Japanese manufacturers' business sentiment improved slightly in the three months to March, the Bank of Japan's closely watched tankan survey showed, but analysts anticipate a downturn in confidence this quarter following last month's devastating earthquake and tsunami and subsequent nuclear crisis.
Japanese business morale improved slightly in the three months to March, the Bank of Japan's closely watched tankan survey showed, but the devastating earthquake earlier this month and a subsequent nuclear crisis are seen hurting confidence in coming months.
Japan will take control of Tokyo Electric Power Co <9501.T>, the operator of a stricken nuclear plant, in the face of mounting public concerns over the crisis and a huge potential compensation bill, a local newspaper reported on Friday.
Minister Louis Farrakhan, the leader of Nation of Islam (NOI) in the U.S., has defended his brother” Moammar Gaddafi and blasted U.S. military action in Libya.
The company is phasing out the technology in favor of near-field communication, which would offer much of the same functionality of QR codes but with increased efficiency.
Oil prices jumped to their highest close in 2-1/2 years on Thursday in thin end-of-quarter trading that left Brent near a record quarterly rise of more than $22 as Libya's conflict and Middle East unrest kept supply threats in focus and U.S. economic data added lift.
U.S. stocks ended a solid quarter with the barest of moves on Thursday, as investors looked ahead to Friday's U.S. jobs report to provide a catalyst to push indexes to new highs for the year.
United Auto Workers membership rose for the first time in six years in 2010, helped by a recovering U.S. auto industry and expanding to include workers outside that industry, the UAW said in a federal filing on Thursday.
Even as Tokyo Electric Power Company acknowledged that it will decommission four of the six nuclear reactors at the Fukushima Daiichi nuclear plant, there is still the problem of a massive cleanup.
The company is hoping that Taiwanese firms can fill the void left by Japanese companies.
The US corporate tax rate is supposed to be 35 percent. However, due to various rules and exemptions, the actual tax rate is much lower.
Oil prices rose on Thursday on the last day of the quarter, with Brent heading for its second biggest quarterly rise as Middle East protests and unrest and Libya's conflict kept threats to supply in focus.
atest update from IAEA on nuclear crisis at Fukushima plant in Japan
Japan will repatriate more funds than markets expect to finance its reconstruction efforts following its devastating earthquake and tsunami, the co-chief investment officer of top bond fund PIMCO said on Thursday.
Japan will repatriate more funds than markets expect to finance its reconstruction efforts following its devastating earthquake and tsunami, the co-chief investment officer of top bond fund PIMCO said on Thursday.
Investors are putting their faith in Japan's ability to recover from its major disasters, barely changing their equity exposure to the stricken country despite earthquake, tsunami and nuclear breakdown.
The International Atomic Energy Agency says it has measured levels of radiation in a small village northwest of the Fukushima Daiichi nuclear power plant high enough that it would recommend evacuation.
Oil prices rose over $2 on Thursday, led by Brent which was heading for its second biggest quarterly rise, touching $117.70 a barrel as Middle East supply worries led concerns.
As many as 1,000 dead bodies remain unmoved within a 20-kilometer radius from the crippled Fukushima nuclear power plant, as fears of radiation leakage has prevented authorities from collecting and burying them, according to Japanese police officials.
The Japanese government said it has no plans currently to widen the evacuation zone outside the damaged nuclear power plant at Fukushima, despite warnings from the UN nuclear watchdog that high radiation levels have been detected beyond the current no-go zone.
World stocks climbed to a new three-week high on Thursday and the euro inched higher ahead of the publication of Irish bank stress tests aimed at capping one of the major risks in Europe's debt crisis.
The top after-market NASDAQ Stock Market gainers are: MAKO Surgical, Andatee China Marine Fuel Services, Charming Shoppes, Home Bancorp, and Performance Technologies. The top after-market NASDAQ Stock Market losers are: Maxygen, SMART Modular Technologies, Oplink Communications, Jos. A Bank Clothiers, and Energy Conversion Devices.
