Chart of Japanese Tsunamis

Date:	Location:	Fatalities:
Aug-10-1901	Japan (Sanriku)	18
Jul-07-1905	Japan (Fukushima)	41
Jan-12-1914	Japan (Seikaido)	35
Sep-01-1923	Japan (Tokaido)	2,144
Mar-07-1927	Japan (South-West Honshu)	325
Mar-02-1933	Japan (Sanriku)	3,000
May-29-1938	Japan (Hokkaido)	1
Aug-02-1940	Japan (Hokkaido)	7
Nov-18-1941	Japan (Seikado)	2
Dec-21-1946	Japan (Nankaido)	1,997
Mar-04-1952	Japan (Southeast Hokkaido)	33
May 16-1968	Japan Trench	52
May-26-1983	Japan (Noshro)	103
Jul-12-1993	Japan	120

US widens tsunami warning to most of Pacific

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WASHINGTON: The US tsunami monitoring center on Friday widened a warning to virtually the entire Pacific coast, including Australia and South America, after a massive earthquake in Japan.

The Pacific Tsunami Warning Center expanded a previous alert to include the US state of Hawaii, Australia, New Zealand, and the entire coast of Central and South America. ( Read: Taiwan on tsunami alert after Japan quake )

The center had earlier said the tsunami would hit Hawaii at around 2:45 am (1245 GMT) and the US West Coast at 7:45 am (1545 GMT).

Destruction caused by tsunami in Japan some Pics

Commodity prices: could be Under pressure

Shares and commodity prices tripped reacting to the massive earthquake of 8.9 magnitude on the Richter scale. An immediate reaction from traders indicated that commodity prices could continue to fall going forward.

The earthquake powerful earthquake hit 400km from Tokyo at the 20 miles in the Pacific Ocean at 1446 local time (0546 GMT).

Nymex crude prices fell 1.4% to USD 101.26 per barrel while Brent Crude prices dipped 1.4% to USD 113.83 at 1 pm.

BSE Sensex in India fell 1.3% to 18094.19 and Nifty fell 1.3% to 5420. According to a fund manager at a global investment management company, the crisis could trigger sentimental selloff across the region for some time. “Commodity prices could fall and there could be a flight to safety to safe assets,” the fund manager said.

Gold prices were already firm in the afternoon trade. MCX Gold prices traded at Rs 20,954 up Rs 116.

JAPAN Earthquake

A massive 8.9 magnitude quake hit the northeast coast of Japan on Friday, shaking buildings in the capital Tokyo, causing many injuries, at least one fire and triggering a 10-metre (32.81 feet) tsunami.

Nikkei average closed down 1.7% at 10,254.43 points after the earthquake struck. India Tsunami Centre says there are no local alerts yet in wake of Japanese quake.

Meanwhile, Bank of Japan (BoJ) has assured that it will do whatever is required to ensure the financial market stability. It has vowed to supply adequate liquidity to the markets.

BoJ also informed that interbank system has been unaffected by quake. The central bank has set up disaster control team, headed by governor Shirakawa.