
The South Korean government said Tuesday that it will raise electricity rates by an average 5.4 percent in an attempt to deter the country's heavy use of electricity, which has prompted concerns over a possible blackout during peak seasons. Starting from Thursday, the average price of electricity for households will be raised by 2.7 percent, while that of electricity consumed by the industrial sector and large office buildings will be hiked by an average 6.4 percent and 5.8 percent, respectively, according to the Ministry of Trade, Industry and Energy.
GMT 17:19 2018 Thursday ,11 January
China factory gate inflation slows to 13-month lowGMT 17:50 2018 Wednesday ,10 January
German industrial output rebounds in NovemberGMT 17:39 2018 Wednesday ,10 January
Samsung tips record Q4 operating profit of more than $14 bnGMT 17:29 2018 Tuesday ,09 January
German industrial orders dip in NovemberGMT 15:36 2018 Thursday ,04 January
China factory activity accelerated in December: CaixinGMT 13:33 2018 Wednesday ,03 January
Turkey inflation rate eases but still stubbornly high in DecemberGMT 16:27 2018 Monday ,01 January
China manufacturing activity slows in DecemberGMT 17:36 2017 Sunday ,31 December
Spain to leave EU's deficit 'sin bin' next year: Rajoy
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