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Japan Hit By Two Major Earthquakes, Prompting Widespread Tsunami Warning
Thursday, August 8, 2024 - 4:55am | 360In a recent development, Japan was struck by two powerful earthquakes on Thursday, leading to a tsunami advisory being issued across several regions of the country. What Happened: A 6.9 magnitude earthquake was followed by a 7.1 tremor on Thursday. The United States Geological Survey (USGC)...
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Japan's Shaken By 5.9 Magnitude Earthquake, No Tsunami Warnings Issued
Sunday, June 2, 2024 - 8:42pm | 416Japan’s Ishikawa Prefecture was struck by a 5.9 magnitude earthquake early Monday, but authorities have not issued a tsunami warning, easing concerns for residents and officials. What Happened: NHK World-Japan reports that a 5.9 magnitude earthquake hit Ishikawa Prefecture on Monday morning,...
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TSMC Suspends Chip Production After Taiwan Rocked By Strongest Tremor In 25 Years
Tuesday, April 2, 2024 - 11:57pm | 737Taiwan experienced a strong 7.2 magnitude earthquake on Wednesday, marking the strongest tremor in 25 years. Following the quake, Taiwan Semiconductor Manufacturing Co (NYSE:TSM) evacuated its factory zones, posing a risk to production at the world's premier manufacturer of advanced chips. What...
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Australis Capital Announces Name Change And Several State Expansion In Latest Corp Update
Wednesday, June 23, 2021 - 3:31pm | 336Australis Capital Inc. (OTC: AUSAF) announced its latest corporate update on Tuesday, detailing branding shifts and continued expansion efforts. Name Change The update included a name change for the company's U.S. adult-use operations. Now operating as Audacious Brands, the company plans to...
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Deadly Earthquake Rattles Parts Of Mexico
Tuesday, June 23, 2020 - 2:30pm | 408At least one person died and another was injured in the southern Mexican state of Oaxaca after a strong earthquake struck south-central Mexico this morning, according to a Reuters report. Officials with Mexico's civil protection agency warned that they expect sea levels to rise up to 3.7 feet (113...
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World Too Preoccupied to Save Japan From Stronger Yen
Monday, June 20, 2011 - 3:54pm | 495The Japanese yen has been appreciating against the U.S. dollar in recent weeks. Although the yen has not yet reached the levels it hit in March following the tsunami, the yen is far removed from the lows it touched against the dollar after the group of seven decided to intervene in the currency...
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Yen Is Back As The Carry-Trade Currency
Wednesday, April 6, 2011 - 3:21am | 601After Japan's tsunami disaster, Yen surged on the assumption that Japanese companies and individuals will repatriate their overseas investments back home, causing high demand of Yen, thus warrant a strengthening in the currency. This happened even in the face of Bank of Japan expanding its...
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How to Trade the Japanese Radiation Scare (LDK, TSL, HSOL, FAN, PWND, GEX)
Thursday, March 24, 2011 - 9:56am | 521There are growing concerns both inside Japan and internationally regarding how the country's food and water supply have been affected by the ongoing troubles at the Fukushima Daiichi nuclear power plant that was severely damaged by the earthquake and tsunami that hit Japan earlier in the month and...
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G7 Can Do More For Yen
Wednesday, March 23, 2011 - 4:38am | 497One of the casualties of the Japan earthquake and tsunami was Yen, Japan's currency. Rather than tanking because of the extra liquidity Bank of Japan provided for the market, Yen surged against all other currencies instead. In this case, traders followed the same playbook for the 1995 Kobe quake...
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Japan Trading Theses
Wednesday, March 16, 2011 - 2:38pm | 796The large scale devastation and the loss of human lives caused by the tsunami are saddening, and we can only hope that the population unaccounted for after the event are merely those who lost communications, but are still alive. Our condolence goes to those who lost their loved ones and saw their...
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How To Trade Radiation Fears and Falling Asian Stocks (LDK, HSOL, TSL, TM, SNE, FXI, YXI)
Tuesday, March 15, 2011 - 7:51am | 608Stock markets across Asia fell on Tuesday, as the world's financial markets continued to react to the devastation from last week's earthquake and tsunami that hit Japan. As if the the initial damage caused by the earthquake, tsunami and fires wasn't enough, the Japanese government also has to deal...
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How To Trade On Japan's Reduced Oil Demand (TM, SNE, EZJ, EWV, UCO, SCO)
Tuesday, March 15, 2011 - 6:33am | 512The price of crude oil fell to near the $99 per barrel level on Tuesday in Asia, as lower demand from Japan and worries that the Japanese economy could be plunged into a deep recession offset concerns over the unrest that has spread throughout North Africa and the Middle East. The demand for crude...
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The Nuclear Tsunami - Uranium Short Opportunity
Monday, March 14, 2011 - 3:18pm | 298Originally posted by Johnny Stocks Sunday, March 13 - The massive 8.9 magnitude earthquake and tsunami that struck Japan on Friday dealt a severe blow to the nuclear industry in Japan. Four nuclear power plants have been shut down, and at least one reactor is at risk of a full blown meltdown....
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Tsunami Is Expected To Hit Hawai
Saturday, February 27, 2010 - 6:52pm | 87Tsunami waves could hit the Hawai coast today. At this moment the waves don't look threatening. Local authorities have evacuated all coastal zones, and necessary measures were taken to secure the coast and roads. Lot of people on Hawai are trying to find a position that is secure and elevated...