Japan-Malaysia Diplomacy: Malaysia’s PM Anwar Ibrahim will visit Tokyo June 8-10, meeting Japan PM Sanae Takaichi and focusing on green tech, energy resilience, defense and regional security, plus education cooperation. Fintech Deal: Mori Hamada & Matsumoto advised PayPay on its planned acquisition of 70.2% of T&D Financial Life Insurance for about ¥134.3bn, marking PayPay’s push into life insurance. Nuclear Power Plan: Japan’s industry ministry has drafted targets to rebuild up to five nuclear reactors by the 2040s (and more by the 2050s) to offset capacity declines as older plants retire. Energy Shock Watch: Commentary warns oil-poor Asia could face an emerging crisis as Iran-war disruptions raise costs and strain currencies and public finances. Geoeconomic Fragmentation: A World Economic Forum report estimates global fragmentation costs at $213–$307bn annually and says it’s spreading beyond rivals into allied economies, hitting trade and finance. Cyber/AI Infrastructure: A separate report highlights how AI data centers are reshaping power demand and investment priorities worldwide. Household Scam Alert: Japan is seeing a rise in electrical breaker-panel repair frauds sold via online ads, with “same-day” traps and inflated charges. Regional Security: China has stepped up patrols east of Taiwan after Japan-Philippines maritime boundary talks began, escalating tensions around overlapping claims.