OpenAI is reportedly laying the groundwork for an initial public offering that could value the artificial intelligence pioneer at up to $1 trillion, according to sources familiar with the matter, in what
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The largest technology companies are doubling down on an AI-powered future, investing heavily in massive data center complexes filled with high-performance servers. Alphabet Inc., Meta Platforms Inc., and Microsoft Corp. collectively spent
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Masayoshi Son’s bold bets on artificial intelligence have propelled him past Uniqlo billionaire Tadashi Yanai to become Japan’s richest person, Bloomberg reports. Son’s net worth surged 248% this year to $55.1 billion,
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California Public Employees’ Retirement System (Calpers), the largest public pension plan in the United States, plans to vote against Elon Musk’s $1 trillion compensation agreement at Tesla Inc., Bloomberg reports. The pension
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Toyota Motor Corp. has no plans to increase its proposed ¥4.7 trillion ($31 billion) buyout of Toyota Industries Corp., CEO Koji Sato said, despite widespread criticism that the tender offer undervalues the
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The incident is laden with irony. The United States — a nation built on the fundamental tenets of free trade, well-entrenched with a fairly level playing field — now appears to be
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by Our Correspondent in Seoul Chinese President Xi Jinping and U.S. President Donald Trump began a high-stakes summit in Busan, South Korea, on Thursday, as investors and global observers looked for signs
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Former Sri Lankan Finance Minister Ravi Karunanayake has raised serious concerns about the government’s planned purchase of 1,775 double cab vehicles, claiming the acquisition is being conducted outside the prescribed international tender
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A New York City woman wearing a navy blue polka-dot dress has gone viral for her defiant resistance to Immigration and Customs Enforcement (ICE) agents during a raid in lower Manhattan on October 21,
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Talks between Afghanistan and Pakistan in Istanbul (October 25-28), mediated by Qatar and Turkey, collapsed amidst strident rhetoric. Pakistan issued a 72-hour ultimatum “for Taliban to summon TTP Shura or we act unilaterally.” Taliban
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The United States used to be an ardent supporter of the rechristening of the Asia-Pacific region as the Indo-Pacific, and in all fairness, President Donald Trump should have included India in his
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Russia’s President Putin should read The Prince by Niccolo Machiavelli and ponder the famous statement that “it is better to be feared than loved, if you cannot be both.” Putin’s problem is that he is
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For the past two decades, APEC, the Asia-Pacific Economic Cooperation forum, has been reshaping the Asia-Pacific’s approach to growth. Since the 2011 Honolulu Leaders’ Declaration, APEC has placed “green growth” at the
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Pakistan’s decision to grant Bangladesh access to the Karachi Port marks a significant recalibration in South Asia’s geopolitical and economic landscape. Finalized on October 27, 2025, during the ninth session of the
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by Our Correspondent in Colombo The cargo vessel INTEGRITY STAR was abandoned in Sri Lankan waters following an emergency distress call earlier this week. The vessel, which reportedly suffered a main engine
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