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TWO SHIP LINES TO RESTRUCTURE S. ATLANTIC SERVICE
Peter M. Tirschwell |
Polish Ocean Lines and Mediterranean Shipping Co., which share vessels in the U.S. South Atlantic-to
Maritime
GLOBAL TELECOMMUNICATIONS BOOM SEEN OVER NEXT DECADE, ESPECIALLY IN ASIA
Paula L. Green |
The current $500 billion world telecommunications market is expected to see huge growth over the nex
Maritime
HIGH COURT TO HEAR CALIF. DISPUTE ON MULTINATIONALS TAX
WILLIAM DiBENEDETTO |
The Supreme Court Monday will examine California's method of taxing multinational companies in a tax
Maritime
WHITE HOUSE OPENS THE DOOR TO ENDING CHINA RIGHTS-TRADE LINK
John Maggs |
The White House for the first time publicly opened the door Thursday to ending the link between huma
Maritime
ELECTRONICS FIRMS IN JAPAN THREATENED WITH STRIKE TODAY
Mark Magnier |
Unions at 17 major Japanese electronic makers threatened late Thursday night to strike by noon today
Maritime
EU STEELMAKERS READY TO MAKE CAPACITY CUTS
Bruce Barnard |
European Union steelmakers have offered to cut capacity by at least 19 millions tons, reviving a fla
Maritime
TRADE BRIEFS
Wire and Staff Reports |
'QUAD' OFFICIALS DISCUSS WTO ISSUESGENEVA - Senior trade officials from the so-calle
Maritime
DOLLAR FALLS AS GERMANY'S M3 RISE BOOSTS DEUTSCHE MARK
Alan Zimmerman |
The U.S. dollar fell to a five-month low against the deutsche mark Thursday as the German money supp
AUSTRALIA EXPECTS SAUDIS TO BOOST BARLEY IMPORTS
Wendy Pugh |
Australia is expected to increase 1993-94 feed barley exports to Saudi Arabia despite prices being d
CHINA REITERATES PLEDGE TO OPEN MARKETS FURTHER
P.T. Bangsberg |
China said Thursday it will open more sectors to foreign capital to boost overseas investment.
Maritime
TAIWANESE FIRM COMMISSIONS MALAYSIAN PETROCHEMICAL PLANT
Abdul Jalil Hamid |
Taiwan's Titan Group on Thursday commissioned Malaysia's largest petrochemical complex amid talk of
COST OF CREDIT
JOC Staff |
Thursday, March 24, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
S. AFRICA'S GENCOR BUYS STAKE IN GUINEA IRON ORE DEPOSIT
Knight-Ridder Financial |
South African mining house Gencor has bought a major stake in a planned 1.5 billion rand ($450 milli
RULES COULD HURT FINANCIAL MARKETS
Reuters |
The world's drug traffickers launder up to $500 billion every year, about a quarter of it through fi
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
FRANCE TELECOM TO AID VIETNAM PHONE PROJECT
Associated Press |
France Telecom has signed a long-term agreement to take part in a $500 million project to develop Vi
VIETNAM MOVES TO MODERNIZE ITS AGING SUGAR CANE INDUSTRY
Rajan Moses |
Vietnam is revamping its traditional, old-fashioned sugar cane industry to meet the rising needs of
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Wednesday at 230.10 up 0.69 which compares
EU AGREES TO BOOST EFFORTS TO FIGHT FRAUD AGAINST BUDGET
Associated Press |
The European Union is stepping up its war on cheats. Budget Commissioner Peter Schmidhuber s
BALTIC FREIGHT INDEX
JOC Staff |
1190 (Mar. 24, 1994) Previous day - 1179 The Baltic International Freight Futures Market in
Maritime
MARITIME CALENDAR
JOC Staff |
"Collecting the Port: Recent Acquisitions of the South Street Seaport Museum." Through Oct. 30. New
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Mar. 24, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
DONEGAL SEES EARNINGS SLASHED BY STORMSMARIETTA, Ga. - Donegal Group Inc., a regiona
VIETNAM TEXTILE COMPANY INKS DEAL TO SUPPLY US FIRM WITH GARMENTS
P.T. Bangsberg |
Vietnam's state-owned Confectimex has signed a US$7.5 million contract to supply garments to the Uni
Maritime
TEXAS COMMISSIONER BANS IDAHO INSURER
Associated Press |
Texas Insurance Commissioner J. Robert Hunter has ordered an Idaho firm to stop selling insurance in
INSURANCE EARNINGS
From Wire and Staff Reports |
EXEL REPORTS RISE IN OPERATING INCOMEHAMILTON, Bermuda - EXEL Ltd. reported an incre
PETITIONS PUT MICH. CLOSER TO VOTE ON AUTO RATE CUT
Chris Christoff |
Michigan voters are a big step closer to deciding in November whether to cut auto insurance rates by
CORRECTION
JOC Staff |
Due to faulty information in a press release, an insurance brief, "1793 Policy Loaned to College," o
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
OPPOSITION PARTIES BACK GUYANA IN IMF FIGHT OVER WAGE INCREASES
Associated Press |
The Cheddi Jagan administration pledged again this week to ignore International Monetary Fund demand
Maritime
PEOPLE - INSURANCE
From Wire and Staff Reports |
GRYPHON HOLDINGS INC. (New York) - Robert P. Cuthbert has joined the company as senior vice presiden
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Mar. 24, 1994 Quotations are based on prices reported in the market or obtained from s
MEXICO SLAYING SHAKES CONFIDENCE OF INVESTORS
Kevin G. Hall |
The assassination of Mexico's leading presidential candidate threw the nation into collective shock
NY POWER-PLANT PLAN CLEARS EPA, BUT FATE LIKELY RESTS WITH COURT
Arthur Gottschalk |
Plans to build an independent, coal-fired power plant in upstate New York, stalled for almost six ye
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Mar. 24, 1994 Prevailing sellers' posted prices at the close of business, represent
COMPROMISE REJECTED ON WASTE STORAGE
Knight-Ridder Newspapers |
A proposed compromise was offered by 10 state senators on Wednesday that would allow Northern States
REFINERS DEBATE ALTERNATIVES IN SWITCHING OF FUELS
Tony Mercandetti |
U.S. refiners wrestling with the ramifications of a new Environmental Protection Agency mandate requ
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