Sept 19th, 2018


1)   The start of a second round of trade talks between Japan and the United States will be delayed until after fresh tariffs imposed on China by the United States come into force on Sept 24, a Japanese government source told Reuters.

2)   The Tokyo Organizing Committee of the 2020 Olympic and Paralympic Games and the Tokyo Metropolitan Government has decided to pay volunteers 1,000 yen a day to cover their transport expenses regardless of the venue they are sent to.

The committee will start accepting applications on Sept 26 for 80,000 volunteers who will assist in the management of the Games and 30,000 volunteers who will guide visitors to and around the event venues.

3)   Shinzo Abe is poised to win a third term as head of his political party on Thursday, putting him on track to become Japan’s longest-serving prime minister and realize his dream of reforming the constitution.

Polls show Abe, 63, is expected to romp to victory in a two-horse race for the leadership of his conservative Liberal Democratic Party (LDP) that will effectively hand him three more years as PM.

4)   Japan’s export growth accelerated in August from the previous month as shipments to the United States grew as Tokyo looks to avert a trade war through talks with Washington expected later this month.

However, the trade data also showed imports from the United States surged 21.5 percent in August, led by aircraft and liquefied natural gas, cutting Japan’s trade surplus with the United States by 14.5 percent year-on-year to 455.8 billion yen ($4.06 billion).

5)   The leaders of North Korea and South Korea have signed a joint declaration after concluding their 3rd summit talks.

The declaration states that North Korea is ready to permanently dismantle its nuclear facility in Nyongbyon, on the condition that the United States takes reciprocal actions.

6)   US spaceflight venture SpaceX says Japanese entrepreneur Yusaku Maezawa will become the first private passenger to fly around the Moon on its next-generation rocket.

SpaceX CEO Elon Musk made the announcement alongside Maezawa at a rocket factory in Los Angeles on Monday. Maezawa is the CEO of Start Today Company, which operates the major online fashion website ZOZOTOWN.

7)   China’s leading online travel agency says Japan will be the top destination for Chinese travelers during the upcoming holiday week. said on Tuesday that a record of nearly 7 million Chinese are expected to travel overseas during the week, which begins October 1st, the day China commemorates its foundation.

Sept 19th, 2018