Kyushu Electric Power Co. said the first four fuel bundles were loaded into the Sendai plant's No. 1 reactor as of late Tuesday. Regulators affirmed the safety of two Sendai reactors last September under the stricter safety rules set after a powerful 2011 earthquake and tsunami destroyed the Fukushima Dai-ichi nuclear plant in northeastern Japan.» Read More
Traders point to Japanese investors repatriating assets as a significant cause of the yen's dramatic rise. Really?
This week's market action has left a lot to be desired. But given everything that is going on, we should probably be thankful. After falling some 4-5% from its recent highs, the S&P 500 remains in positive territory for the year.
Ever since the nuclear plants began deteriorating in Japan, there's been no shortage of coverage in the media. But it's been very hard to find anything on the bottom line: how bad could this get. If everything goes wrong, if we get multiple meltdowns, what happens? What's the worse case scenario?
Here's the transcript from my recent interview with top Senate Republican Mitch McConnell. One of the key points he made from my perch is that he wants a broad-based budget deal, but absolutely no tax hike.
Japan is Hawaii's second largest market for tourists behind the US mainland. Last year, 1.2 million Japanese came to the islands and spent $1.9 billion, according to the state tourism officials. Now, all of this is threatened.
The yen rocketed to a postwar high against the dollar late Wednesday, and the market's showing little sign of calming today. It's time for your FX Fix.
As governments around the world rethink nuclear power, with fears rife about leaking radiation at Japan’s earthquake-damaged plants, Steen Jacobsen, chief investment officer at Saxo Bank, recommends investors focus on Russia to benefit from its energy potential.
As Japan’s nuclear crisis intensified Wednesday, governments across Europe remained at odds over whether to scale back nuclear power programs or continue plans to expand, reports the New York Times.
It was a mixture of historical technical levels and algorithmic trading that rocketed the yen to an all-time high of 76.25 against the dollar Thursday, according to Thanos Papasavvas, head of currency management at Investec Asset Management.
The world economy is still very fragile and the impact of the Japanese earthquake and the nuclear crisis is distressing, Stephen Roach, non-executive chairman at Morgan Stanley, Asia, told CNBC in an interview.
The complexity and uncertainty surrounding Japan's nuclear crisis has created a great divide between investors who are now running from risk and those who think they can ride it out.
Cramer has advice for investors who want to sell stocks now.
Cramer found a cheap stock that's poised to benefit from Japan's reconstruction.
Consider these five dividend-paying stocks, the "Mad Money" host said.
The yen rallied to a new all-time high against the dollar as traders speculated G-7 central bankers may be getting ready to intervene to drive the currency lower.
The Japan situation offers a new “calibration point” for insurers and the world, Glenn Renwick, CEO of insurance company Progressive, told CNBC Wednesday.
On March 11, 2011, an earthquake measuring 9.0 on the Richter scale struck Japan, bringing a destructive tsunami along with it. See 11 other history-making nuclear disasters.
Insight on a new in-car tracking device and how insurance companies deal with disaster, with Glenn Renwick, Progressive CEO.
As global sell-off intensifies on fears of Japan's nuclear crisis, the former car czar told CNBC Wednesday that nothing will derail our economic recovery except oil.
Traders have started souring on some emerging market currencies this week, and the fun may just be starting.