ISIS threaten to kill two Japanese hostages unless they receive $200m ransom in 72 hours

Islamic State has issued a video online this morning claiming to show two Japanese hostages and demanding "$200 million" from the Japanese government to save their lives.

A knife-wielding black-clad figure, standing in a desert area along with two men and wearing orange clothing, criticised what he called the Japanese government's support for a US-led coalition waging a military campaign against Islamic State.

The threat comes after Japan's Prime Minister Shinzo Abe pledged to extend $200 million to countries fighting the terrorist group.

A spokeswoman from the Foreign Office said:

 "We are aware of the video and we are studying the content."

Japanese officials have not made any immediate comment on the latest video.