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A New Way To Take Radioactive Contaminants From Water

A byproduct of the paper industry and crab shells may soon be used to take radioactive contaminants out of water.

Gold Investment Got to Be Good as Low Rates, Loose Policy Put US Triple-A Rating at Risk

For the first time in history, private investor [Gold] holdings now exceed official-sector holdings, said Philip Klapwijk - executive chairman of precious-metals consultancy GFMS - at a presentation in London's Canary Wharf today, commenting on last year's strong physical Gold Investment demand.

IMF presses Europe to shore up bank balance sheets

Many European banks need bigger capital cushions to restore market confidence and help reduce the risk of another financial crisis, the International Monetary Fund said on Wednesday.

Banks face $3.6 trillion wall of maturing debt: IMF

The world's banks face a $3.6 trillion wall of maturing debt in the next two years and must compete with debt-laden governments to secure financing, the IMF warned on Wednesday.

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World stocks put in modest gains

World stocks put in modest gains on Wednesday after recent declines, while oil prices also rebounded as investors sought fresh opportunities to bet on risky assets.

Yen weakens, oil resumes climb as risk sought

SINGAPORE The yen weakened and Asian stocks headed higher on Wednesday, with investors looking for fresh opportunities to bet on risky assets after a sharp drop in oil the previous day caused an unwinding of positions.

Horrifying footage of Japan Tsunami video shows life versus death race [VIDEO]

It's been a month since a massive earthquake triggered off a tsunami and a severe nuclear crisis at Fukushima Nuclear reactor hit Japan, killing thousands of people, rendering millions homeless and leaving scores of people exposed to nuclear radiation and life threatening injuries.

Japan may ask utilities to chip in, limit TEPCO

Japan may ask domestic utilities to share the compensation costs stemming from the crippled Fukushima nuclear plant and cap the burden on plant operator Tokyo Electric Power <9501.T> to $24-45 billion to save the company from financial ruin, a newspaper reported.

JPMorgan might beat Street, helped by credit cards

JPMorgan Chase & Co is expected to post an increase in first-quarter profit of more than 50 percent on Wednesday, as the bank weathers a slowdown in trading and fewer borrowers default on credit card loans.

IAEA: Three Major Problems of Japan's Fukushima Nuclear Accident

Japan Nuclear Agency releases radiation ratings on Fukushima reactor

The International Nuclear and Radiological Event Scale (INES) Rating on the Events in Fukushima Dai-ichi Nuclear Power Station by the Tohoku District - off the Pacific Ocean Earthquake.

TEPCO's liability may be capped at $24-45 billion: Yomiuri

Japan may cap Tokyo Electric Power's <9501.T> liability to as little as $24 billion for damages stemming from its crippled nuclear plant, the Yomiuri newspaper reported, citing a draft plan being considered by the plant operator and the government.

Japan Yosano: Quake economic impact likely short-lived

Japanese Economics Minister Kaoru Yosano said on Wednesday that the effects of last month's devastating earthquake and tsunami would be relatively short-lived, with the economy expected to recover toward the end of the year.

Handout shows damage sustained at the Fukushima Daiichi nuclear power complex

Nuclear situation 'static', says US watchdog; Japan raises threat level

The situation at Japan's severely damaged Fukushima-Daiichi nuclear plant is 'static' but significant additional problems could happen at the plant, the U.S. Nuclear Regulatory Commission has said.

World Market Overview 04/13/2011

Asian shares fell Tuesday on selling prompted by Japan declaring its nuclear crisis a match for the Chernobyl disaster in severity and after the International Monetary Fund said global economic growth should slow this year as new risks emerge.

Chip sector bellwether ASML to see strong Q1

Dutch chip equipment maker ASML kicks off the European technology stocks first-quarter earnings season on Wednesday, when it is expected to report a profit surge due to strong demand for smartchips.

U.S. says G20 to develop list of countries with imbalance

A senior U.S. Treasury Department official said on Tuesday the G20 expects to make progress on guidelines for identifying economic imbalances this week and soon will be able to list countries with problems.

G20 to work on imbalances plan amid crowded agenda

The world's biggest economies hope to make progress this week on a plan to identify countries that put the global economy at risk, while China warned against any moves that would curb its red-hot growth.

U.S.: G20 to name countries with problem imbalances soon

The G20 hopes to make progress on developing guidelines to identify economic imbalances this week and will soon be able to list countries with the biggest problems, a senior U.S. Treasury official on Tuesday.

RMS estimates Japan insured losses up to $34 billion

The March 11 Japan earthquake and tsunami are likely to have caused up to $34 billion in losses for the global insurance industry, catastrophe modeling company RMS said on Tuesday.

G20 to seek deal on imbalances amid crowded agenda

The world's biggest economies will struggle this week to make headway on a plan to identify countries that put the global economy at risk with China opposed to any attempt to curb its growth.

Versace goes to Japan despite earthquake and tsunami

Earthquake and tsunamis could not keep Versace from Japan.After some delays due to the natural disasters, Versace will proceed with plans to open stores in Japan and add to its Asian income stream. The company already derives 30 percent of its income from China.