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South Korean stocks plunge
July 29th, 2026 - 08:42 GMT
P. Choiaqo

P. Choiaqo

South Korea stocks collapse as investors dump tech

ALBAWABA - The South Korean Stock Market (Kospi) suffered one of the worst plunges in its history after a two-year rally, the culprit is AI and tech investors pulling out. After a two-year rally where tech companies hit record highs; the party came to an end on Wednesday as South Korean stocks plunged historically after a slow blood-letting battered chip firms over the past month, deepening as skittish investors withdrew ...
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Al Bawaba
June 23rd, 2015 - 07:07 GMT

Boom in commercial aircraft sales driven by increased travel demands in Middle East

Al Bawaba
June 23rd, 2015 - 06:41 GMT

Israeli-Egyptian gas pipeline construction hit by unforseen $2B expense

Real estate companies should be able to absorb the slowdown with limited ratings impact. (File photo)
June 23rd, 2015 - 05:13 GMT

UAE property market expected to slow: Standard & Poor

Al Bawaba
June 22nd, 2015 - 03:06 GMT

Job search activities increase during Ramadan: survey

Egyptian navy vessels patrol off the coast of the Red Sea resort city of Sharm el-Sheikh on Feb. 17, 2011. (AFP/Marco Longari)
June 22nd, 2015 - 02:54 GMT

US provides Egyptian navy with missile craft worth $1.1 billion

Al Bawaba
June 22nd, 2015 - 02:34 GMT

Dubai inflation hits its highest level in years

Al Bawaba
June 22nd, 2015 - 01:41 GMT

Iran, Russia finalizing agreement to exchange oil for electricity

Al Bawaba
June 22nd, 2015 - 01:34 GMT

Got milk? Jordanian dairy company shows annual growth in profits

Al Bawaba
June 22nd, 2015 - 01:15 GMT

UAE, Saudi Arabia continue to grow despite cheap oil

Al Bawaba
June 22nd, 2015 - 01:08 GMT

Lebanese fashion sector ready for the runway, but lacks access to financial market

Al Bawaba
June 22nd, 2015 - 07:43 GMT

Saudi's $7B airport on track for completion in 2016

Al Bawaba
June 22nd, 2015 - 05:43 GMT

2014 - a record year for renewable energy: report

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