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Japan Earthquake
Japan is one of the most seismically active nations in the world, located along the volatile Pacific Ring of Fire. With thousands of tremors recorded each year, including several major ones,
...Read more- Japan plane fire: 5 killed in coast guard aircraft | Plane bursts into flames at Haneda airport
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
- Risk of radiation is high near Fukushima plant: Japan PM
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.
- Market to be cautiously optimistic till Japan crisis melts
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.
- Japanese refineries shut shop. Are Asian refiners gaining?
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."
- Can Japanese economy rise from the ashes?
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.
- Nifty soars as crude dips, eyes RBI policy for more gains
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.
- Oil price starting to cause demand destruction: Ambit Cap
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.
- Experts interpret Japan disaster impact
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.
