A tsunami warning has been issued for the central and northern coasts of California and Oregon, the National Weather Service said.
LONDON, March 11 - Eight catastrophe bond transactions totaling over a $1 billion could leave financial investors exposed to insured losses after a huge earthquake struck the northeast coast of Japan on Friday, triggering a 10-meter high tsunami.
The British government has offered Japan any assistance it may need after the massive earthquake and tsunami that smashed into the country, according to UK foreign secretary, William Hague.
Stocks were poised for a lower open on Friday after a massive earthquake hit Japan and accelerating inflation in China unnerved investors.
Japan will invariably have to turn to a massive stimulus program to reconstruct the quake and tsunami-hit regions and this will inflate the country's fiscal deficit at a time when Tokyo is struggling to put a lid on deficit, Nouriel Roubini said on Friday.
U.S. stock index futures fell on Friday after a massive earthquake hit Japan and accelerating inflation in China rattled investors.
Oil slid by more than $3 on Friday, with U.S. crude falling below $100, after an earthquake rocked Japan, creating a 10-meter tsunami and shutting down dozens of plants in the world's third-largest oil consumer.
The 8.9 magnitude quake that hit northeast Japan on Friday, has snarled air travel as flights are being canceled and delayed while some major airports of the country have been shut.
Global stocks fell to their lowest in nearly six weeks on Friday and government bonds rose as a huge earthquake in Japan and expectations Portugal will have to seek financial aid prompted a sell-off in risky assets.
Four nuclear power plants closest to Friday's powerful 8.9-magnitude earthquake that struck off Japan's northeastern coast have been safely shut down, the International Atomic Energy Agency (IAEA) said.
Brent crude futures fell below $113 on Friday as a massive earthquake rocked Japan, creating a 10-meter tsunami and shutting down dozens of plants in the world's third-largest oil consumer.
The death toll from the massive quake that hit northeast Japan on Friday, causing many injuries, fires and a four-metre (13-ft) tsunami along the country's Pacific coast, has reached 26, local media reported.
Asian shares dropped after a massive earthquake hit Japan, violently shaking the capital Tokyo, darkening an already bleak mood caused by weak economic data and unrest in Saudi Arabia.
A powerful 8.9-magnitude earthquake has struck off Japan's northeastern coast Friday, triggering a tsunami as high as 10 metres, leaving at least five people killed and several injured, early reports said.
The Internet has been abuzz with rumors, prophecies and popular consternation over natural catastrophes and extreme weather that the 'Supermoon' phenomenon on March 19 could bring about.
Tsunami warnings have been issued in most of the 'Pacific Ring of Fire' countries on Friday after a powerful earthquake jolted Japan's Fukushima prefecture.
Asian shares dropped after a massive earthquake hit Japan, including the capital Tokyo, darkening an already bleak mood caused by weak economic data and unrest in Saudi Arabia.
New Zealand's earthquake-shattered city of Christchurch prepared to bury the first victim on Monday of last week's devastating tremor that
killed at least 148 people as aftershocks forced the evacuation of scores of people in hillside suburbs.
Violent aftershocks hampered desperate efforts to find survivors in the quake-ruined New Zealand city of Christchurch on Saturday as the death toll climbed to 123 and was set to rise further.
A silicon Valley startup has developed a way to give at least a few extra seconds warning.
Hundreds of foreign rescuers will join exhausted New Zealand teams Thursday in an increasingly desperate search of quake-shattered buildings in central Christchurch as time runs out to find survivors buried under rubble.
New Zealand rescue teams worked under search lights early Wednesday to find scores of people trapped under collapsed buildings after an earthquake struck the country's second-biggest city of Christchurch, killing at least 65 people.