Crude prices rose in Asia today after the United States, Britain, France and Germany moved to apply more restrictions and sanctions on Iran over its controversial nuclear programme, analysts said. New York’s main contract, light sweet crude for delivery in November rose 31 cents to USD 92.24 a barrel and Brent North Sea crude for […]
Analysis: Five myths about America’s decline
By Ian Bremmer: Drawn-out wars, economic struggles, exploding debt — it’s easy to point to these signs and conclude that America is in an irreversible decline;
China halves Iranian crude imports in March
China halved its Iranian crude imports in March compared with a year earlier due to disputes over contract terms, its deepest cut so far this year as Western sanctions complicate Tehran’s oil exports. South Korea cut its imports by 40 percent in March from a year earlier,
Top executive in Asia-Pacific to quit JP Morgan
JP Morgan’s most senior banker in Asia-Pacific, Gaby Abdelnour, will quit this summer to pursue personal interests, according to a memo obtained by Reuters.
Japan nuclear plant rocked by another explosion
A hydrogen explosion Tuesday morning destroyed the outer building of a quake-damaged Unit 2 nuclear reactor at the Fukushima No. 1 power plant. Engineers had been struggling overnight to cool the nuclear core and stave off a meltdown that could release radioactivity over a wide area. It was the third reactor at the site whose […]
Strong tremor felt in Tokyo, report
A STRONG offshore earthquake has struck 150 kilometres northeast of Tokyo, shaking tall buildings in Japan’s capital, but authorities did not issue a tsunami alert.
Tokyo Shares Fall 5.2 % in first Opening Since Earthquake
Tokyo shares fell 5.2 percent on Monday in their first opening since Friday, when Japan was struck by the biggest earthquake in its history and a devastating tsunami.
Japan will face extraordinary health challenges after tsunami
After the surging ocean waters spawned by Japan’s magnitude 8.9 earthquake receded, the drowned were only the first victims to be counted.
Nuclear catastrophe averted in Japan, official
Fears of a nuclear meltdown in Japan have subsided after a reactor that was damaged in Friday’s devastating earthquake reportedly emerged intact from an explosion.
Nuclear catastrophe averted in Japan, official
Fears of a nuclear meltdown in Japan have subsided after a reactor that was damaged in Friday’s devastating earthquake reportedly emerged intact from an explosion.