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Korea imposes fuel price ceiling after 29 years

The South Korean government has set the first price ceiling for gasoline at 1,724 won per liter as it moves to curb surging oil prices by introducing a petroleum price cap for the first time in 29 years.According to the Ministry of Trade, Industry and Energy, the “maximum price system for petroleum products” will take effect at midnight on March 13, limiting..

KOSPI nears 5,000 as accounts near 100 million
As the KOSPI edges closer to the 5,000 mark, the number of active stock trading accounts in South Korea is also approaching a historic milestone, with 100..

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