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Kyodo news summary -4-.

TOKYO, Dec. 6 Kyodo

---------- Dollar stays at upper 77 yen, euro falls versus yen after S&P warning

TOKYO - The U.S. dollar stayed at the upper 77 yen level and the euro fell versus the yen Tuesday morning in Tokyo, after a U.S. credit rating agency warned it may lower the sovereign ratings of Germany, France and 13 other eurozone economies amid the region's deepening debt crisis.

At noon, the dollar fetched 77.78-81 yen against 77.77-87 yen in New York and 77.98-99 yen in Tokyo at 5 p.m. Monday.

---------- Fujimura says gov't should lighten emperor's workload

TOKYO - Japan should reduce the workload of its emperor, the country's top government spokesman said Tuesday, amid growing concerns over the health of Emperor Akihito, who was hospitalized for nearly three weeks last month for bronchial pneumonia.

''The emperor's wellness is the wish of all citizens,'' Chief Cabinet Secretary Osamu Fujimura said at a press conference, adding, ''It's important to consider lightening the emperor's burden, while fully respecting his thoughts and attitudes toward official duties.''

---------- Ex-PM Kan to visit Argentina for presidential inauguration

TOKYO - Former Japanese Prime Minister Naoto Kan will attend the inauguration of Argentine President Cristina Fernandez de Kirchner in Buenos Aires this weekend as an envoy of the Japanese government, the Foreign Ministry said Tuesday.

The inauguration will be held on Saturday. Kirchner was reelected in October to serve a second four-year term.

---------- Benchmark bond yield inches down in morning on falls in Tokyo stocks

TOKYO - The yield on the benchmark 10-year Japanese government bond edged down Tuesday morning on buying spurred by falls in Tokyo stocks.

The yield on the No. 319, 1.1 percent issue, the main barometer of long-term interest rates, ended morning interdealer trading down 0.005 percentage point from Monday's close at 1.040 percent.
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Publication:Japan Weekly Monitor
Geographic Code:9JAPA
Date:Dec 12, 2011
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