Author: asiadailynews

Japan Post Faces Major Financial Struggles: $424M Loss Revealed Japan Post logged a loss in postal services for the third fiscal year as fewer people send letters. Japan Post reported a $424M loss for fiscal 2024 in postal services.Postage rate hikes reduced the shortfall slightly but mail volume drastically declined.The company projects a $45M surplus for the next fiscal year but may revise forecasts.Labor and distribution costs along with declining mail handling remain key challenges. Japan Post Faces Ongoing Losses Amid Declining Mail VolumeJapan Post has entered its third consecutive fiscal year of operating losses within its postal service division,…

Groundbreaking Achievement: URASHIMA Reaches 8,000 Meters URASHIMA: Japan’s deep-sea probe dives an unprecedented 8,000 meters, marking progress in earthquake research and marine science. URASHIMA reached an 8,000-meter depth after recent upgrades.The probe previously mapped seafloors up to 3,500 meters deep.Its advancements aid earthquake research in the Japan Trench.The probe’s full operations are planned for fiscal 2026. Groundbreaking Achievement: URASHIMA Reaches 8,000 Meters Introduction to URASHIMA’s Deep-Sea Exploration The Japan Agency for Marine-Earth Science and Technology (JAMSTEC) has made a groundbreaking advancement in deep-sea exploration with upgrades to its probe, URASHIMA. This newly enhanced, unmanned underwater vehicle has now achieved an…

Record-Breaking Success: 40.5% Men Embrace Paternity Leave Paternity Leave: A record 40.5% of Japanese men utilized childcare leave during fiscal 2024, showcasing a historic shift. Key Point 1: Record-breaking 40.5% of Japanese men took paternity leave in fiscal 2024.Key Point 2: The proportion of women taking childcare leave also rose to 86.6%.Key Point 3: Legal revisions and awareness campaigns contributed to this increase.Key Point 4: Government aims to hit a 50% male take-up rate by the end of 2024 and 85% by 2030. Historic High for Paternity Leave in Japan In fiscal year 2024, Japan marked a historic milestone with…

Tomari Reactor Achieves Major Milestone: 12-Year Wait Ends Tomari Reactor Key Point 1: Tomari plant’s No.3 reactor in Hokkaido, Japan, passed regulatory screening for a restart under updated safety standards.Key Point 2: It took 12 years to clear as experts reviewed active fault surveys and implemented new safety measures at the facility.Key Point 3: Restart slated for 2027 with additional safety construction like seawalls to align with post-Fukushima requirements.Key Point 4: Tomari No.3 reactor becomes the 18th facility in Japan to meet new nuclear regulatory guidelines. Introduction to the Tomari Reactor’s Restart Approval The Tomari nuclear power plant, located in…

Promising Progress: Malaysia’s Bold Initiative to Monitor Ceasefire Between Cambodia and Thailand Ceasefire: This year’s ASEAN Chair, Malaysia, is forming two dedicated teams to monitor and verify the ceasefire agreement. Malaysia deploys monitoring teams to Cambodia and Thailand.Dedicated ASEAN-led efforts to oversee ceasefire agreement.Military commanders from both nations commit to peace.Border tensions result in significant casualties and displacement. Malaysia Takes Leadership in ASEAN Peacekeeping EffortsThe regional tensions between Cambodia and Thailand have made global headlines, with a recent border dispute escalating into an alarming crisis. In the face of this unrest, Malaysia, as the current ASEAN Chair, has demonstrated decisive…

Strengthening Bilateral Ties: Key Insights from 40-Minute Talk Bilateral Ties – Former Japan PM Suga and South Korea President Lee agreed to promote efforts to enhance the interests of both nations. Key Point 1: Former Japan PM Suga and South Korea President Lee met in Seoul to discuss promoting bilateral ties.Key Point 2: Both leaders emphasized exchanges and favorability between the two nations’ citizens.Key Point 3: The South Korean Presidential Office highlighted agreements on communication and collaboration amid international tensions. Promoting Bilateral Ties Between Japan and South Korea Former Japanese Prime Minister Suga Yoshihide and South Korean President Lee Jae-myung…

Terrifying Earthquake Shakes Kamchatka: 5 Key Facts Earthquake: A Kamchatka resident describes the fear and chaos caused by Wednesday’s intense earthquake and its aftershocks. A powerful earthquake hit Kamchatka in Russia’s Far East on Wednesday.A resident described the quake as intense, with the ground feeling like it was dancing for a minute.Tsunami waves reached 200 meters inland, causing minor damages to homes and cars.Residents are anxious about aftershocks, with many choosing to sleep in their cars. The Unfolding of a Powerful Earthquake in Kamchatka On Wednesday, a significant earthquake rocked Kamchatka, in Russia’s Far East, leaving residents in a state…

Unresolved Tragedy: Over 30 Years of Seeking Justice Hachioji murder: 30 years since the shocking supermarket slayings in suburban Tokyo; authorities continue their call for citizens’ help. Three part-time workers were tragically killed in a 1995 supermarket shooting in Hachioji, Tokyo.Despite more than 226,000 investigators mobilized over the years, no arrests have been made in this unsolved case.The statute of limitations for robbery and murder was abolished, keeping the case open for investigation indefinitely.Tokyo police are actively seeking citizen cooperation, offering a reward of up to 6 million yen for critical information. Unresolved Tragedy: The Hachioji Murder CaseA Shocking TragedyOn…

Disturbing Insights: 6 Injured in Knife Attack with Troubling Evidence Knife attack suspect confesses ‘someone is watching me’ in notes. Key Point 1: Suspect arrested after knife attack in Mito City injuring six.Key Point 2: Notes confiscated mention paranoia, including ‘someone is watching me.’Key Point 3: Police are analyzing dozens of notebooks linked to the suspect’s daily life worries. Disturbing Knife Attack in Mito City A shocking knife attack unfolded northeast of Tokyo in Mito City, Ibaraki Prefecture, where 48-year-old suspect Shiobara Hirokazu injured six individuals in a violent rampage. Among the victims, some sustained serious injuries, shaking the region…

Nissan’s $780 Million Loss Signals Troubling Times Ahead Nissan Motor reports a net loss of over 115.7 billion yen driven by declining sales and tariff impacts. Nissan reported a net loss of over $780 million for the April-June quarter.The automaker also predicted an operating loss of 180 billion yen for April-September.Challenges include declining sales and the impact of US tariffs totaling 68.7 billion yen.CEO Ivan Espinosa expressed uncertainty over tariff measures’ precise timing and scope. Nissan Reports Major Financial Loss for April-June Nissan has revealed staggering financial results for the April to June quarter, reporting a net loss of 115.7…