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Fukushima Nuclear Power Plant

ASIA MARKETS: Asia Stocks Trade Mostly Higher As Japan Swings Up

Asian stock markets traded mostly higher Friday, with Japanese blue chips swinging to gains in the afternoon session.The rise for the major markets came as Hong Kong and Seoul were closed for holidays, curbing trading volumes in bourses that were open.Japan's Nikkei Stock Average closed 0.7% higher, undoing losses from the morning session and erasing Thursday's 0.4% retreat, which had followed a major jump of 2.3% on Wednesday.Losses for Wall Street overnight had helped dampen sentiment earlier in the day, as the S&P 500 (SPX) finished down 0.5% after a Federal Reserve official tipped a pullback in the central bank's easing programs could come as soon as this summer.But offsetting the U.S. loss were domestic data showing Japan's core machinery orders -- seen as a leading indicator of capital investment -- jumped 14.2% in March, well above forecasts.Real-estate shares were a strong spot for the Tokyo market, as some major names rebounded from recent losses. Among them, Mitsui Fudosan Co...

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  1. Japan Approves Plan to Split Utilities

    Japan is set to dramatically reform its domestic power industry by splitting nine regional utilities into generation, grid and retail companies, and eliminating all ...

  2. Experts Say Tepco Has Long Way to Go to Improve Safety

    Tokyo Electric Power Co. (9501.TO) said Friday it won't be restarting the one nuclear power plant it has any chance of running any time soon after an expert advisory...

  3. Analysis: Uranium miners press Canada to change Cold War rules

    WINNIPEG, Manitoba (Reuters) - Two of the world's biggest uranium miners, Rio Tinto PLC and Areva SA , are pressing Canada to change a Cold War era policy that curbs...

  4. Former Energy Sec. Bullish on Future of Nukes

    Former U.S. Energy Secretary Spencer Abraham weighs in on the future of nuclear energy.

  5. EU Opens Probe into German Electricity Charge Exemptions

    The European Commission launched an investigation to determine whether Germany is providing illegal state aid to energy-intensive companies through exemptions from e...

  6. U.S. NRC Members Feel Heat From Congress Over Safety Mandate

    The U.S. Nuclear Regulatory Commission faced pressure from Republicans and Democrats Thursday to soften a potentially expensive new mandate for aging nuclear power p...

  7. Court Rules RWE Can Sue for Damages Over Temporary Biblis Shutdown

    An administrative court in the German state of Hesse ruled Wednesday that utility company RWE AG (RWE.XE) can sue for damages over the temporary closure of two block...

  8. RWE Reaches Wage Deal With Labor Unions, No Details Before Monday

    German power and gas utility RWE AG (RWE.XE) and labor unions ver.di and IG BCE said Friday they have agreed on a new wage deal that should help avert the first full...

  9. Southern Co., U.S. Government 'Close' to Nuclear Loan Guarantee Deal

    Nuclear Energy Institute President Marvin Fertel said Thursday that the U.S. government is close to closing a loan guarantee deal with Southern Co. (SO) that would b...

  10. Japan's Tepco Turns to U.S.'s Cameron for LNG

    Tokyo Electric Power Co. (9501.TO) is nearing completion of a deal to import 800,000 tons of liquefied natural gas a year from the U.S. starting in 2017, a new sign ...

  11. German Court: Convinced Nuclear Tax Violates Constitution

    Germany's tax on nuclear fuel rods, introduced by the federal government in 2011 and fiercely opposed by the country's atomic power plant operators, violates the con...

  12. RWE Faces Strikes as Wage Talks Break Down, E.ON Strike Ballot Ongoing

    German power and gas utilities face the first full-scale strike action at home since the country opened up its energy market in 1998 after labor unions declared an i...

  1. Japan Stocks Retreat After Wall Street Weakness

    Japanese stocks extended their losses in early Friday action, with a weak overnight performance on the U.S. markets helping send the Nikkei Stock Average down 0.9% t...

  2. EDF Keeps 2013 Guidance as First-quarter Revenue Grows 12.1%

    Electricite de France SA (EDF.FR) Tuesday confirmed its full-year financial objectives as it posted a 12.1% increase in first-quarter revenue, mostly due to the last...

  3. French Nuclear Watchdog Lets EDF Keep Reactor Operational During Upgrade

    French power utility Electricite de France SA (EDF.FR) can keep operating the second nuclear reactor at Fessenheim power plant while it carries out additional securi...

  4. Japan, Russia to boost business ties, restart territorial talks

    Japan and Russia expect to clinch up to 20 deals, launch an investment fund and reopen talks on a territorial row that has kept them from signing a peace treaty form...

  5. Total Executives: Final Report on Elgin Incident Due Within Weeks

    A final report of the gas leak incident which forced oil and gas major Total SA (TOT, FP.FR) to evacuate its North Sea platform of Elgin last year is to be issued wi...

  6. Oil Futures Make Gains in Asia

    Crude-oil futures rebounded in Asian trade Monday as investors weighed weak U.S. economic data and other developments in the region.On the New York Mercantile Exchan...

  7. Mitsubishi Heavy Lands Turkey Nuclear Plant Deal

    Turkey has decided to hire a team led by Mitsubishi Heavy Industries Ltd. (7011.TO) and France's Areva to build a nuclear power plant at a cost of $22 billion, the N...

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