Transcripts For KCSM Newsline 20150324 : vimarsana.com

KCSM Newsline March 24, 2015

Developed drone. Military officials announced earlier in the month that the unmanned craft successfully testfired rockets. Members of special antiterror units marched in front of foreign diplomats. Pakistan authorities announced that their armed forces have killed more than 2,000 islamic militants in massive operations since last june. These follow an attack on an airport in the largest city of karachi. The extremists have retaliated. Theyve killed numerous civilians in attacks at tourist destinations and schools. People in japan will observe a solemn homecoming for nationals killed last week in tunisia. The bodies of three japanese victims of the terror attack in tunis are on their way home. Theyre among 21 People Killed by gunmen targeting foreign inging foreign tourists. A plane carrying 49yearold Chiemi Miyazaki her 22yearold daughter haruka and 66yearold Machiyo Narusawa left a tunisian airport on monday. Theyre expected to arrive tuesday afternoon. Tunisian Authorities Say four men were involved in the bardo museum in the capital. Two were shot dead by security forces. Authorities have arrested others with suspected links to the attackers and theyre looking into how the members are connected to islamic extremist groups. Japanese police are conducting their own investigation into the shooting rampage. Theyve set up a 60member team to look into the deaths as suspected murder. They will apply the japanese penal code for crimes committed abroad. They plan to interview the three japanese tourists injured in the attack and theyre considering whether to send officers to tunisia. Shinzo abe is preparing to head to washington on a visit focused on deepening trade and military ties. And hell become the first japanese Prime Minister to address a joint session of the u. S. Congress. Chief cabinet secretary Yoshihide Suga announced abes itinerary. He revealed the Prime Minister will visit the u. S. For eight days late next month. Translator abes next visit to the United States will have great significance, showing the world the strength of the japanu. S. Alliance. Abe will become the first japanese Prime Minister in more than five decades to address congress, and he will be the first to address a joint session of the senate and house of representatives. Abes expected to discuss various issues with president barack obama including revisions to the u. S. Japan defense cooperation guidelines and negotiations for the Transpacific Partnership. The president of indonesia is visiting japan for the first time. Joko widodo met on monday with the emperor and empress of japan and Prime Minister shinzo abe. Joko visited Emperor Akihito and Empress Michiko at the imperial palace. The emperor asked him about the Current Situation in aceh which was struck by the indian ocean tsunami in 2004. Joko said 99 of the reconstruction is now complete. He expressed his appreciation for japans support. Later in the day, joko met Prime Minister abe. They discussed business ties and Maritime Security cooperation. Translator japan and indonesia are both maritime democratic nations in asia. I would like to dramatically strengthen our mutually Beneficial Partnership and contribute to peace and prosperity in the region and the world. Translator first of all, id like to say that i am very grateful for your warm welcome. Today id like to discuss cooperation between indonesia and japan. The leaders issued a joint statement on plans to promote Economic Cooperation including greater japanese investments in indonesia and increased trade. The countries will arrange ministeriallevel talks on Building Infrastructure in indonesia. Japan will also help indonesia improve its Maritime Security capabilities, port facilities, and marine industries. Investors on tokyo markets are taking the leading index higher and higher. Ai uchida joins us now from the business desk to tell us all about it. The nikkei staying at levels we havent seen in years. Whats behind the buying spree . Thats definitely the trend, catherine. Investors around the world pouring into tokyo stocks because they think Major Companies here in japan are going to be reporting improved earnings. Investors think this is going to lead to higher wages and support a solid recovery in consumer spending. Now that tokyos benchmark nikk weeks in a row, the buying momentum has taken a bit of a back seat this morning. Still the nikkei is within reach of the 20,000 mark which is a level investors havent seen since april 2000. Thats nearly 15 years. So lets go straight to where the action is. Ramin mellegard joins us from the tokyo stock exchange. Good morning, ramin. Tell us what youre saying over there. Very good morning, ai. Nearly 15year wait. We have to wait just a little bit longer. Markets have dipped just a touch. Lets have a look at the exact opening levels for the nikkei and the topix. For tuesday march 24th. And were just down a touch but still 19,740 on the nikkei. Yesterday the nikkei closed at yet another 15year high. Foreign investors are looking very closely at japanese stocks which have outperformed many of their peers so far this year. Stronger corporate profits have provided pretty good reason for investors to pile into japanese stocks. Now, analysts are tell us that investors mostly keen to snap up shares with higher dividend payouts which must be bought before the end of the fiscal year here in japan, which is fast approaching. In fact, it will be the last trading day of march. So a big focus on Dividend Payments and how thats pushing the nikkei higher. Ai. Speaking of which, which companies or which sectors in particular are you watching today . Analysts have been pointing out quite a few companies in particular like canon, murata manufacturing, as well as those in the drug sector. Many of which have taken a lot of steps to attract investors domestic and overseas of course because of the higher dividend payouts. And analysts are saying that total dividend payouts may actually hit record highs for this fiscal year ending in march. Also despite the slight pause in the rise or advance of the dollar were also still seeing a lost buying and exporters across a lost different sectors with overseas investors taking a very keen interest in japanese shares right now as well. Ai. Talking about currencies. Extending the slide against the euro and the yen. Where are the pairs now . Exactly. Weve seen it coming off just a little bit. Lets have a look at the exact levels. 119. 7779. Its come off those multiyear highs at the 122yen level set two weeks ago. Traders relate mulling over a potential delay in the timing of the rise in Interest Rates in the United States. A little bit of hesitation over the recent sharp gains. The euro has jumped 1. 3 against the dollar from the same time yesterday. Single currency is gaining ground against the yen. 131. 0712 euro yen. We also have some interest in the asian region today. Were going to have the china flash mpc manufacturing pmi data due out later this morning. That will give some direction to the regions indexes. Also any contraction about growth levels in china will have repercussions of course for a lot of resourcerich countries in the asian region. For instance australia, which is of course china is australias biggest trading partner. Well keep an eye on those sectors as well. The nikkei and topix still in the negative. Well see how that develops. Back to you, ai. Well check in with you in a few hours time. Senior officials from japan and the u. S. Are back to the negotiating table. Theyre trying to lay the foundations for a major trade deal covering 12 countries in the asia pacific region. And this time theyre focusing on tariffs for auto parts. Japanese ambassador for economic diplomacy takeo mori is in washington for the Transpacific Partnership talks. Acting deputy u. S. Trade representative wendy cutler is also taking part. Officials with the japanese contingent are calling for the prompt removal of tariffs on auto parts going to the u. S. U. S. Officials say they should be allowed to restore the tariffs if people on the japanese side dont open their market. Completing trade promotion legislation and tpp and ttip is the highest priority for this administration. And i believe that these will get done. Theyre not easy. Its never easy to do new trade deals. Lawmakers in the u. S. Are debating a law that would let president barack obama push the tpp quickly through congress. Some are strongly opposed to the idea. Negotiators are concerned the debate could cause more delays for the tpp talks. People in the u. S. Administration are changing their tone on a major project spearheaded by their counterparts in china. One official says washington would welcome a beijingled International Bank as long as it works with other financial institutions. Treasury undersecretary for International Affairs nathan sheets released a comment on the Asian Infrastructure investment bank. He said the u. S. Would back the fund if it strengthened support for developing countries. Sheets said the bank could help promote highquality standards by cofinancing projects with the world bank or the Asian Development bank. Finance leaders from 33 nations including britain germany, and france say theyll support beijings initiative. Thats the latest in business for this hour. The nikkei is now flat. Well keep track of trading for you. Heres a check of markets. The japanese government has lent tens of billions of dollars to the operator of the Fukushima Daiichi plant to help the company deal with compensation demands since the Nuclear Accident four years ago. Now officials at the board of audit say it could be decades before the company is able to repay the loans. The government issued bonds worth about 75 billion to help tepco cover the cost of compensation. The money is mainly intended for evacuees and for decontamination work. The government plans to recover the loans gradually through annual repayments and profits through the sale of tepco shares. But some experts say the total amount could exceed current estimates. Translator tepco will face in 30 years the additional cost of disposing all the waste generated by decontamination work. On top of that the company will have to pay for the dismantling of Fukushima Daiichi and for the extraction of the fuel debris. Tepco officials estimate total compensation costs for the victims of the Nuclear Accident will reach a total of 47 billion. They say theyll need another 8 billion to decommission the reactors and deal with contaminated water. About 3. 7 billion will also be required to inspect and maintain related facilities until fiscal 2022. Government auditors point out problems with a system to treat contaminated water. Tepco has been using a purifying system built by French Company areva. But it failed after only three months in operation. The auditors are urging tepco to seek compensation from the manufacturer if its found responsible for the malfunction. Utility Officials Say theyre considering the proper course of action. A controversial plan to relocate a u. S. Military facility in southern japan has hit another roadblock. The governor of okinawa has taken the First Step Towards making defense officials reconsider the construction of the base. Nhk worlds Jun Yotsumoto explains. Translator i instructed Defense Ministry officials to stop all work that would change the conditions of the sea zone. Reporter okinawa governor Takeshi Onaga urged defense officials to comply with the government, he said if they dont he will revoke the approval to destroy the reefs, a necessary step in the construction of the u. S. Military facility. Onaga says its highly likely that the defense personnel has caused damage to reefs outside the approved construction zone. Japans top Government Spokesperson says they dont accept onagas request. Okinawas move to suspend the government at this stage is extremely regrettable. We had obtained construction approval from discussions. Reporter other government Officials Say they may take a countermeasure to continue the plan. Present in japan since the end the u. S. Military has been present in japan since the end of world war ii, but a crime nearly two decades ago turned Public Opinion in okinawa against hosting american soldiers, and the relocation of the base has been a thorn in japanu. S. Relations ever since. In 1995 three u. S. Servicemen were charged with the rape of a 12yearold local girl. People in okinawa took to the streets to show their anger over the attack, and government officials from both countries agreed to abolish the air station and return the land to the people of okinawa. But the agreement fell far short of what many local people wanted. Both governments announced that futenma would be relocated within okinawa, reclaiming the coastal area along the northeastern shore. In 2013 Prime Minister shinzo abe announced measures to revitalize the prefectures economy. He promised to allocate the equivalent of 2. 9 billion to okinawa each year for eight years. The then governor hiro azakaima approved the plan shortly thereafter. Last year a new governor was elected who was opposed to the plan. Takeshi onaga wants to get rid of futenma altogether. Okinawa is japans southernmost prefecture. The island district accounts for less than 1 of japans land, but it hosts more than 70 of the u. S. Military facilities in the country. Onaga says japanese people must share the burden of hosting u. S. Forces if the forces are essential to the countrys security. Jun yotsumoto, nhk world, tokyo. A u. S. State Department Official has urged japan to stick with the original plan for the relocation of the base. Construction of the replacement facility is a result of many years of sustained work between the u. S. And japan. Its also a critical step toward realizing the shared vision of u. S. Forces to okinawa. The u. S. Spokesperson believes construction on the facility will proceed as planned. A chinese skipper has been convicted of poaching coral in japanese territorial waters. Xu yijong was arrested last october for taking coral off the ogasawara islands 1,000 kilometers south of tokyo. A District Court sentenced him to 18 months in prison suspended for five years. He was also fined more than 30,000. The presidetion judge said he threw the coral into the sea to cover up his act. But he added that other poachers have also caused damage. Coast guard officials have spotted more than 200 chinese boats in japans waters and exclusive Economic Zone near the waters since last october. Theyve arrested 11 people. Five have been indicted. Mondays ruling was the first among the cases. Senior officials from japans Ruling Coalition and the Chinese Communist party have agreed that ties between the countries must be improved. Liberal Democratic Party secretarygeneral sar kaz yue tanigaki and komeito secretarygeneral are visiting beijing. Theyve met yu xinsh nechlt a senior official of the xhienz communist party. Both sides agreed to resume exchanges between the ruling parties of the two countries. Yu duchd on japanese Prime Minister shinzo abes plan to issue a statement to mark the 70th anniversary of the end of world war ii. He called on japanese leaders to uphold past statements including the one by former president tomic hichlt murayama. In 1995 murayama expressed deep remorse and offered a heartfelt apology for japans past colonial rule and aggression. Tanigaki said japan will continue to be a peaceloving nation as abe has repeatedly stressed. He said he believes the statement should not be something that chinese leaders should worry about. China and russia have been strengthening their diplomatic and commercial ties. But People Living in one border town in china are worried about their future. They used to see russian tourists in their shops and restaurants. But they dont so much anymore. Now that their neighbors economy has gone from supercharged to sluggish. Nhk worlds Alexander Kuznetsov reports. Reporter the chinese town of suifenhe lies on the border with russia. Over the past decade it has grown steadily. Especially because of lumber imports from russia. At the same time suifenhe has been developed as a destination for tourists from russias forest province. Previously half a million visitors traveled here each year. But these days there are almost no russian visitors to be seen. Sunday afternoon in suifenhe, not too many russian tourists you can see nowadays in the streets. Some shops already closed. Even one of the most popular restaurants is shut down due to the number of visitors significantly decreasing. The tourists are no longer coming, and that is mainly due to the rubles 50 plunge against the yuan over the past year following the west sanctions over the ukrainian crisis. This Childrens Clothing shop opened eigh

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