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Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
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Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
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South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
South Korean airlines will not impose fuel surcharges on international routes for the sixth consecutive month in September, raising expectations the trend would further continue.
The zero rates also apply to one-way tickets.
No fuel surcharges will also be applied on domestic routes for five months, beginning in September due to the pandemic's effects.
South Korean airlines are allowed to impose fuel surcharges the following month after the average jet fuel price on the Singapore spot market surpassed US$1.50 per gallon.
According to analysts, it is unlikely that the zero-rate surcharge would positively impact air travel demand or increase airlines' sales due to the health crisis.
The pandemic-induced lockdowns have forced air carriers to suspend most international flights.
