Lockheed Martin Emerges as Frontrunner to Acquire Ultra Maritime in $3.5 Billion Defense Deal 
Trump Reports $1.4 Billion in Crypto Income as Digital Assets Become Top Wealth Source 
Anthropic Tightens AI Access Controls After Reports of China-Based Workarounds 
Apple Eyes Chinese Memory Chips as AI Shortage Pressures iPhone Supply Chain 
Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan 
TetherMax Rebranding Highlights Official Exchange Partnerships as Foundation of Trust 
Sodexo Raises 2026 Revenue Outlook After Strong Q3 Sales Beat 
DOJ Seeks Dismissal of Fraud Charges Against Gautam Adani in U.S. Court 
Super Micro Employees Detained in Taiwan AI Server Export Investigation 
Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round 
Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027 
Switch Seeks $2 Billion Funding at Nearly $50 Billion Valuation Ahead of Potential IPO 
Kawasaki Heavy Shares Slide on Report of ¥200 Billion Capital Raise Plan 
BHP Workers Approve New Labour Agreement at WA Iron Ore Operations 
Chinese Copper Foil Maker Londian Files U.S. IPO as EV Battery Demand Grows 
Trump Administration to Launch Voluntary AI Standards for Frontier Models 
Doosan Heavy Industries & Construction Co. (DHIC) will sell 1.2 trillion won worth of shares on Dec. 24 to repay its debts.
The shares consist of 121 million newly-issued ones at 9,980 won each.
Its short-term debts, due this year, reach 4.2 trillion won.
In March, DHIC received a 3 trillion won cash infusion from its creditors, including the Korea Development Bank (KDB), in exchange for asset sales and other cost-cutting measures.
Last week, Hyundai Heavy Industries Group confirmed its bid to acquire DHIC’s 36.07 percent stake in construction heavy equipment maker Doosan Infracore.
Hyundai Heavy took part in the bidding in a consortium with KDB Investment, a subsidiary of KDB.
Ready-mixed concrete maker Eugene Group also bid for the stake.
