News

Tokyo officials plan to subsidize smartphones for elderly residents who don't own one, aiming to bridge the digital divide and ensure inclusivity in accessing future public services. This initiative is part of a broader effort to promote a government app that will offer various public services and administrative registration options.

Japanese Prime Minister Shigeru Ishiba confirmed Japan's intention to offer medical assistance and educational support to Gazans, stressing it is unrelated to U.S. President Trump's controversial relocation proposal. Ishiba emphasized that beneficiaries would return home after treatments and studies, underscoring Japan's commitment does not involve resettlement.

Influential business leader Masahiro Okafuji warns that Seven & i Holdings Co. risks being taken over by Canada's Alimentation Couche-Tard unless it drastically improves corporate value following a failed management buyout. Seven & i's plan to replace its president alone will not suffice to fend off the foreign company's takeover ambitions.

Tesla's long-awaited Autopilot update in China has disappointed owners with its limited functionality and high price, falling short of competitor offerings and Elon Musk's promises. The update lacks advanced features due to insufficient data training and regulatory restrictions, leaving Tesla behind in the race for autonomous driving in China.

Asian markets tumbled on Tuesday, February 24, 2025, as concerns over escalating US-China trade tensions weighed heavily on investor sentiment. The downturn mirrored the negative sentiment on Wall Street, where major indices closed lower on Monday, further amplifying anxieties about the global economic outlook.