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S.KOREA

Government warns of zero tolerance for fuel price gouging

South Korea’s ruling Democratic Party and the government said on March 6 they are preparing to introduce a fuel price ceiling if necessary as global oil prices surge due to escalating tensions in the Middle East.Speaking at a working-level party–government meeting at the National Assembly, Deputy Prime Minister and Minister of Economy and Finance Koo Yun-che..

Ruling party bristles at Cho’s merger deadline
Senior figures from the pro–Lee Jae-myung faction within the Democratic Party of Korea on Saturday voiced strong anger over Cho Kuk’s declaration of a Feb...

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