positive results from a joint marketing effort have Rhode Island port officials wondering if merging
Maritime
JAPANESE APPLIANCE MAKING DOUGH IN US
Josh Goldstein |
While California farmers still struggle to send rice to Japan, the Japanese are cutting their way in
PRICE TAG ON DAMAGES COULD BE IN THE MILLIONS
Laura Raley Borda |
If the attorneys general who filed massive antitrust lawsuits against the insurance industry win the
QUOTA WATCH
Source: International Development Systems Inc., Washington, |
Current Textile Quotas: Where the Average Recent Utilization RateIndicates Full Quota Utiliz
Maritime
HONDA PLANS FIVEFOLD RISE IN EXPORTS FROM US
Bill Mongelluzzo |
U.S. subsidiaries of Japan's giant Honda Motor Co. project their total exports will grow to $1 billi
CHINA'S CONGRESS LIKELY TO STRESS HIGH-TECH, INVESTMENT NEEDS
Bill Mongelluzzo |
China's National People's Congress probably will emphasize the country's need for high technology an
UK CHEMICAL INDUSTRY INCREASES INVESTMENTS
Edwin Unsworth |
The U.K. chemical industry, firmly on a recovery path since 1983, is demonstrating confidence about
PLASTICS CORNER US-JAPAN VENTURE FINISHES PA. PLANT
Journal of Commerce Staff |
Polytribo Inc., a joint venture between Rohm & Haas Co. and Fujikura Kasei of Tokyo, recently comple
NH GOVERNOR ALLEGEDLY LOBBIED FOR SEABROOK EVACUATION PLAN
Boston Globe |
New Hampshire Gov. John Sununu waged an intensive lobbying campaign - directly and via the White Hou
HAMPTON ROADS HIGH ON '88
Robert F. Morison |
The three ports making up the Port of Hampton Roads are expected as a group to surpass the 5 million
Maritime
TRUCKING BRIEFS
From Wire and Staff Reports |
Agency to Consider Driver ExemptionsTransportation Secretary James Burnley said the departme
Trucking News
HOUSE, ADMINISTRATION PLANS FOR MARITIME FUNDING DIFFER
WILLIAM DiBENEDETTO |
The fiscal 1989 authorization bill for maritime programs under consideration in the House would prov
EPA ORDERS RECALL OF GM VEHICLES
(Ap) |
The Environmental Protection Agency has ordered General Motors Corp. to recall almost 500,000 1985 c
PEOPLE - FINANCIAL
Wire and Staff Reports |
ERNST & WHINNEY (New York) - Jeffrey L. Harfst joined the New York office of this international acco
FRENCH FINANCIAL PANEL URGES CODE OF CONDUCT
Knight-Ridder Financial |
A committee of French regulators, bankers and other financial authorities Thursday urged that Paris
US BUSINESSES URGED TO SET UP BASES IN JAPAN
Michael S. Lelyveld |
Ezra F. Vogel says there are more reasons for U.S. businesses to go to Japan than pursuit of the alm
Maritime
BECHTEL'S EXPECTATIONS HIGH DESPITE '87 VOLUME DECLINE
Mark Magnier |
Bechtel Group Inc. said it did one-third less work and took in 3 percent fewer orders last year than
Maritime
MM&P PLANS TO TERMINATE AFFILIATION WITH DOCKERS
Chris Dupin |
The International Organization of Masters, Mates and Pilots has proposed merging with the Marine Eng
CURRENT ISSUES STEER HOUSE PANEL ON MARITIME BUDGET OFF COURSE
WILLIAM DiBENEDETTO |
A House subcommittee meeting on 1989 maritime program funding levels was reminiscent of the old film
CHEMICAL EARNINGS
Wire and Staff Reports |
Rhone-Poulenc Net Up 17.5 percent in 1987France's state-owned chemicals group Rhone-Poulenc
TAMPER-PROOF PACKAGES UNDERGO IMPROVEMENTS
Chicago Tribune |
A new generation of tamper-evident packaging is being developed here as scientists seek to curb this
PEOPLE - CHEMICALS
From Wire and Staff Reports |
MONTEDISON SpA, (Milan) The chairman of Montedison SpA, Raul Gardini announced the appointment of A
TEXACO FACES NEW BATTLES, TAKEOVER THREAT
(Ap) |
After four years of tortuous litigation, Texaco Inc. has won permission to emerge from the bankruptc
SUBSIDY BOARD RULING OVERTURNED
Journal of Commerce Staff |
The U.S. District Court here overturned a decision of the Maritime Administration's Subsidy Board pe
Maritime
PEOPLE - INSURANCE
From Wire and Staff Reports |
FIREMAN'S FUND INSURANCE COS. (Novato, Calif.) - Leland Proimos was named senior vice president of t
CALIFORNIA VOTERS MAY ELECT INSURANCE RATE-SETTING BODY
(Ap) |
Prodded by several pending insurance initiatives, the California Senate insurance committee has appr
ATTORNEY GENERAL CRITICIZED FOR INACTION
(Ap) |
The president of the Connecticut Trial Lawyers Association Wednesday criticized Attorney General Jos
FINANCIAL BRIEFS
From Wire and Staff Reports |
British Companies Shunned By ArgentinaBUENOS AIRES, Argentina - Argentina is prohibiting alm
CUSTOMS SAYS IMPORTS OF CAVIAR ARE 'FISHY'
(Ap) |
A renowned caviar expert and a Miami roe dealer are accused of importing $1 million worth of Iranian
Maritime
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