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Economy and Policy

Economy and Policy latest

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 annual inflation eases to lowest since 2021, CPI results
August 14th, 2024 - 09:17 GMT

US annual inflation eases to lowest since 2021, CPI results

German Rheinmetall acquires US defense supplier at $950M
August 14th, 2024 - 08:04 GMT

German Rheinmetall acquires US defense supplier at $950M

A gulf state bans cash purchases for cars
August 14th, 2024 - 06:17 GMT
Reema Tuqan

A gulf state to ban cash purchases for cars

Donald Trump and Elon Musk face charges for intimidating union workers
August 13th, 2024 - 08:55 GMT

Donald Trump and Elon Musk face charges for intimidating union workers

Starbucks remedies boycott losses with new CEO from Chipotle
August 13th, 2024 - 08:01 GMT

Starbucks remedies boycott losses with new CEO from Chipotle

Oil prices
August 13th, 2024 - 10:31 GMT
Reema Tuqan

Oil prices drop raising concerns about demand

Egypt and Japan
August 13th, 2024 - 08:03 GMT

Egypt and Japan eye to enhance economic cooperation

China
August 13th, 2024 - 07:47 GMT
Reema Tuqan

China tests its first world's largest cargo drone

Oil prices rise 4% as US sends forces to Middle East fearing Iranian attack
August 12th, 2024 - 10:29 GMT

Oil prices rise 4% as US sends forces to Middle East fearing Iranian attack

US officials heading to China for trade talks amid rising tensions
August 12th, 2024 - 10:02 GMT

US officials heading to China for trade talks amid rising tensions

Mexico
August 12th, 2024 - 12:42 GMT

Mexico's industrial activity expands in June by 0.4%

Saudi Arabia outlines updated investment legislation to attract foreign capital
August 11th, 2024 - 09:28 GMT

Saudi Arabia outlines updated investment legislation to attract foreign capital

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