Residents of Suzu city pass by a house that collapsed when a 6. 5 magnitude earthquake hit Japan's Ishikawa prefecture. AFP
Residents of Suzu city pass by a house that collapsed when a 6. 5 magnitude earthquake hit Japan's Ishikawa prefecture. AFP
Residents of Suzu city pass by a house that collapsed when a 6. 5 magnitude earthquake hit Japan's Ishikawa prefecture. AFP
Residents of Suzu city pass by a house that collapsed when a 6. 5 magnitude earthquake hit Japan's Ishikawa prefecture. AFP

One dead after earthquake shakes central Japan


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Aftershocks shook Japan on Saturday after an earthquake left at least one person dead, with officials assessing damage from the jolt that destroyed several buildings.

The 6.5 magnitude quake hit the central Ishikawa region in the middle of Friday afternoon at a depth of 12 kilometres, according to the Japan Meteorological Agency.

  • A man examines the ruins of house that collapsed after a 6.5 magnitude earthquake hit the city of Suzu, Ishikawa prefecture, in Japan on Friday, killing one person. AFP
    A man examines the ruins of house that collapsed after a 6.5 magnitude earthquake hit the city of Suzu, Ishikawa prefecture, in Japan on Friday, killing one person. AFP
  • The Suzu earthquake causes landslides, tossing huge boulders onto homes and public roads. AFP
    The Suzu earthquake causes landslides, tossing huge boulders onto homes and public roads. AFP
  • Heavy machinery is used to clear the fallen 'torii', or gate of Susu Shrine, on Saturday, after it collapsed when a 6. 5 magnitude earthquake hit the area of Suzu, Ishikawa prefecture. AFP
    Heavy machinery is used to clear the fallen 'torii', or gate of Susu Shrine, on Saturday, after it collapsed when a 6. 5 magnitude earthquake hit the area of Suzu, Ishikawa prefecture. AFP
  • Susu residents inspect their house after it collapsed when a 6. 5 magnitude earthquake hit the area on Friday. AFP
    Susu residents inspect their house after it collapsed when a 6. 5 magnitude earthquake hit the area on Friday. AFP
  • A resident of Suzu collects water from a bowser after a magnitude 6. 5 earthquake cut supplies to his home. EPA
    A resident of Suzu collects water from a bowser after a magnitude 6. 5 earthquake cut supplies to his home. EPA
  • The impact of the earthquake toppled furniture in homes across Suzu. EPA
    The impact of the earthquake toppled furniture in homes across Suzu. EPA
  • The Suzu earthquake triggered a landslide, swamping houses and blocking roads to emergency services. AP
    The Suzu earthquake triggered a landslide, swamping houses and blocking roads to emergency services. AP
  • Wreckage caused by the magnitude 6. 5 earthquake that hit the city of Suzu on Friday. EPA
    Wreckage caused by the magnitude 6. 5 earthquake that hit the city of Suzu on Friday. EPA
  • A car crushed by a collapsed house in the city of Suzu, Ishikawa prefecture. AFP
    A car crushed by a collapsed house in the city of Suzu, Ishikawa prefecture. AFP

About 55 aftershocks, some of them strong, had occurred by Saturday morning, the agency said, as it said that heavy rain could trigger landslides in the area.

At least 23 people had been injured, Japan's disaster management agency said on Saturday.

“Our staff are out checking damage from the quake,” an official from Suzu in Ishikawa prefecture, the hardest-hit city, told AFP.

Two people trapped inside buildings were rescued, he said, and about 50 people had moved to evacuation centres at schools and the city hall.

TV reports showed a grocery shop strewn with broken bottles and other items that had fallen from shelves.

Some residents were seen clearing rubble in the rain after their wooden houses were partially destroyed.

“I asked a carpenter for a makeshift fix of the house, and the house is now covered with a blue tarp to protect it from rainwater,” one man told public broadcaster NHK.

The quake registered an upper six on the Japanese Shindo seismic scale, which goes up to a maximum of seven.

A landslide caused by Friday's earthquake is seen in Suzu city, Ishikawa prefecture, central Japan Saturday, May 6, 2023. A strong, shallow offshore earthquake hit central Japan on Friday afternoon. (Kyodo News via AP)
A landslide caused by Friday's earthquake is seen in Suzu city, Ishikawa prefecture, central Japan Saturday, May 6, 2023. A strong, shallow offshore earthquake hit central Japan on Friday afternoon. (Kyodo News via AP)

Earthquakes are common in Japan, which sits on the Pacific Ring of Fire, an arc of intense seismic activity that stretches through South-East Asia and across the Pacific basin.

Japan has strict construction regulations designed to ensure buildings can withstand strong quakes and routinely holds emergency drills to prepare for a major jolt.

A 6.9 magnitude quake struck a fishing village in the same region in 2007, injuring hundreds and damaging more than 200 buildings on the Noto peninsula — a scenic area on the Sea of Japan coast.

“I express my heartfelt condolences to the person who died and offer my sympathies to those who were hit by the disaster,” Prime Minister Fumio Kishida, who had returned from a tour to four African nations and Singapore, said on Friday.

“The government will continue taking measures with a sense of urgency while closely communicating with [officials] at the scene,” Mr Kishida told reporters.

Japan is haunted by the memory of a magnitude 9 undersea quake off its north-east in March 2011, which triggered a tsunami that left about 18,500 people dead or missing.

In Search of Mary Shelley: The Girl Who Wrote Frankenstein
By Fiona Sampson
Profile

How to improve Arabic reading in early years

One 45-minute class per week in Standard Arabic is not sufficient

The goal should be for grade 1 and 2 students to become fluent readers

Subjects like technology, social studies, science can be taught in later grades

Grade 1 curricula should include oral instruction in Standard Arabic

First graders must regularly practice individual letters and combinations

Time should be slotted in class to read longer passages in early grades

Improve the appearance of textbooks

Revision of curriculum should be undertaken as per research findings

Conjugations of most common verb forms should be taught

Systematic learning of Standard Arabic grammar

Results

2pm: Serve U – Maiden (TB) Dh60,000 (Dirt) 1,400m; Winner: Violent Justice, Pat Dobbs (jockey), Doug Watson (trainer)

2.30pm: Al Shafar Investment – Conditions (TB) Dh100,000 (D) 1,400m; Winner: Desert Wisdom, Bernardo Pinheiro, Ahmed Al Shemaili

3pm: Commercial Bank of Dubai – Handicap (TB) Dh68,000 (D) 1,200m; Winner: Fawaareq, Sam Hitchcott, Doug Watson

3.30pm: Shadwell – Rated Conditions (TB) Dh100,000 (D) 1,600m; Winner: Down On Da Bayou, Xavier Ziani, Salem bin Ghadayer

4pm: Dubai Real Estate Centre – Maiden (TB) Dh60,000 (D) 1,600m; Winner: Rakeez, Patrick Cosgrave, Bhupat Seemar

4.30pm: Al Redha Insurance Brokers – Handicap (TB) Dh78,000 (D) 1,800m; Winner: Capla Crusader, Bernardo Pinheiro, Rashed Bouresly

The years Ramadan fell in May

1987

1954

1921

1888

MATCH INFO

Delhi Daredevils 174-4 (20 ovs)
Mumbai Indians 163 (19.3 ovs)

Delhi won the match by 11 runs

The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

Lewis Hamilton in 2018

Australia 2nd; Bahrain 3rd; China 4th; Azerbaijan 1st; Spain 1st; Monaco 3rd; Canada 5th; France 1st; Austria DNF; Britain 2nd; Germany 1st; Hungary 1st; Belgium 2nd; Italy 1st; Singapore 1st; Russia 1st; Japan 1st; United States 3rd; Mexico 4th

If you go

The flights
There are various ways of getting to the southern Serengeti in Tanzania from the UAE. The exact route and airstrip depends on your overall trip itinerary and which camp you’re staying at. 
Flydubai flies direct from Dubai to Kilimanjaro International Airport from Dh1,350 return, including taxes; this can be followed by a short flight from Kilimanjaro to the Serengeti with Coastal Aviation from about US$700 (Dh2,500) return, including taxes. Kenya Airways, Emirates and Etihad offer flights via Nairobi or Dar es Salaam.   

Tottenham's 10 biggest transfers (according to transfermarkt.com):

1). Moussa Sissokho - Newcastle United - £30 million (Dh143m): Flop

2). Roberto Soldado - Valencia -  £25m: Flop

3). Erik Lamela - Roma -  £25m: Jury still out

4). Son Heung-min - Bayer Leverkusen -  £25m: Success

5). Darren Bent - Charlton Athletic -  £21m: Flop

6). Vincent Janssen - AZ Alkmaar -  £18m: Flop

7). David Bentley - Blackburn Rovers -  £18m: Flop

8). Luka Modric - Dynamo Zagreb -  £17m: Success

9). Paulinho - Corinthians -  £16m: Flop

10). Mousa Dembele - Fulham -  £16m: Success

Glossary of a stock market revolution

Reddit

A discussion website

Redditor

The users of Reddit

Robinhood

A smartphone app for buying and selling shares

Short seller

Selling a stock today in the belief its price will fall in the future

Short squeeze

Traders forced to buy a stock they are shorting 

Naked short

An illegal practice  

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

SQUADS

Bangladesh (from): Shadman Islam, Mominul Haque, Soumya Sarkar, Shakib Al Hasan (capt), Mahmudullah Riyad, Mohammad Mithun, Mushfiqur Rahim, Liton Das, Taijul Islam, Mosaddek Hossain, Nayeem Hasan, Mehedi Hasan, Taskin Ahmed, Ebadat Hossain, Abu Jayed

Afghanistan (from): Rashid Khan (capt), Ihsanullah Janat, Javid Ahmadi, Ibrahim Zadran, Rahmat Shah, Hashmatullah Shahidi, Asghar Afghan, Ikram Alikhil, Mohammad Nabi, Qais Ahmad, Sayed Ahmad Shirzad, Yamin Ahmadzai, Zahir Khan Pakteen, Afsar Zazai, Shapoor Zadran

Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5

The specs

Engine: 1.4-litre 4-cylinder turbo

Power: 180hp at 5,500rpm

Torque: 250Nm at 3,00rpm

Transmission: 5-speed sequential auto

Price: From Dh139,995

On sale: now

From Zero

Artist: Linkin Park

Label: Warner Records

Number of tracks: 11

Rating: 4/5

Student Of The Year 2

Director: Punit Malhotra

Stars: Tiger Shroff, Tara Sutaria, Ananya Pandey, Aditya Seal 

1.5 stars

Company%C2%A0profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3Eamana%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2010%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Karim%20Farra%20and%20Ziad%20Aboujeb%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EUAE%3Cbr%3E%3Cstrong%3ERegulator%3A%20%3C%2Fstrong%3EDFSA%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinancial%20services%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3E85%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESelf-funded%3Cbr%3E%3C%2Fp%3E%0A
INDIA V SOUTH AFRICA

First Test: October 2-6, at Visakhapatnam

Second Test: October 10-14, at Maharashtra

Third Test: October 19-23, at Ranchi

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Biography

Favourite drink: Must have karak chai and Chinese tea every day

Favourite non-Chinese food: Arabic sweets and Indian puri, small round bread of wheat flour

Favourite Chinese dish: Spicy boiled fish or anything cooked by her mother because of its flavour

Best vacation: Returning home to China

Music interests: Enjoys playing the zheng, a string musical instrument

Enjoys reading: Chinese novels, romantic comedies, reading up on business trends, government policy changes

Favourite book: Chairman Mao Zedong’s poems

Updated: May 06, 2023, 9:48 AM