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Kyodo news summary -3-.

TOKYO, March 29 Kyodo

---------- Japan hangs 3 death row inmates in 1st executions in 20 months

TOKYO - Japan hanged three death row inmates Thursday in the first executions in 20 months, by order of Justice Minister Toshio Ogawa, the Justice Ministry said.

It is the second time executions have been performed under the government led by the Democratic Party of Japan. In July 2010, then Justice Minister Keiko Chiba ordered the hanging of two inmates.

---------- Tokyo stocks fall in morning on uncertainty over global economy

TOKYO - Tokyo stocks dropped Thursday morning, as market participants grew cautious over the outlook for the global economy.

The 225-issue Nikkei Stock Average shed 79.51 points, or 0.78 percent, from Wednesday to 10,103.06. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 7.45 points, or 0.86 percent, to 856.98.

---------- 'Baby Hatch' used sometimes inappropriately, expert panel says

KUMAMOTO, Japan - A ''baby hatch'' facility for unwanted newborns at a hospital in the city of Kumamoto, Kumamoto Prefecture, has been sometimes used inappropriately, with one parent leaving a child there to study abroad, a municipal panel of experts said Thursday.

Another parent left a child in the baby hatch at Jikei Hospital after finding it impossible to find anywhere to leave the infant while working, according to the panel.

---------- Key bond yield flat in morning

TOKYO - The yield on the benchmark 10-year Japanese government bond stayed flat Thursday morning as buying on falls in Tokyo stocks was later offset by selling on profit-taking.

The yield on the No. 321, 1.0 percent issue, the main barometer of long-term interest rates, ended morning interdealer trading at 1.000 percent, unchanged from Wednesday's close.

---------- Cabinet submits 3 tril. yen stopgap budget amid Diet conflict

TOKYO - The Cabinet of Prime Minister Yoshihiko Noda on Thursday submitted to the Diet a 3.61 trillion yen stopgap budget for fiscal 2012 to cover spending for the first six days of April, after the ruling and opposition parties failed to agree on a full-scale budget.

The urgently prepared budget, the first of its kind in 14 years, is expected to pass both chambers of the Diet on Friday. The provisional budget will cover the shortest ever period of fiscal needs. The previous record was eight days, set in fiscal 1988.

---------- Dollar falls to mid-82 yen in morning on global economy worries

TOKYO - The U.S. dollar fell to the mid-82 yen range Thursday morning as traders favored the Japanese yen as a safe haven amid growing concerns over the outlook for the global economy, including in China and the United States.

At noon, the dollar fetched 82.56-61 yen against 82.84-94 yen in New York and 82.79-80 yen in Tokyo at 5 p.m. Wednesday.

---------- Honda breaks ground for new Mexico factory, eyes 2014 opening

CELAYA, Mexico - Honda Motor Co. held a groundbreaking ceremony Wednesday for its new factory near Celaya in central Mexico, aiming to start production there in spring 2014.

The factory in the state of Guanajuato will have output capacity of 200,000 units of the Japanese automaker's main compact model, the Fit. Honda plans to build cars there for markets including the United States and Brazil, Latin America's largest market and one that is expected to continue to grow in the future.
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Publication:Japan Weekly Monitor
Geographic Code:9JAPA
Date:Apr 2, 2012
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