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☆ Tiny grain of nuclear fuel pulled from ruined Japanese nuclear plant in a step toward cleanup
▼ + stars: | 2024-11-07 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +3 min

A robot that has spent months inside the ruins of a nuclear reactor at Japan's tsunami-hit Fukushima Daiichi plant delivered a tiny sample of melted nuclear fuel on Thursday, in what plant officials said was a step toward beginning the cleanup of hundreds of tons of melted fuel debris. Employees of Tokyo Electric Power Company load a transportation box containing fuel debris from the Fukushima Daiichi nuclear power plant. A device to remove debris from a reactor at the damaged Fukushima nuclear plant. The sample return marks the first time the melted fuel is retrieved out of the containment vessel. An estimated 880 tons of fatally radioactive melted fuel remains in them.

Persons: Akira Ono, That’s, Telesco Organizations: Tokyo Electric Power Company Holdings, Plant, Employees, Tokyo Electric Power, Inc, TEPCO, Kyodo Locations: Fukushima, AFP

☆ The 3 things that will influence the stock market in the most consequential week of the year
▼ + stars: | 2024-11-03 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

The major stock benchmarks rallied Friday but were lower last week, with the Nasdaq leading the way lower after reaching new highs. Eight other Club names reported earnings last week, including Eli Lilly and Eaton. Despite indications from Big Tech that Nvidia's AI chips will remain in hot demand, the Club stock fell 4.3% for the week. The S & P 500 , which is less tech-weighted, fell nearly 1.4% for the week, making it back-to-back weekly losses for the broader market index. Earnings After analyzing earnings reports from 14 of our portfolio companies last week, there is only one Club name on the docket this week.

Persons: Eli Lilly, Eaton, Jim Cramer, financials Goldman Sachs, Kamala Harris, Donald Trump, Harris, Trump, That's, Jerome Powell, We're, we'll, Archer, Johnson, Jim Cramer's, Jim, Brendan McDermid Organizations: Nasdaq, Devices, Apple, Microsoft, Big Tech, Club, Nvidia, Dow, Intel, AMD, Dow Jones, Visa, American Express, JPMorgan, Bond, Federal Reserve, Boeing, Treasury, White, DuPont, Election, Protection, Electronics, Industrial, Constellation Energy, Marriott, Century Fox, Wynn Resorts, WYNN, Goodyear Tire, Cirrus, Diamondback Energy, Daniels, Midland, Apollo Global Management, Ferrari, Restaurant Brands, Emerson Electric, Devon Energy, Novo Nordisk, CVS Health, Howmet Aerospace, Teva Pharmaceutical Industries, Cedar Fair Entertainment, Toyota, American Electric Power Company, Johnson Controls, Dine Brands, Holdings, AMC Entertainment, Qualcomm, Coty, COTY, Energy, Barrick, Halliburton, HAL, Hershey, Air Products & Chemicals, Warner Bros ., Arista Networks, Rivian Automotive, Trade, Icahn Enterprises, Sony, SONY, Paramount, Jim Cramer's Charitable, CNBC, New York Stock Exchange Locations: BlackRock, Florida, China, Sluggishness, Cleveland, New York City, U.S

☆ Two Chinese nationals killed in ‘terrorist attack’ near Karachi airport
▼ + stars: | 2024-10-07 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

ISLAMABAD — Two Chinese nationals were killed in an explosion near the international airport of the southern Pakistani city of Karachi on Sunday night, the Chinese embassy in Pakistan said, in what it described as a "terrorist attack." The Chinese embassy said a convoy from the Port Qasim Electric Power Company was attacked near the airport. Pakistan's Prime Minister Shehbaz Sharif said a Chinese national was also injured and that an investigation was underway. It has previously killed Chinese citizens working in the region and attacked Beijing’s consulate in Karachi. In March, a suicide bomber killed five Chinese engineers working on a hydropower project in northern Pakistan.

Persons: Shehbaz Sharif, Asif Hassan, Imran Khan ., —, Xi Organizations: Baloch Liberation, Port Qasim Electric Power Company, Embassy, General, Pakistan's, Getty Images, Shanghai Cooperation Organization, Geo News, Beijing, Beijing’s, Authorities Locations: ISLAMABAD, Pakistani, Karachi, Pakistan, Port, Pakistan's, AFP, Getty Images Pakistan, Islamabad, Balochistan, Pakistan’s, Afghanistan, Iran, Gwadar, China

☆ Utility stocks offer AI exposure and a hedge against a slowing economy at a good price, Goldman says
▼ + stars: | 2024-06-01 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Utility stocks are an affordable way to gain exposure to the artificial intelligence trend and hedge against a slowing economy even after the sector's recent rally, according to Goldman Sachs. Yet, utility stocks still remain relatively affordable. Goldman is forecasting above consensus earnings growth of 2% on average in 2026 for the 16 utility stocks it covers. NextEra , Xcel Energy , Sempra and Southern Company offer the best exposure to the data center power demand surge among Goldman's buy-rated stocks, according to the bank. "However, a return to a rising bond yield environment could weigh on the performance of utilities," the Goldman analysts said.

Persons: Goldman Sachs, Goldman, Ryan Hammond Organizations: Utilities, Xcel Energy, Sempra, Southern Company, American Electric Power Company, Eversource Energy, FirstEnergy Corp, Federal Reserve, Goldman Locations: U.S

☆ 12 portfolio companies report earnings in the week ahead. What we want to hear from each
▼ + stars: | 2024-04-27 | by ( Zev Fima | ) www.cnbc.com time to read: +15 min

The action quickly and sharply reversed back to the upside Friday after blowout earnings reports from Alphabet and Microsoft . In the week ahead, earnings are likely to drive the action again, though we'll get a few important macroeconomic reports. Earnings: We've got the biggest week of the earnings season ahead of us, with 12 Club holdings set to report. Eli Lilly 's report Tuesday morning continues to be all about sales of type-2 diabetes treatment Mounjaro and weight-loss drug Zepbound. In DuPont 's report Wednesday morning, we're looking for a continued rebound in its semiconductor business following a sequential increase last quarter.

Persons: Ford, we'll, Dow Jones, We've, Buckle, Eaton, Eli Lilly, Lilly, We're, Estee Lauder, Fabrizio Freda, we've, Linde, Bausch, Royal Philips, Woodward, SIRI, Archer, Johnson, Stanley Black, Decker, BAX, Cardinal Health, Parker, Belden, Jim Cramer's, Jim Cramer, Jim Organizations: Nasdaq, Microsoft, Meta, Google Search, Big Tech, Nvidia, Broadcom, Ford Motor, Honeywell, Danaher, Labor Department, Labor, PMI, Services PMI, GE Healthcare, Amazon Web Services, Starbucks, Deutsche Bank, DuPont, Bausch Health, U.S ., Appeals, Apple, iPhones, Vision, ON Semiconductor, Resource Partners, Franklin Resources, Paramount, Transocean Ltd, Semiconductors, Arch Capital, Logitech International, Lattice Semiconductor, F5 Networks, Sanmina Corporation, GE HealthCare, PayPal, 3M Company, McDonalds, Enterprise Products Partners, Cola Company, Melco Resorts, Entertainment, SiriusXM Holdings, Oatly, American Electric Power Company, Leidos Holdings, Marathon Petroleum, Daniels, Midland Co, Equitrans Midstream Corporation, HSBC Holdings, HSBC, Devices, Caesars Entertainment, Lumen Technologies, Mondelez, Pfizer, CVS Health, Barrick, Mastercard Inc, Cruise Line Holdings Ltd, Kraft Heinz Company, Marriott International, Ares, Generac Holdings, Johnson Controls, Cenovus Energy Inc, Qualcomm, Devon Energy, Paycom, Axcelis Technologies, Coeur D'Alene Mines, Sunnova Energy International, MGM Resorts International, MGM, Solar Inc, Oil, Allstate, Co, Tenable Holdings, Enovix Corporation, Gladstone Capital, Avis Budget Group, eBay, EBAY, LIN, Novo Nordisk, Natural Resources, PENN Entertainment, Apache, ConocoPhillips, InMode Ltd, Baxter International, Cardinal, Regeneron Pharmaceuticals, Apollo Global Management, LLC, Cinemark Inc, Dominion Energy, Coterra Energy, Coinbase, Bill.com Holdings, Booking Holdings, United States Steel, AXT Inc, Materials, Energy, Hershey Company, XPO Logistics, Cboe, American Pipeline, Amneal Pharmaceuticals, Brookfield Business Partners, Brookfield Renewable Corporation, Magna International, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Bloomberg, Getty Locations: U.S, megaprojects, China, Eaton, Corning, Coeur D'Alene, Albemarle, ALB, Novo, New York

☆ Fed's favorite inflation gauge looms next week — plus, what we want from 2 portfolio earnings reports
▼ + stars: | 2024-02-24 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Wall Street returned to its winning ways this week — and Nvidia 's blowout earnings report Wednesday night was a big reason why. Twenty-six of our 32 portfolio stocks have delivered their results this earnings season (we didn't own Abbott Labs at the time of its report). It was a muted week for macroeconomic data, but we did get a slightly better-than-expected January existing home sales report on Thursday. In the week ahead, two more Club names are set to report earnings before a market-moving economic update arrives Thursday morning. The two other reports of note are the January new home sales report on Monday and ISM Manufacturing report on Friday.

Persons: Dow, we'll, bode, We're, Li Auto, Krystal, Arcutis, MARA, Iovance, Goldman Sachs BDC, CRON, BUD, Papa, LEV, Ginkgo, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Nvidia, Nasdaq, Dow Jones, Dow, Palo Alto Networks, Bausch Health, Coterra Energy, Abbott, Companies, TJX, Marshalls, TJX Companies, Berkshire Hathaway, Krystal Biotech, Alpha Metallurgical Resources , Inc, Fidelity National Information Services Inc, Animal Health, ELAN, Public Service Enterprise Group, Surgery Partners, BioCryst Pharmaceuticals Inc, Outdoor Holdings, Enlight Renewable Energy Ltd, Kosmos Energy, Playtika, Video Communications, TiRobot Corp, IRB, SBAC Communications Corporation, HEICO Corporation, FS KKR, Archer Aviation Inc, TransMedics, Sterling Construction Company, AES, Cruise Line Holdings, Lowe's Companies, American Electric Power Company, Bank of Nova, APLS Pharmaceuticals, Bank of Montreal, BMO, Devon Energy, Solar Inc, Technologies, Lab, Virgin Galactic Holdings, Splunk Inc, eBay, EBAY, Luminar Technologies, Agilent Technologies, G Foods, Masimo Corp, Baidu, Parts Inc, Icahn Enterprises, Viatris Inc, ACM Research, Golden Ocean Group, EMCOR, Industries, NRG Energy, Dycom, Editas, UWM Holdings Corporation, Vistra Energy, Marathon Digital Holdings, AMC Entertainment Holdings, Paramount Global, IonQ Inc, International, HP, Monster Beverage Corporation, Cronos, Birkenstock Holding, Anheuser, Busch InBev, Body, Brink's Company, Flags Inc, Papa John's, ACI, Hormel, Lion Electric Company, BlackRock TCP, Dole plc, DOLE, Fisker Inc, Dell Technologies, Ginkgo Bioworks Holdings, Autodesk, Green Brick Partners, Hewlett Packard Enterprise, Veeva Systems, INTTEST Corporation, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: New York City, U.S, Salesforce, Maxx, Bank of Nova Scotia, BlackRock, Cayman

Large amounts of radioactive wastewater have accumulated at the nuclear plant since it was damaged by a massive earthquake and tsunami in 2011. It began discharging treated and diluted wastewater into the ocean on Aug. 24 and finished releasing the third 7,800-ton batch on Monday. The discharges have been strongly opposed by fishing groups and neighboring countries including China, which banned all imports of Japanese seafood, badly hurting Japanese producers and exporters of scallops and other seafood. Japan’s government has set up a relief fund to help find new markets for Japanese seafood, and the central and local governments have led campaigns to encourage Japanese consumers to eat more fish and support Fukushima seafood producers. The tanks currently hold more than 1.3 million tons of wastewater, most of which needs to be retreated to meet safety standards before release.

Persons: Fumio Kishida, Xi Jinping, Kishida Organizations: TOKYO, Tokyo Electric Power Company Holdings, Asia Pacific Economic Cooperation, TEPCO Locations: China, San Francisco

☆ These stocks are leading the market's comeback and analysts think they have more to go
▼ + stars: | 2023-11-06 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

The names we found also have a consensus price target that calls for further appreciation of 20% or more from here on out. Discovery has the biggest potential upside — 55% — on the screen, looking at its consensus price target among analysts. Not only has the dominant e-commerce platform gained more than 66% this year—it also stands to rise anogther 24.4% based on the Street's consensus price target. Another Wall Street favorite is NextEra Energy , which has potential upside of more than 26%. Other companies leading the market's comeback are packaging company Sealed Air , discount retailer Dollar Tree and newspaper publisher News Corp .

Persons: Stocks, Wells Fargo, Wells, Steven Cahall, Brent Thill, —, Terrell Kirk Crews Organizations: Nasdaq, Dow Jones, CNBC, Warner Bros, Discovery, Jefferies, UBS, Amazon Web Services, American, International, NextEra Energy, News Corp Locations: Florida

☆ There's a once-in-a-decade opportunity in a sector that pays high dividends. Morningstar's chief strategist shares 5 stocks trading at discounts not seen since 2009.
▼ + stars: | 2023-11-06 | by ( Laila Maidan | ) www.businessinsider.com time to read: +3 min

The best opportunities today are in value stocks, meaning names trading at about a 22% discount to fair value, he said. Morningstar estimates fair value based on its projection of a company's future cash flows and the predictability of those flows. In fact, year-to-date, many utilities stocks have fallen by more than even long-dated bonds. What's great about utilities stocks is that they are very steady because demand for electricity is inelastic. It's a five-star-rated stock trading at a 23% discount to fair value and has about a 4.58% dividend yield.

Persons: Dave Sekera, Sekera, Travis Miller, It's Organizations: Stocks, Morningstar, Treasuries, NextEra Energy, Duke Energy, Electric Power Company Locations: AEP

“After China's ban on Japanese seafood, we are seeing more customers buying not only Fukushima fish but also Japanese seafood in general to support the industry." Despite the wastewater discharges, auction prices at Fukushima fish markets have remained stable — or even occasionally higher than normal. While individual consumers favor ordering fish by mail and shopping at seafood markets, prefectural government cafeterias have started serving Fukushima seafood for lunch. In Kyoto, a group of world-renowned Japanese “Kaiseki” cuisine chefs, will develop menus that primarily use Fukushima fish starting early next year. “I wish I could sell more local fish,” Haga said.

Persons: Kazuto Harada, “, ”, “ I'm, it’s, Futoshi Kinoshita, Katsuya Goto, ” Goto, Yoshinori Tanaka, ” Tanaka, Haga, ” Haga Organizations: —, International Atomic Energy Agency, IAEA, Tokyo Electric Power Company, United States Embassy, TEPCO, Tokyo Metropolitan Government, Japanese Culinary Academy Locations: IWAKI, Japan, Onahama, Fukushima, Ibaraki, Tokyo, South Korea, Beijing, China, Kyoto, Toriyone, Asia, asia

TOKYO (AP) — The tsunami-damaged Fukushima Daiichi nuclear power plant began its third release of treated and diluted radioactive wastewater into the sea Thursday after Japanese officials said the two earlier releases ended smoothly. The plant operator discharged 7,800 tons of treated water in each of the first two batches and plans to release the same amount in the current batch through Nov. 20. The plant began the first wastewater release in August and will continue to do so for decades. About 1.34 million tons of radioactive wastewater is stored in about 1,000 tanks at the plant. China immediately banned all imports of Japanese seafood, badly hurting Japanese seafood producers and exporters.

Organizations: TOKYO, Tokyo Electric Power Company Holdings, TEPCO, Health, International Atomic Energy Agency, IAEA Locations: Japan, South Korea, China, Asia, asia

TOKYO (AP) — Two workers at the tsunami-wrecked Fukushima Daiichi nuclear power plant were hospitalized after accidentally getting sprayed with liquid laced with radioactive materials, officials said Thursday. The incident occurred on Wednesday when a group of workers was cleaning the piping at the Advanced Liquid Processing System. The ALPS is a wastewater filtering facility that is key to the treatment of the radioactive wastewater that accumulates on the plant and its ongoing discharge into the sea. Four workers were cleaning the piping when a drainage hose suddenly came off. Political Cartoons View All 1220 ImagesTEPCO began the controversial wastewater discharges on Aug. 24 from Fukushima Daiichi, which suffered triple meltdowns following the 2011 quake and tsunami.

Persons: Junichi Matsumoto Organizations: TOKYO, Tokyo Electric Power Company Holdings, TEPCO Locations: Fukushima, China

ONJUKU, Japan (AP) — Scientists from the U.N. nuclear agency watched Friday as Japanese lab workers prepared samples of fish collected at a seafood market near the Fukushima nuclear plant to test the safety of treated radioactive wastewater released from the damaged plant into the sea. On Friday, a team from the International Atomic Energy Agency watched as fish samples were prepared at the Marine Ecology Research Institute in the coastal town of Onjuku near Tokyo. During Friday's lab visit, technicians prepared samples for the measurement of tritium, which cannot be removed from the wastewater by the treatment equipment at the Fukushima plant. Other lab workers packed processed fish samples for measuring Cesium, which experts say is important to monitor because it tends to stay in fish muscles. The Oct. 16-23 sampling work will be followed by a separate IAEA task force that will review the safety of the water discharge.

Persons: ”, Iolanda Osvath, searobin, Paul McGinnity Organizations: —, Tokyo Electric Power Company Holdings, International Atomic Energy Agency, Marine Ecology Research, IAEA, TEPCO Locations: ONJUKU, Japan, China, Russia, Onjuku, Tokyo, South Korea, Canada

☆ Beware these debt-laden stocks breaking down under the weight of higher rates
▼ + stars: | 2023-10-05 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +7 min

Stocks have sold off as Wall Street accepted that the Federal Reserve might keep interest rates higher for longer to crush inflation. Corporate debt refinancings are going to start hitting profits more urgently starting in 2024, according to Wolfe Research chief investment strategist Chris Senyek. "[T]hat higher interest expense is likely to create a $5-$7/share headwind for S & P 500 operating EPS in 2024," Senyek said. Stocks have sold off as Wall Street accepted that the Federal Reserve might keep interest rates higher for longer to crush inflation. "[T]hat higher interest expense is likely to create a $5-$7/share headwind for S&P 500 operating EPS in 2024," Senyek said.

Persons: Stocks, Chris Senyek, —, Senyek, LSEG, RC Willey, George Frey, BAX Baxter, Lockheed Martin, Kellogg Organizations: Labor Department, Wall, Federal Reserve, Wolfe Research, CNBC, General Motors, United Auto Workers, GM, Whirlpool, Kellogg, RC, Bloomberg, Getty, Equity, Lockheed, AEP American Electric Power, Dominion Energy, Motors, Duke Energy, VZ Verizon Communications, Nasdaq, Stock Screener, Whirlpool Corp Locations: Draper , Utah

☆ Tepco starts releasing second batch of treated radioactive water from Fukushima nuclear plant
▼ + stars: | 2023-10-05 | by ( ) www.reuters.com time to read: +2 min

[1/3] An aerial view shows the Fukushima Daiichi nuclear power plant, which started releasing treated radioactive water into the Pacific Ocean, in Okuma town, Fukushima prefecture, Japan August 24, 2023, in this photo taken by Kyodo. Kyodo/via REUTERS/File Photo Acquire Licensing RightsTOKYO, Oct 5 (Reuters) - Tokyo Electric Power Company (9501.T) (Tepco) started releasing more treated radioactive water from the wrecked Fukushima Daiichi Nuclear Power Plant on Thursday morning, continuing a move that has caused tensions between China and Japan. Junichi Matsumoto, who is overseeing the water release at Tepco, said on Wednesday during a news conference that Tepco had received more than 6,000 calls from abroad between August 24-27. Japan started the water discharge in August in a key step towards decommissioning the Fukushima plant, which suffered meltdowns after being hit by a tsunami in 2011 in the world's worst nuclear plant disaster since Chernobyl 25 years earlier. Japan says the water is treated to remove most radioactive elements except tritium, a hydrogen isotope that must be diluted because it is difficult to filter.

Persons: Junichi Matsumoto, Matsumoto, Sakura Murakami, Gerry Doyle Organizations: Kyodo, Rights, Tokyo Electric Power Company, United Nations, Tepco, Japan, Thomson Locations: Okuma, Fukushima prefecture, Japan, China

TOKYO (AP) — Japan's wrecked Fukushima nuclear power plant said it began releasing a second batch of treated radioactive wastewater into the sea on Thursday after the first round of discharges ended smoothly. The plant's first wastewater release began Aug. 24 and ended Sept. 11. During that release, TEPCO said it discharged 7,800 tons of treated water from 10 tanks. In the second discharge, TEPCO plans to release another 7,800 tons of treated water into the Pacific Ocean over 17 days. About 1.34 million tons of radioactive wastewater is stored in about 1,000 tanks at the plant.

Persons: — Japan's, Ichiro Miyashita Organizations: TOKYO, Tokyo Electric Power Company Holdings, TEPCO, Agriculture, International Atomic Energy Agency Locations: South Korea, China, Fukushima, Malaysia

The Fukushima Daiichi plant began discharging the treated and diluted wastewater into the Pacific Ocean on Aug. 24. During the 17-day first release, the plant's operator, Tokyo Electric Power Company Holdings, said it discharged 7,800 tons of treated water from 10 tanks. About 1.34 million tons of radioactive wastewater is stored in about 1,000 tanks at the plant. The radioactive wastewater has accumulated since three of the plant's reactors were damaged by the 2011 earthquake and tsunami. TEPCO plans to release 31,200 tons of treated water through March 2024, and officials say the pace will pick up later.

Persons: Fumio Kishida, Teruaki Kobashi Organizations: TOKYO, Tokyo Electric Power Company Holdings, TEPCO, International Atomic Energy Agency, Japan, Korea Institute of Nuclear, IAEA, South Korean Locations: Fukushima, China, South Korea, Japan

TOKYO (AP) — Fishermen and residents of Fukushima and five other prefectures along Japan’s northeastern coast filed a lawsuit Friday demanding a halt to the ongoing release of treated radioactive wastewater from the wrecked Fukushima nuclear plant into the sea. Three reactors at the Fukushima Daiichi nuclear plant melted after a magnitude 9.0 earthquake and tsunami in 2011 destroyed its cooling systems. “The intentional release to the sea is an intentional harmful act that adds to the (nuclear plant) accident," said another lawyer, Hiroyuki Kawai. He said the ocean is a public resource and it is unethical for a company to discharge wastewater into it. China banned all imports of Japanese seafood in response to the release, while Hong Kong and Macau suspended imports from 10 prefectures including Fukushima.

Persons: Kenjiro Kitamura, Hiroyuki Kawai, Fumio, Kishida Organizations: TOKYO, —, Tokyo Electric Power Company Holdings, Nuclear, Authority, TEPCO, International Atomic Energy Agency, Groups Locations: Fukushima, Tokyo, China, Hong Kong, Macau, South Korea, Indonesia

☆ Japan says seawater radioactivity below limits near Fukushima
▼ + stars: | 2023-08-27 | by ( ) www.reuters.com time to read: +2 min

[1/2] A view of the Fukushima Daiichi nuclear power plant after it started releasing treated radioactive water into the Pacific Ocean, seen from the nearby Ukedo fishing port in Namie town, Fukushima Prefecture, Japan, Aug. 25, 2023. REUTERS/Tom Bateman/File Photo Acquire Licensing RightsCompanies Tokyo Electric Power Company Holdings Inc FollowTOKYO, Aug 27 (Reuters) - Japan's environment ministry on Sunday said tests of seawater near the Fukushima nuclear power plant did not detect any radioactivity, days after the discharge of treated water that had been used to cool nuclear reactors. The east-Asian nation on Thursday started releasing water from the wrecked Fukushima plant into the Pacific Ocean, sparking protests within Japan and neighbouring countries and prompting China to ban aquatic product imports from Japan. It said the seawater "would have no adverse impact on human health and the environment". Japan's fisheries agency on Saturday said tests of fish in waters around the plant did not detect tritium.

Persons: Tom Bateman, Kaori Kaneko, Christopher Cushing Organizations: REUTERS, Rights Companies Tokyo Electric Power Company Holdings, Reuters, Tokyo Electric Power Co, Tepco, Thomson Locations: Fukushima, Fukushima Prefecture, Japan, China

Even as the import ban kicked in, tables were filled at Japanese restaurant Fumi in Hong Kong on August 24, 2023. Kathleen Magramo/CNNHours before China’s announcement, the Asian financial center of Hong Kong – a semi-autonomous Chinese city – imposed its own ban on aquatic product imports from 10 Japanese regions including Tokyo and Fukushima. Japanese Prime Minister Fumio Kishida has reportedly “strongly” requested via diplomatic channels that China “immediately overturn” the ban. Still, Fei too thought that the bans from China and Hong Kong would have limited impact on Japanese trade. Consequently, even considering the reputational damage for Japanese seafood products, Japan’s overall exports will not be materially undermined,” Fei said.

Persons: “ It’s, ”, Thomason Ng, Fumi’s, “, Kathleen Magramo, Japan’s, Masanobu Sakamoto, Fumio Kishida, ” Sakamoto, –, Nigel Marks, there’s, CNN “ It’s, ” Marks, David Krofcheck, ” Krofcheck, Stefan Angrick, Angrick, That’s, China “, Fei Xue, Fei, ” Fei, restaurateurs, Hong Kong’s, Cara Man, we’ll Organizations: CNN, Hong Kong’s, East China, Fisherman’s Cooperative Association, ” “ Fishermen, Japanese, Tokyo Electric Power Company, TEPCO, Curtin University, University of Auckland, World Health Organization, Moody’s, Economist Intelligence Unit, “ Seafood Locations: Hong, Hong Kong’s Central, Fumi, Asia, Japan, China, Fukushima, Hong Kong, Tokyo, Weibo, East, Beijing, Australia, Ocean, South Korea, Taiwan, New Zealand, Japanese, Central, Japan’s Hokkaido, Kyushu, Kagoshima, Norway, Canada

☆ China suspends all seafood imports from Japan after treated radioactive water is released from Fukushima
▼ + stars: | 2023-08-24 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +2 min

China on Thursday suspended the import of all aquatic products from Japan, including edible seafood, hours after its neighbor started releasing treated radioactive water from the stricken Fukushima nuclear power plant. Seafood imports from Japan include red sea bream, scallops, and mackerel, according to Japan's Ministry of Agriculture, Forestry and Fisheries. The discharge of the treated water was expected to start after 1 p.m. Toyko time, according to media reports citing state owned electricity firm TEPCO. The IAEA will have a presence on site "for as long as the treated water is released, in line with Director General Grossi's commitment for the IAEA to engage with Japan on the discharge of ALPS treated water before, during, and after the treated water discharges occur." ALPS refers to the Advanced Liquid Processing System that at Fukushima, which removes radioactive material from the wastewater before it is released.

Organizations: Tokyo Electric Power Company, Japan's Ministry of Agriculture, Forestry, Fisheries, TEPCO, International Atomic Energy Agency, IAEA, Japan's Embassy Locations: Tokyo, China, Japan, Fukushima, London

☆ Fukushima nuclear plant begins releasing treated radioactive wastewater into the sea
▼ + stars: | 2023-08-24 | by ( ) www.cnbc.com time to read: +3 min

Protesters hold signs reading "Don't throw radioactive contaminated water into the sea!" The operator of the tsunami-wrecked Fukushima Daiichi nuclear power plant says it has begun releasing its first batch of treated radioactive water into the Pacific Ocean. But the Japanese government and TEPCO say the water must be released to make room for the plant's decommissioning and to prevent accidental leaks. The water release begins more than 12 years after the March 2011 nuclear meltdowns, caused by a massive earthquake and tsunami. TEPCO executive Junichi Matsumoto said Thursday's release was to begin with the least radioactive water to ensure safety.

Persons: Fumio Kishida, Junichi Matsumoto, Matsumoto Organizations: Tokyo Electric Power Company, Tokyo Electric Power Company Holdings, TEPCO, Fisheries Agency Locations: Tokyo, China, South Korea, Fukushima

CNN —Japan on Thursday will begin releasing treated radioactive wastewater from its Fukushima nuclear plant, part of a controversial plan that has sparked fierce objections from some regional countries as well as many consumers. During a press conference Thursday morning, TEPCO said it expects to discharge only around 200 or 210 cubic meters of treated wastewater. It will send a boat later Thursday into the harbor to collect samples to monitor and ensure the discharged treated wastewater meets international safety standards. Japan’s devastating 2011 earthquake and tsunami caused water within the Fukushima nuclear plant to be contaminated with highly radioactive material. Hong Kong on Wednesday said it will ban food products imported from some parts of Japan following the release of the treated water.

Persons: Wang Wenbin, “, Wang Organizations: CNN, Tokyo Electric Power Company, TEPCO, United Nations, International Atomic Energy Agency, IAEA Locations: Japan, Asia, Taiwan, China, Fukushima, Hong Kong, Tokyo, Chiba, Tochigi

☆ Japan set to release Fukushima water amid criticism, seafood import bans
▼ + stars: | 2023-08-23 | by ( Sakura Murakami | ) www.reuters.com time to read: +3 min

[1/4] An aerial view shows the storage tanks for treated water at the tsunami-crippled Fukushima Daiichi nuclear power plant in Okuma town, Fukushima prefecture, Japan August 22, 2023, in this photo taken by Kyodo. Japan has maintained that the water release is safe. "Being told something is scientifically safe and feeling reassured are two different things... Proof that the water release is scientifically safe may not remove reputational damage," he said. The water will initially be released in smaller portions and with extra checks, with the first discharge totalling 7,800 cubic metres over about 17 days, Fukushima power plant operator Tepco (9501.T) said on Tuesday.

Persons: Wang Wenbin, Japan's, Yoon Suk, John Lee, Masanobu Sakamoto, Sakura Murakami, Raju Gopalakrishnan Organizations: Kyodo, REUTERS, Rights Companies Tokyo Electric Power Company Holdings, International Atomic Energy Agency, IAEA, Hong, National Federation of Fisheries Cooperative, World Health, Tepco, Thomson Locations: Okuma, Fukushima prefecture, Japan, China, Hong Kong, Macau, Tokyo, Fukushima

☆ Japan to release Fukushima water into ocean starting this week
▼ + stars: | 2023-08-22 | by ( ) www.cnbc.com time to read: +1 min

Fisherman Haruo Ono stands on one of his fishing boats at Tsurushihama Fishing Port, Shinchi-machi of Fukushima Prefecture, some 60 kms north of the crippled Fukushima Daiichi nuclear plant on August 21, 2023, ahead of a government's plan to begin releasing treated water from the plant into the Pacific Ocean. Philip Fong | Afp | Getty ImagesJapan said on Tuesday it will start releasing more than 1 million metric tonnes of treated radioactive water from the wrecked Fukushima nuclear power plant on Aug. 24, putting into motion a plan that has drawn strong criticism from China. Japan has said that the water release is safe. Still, some neighboring countries have expressed skepticism over the safety of the plan, with Beijing emerging as the biggest critic. Foreign ministry spokesman Wang Wenbin said in July that Japan had shown selfishness and arrogance, and had not fully consulted the international community about the water release.

Persons: Ono, Philip Fong, Fumio Kishida, Wang Wenbin Organizations: Afp, Getty, Japan, Tokyo Electric Power Company, Nuclear, Authority, International Atomic Energy Agency Locations: Shinchi, Fukushima Prefecture, China, Japan, Beijing

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