Tsunami warnings were issued for Miyazaki Prefecture, where the temblor was centred, in the southwestern island of Kyushu, as well as nearby Kochi Prefecture, shortly after the quake struck at 9:19 pm local time, according to the agency.
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A Japan Airlines airplane carrying hundreds of people crashed into an earthquake rescue aircraft and caught fire as it touched down at Tokyo's Haneda airport, killing five people on Jan 2, 2024. Watch to know more
The quake hit Hokkaido island at 6:55 pm (0955 GMT). The Japan Meteorological Agency said there was no tsunami alert.
Japan news: A 7.4-magnitude earthquake hit off the coast of Fukushima prefecture on March 16, killing four people and injuring over a 100.
Toyota Motor Corp will return to unrestricted production in October, one month earlier than expected, as the last of the disrupted parts after the earthquake get restored, the Asahi newspaper reported on Wednesday, citing the company.
Pop superstar Lady Gaga, in Japan for a charity concert, on Thursday praised the country for its beauty and encouraged visitors, whose numbers have dropped in the wake of the earthquake, tsunami and nuclear crisis, to return.
The operator of Japan's stricken Fukushima nuclear power plant, said on Saturday it had suspended an operation to clean up radioactive water only hours after it had begun as radiation levels rose faster than expected.
Toyota Motor Corp forecast a larger-than-expected 35% fall in annual profit on Friday and warned the strong yen was making it difficult to justify keeping production in Japan.
Japanese officials said on Sunday they were committed to nuclear power after the prime minister called for a plant to close, but that the target of obtaining half of Japan's electricity from nuclear power by 2030 needed a rethink.
Booming smartphone demand and cost cuts kept cellphone venture Sony Ericsson in the black in the first quarter as it battled supply disruptions from Japan's earthquake and tsunami.
Cellphone venture Sony Ericsson is expected to shed light on the magnitude of the hit from Japan's earthquake on the cellphone industry when it unveils its January-March earnings on Tuesday.
A quake measuring 7.4 on the Richter scale rocks north-eastern Japan. Though there are no immediate risks to nuclear plants, but a tsunami warning has been issued for the coastal areas as a one-metre high tsunami is expected.
Japan has again been hit by another massive earthquake. Earthquake measuring 6 on Richter scale has hit north Japan. However, no damage has been reported yet.
The Japanese government plans to inject public funds into banks in areas ravaged by the March 11 earthquake and tsunami to make sure that businesses in the area can get credit to rebuild their operations, The Nikkei newspaper said in its Sunday edition.
Japan made some progress on Sunday in its race to avert disaster at a nuclear power plant leaking radiation after an earthquake and tsunami that are estimated to have killed more than 15,000 people in one prefecture alone.
The International Atomic Energy Agency (IAEA) has said that all units at the Fukushima Daini, Onagawa, and Tokai nuclear power plants are in a safe and stable condition. In fact, the IAEA remains concerned over the status of the Fukushima Daiichi nuclear power plant. CNBC-TV’18’s Sri Jegarajah reports the latest details from Tokyo.
Domestic market is dealing with a new challenge on the back of the Japan crisis. Japan’s benchmark index Nikkei has dropped almost 10%, creating tremendous pressure on its Asian peers. Meanwhile, concerns over crude have taken a backseat for a while as crude rates have slipped to almost 2%-3% per barrel.
Yingxi Yu, Commodity Analyst at Barclays who tracks the energy markets tells CNBC-TV18 that the shutting down of refineries in Japan is a positive for Asian refiners. She also finds that short-term risk aversion can lead to a further short-term correction in oil prices. "Brent crude seems to be well supported at USD 110 a barrel."
At a time when Tokyo is struggling to curb its huge debt, the earthquake, tsunami and now the nuclear meltdown is sure to hurt Japan's economy in a big way. Nouriel Roubini of Roubini Global Economics feels that given the amount of uncertainty, people fear the worse.
This may be Japanese prime minister Naoto Kan's last chance at redemption. Just days before the deadly calamity, Kan was on the verge of stepping down as PM. Takahide Kiuchi, economist at Nomura, spoke to CNBC-TV18's Menaka Doshi about the situation in Japan, the rebuilding process and the government in power.
Ruling out the impact of last week's losses, domestic market marked a significant recovery on the first day of the week. Crude oil prices dropped marginally as news of earthquake and tsunami in Japan created a pressure on crude rates.
The crisis in Japan coupled with uncertainty in crude oil prices may weigh heavy on the Indian market—that’s the word from Andrew Holland CEO-equities at Ambit Capital. He feels with oil prices being the key issue for India and investor sentiment being hit due to the tragic events in Japan, money might start moving back to emerging markets.
As Japan grapples with the worst disaster since World War II, majority of experts believe that this may not hamper the stock markets globally in a big way. However, Japan might take some time to stabilise and recover.
Indian equity benchmarks have seen more than 0.8% drop on Friday after an earthquake in Japan, weakened the sentiment further already affected by tensions of Middle East & North Africa.