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South Korea inflation climbs to 3.1%, fueling rate-hike speculation — 3dSouth Korea’s August inflation rebounded to 3.1%, lifted by a base effect from last year’s telecom discount and broadening core price gains as living-cost pressures persist, with food and service costs contributing to the upswing and potentially influencing the central bank’s policy stance. In Pakistan, inflation also rose to 11.1% in August, driven mainly by higher food and energy prices and a sharp surge in transport costs after petroleum price revisions, with the central bank maintaining a high policy rate to curb price pressures.

Tom Gallagher Base effects aside, food and service prices climbing again means real relief for households isn't coming anytime soon.

Indictments sought for seven officials over Jeju crash — Aug 26, 2026South Korea’s police are seeking indictments for seven transport ministry officials over falsified statements that the Jeju Air crash investigation determined the localizer equipment complied with regulations, as the 737-800 crash at Muan International Airport killed most of the 181 people aboard. Investigators are also examining nearly 70 other individuals and the airport’s runway-end guidance structure and related facilities as possible factors in the disaster.