Airline Industry Faces Challenges with Rising Fuel Surcharges and Ticket Prices
◀ Anchor ▶ The airline industry has started charging fuel surcharges which are included in the prices of plane tickets. This is because oil prices and exchange rates have risen at the same time. Rising air ticket prices could affect demand for overseas travel during the summer holidays, putting the industry on edge. This is […]
The New York stock market was mixed ahead of the US CPI announcement, and international oil prices fell due to easing tensions in the Middle East.
[비즈니스포스트] The three major New York stock market indices showed mixed performance. It was found that there was a wait-and-see mentality in the market ahead of the announcement of the US price index. On the 9th (local time) at the New York Stock Exchange (NYSE), the Dow Jones Industrial Average closed at 38,883.67, down 9.13 […]
Mixed Performance in New York Stock Market Indexes Ahead of CPI Announcement
[비즈니스포스트] The three main stock market indexes in New York showed a mixed performance. They found that there was a wait-and-see mentality in the market ahead of the US price index announcement. On the 9th (local time) in the New York Stock Exchange (NYSE), the Dow Jones Industrial Average closed at 38,883.67, down 9.13 points […]
US Stock Market Rises on Strong Job Creation and Tech Stocks Surge
[비즈니스포스트] All three major stock market indexes rose in New York. This appears to be due to higher-than-expected US job creation in March and major tech stocks rising. On the 5th (local time) in the New York Stock Exchange (NYSE), the Dow Jones Industrial Average closed at 38,904.04, up 307.06 points (0.80%) from the previous […]
Rising International Oil Prices Lead to Record High Gas Prices in Gangwon Region
With international oil prices reaching a new high in four months, the prices of gasoline and diesel sold at gas stations in the Gangwon region continued to rise for five consecutive weeks. According to Korea National Oil Corporation Offinet’s oil price information system, the average gasoline price in the province in the fourth week of […]
Stock Market Reaches All-Time Highs in New York with Dell Technology Leading the Way
[비즈니스포스트] All three major stock market indexes rose in New York. As the stock price of Dell Technology, an American PC and server maker, rises and stocks related to artificial intelligence (AI) semiconductors rise, the S&P and Nasdaq indexes once again set new all-time highs. ▲ On the 1st (local time), the New York stock […]
Temporary Fuel Tax Break Set to Expire at End of Month – Will It Be Extended?
Temporary #fueltax break expires at the end of this month (Sejong = Yonhap News) Reporter Lee Jun-seo = As the end of the fuel tax cut measures approaches, attention is focused on whether it will be extended. Given the situation where price volatility continues as international oil prices rise again, there is a trend that […]
Rising International Oil Prices: Impact on Gasoline and Diesel Prices in South Korea
Gasoline price hike 2.45 per liter won, diesel price hikes 12.9 per liter won… Visualize the impact of rising international oil prices Due to the increase in international oil prices, the average weekly selling price of gasoline and diesel at domestic gas stations has increased for the first time in 17 weeks. According to the […]
Oil Prices Surge as Ukraine Attacks Fuel Terminal in Russia
Brent crude oil, 1.60% higher at $79.82 a barrel (Photo = Yonhap News) International oil prices rose as supply concerns were highlighted by news that Ukraine had attacked a fuel terminal in Russia. On the 22nd (local time) at the New York Mercantile Exchange, February US West Texas Intermediate (WTI) crude oil ended trading at […]
International Oil Prices Drop, Impact on Exchange Rates Leads to Decrease in Gas Prices
International oil price drop, exchange rate impact … This week, gasoline gained 6 per liter ↓, diesel gained 8 ↓ Selling prices of gasoline and diesel at domestic gas stations have fallen for 15 consecutive weeks. However, as international oil prices continue to rise, there is a possibility that domestic prices will stop falling next […]
