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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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More Than 160 Percent Increase in Women's Salaries in Oman (Shutterstock)
January 14th, 2019 - 07:50 GMT

More Than 160 Percent Increase in Women's Salaries in Oman

UAE Stops Issuing 6-Month Visa for Job Seekers (Shutterstock)
January 14th, 2019 - 07:26 GMT

UAE Stops Issuing 6-Month Visa for Job Seekers

UAE, Oman, Saudi Arabia, Kuwait and Bahrain registered a drop in the number of Indian workers looking for opportunities. (Shutterstock)
January 13th, 2019 - 12:32 GMT

Number of Indian Workers in GCC Drops in 2018 Due to Nationalization Schemes

The UAE is among the fastest growing markets for UK services globally, with total services trade at GBP5.6 billion with the UAE, up 90 percent over the last decade. (Shutterstock)
January 13th, 2019 - 12:17 GMT

UK Eyes Fintech, Green Finance Opportunities in UAE

Professionals will also be able to sponsor their families during the licence's validity period. (Shutterstock)
January 13th, 2019 - 12:07 GMT

New 2-Year Visa Announced for Doctors in UAE

Significant number of scheduled flights will be impacted by the closure of DXB's Southern Runway. (File/Photo)
January 13th, 2019 - 11:55 GMT

Emirates to Cancel 25 Percent of Its Flights Due to Runway Closure

The only month where sales went slightly up was December, when a 4 per cent increase in sales brought in JD450 million for the sector. (Shutterstock)
January 13th, 2019 - 10:29 GMT

Jordan's Housing Sector Plummets 13 Percent in 2018

Kaeser believes Saudi Arabia will continue to be an attractive target for foreign investment. (Shutterstock)
January 13th, 2019 - 10:21 GMT

Siemens' CEO Warns Saudi Arabia About the Effects of Large-Scale Economic Change

Razzaz underscored that this soft loan is the largest the Kingdom has ever received from the World Bank. (Shutterstock)
January 13th, 2019 - 10:03 GMT

World Bank to Loan Jordan $1.2 Billion at Low Interest Rates

The change in speculative flows marks a reversal from last month’s gloomy activities. (Shutterstock)
January 13th, 2019 - 09:43 GMT

Fluctuation of Oil Prices Affecting the Market's Sentiments

Ghosn has been refused bail, has not been allowed to have lawyers present under questioning, and has been unable to meet with his family since his arrest. (Shutterstock)
January 13th, 2019 - 09:25 GMT

Ghosn's Arrest Arose Questions About Japan's Justice System

The implementation of taxes will not be useful to policies on the diversification of sources of revenue without taking necessary prerequisite steps and approval of advanced accounting system. (Shutterstock)
January 13th, 2019 - 08:30 GMT

Kuwaiti Official: 'Tax System to Strengthen Nationalism'

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