The yen has hit its highest level against the U.S. dollar since World War Two as Japanese insurance companies sell off foreign investments to cover impending insurance claims.
Nearly one week after Japan was rocked by a disastrous 8.9 magnitude earthquake and tsunami, a large scale clean up effort is underway in the northern part of the country.
Tokyo residents are adjusting to power and supply shortages in the city — but one investment banker says people haven't panicked over the Fukushima Dai-ichi nuclear plant disaster.
Since nuclear reactors were first rolled out in the 1960s, critics have questioned the safety of General Electric's Mark 1 boiling-water reactors. And in the wake of the earthquake in Japan, GE may face global pullback from nuclear technology.
As the nuclear situation intensifies at Japan's Fukushima Dai-ichi plant, many companies face tough decisions around relocating employees and business abroad.
A whale did not get flung out of the sea by heavy waves and smash into a building. If you see a link to a video of that, don't click on it. It's a scam — one of several circulating after the events in Japan.