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JAPAN AUTO SALES SOARED IN '95
Mitsuo Suzuki |
Automobile sales in Japan exceeded 5 million vehicles last year for the first time in three years an
Maritime
NORWAY-TO-ESTONIA GAS LINE PLAN CALLED UNREALISTIC, UNNECESSARY
Knight-Ridder Financial |
Proposals to lay a Baltic gas pipeline from Norway to Estonia, to ensure the latter's energy indepen
MALAYSIA URGES ITS COSMETICS SECTOR TO IMPROVE PRODUCTS
P.T. Bangsberg |
Beauty may be only skin deep, but Malaysia would like its producers of ''prettifiers" to delve a bit
Maritime
7 SOUTH ASIAN NATIONS TO CUT TARIFFS IN STEP TOWARD AFREE-TRADE ZONE
Reuters |
The seven-nation South Asian bloc agreed Tuesday to accelerate its drive to create a regional free-t
Maritime
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
GOLD HITS $400 MARK FOR 1ST TIME SINCE '93LONDON - Dealers Wednesday set the gold pr
WAL-MART STORES SET TO RING UP A COMMERCIAL REVOLUTION IN BRAZIL
Kerry Luft |
If you had been in Rio de Janeiro a decade ago, you might have come across a curious sight: an old m
Maritime
TRADE BRIEFS
Wire and Staff Reports |
INDONESIA LICENSES MERRILL LYNCH UNITJAKARTA, Indonesia - PT Merrill Lynch Indonesia
Maritime
CORRECTION
JOC Staff |
The story headlined "Exchange to Trade Prudential Re Options," which appeared on Page 7A Friday shou
MARITIME BRIEFS
Wire and Staff Reports |
DATE CHANGE PROPOSED FOR SOO LOCKS' OPENINGWASHINGTON - The U.S. Army Corps of Engin
Maritime
TRANSPORT CALENDAR
JOC Staff |
INTERNATIONAL COMMERCE CLUB. Jan. 17. Dinner meeting. Convent Station, N.J. Contact: Linda Conte-Cuc
BOEING BESTS AIRBUS, MCDONNELL, TO WIN $4 BILLION MALAYSIAN ORDER
P.T. Bangsberg |
Boeing Co. is opening the new year on the same roll as it closed the old, with a $4 billion order fr
P&O CONTAINERS TO SLASH JOBS IN NEW SAVINGS DRIVE
Janet Porter |
P&0 Containers Ltd. expects to save around $8 million a year in running costs through staff cuts and
Maritime
CANADA SET TO LAUNCH COMMERCIAL SHIP FEE CHARGE TO BE BASED ON VESSEL TONNAGE, NOT ON-BOARD CARGO
Aviva Freudmann |
The Canadian government is plowing ahead with a new fee on commercial shipping that could change tra
PHILIPPINES ISSUES NEW SET OF COINS
Associated Press |
The government hopes to end confusion caused by the six different sets of coins currently in circula
COST OF CREDIT
JOC Staff |
Wednesday, Jan. 10, 1996 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
INDONESIA RAISING MINIMUM WAGE
Associated Press |
The minimum wage for Indonesian workers will rise by an average 10.63 percent on April 1, the govern
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Jan. 13, '95 - Jan. 10, '96 (a graph) (2
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
FORMER FRENCH AGENCY HEAD ADMITS SPYING
Reuters |
The former head of France's DGSE foreign intelligence agency has acknowledged that the group conduct
BUSINESS LIKELY TO GET SHORT SHRIFT IN BUDGET BATTLE, COMMERCIAL TAXES SEEN COMPROMISED
Tom Connors |
Many business taxpayers are likely to wind up losers, regardless of how the latest budget deadlock b
HIGH COURT OKS LAWSUIT BY US FIRM AGAINST IRAN
Laurie Asseo |
The Supreme Court Monday let a California company pursue its claim that the Iranian government wrong
US POISED TO ADMIT MEXICAN AVOCADOS AS OPPOSITION MOUNTS
Peter M. Tirschwell |
The U.S. Agriculture Department may go forward with a proposal to lift an 81- year-old ban on import
Maritime
DOLLAR SITS, GAINS LITTLE AS MARKET RUNS QUIET
Journal of Commerce Staff |
The U.S. dollar, recently empowered by international investor buying, traded very quietly Wednesday
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending Jan. 8, 1996. U
MORE ACCESS MAY SCUTTLE UP/SP DEAL
Rip Watson |
Union Pacific Railroad Wednesday threatened to scuttle its proposed linkup with Southern Pacific Rai
US IMPOSES NO SANCTIONS IN BANANA TRADE DISPUTE
John Maggs |
The Clinton administration, as expected, has declared Colombia and Costa Rica in violation of U.S. t
TACA AT ODDS OVER HEINEKEN DEAL
Michael Fabey |
The conference shipping lines in the North Atlantic trade are snapping at each other again - this ti
CARIBBEAN DECRIES END TO US LOANS FUNDS ARE USED FOR INDUSTRY
Canute James |
Caribbean business is becoming increasingly concerned at what some leaders say is the impending canc
A HIGH-STAKES GAME US OFFICIAL SAYS BOGOTA BUGGED PHONE
John Maggs |
Diplomatic niceties have been scarce lately in U.S.-Colombian relations, after a year in which major
JOURNAL OF COMMERCE - FAST FACTS WORLDWIDE AIR CARGO
International Air Transport Association |
No text.
LIVERPOOL DOCKERS ACCELERATE CAMPAIGN FOR GLOBAL SUPPORT
Journal of Commerce Staff |
Dockworkers fired from the Port of Liverpool are stepping up their campaign to win support from ship
Maritime
CORRECTION
JOC Staff |
On page 28 in the Jan. 8 issue of The Journal of Commerce's Shipping Review & Outlook, the names of
BLIZZARD CLOSES INSURANCE OFFICES IN NORTHEAST WORK GOES ON BY COMPUTER, FAX
Margo D. Beller |
Some of the largest insurance companies in the United States started reopening this week in the afte
1995 AUTO SALES FELL 5 PERCENT IN TAIWAN
Associated Press |
Hit by an economic slump and a rising Japanese yen, car dealers sold 548,000 vehicles in Taiwan last
US-CANADA SPILL COVERAGE FLAP GROWS
WILLIAM DiBENEDETTO |
A Washington state oil spill response group will no longer give Canada-bound vessels crossing state
SPOT COMMODITIES
JOC Staff |
Jan. 10, 1996 Included are list prices of suppliers. Quotations do not necessarily represent
FRENCH TRADE UNAFFECTED BY NUCLEAR TESTING OUTCRY
Tara Patel |
International outcry over French nuclear testing in the South Pacific has had little impact on trade
Maritime
RECORD '95 SALES OF HEAVY TRUCKS BREAK THROUGH 200,000-UNIT BARRIER
Michael S. Lelyveld |
Heavy truck makers ended 1995 with a blizzard of December sales, as the industry plowed through an a
EU, US LOOK TO SOLVE DISPUTE OVER HORMONES
Katherine Butler |
Talks between American and European farm officials on a range of trade issues scheduled for Wednesda
Maritime
US, MEXICO SET DATE FOR NAFTA DISPUTE TALKS
Kevin G. Hall |
Mexican government representatives will travel to Washington next week to voice complaints over what
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