EARTHQUAKE

Japan GDP Contraction Eases; Current Account In The Red

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Japan's economy shrank less than initially estimated in the fourth quarter as companies ramped up capital expenditure, but the current account swung to a record deficit in January as a shift away from nuclear power pushes up fossil fuel imports.
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Moderate Earthquake Jolts New Delhi and North India, No Casualties Reported

A 4.9 magnitude earthquake jolted the Indian capital Delhi and the nearby towns on Monday afternoon 1.11 pm (07:41GMT) local time.The tremors felt for more than 10 seconds had its epicenter in Bahadurgarh, a town that borders New Delhi and state of Haryana, according to the Indian Meteorological Department (MeT).
Earthquake

Quake Rocks North India, No Casualties Reported

A moderate earthquake felt across north India rocked buildings and sent office workers running into the streets in New Delhi at lunchtime on Monday, but there were no immediate reports of damage.
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Nikkei Likely to Test 9,800

Japan's Nikkei share average is expected to test 9,800 for a fourth straight session on Monday as yen weakness against the dollar is likely to boost risk appetite, although some market players say technical indicators point to a correction.
A rescue worker looking through the rubble of the Cathedral of Blessed Sacrament in Christchurch.

Christchurch Cathedral To Be Demolished

Bishop Victoria Matthews announced that the 131-year-old Anglican cathedral, a landmark in Christchurch, New Zealand, will be demolished and make room for a new cathedral.

Toyota's China Sales Rise Sharply in February

Toyota's February sales in China, where the auto maker aims to double business by 2015, went up 51.3 percent. Toyota is seeking to push its Chinese sales past 1 million units this year.
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CERN to Tap New Europe Cloud Computing Project

Three key research centers and a consortium of Internet companies said on Thursday they would work together on a European cloud computing platform to handle the continent's rapidly growing demand for computer capacity.
Japan Coast Guard members try to rescue a dog believed to have survived the massive tsunami of March 11 and also three weeks at sea, off Kesennuma

Tsunami Debris to Hit American Shores This Year

When a 9.0 magnitude earthquake hit Japan last year, it caused a massive tsunami killing nearly 16,000 people. The tsunami that dragged personal items from Japanese citizens, including televisions, dressers, refrigerators, out to sea, could wind up on the shores of Hawaii this year.
Workers assemble a pre-production 2013 Dodge Dart during a tour of the Chrysler Belvidere Assembly plant in Belvidere

New Car Sales To Soar in Feb: 14 Million Mark Looks Likely

Automakers will report nearly 1.09 million new cars in February on Thursday, according to two industry forecasts, continuing the ongoing revival of the industry as sales jumped nearly 6 percent from February 2011 and an eye-popping 20 percent from January. That would equal a seasonally adjusted annual rate (SAAR) above 14 million units -- the highest level since early 2008.
Japan Tsunami Recovery: Pictures of Then and Now

Japan Tsunami: Then and Now (PHOTOS)

The 2011 Tohoku earthquake that struck the coast of Japan, which triggered a tsunami and caused a widespread death and destruction, is regarded as one of the most powerful earthquakes in the history of the world.
Shown is a general view of the dam at Russia's largest hydroelectric plant Sayano-Shushenskaya, about 160 miles (258 kilometers) northwest of the Siberian city of Kyzyl last Oct. 12.

Earthquakes Rock Russia and Taiwan: No Tsunami Warning Issued

There's a whole lot of shaking going on in the Asia-Pacific region Sunday, as an absolutely strong magnitude-6.7 earthquake hit southwestern Siberia in Russia and a relatively strong magnitude-5.9 quake struck southern Taiwan, according to the U.S. Geological Survey.
Japan's first trade deficit since 1980 raises debt doubts

Japan Trade Deficit Up on Aftershocks from Earthquake

Japan reported a record-high balance of trade deficit in January as last year's tsunami combined with floods in Thailand, the Eurozone's sovereign debt crisis, a slowing Chinese market and a soaring yen to leave the world's third-largest economy with its first trade deficit since the last century.

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