i'm raja pradhan with the news from tokyo.e begin in the united states, where the republican national convention kicks off in a few hours. donald trump will be officially nominated as the party's presidential candidate. while democrats held an entirely virtual convention last week, the republicans are planning a scale-down, in-person gathering starting m monday i in charlott north carolina. a total of 336 delegates, six from each state and territory, will attend and renominate the president. the convention runs through thursday. republicans will stress trump's efforts to curb the spread of the coronavirus and seek conservative support on gun ownership. the trump campaign unveiled its key policies for its second term aheaead of the convention. on foreigngn policy issues, und his american first mantra, trump is vowing to make u.s. allies pay their fair share of defense costs, and also withdraw u.s. troops from iraq and afghanistan. relations with china are emphasized. he's pledging to bringng back 1 million manufacturing jobs fr

i'm raja pradhan in tokyo. coming up next is "newsline biz" with ramin mellegard so don't go away. >>> this is "newsline biz." i'm ramin mellegard. now, it's been just over a month since japan's government started a campaign to boost domestic tourism amid the coronavirus pandemic. so far trips to and from tokyo have been excluded due to the scale of the outbreak there. but a minister says that could change after experts meet next month. the go-to travel campaign kicked off in late july offering discounts from trains to hotels. there are also plans for discounts to use in souvenir shops and restaurants. on wednesday the minister in charge of the coronavirus response says experts think new cases in tokyo likely peaked in late july. but he added the outbreak in the city still needs to be monitored closely. >> translator: we'll decide whether to include trips to and from tokyo after ann expert panl analyzes the outbreak next month. >> chief cabinet secretary suga yoesh hee da says adding the capital to the list wou

i'm raja pradhan in tokyo.up next is "newsline biz" with ramin mellegard, so do stay with us. >>> honda motors unveiled its first electric vehicle for the japanese market. it wants to offer a cleaner alternative for traditional cars as more people worry about the state of the environment. the company says the compact ev can be used for tasks such as commuting or shopping. the car can travel 300 kilometers on a single charge. drivers can unlock or start the vehicle with a smart phone. it comes with a high-tech hands free parking system. the car goes on sale from late october with a price tag starting at 4 1/2 million yen or about $4$43,000. the automaker hopes to sell 1,000 of the vehicles eaeach ye. other japanese car companies like toyota, nissan and mazda are gearing up to get new evs on the road this year and next. this is "newsline" biz, i'm ramin mellegard. the chief executive of video sharing app tiktok has quit just months after starting the job. that comes as washington steps up pressure on the firm and

i'm raja pradhan in tokyo.oming up next is "newsline biz" with ramin mellegard. ♪ >>> tokyo's benchmark stock index rose sharply on tuesday, just about returning to where it was before the start of the coronavirus pandemic. the nikkei average ended at 23,296 up about 310 points or 1.35%. the gains came after the dow jones industrial average in new york reached a six-month high overnight. stocks rallied after the u.s. government approved a potential treatment for covid-19. from february to march, the nikkei dropped about 30% but has snapped back by 40%. investors are closely watching developments toward any new vaccine, but analysts say it's far from clear whether the recovery trend will continue as there are many uncertainties around the coronavirus situation. >>> this is "newsline" biz, i'm ramin mellegard. itochu held a 50.1% stake in the subsidia subsidiary, raising the bid to 57.7%. family mart is trying to revamp its business model in the face of challenges. the impact from the coronavirus has clouded its

i'm raja pradhan with the news from tokyo. we begin here in japan where the country's longest serving prime minister is stepping down. abe shinzo announced his intention to resign on friday citing worsening health. he said a chronic condition has made it difficult t to fulfill s duties. >> translator: i have to fight this illness and undergo treatme treatment. my physical condition is not good, and i will be in pain, but that should not be an ekts cues to makee mistakes in important political decisions or fail to produce outcomes. as i am not a physical condition to fulfill the mandate of the people, i am going to step down. oo >> abe said he's been diagnosed with ussive kol lieive earlier this month. kol lieive forced him to resign as prime minister 13 years ago after holding the post for one year. he said he thought this was the best timing to step down because the number of new coronavirus infections are beginning to decrease and the government has compiled a set of antivirus measures ahead of wintnter. still he apologized

they raja pradhan also warned the uae and states that may follow must be responsible for the consequences>>> trump has voiced his first criticism over the arrest of the founder of the hong kong newspaper "apple daily" which is known to be critical of china. it's owner jimmy lai and nine pro-democracy activists were arrested on suspicion of violating hong kong's new national security law. theyey were later released on bail. >> we gave tremendous incentives to hong kong because of freedom. we want freedom. and we were giving tremendous economic incentives to hong kong, and we have now withdrawn all of those incentives, and it will be impossible for hong kong to compete with the united states. >> trump also said he hates to see what is happening to hong kong. last month following china's implementation of the new law, he signed an executive order ending the preferential economic and trade treatment the u.s. had granted hong kong for years. the remarks are trump's first direct criticism of china over the matter. secretary of state mike pompeo and other members of his administration have denou