SANTIAGO, Dec 25- A major 7.6 magnitude earthquake jolted southern Chile on Sunday, prompting thousands to evacuate coastal areas, but no fatalities or major damage were reported in the tourism and salmon farming region. Chile's National Emergency Office lifted both the evacuation order and a tsunami watch three hours after the Christmas Day quake struck,...
SANTIAGO, Dec 25- A major 7.6 magnitude earthquake struck southern Chile on Sunday, prompting thousands to evacuate coastal areas in a region known for tourism and salmon farming. Eight mostly small ports in the area were closed, Chile's Navy said. "There was a lot, a lot of movement here, but besides that nothing of note, there weren't houses falling," said Alamiro Vera,...
SYDNEY, Dec 17- A strong earthquake with a magnitude of 7.9 struck 157 km east of Rabaul in Papua New Guinea on Saturday, the U.S. Geological Survey reported, prompting a warning about tsunami waves across parts of the archipelago. The PTWC cancelled an earlier tsunami warning that encompassed Indonesia, the Solomon Islands, Pohnpei, Chuuk, Nauru, Kosrae and Vanuatu...
SYDNEY, Dec 17- A strong earthquake with a magnitude of 7.9 struck 157 km east of Rabaul in Papua New Guinea on Saturday, the U.S. Geological Survey reported, prompting a warning about potential tsunami waves in the region. "Widespread hazardous tsunami waves are possible," the Pacific Tsunami Warning Center said in a message following the quake, which struck the New...
Dec 17- A magnitude 8.0 earthquake struck 157 km east of Rabaul, Papua New Guinea on Saturday, the U.S. Geological Survey reported, prompting a warning about tsunami waves in the region. "Widespread hazardous tsunami waves are possible," the Pacific Tsunami Warning Center said in a message following the quake, which struck the New Ireland region of Papua New Guinea...
A powerful earthquake struck off the eastern coast of Japan's Honshu island early Tuesday.
The Tokyo metropolitan government will invest in 6 solar power projects across Japan. Tokyo had set up funds last year to invest in power plants, and these funds will cover 20-30% of the cost of the new 170 million dollar solar power project. Sachiko Kishida reports.
Japan's Nuclear Regulation Authority has rated the latest radioactive water leakage at the Fukushima Daiichi nuclear power plant a Level-3 incident. Nozomu Kitadai reports.
The Korea Times thinks the North Korean leader really IS the sexiest man alive. The GlobalPost reports.
Japan's environment ministry expects about 33,000 tons of tsunami debris to reach the western coast of North America by next June. The GlobalPost reports.
George Boubouras, Head of Investment Strategy & Consulting, UBS Wealth Management discusses his outlook for the Japanese economy following the release of the country's GDP data.
Japan's controversial Hamaoka nuclear plant, shut down after Fukushima, wants to reopen once a 54-ft.-high, mile-long wall is finished. But the plant also sits on a seismic fault line, raising more than a few doubts.
CNBC's Brian Shactman takes a look at how the nuclear industry has been altered one year after the disastrous earthquake and tsunami in Japan.
Last year's triple Fukushima disaster – an earthquake, tsunami and nuclear crisis trifecta -- claimed more than 19,000 lives and wreaked utter havoc on the affected area. But the cascading effects of the Fukushima catastrophe may prove to be even more serious and long-lasting.
Regional cities like Aizu-Wakamatsu could be crucial to Japan’s effort to attract foreign investment, the New York Times reports.
As Japan marks the first anniversary of its worst nuclear accident ever, the debate over a shift to greener energy has not concluded.
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.
In the darkest moments of last year’s nuclear accident, Japanese leaders did not know the actual extent of damage at the plant and secretly considered the possibility of evacuating Tokyo, an independent investigation into the accident disclosed. The NYT reports.
Boeing set to end 2011 with its worst performance against Airbus in 40 years, and Toyota predicts a rebound in 2012. CNBC's Phil LeBeau reports.