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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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Jordan Flashes Its Investment Hub Placards in London. (Shutterstock)
February 28th, 2019 - 08:12 GMT

Jordan Flashes Its Investment Hub Placards in London

The value of Qatari exports to Jordan reached Jordanian Dinars (JD) 82.7 million in 2018. (Shutterstock)
February 28th, 2019 - 08:05 GMT

Qatari exports to Jordan reaches JD 82.7 mn in 2018

Roughly 15,000 state employees may have been hired illegally. (Shutterstock)
February 28th, 2019 - 07:47 GMT

Lebanon Investigates 15,000 Illegal State Hires

Lebanon’s domestic bank deposits are forecast to grow by a “conservative” $7 billion to $8 billion in 2019. (Shutterstock)
February 28th, 2019 - 07:29 GMT

Lebanese Domestic Bank Deposits to Grow by $8 Billion Thanks to Government Formation

Saudi Auto Services Market Eyeing a 6 Percent Growth for the Next 5 Years. (Shutterstock)
February 28th, 2019 - 07:00 GMT

Saudi Auto Services Market Eyeing a 6 Percent Growth for the Next 5 Years

UAE Grounds All Flights to Pakistan Citing Security Concerns. (Shutterstock)
February 28th, 2019 - 06:54 GMT

UAE Grounds All Flights to Pakistan Citing Security Concerns

More than 2 million women are now using Absher, the “one-click” app. (File/Photo)
February 28th, 2019 - 06:45 GMT

Despite Global Backlash, Absher App Female Users Soar

Saudi's Digital Economy to Add $2 Billion Annually by 2030. (Shutterstock)
February 28th, 2019 - 06:29 GMT

Saudi's Digital Economy to Add $2 Billion Annually by 2030

How Will the OIC Plan for More Prosperous Islamic Economy? (Shutterstock)
February 28th, 2019 - 06:15 GMT

How Will the OIC Plan for More Prosperous Islamic Economy?

Is Germany Reconsidering Its Arms Exports Ban to Saudi? (Shutterstock)
February 28th, 2019 - 06:00 GMT

Is Germany Reconsidering Its Arms Exports Ban to Saudi?

Investments in Mediterranean Gas Fields Exceed $27 Billion. (Shutterstock)
February 27th, 2019 - 12:41 GMT

Egypt: Investments in Mediterranean Gas Fields Exceed $27 Billion

Gold Prices Rise Following Powell Testimony. (Shutterstock)
February 27th, 2019 - 12:27 GMT

Gold Prices Rise Following Powell Testimony

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