Rajiv Biswas, director of South East Asia at IHS Global Insight, told CNBC, "The great news is it wasn't the same sort of earthquake and secondly that the early warning systems seemed to be working relatively well, but I think it also highlights the great vulnerability of countries in Asia to this kind of disaster."
The tsunami that hit Japan last year inspired many documentaries, 29 of which were shown at the Yamagata International Documentary Film Festival in October, the New York Times reports.
Most investors can rhyme off a litany of reasons as to why to avoid Japan – high government debt, deflation and a demographic vortex just to name a few. But Japanese equities appear to be emerging as a favorite contrarian play among some experienced investors.
Jacinthe Martin says it took her a few days to reach “panic” status last March, as Japan’s nuclear crisis deepened following its earthquake and tsunami. But the agitated news reports and frantic emails from friends finally pushed her – like many foreign residents of Tokyo – to abandon her adopted city for sanctuary overseas, FT reports.