Browse content similar to 15/03/2016. Check below for episodes and series from the same categories and more!
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does the Bank of Japan have any more tricks up their sleeve? And, where | :00:00. | :00:00. | |
dinosaurs are the future, we take a look inside south-east Asia's | :00:00. | :00:13. | |
growing animation industry. Good morning, hello world. It is Tuesday, | :00:14. | :00:21. | |
glad you could join us. We start off with the Bank of Japan, the Central | :00:22. | :00:25. | |
Bank is set to reveal whether it will move on the costs of borrowing | :00:26. | :00:29. | |
again after a surprise cut in January which sent rates into | :00:30. | :00:35. | |
negative territory. The move failed to stop a rise in the young, and | :00:36. | :00:39. | |
there is speculation the bank will expand in the coming months to | :00:40. | :00:47. | |
counter the economy. Earlier I spoke to a representative from Capital | :00:48. | :00:52. | |
Economics. We still think they could expand and purchase a bit more, they | :00:53. | :00:58. | |
could cut the interest rate further into negative territory as well. We | :00:59. | :01:02. | |
think this might happen at today's meeting. The cut in January by the | :01:03. | :01:10. | |
Governor to negative interest rates has been very unpopular, not just | :01:11. | :01:20. | |
with the public but with his ally, Shinzo Abe Wegelius, there has been | :01:21. | :01:27. | |
a lot of controversy. He has spoken to the Parliament several times. I | :01:28. | :01:31. | |
think there is some misunderstanding, people think it is | :01:32. | :01:38. | |
very negative. It is exaggerated. That has been a small negative | :01:39. | :01:45. | |
impact on profits, but be key is to get the economy going. And to reduce | :01:46. | :01:53. | |
costs in the private sector. Long-term, this negative interest | :01:54. | :01:56. | |
rate will have an impact on the economy? It will, we have seen some | :01:57. | :02:04. | |
sharp drops in things such as copper. Also government bond yields | :02:05. | :02:10. | |
are not doing as well, the government interest... Basically, | :02:11. | :02:19. | |
pockets of positive change but the Japanese yen continues to strengthen | :02:20. | :02:25. | |
against the US dollar? Yes, the recent market turmoil has caused | :02:26. | :02:31. | |
some changes. The Bank of Japan house to restore confidence that | :02:32. | :02:37. | |
they are in control, they will probably have too resorted to asset | :02:38. | :02:41. | |
purchases because that seems to result in a big impact in markets. | :02:42. | :02:47. | |
And you have Shinzo Abe setting up fresh budget spending to provide | :02:48. | :02:50. | |
stimulus, when do you think that will happen? I think the current | :02:51. | :02:57. | |
supplementary budget, the upper house elections will take place in | :02:58. | :03:01. | |
July. He is trying to get a positive response from voters. The big | :03:02. | :03:06. | |
question is whether it will delay the sales tax hike next year. We | :03:07. | :03:09. | |
think it should, but the panel will have to make up its mind. Thank you | :03:10. | :03:23. | |
very much. Two other Business News, China's business group has made a | :03:24. | :03:27. | |
surprise takeover bid for the US Hotel group, Starwood. It is higher | :03:28. | :03:38. | |
than an already agreed takeover by Marriot. They acquired a New York | :03:39. | :03:52. | |
landmark, the Waldorf Astoria Hotel. A request has been made to ban | :03:53. | :04:06. | |
online services to the President. Others are arguing that new | :04:07. | :04:09. | |
technology should not be banned. Taxi companies have been lobbying | :04:10. | :04:13. | |
the Minister to protect them. Dozens of Malaysia journalist are waking up | :04:14. | :04:17. | |
without a job after the shop closure of the online news portal, the | :04:18. | :04:25. | |
Malaysian Insider. The country 's regulators have said it breached the | :04:26. | :04:30. | |
communications and multimedia act. The site lost most of its readership | :04:31. | :04:40. | |
and advertising revenues plummeted. 52 new media sites have been blocked | :04:41. | :04:43. | |
in the latest at the start of the year. Over the weekend, and ABC | :04:44. | :04:54. | |
cameraman were detained for approaching Najib Razak for an | :04:55. | :05:03. | |
interview -- two ABC cameraman. I think it could have been avoided, | :05:04. | :05:09. | |
you just need and funds to sustain it until you get advertising to | :05:10. | :05:17. | |
sustain it. I think our shareholders finally decided to pull the plug. | :05:18. | :05:26. | |
They decided the company was too big to sustain. Could this move have | :05:27. | :05:33. | |
been a suppression of freedom of speech and freedom of media? I would | :05:34. | :05:41. | |
not blame my shareholders for that. I think there are number of, | :05:42. | :05:47. | |
including the economy and the fact that most of the companies which | :05:48. | :05:49. | |
advertise online are linked to the government. That is one way of | :05:50. | :05:55. | |
controlling the media, by advertising online. You run out of | :05:56. | :06:03. | |
options for funding. Are we likely to see more shutdowns of news | :06:04. | :06:09. | |
websites in Malaysia, given that there is a lot of government | :06:10. | :06:15. | |
advertising? The website which was shut down two weeks earlier, they | :06:16. | :06:26. | |
are vocal and they say there are few other sites which will shut down. | :06:27. | :06:29. | |
The ones that remain will have to look at their business model and cut | :06:30. | :06:34. | |
their reliance on shareholders if they want to continue. That was our | :06:35. | :06:41. | |
representative from the Malaysian Insider. This story is one for of | :06:42. | :06:50. | |
all ages. Anybody who watched Tom and Jerry, Pokemon, and so it -- and | :06:51. | :07:03. | |
such animations, they will remember how successful it is. We went behind | :07:04. | :07:06. | |
the scenes of a single more animation production set to find out | :07:07. | :07:13. | |
why they are so popular. It is a friendly tale of prehistoric folk in | :07:14. | :07:16. | |
their time travelling adventures. Dinosaur train, made by American and | :07:17. | :07:21. | |
Singaporean production teams is the latest in a long line of animated | :07:22. | :07:26. | |
success stories. The writers maybe halfway across the world in the US, | :07:27. | :07:31. | |
but the on screen at work starts here. The first story is from our | :07:32. | :07:40. | |
partner, Jim Henson. Trains and dinosaurs are always a favourite | :07:41. | :07:47. | |
with kids. Transportation, a dinosaur, it is always a good topic. | :07:48. | :07:53. | |
Now we have a chance to write it. We put the elements altogether into a | :07:54. | :08:00. | |
dinosaur train. For nearly 40 years, Western Studios have established and | :08:01. | :08:05. | |
maintained production facilities in Japan and then across South-East | :08:06. | :08:08. | |
Asia. It is estimated that around 90% of all American animation is | :08:09. | :08:14. | |
co-produced in Asia. There is a reason, they say. Asian creativity. | :08:15. | :08:25. | |
When they look for a partner, people might have a misunderstanding that | :08:26. | :08:34. | |
they only use costing all prices as the only factor, or at least the key | :08:35. | :08:39. | |
factor to decide. That is true to a certain extent, but for high-quality | :08:40. | :08:45. | |
products, no. The coproducers look for reliability, and whether the | :08:46. | :08:53. | |
party can contribute creatively. In a highly creative and competitive | :08:54. | :08:59. | |
marketplace, animation companies, and go, not just in South-East Asia | :09:00. | :09:04. | |
but across the globe. It is really a case of survival of the fittest. | :09:05. | :09:12. | |
With series four of this reduction in progress, producers look for | :09:13. | :09:14. | |
inspiration around the world. The Asian animation industry could | :09:15. | :09:26. | |
appear to be far from extinct. The Asian stock markets. Investor | :09:27. | :09:36. | |
sentiments are generally weak. Wall Street trading was quite weak. We | :09:37. | :09:47. | |
are awaiting a decision from the Bank of Japan on monetary policy. | :09:48. | :09:56. | |
Thank you for investing your time with us. | :09:57. | :10:02. |