Japan earthquake

The largest earthquake in Japan since records push north east coast today, causing a tsunami 10 meters, which flooded everything in its path.
Here are 10 facts strong earthquakes recorded since 1900, by order of size.
An earthquake with a magnitude of 9.5 Santiago and Concepción, triggering tidal waves and volcanic eruptions - May 22, 1960 - Chile. And killed about 5000 people and displaced two million people.
Killed earthquake and tsunami that followed 125 people and caused about $ 310,000,000 ($ 414,290,000) in the loss of property - March 28, 1964 - Alaska. Size 9.2 earthquake hit a large area of ​​Alaska and parts of western Yukon territory and British Columbia in Canada.
December 26, 2004 - Indonesia - Earthquake measuring 9.1 struck off the coast of Aceh province on Sumatra island of Indonesia, the tsunami killed more than 226,000 people in Sri Lanka, Thailand, Indonesia, India and nine other countries.
November 4, 1952 - Russia - was born earthquake was magnitude 9.0 earthquake and tsunami reached the Hawaiian Islands.
No lives were lost.
March 11, 2011 - An earthquake measuring 8.9 Japan, causing many casualties. Q. U.S. Geological review of the quake is located at a depth of 15.1 kilometers and 81 kilometers east of Sendai, the main island of Honshu.
- Philippines, Taiwan and Indonesia all issued tsunami alerts, memories of young massive tsunami that hit Asia in 2004. Warning Center issued a tsunami warnings to Pacific countries as far away as Columbia and Peru.
A magnitude of 8.8 and subsequent tsunami in Chile more than 500 people and caused about $ 30 billion in damage, and destroyed hundreds of thousands of homes, roads and bridges and to change the name - February 27, 2010 - Chile.
January 31, 1906 - Ecuador - An earthquake magnitude-8.8 coast of Ecuador and Colombia, a tsunami that killed up to 1000 people. He felt along the coast of Central America, north of San Francisco and west to Japan.
February 4, 1965 - Alaska - Born earthquake was magnitude 8.7 earthquake tsunami is reported to be about 35 feet (10.7 meters) on the island of Shemya.
March 28, 2005 - The estimated 8.7-magnitude earthquake off Sumatra killed 1300 people, including many on the island of Nias off the west coast of the island of Sumatra.
An earthquake with a magnitude of 8.6 Islands Andreanof - 9 March 1957 - Alaska. On the island of Umnak, Mount Vsevidof exploded after lying dormant for 200 years, a tsunami 50 feet (15 feet) that continued to Hawaii.
August 15, 1950 - Tibet / India - Two thousand homes, temples and mosques were destroyed in an earthquake measuring 8.6 degrees. Was most striking in the basin of the Brahmaputra River in northeastern India. At least 1500 people.

Japan Tokyo Earth Quake

The following are comments by investors and analysts following today’s earthquake in Japan. An 8.9-magnitude earthquake struck the coast of Japan, causing a tsunami as high as 10 meters that inundated towns north of Tokyo.

Tomomi Yamashita, an analyst at Shinkin Asset Management Co., which oversees about $6 billion:

“It would be a concern if this acts as a reminder to foreign investors about the natural-disaster risks in Japan. People may move away from risk assets and fly to bonds in the short term.

“This doesn’t mean Japan’s economy itself will break down. With earthquakes, things go back to normal after a few months. So investors’ risk aversion will probably only last for a short while.

“Not only the market, but as human beings, we have to realize that this kind of danger is something we may come across at one point.”

Venkatraman Anantha-Nageswaran, global chief investment officer at Bank Julius Baer & Co. in Singapore, which had 170 billion Swiss francs ($182 billion) in of assets under management as of end 2010:

On the impact on Japan’s market:

“It comes at the wrong time for Japan because it’s kind of in a fragile recovery that partly depends on the global environment. They’ve had some political changes and corruption allegations, and now this. Even the tactical bullish stance that many investors have adapted on Japan may undergo a revision. People may once again believe that this is a false dawn, one more time.”
On changes in investment stance:

“Right now, it may only go towards increasing the cash level because most of the people have extremely low cash levels in general globally. I don’t think the rest of Asia ex-Japan looks interesting right now.

“I don’t think the shift will happen between markets, but the shift will happen for the time being into more cash. Julius Baer has not taken any position based on this news at the moment.”

Tsuyoshi Segawa, a strategist at Mizuho Securities Co. in Tokyo:

An earthquake in Kobe in Japan in 1995, which measured 6.9 according to the USGS, killed about 6,400 people.

“The 1995 earthquake didn’t cause direct damage to Japan’s economy, and that will likely be the case this time as well.

“People bought earthquake-related stocks in past earthquakes, but that kind of fishing in troubled waters won’t last that long.”