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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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Tunisia’s Finance Ministry unveiled a government plan to reduce budget deficit. (Shutterstock)
March 18th, 2019 - 05:00 GMT

Tunisia Aims to Reduce Budget Deficit to 2 Percent in 2022

Saudi Arabia is witnessing a rebound in construction activity due to headline infrastructure workloads increasing. (Shutterstock)
March 18th, 2019 - 12:18 GMT

Saudi Construction Sector Witnesses Rebound in Activity

A ban on the insiders' trading at public shareholding companies listed in the UAE capital markets took effect on March 17. (Shutterstock)
March 18th, 2019 - 12:16 GMT

Insider Trading Ban Takes Effect in UAE

Women's incomes in Bahrain have risen by 66 per cent between 2010 and 2017. (Shutterstock)
March 18th, 2019 - 12:13 GMT

Women’s Income in Bahrain Rises 66 Percent Within 7 Years

The robot is designed to offer job seekers interviews that are free from any of the unconscious biases. (Shutterstock)
March 18th, 2019 - 12:05 GMT

Meet Tengai the Swedish Robot: The Only Unbiased Interviewer in the World?

Iran launched a number of new projects aimed to increase its gas production. (Shutterstock)
March 18th, 2019 - 09:54 GMT

Iran Aims to Increase Gas Production From Shared Field With Qatar

Around $20 billion in passive inflows are likely to be spurred by Saudi Arabia’s inclusion in major emerging markets stock indices. (AFP)
March 18th, 2019 - 09:12 GMT

Saudi Presence Injects $20 Billion Into Emerging Stock Markets

Sudan received a $300-million loan from the Arab Monetary Fund to tackle its foreign currency crisis. (Shutterstock)
March 18th, 2019 - 08:57 GMT

Arab Fund Supports Sudan with $300 Million

The Egyptian pound strengthened on Sunday to its highest in over two years. (Shutterstock)
March 18th, 2019 - 08:47 GMT

Egyptian Pound Strengthens to Highest in over 2 Years

Oil Prices Slips Due to Economic Slowdown. (Shutterstock)
March 18th, 2019 - 08:44 GMT

Oil Prices Slips Due to Economic Downturn

The first phase of the new plan will include basic emergency coverage for company employees in Oman. (Shutterstock)
March 18th, 2019 - 08:34 GMT

White Collar Workers in Oman to Get Health Cover First

Facebook said it removed 1.5 million videos globally of the New Zealand mosque attack. (Pixabay)
March 18th, 2019 - 07:55 GMT

Facebook Deletes 1.5 Million Videos of New Zealand Terror Attack

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