15 Mar '11, 4am

The quake will cost Japan S$228 billion

TOKYO - Quake-hit Japan faces a recovery and reconstruction bill of at least US$180 billion (S$228 bil-lion), or 3 per cent of its annual economic output, or more than 50 per cent higher than the total cost of 1995's earthquake in Kobe. Even though some extreme projections of the longer-term costs project figures closer to US$1 trillion over several years, standard tallies akin to those used after the Kobe quake hover around this level. The world's third-largest economy, already saddled with public debt double the size of its US$5-trillion output, must rebuild its infrastructure - from roads and rail to power and ports - on a scale not seen since World War Two. Moody's Investors Service warned yesterday that the huge financing needs Japan faces may erode investor confidence in the country's ability to repay its debts, forcing up borrowing costs. "The earthquake may have sh...

Full article: http://www.todayonline.com/Business/EDC110315-0000679/S$2...

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channelnewsasia.com - Japan Quake

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channelnewsasia.com 17 Mar '11, 11am

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The March 11 quake & tsunami could cost Japan's economy up to $298.1 billion, the World Bank said

The March 11 quake & tsunami could cost Japan's...

straitstimes.com 21 Mar '11, 2am

A man walks through tsunami damage in Natori, Miyagi prefecture. The World Bank says the massive quake and tsunami could c...

Quake, tsunami could cost Japan US$235b: World ...

channelnewsasia.com 21 Mar '11, 3am

SINGAPORE: The deadly earthquake and tsunami that hit northern Japan on March 11 could cost its economy up to $235 billion...

S. Korea to support Japan's energy needs after ...

sg.news.yahoo.com 15 Mar '11, 1pm

SEOUL/SINGAPORE (Reuters) - South Korea , the world's fifth-largest crude oil importer, has held internal discussions on w...

#Japan quake: AFP live report

sg.news.yahoo.com 16 Mar '11, 4am

0442 GMT: The credit quality of Japanese firms may suffer if the country struggles to recover from the impact of last week...

The total cost of the Japan disasters is expected to reach nearly $400 billion, the Japan govt estimates

The total cost of the Japan disasters is expect...

straitstimes.com 23 Mar '11, 2am

A worker looks at blueprints of a building to check its safety in central Tokyo. -- PHOTO: REUTERS TOKYO - THE economic ne...

Japan PM says country will 'recover and rebuild'

Japan PM says country will 'recover and rebuild'

channelnewsasia.com 18 Mar '11, 1pm

OSAKA: Prime Minister Naoto Kan on Friday vowed the nation would overcome its biggest postwar crisis and "once more rebuil...

Japan growth threatened by quake, say analysts

Japan growth threatened by quake, say analysts

channelnewsasia.com 12 Mar '11, 6pm

TOKYO : Last week Prime Minister Naoto Kan was in a precarious position as his approval ratings tumbled, his foreign minis...

Japan earthquake damage up to US$34 billion: US...

channelnewsasia.com 13 Mar '11, 2pm

WASHINGTON : The massive earthquake that struck Japan will exact a massive economic toll estimated at between US$14.5 bill...

The New Zealand earthquake will cost the country up to NZ$15 billion and knock GDP growth down by 1.5 percentage points

The New Zealand earthquake will cost the countr...

straitstimes.com 06 Mar '11, 8am

The earthquake will cost the country up to NZ$15 billion (S$14 billion) and knock gross domestic product growth down by 1....

Singapore, how will you react? - Yahoo!

Singapore, how will you react? - Yahoo!

sg.news.yahoo.com 16 Mar '11, 8am

A man comforts a woman as she cries in front of her damaged home in the Miyagi prefecture. (Jiji Press/AFP/Getty … COMMENT...

Celebrities and media blasted US radio host Glenn Beck for calling monster quake that rocked Japan a 'message from God'

Celebrities and media blasted US radio host Gle...

straitstimes.com 16 Mar '11, 12am

US celebrities and media on Tuesday blasted right-wing radio host and television presenter Glenn Beck for calling the mons...

Japan in survival mode after quake

Japan in survival mode after quake

channelnewsasia.com 14 Mar '11, 8am

TOKYO - Millions of Japanese people were without food, water or power Monday and hundreds of thousands more homeless after...

Mosques to hold collection drive for Japan quake victims

Mosques to hold collection drive for Japan quak...

channelnewsasia.com 16 Mar '11, 12pm

SINGAPORE : Mosques in Singapore will be carrying out a collection drive in aid of the victims of the deadly earthquake an...

The Japan earthquake and tsunami are estimated to have cost tens of billions of dollars in structural damage

The Japan earthquake and tsunami are estimated ...

straitstimes.com 12 Mar '11, 1am

He said the earthquake, which also spawned a massive tsunami that hit Japan before racing across the Pacific Ocean to Hawa...