Global equities rebounded on Tuesday, offering a temporary respite from recent volatility, as investors reacted positively to the ceasefire agreement between Ukraine and Russia. However, concerns regarding the potential economic impact of U.S. tariffs on steel and aluminum imports continued to cast a shadow over the markets, raising questions about the sustainability of the rebound.
Japan sent a Maritime Self-Defense Force destroyer through the Taiwan Strait for the first time in early February, sending a political message to China and countering its growing military presence in the region. The move follows China's increased activity around the Sakishima Islands and other areas.
The Japanese government has decided to explore the use of human challenge trials for vaccine and drug development, aiming to improve its preparedness for future infectious disease outbreaks. This initiative, included in a newly approved medical research plan, involves deliberately exposing healthy volunteers to viruses or other pathogens to study disease progression and evaluate the effectiveness of potential treatments.
A survey by the Japan Chamber of Commerce and Industry found that most small businesses are concerned about the government's plan to raise the minimum wage at an accelerated rate, with many fearing they may have to close down or suspend operations. The survey also revealed that the previous year's minimum wage increase has already placed a significant burden on businesses.
Researchers gained unprecedented access to the Daisen Kofun, a 5th-century imperial burial mound, marking a historic moment for archaeological exploration. This rare opportunity revealed previously unknown details, prompting calls for further research and potential public access to unlock the secrets of this ancient monument.