Governments eye deeper cooperation in fields like AI, quantum computing and drones
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The day opened with the successful launch of Japan's H3 rocket, its first since a failure six months prior, restoring confidence in the nation's space program. By afternoon, attention shifted to the US-Iran memorandum, with Trump announcing a deal to open the Strait of Hormuz and canceling planned strikes, though Iran denied finalization. The Nikkei surged over 2,000 points on the news, and Kioxia briefly became Japan's top company by market cap. In the evening, SpaceX's record $75 billion IPO dominated headlines. Other stories included the Uri Credit Union embezzlement scandal, the death of actress Tamao Nakamura, and the arrest of a suspect in a high school girl's murder.