Japan's Trade Surplus Extends Decline

Japan?s current account surplus fell 8.6 percent in March compared to a year earlier, thanks largely to higher energy costs, the country?s Finance Ministry revealed Thursday. A stronger-than-desired yen is also weighing on export growth and it makes Japanese goods less competitive.

Toyota Quarterly Earnings Up 500%, Shares Soar Despite Hard Fiscal 2012

Toyota Motor Corporation (NYSE: TM) reported a 30 percent drop in income for its fiscal year ended March 31, but the company is nevertheless making headway down the road to recovery from last year's earthquake in Japan and floods in Thailand as income for January-March 2012 increased by a factor of five.

Strong Earthquake Rattles Western Coast Of Mexico

The western coast of Mexico was struck by a more powerful earthquake Thursday morning after a 6.5 magnitude trembler rocked the sparsely populated mountain region in Michoacan state Wednesday evening.


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Strong Quake Shakes Mexico; No Major Damage

A strong earthquake hit western Mexico on Wednesday, shaking buildings as far away as the capital and sending people rushing out of offices onto the streets, though there were no reports of major damage.
Indonesia Earthquake: India Tsunami Warning Withdrawn

Indonesia Earthquake: India Tsunami Warning Withdrawn

India has withdrawn its tsunami warning from earlier today, which was issued following the massive earthquake which rocked the region measuring 8.6 on the Richter scale in Indonesia this afternoon India Standard Time (IST), reported the Press Trust of India.
Indonesia 2004

Indonesia Earthquake: Photos From The 2004 Tsunami

An 8.7 magnitude earthquake struck right off the waters of Indonesia on April 11, 2012. The large quake could be felt in Singapore, Thailand and India, striking fear in thousands of people. Fear of a tsunami striking is due to the 2004 earthquake that hit Indonesia. Take a look at photos of the devastation that the 2004 earthquake and tsunami caused to the Aceh province in Indonesia.
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Indonesia Tsunami Warning 2012: 8.7 Earthquake, Huge Aftershock Strike Fear On Wednesday

On Wednesday an 8.7 magnitude earthquake struck right off the waters of Indonesia. The huge quake could be felt in Singapore, Thailand and India. In 2004, a 9.1 magnitude earthquake struck Indonesia, setting off a tsunami. Over 226,000 people in Sri Lanka, Thailand, Indonesia, India and nine other countries were killed, reports CNBC. The latest earthquake has set fears of a Tsunami in residents.
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Indonesia Hit By 8.7 Magnitude Quake: How Serious Is A Tsunami Threat?

A tsunami can be caused by a sudden disruption of the sea floor resulting in the vertical displacement of water. When earthquakes happen beneath the sea, as in the present case, water above the area, which is deformed, will undergo sudden displacement from its equilibrium position.
Indonesia Quake

2 Quakes Hit Indonesia's Coast; Tsunami Watch Canceled

An 8.2-magnitude temblor struck 618 kilometers off the coast of Aceh province, epicenter of the December 2004 tsunami that killed hundreds of thousands of people in Asia. Two hours earlier, a magnitude-8.6 quake struck off Sumatra.