Tokyo - Young Japanese animation artists are hit hard by the global economic crisis, despite growing international interest in animated movies from the country, an industry representative said Wednesday.
"Many cannot find the financial means to create their own works. Some do not have a business future," said Kei Shozuzawa of THINK Corporation, a Japanise animation company at the outset of the Tokyo International Anime Fair, one of the world's largest animation industry events.
Tokyo - Japan's central bank on Wednesday kept its benchmark interest rate unchanged at 0.1 per cent but decided to step up its purchases of government debt.
The Bank of Japan is to increase its monthly purchases of long-term government debt from 1.4 trillion yen (14.21 billion dollars) to 1.8 trillion yen to inject liquidity into money markets and prevent the rise of long-term interest rates.
Washington - The space shuttle Discovery was nearing the International Space Station for a planned docking later Tuesday.
The Discovery is to deliver the fourth and final solar panel to the International Space Station on a construction mission that will enable it to double the size of its crew to six astronauts. Three spacewalks are planned to install the solar panels and conduct other construction projects.
The mission will also deliver Japanese astronaut Koichi Wakata, who is slated to join the permanent crew on the orbiting space station.
New Delhi, Mar. 17 : Japanese companies should look at more trade opportunities in India and its tertiary industries as India has opened up sectors like finance, retail and applied research industries , said Dr. Masanori Kondo, Senior Associate Professor of Economics, International Christian University, Tokyo. He was addressing a seminar on “Japanese Business in India: Strengthening Ties”; organised here today by the Confederation of Indian Industry (CII).
As Japan is seen making gains only in capital intensive markets in India , this is an opportune time for Japanese companies to improve their business image in India, he said .
Tokyo - Japan's central bank on Tuesday announced it would purchase subordinated loans worth 1 trillion yen (10 billion dollars) issued by commercial banks to help improve their capital ratios, so that they can lend more money to businesses.
The Bank of Japan (BoJ) decided on the move at a policy board meeting Tuesday as funding conditions tighten in the money market before the current fiscal year ends on March 31.