Prime Minister Shigeru Ishiba, Komeito head Tetsuo Saito, and Nippon Ishin leader Hirofumi Yoshimura signed an agreement on February 25th to amend the government's draft initial budget for fiscal 2025. This agreement marks the first time in 29 years that a draft initial budget will be revised through talks between the ruling and opposition parties at the Diet.
Asian shares mostly rose on Tuesday, buoyed by another rally on Wall Street and positive sentiment towards Japanese companies following investments by Warren Buffett's Berkshire Hathaway. Meanwhile, concerns over U.S. President Donald Trump's policies and a temporary suspension of trading on the Indonesia stock exchange weighed on investor sentiment in some markets.
U.S. stocks rebounded on Monday, clawing back some of last week's losses, but the market remains on edge as investors await the Federal Reserve's interest rate decision later this week. Concerns about President Trump's trade war and its potential impact on the U.S. economy continue to cast a shadow over Wall Street, despite the recent rebound.
The Japanese government has approved a bill introducing stricter regulations on artificial intelligence, aiming to curb harmful applications that may violate human rights, spread misinformation, or break laws. This move represents a shift from self-regulation to government oversight, aligning with a global trend towards mitigating potential negative impacts of AI.
NASA's Osiris-Rex mission has brought back asteroid samples containing the building blocks of life and evidence of an ancient water world, suggesting asteroids may have played a crucial role in bringing the ingredients for life to Earth. The findings, published in Nature and Nature Astronomy, provide the strongest evidence yet that asteroids may have played a crucial role in bringing the ingredients for life to Earth.