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JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
Journal of Commerce |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, July 13, '94 - July 7, '95 (a graph) (2)
FOR US AND VIETNAM, THE JOURNEY IS JUST BEGINNING
Richard Lawrence |
Full U.S.-Vietnam diplomatic relations will lead to a surge in U.S.-Vietnamese business, but not rig
COST OF CREDIT
JOC Staff |
Friday, July 7, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
FED, BANK OF JAPAN SHOCK MARKET WITH INTERVENTION TO BOOST DOLLAR
Gordon Platt |
The Federal Reserve caught the foreign exchange market by surprise Friday, buying dollars in coordin
MALAYSIA ANNOUNCES MEASURES TO TURN ISLAND INTO TAX HAVEN
Reuters |
Deputy Prime Minister Anwar Ibrahim unveiled a package of measures aimed at launching tiny Labuan Is
RETAIL SALES SOAR BY 30.7 PERCENT IN CHINA
Knight-Ridder Financial |
China's retail sales of consumer goods reached 939.7 billion yuan ($113.2 billion) in the first half
JOBLESSNESS DOWN TO 4.0 PERCENT FOR SWISS
Knight-Ridder Financial |
Switzerland's unemployment rate in June measured 4.0 percent, compared with 4.2 percent in May and 4
IMF APPLAUDS RUBLE PLAN, BUT INFLATION POSES PROBLEM
Michael S. Lelyveld |
The Russian government's plan to back the ruble with $10 billion in reserves won praise from the Int
EU OFFICIAL TO UNVEIL PLANS TO SCRAP BORDER CONTROLS
Bruce Barnard |
Mario Monti, the European commissioner responsible for the European Union's single market, will shor
Maritime
KY. COURT SAYS WOMAN CAN COLLECT ON EX-HUSBAND'S LIFE POLICIES
Associated Press |
In a 5-2 decision, the Kentucky Supreme Court last week said a woman could collect on her ex-husband
DAILY PETROLEUM PRICES
JOC Staff |
Friday July 7, 1995 Prevailing sellers' posted prices at the close of business, representing
WARY EUROPEAN MANUFACTURERS PREFER INVESTING OVERSEAS TO EXPORTING THERE
Milan Ruzicka |
European manufacturers show no confidence in the new world trade order, believing governments, inclu
Maritime
D.C.'S FEMALE INSURANCE LOBBYISTS FORE-GING NEW BONDS WITH GOLF
Margo D. Beller |
The women who lobby in Washington on behalf of U.S. insurance trade associations are linked by more
SWISS RE ESTABLISHES FINANCE UNIT IN BERMUDA
Journal of Commerce Staff |
Swiss Re set up a subsidiary in Bermuda to handle the $500 million raised via a five-year convertibl
POLISH INSURERS, BANKS, OTHERS LIKELY TO FORM REINSURANCE UNIT
Reuters |
Leading Polish insurers, banks and listed companies are expected to create a reinsurance company to
CALIF. COURT HOLDS ALL INSURERS OF FIRM LIABLE FOR CLEANUP
Margo D. Beller |
In a unanimous decision, California's highest court said all a chemical company's insurers were liab
CEMENT DEMAND PUTS PACIFIC RIM BETWEEN A ROCK AND A HARD PLACE
P.T. Bangsberg |
Booming economies are all very well, bringing prosperity and opportunity to many, but building moder
Maritime
WHITE HOUSE AIDE SEES SLOWDOWN AS TEMPORARY
Knight-Ridder Financial |
The U.S. jobs report for June suggests the current economic slowdown is ''likely to be temporary," J
CHINA SETS REGULATIONS FOR INVESTORS IN AVIATION
Reuters |
China has set rules for foreign investment in its aviation sector, saying firms can invest in airpor
US-CANADIAN FEUD OVER SALMON CATCH SIMMERS AS OTTAWA LOWERS LIMIT
WILLIAM DiBENEDETTO |
As the summer heats up, the long-running dispute between the United States and Canada over the prope
INDONESIA TO BUILD PORTS FOR LNG PROJECT
Knight-Ridder Financial |
Indonesia will build tanker, logistics and naval ports in the Natuna Islands to support the liquefie
Maritime
SAVANNAH ON COMPETITIVE FOOTING WITH CHARLESTON AFTER UPGRADES
Associated Press |
Business is picking up at the Port of Savannah after recent improvements including harbor dredging l
Maritime
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended July 1, total piggyback freight hauled on the nation's major railroads equaled 16
MARITIME BRIEFS
Wire and Staff Reports |
S&P UPGRADES OUTLOOK ON SEA CONTAINERSNEW YORK - Standard & Poor's Corp. said it rev
Maritime
DELAWARE & HUDSON RAILWAY TO UPGRADE MORE FACILITIES
Journal of Commerce Staff |
Delaware & Hudson Railway Co. is spending $7.6 million this summer on improvements to its track and
PEOPLE - TRANSPORT
Wire and Staff Reports |
EXPEDITORS INTERNATIONAL OF WASHINGTON INC. (Seattle) - Bob McElroy was promoted to regional vice pr
STRAIGHT TALK - IRA ROSENFELD BIG THREE SAY PUBLIC WON'T GO THE DISTANCE FOR ELECTRIC CARS
Ira Rosenfeld |
When it comes to electric cars, America's Big Three automakers may approach the future differently,
SHELL TO PARK PLATFORM IN FJORD
Reuters |
Norway gave the Shell UK oil company permission Friday to park its disused Brent Spar storage platfo
FORWARDER/AGENT SLAMS GREAT LAKES PILOTS
Paul F. Conley |
A transportation executive who attempted to act as a ship's agent is angry about how she was treated
INDONESIA PLANS TO REDUCE NUMBER OF COFFEE EXPORTERS
Knight-Ridder Financial |
Indonesia will cut the number of coffee exporters to improve export efficiency, Bisnis Indonesia rep
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
BALTIC FREIGHT INDEX
Journal of Commerce |
The Baltic Freight Index is a daily indicator of world bulk shipping freight rate levels.
Maritime
KYRGYZSTAN BEGINS CONSTRUCTION ON KUMTOR GOLD-MINING PROJECT
Knight-Ridder Newspapers |
Construction work on one of the world's largest gold-mining complexes began Friday at the Kumtor gol
AGIP TO START UP IN SOUTH CHINA SEA
Knight-Ridder Financial |
Italian oil company Agip announced it will begin commercial production drilling by the end of the ye
FLOODS FAIL TO SLOW DELIVERIES OF LEAD, ZINC TO CHINESE SMELTER
Knight-Ridder Financial |
Recent flooding has not affected deliveries of zinc and lead concentrates to China's Zhuzhou smelter
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
NUCLEAR REPROCESSING DELAYED IN JAPANAOMORI, Japan - The opening of Japan's first nu
CONOCO, PARTNERS APPROVED FOR CZECH REFINERY VENTURE AGIP, SHELL JOIN AS EQUAL PARTNERS
Michele Kayal |
Conoco Inc. and its two partners Friday obtained the Czech government's go- ahead to take 49 percent
PIRATES _ SOME IN UNIFORM _ PROWL THE S. CHINA SEA
David Schlesinger |
Guns and grenades may have replaced the cutlasses of yore, but pirates on the high seas are still a
Maritime
CHINA BEGINS WORK ON GAS PIPELINE
Knight-Ridder Financial |
Construction has started on a 488-kilometer (305-mile) natural gas pipeline linking a northern Shaan
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