TOKYO, Aug 13- A sales tax hike last quarter drove Japan's economy into its biggest contraction since the March 2011 earthquake and tsunami, Cabinet Office data showed on Wednesday, keeping policymakers under pressure to expand fiscal and monetary stimulus should recovery falter again.» Read More
Stone tablets in Japan, some more than six centuries old, are inscribed with messages about tsunamis, the New York Times reports.
The craze for tablet computers has started to cannibalize sales of PCs. But with market leader Apple priced at nearly $330 a share, Taiwan's Hon Hai may be a cheaper way to gain exposure to this growth story, suggested a technology analyst.
The outlook of the container shipping industry remains uncertain, according to NOL’s Chief, as the industry grapples with concerns over rising fuel costs, overcapacity and ripple effects from the Japan disaster. Shipping veteran Ron Widdows, who helms the Singapore-based company, the world’s sixth-largest container shipping company, talks to CNBC’s Christine Tan.
Foreign cigarette makers have taken the unusual step of air freighting cigarettes to Japan to make up for a plunge in supplies, after last month’s natural disaster knocked out a third of the country’s cigarette production. The FT reports.
A strong aftershock ripped through northeastern Japan, killing two, injuring dozens and piling misery on a region still buried under the rubble of last month's devastating tsunami.
Another quake in Japan, another EU nation on the brink, and another day without a budget deal. Here's what we're watching…
CNBC's Melissa Lee and the Fast Money traders discuss the day's market activity, including reaction to the most recent Japanese earthquake. Also, a look at the currency markets and the yen, with Andy Busch, BMO Capital Markets. And gold futures are near flat after hitting a record.
December 21, 2012 -- the end date in the ancient Mayan calendar. Will it bring the Apocalypse? See some of the most notorious prophets and doomsday groups in history.
"When a natural disaster strikes, its victims most urgently need aid. Many companies respond by making direct donations and matching employee gifts. But in times of crisis, we advise companies to do more than give money," writes this author.
Engineers pinned their hopes on chemicals, sawdust and shredded newspaper to stop highly radioactive water pouring into the ocean from Japan's tsunami-ravaged nuclear plant Sunday as officials said it will take several months to bring the crisis under control, the first time they have provided a timetable.
There seems to be little news to merit any optimism. The challenges facing Japan are great and daunting. But let's not discount the resilience and determination of the Japanese and let's not dismiss the Japanese economy.
As hundreds of thousands of young people begin their working lives on Friday, they face a transformed Japan that will test a generation reared in affluence yet dismissed by its elders as selfish materialists. The New York Times reports.
These plays might be "glaringly obvious," but Cramer said they're making investors a lot of money.
General unrest in the Middle East has had a "dramatic impact on oil prices," the chief executive of a major South African mining and energy company said Thursday—and he makes no secret of the fact that that's good news for his firm.
Setbacks mounted Wednesday in the crisis over Japan's tsunami-damaged nuclear facility, with nearby seawater testing at its highest radiation levels yet and the president of the plant operator checking into a hospital with hypertension.
Perhaps we were wrong to cite the CBOE's VIX contract as a good indicator of market volatility? Recent events, including on-going military action in Libya and the Portugal sovereign debt crisis, would have suggested that the market should sell off on greater uncertainty, and yet the VIX fell from 29 last week to 17 today. Are investors becoming more sanguine about these issues?
Here's what you should be watching Thursday, March 30.
The current market environment reminds me of the movie “Wayne’s world” that I saw longer ago than I care to remember. The party mood on the markets just continues in the face of clear and present dangers.
The term “rolling blackouts” has become shorthand for noting one way Japan is trying to cope with its national calamity. Experts say it may be next year before anything close to full electrical power is restored in Japan. The New York Times reports.
The reality is, in this century, a global perspective is necessary when investing for portfolio success. Latin America, developing Europe, the Middle East, and Africa all hold promise. And without a doubt the brightest beacon for emerging growth today is Asia.