Prime Minister Ishiba arrived in Canada for G7 meetings with tariff negotiations with Trump as his primary focus, building on the Nippon Steel breakthrough from June 14. Japanese media framed the steel deal as potentially opening broader trade discussions, though officials remained cautious about securing comprehensive exemptions.
Japan's Financial Services Agency announced the first increase in insider trading penalties in 17 years, responding to violations related to takeover bids as merger activity increases. The proposed changes would multiply illegally obtained profits by specific coefficients.
Coverage of the Iran-Israel conflict continued as Iran praised its "new method" of missile strikes on Tel Aviv and Haifa, with G7 leaders preparing joint statements calling for Middle East de-escalation. Russia offered to mediate between the two countries.
Domestic coverage focused on extreme heat warnings for Tokyo, with 21 people hospitalized for suspected heatstroke. Japan also requested eight countries to block access to foreign-based online casinos for Japanese residents.