and japan calm to the world, only ruling japan for the people in japan, the people in america and people in the world, that is what we are aiming to bring about. if you are still in doubt about what i say it is probably because you have never gone through the organization, economic deflation. listen to what it is, it all started with the asset class bubble in the 1990s. at the end of 1989, about 389. about 39. it fell down by 7,000 yen. the land prices in major cities is deep in 1991, came lower by 87%. and 17, many effects had negative, many companies also have negative difficulties. only in reducing their balance. companies fully take back -- they are dead. rather than investing in new ideas, future growth, choose to minimize, having raised in song, unions want no layoffs so they chose to upset the pace. and gained balance. grows slowly because no one except for the government was willing. a vicious cycle, very persistent. imus telluride is like slow-motion. in its early stage it does not feel so painful. it is also left so that your purchasing power declined. it is already too late. t

this is to pull japan out of deflation. the central bank buys state bonds that mature in three years or less. they will consider buying more risky assets such as exchange traded funds. discussions will also be held on giving greater transparency on their bond buying programs. one supplies necessary funds to the market and the other is for the purpose of monetary easing. u.s. markets close lower. the dow jones closed at 14,550. for more on how stocks are trading here in tokyo let's go to ramin. he's at the tokyo stock exchange. investors are focusing more on the boj in the u.s. how are stocks trading? >> markets focused on the bank of japan policy meeting later today. markets have literally been buying into the aggressive talk of boosting growth here in japan, achieving the 2% inflation goal set by prime minister abe. today we're going to see what exact measures the central bank may take. let's have a look at the opening levels for april 4th here in tokyo. both indexes trading lower. the nikkei down by 2% and the topix down

. >>> bank of japan policymakers decide to pump more money into the system. they're trying to pull the country out of deflation. >>> welcome to nhk world "newsline." north korean military commanders seem to be raising the stakes. south korea's defense minister says they appear to have put a medium range ballistic missile into position. it's their latest threat in response to ongoing u.s./south korean military drills. defense minister kim kwan-jin spoke at parliamentary committee meeting. >> translator: it's not a long-range missile but it has considerable range. it could be for test firing or for drills. >> a recent u.s. intelligence image shows what looks like a ballistic missile being moved by train to east coast of north korea. the location of a launch site. kim's description matches that of a midrange missile known as musdun. the north koreans unveiled it in 2010 during a military parade. its estimated range of 3,000 to 5,000 kilometers puts it in striking distance of japan and a u.s. base on the pacific island of guam. south korean officials say they can

earnings in japan are under way as well with yahoo japan. they're all going to come out with earnings later today. that will be a big focus as well. back to you. >> thanks, ramin. that's it for me for now. i'll leave you with the market figures. >>> japanese prime minister abe defended visits by his cabinet ministers to a war related shrine. he says they should not bow to criticism from japan's asian neighbors. three ministers visited the shrine over the weekend. the shrine in tokyo honors japan's war dead, including some convicted of war crimes. the visits triggered protests from chinese and south korean officials. speaking in the diet, abe questioned the timing of those countries' complaints. he said china did not object to visits by japanese' leaders to yasukni when those convicted of war crimes were enshrined there in 1978. he said the chinese protests began only later and that south korean official began to strongly object only during the n the mid-2000s. >> translator: it is natural for us to pay our respects to the people who sacrific

five members are yet to sign off on japan's bid. they are the u.s., canada, mexico, australia and new zealand. pina expressed hi support for japan. preliminary talks are showing progress. the two sides have reportedly reaffirmed their position on key issues. the u.s. will be able to maintain tariffs on car imports for the time being. japan will allow fair competition in the insurance sector. the two parties reconfirmed japanese products will receive consideration regarding tariffs. those talks will be based on an assumption of mutual respect. u.s. markets ended higher on hopes of income earnings report will boost sentiment in the biggest economy. the dow jones industrial average closed. for more on how is to bes here are trading, let's go to ramin who is at the tokyo stock exchange. hello. assignments inv it seems investors are shifting focus. >> investigators have been cheering by the measures taken by the bank of japan. now the focus is on how that will benefit cooperations. let's have a look at opening levels for april 9th, tuesd

versus japan. we saw the huge rally that occurred overnight in japan. nikkei average up over 200 points. all the major japanese aprs trading up. what would be your instinct on what's happening in japan right now? >> maria, i've liked the u.s., china, and japan since last september. i would be more cautious on china. japan, the market's been down for 23 years with intermittent rallies. i would stay long japan, because they are flooding the system with money rather belatedly. the u.s., to me, i was heartened to notice that nouriel roubini agrees with my thesis about dawn of the american decade, and outlined many of the same theories i've talked about. energy revolution, money coming home, real estate turning. i think the u.s. is not just positioned for the next two or three years, but maybe the next five or ten, as the one true stand-alone economy in the world. and i'm beginning to develop that thesis more formally. and i think that, listen, while we may have a correction in stocks, i don't think it alters the long-term forecast, where the u.s. is the pre

the maritime self-defense force has dispatched two aegis destroyers to the sea of japan. the ships are equipped with an advanced radar system that can track missiles. they also carry sm-3 interceptor missiles. >>> operations have come to a standstill at a facility. once regarded as a symbol of cooperation between south korea and north korea. north korean officials warn that they would pull all staff from esong industrial complex. it appears they are true to their word. more than 50,000 people have not turned up for work. the industrial park began operations nine years ago. this is the first time it's been shut down. last week the north koreans began refusing entry to workers from the south. now employees from the north aren't there, either. officials in pyongyang say the closure may be permanent. >> closing it would be regrettable given that more than 50,000 north korean people are employed there, and it would not help them achieve their state of desire to improve their economy and better the lives of their people. >>> south korean president park geun-hye have criticized

japan controls the senkaku islands. china and taiwan claim them. >>> government officials in beijing have accused japan of making trouble over the islands which the chinese called dialou. a new defense ministry white paper refers to territorial disputes and other pacific region but japan is to only country singled out by name. the report says china's military must protect the country's sovereignty and marine interests. it also says naval fleets will develop their ability to carry out mobile operations. chinese warships were in the waters as reportedly part of an exercise. the document is the first defense white paper published since president xi jinping took office. a former navy captain gave us his take on where this new policy is headed under this new generation of leaders. >> the new leaders idea, of course, so they change the structure completely. the feature of the paper must be specific. they criticized japan as making trouble on the issue around the senkaku islands and criticized the united states to adjust their

that means a month to fix japan's entire fleet. japan's transport ministry officials say they may give the go-ahead this week for the airlines to resume flying their dreamliners. the jets could be back in the air as early as june. >>> officials at one of japan's biggest heavy industry firms are looking for ways to stay internationally competitive. they're reportedly discussing a merger with a ship builder. sources say kawasaki heavy industries and mitsui are in talks to integrate their businesses. between them the companies made more than $18 billion in sales as of fiscal 2011. a merger would create japan's second biggest heavy machinery company after mitsubishi heavy industries. the talks are an indication of how tough competition in ship building has become. orders received before the 2008 global financial crisis have mostly been met. new orders are scarce due to a glut of vessels. kawasaki and mitsui hope it will help them remain globally competitive in ship building as well as other sectors such as aerospace and marine energy d

i repeat, a magnitude 6 earthquake hit western japan. it occurred at 5:33 a.m. japan time. the epicenter was at a depth of ten kilometers. we'll bring you updates as they become available. >>> u.s. secretary of state john kerry has warned north korea to stop making threats. john kerry said it will be a grave mistake for them to carry out a test of a mid range missile. >> it is a huge mistake for him to choose to do that because it will further isolate his country. kim jong-un needs to understand, as i think probably does, what the outcome of the conflict would be. >> kerry spoke some seoul after a meeting with his counterpart. >> we are all united in the fact that north korea will not be accepted as a nuclear power. the rhetoric we are hearing from north korea is simply unacceptable. >> kerry met separately with president park. kerry is reported to say they should act with caution to keep the situation from escalating further. the meetings were aimed at diffusing tensions over north korea's missile threat and provocative rhetoric. nhk's anthony yazaki has more. >> reporter:

agreement will frequent japan's interests. i would like japan to join the tpp negotiations as soon as possible, and take the lead in the talks. >> abe said the tpp would be important for japan's economy and for national security. president barack obama's administration is leading the initiative. japan must win the approval of all 11 participating countrying to take part. they agree to a gradual reduction in tar riffs on vehicle imports and total elimination for as long as possible. they continue to discussion issues related to insurance and food safety. both sides they will work with some industrial goods. their goal is to take part in the talks. >>> the bank of japan governor repeated that the latest monetary easing policy does not constitute a manipulation of the foreign exchange market. >> translator: when a central bank takes a monetary easing policy, that country's currency tends to weaken against other currencies. but the boj monetary policy is aimed at pulled japan out of deflation. it will also have positive effects on

south korea, japan, and a u.s., china. >>> bank of japan officials are following through on their promise to pop more money into the economy. they decided to purchase the longest ever amount of long term japanese bonds in a single operation. officials hope that will encourage more lending to businesses. the boj decided to buy about $12 billion worth of bonds. it is ader approach to monetary easing pl officials said they will spend $10 billion on bonds with maturities of five to ten years. the rest for longer term bonds. investors will look to see -- it hit a record low last week before showing volatile fluctuations. the yield drifted down, closing the day a little higher at 0.525%. more about japanese government bonds, credit ratings agency moody says it will buy time, but it will not solve the country's strul economic problems. analysts said that the latest central bank program will help boogs the credit rating of japanese bonds, but they warn unless japan turns it's economy around, their bond deals will likely go up. international investors are waiting to outline strategies for growth.

the japan about. a horrific consequence of their mismanagement other economy how do we know if that's going to happen how do we know that's true if we can't rely on the price in other words if the price is broken as you've just described and we have no way of knowing therefore that the economy is broken because there's no way to judge that the economy is broken we just have a corrupt. cartel in place that is making money available cheaply to speculators who then in turn you money to destroy the price signal by just keeping the price of these futures markets completely under their thumb so how do we know it's broken if we don't get a good price like gold dust. well i think fundamentally the real issue is going to be what happens to the real economy how many people are unemployed how many people have income how many people feed themselves how many people can buy health care how many people can buy h.k.s. i think you getting to obsess about the finale i want to cut down or second because you say ok the r

i'll work hard for my children here in japan. >> reporter: many of the people who fled myanmar for japan in their youth are now experienced professionals, middle-aged or r. these former activists never dared hope for a time when their country would invite them to return. now that the call has come, they realize how strong their attachment has grown to their adopted country. nhk world, tokyo. >>> tokyo governor has used his trip to new york to promote his city's olympic bid. the japanese capital is competing against madrid and istanbul to host the 2020 games. he made a speech to the japan society, the biggest exchange group with the u.s. >> translator: it's impossible to host the olympic games without the passion of residents. the latest survey shows that 77% of the residents support the bid. >> he stressed the punctuality of tokyo's public transport systems and said the success of the city's annual marathon proves it is best qualified to host the games. roughly 10,000 volunteers take part in that event. inose also promoted tokyo's bid on a tv show at a new york-based station. the interna

yuan, imports from japan fell 16.6%. the spokesperson indicated that souring bilateral relations due to a territorial issue are casting a shadow on trade. >>> here are the latest market figures. >>> camera after camera caught a meteorite crashing into central russia. this is far from the only video of the incident in february. in fact, countless people were able to record it and it's a reflection of the changing fabric of russian society. nhk world reports from moscow. >> reporter: totally unexpected yet the camera is prepared. this fascinated viewers around the world. in this footage, an airplane crash crash crashes. it is almost impossible not to watch. all of them were shot in russia. they are captured by cameras mounted inside cars. dashboard cameras are sold at this electronic store in moscow. they are as popular as smartphones and navigation systems. their price has come down, too, to around $100. more than 1 million such cameras are estimated to be in use in russia. >> translator: it's like an airplane's flight re

-japan security treaty on september 8, 1951, in san francisco, he wrote that one day japan could work with the u.s. as an equal partner, to sustain the liberal international order. 62 years later, that aspiration still holds. it's my belief that japan has a normal responsibility to enhance peace, happiness, and democracy in the world. that's why, ladies and gentlemen, japan must begin its economic power, that's why we are working hard to turn around our economy, pushing what you call obi-economics. make no mistake we're pushing obinomics not only for the sake of economics, we are doing that precisely to make japan your reliable ally and the partner in peace, prosperity and democracy. that's a surprise to the tpp. in march, we said that we would be joined the tpp negotiations. last week, tokyo and washington reached an agreement about some of the issues we needed to solve in advance. now i am very much glad that we are on the right track to enter the negotiations. yes, the tpp is about the economic integration. but it is also much more than that. remember, japan is still the second big

. >> translator: i want people to now what makes japan special. >> reporter: japan sold about $130 million of confectionaries last year to people overseas. 30% more than ten years ago. japanese sweets are highly praised for their detailed craftsmanship and creativity. the government is studying ways to boost the local industry and including using these sweets to promote japanese culture overseas. if that happens, these beautiful and delicious japanese delicacies may soon be in shops all over the world where more people will be able to safer the sweet taste of japan. "nhk world" hiroshima. >>> the wther mht not be in good taste forsome in japan, raining all over the country. >> rain is falling across central japan. the rain is expected to extend to northern japan by this afternoon. and it looks like rain is going to be heavy across the pacific coast. rain is not going to last long. by tomorrow morning, things will be clearing up. clearing up across south korea. but unstable weather is continuing in northeastern china, where we are talking out thunderstorms and il tt are going to be a concer

ever since, he's traveled to events around japan. he shows his photographs and talks about the condition of the seafloor. >> translator: without that wreckage, the ocean looks scary at first. but in the end, the photos gave me hope. that was good. >> translator: i want to show new life emerging in the sea near the disaster area. i believe these photos will give hope to people who may have been discouraged before. >> reporter: at the end of february, he traveled to iwate prefecture. some fishermen had invited him to take pictures. the fishery is here among japan's top producers of abalone, sea urchin and other luxury seafood. but after the disaster, a lot of debris was carried out to sea. the fisheries have plummeted to 30% of previous levels. city officials had all the concrete rubble dumped into one area. they wanted to find out if sea urchin and abalone would attach themself to the debris. but the plan was put on hold. they hope business will resume first. so they thought he could give them a sense of what's going on under the surf

that's going to move across the sea of japan, move into the northern portions of japan, even isolated shower or two expected into tokyo on thursday. good news is that going into friday and eventually saturday, things are going to be improving after those showers push by by the end of your work week and really just much of the weekend looking much sunnier here. follow the front back towards the west. southeastern china, including hong kong, expect some thunderstorm activity here. temperatures in hong kong even reaching up near 30 degrees today. that's much the case across southeastern and central and eastern china. temperatures warming up. southerly winds and high pressure overhead here into the center of the country. chongqing at 26. going into friday and saturday that's going to be into 30s for you. shanghai even getting up near 30 degrees as well going through the weekend. enjoy these balmy temperatures out here. if you're north of the frontal area, you will see some sunny skies. south of it though is going to be rather rainy for you. let's look at the americas though. a frontal are

that unstable weather is expected for japan. we have a low pressure system containing cool air in the upper atmosphere, but the ground is going to be quite warm. because of the temperature difference we could see hail, thunderstorms and even tornados in central and eastern japan. so you may want to bring an umbrella. temperatures are not going to be too bad in tokyo. it 22 degrees. we are in the most colorful season of the year. i want to show you this video. 2,000 rhododendron bulbs are in bloom. it got warmer early this spring, so they blossomed earlier than usual. the garden is free of charge, and visitors will be able to enjoy these flowers until the end of may. as for china then, very warm for this time of year. 30 degrees and 31 in chongqing. now in north america it's mostly tranquil, but there are a couple things to talk about. the risk of severe weather will continue into the east coast of the carolinas. and rain is intensifying over the southern plains into your friday. hail and gusty winds are also expected. towards th

he's talking about japan. looking at the relationship between the two countries, how much has political dispute dragged down their own growth? >> well, we see this. you have to look at the relationship is very strong. they have very strong economic and financial ties. apart from that that japan and china have strong ties in the whole region. so we see there is still very solid basis for cooperation. much room for growth. and first a development. so i think this is something we would like to focus on. >> the value of japanese exports between 10% and 15% last year. >> that's right. but you have also to see that the value chain in other countries has been bmt up by the japanese. what you're seeing on the growth is that both countries are recording better growth than last year. we see also particularly in china that after some weakening last year, namely going from 9.3% in 2011 to 7.5% in 2012 that we are expecting, again, a pick up of growth in china and currency we're estimating a growth rate from 2013 in the or

china claims that japan stole the islands near the end of the war.5. china claims that japan stole the islands near the end of the war.95. china claims that japan stole the islands near the end of the war. >>> the flare-up of tension over the senkaku islands has coincided with a flight of fighter jet scrambles. self-defense force pilots took to the air more than 300 times in the past year to respond to chinese activity surpassing the number for russian planes for the first time. defense ministry officials say pilots made emergency take-office against foreign aircraft approaching japanese air pace 567 times from april 2012 to the end of march of this year. that's a 0-year high. the number of scrambles against chinese claims almost doubled from the previous fiscal year. they increased sharply after last september following the japanese government's move to nationalize the senkaku islands. a chinese government plane flew close to the island last year, the first intrusion into japanese airspace since the sdf began keeping records. >> translator: at this po

there, coming out of western japan due to this heavy rainfall. i guess we're going to look at the fronts, and we continue to watch that low pressure here, continue to pull off there towards the east. that rain is piling up there. we could be seeing upwards of 100 to 150 millimeters of rainfall. there could be continued landslides and flooding after this. we're going to be seeing the risk of low lying flooding. even some isolated regions could see upwards of about 100 millimeters. but the one thing i want to watch with us is that it continues pulling from the west. so seoul up to 17, and beijing up to 22 on your wednesday. you will want an umbrella throughout most of the day here. as we look at europe, we have several areas i want to key in on. several disturbances pushing up ahead. snow into northern portions of the scandinavian peninsula. in the u.k. and northern ireland you'll have some rain. expect it to continue. warm air is pouring in with that and temperatures will continue to rise up here. temperatures getting into the 20s, the high 20s he

japan's transport safety board and the u.s. national transportation safety board are still investigating what caused the excess current. all nippon airways and japan airlines have a lot invested in the 787 dreamliner. they want to get the plane back on the arrival and departure board right away, but some experts say the airlines need to be cautious. nhk world's chie yamagishi reports. >> reporter: crews at ana and jal have already begun work to repair the airliner 787s. boeing has delivered a total of 50 dreamliners to companies worldwide, but nearly half are in japan. ana owns 17 of them and jal has seven. spokespersons from both companies say it will take more than a month to repair the batteries and complete the repairs on all of those planes. boeing engineers maintain the aircraft will be safe once the necessary repairs are carried out. they say the overheating of batteries can be prevented by improving their heat resistance and insulation. but the exact cause of the malfunction hasn't been identified. some experts question

japan is the only country singled out by name. the report says the military must protect china's sovereignty and marine interest. they will develop their ability to carry out mobile operations. chinese warships patrol waters near the senkaku islands on wednesday as part of an exercise. the document is the first defense white paper since president took office last month. he's a security analyst. he gave us his take on where china's military policy is headed. >> it reflects the new leaders idea of course so they change the structure of contents completely. the feature of the paper must be specific. they criticize japan is making trouble on the issue of senkaku islands and also criticizing the united states to adjust their policy in the asia-pacific. they introduced the army structure in the second chapter, and also the number of soldiers, but it's also part of the -- not mentioned about the main three roles which are expected to be realized. the first one is defending the sovereignty and security. the second one is to guarantee the

japan must be at face and a sense shotmaker cain mused, japan must replace innovation. japan is not the cutting edge of a medical type ologies. to cite what she had been nobel prize winner said that is the closest to bringing the stem cell technology to the bedside. that is about it, ladies and gentlemen. once again, we are doing all that not only for the sake of the japanese, but also to make our allies stronger. at the end of the day, the u.s. is the biggest economic economy in japan so the second. together we can do a lot. this iso limit. thank you very much for your patience. thank you very much. [applause] >> thank you. i am michael green from csis. 25 years ago about this month i went to work in the japanese diet and make them pass past taro aso to make sure you didn't get any trouble. he failed, but i was correctly informed he was a rising star was not told you the japan's, let alone a skeet shooting bazooka wielding, but it's a good thing for japan and the economy is on the job. and they asked the first question about the third bazooka. i know you're waiting a f

japan and south korea the philippines those countries are also. would prefer washington's activity in that in the east asia region particularly in relation to the ceiling. in what in washington which i can reply to what we've already heard yes exactly because i mean you know basically the last thing we should expect last thing the chinese would expect or any other government to expect is that for the u.s. to act irrationally and you know i mean given that asia has about fifty five percent of the world's population it's more than thirty percent of world g.d.p. by another ten years asia will be more than us and europe combined by g.d.p. and so and of course you know economic power and military power. you know highly correlated in the medium to long term and so it's rational for the u.s. to be focusing in terms of quote unquote the paper economic political pay but towards asia that's number one number two is so we should not expect the u.s. to act irrationally and that's the invasion of iraq was a rational was and it wasn't that irrational and we of

japan and south korea the philippines those countries are also. would prefer washington's activity in that in the east asia region particularly in relation to the ceilings in what in washington which i reply to what we've already heard yes exactly because i mean you know basically the last thing we should expect last thing the chinese would expect or any other government to expect is that for the u.s. to act irrationally and you know i mean given that asia has about fifty five percent of the world's population it's more than thirty percent of world g.d.p. by another ten years there will be more than u.s. and europe combined by g.d.p. and so and of course you know economic power and military power. you know highly correlated in the medium to long term and so it's rational for the u.s. to be focusing in terms of quote unquote the paper economic political but towards asia that's number one number two is so we should not expect the u.s. to act irrationally and that's kind of the invasion of iraq was the rational was and it was an irrational and we of

., south korea and japan. security analysts believe their forces have completed preparations for the launches of an immediate range and short range ballistic missiles. top diplomats say the work with chinese leaders to try to rein in the north koreans. >>> john kerry made his first visit to japan as secretary of state. >> translator: we agreed that north korea should stop its provocative actions immediately and that we will show a firm stance on the denuclearization of the korean peninsula. we will never allow north korea to possess nuclear arms. >> we, japan, the united states and the other countries that i have met with in the last two days are committed to make that goal of denuke clarization a reality. >> kerry said he believes the chinese will take effective measures to row solve the crisis. he adiscussed the islands in th east china sea. he said they're trying to nurture a dialog with their chinese counterparts. kerry said u.s. officials remain neutral. >>> two more chinese people have died of the h7n9 s

japan is the only country singled out by name. the report says the military must protect china's sovereignty and marine interest. they will develop their ability to carry out mobile operations. chinese warships patrol waters near the senkaku islands on wednesday as part of an exercise. the document is the first defense white paper since president took office last month. he's a security analyst. he gave us his take on where china's military policy is headed. >> it reflects the new leaders idea of course so they change the structure of contents completely. the feature of the paper must be specific. they criticize japan is making trouble on the issue of senkaku islands and also criticizing the united states to adjust their policy in the asia-pacific. they introduced the army structure in the second chapter, and also the number of soldiers, but it's also part of the -- not mentioned about the main three roles which are expected to be realized. the first one is defending the sovereignty and security. the second one is to guarantee the

i'd like to run this program all over japan. and if the opportunity arises, i'd like to take it abroad. >> reporter: through his efforts, he has opened the curtains on a world that had never been available to visually impaired people. >>> paris has its opera house. new york has its carnegie hall and tokyo has a newly rebuilt landmark theater that had its opening on tuesday. foreign fans of this traditional art along with japanese follo r followers are watching to see what new culture will be rewritten. nhk reports. >> reporter: the sounds of drums welcomed back fans to kabuki's traditional home. followers of the centuries-old art beat a path to the door. >> translator: it's a once-in-a-lifetime event, so i'm so glad to be here. >> reporter: workers first built this theater more than a century ago. crews have rebuilt it several times after a fire in 1921, after bombing during the second world war, and again four years ago when they decided it needed another makeover. architects set the kabukiza within a structure that rises 29 st

bank of japan policy board meets on wednesday. both could dictate where dollar/yen trades in the days to come. let's have a look at the opening levels for today. we're seeing both indexes trading lower considerably. the nikkei down 2.3% and the top topix down 2.5%. we're weaker than what many had expected. some of the marketplace also warning that if the bank of japan policy meeting fails to inspire and if the u.s. jobs data falls short of expectations then stocks could take a bit of a hate especially with indexes just as the nikkei and the s&p 500 have been hitting highs. there's a bit of a concern. the nikkei has been down over 300 points in the first few minutes of trading. we could be seeing that slide correction right now in fact. we've also seen the yen regaining strength ahead of bank of japan meeting. that's also going to be very closely watched. >> seems like u.s. manufacturing data not helping the dollar too much. where do we stand this tuesday? >> the ism manufacturing data was in effect just having a look at some of th

. >> translator: japan is an important partner for russia. we have been building our relationships based on trust. we hope to further our ties in many different fields, including the energy sector. >> they grep agreedhat forei ministry shod mt once a year. >>> 10,000 u.s. servicemen and up to 200,000 south korean soldiers participated in exercises dubbed full eagle. u.s. military leaders say the exercises are designed to prove the troops readiness to defend south korea. security analysts said north korean forces were preparing to launch a ballistic missile. a statement was issued stating their previous assertions that the drills were training and not provocative. they remain on high alert. >> translator: we consider north korea's provocation imminent. we will continue to monitor its moves. >> they dismissed reports that authorities have stopped preparing for military action. kim said signals could be turned on and off. he said north korean commanders could be acting deceptively ahead of launch. south korean officials say all but seven of thei

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morning in 1945 japan experienced the evolution of war. bayonets and rivals, aircrafts the size of gnats made the seas vulnerable. the fire bombing of japanese cities was hell on earth. the war is finally over. the victors are delirious with joy. america has won what was felt to be a just war. the vanquished wallow and defeat. they are hungry for food they cannot produce. they have even lost a god for the emperor now is most assuredly mortal. in what must be one of the most ironies of history, america the destroyer will become america the builder. >> the japanese economic miracle is an american creation. if it were not for the united states, if it were not for the united states market there would be no japanese economic miracle. >> reporter: the miracle would begin with the american population of japan. the japanese were at best ambivalent. the americans were kind and general louse -- generous. since america won the war perhaps it would be a good idea to adopt the ways of the winner. schools were americanized and the american doctrine that

japan has already agreed to the u.s. retaining tariffs it imposes on imported from japan for the time being. japan agreed to increase the number of u.s. vehicles it imports only through document screening from the current 2,000 to 5,000. in the insurance sector the u.s. has been expressing concerns over japan post groups business. negotiations are near closing with japan promising to secure fair competition in that field. japanese agriculture products will receive some consideration regarding tariffs. the two sides decided to continue negotiations. japan needs the approval of all 11 countries involved in the talks for its participation. with the u.s. approval japan will speed up negotiations with canada, australia and new zealand to get their investment. delegates from malaysia are already taking part in the negotiations. some people there aren't happy about it. they say freer trade could stop them from getting the medicines they need. >> reporter: i'm standing in front of the u.s. embassy. people living here are rallyin

japan's measures including those of the bank of japan are aimed at ending prolonged deflation. i will, again, clarify this at the g-20 meeting. so there is no misunderstanding about how true policy objectives. >>> japanese entrepreneurs have had the chance to hear how to be successful from some of the best in the i.t. business. global tech leaders have urged them to expand their businesses with an open mind. executives of japanese i.t. firms organized an event under the them innovation in tokyo on tuesday. their aim is to foster venture businesses in the country the group invited leading i.t. professionals from abroad who have started their own companies or managed start-ups. a co-founder of smartphone operating system android shared a story andy rubin said the software was originally designed for digital cameras, but a sluggish camera market forced the firm to switch plans and target smartphones instead. >> you have to be flexible in your business, and you have to understand, if your plan isn't going to work, you have to change. so you have to be able to make decisions very qu

and the united states as an example of why i quantitative easing works so there isn't japan is a case study of why it works because japan still maintains a vibrant export market the economy is still functioning it's the model it's the poster child for the g. twenty so what it what do you see that everyone else seems have got wrong and in a global economy where so far we haven't seen the inflation we haven't seen the problems that everyone predicted would come with quantitative easing we're going to see inflation but that's a separate issue but let's look at japan ok the reason their export industries worked is in the first few rounds of course a t.v. easing and so forth the rest the world economy was ticking along which it's not the first thing is ok let's say we flood the system with money and devalue the yen the first thing is is it going to help the answer is probably not the reason japanese exports have relocated a lot of their plans. so they get the benefit of a week in the next problem is the companies in japan which export to companies which are such stasis sony and shop very v

well essentially japan has adopted the kazi strategy because having done nothing for a long period of time and the economy's in the doldrums they've now got a three pronged plan plan number one spend more money than you have so this could be a massive fiscal stimulus secondly central bank intervention interest rates have been zero for about fifteen sixteen is so the central bank is buying assets it's going to essentially double the money supply and double the size of the central bank balance sheet within a couple of yes' and only they get to do some structural reforms but it ain't going to work what do you think is going to well i mean cut in half or second because this idea that the pan is pursuing that they are engaged in more quantitative easing and of course they were the first major economy to go into this quantitative easing phase or up to quantitative easing around number four and it's used by other countries like the u.k. and the united states as an example of why quantitative easing works so there isn't japan is a case study of why it works because japan still maintains a vib

the senkaku islands are controlled by japan but claimed by china and taiwan. china's state-run media say the ships are part of their navy fleets, including a missile destroyer and a missile frigate. the vessels entered the waters on tuesday night and stayed until just before dawn the next day, after conducting drills in the western pacific. they practiced inspecting and seizing suspicious vessels. a reporter from the state run news agency on board the destroyer quoted a senior fleet officer as saying, the islands are an integral part of chinese territory. the officer also said it's perfectly legal and justifiable for the navy to navigate in the waters around the islands and that there is no cause for criticism. chinese media noted that april 17th is the anniversary of the signing of a treaty ending the sino-japanese war in 1895. china claims that japan stole the islands near the end of the war. >>> the flare-up of tension over the senkaku islands has coincided with a spike in fighter jet scrambles in japan to deal with aircraft from china. self-defense force p