Posts Tagged ‘ Japan ’

Second Japanese Quake Shocks Stocks, but Yen Rises

Apr 7th, 2011 | By
Second Japanese Quake Shocks Stocks, but Yen Rises

A 7.1 aftershock rattled Japan Thursday in the wake of last month’s record quake, sending more tremors through the stock market. Japanese stock futures and Sony stock fell. Meanwhile the yen rose in response to Japanese central bank credit actions. The new quake struck 215 miles northeast of Tokyo, at about 11:32 pm local time.
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Japan Quake Disrupts Air Travel in Pacific and Elsewhere

Mar 24th, 2011 | By
Japan Quake Disrupts Air Travel in Pacific and Elsewhere

The crisis triggered by Japan’s earthquake is sending aftershocks through the airline industry, airline representatives reported Tuesday during the J.P. Morgan Aviation, Transportation & Defense Conference. Airlines that serve the Pacific are most directly affected, but even other airlines are feeling the ripples. The problem radiates beyond Japan because many flights to other parts of
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Stocks and Oil Rise, Yen Falls as Japan Holds, Libya Erupts

Mar 21st, 2011 | By
Stocks and Oil Rise, Yen Falls as Japan Holds, Libya Erupts

As Japan’s nuclear crisis remained contained, the yen fell in value against other international currency, while stocks rose to their highest three-day gain of the year. Meanwhile the onset of fighting in Libya sent oil up. Japanese Prime Minister Naoto Kan announced that progress is being made towards restoring power to two nuclear reactors damaged
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Making Donations to Japanese Relief Requires Homework

Mar 19th, 2011 | By
Making Donations to Japanese Relief Requires Homework

Last week’s disaster in Japan has been heartbreaking. The details continue to emerge and  it is a story of thousands of people dead and even higher numbers of people still missing or unaccounted for. Many people all over the world have been moved to make a donation to assist in the aid effort. Following last
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US and European Stocks Rebound Hoping for Japanese Recovery

Mar 18th, 2011 | By
US and European Stocks Rebound Hoping for Japanese Recovery

The prospect of restored power in Japan raised the yen to its highest peak since World War II Thursday and sent US and European stocks rebounding from the biggest three-day drop in the Standard & Poor’s 500 Index since August. Also contributing to the rebound were events in Libya fueling a jump in oil prices
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State Department Warns Against US Travel to Japan

Mar 13th, 2011 | By
State Department Warns Against US Travel to Japan

The US State Department Bureau of Consular Affairs advised US citizens to avoid non-emergency travel to Japan Sunday, following Friday’s 8.9 magnitude earthquake. The alert is in effect through April 1, pending updates on planned power outages, evacuation near nuclear facilities in Fukushima, and the outlook for aftershocks and tsunamis. Due to disruptions of water,
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Japan Launches Its Fastest Bullet Train Yet

Mar 11th, 2011 | By
Japan Launches Its Fastest Bullet Train Yet

Japan launched the nation’s new fastest bullet train Saturday, as the Hayabusa (Falcon) Shinkansen (Bullet Train) began delivering service at over 300 kph. The launching celebrated the December extension of the Tohoku Shinkansen Line to Aomori, the northernmost prefectural capital on Japan’s main island of Honshu. The green 10-car train has a nose of 15
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