Japan nuclear tragedy reaches highest level.

Tuesday, 12 April 2011 10:24

Japan’s nuclear disaster is looking in the level of danger close to the disaster in Chernobyl some 25 years ago, one of the world’s worse nuclear disasters. Danger has sparked to level 7, meaning that it’s hazzardous to the enviroment and health. Since Tokyo afternoon yesterday, 11/04, Japan has been struck by several earthquakes yet again..

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Australian shares hit a 12-month high on Monday

Monday, 11 April 2011 03:07

Australian shares hit a 12-month high on Monday due to a strong rally in BHP Billiton after it denied speculation it was considering a takeover of Woodside Petroleum which is Australia’s largest oil and gas company.

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11-month high for Euro

Monday, 11 April 2011 11:51

One of the strongest currencies prior to the natural disaster seems to be falling quietly after the G7 intervention almost a month ago. G7 meeting managed to sustain its main goal of containing the currency’s rise, as the yen fell lower against the Aussie currency forex trading.

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Japan looking to allocate more than 1 trillion yen for reconstruction

Thursday, 7 April 2011 11:06

Overnight reports from the Nikkei indicate that the government and ruling Democratic Party of Japan are looking to allocate more than 1 trillion yen for infrastructure-related reconstruction

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Japanese currency falls, while Euro appreciates

Wednesday, 6 April 2011 12:16

After the earthquake, tsunami and G7 meeting on the ‘Yen problem’ about a month ago the Japanese currency is continueously declining heavily hitting lows against all major currencies. JPY hit an 11-month low against EUR trading at 121.91 EUR/JPY, and is still falling persistently – currently trading at EUR/JPY 121.28..

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