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HONG KONG BANKS DEFER NEGATIVE RATES
P.T. Bangsberg |
Hong Kong banks probably won't impose any punitive negative interest rates as a means to ward off sp
THE ECONOMY CONSUMERS EXPAND DEBT
Journal of Commerce Staff |
U.S. consumers took on $2.2 billion more in consumer installment credit than they paid off in Novemb
NEWS SUMMARY
JOC Staff |
AVIATION The president of the Air Transport Association says Congress shortchanged the airli
S. KOREA ADVISED ON CHINESE TRADE
(Ap) |
In expanding economic relations with China, South Korea should initially stress technical transfers
PUBLIC RELATIONS EXECUTIVE, JOURNALIST JULIAN LEE, DIES
Journal of Commerce Staff |
Julian Lee, a public relations executive and former Journal of Commerce staffer, died this week.
ASHLAND POLLUTION COVER EXPECTED TO HOLD UP
Paula L. Green |
The pollution liability coverage for Ashland Oil Inc. will probably still hold up despite the oil co
AGENTS AWAIT BILL TO RESTRICT BANKS
Leah R. Young |
Insurance agents are waiting and hoping for the introduction of a new banking bill that will counter
SHUTTLE DELAYS PROVE COSTLY TO US SPACE PROGRAM
(Ap) |
The United States' ambitious program of planetary exploration, already years behind schedule and mil
BRAZIL DEBT TALKS TO RESUME WITH TEAM PARTIALLY INTACT
James Bruce |
Brazilian debt renegotiation talks resume in New York next week under President Jose Sarney's fourth
ON THE MOVE
Journal of Commerce Staff Report |
J. Pope to Fly 'Friendly Skies'Instead of AMRJohn C. Pope was named chief financial
STOCK MARKET CRASH MAY FORCE CHANGES IN MERGERS, FINANCING
(Ap) |
Merger and acquisition pros, who last year worried about the impact of tax reform, vow they'll survi
PUBLISHER'S NOTEBOOK
Don C. Becker |
There's nothing like a tropical vacation in the dead of winter. It helps keep life's natural rhythms
ECONOMY PLODS ON AFTER BLACK MONDAY
(Ap) |
Like a boxer shrugging off a punch to the midsection, the economy absorbed the stock market crash of
RAIN FALLS AND INSURER GETS DOUSED
(Ap) |
A Greek hotel manager received a $52,000 check Monday because he took out insurance against rain fal
CATHOLIC HOSPITALS BUY INSURER
Journal of Commerce Staff |
A group of Roman Catholic hospitals bought an insurance company to provide malpractice insurance for
COUGH SYRUP IS RECALLED
(Ap) |
A Morton Grove, Ill., drug manufacturer Friday could not explain why one of its cough syrup bottles
INSURANCE BRIEFS
From Wire and Staff Reports |
P.R. Marketing Must Defend TacticsThe Department of Insurance has ordered P.R. Marketing Ins
SECURITY TRUST LIFE SELLS TEXAS OPERATIONS JOURNAL OF COMMERCE STAFF
JOC Staff |
Security Trust Life Insurance Co., a subsidiary of Southlife Holding Co. here, has sold its Texas ho
MUNICIPAL BOND OUTLOOK BULLISH
Paula L. Green |
A major municipal bond insurer is optimistic about the industry's fortunes in 1988 despite the uncer
FLA. INSURANCE SYSTEM GETS GOOD REPORT CARD
Journal of Commerce Staff |
After studying the Florida insurance system, a task force has found that rate regulation in Florida
INTERVENTION AIMED TO 'CORRECT' DOLLAR
A.E. Cullison |
This week's coordinated intervention in exchange markets by major central banks was aimed at correc
DOLLAR MOVES HIGHER AGAIN AFTER SHORT SINKING SPELL
Knight-Ridder Financial |
The U.S. dollar rose again Wednesday after a "bear squeeze" sent it tumbling more than 2 percent aga
FINANCIAL BRIEFS
Wire and Staff Reports |
Soviet Bank Move Reflects Currency NeedMOSCOW - The decision by a Soviet bank to take out a
DEALERS CLAIM CENTRAL BANKS MADE SMART MOVE IN US NOTES
Knight-Ridder Financial |
Dealers in U.S. Treasury securities said foreign central banks have shown an unusual willingness to
FARM CREDIT SYSTEM RESCUE BILL SIGNED
Paul S. Tosto |
President Reagan Wednesday signed into law a bill designed to rescue the financially crippled Farm C
BRAZIL'S NEW MINISTER TO SEEK IMF ACCORD
(Ap) |
Economist Mailson Ferreira da Nobrega, who was named Brazil's new finance minister Tuesday, promised
STEEL OUTPUT ROSE 3.7 PERCENT IN WEEK
(Ap) |
Steel production rose to 1.747 million tons in the week ended Jan. 2, an increase of 3.7 percent fro
CENTRAL BANK BUYING CHASES DOLLAR BEARS
Alan Zimmerman |
Two events stand out in the foreign exchange market's 1988 debut, market observers say - the size an
IMF OFFICIALS VISIT ARGENTINA
Journal of Commerce Special |
Officials from the International Monetary Fund arrived in Argentina Wednesday amid hopes the governm
EXPORT BRIEFS
Wire and Staff Reports |
Canadians to Discuss Liquor Law DisputeFederal and provincial trade officials meet here Frid
Maritime
1ST WEEK OF NEW YEAR BRINGS NO RELIEF IN US-EC TRADE WOES
Bruce Barnard |
Fears that agriculture will be the focus of trade conflict between the United States and the Europea
Maritime
CHINA RINGS UP COMMUNICATIONS GROWTH
P.T. Bangsberg |
From second-hand U.S. telephones to state-of-the-art satellite dishes, China is rushing to greet the
Maritime
USDA EXAMINES SUGAR BONUS PLAN
Sue Kirchhoff |
Analysts at the U.S. Department of Agriculture are trying to translate into workable policy last-min
Maritime
QUOTE TO NOTE
JOC Staff |
On the U.S.-Canada Free Trade Agreement: The agreement provides an incentive for imports fro
Maritime
APPAREL IMPORTERS NEGOTIATING CONTRACTS WITH OCEAN CARRIERS
Rosalind Rachid |
A shippers association of U.S. apparel importers and retailers has begun talks with ocean carriers o
Maritime
VOLUNTEERS PICK COFFEE IN NICARAGUA
(Ap) |
Some 40 Finns working in coffee fields near Matagalpa, Nicaragua, are among 600 foreign volunteers w
Maritime
NEW PRODUCTS MARKETPLACE AUSTRIANS DEVELOP LAMINATED MATERIAL
JOC Staff |
Two firms in Austria, Hoechst AG and Leitl-Werke KG, have come up with a new laminated material that
Maritime
FREE EXPORT ZONES LOSE STEAM IN KOREA
John Kelley |
The steam seems to have gone out of South Korea's two free export zones, as they are called, with a
Maritime
US WON'T LIFT CURBS ON JAPANESE CHIPS
A.E. Cullison |
U.S. Deputy Trade Representative Michael Smith Wednesday rejected Japanese requests to lift remainin
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
Singapore Fears Rise In Business CostsSingapore's business leaders are warning against steep
Maritime
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