1. Japan’s Prince Hisahito, the son of Crown Prince and Princess Akishino and the second in line to the throne, has visited Ise Jingu shrine in central Japan. He went to the shrine in Mie Prefecture on Monday to report that he had completed his coming-of-age ceremony at the Imperial Palace in Tokyo on Saturday.
2. Revised government data show Japan’s economy grew faster than initially estimated in the April-June quarter, thanks mainly to brisk private consumption. The Cabinet Office says inflation-adjusted gross domestic product rose 2.2 percent in annualized terms in the period, up from a preliminary reading of 1.0 percent. On a quarter-on-quarter basis, real GDP grew a revised 0.5 percent.
3. Japan’s main ruling Liberal Democratic Party plans to discuss how to choose its new leader after Prime Minister Ishiba Shigeru announced his decision to step down. Former LDP Secretary-General Motegi Toshimitsu has announced to run in the leadership race. Ishiba said sat Sunday’s news conference he thought now is the right time for him to step aside as negotiations on US tariff measures have achieved a significant step, and it is time to pass the baton to his successor.