The Dow Jones Industrial Average (DJIA) closed at $33,945.58, up $68.61 from the previous day, as the much-anticipated testimony by Federal Reserve Chairman Jerome Powell was seen as within expectations.

The Organizing Committee of the Tokyo Olympics, which will be held with spectators, has announced guidelines for spectators to follow in order to prevent the spread of the new coronavirus.

Sources say that the Tokyo Olympic Games' organizers are considering banning alcoholic beverages at competition venues. The President of the Tokyo Olympic Games' organizing committee, Hashimoto Seiko, on Monday said the idea of selling alcohol to spectators is being discussed.

On April 22, Nidec Corporation held a general meeting of shareholders in Kyoto City's Minami Ward. About 200 shareholders attended the meeting, where Chairman Nagamori reported a personnel plan to replace the position of CEO (Chief Executive Officer) with that of President Jun Seki, which was announced in April of this year.

Vaccinations for the new coronavirus vaccine have begun in earnest at companies and universities. With the Tokyo Olympics opening in a month's time, the government wants to speed up the vaccination process in order to prevent the re-spreading of the infection.

The World Health Organization says it will discuss anti-coronavirus measures for the upcoming Tokyo Olympics with Japanese authorities and the International Olympic Committee this week. Tokyo Games officials on Monday decided to allow up to 10,000 domestic spectators at Olympic events, provided each venue does not exceed 50 percent capacity.

On the 21st, stock prices in Asia and Oceania fell in many markets due to widespread sell orders on the view that the timing of the policy rate hike in the US may be earlier than expected.

On the afternoon of the 20th, the Yamanote Line was expected to operate at a reduced frequency of about 10% due to electrical system trouble at a substation of JR East, but the restoration work has been completed and the line has been operating as usual since the first train.

The coronavirus state of emergency was lifted on Sunday for Tokyo and eight other prefectures. It will remain in effect in Okinawa through July 11. Tokyo, Osaka and five other prefectures will transition to focused restrictions from Monday.

The Japanese government plans to allow municipalities to issue "vaccine passports" -- documents certifying coronavirus vaccinations -- starting next month.

On the 16th, the Dow Jones Industrial Average (DJIA) was down on the New York Stock Exchange after the Federal Reserve Board (FRB), the central bank of the U.S., moved up its prediction of when it would lift its zero interest rate policy.

The national average retail price of regular gasoline this week was 154.5 yen per liter, up 1.6 yen from last week. This is the second consecutive week of price increases and the highest level in two years and seven months.