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Defense ministers from Japan and the United States will attend a joint memorial service on Iwo Jima, marking 80 years since the end of World War II and symbolizing the strength of their current alliance. The meeting will also address defense cooperation and potential increases in Japan's defense spending.

Land prices in Tokyo rose for the fourth consecutive year in 2024, with the 23 wards experiencing the most significant increases driven by high demand for condominiums and a surge in foreign visitors. Commercial land prices also saw a double-digit increase for the first time since 2008, reflecting the continued strength of the Tokyo real estate market.

At the Naruse Dam construction site, Kajima Corp.'s A4CSEL system utilizes autonomous bulldozers and vibratory rollers, guided by AI and simulation software, to optimize workflows and address labor shortages in the construction industry. This innovative approach allows for 24/7 operation, surpassing national records for dam construction output.

SoftBank Corp. and the University of Electro-Communications are developing SureTalk, an AI-powered app that translates sign language into text, aiming to break down communication barriers for the deaf community. The app utilizes skeletal movement recognition and a vast database to provide accurate and natural translations, with hopes of expanding its use in public spaces and facilitating seamless communication for deaf individuals.

U.S. stocks rebounded on Monday, with the S&P 500 and Dow Jones Industrial Average both rising, but concerns about President Trump's trade war and the Federal Reserve's upcoming interest rate decision continue to weigh on investor sentiment. International stock markets also saw gains, with indexes rising across much of Europe and Asia.