SoftBank Eyes Switch Inc as It Pushes Deeper Into AI Data Center Expansion 
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
Strategy Retains Nasdaq 100 Spot Amid Growing Scrutiny of Bitcoin Treasury Model 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Coca-Cola’s Proposed Sale of Costa Coffee Faces Uncertainty Amid Price Dispute 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles 
Australia’s Labour Market Weakens as November Employment Drops Sharply 
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform 
Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious 
Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges 
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets 
HSBC’s $13.6 Billion Take-Private Offer for Hang Seng Bank Gains Board Backing 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
Korea Aerospace Industries Co. (KAI) has received a $240 million order to supply six T-50 advanced trainer jets to the Indonesian air force from Dec. 16, 2021, to Oct. 30, 2024.
As of Tuesday, KAI has exported 154 trainer jets worth $3.1 billion to countries such as the Philippines, Indonesia, Iraq, Thailand, Turkey, and Peru since its foundation in 1999.
The orders consisted of 70 T-50 advanced trainer jets worth $2.6 billion and 84 KT-1 basic trainer jets worth $700 million.
In 2012, KAI supplied 16 T-50 trainer jets worth $400 million.
