Spot prices of uranium, used to make fuel for nuclear power production, have been depressed since the 2011 Fukushima disaster in Japan, which led to the shutdown of all reactors in that country, generating burdensome stockpiles globally. Its stock plunged more than 5 percent in Toronto and New York around midday. Contracting looks to significantly pick up in...» Read More
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.
Because of Japan’s many troubles, before and after recent events, the Asia nation could face recession again, Stephen Roach, Morgan Stanley’s non-executive chairman Asia, told CNBC Wednesday.
At worst, the crisis in Japan will reduce U.S. gross domestic product by one-half of 1 percent, according to Brian Levitt, economist at Oppenheimer Funds.
The international outpouring of support for the people of Japan has been a truly wondrous thing to behold.
The yen hit a four-month high against the dollar, and Bahrain's central bank is on the move — it's time for your FX Fix.