Asian markets surged on Monday, following a strong rally on Wall Street and the release of better-than-expected factory data from China. The positive sentiment was driven by Friday's strong performance on Wall Street, where the S&P 500 index jumped 2.1% after experiencing its first "correction" since 2023.
Hyundai and General Motors are close to finalizing a deal for Hyundai to share two electric commercial van models with GM, while GM might provide Hyundai with pickup trucks to sell under its own brand in North America. This potential partnership could extend beyond vans and trucks, with discussions including joint purchasing or development of computing chips, next-generation batteries, and battery materials.
The Japanese government has approved a bill introducing stricter regulations on artificial intelligence, aiming to prevent harmful applications that could violate human rights, spread misinformation, or break laws. The bill also promotes responsible AI development and utilization, marking a shift from previous reliance on self-regulation.
The reconstructed bust of a woman who lived in Tottori 1,800 years ago reveals her physical features, including light skin, straight hair, and double eyelids. The project, a collaboration between Tottori Prefecture and the National Museum of Nature and Science, offers insights into the appearance and genetic characteristics of our ancestors.
Alimentation Couche-Tard's $47 billion bid for Seven & i Holdings faces resistance from the Japanese company, which cites antitrust concerns and a lack of detailed divestiture plans. Couche-Tard is attempting to address these concerns and gain public support in Japan, but the outcome of the deal remains uncertain.