japan earthquake

G-7 Pledges to Restrain Japanese Yen

Japan's Nikkei 225 Index advanced 2.7% on Friday, ending a turbulent week at 9,207. In Hong Kong the Hang Seng Index inched up 0.1% to 22,300 and in China the Shanghai Composite Index rose 0.3% to close at 2,907.

G-7 to Help Weaken Surging Japanese Yen

The Group of Seven countries on Thursday agreed to intervene to reduce the value of the Japanese yen, which has surged to record levels after last week's earthquake and tsunami.

Are Investors Ignoring All the Good News?

With all the tragedy dominating the news these days, it's easy to be pessimistic. But the cold, hard facts about the economy actually paint a more optimistic picture.

Japan's Nuke Crisis Revives Call for Safer Reactors

As people in Japan's earthquake-tsunami disaster zone deal with the additional danger of radiation from damaged nuclear reactors, nations across the globe are taking the crisis as a sign that it's time to get more aggressive in their development of safer nuclear power plants.

Stocks Recover as Yen Retreats From Record Highs

A resilient performance by Japanese shares helped stocks in Europe and the U.S. Thursday, while the yen pulled back from a record high against the dollar amid expectations that finance chiefs from the world's industrialized nations will discuss how to ease the currency's rise.

Japan's Nikkei Pares Losses as Factories Reopen

Japan's markets got a slight reprieve today as the yen slipped a bit after hitting a record high yesterday. While the lower value helped exporters recover from severe losses earlier in the trading session, the country has a long way to go before confidence in its economy's resilience is restored.

Yes, Stocks Are Extremely Volatile. But Don't Panic!

Investors are running scared after the earthquake and tsunami that devastated parts of Japan and left it with an ongoing nuclear crisis. Pain for Japan could easily infect the global economy. But when there's gloom in the air, there's also opportunity to buy on the dip and gain from the rebound.

Toyota to Keep Japanese Plants Idle Into Next Week

The Japanese automaker has extended its halt on vehicle production at its plants in Japan through March 22, as the country continues to reel from the devastation of last week's massive 9.0 earthquake and ensuing tsunami.

As Nuclear Fears Mount, Some Zero In on Bio-Defense Sector

As Japan's nuclear crisis deepens, Wall Street may begin to focus on a small group of almost-ignored young biotechs. Known as the bio-defense group, these companies develop products that help protect the population from radiation leaks resulting from nuclear accidents or attacks.

Luxury Biz on Edge After Japan's Earthquake

The Japanese are the world's most voracious consumers of luxury goods, from Louis Vuitton handbags to Cartier jewelry to Hermes high fashion. So purveyors of those luxury goods are justifiably worried about the effect of the Japanese earthquake and tsunami on their bottom lines.

Earthquake's Effects Rattle Japan's Carmakers

Toyota, Nissan and Honda, among other companies, have shut down plants temporarily in Japan in the wake of Friday's earthquake and tsunami. While many of their factories were undamaged, crippled nuclear plants are causing power shortages, and there has been damage to parts makers and transportation infrastructure.

Nuclear Catastrophe Sinks Japanese Shares

Japanese shares are enduring a tsunami of their own as investors pull money out of a market that is becoming more and more unstable by the day. The Nikkei 225 Index plunged 10.6%. In Hong Kong the Hang Seng Index slid 2.9% and in China the Shanghai Composite Index fell 1.4%.

How Japan Quake May Affect U.S. Economy

It's still too early to measure how a devastating earthquake and tsunami in Japan will impact the U.S. economy. A few things, however, are all but certain.

Japanese Market Nosedives in Quake Aftermath

Japanese shares plummeted in the aftermath of what Prime Minister Naoto Kan describes as Japan's worst disaster since 1945. The Nikkei 225 Index plunged 6.2%. In Hong Kong the Hang Seng Index gained 0.4% and China's Shanghai Composite Index inched up 0.1%.

Asian Markets Plunge on 8.8 Earthquake in Japan

Japan suffered a massive 8.8 earthquake Friday, the strongest to occur in the past century, sending Asian stock markets tumbling. In Japan the Nikkei 225 Index spiraled down 1.7% and in Hong Kong the Hang Seng Index dropped 1.6%. China's Shanghai Composite Index lost 0.8%.