More bad news in Japan sparked profit taking today. Radioactive iodine has seeped into Tokyo’s drinking water and new reports show that the surrounding seawater is also radioactive, which could lead to a ban on seafood if it do…
Markets hate uncertainty more than bad news, which is one reason they’ve swooned recently. But technical analysis looks at the patterns deeper than the daily news, and charts suggest a real bear ahead.
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Both a major buyer and processor of fish, Japan is an important link in the global seafood distribution chain. So the effects of the disaster — including the ruined ports, roads, fisheries and processing centers — have taken …
Not everyone is focusing on the down side of Japan’s triple disaster — tsunami, earthquake and nuclear catastrophe. Warren Buffett, for one, has faith in Japan’s economic prospects. The Nikkei surged as investors searched for …
Toyota Motor (TM) reportedly won’t resume vehicle production at any of its plants in Japan on Tuesday, as the automaker had planned. The continued stoppage leaves in question just how soon the world’s largest automaker will be able to resume operations…