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RUMORS OF CAP ON INTEREST RATES IN MEXICO WORRY INVESTORS
Kevin G. Hall |
Rumors that Mexico may impose interest-rate ceilings have sparked concerns on Wall Street and Mexico
OVERSEAS SMOKERS INHALING US BRANDS
Paula L. Green |
Backed into a corner at home by a mix of negative public opinion and rising restrictions, U.S. cigar
Maritime
DOLLAR HOLDS GAINS DESPITE WIDENING TRADE DEFICIT
Knight-Ridder Financial |
The U.S. dollar clung to sharp recent gains Thursday despite another widening in the trade deficit.<
HEWLETT-PACKARD, IBM BUILD UP MUSCLE IN CHINA AS MARKET BOOMS
P.T. Bangsberg |
Two of America's computer heavyweights are boosting their presence in China further in anticipation
DESPITE BEIJING'S JITTERS, TEXTILE EXPORTS THRIVE
P.T. Bangsberg |
China's exports of textiles and garments, its largest single category, continue to flourish despite
Maritime
INDONESIA TO REMOVE TARIFF BARRIERS GRADUALLY, INDUSTRY MINISTER SAYS
Reuters |
Tunky Ariwibowo, Indonesian industry minister, said the government would gradually remove the tariff
Maritime
MALAYSIA OFFICIALS DIVIDED IN RESPONSE TO US MOVES TO END TRADE PREFERENCES
P.T. Bangsberg |
Malaysian officials seem to be working at cross-purposes in the matter of trade privileges from the
Maritime
US-CARIBBEAN TALKS ON BANANAS CLOSE WITH LITTLE TO TALLY THREAT TO TRADE WITH EU AT ISSUE
Canute James |
Pursuing diplomatic efforts to end a threat to their lucrative European banana market, Caribbean pro
Maritime
COSTS, ANTI-DUMPING DUTIES DROP PAKISTAN TEXTILES INTO DEEP CRISIS
Ibrahim Khan |
Pakistan's key textile industry, hit by rising costs and Japanese anti- dumping duties, needs urgent
Maritime
QUOTE TO NOTE ON CORPORATE WELFARE QUEENS:
_ Robert Higgs |
"The Clinton administration, with its mercantilistic devotion to exports for the sake of exports, ha
Maritime
TRADE BRIEFS
Wire and Staff Reports |
CHINA LETS CITIBANK OPEN BEIJING BRANCHThe People's Bank of China approved Citibank's applic
Maritime
INSURANCE EARNINGS
Wire and Staff Reports |
HOME HOLDINGS SHOWS NET LOSS FOR QUARTERNEW YORK - Home Holdings Inc., whose insuran
METLIFE-NEW ENGLAND DEAL WINS RATING FIRMS' NOD
Journal of Commerce Staff |
Three insurance-company rating firms reacted positively to Metropolitan Life Insurance Co.'s planned
REINSURER ZRC VENTURES INTO REALM OF PRIMARY INSURANCE, FORMS NEW FIRM
HELEN R. MacLEOD |
Zurich Reinsurance Centre Holdings, the U.S. arm of Zurich Reinsurance, has decided to branch out in
TOYOTA CONSIDERS BUILDING FOURTH NORTH AMERICAN PLANT
Associated Press |
Toyota Motor Corp. said Thursday it is considering building a fourth automobile plant in North Ameri
Maritime
MACHINE TOOL SALES DOWN IN UK
Knight-Ridder Financial |
The sales of United Kingdom machine tools fell a seasonally adjusted 1.2 percent in June from May at
INSURANCE BRIEFS
Wire and Staff Reports |
EXECUTIVE GUILTY OF FRAUD AND MONEY LAUNDERINGORLANDO, Fla. - A millionaire entrepreneur who
DENMARK'S OUTPUT DOWN 1 PERCENT IN QUARTER
Knight-Ridder Financial |
Denmark's industrial output fell 1 percent in the April-June period from the March-May period, the N
GENERAL DYNAMICS PLANS TO BUY BATH IRON WORKS FOR $300 MILLION
Journal of Commerce Staff |
General Dynamics Corp. said Thursday it will purchase Bath Iron Works of Maine for $300 million in c
Maritime
3 INDICTED FOR FRAUD TIED TO NYC WASTE CLEANUP
Alice Cantwell |
Three men who ran an operation at the Brooklyn Navy Yard were indicted on 23 federal charges, the U.
Maritime
OLYMPIA, WASH., PORT CHIEF FIRED MANAGEMENT STYLE CALLED AN ISSUE
WILLIAM DiBENEDETTO |
For reasons that are not particularly clear - other than unspecified concerns about his management s
Maritime
CORRECTION
JOC Staff |
A story appearing on Page 1B of the Aug. 16 edition of The Journal of Commerce headlined "New Haven
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
SHIP VENTURE TO LINK NORTH, SOUTH KOREASEOUL, South Korea - A South Korean-Chinese joint ven
Maritime
VA. PORTS LOSE A DAY OUT OF FEAR FROM FELIX UNCERTAINTY OVER STORM WREAKS HAVOC
Tim Sansbury |
Coast Guard officials reopened the Chesapeake Bay shipping channel Thursday, putting Virginia Port A
Maritime
BWIA ORDERS 10 PLANES FROM EMBRAER OF BRAZIL
Special to The Journal of Commerce |
A Trinidadian airline that is managed by U.S. investors will spend about $180 million to buy new air
AMERITECH AGREES TO BUY LEP UNIT
Associated Press |
Ameritech Corp. is seeking to expand its holdings in the security monitoring business by buying Nati
PEOPLE - TRANSPORT
From Wire and Staff Reports |
FEDERAL EXPRESS CORP. (Memphis) - Robert Shirley, managing director of FedEx's Northwest region sale
INDONESIA'S STATE POWER FIRM GETS OK TO CREATE COMMERCIAL SUBSIDIARIES
Reuters |
Indonesia's state-owned electricity company PT Perusahaan Listrik Negara (PLN) has been given permis
DAILY PETROLEUM PRICES.
JOC Staff |
Thursday Aug. 17, 1995 Prevailing sellers' posted prices at the close of business, represent
GASOLINE PRICES
JOC Staff |
Aug. 17, 1995 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
OIL SHIPMENT LEAVES SOUTH KOREA FOR NORTH UNDER NUCLEAR AGREEMENT
Reuters |
A tanker left South Korea for the communist North on Thursday carrying 20,000 tons of fuel oil as pa
CHINA'S IMPORT CURBS DISAPPOINT ASIA'S PETROCHEMICAL FIRMS
Reuters |
Chinese petrochemical imports would be curbed for the rest of the year by domestic production, spell
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
IRVING OIL DENIES AIR-POLLUTION CHARGESAINT JOHN, New Brunswick - Irving Oil Ltd. has pleade
WEEKLY COAL EXPORTS WEEK OF AUG. 07 - AUG. 11, 1995
PIERS, New York |
Only table.
GAZPROM IS RUSSIA'S SHINING STAR, BUT ITS REAL VALUE REMAINS CLOUDED
Reuters |
Market reforms created a galaxy of Russian companies filled with cash and resources but no star burn
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Aug. 17, 1995 No. 4/ No. 6/ No. 6/1% 1% 0.5%
BALTIC FREIGHT INDEX
JOC Staff |
2103 (Aug. 17, 1995) Previous day - 2097 The Baltic International Freight Futures Market in
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Aug. 17, 1995 U.S. spot oil product price indications, sellers range, in cents per gallon, f
FREIGHT RATE FUTURES
JOC Staff |
Aug. 17, 1995 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
EXPORTS, IMPORTS AND BALANCE OF GOODS BY SELECTED COUNTRIES AND AREAS
U.S. Commerce Department |
(Census basis - in millions of dollars, not seasonally adjusted) TRADE BALANCE EX
Maritime
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