Higher fuel costs may stoke inflation and related fears for the local economy. Swings in automotive fuel prices have been shown to have a significant effect on the consumer price index, Australia's ...

Experts said China's flurry of calls with foreign ministers, its vocal appeals at the UN and its decision to send a special envoy to conduct shuttle diplomacy all stem from the same source — a ...

Korea’s home appliance industry faces rising cost pressures as tensions around the Strait of Hormuz push up prices of key materials such as aluminum and sulfur along with shipping costs.