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Kyodo news summary -1-.

TOKYO, May 7 Kyodo

---------- Nikkei hits 3-month low on political uncertainties in Europe

TOKYO - Tokyo stocks opened sharply lower Monday, with the Nikkei index dropping to a three-month intraday low on growing political uncertainties in Europe amid the region's sovereign debt crisis.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average plunged 229.86 points, or 2.45 percent, from Wednesday to 9,150.39, its lowest intraday mark since Feb. 15, when it hit 9,107.68. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 18.56 points, or 2.34 percent, to 774.31.

---------- Set of 5 woodblock prints confirmed as work by Hokusai

TOKYO - A set of five woodblock prints owned by a museum in Matsumoto, Nagano Prefecture, has been confirmed as an authentic work by famed ''ukiyoe'' artist Katsushika Hokusai, the museum said Monday.

Fake copies of the set have been circulating in large quantities since the Meiji era, with only a few originals by Hokusai confirmed. With the latest discovery, the Japan Ukiyoe Museum became the only institution to possess originals for all five works in the set.

---------- 'Hot spots' detected at more than 20 schools in Koriyama

FUKUSHIMA, Japan - More than 20 schools in Koriyama city in Fukushima Prefecture, home to the crippled Fukushima Daiichi nuclear plant, have ''hot spots'' with high radiation levels on their premises, a civil group said Sunday.

The finding was based on municipal education board documents it obtained through an information disclosure request, it said.

---------- Euro falls vs. dollar, yen after elections in early Tokyo deals

TOKYO - The euro fell against the U.S. dollar and the Japanese yen early Monday in Tokyo, as investors sold the single European currency out of concern about the region's economy following the French presidential runoff and Greek general election.

At 9 a.m., the euro was quoted at $1.2962-2964 and 103.47-50 yen versus $1.3078-3088 and 104.42-52 yen in New York at 5 p.m. Friday. Financial markets in Tokyo were closed Friday for a public holiday.

---------- Hollande defeats Sarkozy in French presidential runoff

PARIS - Socialist challenger Francois Hollande beat incumbent Nicolas Sarkozy in the French presidential runoff Sunday to become the country's first socialist president in 17 years since Francois Mitterrand left office in 1995.

It was the first defeat of an incumbent president since Giscard d'Estaing succumbed to Mitterrand in 1981.
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Publication:Japan Weekly Monitor
Geographic Code:9JAPA
Date:May 7, 2012
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