Tokyo shares down ~4%, South Korea down ~6%. Fingers pointing at OpenAI IPO delay

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Its an awfully bleak day in equity markets here in Asia. As I post Japan's Nikkei is down 3.8%, SoftBank, whose share price has beenboosted by CEO Masayoshi Son's bet on OpenAI, fell ~12%. South Korea's Kospi is down 5.6%. Program trading was halted for 5 minutes with the 'sidecar' invoked. Shanghai Composite -1.7%Narratives centre on this from earlier:New York Times says 'OpenAI leans toward waiting until next year for IPO'NYT cite 3 unnamed sources 'familiar with the matter'. This article was written by Eamonn Sheridan at investinglive.com.