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US FIRM, N. KOREA NEGOTIATING GRAIN DEAL
Associated Press |
A U.S. company has started negotiating to sell American grain to North Korea, the communist country'
BRIEFS
From Wire and Staff Reports |
CHEVRON IN TALKSTO BUILD THAI PLANTSINGAPORE - U.S.-based Chevron Chemical Co. is negotiatin
POWER TRANSMISSION OPEN TO PRIVATE FUNDS IN INDIA
N. Vasuki Rao |
The Indian government will open power transmission to private investment, a long-pending demand of p
DAIRY FARMERS DUMP ON MILK PRICING SYSTEM
John Hartzell |
Dairy farmers suffering from a steep decline in prices hope their one-day milk-dumping protest shows
CANADA TO BAN PARTS IN COW CHOW
Associated Press |
Canada will soon ban the practice of feeding cows ground-up bits of other cows, sheep or other mamma
BRIEFS
From Wire and Staff Reports |
EUROPEAN INSPECTORSDETAIN SHIPS FOR SAFETYLONDON - Ships flying the flags of Cyprus, Turkey
PEOPLE ON THE MOVE
From Wire and Staff Reports |
PACCAR INC.Richard P. Fox will join the Bellevue, Wash., truck manufacturer as senior vice p
NEWLY PRIVATE CN MAKES GOOD \ 4TH-QUARTER EARNINGS RIVAL US RAILROADS
Rip Watson |
Canadian National Railway, a private company for less than 15 months, has matched profitability leve
GATEWAY, KCS TOUT BENEFITS OF MERGER
Rip Watson |
The potential merger of Gateway Western Railway Co. and Kansas City Southern Railway Co. should mean
PORT OF COLOMBO FIRES STRIKERS AFTER PROTEST
Journal Of Commerce Special |
The Port of Colombo has dismissed 185 workers who participated in a strike in December to protest th
BRIEFS
From Wire and Staff Reports |
TRAVELERS TO BUY BACK$1 BILLION IN STOCKNEW YORK - Travelers Group Inc., the insurance and f
SAFE HAVEN ELUDES P/C INDUSTRY
Margo D. Beller |
An entire generation of insurance executives doesn't know what it's like to operate a property/casua
EARNINGS
From Wire and Staff Reports |
CAPITAL RE CORP. REPORTSYEAR-END INCOME INCREASENEW YORK - Capital Re Corp. said 1996 net in
FLORIDA NIXES JUA RATE REQUEST
Associated Press |
Homeowners bracing for premium increases of up to 17.8 percent by Florida's insurer of last resort c
MAKING A SPLASH
P.T. Bangsberg |
A leading U.S. civil engineer is among the winners of contracts to privatize and essentially rebuild
Maritime
STUDY EYES MONEY TRAIL BEHIND HELMS-BURTON
Tim Shorrock |
The Cuban American National Foundation, the conservative exile group that played a key role in the t
Maritime
QUOTE TO NOTE
Mike Stuart, Spokesman for the Florida Fruit and, Vegetable |
''There will be Florida fruit and vegetables available. Maybe not in the volume we had last week, bu
Maritime
RUSSIAN COUNTERFEITERS DO THE IMPOSSIBLE
Reuters |
Counterfeiters have for the first time succeeded in forging the new improved US$100 bills, Russian p
Maritime
SCHEDULED FISCAL REFORMS EXPECTED TO BOOST US INVESTMENT IN RUSSIA
Richard Lawrence |
The Russian government is planning to push through a set of economic reforms early this year that co
Maritime
BRIEFS
From Wire and Staff Reports |
EU BODY OPPOSES VETOOF 'ENHANCED COOPERATION'BRUSSELS - The European Commission has confirme
Maritime
AIMING TO WIDEN US PRESENCE, SONY TO UNDERGO MASS SHAKE-UP
Reuters |
Sony Corp. announced a massive reorganization on Thursday to increase its focus on the lucrative U.S
Maritime
JAPANESE BUSINESS LEADERS SCRAMBLE AS VALUE OF YEN CONTINUES TO DECLINE
Reuters |
Japanese officials and corporate executives who less than two years ago yelped with pain as the yen
Maritime
POLITICAL POSITIONS AT COMMERCE TO BE REDUCED BY 100, DALEY SAYS
Journal Of Commerce Staff |
Commerce Secretary-designate William Daley pledged this week to take steps, if he is confirmed, to '
Maritime
RUSSIA DEVISES NEW TAX PLAN FOR IMPORTERS OF VODKA
John Helmer |
The Russian government is to introduce a new plan for prepayment of taxes and excise dutieson import
Maritime
BRIEFS
From Wire and Staff Reports |
WHEAT GLUTEN GROUPSEEKS SUBSIDIES PROBEWASHINGTON - The Wheat Gluten Industry Council has as
Maritime
INDIA CONVINCES WTO TO POSTPONE IMPORT CONTROLS \ EXTENSION WILL DELAY FOREIGN COMPETITION
N. Vasuki Rao |
The government here has convinced the World Trade Organization to delay the deadline by which India
Maritime
JAPAN'S WEAK YEN HELPS RAISE TRADE SURPLUS WITH US
Reuters |
Japan's trade surplus plunged by nearly a third last year, but the latest monthly figures show an in
Maritime
JAMAICA OUTFITS APPAREL INDUSTRY WITH AID
Canute James |
Jamaica's exporters welcomed a move by the government here to pump $6 million into the island's appa
Maritime
US TO LINK FARM TRADE TO CHINA'S WTO ROLE
Maggie Mcneil |
U.S. officials said Wednesday that farm trade issues will be a key factor in whether China joins the
Maritime
DIALOGUE WITH LONDON ENCOURAGED
Janet Porter |
Senior U.S. insurance industry officials told London underwriters this week that new opportunities a
GE CAPITAL TO BUY UNIT OF TALEGEN
Wire And Staff Reports |
Xerox Corp. said Thursday it had found buyers for two pieces of its Talegen Holdings Inc. insurance
COST OF CREDIT
JOC Staff |
Thursday, Jan. 23, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada U
US DOLLAR CONTINUES ITS CLIMB AGAINST YEN
Bridge News |
The U.S. dollar continued its ascent against the Japanese yen Thursday as it approached the 120-yen
Maritime
SUPERFUND, TORT REFORM TARGETED \ LIMITING DAMAGES HALLMARK OF BOTH BILLS
Margo D. Beller |
Bills reforming the Superfund program and the tort liability system were dropped into the Senate hop
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
BOEING EARNINGS REFLECT SUCCESSFUL SALES, EXPANSION
William Dibenedetto |
Boeing Co.'s year end and fourth quarter numbers reflect what analysts and industry types already kn
CHINA PROPOSES ONE OF ITS OWN FOR TOP POST AT ANTI-PIRACY BODY
John Zarocostas |
China, sharply criticized by Washington and Brussels for intellectual property rights violations, ha
IMPORT PRICES INCH UP 0.1 PERCENT, EXPORT COSTS ARE UNCHANGED
Tom Connors |
Import prices generally remained subdued in December, reflecting a strong U.S. dollar that may trim
SWISS AGREE TO HELP FUND MEMORIAL
Reuters |
Swiss banks and the government, under pressure from world Jewish groups, agreed Thursday to create a
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Jan. 26, '96 - Jan. 23, '97 (a graph)* A
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