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CORRECTION
JOC Staff |
The story headlined "Brazil's Engine Cools a Little, But Investors Still Attentive," which appeared
Maritime
RAIL MERGERS UNLIKELY TO AFFECT COAL EXPORTS
Rip Watson |
Western railroads handle relatively little export coal, so the wave of industry mergers is not likel
US CONTROLS HURT EXPORTS OF SOFTWARE, STUDIES SAY
Richard Lawrence |
U.S. computer systems manufacturers could suffer as much as $60 billion annually in lost sales by th
Maritime
FOREIGN INVESTMENT SLIDES IN VENEZUELA
Knight-Ridder Financial |
Direct foreign investment in Venezuela totaled $245.1 million during 1995, down 61.4 percent from th
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
COST OF CREDIT
JOC Staff |
Wednesday, Jan. 17, 1996 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
VIETNAMESE WORKERS TOLD TO EXPECT BONUS AFTER ALL
Associated Press |
A top labor official had good news for Vietnamese workers Wednesday - they can have their annual Lun
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
DOLLAR MIXED: PROFIT-TAKING ECLIPSES IMPACT OF TRADE NEWS
From Wire and Staff Reports |
The U.S. dollar was mixed against the Japanese yen and major European currencies Wednesday following
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
FORCENERGY GAS BUYS 2 SITES FROM EXXONNEW YORK - Forcenergy Gas Exploration Inc. sai
LEADING INDICATOR RISES 0.4 PERCENT IN CANADA
Knight-Ridder Financial |
Canada's composite leading economic indicator rose 0.4 percent in Decemberfrom November to 1
RISING FOOD PRICES PREDICTED IN WAKE OF LOW GRAIN CROP
Nancy Waitz |
Corn and soybean output has plunged and grain stockpiles will shrink for months to come, the governm
SPOT COMMODITIES
JOC Staff |
Jan. 17, 1996 Included are list prices of suppliers. Quotations do not necessarily represent
INDIA HIGH COURT CURBS TELECOM CHALLENGE
N. Vasuki Rao |
Foreign companies view as a victory an Indian Supreme Court ruling tuesday that it will not investig
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Jan. 17, 1996 Prev. Life of Contr. OpenOpen High Low
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Jan. 17, 1996Brent Crude Oil - (Dollars Per Barrel)
CALIFORNIA ASSEMBLY VOTES TO ALLOW METHYL BROMIDE
Peter M. Tirschwell |
In a victory for farmers and international trade interests, the California Assembly this week passed
Maritime
QUOTE TO NOTE A JOURNALIST'S DREAM:
_ Myles Frechette |
"I'm always on the record."
Maritime
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 17, 1996 Quotations are based on prices reported in the market or obtained from s
NARROW BOSPORUS EASY TARGET FOR TERRORISM
Janet Porter |
The narrow, twisting Bosporus that links the Black Sea to the eastern Mediterranean is an easy targe
TRANSPORT CALENDAR
JOC Staff |
INTEGRATING INFORMATION SYSTEMS for Seamless Logistics. Jan. 22-24. Sponsored by the Institute for I
FLAT TAX AND FREE TRADE EMERGE AS KEY PLANKS IN GRAMM PLATFORM
William L. Roberts |
Republican presidential hopeful Phil Gramm made a bid Wednesday to distinguish himself from his riva
GROUP PUSHES FOR DULLES RUNWAY WORK
Lisa Burgess |
A coalition of area businessmen is urging Washington Dulles International Airport officials to haste
EXPANDED EXPRESS RAIL TERMINAL NEARS OPENING AT PORT ELIZABETH
Gregory S. Johnson |
All that is needed to inaugurate an $18.5 million expansion at the ExpressRail Transfer Terminal at
UP, ILLINOIS CENTRAL NEAR DEAL ON ROUTES
Rip Watson |
Illinois Central Railroad and Union Pacific Railroad today are expected toannounce broad ter
M.S. CARRIERS' PROFIT TUMBLES 44 PERCENT IN QUARTER
Journal of Commerce Staff |
M.S. Carriers Inc., in a further sign of the difficult truckload market, reported a 44 percent dive
YELTSIN MOVES TO SALVAGE FOREIGN INVESTMENT
Michael S. Lelyveld |
In the midst of the biggest government purge in Russia's recent history, President Boris Yeltsin app
FIRM NEARS CONSOLIDATION OF LA-LONG BEACH RAILS
Bill Mongelluzzo |
Anacostia & Pacific Co. has taken over an operations center at the Port of Long Beach as an interim
TRANSPORT BRIEFS
Wire and Staff Reports |
DELTA PILOTS RAISE SPECTER OF STRIKEATLANTA - Delta Air Lines Inc.'s 8,600 unionized
YELLOW CORP.'S CHIEF EXECUTIVE READY TO LEAVE THE BUSINESS WORLD
Journal of Commerce Staff |
George E. Powell III, president and chief executive of Yellow Corp., announced Wednesday he will res
TRADE GAP SHRANK AGAIN IN OCTOBER ECONOMISTS SEE IMPROVEMENT CONTINUING IN '96
Richard Lawrence |
The U.S. international trade deficit declined again in October, and economic analysts foresee furthe
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Jan. 20, '95 - Jan. 17, '96 (a graph) (2
TRADERS SEE NEWS CONTROLS AS BARRIER TO CHINA COMMERCE ECONOMISTS FEAR CENSORSHIP OF MARKET DATA
Lynne O'donnell |
Beijing's new curb on economic information is a retreat from the openness that the business world ne
RUSSIA, UKRAINE ON ALERT AFTER HIJACKING OF FERRY
Geoff Winestock |
Russian and Ukrainian ships and ports are on high alert with increased patrols by border guards and
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 238.98 off 0.97 w
OECD TO EXAMINE WAYS TO ELIMINATE BRIBERY IN DEALS MEETING TO FOCUS ON PROPOSAL TO CHANGE TAXES
Tara Patel |
Member countries of the Organization for Economic Cooperation and Development will meet next week to
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
ASIA AIRFREIGHT TO BUILD SINGAPORE TERMINALSINGAPORE - Asia Airfreight Terminal Co.
SAMSUNG PLANS TO BUILD SEMICONDUCTOR PLANT IN TEXAS
Associated Press |
A South Korean manufacturer is announcing plans to build a $1.3 billion memory chip factory in what
Maritime
US BACKS UNCONDITIONAL MFN STATUS FOR CAMBODIA
REuters |
The Clinton administration said it will lobby against any effort to attach conditions to granting mo
Maritime
SPECULATORS KILL RALLY AS DOLLAR STUMBLES A BIT
JOC Staff |
The dollar slid back slightly Tuesday afternoon after a strong rally fizzled amid profit-taking and
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