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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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Oman’s rapidly expanding retail sector could generate up to 54,000 jobs. (Shutterstock)
May 13th, 2018 - 10:00 GMT

Oman's Retail Sector Could Generate 50,000 Jobs

Even though Trump’s move has benefited Moscow in several ways, the question is how much Putin can capitalize on them. (Shutterstock)
May 13th, 2018 - 09:00 GMT

Russian Companies to Benefit From Trump's Iran Withdrawal

Dubai is also ranked second in the 'low unemployment' rate globally, especially among the youth. (Shutterstock)
May 13th, 2018 - 08:00 GMT

Dubai Ranks First in the Arab World and Fourth Worldwide in 'Economic Performance'

Blockchain products tailored to the needs of a specific industry have already been adopted. (Pixabay)
May 13th, 2018 - 07:38 GMT

Will Blockchain (De)Stabilize the Entire Business Environment?

MPs have voted against a proposal to tax expat remittances. (Shutterstock)
May 10th, 2018 - 02:08 GMT

Proposal to Tax Expat Remittances Is Rejected

“The result of the report is firmly in line with Qatar National Vision 2030 strategic goal of enabling the development of a sustainable digital society in Qatar,” HE the Minister of Transport and Communications Jassim Seif Ahmed al-Sulaiti said.
May 10th, 2018 - 01:00 GMT

Qatar Is Second in Global Mobile Engagement Index

The dollar was selling for 65,000 rials, according to foreign exchange website Bonbast.com, which tracks the free market. (Shutterstock)
May 10th, 2018 - 08:00 GMT

Iran’s Rial Near Record Lows Against the Dollar as Trump Decision on Nuclear Deal Looms

Bitcoin prices trade higher on Thursday after three days of losses. (Shutterstock)
May 10th, 2018 - 06:52 GMT

Bitcoin Prices See Relief After Three Days of Losses

Crude oil prices rally after U.S. President Donald Trump backs out of the Iranian nuclear deal. (AFP)
May 10th, 2018 - 06:44 GMT

Oil Prices Respond to Trump's Move on Iran With Surge

Bitcoin has been hailed as the future of digital finance. (Pixabay)
May 9th, 2018 - 10:00 GMT

Bitcoin's Biggest Rival Faces Overhaul as Computing Power Rises

How Saudi Labor Law Serves Women. (Shutterstock)
May 9th, 2018 - 09:00 GMT

How Saudi Labor Law Serves Women

The study showed that the potential impact on the UAE economy in just 2 years time at 2020 is estimated at $14.5 billion. (Shutterstock)
May 9th, 2018 - 07:56 GMT

Hunt for Skilled Workers May Cost $8.5 Trillion to Global Economy by 2030

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