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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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EU Refuses Brexit Negotiation With UK. (Shutterstock)
March 13th, 2019 - 09:31 GMT

EU Refuses Brexit Negotiation With UK

The Kingdom has also witnessed a series of protests staged by jobseeker. (Shutterstock)
March 13th, 2019 - 08:38 GMT

Jordan's Government Under Attack for Unemployment Issues

Most of these European tourists come to Lebanon as part of tour groups organized by travel agencies. (Shutterstock)
March 13th, 2019 - 08:31 GMT

Will the Hospitality Sector in Lebanon Be Resurrected Soon?

US crude exports will surpass shipments from Russia and nearly catches up to Saudi Arabia by 2024. (Shutterstock)
March 13th, 2019 - 08:19 GMT

IEA: US to Lead Global Oil Supply Growth to 2024

The Middle East has great potential as a shale oil-producing area. (Shutterstock)
March 13th, 2019 - 08:01 GMT

UAE Mulls Producing Shale Oil

An Ethiopian Airlines 737 Max 8 bound for Nairobi crashed minutes after take-off on Sunday, killing all 157 aboard. (AFP)
March 13th, 2019 - 07:52 GMT

Countries, Carriers Ban Operations of Boeing 737 Max

Rental yields remain high compared to global average. (Shutterstock)
March 13th, 2019 - 07:16 GMT

Rental Yields in UAE Remain High Compared to Global Average

Is Consolidation the Key for GCC Banks to Stay Competitive? (Shutterstock)
March 12th, 2019 - 01:10 GMT

Is Consolidation the Key for GCC Banks to Stay Competitive?

Jordan, US Discuss Opportunities to Bolster Strategic Partnership. (Shutterstock)
March 12th, 2019 - 12:43 GMT

Jordan, US Discuss Opportunities to Bolster Strategic Partnership

Kuwaiti MPs Demand Deportation of 50 Percent of Expats. (Shutterstock)
March 12th, 2019 - 12:31 GMT

Kuwaiti MPs Demand Deportation of 50 Percent of Expats

Bahrain Remains Best Country for Expats. (Shutterstock)
March 12th, 2019 - 11:03 GMT

Survey: Bahrain Remains Best Country for Expats

A total of Dh9.5 billion of the remittances were transferred through banks and Dh30.4 billion through money exchange companies. (Shutterstock)
March 12th, 2019 - 10:55 GMT

Expats' Remittances in UAE Exceeded $10 Billion in Q4 2018

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