EARTHQUAKE

One kilogram gold bars are seen in this picture illustration

Gold Likely to Hit New Highs This Year

The continuing sovereign debt crisis in the eurozone and S&P?s downgrade of the U.S. credit rating have increased the safe haven demand for gold and the prices have reached new highs. But investors remain skeptical whether there could be further rally in the price.

Alaska Volcano May Disrupt U.S.-Asia Flights

Mt. Cleveland, Alaska
Several thermal anomalies were observed in satellite views of Alaska's Cleveland volcano over the past 24 hours, but the Alaska Volcano Observatory said Sunday it had received no additional information or observations about activity.

Japan on Cusp of Recovery after Q2, but Yen Clouds Outlook

100 dollar bank notes and 10,000 yen notes.
Japan's economy shrank much less than expected in the second quarter as companies made strides in restoring output after the devastating earthquake in March, but a soaring yen and slowing global growth cloud the prospects for a sustained recovery.
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Japan Earthquake Shook Earth's Upper Atmosphere

The magnitute 9 Tohoku Earthquake, which released a giant tsunami on Japan's coastal land, rattled the ionosphere, and almost reached out to space. The ionosphere is one of the highest layers of the atmosphere, and ripples were created in electrically charged particles created nearly 220 miles above Earth.
Earthquake Strikes Northeast Japan

Japan Earthquake Generated Waves in Higher Atmosphere

The Tohoku quake off of coastal Japan that spawned a tsunami and wreaked havoc on land also triggered waves all the way up to the ionosphere, one of the highest layers of the atmosphere, creating ripples in electrically charged particles nearly 220 miles above Earth.
 Haiti

U.S. Updates Haiti Travel Warning

The U.S. issued a softer travel warning for citizens traveling to or visiting Haiti, but still urges Americans to 'carefully consider' traveling to the country.
Cleveland Volcano

Cleveland Volcano Erupts in Alaska: Latest Photos

The Cleveland volcano, located in the Alaskan island of Chuginadak, has been erupting without posing threat to life in the surrounding area. According to an AP report the volcano is undergoing slow eruption with no accompanying explosion and doesn't generate ash clouds.
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Japan Tsunami Calved Antarctic Ice Shelf; Manhattan-sized Iceberg Broke off

An Antarctic ice shelf that had remained unshuffled for 46 years was broken by the Japanese tsunami in March, scientists have discovered. The Sulzberger Ice Shelf in the Antarctic registered the impact of the Japanese tsunami in 18 hours, when a huge iceberg began disintegrating and floating off to the Ross Sea.
Japan Tsunami caused Antarctic Iceberg Calving almost the Size of Manhattan (PHOTOS+VIDEO)

Japan Tsunami Slices Off Manhattan-size Icebergs in Antarctica

A powerful tsunami in Japan back in March sent waves more than 8,000 miles away that sliced off icebergs in Antarctica twice the surface area of Manhattan, NASA scientists say. Details of the finding, the first observation of its kind, can be found in an article published in the Journal of Glaciology.
Japan Tsunami caused Antarctic Iceberg Calving almost the Size of Manhattan (PHOTOS+VIDEO)

Japan Tsunami Broke Off Antarctica Icebergs Twice the Size of Manhattan [VIDEO]

The Tsunami generated by the powerful earthquake that shook Japan on March 11 sent waves an entire hemisphere away that sliced off about 50 square miles of icebergs in Antarctica that were twice the surface area of Manhattan, NASA scientists say. Kelly Brunt, a cryosphere specialist at Goddard Space Flight Center, and her colleagues were able to link the calving of icebergs from the Sulzberger Ice Shelf in Antarctica following tsunami that sent waves 8,100 miles away.
Sulzberger Ice Shelf

Japan's Tsunami Caused Huge Iceberg to Break Off of Antarctica

Scientists have long suspected icebergs to have a link with earthquakes. Just 18 hours after the tsunami, a foot-high wave struck the ice shelf in Antarctica and broke off giant pieces. The Sulzberger ice shelf is a sheet of ice 260 feet thick, and extends towards New Zealand.
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Nikkei slides over 2 pct on US downgrade, Asian markets

Japan's Nikkei stock average slid more than 2 percent on Monday as weak sentiment following Standard & Poor's downgrade of the United States' credit rating was exacerbated by futures selling after Asian markets tumbled.
Hiroaki Nakanishi, president of Japanese electronics company Hitachi, attends a news conference in Tokyo

Analysis: Japan may lose out as Hitachi-Mitsubishi talks stall

The crumbling of mega-merger talks between Japanese industrial behemoths Hitachi (6501.T) and Mitsubishi Heavy Industries (7011.T) threatens a rare opportunity for Japan to improve its global competitiveness by consolidating century-old companies.
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Guidewire hires underwriters for IPO: sources

Guidewire Software Inc, which sells software to the insurance industry, is gearing up to go public and has selected JPMorgan Chase & Co (JPM.N) and Deutsche Bank (DBKGn.DE) to underwrite the deal, people close to the matter said.
A Canadian five-dollar bill is seen in a posed photograph in Montreal.

Will Canada Intervene To Stem CAD Strength?

Following Japanese and Swiss authorities? intervention in the currency markets to weaken the sharp appreciation in their domestic currencies, now the market focus turns to Canada, where the Bank of Canada (BoC) expressed concerns over the persistent strength of Canadian dollar (CAD).

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