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(Corrects headline to remove undefined comparison; no changes to story text) Sept 29 (Reuters) – OpenAI generated around $4.3 billion in revenue in the first half of 2025, about 16% more than it generated all of last year, The Information reported on Monday, citing financial disclosures to shareholders. OpenAI said it burned $2.5 billion, in large part due to its research and development costs for developing artificial intelligence and for running ChatGPT, the report added. Reuters could not immediately verify the report. OpenAI did not immediately respond to a Reuters request for a comment. Research and development cost the ChatGPT maker $6.7 billion in the first half, the report said, adding that it had about $17.5 billion in cash and securities at the end of the period. OpenAI looks to meet its full-year revenue target of $13 billion and a cash-burn target of $8.5 billion, the report added. In August, Reuters reported that OpenAI was in early-stage discussions about a stock sale that would allow employees to cash out and likely valuing the company at about $500 billion. Nvidia said last week it will invest up to $100 billion in OpenAI and supply data-center chips. (Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Janane Venkatraman)

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(adds details, background from paragraph 3) MANILA, Oct 2 (Reuters) – The death toll from a magnitude 6.9 earthquake that struck off the central Philippines late on Tuesday has risen to 72, the civil defence agency said. Another 294 people were injured, the agency said in a report on Thursday. The latest death toll was an increase of three from Wednesday and all fatalities were recorded in the central Visayas region. The shallow quake struck waters off the central island of Cebu late at night, damaging power lines, bridges and multiple buildings, including a church that was more than 100 years old. The Cebu quake was the country's deadliest since at least 2013, when a 7.2-magnitude earthquake struck the neighboring island of Bohol, killing 222 people. The Philippines sits on the Pacific "Ring of Fire" and experiences more than 800 quakes each year. (Reporting by Mikhail Flores; Editing by Martin Petty)

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Oct 1 (Reuters) – China is curbing the use of European telecom kit suppliers Nokia and Ericsson in its networks, the Financial Times reported on Wednesday, citing unidentified sources. Reuters could not immediately confirm the report. (Reporting by Mrinmay Dey in Bengaluru; Editing by Alan Barona)

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PHILIPPINES CIVIL DEFENCE OFFICE: DEATH TOLL FROM MAGNITUDE 6.9 EARTHQUAKE IN CENTRAL PHILIPPINES RISES TO 72

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* Taiwan, China again clash over interpretation of UN resolution * Taiwan expelled from UN in 1971 when China seat went to Beijing * China says there is clear legal basis to its Taiwan claims * Taiwan says China is spreading misinformation (This Oct 1 story was updated on Oct 2 to add additional comment from Chinese foreign ministry in paragraph 7) By Ben Blanchard and Ryan Woo TAIPEI/BEIJING, Oct 1 (Reuters) – Taiwan's government said on Wednesday China was trying to create the legal basis for a future attack with its "misleading" interpretation of a key U.N. resolution, in an escalating dispute over who has the right to claim sovereignty over the island. China says that 1971's U.N. resolution 2758, which led to Taiwan's expulsion from the body and Beijing assuming a seat at the U.N., gives international legal backing to its claims over the island, and reiterated that point in a long foreign ministry statement late on Tuesday. Taiwan, formally called the Republic of China and whose government fled to the island in 1949 after losing a civil war with Mao Zedong's communists, says that is nonsense given the resolution made no mention of Taiwan and that in any case the People's Republic of China has never ruled the island. TAIWAN SAYS CHINA MISLEADING INTERNATIONAL COMMUNITY Taiwan's foreign ministry said in a statement that China was "deliberately misleading" the international community with its characterisation of the resolution. "This aims to create a legal basis for altering the status quo across the Taiwan Strait and for future military assault against Taiwan," it said. "Only Taiwan's democratically elected government can represent the 23 million people of Taiwan within the United Nations system and multilateral international mechanisms," the ministry added. In response, China's foreign ministry told Reuters that no matter what Taiwan says, it does not change the fact that both sides of the Taiwan Strait are part of "one China" and that "reunification" would happen. China has never renounced the use of force to bring Taiwan under its control and regularly sends its military into the waters and skies around the island. China says Taiwan is merely one of its provinces. Its foreign ministry's statement on Tuesday, full of Cold War-era language about the "reactionary" Republic of China government and its late leader Chiang Kai-shek's "clique", said the People's Republic was the rightful inheritor to governing all of China, including Taiwan, following the 1949 revolution. "Any attempt to challenge resolution 2758 constitutes not only a challenge to China's sovereignty and territorial integrity, but also a challenge to the authority of the U.N.," it said. China has been incensed by remarks from the United States and some of its allies about the resolution. The U.S. State Department, in comments provided to Reuters about the latest Chinese statement on the subject, said the "intentional mischaracterisation and misuse of resolution 2758" was part of China's broader "coercive attempts to isolate Taiwan from the international community resolution". The resolution puts no limits on any country's sovereign choice to engage substantively with Taiwan, the State Department added. (Reporting by Ben Blanchard and Ryan Woo; Additional reporting by David Brunnstrom in Washington; Editing by Ed Osmond and Jamie Freed)

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Oct 2 (Reuters) – HKEX: * HSBC BOUGHT BACK TOTAL 2.1 MILLION SHARES FOR GBP22.2 MILLION ON OTHER EXCHANGES ON SEPT 30 * HSBC BOUGHT BACK 1.5 MLN SHARES FOR HK$162.1 MLN ON SEPT 30 Further company coverage:

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* ADL website says FBI turned to it for assistance as far back as 1940s * Patel's decision to cut FBI ties with ADL follows online right-wing criticism * ADL had listed Kirk's Turn Pointing USA in glossary on extremism (Adds ADL comment in paragraph 3, background in paragraphs 14-15) By Kanishka Singh WASHINGTON, Oct 1 (Reuters) – The FBI said on Wednesday it cut ties with the Anti-Defamation League, a Jewish group that tracks antisemitism, after conservatives criticized the group for including slain activist Charlie Kirk's organization in a glossary on extremism. In a social media post, FBI Director Kash Patel said the bureau "won't partner with political fronts masquerading as watchdogs." The ADL said it took note of Patel's announcement and "has deep respect" for the FBI. Patel's announcement followed criticism of the ADL by right-wing voices, including billionaire Elon Musk, over its inclusion of Kirk's Turning Point USA in a "Glossary of Extremism and Hate." Kirk was assassinated in September. After that criticism, the ADL removed the entire glossary from its website. The glossary had said Turning Point USA had a history of "bigoted statements," a charge the group rejects. ADL's website says it "works closely with federal, state and local law enforcement" in fighting extremism and hate. It also notes the FBI had turned to it for data and research as far back as the 1940s. U.S. officials have taken part in ADL events over the years. Former FBI director James Comey, against whom President Donald Trump's Justice Department has filed criminal charges, noted at a 2014 ADL summit that the FBI worked with the group to host civil rights and hate crime training for state and local counterparts. AFTERMATH OF KIRK'S KILLING The U.S. has witnessed many instances of right-wing backlash against critics and commentators whose views on Kirk after his assassination have upset conservatives. Last month, "Jimmy Kimmel Live" was briefly taken off the air, political analyst Matthew Dowd was fired from MSNBC and columnist Karen Attiah was fired by the Washington Post. Civil rights advocates criticized Kirk for rhetoric they called racist, anti-immigrant, transphobic and misogynistic, citing his remarks on Black, LGBTQ+, Muslim and immigrant communities. Kirk's supporters called him a defender of conservative values and champion of public debate who galvanized young voters for Trump. ADL documents antisemitism and hate. Its critics say it equates antisemitism with criticism of Israeli policies, including Israel's assault on Gaza and its occupation of Palestinian territories. ADL's website calls that conflation a misconception but adds that "certain forms of anti-Israel rhetoric and activism delegitimize Israel and its existence, and are antisemitic when they vilify and negate Zionism." (Reporting by Kanishka Singh and Jasper Ward in Washington; Editing by Katharine Jackson, Daniel Wallis and Diane Craft)

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Oct 2 (Reuters) – 3D Energi Ltd: * TRADING HALT REQUESTED PENDING ANNOUNCEMENT ON CAPITAL RAISING Further company coverage:

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(Corrects date to Wednesday, not Monday in paragraph 6) SEOUL, Oct 2 (Reuters) – South Korean Foreign Minister Cho Hyun said his country and the United States had reached a rough agreement on security in tandem with ongoing tariff negotiations, Yonhap news agency reported. In an interview published on Thursday, Cho also said the U.S. was reviewing a currency swap deal, which was a key demand from South Korea in tariff talks, but signalled it was not optimistic. Washington had agreed to lower tariffs on imports from South Korea in return for a $350 billion investment package, but follow-up negotiations to hammer out details, including the structure of the investment package, have stalled. Meanwhile, Seoul and its ally Washington have also been looking at a deal in security areas such as an increase in South Korean defence spending, which is part of the broader package aimed to push down U.S. tariffs. U.S. President Donald Trump has said South Korea should be paying for its own military protection and suggested it needed to pay more for the U.S. troop presence there. South Korean President Lee Jae Myung said on Wednesday that the country would boost next year's defence budget by 8.2%, highlighting the importance of stronger self-defence. "In the security field, an agreement has already been reached in general, which allows us to increase our national defence capabilities in necessary areas," Cho told Yonhap. Working towards the security deal, top South Korean officials have said the two countries are making progress on giving more rights to South Korea on nuclear fuel processing for industrial purposes. That is currently not allowed under an existing agreement between the two countries. Cho said in the interview that he did not rule out a possibility of Trump meeting with North Korean leader Kim Jong Un, as some "speculative" media reports suggested. Trump is expected to attend the summit of the Asia-Pacific Economic Cooperation group in Gyeongju, South Korea in late October, and Lee suggested the U.S. president try to meet with Kim during the trip. Last month, Kim said he was open to talks with the U.S. if Washington stopped insisting his country give up nuclear weapons, North Korean state media reported. (Reporting by Ju-min Park; Editing by Jamie Freed)

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(Adds background, comments from Cho in paragraphs 3-12) SEOUL, Oct 2 (Reuters) – South Korean Foreign Minister Cho Hyun said his country and the United States had reached a rough agreement on security in tandem with ongoing tariff negotiations, Yonhap news agency reported. In an interview published on Thursday, Cho also said the U.S. was reviewing a currency swap deal, which was a key demand from South Korea in tariff talks, but signalled it was not optimistic. Washington had agreed to lower tariffs on imports from South Korea in return for a $350 billion investment package, but follow-up negotiations to hammer out details, including the structure of the investment package, have stalled. Meanwhile, Seoul and its ally Washington have also been looking at a deal in security areas such as an increase in South Korean defence spending, which is part of the broader package aimed to push down U.S. tariffs. U.S. President Donald Trump has said South Korea should be paying for its own military protection and suggested it needed to pay more for the U.S. troop presence there. South Korean President Lee Jae Myung said on Monday that the country would boost next year's defence budget by 8.2%, highlighting the importance of stronger self-defence. "In the security field, an agreement has already been reached in general, which allows us to increase our national defence capabilities in necessary areas," Cho told Yonhap. Working towards the security deal, top South Korean officials have said the two countries are making progress on giving more rights to South Korea on nuclear fuel processing for industrial purposes. That is currently not allowed under an existing agreement between the two countries. Cho said in the interview that he did not rule out a possibility of Trump meeting with North Korean leader Kim Jong Un, as some "speculative" media reports suggested. Trump is expected to attend the summit of the Asia-Pacific Economic Cooperation group in Gyeongju, South Korea in late October, and Lee suggested the U.S. president try to meet with Kim during the trip. Last month, Kim said he was open to talks with the U.S. if Washington stopped insisting his country give up nuclear weapons, North Korean state media reported. (Reporting by Ju-min Park; Editing by Jamie Freed)

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