Japan Economy & Markets: The Nikkei pulled back from a record high as AI-related stocks sold off after Broadcom missed expectations, while renewed US-Iran fighting lifted oil and risk concerns. Monetary Policy: BOJ Governor Kazuo Ueda signaled a pivot toward inflation-fighting, saying war-driven price shocks won’t be ignored if they risk broader second-round effects—setting up a clearer path for steadier rate hikes. Retail Consolidation: Yamada Holdings and Edion are set to merge, aiming to build Japan’s biggest electronics retailer with scale gains and stronger private-label focus. Industrial Tech: ISL Networks and Japan System Development launched an industrial 5G + AI control platform for real-time manufacturing and warehouse automation. Data Centers & Cooling: Wiwynn and Shinwa Controls teamed up to accelerate liquid cooling for global cloud providers, targeting higher power density and efficiency. Energy & Infrastructure: Japan approved a $19bn emergency-style package to dampen Iran-war energy impacts, while it also added a yen loan for Nepal’s Nagdhunga Tunnel project. Trade & Compliance: The US plans forced-labor tariffs that include Japan among affected partners, with public comments open until early July. Business Training: Mishima Kosan is using FPT AI Mentor to speed up workforce training and multilingual knowledge transfer.