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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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There are no laws in Bahrain that regulate the Bitcoins system. (Shutterstock)
May 28th, 2018 - 08:40 GMT

The Bitcoin Trade Booming on Bahraini Websites

Rise in index has a lot of myriad causes. (Shutterstock)
May 28th, 2018 - 08:27 GMT

8 Causes Behind the US Dollar Index’ Surge

The UAE has expanded its role as one of the leading hubs for Islamic finance, an alternative way of banking and insurance based on Islamic law. (AFP)
May 28th, 2018 - 07:58 GMT

Great News for the Islamic Banking Industry

The Aramco IPO would be a once-in-a-generation event for financial markets. (File Photo)
May 27th, 2018 - 09:26 GMT

Saudi Minister Al-Falih Says Aramco IPO Likely in 2019

Saudi women are keen to shoulder responsibilities in high-profile jobs. (AFP)
May 27th, 2018 - 09:19 GMT

Women Ready for Top Jobs, Says Saudi Arabia’s First Female Tour Guide

"The strong interest exhibited by companies in participating in this important event and discussing future projects is a reflection of these efforts.” (Arab News)
May 27th, 2018 - 08:57 GMT

Saudi Security Expo to Be Held in Riyadh in November

Earlier, the name of Lulu Hypermarket was used to in another series of scam messages. (Shutterstock)
May 27th, 2018 - 08:27 GMT

UAE Residents, Do Not Open This WhatsApp Voice Note

Fintech is a portmanteau of financial technology that describes an emerging financial services sector in the 21st century. (Shutterstock)
May 27th, 2018 - 08:17 GMT

Internet Business in Iran to Use Fintech Soon

The number of automatic teller machines (ATMs) operated by banks in the UAE hit 5,274. (Pixabay)
May 27th, 2018 - 07:43 GMT

UAE Banks Operate 5,274 ATMs

The highest number recorded was 2, 724, the total number of expats convicted and deported in 2015. (Pixabay)
May 27th, 2018 - 07:01 GMT

5,000 Expats in Bahrain Deported in The Past Three Years

The Sultanate's production of crude oil and condensates till the end of April 2018 stood at 116,065,000 barrels. (Shutterstock)
May 27th, 2018 - 06:48 GMT

Omani Crude Oil Price Rises 22 Percent Till April 2018

SAMA has urged all trade banks to prepare their infrastructure for the new coins. (AN)
May 24th, 2018 - 08:45 GMT

Saudi Riyal Coins to Gradually Replace Notes

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