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SEOUL (Reuters) – Asian shares plunged more than 14 proportionality on weekday as fresh explosions rocked a dilapidated thermonuclear being and triggered a rise in irradiation levels, sending investors fleeing from riskier assets such as equities and commodities crossways Asia.

The benchmark Nikkei 225 have finger extended its primeval give after Prime Minister Naoto Kan said irradiation levels at the being on the northeast shore had risen and urged grouping within a 30-km (18 mile) radius of the facility to stay indoors.

One report said "minute" levels of irradiation had been detected in Tokyo.

So farther this week, $720 1000000000 in market continuance has been wiped soured the Yeddo have exchange's biggest companies in the consequence of a large earthquake and wave which impact the land on Friday, triggering the thermonuclear crisis.

The note soared to just above 82.00 yearning on trading platform EBS from near 81.40 before sinking backwards to near 81.65 yen, little denaturized on the period and not farther from a achievement baritone of 79.75 struck in 1995.

Asian currencies from the inhabitant dollar, the New Sjaelland note to the Tai baht, with the Aussie dropping more than 1 proportionality on the period to a session baritone at $0.9986.

"All focus is on the thermonuclear crisis. In the situation where the crisis appears to be worsening, external investors and husbandly money operators are actuation out from Asian shares," Hideyuki Ishiguro, a supervisor at Okasan Securities in Tokyo.

Asian deal markets had initially posted overmodest losses in response to Tokyo's slump, but then turned sharply modify with the benchmark South Asiatic finger dropping 3 percent. inhabitant shares dropped 2.6 proportionality and Hong Kong about 4 percent.

For the stylish programme on the Nihon crisis,

MARKET TURMOIL SPREADS TO OIL AND METALS

Commodity prices also slumped on reports of mounting irradiation levels in parts of Nihon as investors scrambled out of riskier assets.

Brent vulgar for Apr lapse $1.87 to $111.80 a containerful at 10:56 p.m. ET after trading as baritone as $111.49. U.S. vulgar for Apr dropped $1.88 to $99.31.

Even gold, a tralatitious safe-haven investment, was hit.

Spot metallic forfeited $2.50 an cat to $1,424.15 an cat by 8:34 p.m. ET, after ascension as such as 1 proportionality on Monday.

Three-month conductor on the author Metal Exchange reversed primeval gains to bounds downbound 0.4 proportionality at $9,160 a amount tons by 10:59 p.m. ET.

"People are feat for venture aversion, so investors are liquidating assets and positions including in vulgar oil and gold," said Tetsu Emori, a money manager at Tokyo-based Astmax Co Ltd.

BANK OF JAPAN SEEKS TO EASE PAIN

Euroyen futures edged higher and short-dated swap contracts unfit on weekday following the Bank of Japan's offered to pump 5 1E+12 yearning ($61 billion) into the banking grouping after injecting a achievement 15 1E+12 yearning in same-day market operations on weekday and mitigated monetary contract boost by expanding its asset buying program.

Ten-year Asian government stick futures chromatic half a saucer to 140.42, on the way to investigating the broad for the year, helped by safety bids and following a crush in the have market.

The U.S. agent Reserve's policy-making agent Open Markets Committee meets on weekday and though the Fed is seen exiting its input early than Japan, few are expecting contract to modify during this meeting.

U.S. Treasuries rallied on the orbicular grace to innocuous assets as venture shunning overpowered concerns Asian insurers would sell Treasuries to money payouts at home.

Yields on 10-year U.S. Treasuries lapse boost to 3.22 proportionality from 3.37 proportionality early in the day.

(Additional news by Chikafumi Hodo and Antoni Slodkowski in Tokyo, Vikram S Subhedar in Hong Kong, Clare Jim in Taipei, Cecile Lefort in Sydney; Editing by Richard Borsuk.)

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