A major pet-related product fair opened in Osaka on June 20, bringing together more than 400 companies and showcasing new technologies and products ranging from a bone-conduction hearing device for dogs to furniture designed for cats and their owners to relax together. (News On Japan)

Bank of Japan Governor Kazuo Ueda has been discharged from hospital after receiving treatment for an infected liver cyst and is expected to return to work on June 23 while continuing outpatient care for about two weeks. (News On Japan)

Japan's nationwide consumer price index rose 1.4% in May from a year earlier, staying below 2% for the fourth straight month as lower rice, gasoline, utility and school tuition costs helped curb the overall increase. (News On Japan)

The Nikkei Stock Average surged past 71000 on Thursday, closing at a record high for the fourth straight session, as easing tensions in the Middle East lifted investor sentiment while the yen weakened to a nearly two-year low against the dollar. (News On Japan)

Nissan Motor announced that it will launch the fully redesigned Kicks compact SUV on June 18, marking the model's first full overhaul in six years as the automaker seeks to strengthen its position in Japan's highly competitive small SUV market. (News On Japan)

Japan's return to a world of higher interest rates is reshaping household finances, with a growing number of young homebuyers turning to 40- and 50-year mortgages to afford rapidly rising apartment prices, according to a discussion aired on BS-TBS's Report 1930 on June 17. (News On Japan)

Japan's Fair Trade Commission has conducted on-site inspections of six major food manufacturers over suspicions they formed a cartel to coordinate ice cream prices, with authorities investigating whether the companies exchanged information and unfairly adjusted planned retail price increases in response to rising costs. (News On Japan)

The Nikkei Stock Average briefly topped the 70,000 mark for the first time on June 16, rising as much as 700 points to an intraday high of 70,020 after the Bank of Japan's decision to raise interest rates matched market expectations, before retreating as investors locked in profits, though the benchmark still ended the day at a record high. (News On Japan)

The Bank of Japan is set to begin a two-day monetary policy meeting on June 16th, with financial markets widely expecting the central bank to raise its policy interest rate to 1%, the highest level in 31 years, despite the unusual circumstance of Governor Kazuo Ueda being absent from the meeting. (News On Japan)