Two-week implied volatility for the yen against the dollar rose to its highest level since June 7 at 9.495%.

Nippon Steel: Will not interfere in U.S. steel trade decisions.

Japanese Finance Minister Shunichi Suzuki: Necessary actions will be taken on foreign exchange.

Japanese Finance Minister Shunichi Suzuki: I do not want to see one-way fluctuations in the foreign exchange market and I will pay attention to foreign exchange trends with a sense of urgency.

Japanese Finance Minister Shunichi Suzuki: Will not comment on foreign exchange levels, stable foreign exchange fluctuations are desirable.

HKEX CEO Chan Yiting: London Metal Exchange (LME) is considering setting up a warehouse in Hong Kong.

The Philippines said it may import 200,000 tons of sugar to increase supplies.

According to Politico: The United States is preparing to provide new emergency funds for dairy farms.

The Nikkei 225 index fell 1% to 39,254.19.

Bank of Japan: Japanese household assets reach a record high of 21.99 trillion yen.

The Nikkei 225 index opened down 0.6% at 39,434.47 points.

Israeli Defense Minister Galant: We have been working on a post-war Gaza proposal that includes local Palestinians, regional partners and the United States, but it will be a long and complicated process.

Israeli Defense Minister Galant: Proposals for post-war Gaza have been discussed with US officials.

U.S. hydrocarbon exploration company SM Energy is said to be close to a deal to acquire oil and gas producer XCL for nearly $3 billion.

Nasdaq 100 futures fell 0.5%, while S&P 500 futures fell 0.33%.

Samsung and SK Hynix are negotiating chip loans with Korea Development Bank (KDB).

Brazilian paper and pulp maker Suzano will not pursue a deal to acquire International Paper, whose shares fell 7 percent in after-hours trading.

The Society of Motor Manufacturers and Traders (SMMT): UK car production fell 11.9% to 69,652 units in May. UK electric vehicle production was 26,475 units in May, up 3% year-on-year.

Market news: LG Electronics is considering an IPO of its Indian subsidiary.

According to Nikkei News: Toyota will increase the production of some models to cope with the suspension of some production lines.