OpenAI Is in Talks to Sell Shares at $86 Billion Valuation
OpenAI is in talks to sell existing employees’ shares at an $86 billion valuation, according to people with knowledge of the matter.
Indonesia Election Season Kicks Off as First Contender Registers
Former Jakarta Governor Anies Baswedan became the first candidate to submit his presidential bid, officially kicking off the race for Indonesia’s top office.
BOK Caution Strengthens as Israel-Hamas Conflict Heightens Risks
The Bank of Korea flagged heightened uncertainty stemming from the Israel-Hamas conflict as it stood pat on policy and stuck to its cautious stance of balancing the risks of elevated inflation and household debt against the need to support economic growth.
Traders Brace for Big Swings in Yen Amid Intervention Threat
Options traders are preparing for turbulent yen trading.
Pulp Producer RGE Considers Bid for $3 Billion China Tissue Maker Vinda
Singapore-based RGE Pte is considering an offer for Vinda International Holdings Ltd., people with knowledge of the matter said, potentially setting up a bidding war for the Hong Kong-listed tissue maker.
Russia Has No Plans Yet to Further Ease Diesel Export Rules
Russia doesn’t currently have plans to ease remaining restrictions on diesel exports, according to Deputy Prime Minister Alexander Novak, indicating that there won’t be additional relief for the tight fuel market.
China’s Polluters Take Steps to Meet EU’s Carbon Tax Challenge
China’s environment ministry is asking large industrial polluters to tighten up their emissions reporting, as it adopts the procedures necessary to expand its national carbon market and prepare Chinese industry for the European Union’s carbon tax.
China’s Home Prices Drop at Faster Pace in Blow to Sentiment
China home prices fell at the fastest pace in almost a year in September, adding to doubts over whether Beijing’s steps to prop up the property market are enough to revive the sector.
Honda to Start Self-Driving Taxi Service in Tokyo, CEO Says
Honda Motor Co. will start a self-driving taxi service in Tokyo in early 2026, in a move that may help alleviate a shortage of cab drivers in one of the world’s most-populous cities.
Honda to Start Self-Driving Taxi Service in Tokyo, CEO Says
Honda Motor Co. will start a self-driving taxi service in Tokyo in early 2026, in a move that may help alleviate a shortage of cab drivers in one of the world’s most-populous cities.