Japan Stocks Gain as Yen, Nasdaq Boost Exporters And Tech Shares

Japanese stocks rose on Tuesday, with exporters lifted by the yen’s weakening against the dollar and technology shares taking heart from gains in their American peers.

The Nikkei share average was 0.91 percent higher at 22,575.43. The broader Topix added 0.4 percent to 1,694.41.

During morning trade the index briefly touched 22,614.87, its highest since Sept. 5.

The yen slipped against the dollar for the third day, lifting exporters.

Toyota Motor Corp rose 1.8 percent, Panasonic gained 0.9 percent and Tokyo Electron was up 1.6 percent. Bridgestone Corp added 0.5 percent.

Source : Reuters

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Sumber : bpfnews.com

Death Toll From Japan Quake Doubles to 16, PM Says

The death toll from a powerful earthquake that rattled the northern Japanese island of Hokkaido doubled to at least 16, Prime Minister Shinzo Abe said

Friday, with more than half the island’s 5.3 million residents still without power.

The 6.7 magnitude quake, which hit before dawn Thursday, triggered landslides that buried houses and paralyzed Hokkaido with widespread power and transport cuts.

The death toll had been at eight overnight, but broadcaster NHK cited Abe in reporting the new total soon after he held an emergency meeting early Friday.

Another 26 people were missing, disaster management authorities said.

The island, a tourist destination about the size of Austria known for its mountains, lakes and seafood, lost all power after the quake when Hokkaido Electric Power Co. shut its fossil fuel-fired power plants as a precaution.

The utility had restored power to about 1.31 million of 2.95 million customers by early Friday, the Ministry of Economy, Trade and Industry said. It could take at least a week to restore power fully, Industry Minister Hiroshige Seko has said.

The quake was the second disaster to hit Japan this week, after a summer during which the country has been battered by deadly typhoons, flooding and a record heat wave.

Source : VOA

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The Strongest Earthquake of Hokkaido Island, North Japan

A 6.6-magnitude earthquake struck the northern island of Hokkaido on Thursday morning, the US Geological Survey said, but there was no tsunami warning.

The relatively shallow epicenter was 62 kilometers southeast of the capital city of Sapporo.

A 5.3-magnitude aftershock shook the area moments later.

The Japan Meteorological Agency said there might be a slight change in sea level in the coastal area due to the earthquake but added that there was no damage expected.

The national broadcaster NHK also said there were no reports of the initial damage, but the electricity outages in several homes.

TV footage showed several people leaving their homes after the earthquake struck around 3 am local time.

Source : VOA

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