Oil Prices Slide in 2025 as Oversupply and Geopolitical Risks Shape Market Outlook 
Kia Targets 3.35 Million Global Vehicle Sales in 2026 Amid Steady Growth Outlook 
Federal Reserve Begins Treasury Bill Purchases to Stabilize Reserves and Money Markets 
Asian Stock Markets Start New Year Higher as Tech and AI Shares Drive Gains 
U.S. Airline Flight Cancellations Surge After Venezuela Military Operation and FAA Airspace Closures 
Samsung Electronics Hits Record High as AI Momentum Fuels Investor Optimism 
Trump Blocks HieFo’s Emcore Chip Assets Deal Over National Security Concerns 
Lockheed Martin Secures $328.5 Million U.S. Defense Contract for Advanced Systems Supporting Taiwan Air Force 
SoftBank Completes $41 Billion OpenAI Investment in Historic AI Funding Round 
Asian Markets Slip as Precious Metals Cool, Geopolitical Tensions Weigh on Sentiment 
Bain Capital Moves to Acquire Majority Stake in Echo Marketing 
U.S. Dollar Steadies Ahead of Fed Minutes as Markets Eye Policy Divisions 
Oil Prices Stabilize at Start of 2026 as OPEC+ Policy and Geopolitical Risks Shape Market Outlook 
South Korea Factory Output Misses Forecasts in November Amid Ongoing Economic Uncertainty 
Asia Manufacturing PMI Rebounds as Exports and Tech Demand Drive Growth into 2026 
U.S. Stock Index Futures Steady as Markets Await Fed Policy Clues in Holiday-Thinned Trade 
Singapore GDP Growth Surges in 2025 but Outlook Remains Cautious Amid Global Trade Risks 
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.
