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17th of March 2011
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News Tag: tsunami

March 15, 2011

Japan’s Nikkei plummets on nuclear crisis

by Kay Murchie
Japan’s Nikkei plummets on nuclear crisis
Japan’s Nikkei 225 index fell further today, losing 10.6% to 8,605 - diving even further below the crucially important 10,000 mark. Toyota and Sony were yet again hit by heavy selling after being forced to cease production throughout Japan. The country’s Prime Minister, Naoto Kan, said radiation levels at a nuclear plant on the northeast coast had increase and people are being urged ...




March 14, 2011

Japanese economy will recover from disasters say analysts

by Kay Murchie
”Japanese
Last week’s earthquake and tsunami which hit Japan are set to cause “considerable” economic impact as the country faces a massive clean-up operation, a potential nuclear meltdown and power shortages. However, analysts have today said the world’s third largest economy will recover later this year. Over the weekend, the Japanese Government spoke of the 8.9 magnitude earthquake and the 13-foot tsunami ...




Global stocks hit by Japanese disasters

by Kay Murchie
Global stocks hit by Japanese disasters
The Japanese Government has spoken of the 8.9 magnitude earthquake and the 13-foot tsunami which hit the northeast coast of Japan last week. Prime Minister, Naoto Kan, described it as the worst crisis since the Second World War. The disasters are set to cause "considerable" economic impact as the country faces a massive clean-up operation, a potential nuclear meltdown and power shortages - ...




March 11, 2011

Asian stocks and yen down after quake

by Kay Murchie
Asian stocks and yen down after quake
Asian shares and the yen have dropped after a 8.9 magnitude earthquake hit Japan. The earthquake hit the northeast coast of Japan, followed by a 13-foot tsunami wave sending shares tumbling. Shares had already lost ground following weak economic data and the Middle East turmoil. Japan’s Nikkei index was 1.7% lower, but Nikkei futures lost 3% in after-hours trading in Singapore as the ...