Share prices fell sharply in Thursday's trading in Tokyo following the drop on New York stock exchange.
Japanese Prime Minister Shinzo Abe says he will visit China later this month to meet President Xi Jinping and Premier Li Keqiang.
The replacement for the famous Tsukiji wholesale food market in Tokyo has held its first auctions.
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Key words : share prices sharply following
https://www3.nhk.or.jp/nhkworld/en/news/20181011_34/
Tokyo share prices plunged, following sharp drops in New York. The benchmark Nikkei Average briefly fell more than 1,000 points.
The Nikkei 225 ended Thursday's session at 22,590. That was down 915 points, or 3.9 percent, marking the third-largest drop this year.
Other major indices in the Asia and Pacific region were also sharply lower. The Shanghai Composite touched a year's low.
Wall Street on Wednesday set the pace for the losses in Asia. The Dow Jones Industrial Average plummeted more than 800 points, or 3.1 percent.
Rising bond yields and lingering worries over the trade dispute between the US and China were the main factors driving down share prices.
Many investors sold stocks in New York because higher long-term interest rates raise companies' borrowing costs, eroding their corporate earnings.
Stocks dropping also took a toll on the dollar. Traders unloaded the greenback, briefly sending it to the 111-yen level for the first time in 3 weeks.
Key words : share prices sharply decline
https://www3.nhk.or.jp/nhkworld/en/news/20181011_31/
Tokyo's benchmark Nikkei Average dropped more than 1,000 points in afternoon trading on Thursday. That's the first time it's fallen that far during trading since March.
The Nikkei Index has fallen more than 4 percent from Wednesday's close. It fell below the 23,000-level for the first time since mid-September. All sectors are trading lower.
Other major indices in the Asia and Pacific region are also down sharply. That includes the Shanghai Composite, Hong Kong's Hang Seng and Seoul's KOSPI.
The declines are mainly due to overnight drops on Wall Street. The Dow Jones Industrial Average plummeted more than 800 points, or 3.1 percent, on Wednesday.
Rising bond yields and lingering worries over the trade dispute between the US and China were the main factors driving down share prices.
Many investors sold shares in New York because higher US long-term interest rates increase borrowing costs for companies, eroding their earnings.
The dollar is also dropping. The slide in share prices triggered selling of the greenback, briefly sending it to the 111-yen level for the first time in 3 weeks.
Key words : Abe visit china premier
https://www3.nhk.or.jp/nhkworld/en/news/20181011_43/
Japanese Prime Minister Shinzo Abe says he will visit China on the week after next and meet President Xi Jinping and Premier Li Keqiang.
Abe revealed his schedule at talks in Tokyo on Thursday with the head of the Chinese Communist Party's International Department, Song Tao.
Abe told Song that this year marks the 40th anniversary of the bilateral peace and friendship treaty, and that ties have been improving. Abe expressed hope for further improvement.
Song expressed sympathy for a series of recent natural disasters in Japan.
He said the international situation has become increasingly unstable and uncertain with serious and complex changes taking place.
Song said despite this, Japan-China relations are returning to a normal track. He welcomed the improvement in ties.
Key words : tsukiji market famous
https://www3.nhk.or.jp/nhkworld/en/news/20181011_09/
The replacement for the famous Tsukiji fish market in Tokyo has held its first auctions.
At 5:30 AM, the sound of a bell signified the start of bidding on Thursday.
Rows of tuna went up for sale in rapid succession as auctioneers called out to draw in buyers.
Speaking prior to the auction, the president of a fish wholesaler said opening of the new market in Toyosu is the start of a fresh era. Hiromi Amino said he will make every effort to pass along the skills, expertise, and traditions the industry gained through more than 80 years of business in Tsukiji.
Amino also called for concerted efforts to establish a new Toyosu brand that will surpass Tsukiji's by thriving for the next 100 years.
The Tokyo Metropolitan Government spent over 5 billion dollars to build the new market. The Tsukiji market shut down after 83 years of history on October 6th.
The new site covers an area of 407,000 square meters, 1.7 times as large as Tsukiji.
Unlike the partially open-air Tsukiji facility, the Toyosu market is in a multi-story building, which officials say is designed to better control temperatures and enhance cleanliness.
A series of issues has caused the metropolitan government to delay implementing the transfer.
Toxic chemicals had been detected in soil and groundwater at the Toyosu site, and the cleanup effort was botched.
Observers say Tokyo needs to continue monitoring the safety of the Toyosu market and to thoroughly disclose information so that it inherits Tsukiji's brand recognition.
Meanwhile, the fire agency in Tokyo says a small dolly truck caught fire at Toyosu early Thursday morning.
Nobody was injured during the 20 minutes it took to put out the blaze. Officials suspect the cause was an electrical fault.
Key words : news key word today a new market Tokyo
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Key words : dismantling
https://www3.nhk.or.jp/nhkworld/en/news/20181011_45/
Workers have begun dismantling facilities at Tokyo's Tsukiji food market following its relocation to the nearby Toyosu waterfront area.
The last trading took place on Saturday, and the market finally closed on Wednesday.
Workers set up fences around Tsukiji market on Thursday morning. In the afternoon, they used heavy machinery to demolish the building where fruits and vegetables were bought and sold.
Tokyo officials say they will follow special procedures for buildings that contain asbestos. Rats will also need to be exterminated.
The demolition of the 155 buildings is scheduled to be completed by February 2020.
The site will be temporarily used as a parking space by athletes and officials during the Tokyo Olympics and Paralympics in 2020.
Officials will compile a draft plan for redeveloping the site by the end of next March.
Key words : United States tighten investment
https://www3.nhk.or.jp/nhkworld/en/news/20181011_22/
The United States is tightening its oversight on foreign investment. The move is an apparent attempt to stop Chinese firms from acquiring sensitive US technology.
Treasury Department officials said on Wednesday the Foreign Investment Committee will start requiring foreign companies to report their investments in the US even when the amount is relatively small. It says the regulation will not target specific countries.
But US media are reporting that the measure is aimed at curbing investments by Chinese firms.
The new regulation covers 27 industries, including aerospace, semiconductors, computers and defense.
The committee screens foreign investment projects on national security grounds.
If it determines that a project could pose a security risk, the president can block them.
The administration of President Donald Trump has been wary of critical technologies moving abroad.
In September last year, Trump issued a decree to stop a Chinese investment fund from buying an American semiconductor maker.
Key words : US congregational
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Key words : space agency postpone captured
https://www3.nhk.or.jp/nhkworld/en/news/20181011_39/
Japan's space agency says it will postpone landing its Hayabusa2 probe on the asteroid Ryugu until at least next January. The landing was planned for late October.
The Japan Aerospace Exploration Agency, or JAXA, said on Thursday that Ryugu has a rocky surface and further examination is needed to land the spacecraft safely.
In late June, Hayabusa2 reached a point 20 kilometers from the asteroid, which is about 300 million kilometers from Earth.
The probe has been observing Ryugu and carried out tests to approach the asteroid.
JAXA said images of Ryugu captured by robots show that it is a cluster of bumpy rocks. Researchers also found that it has a limited number of flat surfaces.
Key words : Russia spacecraft
https://www3.nhk.or.jp/nhkworld/en/news/20181011_50/
Russia's manned Soyuz spacecraft has had a partial engine shutdown soon after lifting off from Kazakhstan on Thursday. Russian space agency officials say the 2 crewmembers on board made an emergency landing and that both are safe.
The Soyuz launched from the Baikonur space center in the Central Asian nation shortly before midnight, local time. Its second-stage engine stopped about 2 minutes later.
The Russian and US astronauts separated their capsule before parachuting out of the craft.
The officials say they believe the capsule touched down on grassland in Kazakhstan.
Rescuers are heading to where the capsule is believed to have landed.
The TASS news agency quoted Russian officials as saying they will suspend the Soyuz project.
Key words : nobel urged
https://www3.nhk.or.jp/nhkworld/en/news/20181011_37/
The Japanese immunologist who won this year's Nobel Prize in Physiology or Medicine has urged Japan's health minister to promote preventive healthcare.
Tasuku Honjo, a distinguished professor at Kyoto University, paid a courtesy call on health minister Takumi Nemoto on Thursday.
Nemoto congratulated Honjo on winning the Nobel prize. The minister said immunotherapy is an epoch-making development, and he intends to provide more government support for medical research.
Honjo said he is glad because patients have told him they recovered because of the drug that his research helped to develop. But he said some patients also complain about the high prices of drugs.
Honjo said snowballing medical costs have become a big problem in Japan, so he wants the health ministry to focus on preventive healthcare.
Nemoto responded that preventive healthcare is one of his ministry's key policies and he is committed to the issue.
Key words : top science
https://www3.nhk.or.jp/nhkworld/en/news/20181011_40/
The University of Tokyo is to offer classes at a top science university in Vietnam. It hopes to encourage Vietnamese students to study at the campus in Japan's capital.
The project involves University of Science, Vietnam National University, Hanoi.
An event to mark the launch of the project was held at the university's campus in Hanoi on Thursday.
Teaching staff from the University of Tokyo will give classes in English to second-year students majoring in chemistry or environmental science. They will use English versions of textbooks from the University of Tokyo's Engineering Department.
The university says Japanese companies will provide equipment for classroom experiments.
University officials hope to attract more talented students as Japan seeks ways to cope with population decline.
The project leader, Professor Takehiko Kitamori, believes that gifted young people have an important role in supporting Japanese science and technology.
He says universities around the world are competing for the best students, and he hopes his university can attract such talented people by expanding this kind of project to other fields and other countries.
Key words : passport ranking
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Key words : world bank index
https://www3.nhk.or.jp/nhkworld/en/news/20181011_41/
The World Bank has launched an index that measures how the health and education of children affects future productivity.
The bank's president, Jim Yong Kim, unveiled the index on Thursday in the Indonesian island of Bali, where the World Bank is holding an annual meeting.
The Human Capital Index predicts what level of wealth children in a country can expect by the time they turn 18, scored from zero to one.
The more a nation invests in health and education, the higher the score. For example, children in an economy with a rating of 0.5 can expect to earn only half of their potential lifetime income.
Singapore received the highest score of 0.88, followed by South Korea and Japan. Some other countries in Asia also ranked high, as did European nations.
Chad was at the bottom with a score of 0.29. Many other African countries also ranked low.
President Kim said he hopes the research will be a wake-up call for world leaders, especially in Africa, to improve human resources development.
Kim also said, "We need to fundamentally change the urgency with which we invest in our people."
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