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STI to cross 3000 boosted by long-term investors

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hlfoo2010
    21-Sep-2013 20:42  
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17 Sep 2013 - 7:22pm

1000 tons of polluted Fukushima water dumped in sea



http://www.sbs.com.au/news/article/2013/09/17/1000-tons-polluted-fukushima-water-dumped-sea
The operator of the leaking Fukushima nuclear plant said Tuesday that it dumped more than 1,000 tons of polluted water into the sea after a typhoon raked the facility.
By
afp

Source
AFP


The operator of the leaking Fukushima nuclear plant said Tuesday that it dumped more than 1,000 tons of polluted water into the sea after a typhoon raked the facility.
   
Typhoon Man-yi smashed into Japan on Monday, bringing with it heavy rain that caused flooding in some parts of the country, including the ancient city of Kyoto.
   
The rain also lashed near the broken plant run by Tokyo Electric Power (TEPCO), swamping enclosure walls around clusters of water tanks containing toxic water that was used to cool broken reactors.
   
Some of the tanks were earlier found to be leaking contaminated water.
   
" Workers measured the radioactive levels of the water collected in the enclosure walls, pumping it back into tanks when the levels were high," said a TEPCO official.
   
" Once finding it was mostly rain water they released it from the enclosure, because there is a limit on how much water we can store."
   
The utility said about 1,130 tons of water with low levels of radiation -- below the 30 becquerels of strontium per litre safety limit imposed by Japanese authorities -- were released into the ground.
   
But the company also said at one site where water was found contaminated beyond the safety limit workers could not start the water pump quick enough in the torrential rain, and toxic water had leaked from the enclosure for several minutes.
   
Strontium is a potentially cancer-causing substance that accumulates in bones if consumed.
   
Thousands of tonnes of water that was poured on the reactors to tame meltdowns is being stored in temporary tanks at the plant, and TEPCO has so far revealed no clear plan for it.
   
The problem has been worsened by leaks in some of those tanks that are believed to have seeped into groundwater and run out to sea.
   
Separately, around 300 tonnes of mildly contaminated groundwater is entering the ocean every day having passed under the reactors, TEPCO says.
 
 
bishan22
    21-Sep-2013 20:40  
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Enjoy yr weekend. Monday got to eat ang ku kueh again. Hahaha.

Peter_Pan      ( Date: 21-Sep-2013 11:47) Posted:

Volatility is the name of the game...money is the reward of the game...wish all players have a great time...let the engines roar!!!!!

 
 
hlfoo2010
    21-Sep-2013 20:39  
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http://www.sbs.com.au/news/article/2011/03/17/aussies-told-leave-japan-radiation-extremely-high



DFAT is now advising Australians in the worst affected areas of Japan to leave amid reports from the US that the radiation risk from reactor 4 at the Fukushima nuclear plant is 'extremely high'.

 


DFAT is now advising Australians in the worst affected areas of Japan to leave amid reports from the US that the radiation risk from reactor 4 at the Fukushima nuclear plant is 'extremely high'.

Foreign Minister Kevin Rudd said DFAT was advising Australians in the worst affected areas of Japan to leave because of the breakdown of infrastructure in those areas.

" The infrastructure in that part of Japan now is severely under pressure in terms of electricity, power supply as well as a whole range of other things," he said.

" Because of these pressures on public infrastructure we're recommending that Australians should consider departing from Tokyo and those eight affected prefectures."

US warns of 'extremely high radiation levels'

There is no water left in the spent fuel pool of reactor 4 at Japan's Fukushima nuclear plant, resulting in " extremely high" radiation levels, the chair of the US Nuclear Regulatory Commission warns.

" In addition to the three reactors that were operating at the time of the incident, a fourth reactor is also right now under concern. This reactor was shut down at the time of the earthquake," said NRC chairman Gregory Jaczko.

" What we believe at this time is there has been a hydrogen explosion in this unit due to an uncovering of the fuel in the spent fuel pool," he said, noting the explosion happened several days ago but its effects were cause for concern.

" We believe that secondary containment has been destroyed and there is no water in the spent fuel pool and we believe that radiation levels are extremely high which could possibly impact the ability to take corrective measures."

Jaczko briefed lawmakers about the latest developments as part of a House of Representatives hearing on the US energy budget, after meeting with President Barack Obama at the White House.

Calls for Americans to leave nuclear area

He said that if the United States were facing a similar situation, it would order a much larger evacuation zone than Japan has (12 miles, 20 kilometers), and so the US has called on Americans within 50 miles (80 kilometers) of the Japan nuclear plant area to leave.

" Recently the NRC made a recommendation that based on the available information that we have that for a comparable situation in the United States we would recommend an evacuation for a much larger radius than has currently been provided in Japan," he said.

" As a result of this recommendation the ambassador in Japan has issued a statement to American citizens that we believe it is appropriate to evacuate to a larger distance, up to approximately 50 miles."

No. 4 rod pool 'major concern': France

France's Nuclear Safety Authority (ASN) earlier Wednesday described the No. 4 rod pool as " the major concern" in the crisis.

" The next 48 hours will be decisive," said Thierry Charles, director for factory, laboratory, transport and waste safety at the French Institute for Radiological Protection and Nuclear Safety (IRSN).

In an assessment issued at 0800 GMT on Wednesday 16th March, the IRSN said the water in the No. 4 pool was " boiling."

" Without water replenishment, the fuel-rod assemblies will start to be exposed in a few days. If the pool runs dry, this would eventually lead to the meltdown of the fuel.

" In such an event, the corresponding releases of radioactivity would be far higher than those that have occurred up till now."

The IRSN said that at around 2100 GMT on Tuesday 15th March, " responders were unable to approach the pool because of an excessive ambient dose" of radiation " of around 400 millisieverts per hour."

A single dose of 100 millisieverts is considered by some experts to increase the risk of several types of cancer.


 
 

 
hlfoo2010
    21-Sep-2013 20:30  
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Typhoon and earthquake strike Fukushima

Gates of hell
Shutterstock
The trail to Fukushima.


Two and a half years ago, the Fukushima Daiichi power facility was knocked out by a tsunami and earthquake. Myriad troubles ensued. Then this week it was hit by a typhoon, flooding, and another earthquake. Can?t a nuclear plant catch a break?

On Monday, Typhoon Man-yi smacked into Japan, causing flooding in some parts of the country, and new troubles at Fukushima.  From Agence France-Presse:


The operator of the leaking Fukushima nuclear plant said Tuesday that it dumped more than 1,000 tons of polluted water into the sea after a typhoon raked the facility. ?

The rain ? lashed near the broken plant run by Tokyo Electric Power (TEPCO), swamping enclosure walls around clusters of water tanks containing toxic water that was used to cool broken reactors.


Then, early Friday morning, the Fukushima Prefecture was rocked by a 5.3 magnitude earthquake. Fortunately, it doesn?t seem to have done any additional damage to the already crippled plant. From the AP:


The U.S. Geological Survey says the quake struck early Friday at a depth of about 13 miles under Fukushima Prefecture and about 110 miles northeast of Tokyo. ?

The Japanese news agency Kyodo News reported that the plant?s operator, Tokyo Electric Power Co., observed no abnormality in radiation or equipment after the quake.


Even before this latest earthquake, Japan?s government was clearly fed up with the perpetually beleaguered nuclear facility. ?Japanese Prime Minister Shinzo Abe on Thursday ordered TEPCO to scrap all six reactors at the Fukushima Dai-ichi plant and concentrate on tackling pressing issues like leaks of radioactive water,? the AP reports.
 
 
Peter_Pan
    21-Sep-2013 11:47  
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Volatility is the name of the game...money is the reward of the game...wish all players have a great time...let the engines roar!!!!!
 
 
Jackpot2010
    21-Sep-2013 11:08  
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Fed need not rush to taper while inflation is low: Bullard



(Reuters Fri.20/9/13) - Low readings on inflation allow the U.S. Federal Reserve to be patient in deciding when to scale back its pace of asset purchases, a senior Fed official said on Friday, cautioning that he would not back action until price pressures picked up.

" While I expect inflation to rise during the coming quarters, I want to see evidence of such an increase before endorsing less accommodative policy action by the FOMC," James Bullard, president of the St. Louis Federal Reserve, said. 

Bullard said earlier on Friday in an interview with Bloomberg television that the Fed's policy-setting Federal Open Market Committee could still scale back its massive bond-buying campaign at its next meeting, in late October, if the data was strong enough.  The FOMC on Wednesday voted to continue to buy bonds at a monthly pace of $85 billion.

Bullard said the prospects for tapering would harden if U.S. payroll and unemployment data showed further recovery.  " To the extent that these two important labor market indicators continue to show improvement, the likelihood of tapering policy action will continue to rise," Bullard said in remarks to the New York Association for Business Economics.  Bullard, a committee voter this year, supported the decision on Wednesday not to alter the current pace of bond purchases.  The move stunned financial markets, which had expected a modest adjustment that would have signaled the beginning of the end to a phase of ultra-easy U.S. monetary policy that has already lasted five years.

Defending their action, Bullard noted that policymakers were forced to curb 2013 and 2014 growth forecasts, as well as expectations for inflation, which has challenged the confidence they felt in June that the second half would be stronger.  " Normally, the committee would not want to reduce policy accommodation in this situation," he said.

He rejected the notion that the Fed, by disappointing markets, had compromised its policy credibility.  " I think it enhanced our credibility in the sense that it showed we really are paying attention to data and not on some automated program to cut QE to zero," he told reporters following his speech.

Kansas City Fed President Esther George, who was the lone dissenter against the decision, said on Friday the Fed had damaged its credibility by deciding not to act.

Bullard stressed that all Fed officials pay careful attention to asset prices, but said he did not see any sign of a bubble akin to those of recent years in housing and in technology stocks.  " The bubbles we had in the past were gigantic and obvious. I don't see anything like that going on right now," he said.

JUST LIKE CONVENTIONAL POLICY

The sharp market reactions in both June and September as investors recalibrated expectations for future Fed bond buying also showed that this unconventional tool was just as powerful as changes in Fed interest rates.  " The empirical evidence from these two episodes provides striking confirmation that changes in the expected pace of purchases act just like conventional monetary policy," Bullard said.  Bullard is usually seen as a policy centrist, but has become one of the central bank's most vocal doves due to concern that inflation remains too far beneath the Fed's goal of 2 percent, which he worries could lead to damaging deflation.  " The main macroeconomic surprise in the U.S. since September 2012 has been a lower rate of inflation," said Bullard, who dissented in June because he wanted a firmer commitment from the Fed to defend against price pressures slackening too far.

A recent Reuters poll of dealers found most now expect the Fed to begin scaling back bond purchases in December, though Bullard said that outlook is likely because Chairman Ben Bernanke has scheduled a news conference after the December meeting.

But Bullard said the Fed could call a news conference in October if it deemed it necessary.  Eventually, he said, the Fed's policy-setting committee would probably have to hold a press conference after every meeting.  " The ECB has long done this, and I think it provides the chairman an opportunity to communicate with markets on a regular basis," he said. " Even if he has nothing to say, that's very reassuring.

 

 
tanglinboy
    21-Sep-2013 10:16  
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Up down up down
 
 
WanSiTong
    21-Sep-2013 08:59  
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Dow down nearly 200 points as uncertainty returns



  @maureenmfarrell September 20, 2013: 4:34 PM ET

Dow weekly chart 4:29pm

Click chart for more markets data.
NEW YORK (CNNMoney)

More uncertainty. That's what investors will be faced with for the next few months. And we all know how much the market hates uncertainty.



A glut of unanswered questions pushed the Dow Jones Industrial Average down more than 180 points Friday. The S& P 500 and Nasdaq closed down between 0.4% and 0.7%.

The selling spread beyond stocks. Oil prices fell more than 1%, and gold dropped nearly 3%. European markets and Asian markets were mixed.

So what are the biggest questions for investors?
  • When will the Federal Reserve finally begin to cut back on its $85 billion a month bond-buying program?
  • Will the U.S. government shut down on October 1st?
  • Will the U.S. government default on its debt?
  • And what will corporate earnings look like next month?


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    WanSiTong
        21-Sep-2013 08:55  
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    World Markets

    North and South American markets finished broadly lower today with shares in Brazil leading the region. The Bovespa is down 1.79% while Mexico's IPC is off 1.26% and U.S.'s S& P 500 is lower by 0.72%.

    North and South American Indexes

      Index Country Change % Change Level Last Update
      Dow Jones Industrial Average United States -185.46 -1.19% 15,451.09 4:40pm ET
      S& P 500 Index United States -12.43 -0.72% 1,709.91 4:40pm ET
      Brazil Bovespa Stock Index Brazil -985.66 -1.79% 54,110.03 6:02pm ET
      Canada S& P/TSX 60 Canada -6.32 -0.85% 734.60 4:19pm ET
      Santiago Index IPSA Chile -14.19 -0.37% 3,244.46 Sep 17
      IPC Mexico -526.28 -1.26% 41,225.98 5:51pm ET
     
     
    risktaker
        21-Sep-2013 08:54  
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    shorted big.... on dow just before closing......debt will bring dow on its knee once again.....expected 2000 to 3000 points correction coming .....
     

     
    WanSiTong
        21-Sep-2013 08:54  
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    World Markets

    Asian markets finished mixed as of the most recent closing prices. The Hang Seng gained 1.67% and the Shanghai Composite rose 0.29%. The Nikkei 225 lost 0.16%.

    Asian Indexes

      Index Country Change % Change Level Last Update
      Australia ASX All Ordinaries Australia -17.79 -0.34% 5,270.80 5:26am ET
      Shanghai SE Composite Index China +6.29 +0.29% 2,191.85 Sep 18
      Hang Seng Hong Kong +385.06 +1.67% 23,502.51 Sep 19
      Mumbai Sensex India -382.93 -1.85% 20,263.71 6:30am ET
      Nikkei 225 Japan -23.76 -0.16% 14,742.42 2:28am ET
      Taiwan TSEC 50 Index Taiwan -40.60 -0.49% 8,209.18 Sep 18
     
     
    muifan
        20-Sep-2013 21:50  
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    warren buffet should take over as the next fed chairman !

    Jackpot2010      ( Date: 20-Sep-2013 17:20) Posted:

    Warren Buffett Supports Ben Bernanke Staying As Federal Reserve Chair



    http://www.ibtimes.com/warren-buffett-supports-ben-bernanke-staying-federal-reserve-chair-1408686

     

     
     
    teeth53
        20-Sep-2013 21:41  
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    Wait a minute, when the next hint come, will it be lagi jialat??.

    Tapering hint may trigger another volatility roller coaster ride.

    teeth53. Date: 19-Sep-2013 22:09

  • Fed surprise keeps stock rally going
  • World markets gain on Fed news
  • Wait a minute. Ah Ben said QE3?,  later then see how...Stk Huat Arhh.


  • teeth53      ( Date: 20-Sep-2013 08:44) Posted:

    Mkt surge as Fed retains stimulus plan shr sending investors n shares across the world yesterday.
    Singapore shares jumped 1.8% to the highest in more than a month.

     
     
    gufeng88
        20-Sep-2013 21:26  
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    hlfoo2010
        20-Sep-2013 21:14  
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    TWC Hurricanes


    Now playing TWC Hurricanes

    Super Typhoon Heads for Land



      http://www.weather.com/video/super-typhoon-heads-for-land-38954

     
     

     
    Jackpot2010
        20-Sep-2013 17:20  
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    Warren Buffett Supports Ben Bernanke Staying As Federal Reserve Chair



    http://www.ibtimes.com/warren-buffett-supports-ben-bernanke-staying-federal-reserve-chair-1408686

     
     
     
    GorgeousOng
        20-Sep-2013 15:51  
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    I have pulled out all my buy q....
    Happy shopping next week!!!
    I am go to the play ground now!!!

    Cheers!!!

     
     
    gufeng88
        20-Sep-2013 11:21  
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    Isolator
        20-Sep-2013 10:33  
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    Sell and Short STI counters now.....
     
     
    Isolator
        20-Sep-2013 10:26  
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    Wow... corner.... like senior citizen corner.... LOL

    SJ-Stomp      ( Date: 19-Sep-2013 21:26) Posted:



    Isolator,
    I have created your corner. Please post there. Thank you!


    Isolator      ( Date: 19-Sep-2013 15:05) Posted:

    Increasing more short positions.......


     
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