The devastation in Japan is set to worsen the negative short-term sentiment gripping a vulnerable U.S. stock market, with companies exposed to Japan and the nuclear energy sector likely to take the biggest hits.
The death toll from Friday's large earthquake and subsequent tsunami is likely to rise beyond 10,000, Miyagi prefecture's police chief said on Sunday, according to Kyodo News.
Last week's earthquake in Japan could lead to insured losses of nearly $35 billion, risk modeling company AIR Worldwide said, making it one of the most expensive catastrophes in history -- even without expected additional tsunami losses that are not yet counted.
Earth has been shifted on its axis by almost 4 inches (10 centimeters) during the Japan earthquake, and according to some reports, the cataclysmic incident has a moon connection.
Earthquake in Japan. Unrest in the oil-producing Arab world. Sovereign-debt strains in Europe. Inflation in China.
Despite going through one of the most severe crisis in its history, Japan is continuing her plan of hosting two football (soccer) International friendlies in March.
Bank of Japan Governor Masaaki Shirakawa said the central bank will provide huge amounts of liquidity to the banking system on Monday, reinforcing the bank's determination to keep markets stable in the wake of the devastating earthquake that struck northeastern Japan.
Japanese automakers, electronics firms and oil refiners shut key factories after a massive earthquake and tsunami struck the northeast coast, underscoring the challenge facing the government as it rushes to limit the economic blow.
The Shinmoedake volcano in Japan's Kyushu has erupted two days after the massive earthquake and tsunami that left more than 10,000 people dead, reports said on Sunday. There was no confirmation on whether the eruption was related to Friday's quake.
The earthquake disaster in Japan looks set to dominate a Group of Eight foreign ministers meeting this week in Paris as members discuss ways to coordinate help for the only Asian country in the group.
It took a massive earthquake back in her homeland to persuade Yuki Kosuge to look beyond traditional news sources and log in to Twitter for the first time.
Seeking to avert a meltdown, Japanese officials injected seawater into overheating nuclear reactors on Sunday, relieving pressure at a nuclear plant in Fukushima prefecture, according to a report.
The radiation level at the Fukushima No. 1 nuclear power plant, which was hit by the earthquake, has exceeded the legal limit on Sunday, posing extreme danger to the people in a multi-kilometer radius and spawning long-term environmental hazards.
The unexpected nature of this week's earthquake in Japan, plus the damage from the subsequent tsunami and fires, makes estimating insured losses from the disaster especially difficult, senior executives at two top catastrophe risk modeling firms said on Saturday.
The unexpected nature of this week's earthquake in Japan, plus the damage from the subsequent tsunami and fires, makes estimating insured losses from the disaster especially difficult, senior executives at two top catastrophe risk modeling firms said on Saturday.
The death toll from Japan’s devastating earthquake is now above 1,800 and likely to keep climbing.
Assistance in the form of food and equipment has started to arrive in earthquake-and tsunami-battered Japan from the U.S.
Search and rescue teams are expected to reach Japan by tomorrow.
Prefectural officials have reported that a small seaside town in northeastern Japan close to the epicenter of Friday's 8.9 magnitude earthquake has about 9,500 people which have gone unaccounted for, according to Kyodo news.
The massive earthquake in the Japan and the vulnerability of its nuclear energy sector has raised serious questions about the nation’s preparedness for such a catastrophe and its basic nuclear policy.
The unprecedented nature of Friday's earthquake in Japan, plus the damage from the subsequent tsunami and fires, makes estimating insured losses especially challenging, senior executives at two top catastrophe modeling firms said on Saturday.
NASA's Earth Observatory team has published enhanced satellite images comparing before and after shots of the northeastern Japanese city of Sendai after a massive 8.9 magnitude earthquake and tsunami struck the coast, pointing out areas hit by flooding.
The Tokyo Electric Power Co. (TEPCO) has warned of massive blackouts across Japan, even affecting areas far removed from the direct impact of the earthquake, given that its power facilities were damaged by the quake.
