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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
February 18th, 2015 - 08:36 GMT

A debbie-downer: oil prices might be up but analysts are expecting a downward correction

The researcher says the group has the ability to develop more Trojans using advanced techniques. (File photo)
February 18th, 2015 - 03:08 GMT

'Desert falcon': Arab countries targeted by cyber criminal group

Al Bawaba
February 18th, 2015 - 02:57 GMT

Hectic year ahead: GCC to award $103 billion worth of construction projects in 2015

Egypt has been suffering from an acute energy crunch as foreign oil companies suspend extraction works on the back of growing arrears as political turmoil.
February 18th, 2015 - 02:51 GMT

A shock? Egypt mulls privatizing energy transmission

Al Bawaba
February 18th, 2015 - 08:25 GMT

Threats are good? Oil prices hit relative 2015 'high'

Al Bawaba
February 18th, 2015 - 07:33 GMT

Pass the blessings: Lebanese economic minister vows crackdown on companies exploiting oil price drop

Al Bawaba
February 17th, 2015 - 09:05 GMT

'Inventory dynamics': oil could slip below $40 in two months time

Lower oil prices are expected to feed through into reduced economic growth in the Gulf Arab state this year.
February 17th, 2015 - 08:38 GMT

Crunch time: UAE banks' profit growth may fall this year

Al Bawaba
February 17th, 2015 - 12:44 GMT

US-Israeli oil drilling commences in Golan Heights

The study reveals that geopolitical events also intensified the migration of new wealth to the region.
February 17th, 2015 - 11:12 GMT

What oil price slump? GCC's private wealth doubles to $2.2 trillion

Al Bawaba
February 17th, 2015 - 04:55 GMT

Unabated: Gulf countries completed $67.6 billion worth of construction projects in 2014

In return, Baghdad would reinstate budget payments to the Kurds, which it had cut early in 2014 as punishment for the region's moves to export oil independently.
February 17th, 2015 - 04:55 GMT

Nothing's permanent, yet: Iraq, Kurdistan final oil deal delayed

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