India's Central Bank Holds Rates Amid Iran War Energy Shock 
Strait of Hormuz Disruption Sparks Global Oil Supply Fears 
Britain Courts Anthropic Amid US Defense Department Dispute 
Trump Administration Plans 100% Tariffs on Pharmaceutical Imports 
March 2025 Jobs Report: Strong Headline Numbers Hide Deeper Economic Concerns 
UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire 
Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation 
MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown 
Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman 
Bank of Japan Warns of Regional Economic Risks Amid Middle East Conflict and Rising Oil Prices 
Luxury Car Sales in the Middle East Take a Hit Amid Iran War 
Oil Prices Surge as U.S.-Iran Conflict Threatens Global Supply 
Cathay Pacific Holds Firm on Flight Capacity Amid Middle East Conflict and Rising Fuel Costs 
Trump's FY2027 Budget: Major Defense Boost and Domestic Spending Cuts 
Tesla Q1 2026 Deliveries Miss Estimates as AI Strategy Takes Center Stage 
Oil Crisis Escalates: Trump Threatens Iran as Strait of Hormuz Closure Pushes Prices Above $110 
U.S. Warplane Shot Down by Iran Amid Escalating Middle East Conflict 
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.
