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29 Mar 201125 Mar 201124 Mar 201117 Mar 201115 Mar 201114 Mar 2011
Japan's unemployment rate fell to a two-year low in February 2011, government data showed. But economists said the rate may rise in the coming months as the devastating earthquake and subsequent power shortages could keep companies from boosting staff.
Wall Street Journal
The death toll from Japan's 11 March earthquake and tsunami has passed 10,000, police say. More than 17,440 people are listed as missing, and 2,775 as injured.
BBC News
Provisional estimates released by the World Bank put the economic damage resulting from the disaster at as much as US$235 billion, around 4% of GDP. That figure would make this disaster the costliest since comparable records began in 1965.
Economist
The effects of the earthquake and tsunami have thrown a shadow over Japan's exports. Exports rose 9% in February 2011 from a year earlier, but those figures don't reflect the impact from the earthquake which hit on March 11.
BBC News
Renesas Electronics has resumed operations at the factory sites in Aomori and Yamagata prefectures, northern Japan. The facilities were shut down following a massive earthquake and resulting tsunami on March 11.
Company release
Micron Technology is trying to secure its supply of crucial silicon wafers following Japan's devastating earthquake and said it was too soon to gauge the disaster's impact on its business.
Reuters
Analysts at Barclays and UBS had speculated that shutdowns at Mitsubishi Gas would deprive some chipmakers of a chemical resin used to package their products, causing supply disruptions.
Bloomberg
Toshiba said it will cooperate with Tokyo Electric Power Company's (TEPCO) request to cut electricity consumption by operating only those of its businesses related to provision of essential services required for social and economic activities.
Company release
The amount of loss and effects on profits as a result of the earthquake are currently unknown. Fujitsu will promptly make an announcement should these effects be significant.
Company release
Renesas Electronics has confirmed that seven out of 22 of its factories in Japan has temporarily shut down production. Among these factories, Renesas Yamagata Semiconductor Tsuruoka Factory is currently beginning its startup procedures to restart its manufacturing.
Company release
AP (via Google)
Sony has announced that, following the devastating earthquake and tsunami that struck the northern region of Japan on March 11, Sony and its group companies will donate JPY300 million (US$3.66 million) to help relief and recovery efforts in communities affected.
Company release
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