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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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Emirates NBD delivered a record set of results in 2018, with net profit up 20 per cent year-on-year to Dh10 billion. (Shutterstock)
February 19th, 2019 - 12:04 GMT

Emirates NBD Ranked No.1 UAE Banking Brand, 76th Worldwide

China on Monday rejected the position of the US on Huawei. (Shutterstock)
February 19th, 2019 - 11:50 GMT

China Refuses US Position on Huawei

The collapse of trade talks would trigger a new round of tariff hikes. (Shutterstock)
February 19th, 2019 - 11:47 GMT

Will US-China Trade Deal Be Enough?

The police said they needed to raise awareness in the community about ways residents can protect their privacy online. (Shutterstock)
February 19th, 2019 - 11:07 GMT

Up to 95 Percent of Dubai's Crimes Will Be Committed Online

The South Korean ambassador to Turkey said Monday a deal signed last August will boost trade volume between the two countries. (Shutterstock)
February 19th, 2019 - 10:53 GMT

Turkey, S.Korea, Sign a Deal to Boost Trade Volume

Britain's tradition of cosying up to dictators will be further entrenched by post-Brexit desperation. (Shutterstock)
February 19th, 2019 - 10:44 GMT

The Snowball Effect of Brexit

Emirates Airline has been recognised as the best airline several times and continues to make profits. (Shutterstock)
February 19th, 2019 - 10:40 GMT

Emirates Airlines, From a Dream to One of the Biggest Airlines in the World

Electricity across Lebanon should be restored to its normal levels by the start of Thursday. (Shutterstock)
February 19th, 2019 - 10:06 GMT

At Last, Lebanon’s Electricity to Return to Normal by Wednesday

Around 300 electric car charging stations will be required in and around Doha. (Shutterstock)
February 19th, 2019 - 09:54 GMT

300 Charging Stations Required in Doha for Electric, Hybrid Cars

Islamabad has had a unique relationship with the Kingdom. (Shutterstock)
February 19th, 2019 - 08:56 GMT

Saudi Arabia, Pakistan ‘The Dawn of a New Relationship’

The installed wind power capacity in the country currently stands at over 7,000 megawatts. (Shutterstock)
February 19th, 2019 - 08:21 GMT

Wind Energy Sector Records 7.24 Percent Growth in Turkey

Saudi Crown Prince Mohammed bin Salman and Pakistan's Prime Minister. (AFP)
February 19th, 2019 - 08:03 GMT

Pakistan Aims to Secure up to $50 Billion Foreign Investment in Five Years

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