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Libya, Japan may cool yen for risk

Investors already bruised by the Japan disaster now confront military air strikes on Libya and the prospect of rising oil prices, making it likely they will postpone any bold investment decisions.

Oil's risk premium may rise on Libya, Middle East

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Oil prices may rise again on Monday as traders ratchet up the risk premium for crude after Western forces bombed Libya's air defenses in a United Nations-backed intervention against Libyan leader Muammar Gaddafi.
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Japan plans up to $127 billion in lending after quake: Nikkei

The Japanese government plans to dedicate up to 10 trillion yen ($127 billion) in crisis lending to businesses to help them finance day-to-day operations and repair damage from last week's deadly earthquake and tsunami, the Nikkei newspaper reported on Saturday.
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Starbucks says raising bagged coffee prices

Starbucks Coffee Co said on Friday it would raise the price of its packaged coffee by an average of 12 percent after its Chief Executive Howard Schultz once again blamed speculators for pushing coffee prices higher.
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GM to assess Japan parts problems in two weeks: CEO

General Motors Co will only learn the impact of Japan's earthquake and nuclear crisis on its supply chain within a week or two, Chief Executive Daniel Akerson said on Friday, as shortages of components and other supplies deepen.
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Wall Street rebounds but ends lower for week

Stocks rallied on Friday after a week of volatility, but light trading volume suggested investors are still reluctant to make big bets due to turmoil in the Middle East and Japan's nuclear crisis.
Indian Point Nuclear Power Plant

NRC: Seismic Refits Not Yet Needed

The Nuclear regulatory Commission has no plans to retrofit existing nuclear power plants due to seismic hazards, despite an increase in measured seismic risk at some sites.
A mother touches her son's stomach at an evacuation center set in a gymnasium in Yamagata, northern Japan

Japan death toll nearing 7,000; thousands remain missing

The official death toll from Japan’s huge earthquake-tsunami tragedy is approaching 7-thousand, already exceeding the 6,434 who died in the Great Hanshin earthquake of 1995, according to Japan’s National Police Agency.
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Wall Street gains on G7 yen action and bank shares

Stocks advanced on Friday after the Group of Seven intervened to support the Japanese yen and major banks were cleared to pay dividends again, but investors are unlikely to make big bets heading into the weekend.
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Gold Unwinds Weekly Drop as Real Interest Rates Plunge

Prices to Buy Gold rose above $1418 per ounce Friday lunchtime in London, reversing this week's earlier 2.4% drop as crude oil fell and world stock markets rose further after news of an immediate cease-fire by the Gaddafi regime in Libya, prompted by the United Nations' no fly zone agreement.
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Wall St gains after G7 yen action

Stocks rose on Friday as the Group of Seven nations moved to calm markets amid Japan's crisis and as Brent oil slipped, but investors are likely to stay cautious heading into the weekend.
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U.S. officials think No. 4 reactor at Fukushima may have dire breach in wall or floor

Nuclear energy experts in the U.S. believe that the quake-damaged atomic plant in northeastern Japan that is at the center of an unrelenting crisis has a dire breach in the wall or floor – a predicament that will pose serious problems when they seek to refill the spent fuel pool with coolant in order to prevent the release of extremely harmful radioactivity.

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