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Kyodo news summary -8-
[November 27, 2012]

Kyodo news summary -8-


(Japan Economic Newswire Via Acquire Media NewsEdge) TOKYO, Nov. 27 -- (Kyodo) _ ---------- Mega solar plant to be set up at airport site in Makurazaki, Kagoshima KAGOSHIMA, Japan - The municipal government of Makurazaki, Kagoshima Prefecture, said Tuesday it will build a mega solar power plant after demolishing a local airport next March in the first such use of an airport site in Japan.



The 12.9-hectare plant to start power generation in March 2014 with 53,000 panels of solar cells will be run by a new company to be formed jointly by Orix Corp. and Kyudenko Corp., the city government said.

---------- DPJ vows to phase out nuclear energy in election pledge TOKYO - The ruling Democratic Party of Japan promised Tuesday to phase out nuclear energy in the 2030s and fight deflation by cooperating with the Bank of Japan.


In its pledges released ahead of the Dec. 16 House of Representatives election, the party also said it will simultaneously promote Japan's participation in the Trans-Pacific Partnership free trade talks and other free trade frameworks such as a trilateral pact with China and South Korea.

---------- Global chip market to expand 4.5% in 2013 TOKYO - The global semiconductor market in 2013 is likely to grow 4.5 percent from this year to $303.05 billion, led by expected expansion of electronics products such as tablet computers and smartphones, the World Semiconductor Trade Statistics said Tuesday.

The expansion would follow an expected 3.2 percent decline this year, which has seen sluggish sales of personal computers and other products amid a slowdown in the global economy, the Japanese arm of the global statistical group said.

---------- Shiga governor aims to establish new political party OTSU, Japan - The governor of Shiga Prefecture said Tuesday she will establish a new political party with the aim of becoming a major "third force" around a week before the start of official campaigning for the Dec. 16 general election.

Yukiko Kada, 62, said at a press conference that she plans to team up with legislators and others who support her policies, including phasing out nuclear power, and to field candidates in the upcoming House of Representatives election.

---------- Fujitsu to start cloud service to check dogs' health TOKYO - Fujitsu Ltd. said Tuesday it will launch a cloud computing health management service for dogs on Wednesday, using a pedometer that can be attached to a dog collar.

The data collected through the pedometer, called "Wandant," can be analyzed via personal computer or smartphone, allowing dog owners to monitor their pet's physical condition and prevent them from becoming obese.

---------- Japanese bond yield flat, unaffected by opposition chief's remarks TOKYO - The yield on the benchmark 10-year Japanese government bond ended flat Tuesday as the country's main opposition party leader reiterated his call for a 2 percent inflation target by the Bank of Japan.

The yield on the No. 325, 0.8 percent issue, the main yardstick of long-term interest rates, ended interdealer trading at 0.730 percent, unchanged from Monday's close.

---------- Additional charges filed against woman, others for abandoning body KOBE - Prosecutors filed additional criminal charges on Tuesday against a woman who is suspected to have been involved in several deaths and disappearances of persons related to her, and seven others for abandoning a body in a concrete-filled metal drum in the sea off Okayama Prefecture.

Miyoko Sumida, 64, in conspiracy with relatives, put the body of 53-year-old Jiro Hashimoto into the drum and abandoned it in the sea off Bizen, Okayama, in November last year, according to the indictment filed by the Kobe District Public Prosecutors Office.

---------- Dollar in tight range vs. yen as BOJ easing speculation wanes TOKYO - The U.S. dollar moved in a tight range against the yen on Tuesday in Tokyo amid waning speculation of more aggressive monetary stimulus by the Bank of Japan, while the euro rose against the yen and dollar after an aid resumption deal for Greece.

At 5 p.m., the dollar fetched 82.28-29 yen compared with 82.03-13 yen in New York and 82.17-18 yen in Tokyo at 5 p.m. Monday. It moved between 81.86 yen and 82.31 yen during the day, changing hands most frequently at 82.00 yen.

---------- Ogaki Kyoritsu Bank to launch support services in 6 Asian nations NAGOYA - Ogaki Kyoritsu Bank said Tuesday it will start information-providing services to its clients in six Asian countries around next February by using business bases of Sompo Japan Insurance Inc. there.

The move will expand the reception desks of the regional bank, based in Ogaki, Gifu Prefecture, in Asia to 10 countries, it said.

---------- Writers file for court injunction against book scanning services TOKYO - A group of renowned writers and cartoonists on Tuesday filed a suit with the Tokyo District Court, seeking a court injunction against digital book scanning services using their material without obtaining their approval.

In the suit, seven plaintiffs including award-winning novelists Keigo Higashino, Mariko Hayashi and Jiro Asada and popular cartoonists Kenshi Hirokane and Go Nagai claim seven scanning service providers in Tokyo and Kanagawa prefectures have violated their copyright.

(c) 2012 Kyodo News International, Inc.

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