Japan: the morning snapshot March 23rd

Wed 2011/03/23 08:50 JST
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Richard Smart

NEWS

Aftershocks continued to rock Japan after the earthquake, while evidence of radioactivity spread.

The situation for victims of the earthquake in the north of the country continues to be critical.

The body of Taylor Anderson, an American teaching in Miyagi Prefecture, was discovered.

Around ¥40 million was stolen from a bank in Miyagi Prefecture in the aftermath of Japan earthquake on March 11.

BUSINESS

Business travel to Japan has declined by a significant margin in the aftermath of the earthquake.

Insurance payments after the earthquake could cost more than ¥1 trillion, according to Kyodo News.

A merger between the Tokyo Stock Exchange and the Osaka Securities Exchange Co. has been put on hold.

The Nikkei stock average shot up by 4.4 percent as foreign investors looked to cash in on the earthquake.

FOREIGN EXCHANGE

The dollar traded at around 81 yen amid global actions to stabilize the Japanese currency.

BLOGS

The Foreign Salaryman gives his take on the lack of French in Tokyo at the moment.

GOSSIP

The likes of Justin Bieber and U2 have signed up to record songs for a Japan charity album.



Author
 
Richard Smart in Japan (Registered on 2011/03/15)
Journalist
I'm a Japan based freelance writer, industry website correspondent and analyst. With every other waking minute, I work as the editor of this site. Drop me a line on Twitter with story ideas, comments, tips or just to say hello.
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