Thursday, March 17, 2011

WoW Gold Cheap reactor continues to generate bad news

Buy World of Warcraft GoldThe Associated Press reported Japanese officials denied the water that had happened and said the reactor, known as Unit 4, has remained stable.

Emergency meeting

The UN nuclear agency is planning an emergency meeting to discuss the crisis in the power plant of Japan Fukushima Dai-Ichi, 135 miles north of Tokyo, where hundreds of cars streamed toward the south areas affected by the earthquake last week and the tsunami.

"The history of Japanese reactor continues to generate bad news," said Michael Shaoul, Chairman of Marketfield Asset Management, which oversees $ 1 billion in New York.

Tokyo Electric Power, which operates the nuclear plant, fell 12 percent to 808 yen, a level not seen since 1982.

Japanese stocks rose yesterday, with the Nikkei 225 by 5.7 percent. The average had fallen 16 percent since 11 March, the biggest crisis in two days since the crash of 1987.

Paladin Energy, a producer of uranium in Africa, fell 9.5 percent to $ 3.35 in Sydney today, although the company said that the nuclear industry in Japan and around the world to learn, improve and go forward "after the crisis.

Uranium prices will return to levels before the disaster, said John Borshoff, CEO of the company based in Perth, during a teleconference with analysts and journalists today. Rival Energy Resources of Australia Ltd. fell 6.2 percent to A $ 7.32.

Hong Kong, Tencent Holdings, the largest Chinese Internet company, fell 8.4 percent HK $ 198.70, after Martin Lau, President, said the company is "confident" to post slower growth .

- Editors: John McCluskey, Nick Gentle.

To contact the reporters on this story: Shani Raja in Sydney at sraja4@bloomberg.net; Akiko Ikeda in Tokyo iakiko@bloomberg.net.

To contact the editor responsible for this story: Nick aimed at ngentle2@bloomberg.net.WoW Gold

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