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US HOUSING STARTS RISE 2.6 PERCENT IN MAY
Knight-Ridder Financial |
Surging construction of multifamily homes helped push U.S. housing starts in May up 2.6 percent to a
AIR L.A., MEXICANA SIGN MARKETING DEAL
JOC Staff |
Air L.A. Inc. and Mexicana Airlines have announced a new marketing agreement, coordinating 36 flight
CORRECTION
JOC Staff |
The headline on an obituary that appeared on Page 3A Thursday for writer Sidney Fish misspelled his
Maritime
SENATE DEMOCRATS PROPOSE SANCTIONS AGAINST CHINESE
John Maggs |
President Clinton, already bedeviled by strife among congressional Democrats on health-care reform,
Maritime
REP. KENNEDY, BANK DIFFER ON ENVIRONMENTAL FUNDS
Michael S. Lelyveld |
Despite a push for extra funding by Rep. Joseph P. Kennedy 2d this week, U.S. Export-Import Bank Cha
Maritime
MALAYSIA TO RESUME STRAITS OIL SEARCH
Knight-Ridder Financial |
Malaysia remains interested in exploring for oil on its side of the Straits of Malacca, despite the
TRANSPORT BRIEFS
Wire and Staff Reports |
FEDEX POSTS 12.2 PERCENT GAIN IN PACKAGE VOLUMEMEMPHIS - Federal Express Corp. repor
TAKING GENTLER TONE, US CALLS FOR GREATER JAPAN CHIP ACCESS
Mark Magnier |
U.S. officials called for greater foreign access to semiconductor contracts in Japan's telecommunica
Maritime
GO, COURIERS, GO! EXPRESS FIRMS TO STRUGGLE WITH RANGERS PARADE
Gregory S. Johnson |
It has taken the New York Rangers 54 years to parade up Broadway with the Stanley Cup. Express couri
HIGH YEN FINALLY STARTS TO BITE INTO JAPANESE TRADE SURPLUS
Jeff Stearns |
Japan's customs-cleared trade surplus tumbled in May, snapping a five-month uptrend, due to the stro
Maritime
EX-IM BANK TO AID MALAYSIAN JET BUYS
Journal of Commerce Staff |
The Export-Import Bank will help finance the sale of six Boeing aircraft to Malaysian Airline System
Maritime
NEGOTIATORS TO ATTEMPT TO JUMP-START STEEL TALKS
John Zarocostas |
Negotiators from more than 30 nations will resume talks next week in Geneva on liberalizing global t
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
TOYOTA PLANS TO BOOST US PARTS PURCHASESDETROIT - Toyota Motor Corp. said it plans t
Maritime
STATE FARM SETTLES SUIT ON REPLACEMENT PARTS
From Wire and Staff Reports |
Although State Farm Group has proposed a settlement of an Illinois class- action lawsuit on the use
RLI: 75 PERCENT OF CLAIMS FROM QUAKE PAID
Journal of Commerce Staff |
RLI Corp. has paid 75 percent of its residential earthquake claims from the Jan. 17 Northridge, Cali
INSURANCE EARNINGS
From Wire and Staff Reports |
EXEL SEES DROP IN NET AND OPERATING INCOMEHAMILTON, Bermuda - EXEL Ltd., which provi
INSURER WANTS EXCLUSION FROM LIABILITY IN DEATHS
Associated Press |
A Chicago insurance company says it should be excluded from any liability claim in the deaths of two
LEAD LOOMS AS NEXT THREAT FACING PROPERTY INSURERS POTENTIAL SEEN TO RIVAL ASBESTOS
Margo D. Beller |
In New York City alone there are 1,300 new lead poisoning claims every year compared to 1,500 asbest
NAIC URGED TO LINK RULES ON CAPITAL, ACCREDITATION
Margo D. Beller |
A panel of the National Association of Insurance Commissioners recommended that the association requ
GA. PRESSES FOR DISCLOSURES BY INDUSTRY
Associated Press |
Auto insurance companies should be forced to tell policyholders where their premium payments go, Ins
FIRMS VEXED BY COPYCATS AMONG UK PRODUCTS
Kirstin Ridley |
Manufacturers of leading brands are sharpening their swords in an increasingly bitter British battle
INFLATION TARGET STILL 3.5 PERCENT IN SPAIN
Knight-Ridder Financial |
The Spanish government has not changed its target of lowering inflation to 3.5 percent by the end of
IMPORT LEADS
JOC Staff |
SEWING ARTICLES Needles. Contact: China Shenzhen Arts & Crafts Import & Export Co., Baofeng
Maritime
CHINA PLANS CONSOLIDATION OF ITS AUTOMAKING SECTOR
P.T. Bangsberg |
More than 100 vehicle plants in China will be consolidated into three ''globally competitive" giants
Maritime
PORTS FEAR DOWNGRADE IN STATUS OFFICIALS EYE SHIFT TO 24-HOUR SERVICE
Journal of Commerce Staff |
As factories shift to Southeast Asia, the yen continues its surge and Japan's economy matures, major
IMPORTS ABCS - DONALD L. FISCHER, ESQ. SEIZURES BY US CUSTOMS SERVICE CAN GIVE IMPORTERS HEADACHES
Donald L. Fischer, Esq. |
Among the U.S. Customs Service's most potent enforcement measures is its power to seize merchandise
Maritime
OPIC: "GREEN' AREA IS KEY TO GOLD IN CZECH REPUBLIC
Michele Kayal |
The pollution control and power infrastructure sectors offer some of the best opportunities for U.S.
Maritime
INDONESIAN FOREIGN INVESTMENT EXPECTED TO TOP $10 BILLION
Reuters |
Indonesia expects the value of foreign investment approvals to bounce back this year to exceed $10 b
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
VIETNAM WANTS TO JOIN ASIA-PACIFIC GROUPINGSTOKYO - Vietnam wants to join internatio
Maritime
UK ENERGY PRICES EXPECTED TO FALL
Knight-Ridder Financial |
U.K. energy prices are likely to continue falling as more competition emerges, the country's energy
SPOT PRODUCT PRICES
JOC Staff |
June 16, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f
THE RECESSION'S LEGACY: A SENSE OF MORTALITY
Journal of Commerce Staff |
As this issue goes to press, there are growing signs that Japan's economy has finally bottomed out a
US CHANGES ITS TUNE IN JAPANESE TALKS
Journal of Commerce Staff |
Call it the Clinton administration learning curve. Call it the waiting game. After a three-m
CHINA PROTESTS VIETNAMESE EXPLORATION
Knight-Ridder Financial |
China has protested Vietnam's exploration of a contested Spratly Islands site in the South China Sea
DESIGNERS STRIVE TO ERASE STIGMA, PLAY UP KANSAI AIRPORT'S STRENGTHS
Journal of Commerce Staff |
Planners who have worked years to bring the Kansai International Airport to fruition would like Japa
WHOLESALE POWER NEEDED IN CALIF., EXPERTS SAY
Deena Beasley |
The development of an efficient wholesale electricity market should be the first step in California'
ENERGY BRIEFS
Wire and Staff Reports |
PANEL URGES JAPAN TO REDUCE EMISSIONSTOKYO - An advisory panel urged the Japanese go
THE '94 MODEL AUTOMAKER: STRIPPED DOWN, RESILIENT
Journal of Commerce Staff |
Our friend gets into the car gingerly, with help from several of the technicians. He's looking a bit
FULL STEAM AHEAD: RAILWAY TRAFFIC SETS RECORD PACE EASTERN CARRIERS OVERCOME SLOW START
Lawrence H Kaufman |
Despite a slow start to 1994 during a severe winter that hampered coal mining and rail operations, e
OIL RECOVERY MAY BE LIMITED, OPEC WARNS
Paolo Berbotto |
OPEC's president, Qatari Oil Minister Abdullah Bin Hamad al-Attiyah, said Wednesday that despite imp
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