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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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US Olympic medalist Ibtihaj Muhammad with her Barbie model. (AFP)
January 6th, 2019 - 10:28 GMT

A Review on Barbie's Mark on Saudi Arabia on Her 60th Birthday

The government of President Hassan Rouhani said the laws are needed to meet demands set by the international Financial Action Task Force. (Shutterstock)
January 6th, 2019 - 09:54 GMT

Anti-Money Laundering Bill Approved in Iran to Maintain International Trade

Iranian Deputy Oil Minister for International Affairs and Trading Amir-Hossein Zamaninia said despite the U.S. sanctions more oil buyers have approached the country for negotiations. (Shutterstock)
January 6th, 2019 - 09:31 GMT

Number of Iran's Oil Buyers Increases Despite US Sanctions

The Association of Banks in Lebanon Friday dismissed as “baseless” two civil lawsuits filed in New York this week against more than 10 Lebanese banks. (Shutterstock)
January 6th, 2019 - 08:59 GMT

U.S. Lawsuits Against 10 Lebanese Banks Dismissed

According to the premier, Jordanians contribute 26.5 per cent to the Treasury’s total revenues, in taxes and fees.(Shutterstock)
January 6th, 2019 - 08:51 GMT

Jordan: No Tax Hikes in 2019

Shop owners described 2018 as “the worst year ever” (Shutterstock)
January 6th, 2019 - 08:36 GMT

Jordan's Jewelry Sector Witnesses Worst Year in Decade

The program aims to improve independent thinking by encouraging questions and creating an environment conducive to respecting different viewpoints. (Shutterstock)
January 6th, 2019 - 08:24 GMT

Critical Thinking and Philosophy to Be Included in 2019 Saudi Schools' Curriculum

Since the campaign began in November 2017 the total number of offenders was 2,376,215, which included 1,846,252 for violating residency regulations, 364,636 for labor violations and 165,327 for border violations. (Pixabay)
January 6th, 2019 - 08:19 GMT

More Than 2 Million Expats Arrested in Saudi Arabia in 2018

Several economic officials and analysts have affirmed that the outlook for the UAE economy is highly positive despite global headwinds. (Shutterstock)
January 6th, 2019 - 08:14 GMT

UAE's GDP Projected to Grow 3.7 Percent in 2019

Oil prices collapsed over 40 per cent in the fourth quarter, but surged to its best weekly gain in more than two years this week. (Shutterstock)
January 6th, 2019 - 08:09 GMT

US-China Trade Talks to Set the Future Direction for Oil Market

Dh23.4m worth of fines waived off last year to help firms cope up with challenging environment. (Shutterstock)
January 6th, 2019 - 07:53 GMT

Dubai to Maintain 50 Percent Reduction in Fines for Businesses in 2019

Going forward, the FTA is going to conduct tax audits on businesses, which will ensure that the they take compliance with VAT more seriously than what they have been doing in the first year. (Shutterstock)
January 6th, 2019 - 07:46 GMT

More Than 296,000 Businesses Registered for VAT in UAE

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