OKLAHOMA CITY, May 24- Oklahoma regulators grappling with a massive increase in small earthquakes in the state linked to growing oil and gas production said on Tuesday they were concerned with spiking rates for earthquake insurance coverage and diminishing competition among insurers. At a public hearing on the rate hikes, Oklahoma Insurance Commission... » Read More
Despite record inflows into the Japanese ETF, options traders are less than optimistic about a Japanese recovery.
Here's what you should be watching Thursday, March 24.
Why the "Mad Money" host is bullish on this construction machinery name right now.
Almost two weeks since an earthquake and tsunami devastated a large part of Japan and forced Japanese automakers to shut down their plants, there's a growing panic with American car buyers.
There is no shortage of challenges facing the world today and many investors are frozen waiting for clarity in these times of uncertainty. The problem is, in all likelihood, the world will not settle down any time soon and we will surely continue to see geopolitical shifts and unrest plaguing the investment world. So what are investors to do?
The crisis in Japan following the devastating earthquake and tsunami that killed thousands of people will not have an effect on the European Central Bank's interest rate policy, Manfred Schepers, vice-president finance and chief financial officer for the European Bank for Reconstruction and Development, told CNBC.
Schools in Japan begin class in April and hold graduation ceremonies in March; like spring, they represent renewal and rebirth. On Tuesday morning, in a school meeting hall in the tsunami-ravaged seaport of Kesennuma, it became something else: an act of defiance. The NYT reports.
It was truly a trial by fire — one that has now become part of Russia’s nuclear marketing message. How Chernobyl made Russia the most safety-conscious nuclear proponent. The NYT reports.
Heavy-machinery company Deere still sees itself doubling in size over the next eight years, due in large part to construction and agriculture in Asia, the corporation’s CEO, Samuel Allen, told CNBC Tuesday.
The G7 intervened to weaken the Yen last Friday in an attempt to stabilize the Japanese currency’s dramatic rise since the catastrophic earthquake, tsunami, and nuclear disaster. Europe’s central banks, the Federal Reserve and the Bank of Canada followed the Bank of Japan’s Yen sales, pushing it down against the US dollar.
Natural gas may be having its day, as its rival energy sources come under a cloud. The serious problems at the nuclear power plant in Japan have raised new doubts about the safety of nuclear energy the New York Times reports.
Fears that the world economy is facing another downturn are being overplayed, despite the political upheaval caused by recent unrest in the Middle East and the earthquake and subsequent tsunami in Japan, Jim O'Neill, chairman of Goldman Sachs Asset Management, said.
Tiffany is reducing its first-quarter earnings forecast as it deals with some store closings and limited hours in Japan, in the wake of the earthquake and tsunami there.
In the wake of Japan’s cascading disasters, signs of economic loss can be found in many corners of the globe, from Sendai, on the battered Japanese coast, to Paris to Marion, Ark., reports the New York Times.
The Japanese disaster may speed improvement in relations between South Korea and Japan, the mayor of South Korea's third largest city told Warren Buffett today.
Japan’s list of casualties, already long, could soon include two of the country’s iconic brands: sushi and Kobe beef. The NYT reports.
The nuclear disaster in Japan is likely to have major effects on US energy policy, according to billionaire investor Warren Buffett.
The G-7's intervention has halted the yen's rise, but what happens next isn't clear. Here's how to trade.
Despite the upheaval roiling the markets, Wall Street analysts continue to issue upbeat reports about media companies, and even the negative reports don't mention the headlines — they simply don't have the exposure to Japan and the rest of the market instability as many other sectors.
Terrible weather in January, a spike in gasoline prices in February and a devastating earthquake in Japan in March: any of those three factors can bring a hiccup in earnings and taken together it seems more likely than not that they will.