YONHAP: A South Korean Ministry of Trade, Industry and Energy official said the $8.4 billion oil project referenced by U.S. President Trump is not part of a South Korea-U.S. agreement.

Data‑centre operator Firmus Grid is targeting an IPO that would raise A$5.0bn at A$11 per share and value the company at A$43.7bn (~US$30.3bn), the Australian Financial Review reports. Underwriters say they have received indications sufficient to cover A$5.0bn at A$11 and the deal may be upsized by a further A$500m. The ASX listing is set for Oct. 23; the institutional bookbuild opens Tuesday and closes Friday. The float would be among Australia’s largest IPOs, comparable to Medibank’s 2014 raise, and comes as YTD primary-market fundraising in Australia is roughly A$1bn versus >A$2bn in each of the past two years.

Poland's energy minister said a new fuel price cap would add roughly 5 bln zloty to the government's budget within three months.