A Japanese volcano about 50 km (30 miles) from a nuclear plant erupted on Friday, Japan's Meteorological Agency said.» Read More
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.
Japan faces earthquake aftermath and nuclear emergency, Gaddafi wins gains against rebels, and the Rajaratnam trial continues.
Fishermen who had escaped to sea before the tsunami hit this struggling coastal town landed small loads of crab on Saturday, while crews surveyed damage and a family combed the beach for any sign of a man who was swept away a day ago as he photographed the waves.
Traders went home Friday thinking about Japan's tragic earthquake and tsunami, more possible unrest in the Middle East, and Europe's sovereign debt problems.
Weighing in on how Japan will emerge from this devastating disaster, with Greg Valliere, Potomac Research Group and Tony Fratto, Hamilton Place Strategies.
Eleven days ago word surfaced that the approaching full moon could trigger a slew of problems. Since then, an earthquake hit Japan and rocked global markets.
The economic impact from the tsumani that slammed into eastern Japan following one of the largest earthquakes ever recorded, 8.9 magnitude, will be felt in the near future, Sean Egan, founder partner and president of Egan-Jones Ratings Company, told CNBC on Friday.
Residents need to be prepared for the strongest waves four to five hours after the first one hits, but there will be no "wave of water", one expert told CNBC.
The biggest earthquake on record to hit Japan in 140 years sent stock markets across the globe sharply lower, while the yen and oil prices also fell.
The 8.9 magnitude earthquake that hit Japan Friday will likely dent investor confidence in the short term, but is unlikely to derail the global economic recovery, analysts told CNBC.
Nikkei futures tumbled on Friday after a massive 8.9 magnitude earthquake hit northeast Japan, causing many injuries.
Asian shares opened lower on Thursday following declines in the overnight U.S. session. A sell-off in chip stocks hurt tech counters in South Korea, while a decline in commodities weighed on Australia's commodity heavy index.
There were two stories in Tokyo, Japan when Toyota CEO Akio Toyoda unveiled his Global Vision plan, investors focused on the nuts and bolts. And on paper they look great.
Stocks in Japan and South Korea opened higher on Wednesday, helped by an overnight rally on Wall Street.
As I walked to catch my train this morning I heard the first comment: "$100 million for the guys running Ford? Are you kidding me?"
Asian stocks rose on Tuesday but gains were limited as investors worried higher energy prices could stunt the global economic recovery.
It's an interesting race that will heat up even more with gas prices soaring. Who has the most fuel efficient gas powered, non hybrid car? By the way, to get into this race you better get over 40mpg.
Asian stocks fell on Monday, as fears of more turmoil in the Middle East and higher oil prices overshadowed solid U.S. payroll data.
Asian stocks rose on Friday, responding to growing confidence in the U.S. economic outlook, which fueled a rally on Wall Street and sent commodity prices higher.