Showing posts with label Japan. Show all posts

Wednesday 15 October 2014

U.S. encouraged by progress with Japan on Pacific trade pact, but 'tough' issues remain

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(Reuters) - Progress in U.S. talks with Japan towards a Trans-Pacific Partnership trade pact is encouraging, but difficult issues remain, the acting deputy U.S. trade representative said on Wednesday.

Hopes of sealing the deal this year took a blow last month, when talks between the two nations seen as key to concluding the ambitious 12-nation trade pact hit a snag, with each side blaming the other for a stalemate over farm exports.

The United States insists that Japan lower barriers to agricultural imports, but Japan wants to protect sensitive products, including pork, beef, dairy and sugar.

"We were encouraged by the progress we made this week during our negotiations, but we need to underscore that the issues before us are tough," Wendy Cutler told reporters at Japan's foreign ministry, following four days of talks with Japan's deputy chief negotiator, Hiroshi Oe.

"Our hope is that ... Japanese negotiators will be bold."

Cutler said the two sides had agreed to a meeting between officials next week in the Australian capital of Canberra, after which they would move negotiations to Sydney ahead of TPP ministerial meetings on both agricultural products and autos.

U.S. President Barack Obama has said he hoped to have a TPP deal by year-end, but many experts are skeptical the group's two biggest economies can make the necessary compromises.

Other TPP partners are reluctant to commit to final offers until they see how the two resolve their differences.

Obama spoke with Japanese Prime Minister Shinzo Abe on Wednesday morning but Abe later told reporters there were no specific proposals on the TPP talks during their 25-minute telephone conversation.

The two reconfirmed their determination to resolve all outstanding issues, however, Chief Cabinet Secretary Yoshihide Suga told a news conference.

"It is best to work all this out as soon as possible," he added.

Asked about the timing of a bilateral pact, Cutler said only that the two sides were "working as hard and creatively as possible" and hoped to conclude the overall TPP talks as soon as they could.

Top negotiators of nations involved in the TPP talks meet in Australia next week ahead of ministerial discussion and then further talks at an Asia Pacific Economic Cooperation summit in Beijing next month.

The 21-nation APEC grouping includes Canada, Mexico, Russia and the United States and accounts for about 40 percent of the world's population, 55 percent of global gross domestic product and 44 percent of world trade.

Sunday 12 October 2014

India lashed by big cyclone; typhoon hits Japan

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(AP) — Heavy rains and gusts ripped through a large swath of India's eastern seaboard, uprooting trees and snapping power cables as a powerful cyclone swept through the Bay of Bengal and slammed into the southern city of Visakhapatnam, one of two storms pounding Asia on Sunday.

In Japan, at least 35 people have been reported injured as Typhoon Vongfong, packing winds of up to 180 kilometers (110 miles) per hour, unleashed rains and gusts on Okinawa and was aiming at the next island of Kyushu, where authorities told 150,000 people to evacuate.

Cyclone Hudhud, described as "very severe" by India's meteorological department, packed winds of 195 kilometers (120 miles) per hour when the edge of the storm hit land, Chief Staff Officer of India's Eastern Naval Command Rear Admiral S.K. Grewal told reporters. The cyclone's wind speed dipped to about 160 kph (99 mph) , but would pick up again as the tail end of the storm follows later Sunday, he said.

At least two people were reported dead — one from a wall collapse and the other when a tree toppled over.

Visakhapatnam, which was bearing the brunt of the cyclone's fury, is one of the largest cities in southern India and a major naval base.

At least 400,000 people have been evacuated from the coastal areas of Andhra Pradesh and Orissa states. Hundreds of shelters have been set up to house the evacuees.

Experts said that the storm was likely to cause widespread devastation along nearly 300 kilometers (185 miles) of India's coast. Television footage from Visakhapatnam showed downed electrical poles, uprooted trees and massive debris strewn in the streets.

Grewal said that 30 diving and 20 rescue teams were on standby.

Hundreds of rescuers of India's National Disaster Response Force were also spread out across the two states.

Electricity lines have been disconnected in separate parts of Andhra Pradesh to avoid electrocutions, Arvind Kumar, a relief and rescue official told reporters.

Four districts in Andhra Pradesh state that are home to more than 14 million people — Srikakulam, Vijayanagaram, Visakhapatnam and East Godavari — are likely to be worst hit, including about 350 coastal villages.

The Indian Ocean is a cyclone hot spot. Of the 35 deadliest storms in recorded history, 27 have come through the Bay of Bengal — and have landed in either India or Bangladesh. In 1999, a cyclone devastated Orissa's coastline and killed at least 10,000 people.

While India has a disastrous record of response to natural calamities, it managed last October to safely evacuate nearly a million people out of the path of Cyclone Phailin, the strongest tropical storm to hit India in more than a decade. Phailin destroyed hundreds of millions of dollars' worth of crops after it made landfall in Orissa, but claimed only about 25 lives.

Japan's Meteorological Agency said Typhoon Vongfong could reach the Tokyo area by Tuesday, gradually losing strength as it moves up the archipelago. Authorities issued landslide warnings and strong winds knocked out power lines, temporarily halting bullet train service for several hours on Kyushu.

The U.S. military on Okinawa, where last week's typhoon killed three U.S. airmen who were washed out at sea, instructed personnel and their families to remain indoors Sunday until strong winds and rain subsided.

Wednesday 8 October 2014

U.S., Japan eye closer security ties in Japan defense pact update

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(Reuters) - Japan and the United States agreed on Wednesday to map out how they will work together if Tokyo needs to use force to help protect a friendly country under attack, as they update defense cooperation guidelines for the first time in nearly two decades.

The development follows Prime Minister Shinzo Abe's historic step away from Japan's post-war pacifism in July, when the Japanese government reinterpreted pacifist Article 9 of the constitution to end a ban that has kept its military from fighting abroad.

The interim report on the update, which is intended to give general direction of the revision, is attracting close attention from China and South Korea, which suffered from Japan's aggression before and during World War Two.

Tokyo and Washington also said they would build a seamless security framework to better defend Japan and extend the areas of cooperation to space and cyberspace.

"The two governments will take measures to prevent the deterioration of Japan's security in all phases, seamlessly, from peacetime to contingencies," the interim report said.

The United States is obliged to defend Japan under their bilateral security treaty.

The first guideline update in 17 years comes as Japan faces tough security challenges from an island spat with China and North Korea's missile and nuclear projects, and as the United States tries to shift its diplomatic and security focus to Asia.

When defense and foreign ministers from the U.S. and Japan, the world's largest- and third-largest economies, met in Tokyo last October, they agreed to update the defense cooperation guidelines by the end of 2014 to respond to the changing security environment in the region and beyond.

"These revised guidelines will capture the greater scope of our alliance cooperation, reflecting its more global nature," a senior U.S. State Department official said on condition of anonymity.

"By clearly describing how the United States and Japan will operate in each of these areas during peacetime, during low-level gray zone provocations or during an armed attack, the revised guidelines will provide the policy direction for a stronger alliance, more capable of deterring threats and contributing to global security," the official said.

China on Wednesday expressed concerns that the update would broaden the bilateral alliance beyond its historical mandate.

"The Japan-U.S. alliance is a bilateral arrangement set up under specific historical conditions. It should not exceed its bilateral scope and should not harm the interests of third parties, including China," Chinese foreign ministry spokesman Hong Lei told a news conference in Beijing before the interim report was released.

"We are paying close attention to Japan and the United States' relevant moves to adjust their defense cooperation guidelines," Hong said.

Some countries in the region including China, South Korea and Australia had been briefed on planned changes in the guidelines, the U.S. state department official said.

The new guidelines will specify bilateral cooperation in the event that a country close to Japan is attacked and the use of force allowed under the July decision to lift a ban on exercising the right of collective self-defense, or aiding an ally under attack, the interim report said.

In the new guidelines, Japan and the U.S. will also agree to cooperate in such areas as peacekeeping operations, maritime security and logistics support, in a bid to promote regional as well as global peace and security, the interim report said.

Efforts by Japan and the United States to strengthen their security ties could be put to the test soon as the United States carries out attacks on Islamic State targets in Syria and Iraq, analysts said.

"The Obama administration has found itself having no option but to take military action, and it may turn into a quagmire," said Tetsuro Kato, political science professor at Waseda University.

"There is bound to be a request to Japan (for support), and that's the request Japan needs to meet."


Sunday 5 October 2014

Japan volcano victims leave photos of last moments

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(AP) — The victims include hiking enthusiasts from a major insurance company. Members of a group of nature lovers studying wild plants. A construction manager who snapped about 100 photos — found on his scratched and dented camera — to show his wife what she was missing because she had to work that day.

More than 50 people died when Mount Ontake, a popular hiking destination in central Japan, erupted without warning on Sept. 27 in the country's deadliest volcanic eruption since World War II.

Together, they paint a typical picture of weekend recreational hikers in Japan. A few children and senior citizens, but mostly middle-aged working people enjoying the first Saturday of the fall foliage season.

Most were between 30 and 59 years old, and lived within a few hours' drive or train ride from the mountain. Three were children, and only five were 60 or older.

"The best season for the leaves just started, the weather was beautiful, it was the weekend, and it was lunchtime," said Masahito Ono, a Nagano prefecture tourism official.

Hiking has become one of Japan's most popular outdoor activities. The core fans are middle-aged climbers with some experience, but there are a growing number of beginners: health-conscious senior citizens and fashionable women who sport a casual "mountain girl" look. The number of hikers in Nagano surged to 730,000 last year, a 30 percent increase from five years ago.

With modest slopes and a ropeway that takes visitors part way up, 3,067-meter (10,062-foot) Mount Ontake is one of the easier climbs in the region, recommended as a day-trip for beginners. Several hundred people are believed to have been on the mountain when it erupted at 11:52 a.m.

Rescuers have found 51 bodies, and at least a dozen other people are still missing. Most of the bodies were found at the summit, with others on a trail a short way down.

Hideomi Takahashi, 41, was among nine climbers from a major Japanese insurance company, Sompo Japan Nipponkoa Holdings Inc. They worked at two branches near Tokyo. Only three survived.

At Takahashi's funeral on Thursday, his family showed a close friend an iPhone with at least six photos from what would be the last few minutes of his life: a cotton candy-like cloud floating next to the mountain in a clear blue sky, a sacred gate to a mountaintop shrine, some of his colleagues making their way up. The last photo, apparently shot by a colleague, shows Takahashi standing next to the "Mount Ontake summit" sign, giving a thumbs-up.

"When I saw the iPhone still worked, I thought it's like a miracle," said the friend Hiroyuki, who asked that only his first name be used after he was criticized online for posting some of the photos on Twitter. He has since taken the tweets down.

Takahashi seems happy in the final photo, but he's not quite smiling. "Maybe he saw signs of the eruption," Hiroyuki said, adding he has trouble accepting that his best friend died, leaving behind his wife and two children.

Construction company employee Izumi Noguchi, 59, was climbing alone, as his usual hiking companion, his wife, Hiromi, had to work, she told Japanese broadcaster NHK and other TV stations. His compact camera was banged up, but the memory chip inside was undamaged. She printed all 100 shots. The last one is of an enormous plume billowing from the crater behind a mountaintop lodge.

"This is an amazing photo. But I wish he had fled instead of taking pictures. I'd rather have him back," Hiromi said. "I hope to hike up there someday, perhaps 10 years later. I want to see what my husband saw."

Yasuo Ito, 54, didn't even have time to eat the lunch he packed.

His wife, also named Hiromi, told NHK that Ito, a prefecture-funded housing agency employee, was among six members from a nature conservation volunteer group. Only three survived.

She identified his body Thursday and received his ash-coated knapsack. She pulled out a lunchbox, which survived despite cracks on a side, then opened the top. His handmade egg salad sandwiches were untouched.

"Poor thing, he should have eaten this," she said. "He must be getting hungry by now."





Wednesday 1 October 2014

Bodies found on Japan volcano, raising toll to 48

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(AP) — One body recovered near the volcano's summit was in a squatting position and had to be dug out of a thick layer of ash. Another was caught between huge boulders bigger than large refrigerators. Police who recovered a dozen bodies on Wednesday portrayed a painful scene of death around the summit where hikers enjoying a weekend autumn hike were caught by the mountain's surprise eruption.

The death toll from Saturday's eruption in central Japan rose to 48 after Wednesday's search, conducted as some ash and gases spewed from the crater, Nagano police said. Searchers carried devices to measure the toxicity of the gases to make sure it was safe to be on the slopes.

Ground Self-Defense Forces helicopters brought the bodies to the foot of Mount Ontake. Prefectural and police officials said most bodies were found around the summit, where many climbers were resting or having lunch at the time of the eruption. Other victims were found at a slightly lower elevation that reportedly had little place to hide.

Nagano police riot unit leader Mamoru Yamazaki described the rescue scene as "severe."

His team, part of hundreds of rescuers, found the bodies outside of a lodge just below the mountaintop shrine and on a hiking trail leading to the area, Yamazaki said.

Rescuers used a special cutting machine to retrieve the body stuck between the two huge rocks, he said. Many bodies were half-buried in the ash, others even deeper, he told reporters.

Yamazaki said rescuers retrieved all of the bodies that were visible, indicating that few, if any, people are still missing. Authorities have not released any updates on the number of missing because of conflicting initial information but have said they were checking closely.

Medical experts who have examined some of the nearly 70 injured told Japanese media that many of them had bruises, cuts and bone fractures on the back, an apparent sign they were hit by rocks flying out of the volcano as they fled down the slope. Some of them were badly coated with ash and had to be carefully washed to reach the skin surface.

Before Saturday, seismologists had detected signs of increased seismic activity at Mount Ontake, one of Japan's 110 active volcanos, but nothing signaled a fatal eruption.

Survivors said huge boulders fell from the sky and billowing gray smoke cast total darkness over the mountain minutes after the eruption. Their stories indicated that those who managed to hide behind big rocks or escaped into nearby lodges survived.

World's 1st bullet train, made in Japan, turns 50

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(AP) — It was, retired Japanese railway engineer Fumihiro Araki recalls, "like flying in the sky."
Zipping cross-country in a super-high-speed train has become commonplace in many countries these days, but it was unheard of when Japan launched its bullet train between Tokyo and Osaka 50 years ago Wednesday.

The Shinkansen, as it's called in Japan, gave a boost to train travel in Europe and Asia at a time when the rise of the automobile and the airplane threated to eclipse it. It also was a symbol of pride for Japan, less than two decades after the end of World War II, and a precursor of the economic "miracle" to come.

The Oct. 1, 1964, inauguration ceremony was re-enacted at Tokyo Station on Wednesday at 6 a.m., complete with ribbon cutting. The first bullet train, with its almost cute bulbous round nose, traveled from Tokyo to Osaka in four hours, shaving two and a half hours off the 513-kilometer (319-mile) journey. The latest model, with a space-age-like elongated nose, takes just two hours and 25 minutes.

Araki, now 73, drove the Shinkansen briefly in the summer of 1967 as part of his training as a railway operations engineer. Last week, he slipped back in time as he sat in the driver's seat of one of the early model bullet trains at a railway museum outside of Tokyo. He pulled a lever on the control panel, looking straight ahead as he was trained, though all he could see were other museum exhibits.

"It was like flying in the sky, it was that kind of feeling," said Araki, the acting director of the museum. "On a clear day, you could see Mount Fuji, and riding atop the railway bridge at Hamanako lake was very pleasant. It felt like you were sailing above the sea."

Monday 29 September 2014

5 More Bodies Found At Japan Volcano; Toll Now 36

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(AP) — Toxic gases and ash from still-erupting Mount Ontake forced Japanese rescue workers to call off the search for more victims Monday as dozens of relatives awaited news of their family members.

Rescuers found five more bodies near the summit of the volcano, bringing the death toll to 36. They have managed to airlift only 12 bodies off the mountain since the start of the eruption on Saturday because of dangerous conditions.

How the victims died remains unclear, though experts say it was probably from suffocating ash, falling rocks, toxic gases or some combination of them. Some of the bodies had severe contusions.

Survivors told Japanese media that they were pelted by rocks from the eruption. One man said he fled with others to the basement of a lodge, fearing that the rocks would penetrate the roof.

Yuji Tsuno, a veteran mountain photographer, was near the summit. After taking pictures of the initial explosion as ash and debris rained down, he quickly took refuge in a nearby hut, he told the TBS TV network.

About 20 minutes later, when the smoke partially subsided, he rushed out and began his descent. It was a gamble, but he believed it was his only chance, he said.

"I almost thought it was the end of my life," he said in the interview.

On his way down, he spotted a man heading up. "I told him to go down with me, but he said he had to check on his child up there. I couldn't stop him," Tsuno said.

The eruption caught seismologists by surprise. Although somewhat increased seismic activity had been recorded for about two weeks, there were no indications of a major eruption, said Satoshi Deguchi, a Japan Meteorological Agency official in Nagano prefecture. Typical signs, such as increased seismic rattling or underground structural movement, were not detected.

Japanese TV showed soldiers carrying a series of body bags on Monday morning to a military helicopter that had landed in a relatively wide-open area of the now bleak landscape, its rotors still spinning.

The bodies were flown to a nearby athletic field and then taken to a small wooden elementary school in the nearby town of Kiso, where they were being examined in the gymnasium.

Family members of the missing waited at a nearby municipal hall.

More than 200 soldiers and firefighters, including units with gas detection equipment, were part of the search mission near the peak, said Katsunori Morimoto, an official in the village of Otaki.

The effort was halted because of an increase in toxic gas and ash as the volcano continued to spew fumes, he said, adding that the rescuers reported a strong smell of sulfur.

The eruption was the first fatal one in modern times at the 3,067-meter (10,062-foot) mountain, a popular climbing destination 210 kilometers (130 miles) west of Tokyo. An eruption occurred in 1979, but no one died.

The mountain began erupting at perhaps the worst possible time, with at least 250 people taking advantage of a beautiful fall Saturday to go for a hike. The blast spewed large white plumes of gas and ash high into the sky, blotted out the midday sun and blanketed the surrounding area in ash.

Hundreds were initially trapped on the slopes, though most made their way down by Saturday night.

About 40 people who were stranded overnight came down on Sunday. Many were injured, and some had to be rescued by helicopters or carried down on stretchers.

Japan's Fire and Disaster Management Agency said 59 people had been injured, including 27 seriously. It was trying to determine if any people were still missing.


Recovery Of Bodies Suspended At Japanese Volcano

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(AP) — Japanese soldiers managed to bring down eight more bodies by helicopter from the ash-blanketed peak of a still-erupting volcano on Monday, before toxic gases and ash forced them to suspend the recovery effort in the early afternoon.

At least 31 people are believed to have died. Four victims were flown down Sunday, and rescuers had returned to 3,067-meter (10,062-foot) Mt. Ontake to try to recover the remaining 27. Exactly how they died remains unclear, whether from gases, suffocating ash, falling rocks or other causes.

Scenes broadcast live on Japanese TV station TBS showed soldiers carrying yellow body bags one-by-one to a camouflage military helicopter that had landed in a relatively wide-open area of the now bleak landscape, its rotors still spinning.

The bodies were flown to a nearby athletic field, its green grass and surrounding forested hills contrasting with Mt. Ontake's ash-gray peak in the background, a reduced plume still emerging from its crater.

The bodies were then taken to a small, two-story wooden elementary school in the nearby town of Kiso, where they were being examined in the gymnasium.

Family members of the missing waited at a nearby municipal hall.

More than 200 soldiers and firefighters, including units with gas-detection equipment, were part of the search mission near the peak, said Katsunori Morimoto, an official in the village of Otaki.

The effort was halted because of an increase in toxic gas and ash as the volcano continued to spew fumes, he said. "It sounds like there is enormous ashfall up there."

Some rescue workers near the summit had retreated to lower areas to stand by. The rescuers reported a strong smell of sulphur earlier this morning, Morimoto said.

The four brought down Sunday have been confirmed dead, said Takehiko Furukoshi, a Nagano prefecture crisis-management official.

The 27 others are listed as having heart and lung failure, the customary way for Japanese authorities to describe a body until police doctors can examine it.

Saturday's eruption was the first fatal one in modern times at Mount Ontake, a popular climbing destination 210 kilometers (130 miles) west of Tokyo on the main Japanese island of Honshu. A similar eruption occurred in 1979, but no one died.

Japanese media reported that some of the bodies were found in a lodge near the summit and that others were buried in ash up to 50 centimeters (20 inches) deep. Police said only two of the four confirmed dead had been identified. Both were men, ages 23 and 45.

Mount Ontake erupted shortly before noon at perhaps the worst possible time, with at least 250 people taking advantage of a beautiful fall Saturday to go for a hike. The blast spewed large white plumes of gas and ash high into the sky, blotted out the midday sun and blanketed the surrounding area in ash.

Hundreds were initially trapped on the slopes, though most made their way down by Saturday night.

About 40 people who were stranded overnight came down on Sunday. Many were injured, and some had to be rescued by helicopters or carried down on stretchers. By nightfall, all the injured had been brought down, officials said.

Japan's Fire and Disaster Management Agency tallied 40 injured people, three seriously, and said it was trying to update the number still missing.

Survivors told Japanese media that they were pelted by rocks. One man said he and others went into the basement of a lodge, fearing that the rocks would penetrate the roof. He covered himself with a futon, a thin Japanese mattress, for protection.

"Even small eruptions can cause major damage if people are around, as they get hit by rocks that come flying," Nagoya University volcanologist Koshun Yamaoka said at a news conference Sunday.

Volcanoes can also kill by spewing toxic gases and lung-choking ash.

Shinichi Shimohara, who works at a shrine at the foot of the mountain, said he was on his way up Saturday morning when he heard a loud noise that sounded like strong winds followed by "thunder" as the volcano erupted.

Japan's SoftBank in talks to buy DreamWorks

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(Reuters) - Japan's SoftBank Corp (9984.T) is in talks to acquire DreamWorks Animation SKG (DWA.O), the Hollywood studio behind the "Shrek" and "Madagascar" movie hits, a person with knowledge of the situation said.

An acquisition of DreamWorks by SoftBank would make it part of a cash-rich Japanese communications and media company that, under founder and chief executive Masayoshi Son, has shown a willingness to take big bets on combining disparate businesses.

The talks were first reported by the Hollywood Reporter, which quoted an unidentified source as saying a buyout would value DreamWorks at $3.4 billion.

The entertainment trade publication said SoftBank had offered $32 per share for DreamWorks, a substantial premium to the stock's Friday closing price of $22.36.

Buying DreamWorks, which is headed by veteran Hollywood producer and film executive Jeffrey Katzenberg, would make SoftBank the second Japanese technology company to buy a Hollywood studio, following Sony Corp (6758.T), which bought Columbia Pictures in 1989.

SoftBank has recently cashed in on a share of its investment in Chinese e-commerce giant Alibaba and dropped its pursuit of mobile carrier T-Mobile US (TMUS.N) in the face of opposition from anti-trust regulators in the United States.

Last week, SoftBank booked a $4.6 billion gain on the share listing of Alibaba Group in New York (BABA.N). SoftBank retains a 32 percent stake, making it Alibaba's biggest shareholder.

SoftBank has significant stakes in other large listed entities, including U.S. mobile carrier Sprint (S.N), through which it had pursued a deal for T-Mobile, internet portal Yahoo Japan (4689.T) and online games maker GungHo Online Entertainment (3765.T).

A SoftBank spokesman said the company had no comment on the reported talks with DreamWorks. A representative of DreamWorks could not be immediately reached for comment.

MOVE INTO CONTENT

In July, SoftBank hired former Google (GOOGL.O) executive Nikesh Arora to run a newly created unit called SoftBank Internet and Media, reporting directly to Son, in a move that stoked speculation the telecommunications company could be considering a move to acquire content production assets.

SoftBank held the equivalent of more than $17 billion in cash and equivalents as of the end of June, its most recent reported quarter.

DreamWorks, based in Glendale, California, has seen its share price has drop 37 percent this year after two consecutive quarterly losses, a string of weak-performing releases such as "Mr. Peabody & Sherman" and investor concern about the production costs of its movies.

In July, DreamWorks said the U.S. Securities and Exchange Commision was investigating a writedown it took at the end of 2013 on the animated flop "Turbo".

Dreamworks Animation was spun off from DreamWorks Studios in 2004 as a separate listed company.

The earlier Dreamworks studio had been founded in 1994 by Steven Spielberg, David Geffen and Katzenberg, who moved with the spin-off and remains chief executive of the animation company, which also has the franchise hit "Kung Fu Panda" and owns the rights to Felix the Cat.

The move by SoftBank comes as Alibaba is also looking to expand its video content offered through a set-top box in China. In July, the company announced a partnership with Lions Gate Entertainment (LGF.N) for its titles including "The Hunger Games".

Sony rebuffed a proposal from hedge fund Third Point to spin off its entertainment business last year in order to separate it from its loss-making electronics division.

Sunday 28 September 2014

3 Rescued, 32 Missing As Volcano Erupts In Japan

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(AP) — A Japanese military helicopter rescued three people Sunday morning from a spectacular volcanic eruption that sent officials scrambling to reach many more injured and stranded on a mountain.

Mount Ontake in central Japan erupted shortly before noon Saturday, catching mountain climbers by surprise and injuring at least 34, including 12 seriously, according to Japan's Fire and Disaster Management Agency. The tally was lower than reported by local officials earlier, but the disaster agency warned that the numbers could still change.

The number of those reported missing also rose sharply to 32, the agency said.

Nagano prefecture official Sohei Hanamura said that three people were rescued by a military helicopter. Their conditions were not known, he said, and it wasn't clear if they were part of an estimated 40 people stranded at mountain lodges. Many were injured and unable or unwilling to risk descending 3,067-meter (10,062-foot) Mount Ontake on their own.

Rescue workers were also trying to reach the area on foot Sunday morning, Hanamura said.

Lodge managers are familiar with first aid procedures and were communicating with rescue officials in town, he said.

With a sound likened to thunder, the volcano erupted on a clear autumn day, spewing large white plumes of gas and ash high into the sky and blanketing the surrounding area in ash.

Smaller eruptions continued overnight. About 250 people were initially trapped on the slopes, but most had made their way down by Saturday night, Japanese public broadcaster NHK reported. Some were in shelters set up in four nearby towns.

One witness told NHK that the eruption started with large booms.

In a video posted on YouTube, shocked climbers can be seen moving quickly away from the peak as an expanding plume of ash emerges above and then engulfs them.

Many of those who made it down emerged with clothes and backpacks covered in ash. They reported being engulfed in total darkness for several minutes.

Mikio Oguro, an NHK journalist who was on the slope on an unrelated assignment, told the station that he saw massive smoke coming out of the crater, blocking sunlight and reducing visibility to zero.

"Massive ash suddenly fell and the entire area was totally covered with ash," he said by phone. He and his crew had to use headlamps to find a lodge.

"My colleagues later told me that they thought they might die," Oguro said.

Two Jetstar flights headed to Tokyo's Narita International Airport diverted to Kansai International Airport in western Japan as a precaution.

Japan's meteorological agency raised the alert level for Mount Ontake to 3 on a scale of 1 to 5. It warned people to stay away from the mountain, saying ash and other debris could fall up to 4 kilometers (2.5 miles) away.

Mount Ontake, about 210 kilometers (130 miles) west of Tokyo, sits on the border of Nagano and Gifu prefectures, on the main Japanese island of Honshu. The volcano's last major eruption was in 1979.

Sunday 21 September 2014

SoftBank estimates $4.6 billion gain from Alibaba listing

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(Reuters) - Japan's SoftBank Corp said it expected a gain of about 500 billion yen ($4.6 billion) from Alibaba Group Holding's share listing in New York, where the Chinese e-commerce leader surged 38 percent on its first day of trade.

SoftBank CEO Masayoshi Son also told CNBC that he would want to own more of Alibaba, although he reiterated that the Japanese mobile carrier and Internet media company was happy with the current 32 percent stake, which made it the Chinese company's biggest shareholder.

Asked if he would like more of Alibaba, Son told CNBC on Friday: "Of course."

Pressed on the likelihood of buying more shares, Son added: "Anything is possible but we are happy the way it is."

He said SoftBank considered Alibaba a core holding and he was upbeat about the Chinese company's future.

"My point of view is that this is the true beginning of Alibaba," he said. "I'm very, very optimistic."

SoftBank said in a statement on Saturday that it would book the estimated 500 billion yen gain in the half-year to end-September and would announce a precise figure at a later time. The gain was recorded to reflect Alibaba's increased asset value with the issuance of new shares and the conversion of preference shares to common stock in conjunction with the listing.

The Chinese e-commerce leader's shares surged in their Friday debut on the New York Stock Exchange as investors jumped at what is likely to rank as the largest IPO in history, betting on Chinese growth and a company that accounts for 80 percent of that country's online sales.

(Reporting by Yuka Obayashi, Teppei Kasai and Yoshiyasu Shida; Writing by Edmund Klamann; Editing by Simon Cameron-Moore)