April 30- An earthquake of magnitude 6 struck in the Atlantic Ocean 38 miles east of Ponta Delgada in Portugal's Azores archipelago on Tuesday, according to the U.S. Geological Survey.» Read More
Japan is struck by the largest recorded earthquake in its history off the coast of the northeastern city of Sendai, putting in motion a series of events that led to a nuclear crisis. The Christian Science Monitor reports.
Retail stocks continue on their slide as investors worry about the world's second largest consumer market. NetNet spoke with Brian Sozzi, a StarMine top-ranked Equity Research Retail analyst, about his outlook on the sector.
Despite serious worries stemming from the deteriorating situation in Japan, the futures aren't predicting U.S. equities to react as violently as they did to the bankruptcy of Lehman Brothers.
The exposures of various insurance companies to the economic devastation of the Tsunami may be dominating the financial discussions in the tragedy's wake – but Japanese banks may be at the most risk.
The yen should be much weaker against the U.S. dollar in the long run based on fundamentals, Nouriel Roubini, Chairman & Co-Founder Roubini Global Economics told CNBC on Tuesday.
Even as workers race to prevent the radioactive cores of the damaged nuclear reactors in Japan from melting down, concerns are growing that nearby pools holding spent fuel rods could pose an even greater danger, the New York Times reports.
Japanese authorities continued to struggle to respond to the aftermath of Friday’s earthquake and tsunami as thousands remained missing and nearly half a million survivors huddled in temporary shelters, the Financial Times reports.
That the market will fall, and fall rapidly is a given. The key question is how far the market may fall before it finds support. The reaction to the Kobe earthquake provides some clues.
Japan combats crisis, the Fed considers inflation and Henry Kravis says hello. Here's some of what we’re watching — and therefore you should as well.
Japanese markets are behaving consistent with recent post-disaster pattern: a lower stock market, lower government bond yields and a mixed outcome for the currency.
The biggest earthquake to hit Japan in 140 years, measured 8.9 on the Richter scale according to the U.S. Geological Service.
According to the Fannie Mae 30-Yr MBS, mortgage rates are lower by about 5 basis points, thanks to the rally in US Treasurys which produced a drop in yields.
As damage estimates rise in Japan, investors are reassessing their initial bullish views on the yen.
The key technology in a nuclear reactor is the control rods. Think of these as the fingers in the dike. They control the amount of neutrons (nuclear fuel generates neutrons) that is allowed to heat the water (steam) which then generates electricity. The control rods slide in and out of the fuel mass to regulate neutron emission.
Japan’s economy will overcome the aftermath of the earthquake and will rebound longer-term, said Steven Bernsetein, CEO of Oppenheimer Investments Asia.
The toll in human misery wrought by the tsunami and earthquakes in Japan test the imagination of economists but the effects on Japan’s GDP and wealth are a different matter.
Amid all the bad news coming out of Japan and the earthquake/tsunami devastation, it's the impact on Toyota's Prius production that is very intriguing.
While the world has fallen out of love with the Japanese economy in recent years it remains an economic powerhouse and important to the global economy, Sean Corrigan, chief investment strategist at Diapason Commodities Management, said Monday.
Japan's Nikkei average tumbled over 5 percent at one point on Monday as investors shifted to safer assets following after Friday's massive earthquake and tsunami, with the long-term impact uncertain as nuclear disaster looms.