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February 11th - Kelly Eckhold, chief economist at Westpac in New Zealand, stated that the Reserve Bank of New Zealand (RBNZ) is likely to keep interest rates unchanged at its policy meeting next week, but will acknowledge that the economic outlook is improving. The official cash rate is expected to remain at 2.25%, and the RBNZ may bring forward its anticipated first rate hike to December. Eckhold added that, crucially, due to persistent overcapacity, tightening financial conditions, and declining food and fuel price inflation, the RBNZs inflation expectations are trending towards 2%, thus reducing the need for the central bank to quickly resume rate hikes.As of 8:30 AM Beijing time, spot platinum rose 0.68%, and spot palladium rose 0.79%.February 11th - Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser will attend a business conference and give an interview later today. Hauser is known for providing valuable market insights, and his comments come at a crucial time, given the RBAs heavy criticism following its rate cut at the end of last year followed by a rate hike shortly after. Hausers remarks may reveal just how hawkish the RBA is on curbing stubborn inflation. Traders widely expect the RBA to raise rates again in May.Samsung Electronics Chief Technology Officer: Demand for memory chips is strong this year and will continue into next year.February 11th - An article states that automobiles are significant consumer goods, and the healthy development of their market depends on a transparent and fair trading environment. The marketing trap of "lease-to-own" harms consumer rights in the short term and will erode the credibility of the entire industry in the long run. Furthermore, deliberately concealing the true nature of financial leasing to induce consumers to sign contracts constitutes consumer fraud. Further regulation of related practices is necessary to protect consumer rights. Regulatory bodies need to further improve the rules for the auto financial leasing industry, clarify the rights and obligations of all parties, and crack down on the "behind-the-scenes" practices of some automakers using financial leasing. Sales companies must adhere to the principle of integrity, fully and truthfully disclose financial product information, and standardize cooperation models.

Exclusive-Netflix Signs Partnership With Japanese Animation Company in Push For Anime

Haiden Holmes

Apr 27, 2022 09:58

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Netflix is co-producing three feature films with Studio Colorido, including the September release "Drifting Home," as part of its increased investment in original animation. The film will also have a domestic theatrical release.


Netflix has found success with anime in both Japan, where over 90% of users watch it, and globally, where half of users tuned in last year, with competitors such as Amazon (NASDAQ:AMZN) and Disney also racing to offer such content.


"To win globally, we must first win locally," Kaata Sakamoto, Japan's vice president of content, told Reuters in an interview.


Asia-Pacific was the lone bright light in Netflix's first-quarter financial report, which revealed the world's largest streaming service lost members for the first time in more than a decade. The company stated that it is experiencing "impressive growth" in the region, particularly in Japan, where it announced 5 million users in September 2020.


Netflix has a broader audience than the industry's traditional target group of ardent anime lovers, Studio Colorido President Koji Yamamoto told Reuters.


The studio prefers storylines in which humans are ripped from their everyday lives by extraordinary happenings, like as 2018's "Penguin Highway," which follows a primary kid as he explores the unusual apparition of penguins in his town.


This family-friendly programming aligns with Netflix's aim of growing its content offerings in Japan, which includes the introduction of over 40 original anime titles, scripted dramas such as "First Love," and unscripted series such as "Last One Standing."


"We are increasing our commitment in Japanese content, not just in terms of volume, but also in terms of genre and format diversity," Sakamoto explained.


Additionally, Netflix has made arrangements with domestic broadcasters, which have been sluggish to adopt streaming, for material such as Nippon TV's long-running variety show "Old Enough!" The show, which features extremely young children performing errands for the first time while being filmed by disguised production employees, has garnered online attention.


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