City Tokyo Financial News

The runway fire in Tokyo is providing a key test of the safety of carbon-composite material on planes

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TOKYO (Reuters) -Japan Airlines (JAL) estimated on Thursday that the collision of its flight JL516 with a Japan Coast Guard aircraft on Tuesday would result in an operating loss of about 15 billion yen ($104.81 million).

By Tim Hepher, Allison Lampert, David Shepardson and Valerie Insinna

Japan Airlines Flight JL516 skidded to a fiery halt after colliding with another plane on the runway at Tokyo Haneda airport on Jan. 2, cabin crew faced a daunting scenario. The intercom system to communicate between flight deck and cabin had broken down, one of the giant engines was still spinning and couldn’t be shut off, and only three of the eight escape doors were available to evacuate the stricken aircraft as flames licked up the kerosene-covered fuselage.

Japan Airlines Co. passenger jet, based on a transcript of Tuesday’s incident at Tokyo’s Haneda Airport. The readout of communications just prior to the crash was released Wednesday by Japanese officials in Tokyo.

By Kaori Kaneko, Lisa Barrington and Daniel Leussink

collision of two airplanes at Tokyo's Haneda airport, weeks after the global airline industry heard fresh warnings about runway safety. All 379 people aboard a Japan Airlines Airbus A350 escaped after a collision with a De Havilland Dash-8 Coast Guard turboprop that killed five of six crew on the smaller aircraft.

Japan Airlines flight JAL-516, believed to total 379 people, got out safely before the plane was entirely engulfed in flames. The Japanese coast guard said the pilot of its plane had escaped. NHK reported that the five other crewmembers had been found dead.Local TV video showed a large eruption of fire and smoke from the side of the Japan Airlines plane as it taxied on a runway.

-A tsunami measuring under one metre (3.3 ft) reached South Korea's east coast in the wake of a massive earthquake that hit Japan on Monday -The first tsunami to reach South Korea's coast was 67 cm (2.2 ft) but authoriites warned it may increase in size after the initial waves and may continue for more than 24 hours -North Korea issued tsunami warnings for its coast of possible waves of more than 2 metres, South Korea's Yonhap news agency reported, citing the North's state radio. -Russian officials issued a tsunami alert for the island of Sakhalin, warning that areas across the island's west coast could be affected by the waves. -Tsunami waves over a metre (three feet) high crashed into the coast after the 7.6-magnitude quake, and more, up to five metres high, were possible within 300 kilometres of the epicentre, US and Japanese weather agencies said.

TOKYO—Big Japanese investors stumbled disastrously into the U.S. commercial real-estate market in the late 1980s, when they bought high-profile properties like New York’s Rockefeller Center not long before the market fell hard. Now some Japanese institutional investors and real-estate companies are back—but this time it isn’t about flaunting trophy purchases.

Japan earthquake. Japan Meteorological Agency said that a succession of 21 earthquakes registering 4.0 magnitude or stronger struck central Japan in just over 90 minutes on Monday, 1 January. Catch LIVE updates of Japan Earthquake and Tsunami Japan issued a major tsunami warning for Ishikawa and lower-level tsunami warnings or advisories for the rest of the western coast of Japan's main island of Honshu.

Japan earthquake: The 7.6 magnitude earthquake that hit central Japan on Monday has triggered Tsunami warnings in Japan, North Korea, and Russia. The Kremlin confirmed the reports of Tsunami warnings in Russia's Far East region and said the evacuations are being carried out to relocate the people to safer areas. The Japan Meteorological Agency informed that 21 earthquakes rocked the country and all were above the magnitude of 4.0 As per the reports, the first Tsunami waves that hit the Japanese coastal regions of Ishikawa, Niigata, and Toyama were around a meter high.

tsunami around 1 metre high struck parts of the west coast along the Sea of Japan, with a larger wave expected. The Japan Meteorological Agency issued tsunami warnings for the coastal prefectures of Ishikawa, Niigata and Toyama, Reuters reported. "5m waves expected in Ishikawa," a person posted on X, formerly known as Twitter.

Kim Jong Un wrapped the year with fresh threats of a nuclear attack on Seoul and orders for a military arsenal build-up to prepare for a war that can «break out at any time» on the peninsula, state media reported Sunday. Kim lambasted the United States during a lengthy speech at the end of five days of year-end party meetings that set his country's military, political, and economic policy decisions for 2024. The meeting announced plans for further military development in the coming year, including launching three more spy satellites, building unmanned drones and developing electronic warfare capabilities, as well as strengthening nuclear and missile forces, according to the official Korean Central News Agency (KCNA). Pyongyang this year successfully launched a reconnaissance satellite, enshrined its status as a nuclear power in its constitution, and test-fired the most advanced intercontinental ballistic missile (ICBM) in its arsenal. At the meeting that ended Saturday, Kim accused the United States of posing «various types of military threat» and ordered his armed forces to maintain «overwhelming war response capability», according to KCNA. It is a «fait accompli that a war can break out at any time on the Korean peninsula due to reckless moves by the enemies to invade us», Kim said. In an effort to deter Pyongyang, Washington earlier this month deployed a nuclear-powered submarine in the South Korean port city of Busan, and flew its long-range bombers in drills with Seoul and Tokyo. The North has previously described the deployment of Washington's strategic weapons — such as B-52 bombers — in joint drills on the Korean peninsula as the «intentional nuclear war provocative moves». «We must respond quickly to a

WWE legend who faced off against iconic wrestlers like Hulk Hogan and Andre the Giant, passed away at the age of 76. Known by his ring name Killer Khan, he succumbed to a ruptured artery after being rushed to the hospital around 10pm on Saturday, as per reports in Japan.

Cool Yellow Metallic finish, complemented by a black roof and decals. Distinctive 'Fourth Generation Swift' graphics adorn the sides. Suzuki has opted for gloss black for the grille and fog lamp housing, with a matte black front splitter.

Bajrang Punia on Saturday urged the Sports Ministry to restart the wrestling activities in the country with just seven months remaining for next year's Paris Games, and said no one seemed to have taken the preparations for the quadrennial showpiece seriously. Wrestling action has come to a standstill for the last several months owing to the turmoil within the fraternity following the grapplers' protests against former president Brij Bhushan Sharan Singh. Even the election of a new Wrestling Federation of India (WFI) committee could not restore normalcy as the Sports Ministry suspended the Sanjay Singh-led panel citing the violation of its own constitution in announcing the national U-15 and U-20 Championships.

Premarket trading on Wall Street was mixed on what’s expected to be another quiet day between the Christmas and New Year holidays

Asian shares are mixed in muted trading on the last trading day of the year

U.S. stock futures are little changed Friday as the market puts the wraps on a year of surprisingly robust gains