Asian stocks got a mixed start to the week as uncertainty over President Trump's tariffs persisted, with China leading losses and Japan's Nikkei edging higher. Meanwhile, Wall Street rebounded after a volatile week, with the Federal Reserve Chair easing market concerns and U.S. job growth accelerating.
U.S. stocks rebounded on Monday after last week's plunge, with the S&P 500 rising 0.6% and the Dow Jones Industrial Average climbing 0.9%. Investors remain cautious, however, as they await the Federal Reserve's decision on interest rates later this week and continue to worry about President Trump's trade war.
Japan successfully launched the Michibiki No. 6 satellite, a key component of its satellite navigation program, marking the H3 rocket's fourth consecutive successful launch and a step towards achieving independence from foreign satellites. This launch brings Japan closer to its goal of completing a fully independent seven-satellite network by March 2026.
SoftBank and the University of Electro-Communications are developing SureTalk, an AI-powered app that translates sign language into text and vice versa, aiming to bridge the communication gap for the deaf community. The app, currently used by local governments and at events like the Tokyo Deaflympics, holds promise for wider adoption in public spaces, empowering deaf individuals to participate fully in society.
Tokyo officials plan to subsidize smartphones for elderly residents who do not own one, aiming to bridge the digital divide and ensure equal access to public services delivered through a government-launched smartphone app. The initiative also includes expanding support for tech assistance workshops and promoting My Number registration for access to a wider range of online services.