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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 10th, 2015 - 06:42 GMT

Jordan wheat imports up 50 percent over 2013 to meet refugee demand

Al Bawaba
February 9th, 2015 - 05:06 GMT

Gulfood 2015: World’s biggest Food Trade Show opens

Brent crude, the benchmark for more than half the world’s oil, jumped 9.1 per cent last week, bringing gains in the past 10 days to 18 per cent, the best two-week rally since 1998.
February 9th, 2015 - 11:59 GMT

It's all relative: Saudi stocks lead Gulf rally after oil’s best week since 1998

Al Bawaba
February 9th, 2015 - 10:57 GMT

A magic wand? Etihad-Backed Jet Airways posts first profit since 2012

The government has projected a record $38.7 billion budget deficit for 2015 because of the plunge in oil prices.
February 9th, 2015 - 10:47 GMT

Coming to terms with reality: Saudi central bank governor calls for energy subsidy reform

Al Bawaba
February 8th, 2015 - 08:12 GMT

Dubai drops on list of world's most dynamic cities

Al Bawaba
February 8th, 2015 - 07:59 GMT

Stronger oil may support gulf stock markets

Jobs, high living costs and economic opportunities are the main worry for most Tunisians.
February 8th, 2015 - 07:35 GMT

Grand ambitions: Tunisia's new prime minister vows growth and reform

This comes despite the continuing deteriorating price of oil, with Ali Al-Naimi keeping his post as Saudi Arabia’s oil minister under King Salman
February 8th, 2015 - 01:45 GMT

Did the deed: King Salman's 'freebies' boosted economic activity

Al Bawaba
February 8th, 2015 - 05:55 GMT

More ludicrosity: Underwater villas go on sale on at Dubai's World Islands

Al Bawaba
February 8th, 2015 - 04:55 GMT

No more energy 'crunch'? Egypt working on oil and gas exploration deals worth $9.2 billion

Al Bawaba
February 8th, 2015 - 04:55 GMT

Israel's foreign reserve currency continues to fall

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