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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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the "negative list" of sectors where the full foreign ownership is not permitted contains 14 industries. (Shutterstock)
January 3rd, 2019 - 08:39 GMT

Foreign Investors in These Sectors Will Not Be Granted 100 Percent Ownership in UAE

Brands are increasingly using influencers as their ambassadors and banking on them to make their products popular with the target audience with a fair degree of success. (Shutterstock)
January 3rd, 2019 - 08:27 GMT

Influencer Marketing to Hit $10 Billion in 2020

Real estate, construction, services and ICT among leading sectors boosting workforce. (Shutterstock)
January 3rd, 2019 - 08:20 GMT

More Than 50 Percent of 2018 Employment in UAE Are Dubai-Based

The people of two Sudans may live in two independent sovereign states, yet are bound by ongoing conflicts, civil wars, and economic awes. (Shutterstock)
January 2nd, 2019 - 09:40 GMT

Sudan and South Sudan, Independent States Sharing Same Economical Challenges

The donation is worth AED2 million (JD400,000) to cover the debts of around 1,600 Jordanian women. (Shutterstock)
January 2nd, 2019 - 09:27 GMT

UAE to Pay the Debt of 1,600 Jordanian Women

Kerosene and diesel will be sold at JD0.560 per litre, down from JD0.605, marking an 8.04 per cent decline. (Shutterstock)
January 2nd, 2019 - 09:21 GMT

Jordan Starts 2019 with Lower Fuel Prices

The tourism sector’s performance indicators showed a rise in the number of overnight tourists, which reached about 860 million by the end of November 2018. (Shutterstock)
January 2nd, 2019 - 09:06 GMT

Tourism Revenues in Jordan Surpass $5-Billion in 2018

These efforts were in line with Oman’s greater push to integrate more Omanis into the private sector. (Shutterstock)
January 2nd, 2019 - 08:49 GMT

Expats Are Banned from Working in This Sector in Oman

A series of momentous changes have given a huge boost to Saudi women’s ability to participate fully in public life. (Shutterstock)
January 2nd, 2019 - 08:38 GMT

2018 in the Eyes of Saudi Women

The forum will highlight the progress, achievements and the great efforts the Kingdom has made for the benefit of mankind and world peace. (Shutterstock)
January 2nd, 2019 - 08:33 GMT

Peace and Tolerance Forum to Be Held in Saudi Arabia

With advancement in technology, more goods are easily exploited in illegal online markets. (Shutterstock)
January 2nd, 2019 - 08:28 GMT

Technology, A Double Edged-Sword, Facilitates Illicit Trading

Around Dh9.2 billion will be allocated for infrastructure spending in the Dubai 219 budget. (Shutterstock)
January 2nd, 2019 - 08:20 GMT

Dubai's Economy to Thrive with Dh56.8 Billion 2019 Budget

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