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NAPLAN 2026 Results: Year 3 Numeracy Hits 4-Year Low as One in Three Students Fail Benchmarks
2026 NAPLAN results show Year 3 numeracy at 4-year low with one in three students failing benchmarks. Older students improve but younger learners struggle with basic maths skills.

Japan Tightens Permanent Residency: Income Must Exceed Average Household Level
Japan’s Immigration Services Agency tightens permanent residency rules, requiring applicants to earn above average household income and meet new pension and Japanese language standards.

Mäc-Geiz Closes 50 Stores as Insolvency Deepens; 1,175 Jobs at Risk
Mäc-Geiz household discount chain enters insolvency, plans to close 50 of 183 stores. 1,175 employees face uncertainty as restructuring begins.

LIC (NSE: LICI) Falls as India Plans to Sell Up to 6.5% Stake at ₹382 Per Share, Targeting ₹314 Billion ($3.3B)
LIC shares fell Tuesday, August 4, 2026, after the government launched a major stake sale. India will offload up to 6.5% of Life Insurance Corporation at a floor price of ₹382 per share. The Offer for Sale could raise roughly ₹31,000 crore, or about $3.3 billion. The floor price represents a 10% discount to Monday’s…

Itochu Posts Record Q1 Profit of ¥293.7B, Launches ¥300B Buyback on August 3
Itochu (8001.T) posts record Q1 net profit of ¥293.7B, up 3% YoY, and launches ¥300B share buyback. Core earnings surge 38%. Meyka rates stock A- with Buy recommendation.

Hughes Files Chapter 11 as $1.5B Debt Comes Due; DISH Faces Restructuring
Hughes Satellite Systems files Chapter 11 bankruptcy with $1.5B debt due. EchoStar subsidiary lost 59,000 broadband subscribers in Q2 as Starlink competition intensifies. DISH parent company restructuring continues.

UK State Pension Rises 4.3% to £12,548: What Retirees Need to Know
UK state pension to rise 4.3% to £12,548 annually under triple lock. Older pensioners gain £413 per year. Final figures released in September.

22-Year-Old Woman Dies After Jet Ski Collision in Hyogo on August 2
A 22-year-old woman died after being hit by a jet ski in Hyogo. Police are investigating the 21-year-old operator for professional negligence resulting in death.

Ichikawa Apartment Blast Injures 22, Gas Leak Suspected on August 01
A three-story apartment building explosion in Ichikawa, Chiba Prefecture injured 22 people and damaged nearby structures on August 1, 2026. Gas leak suspected as cause.