EARTHQUAKE

A Sony logo is seen at an unveiling of the company's head mounted display "Personnal 3D Viewer HMZ-T1", in Tokyo

Electronics Giant, Sony, Warns of Yearly Loss

Ailing Japanese electronics giant Sony Corp warned it was heading for a bigger-than-expected $2.9 billion annual loss, presenting a daunting task for incoming CEO Kazuo Hirai, who vowed to move quickly to turn things around.

NRC: Nuclear Accidents Pose Little Risk to Health

The risk to public health from a severe nuclear power plant accident in the United States is very small because reactor operators should have time to prevent core damage and reduce the release of radioactive materials, U.S. nuclear regulators said in a study on Wednesday.
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Water Leak at Fukushima Suspends Cooling Operation

Japan's stricken Fukushima nuclear power plant has leaked more than 600 liters of water, forcing it to briefly suspend cooling operations at a spent-fuel pond over the weekend, but none is thought to have escaped into the ocean.
Man uses a mobile phone among advertisements of a department store in Tokyo

Japan Prices Fall, Mild Deflation to Persist

Japan's core consumer prices fell for the third consecutive month in the year to December, and mild deflation is expected to persist this year as energy prices stabilize and worries about Europe's debt crisis suppress wage growth and economic activity.
A man walks past an electronic board displaying Japan's Nikkei share average outside a brokerage in Tokyo

Nikkei Falls Back from 3-Month High; Fanuc Disappoints

Japan's Nikkei average retreated from a three-month high on Thursday as disappointing results from Fanuc and Fuji Electric weighed, though the Federal Reserve's signal of its readiness to further stimulate the U.S. economy provided support.
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Japan's Tepco Set for $13B Bailout: Sources

The owner of Japan's stricken nuclear reactor, Tokyo Electric Power Co, will agree to be taken over by the government in a near-$13 billion bailout, sources said on Thursday, even as the country debates the future of nuclear power.
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2 Buildings Collapse in Rio

Two buildings collapsed in downtown Rio de Janeiro on Wednesday, in the latest incident highlighting the failure of authorities to improve the city's infrastructure amid preparations to host soccer's World Cup and the Olympics.
The crippled Fukushima Daiichi nuclear power plant is seen from bus windows in Fukushima

Japanese Government to Take Over Tepco in Bailout

The owner of the stricken Fukushima nuclear reactor, Tokyo Electric Power Co, will agree to be taken over by the government in a near-$13 billion bailout, sources said Thursday, even as Japan debates the future of nuclear power.
Asian Stocks

Asian Shares Rise as Focus Turns from Greece to Fed

Asian shares rose on Wednesday, underpinned by strong earnings from U.S. technology giant Apple, stabilizing European money markets and falling eurozone debt yields, with investors shifting their focus from Europe to the U.S. Federal Reserve.
Japan Earthquake and tsunami

Japan Earthquake 2012: Study Warns of Major Tokyo Quake

Japan has already suffered one earthquake in 2012. But the New Year's Day rumble caused little damage because it was centered deep below the surface. A new study warns, however, that the Tokyo region has a 70 percent chance of experiencing a major earthquake within four years.

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