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Saudi Arabia rejects Trump's threats of punishment over Khashoggi row as its market tanks 6.8%

1 month ago   |   By

The Saudi stock market has dropped more than 6.8 percent after President Donald Trump threatened "severe punishment" over the disappearance of Washington Post columnist Jamal Khashoggi.
The drop in the Tadawul exchange in Riyadh happened Sunday, the first day of trading.
Saudi Arabia has responded that it rejects any "threats" of economic sanctions or political pressure.
Turkish officials say they fear Saudi agents killed Khashoggi after he entered the Saudi Consulate in Istanbul on Oct. 2. The kingdom has called the allegations "baseless."
The Saudi stock market has dropped more than 6.8...
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Saudi Arabia Threatens Retaliation After Trump Hints at Sanctions Over Missing Journalist

Saudi Arabia Threatens Retaliation After Trump Hints at Sanctions Over Missing Journalist

1 month ago   |   By

Saudi Arabia made clear Sunday it would not take any threats against the kingdom lightly, vowing that it would retaliate against any sanctions imposed by other countries. The statement from an unnamed government official appeared to be a response to President Donald Trump's threat of “severe punishment” for the world's largest oil exporter if it's proven that the country was responsible for the disappearance of journalist Jamal Khashoggi in Istanbul.
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Saudi stocks plunge amid pressure over Khashoggi disappearance

1 month ago   |   By

Uncertainty surrounding the disappearance of Saudi journalist has caused the market to fall, market strategists say.
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Saudi Arabia Vows to Retaliate As Its Stock Market Plunges

1 month ago   |   By

Saudi Arabia said Sunday it will respond in kind to threats against it after President Donald Trump's warning of “severe punishment” over the alleged killing of journalist Jamal Khashoggi. The Saudi response came after the Tadawul stock exchange in Riyadh dropped by 7 percent during the week's first day of trading, with 182 of its...
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Saudi Arabia rejects 'threats' after Trump comments on missing journalist

1 month ago   |   By

The president said on Saturday that Saudi Arabia could face "severe punishment" if it's confirmed the missing journalist was killed inside the Saudi consulate in Istanbul.
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Saudis reject threats as stocks plunge after Trump comments

1 month ago   |   By

Saudi Arabia has warned it will respond to any threats against it as its stock market plunges after Trump's warning over the disappearance of a veteran Saudi journalist
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Saudi Arabia Will Retaliate ‘Stronger' If President Trump Takes Action Over Journalist Jamal Khashoggi's Disappearance

1 month ago   |   By

Saudi Arabia will retaliate against any punitive measures with an even “stronger” response, the official news agency reported, in an apparent reaction to U.S. President Donald Trump's threats to take action over the disappearance of a prominent government critic.
“The kingdom rejects any threats,” the Saudi Press Agency reported, citing an official it didn't identify.
Saudi Arabian equities slumped as much as 7 percent Sunday on concern over possible U.S. measures.
In an excerpt from an interview with CBS's “60 Minutes,” Trump added pressure on the kingdom, vowing “severe punishment”...
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Saudis reject threats as stocks plunge after Trump comments

1 month ago   |   By

DUBAI, United Arab Emirates - Saudi Arabia warned Sunday it will respond to any "threats" against it as its stock market plunged following President Donald Trump's warning of "severe punishment" over the disappearance of Washington Post contributor Jamal Khashoggi.
Trump made a point of visiting the kingdom on his first overseas trip as president and has touted arms sales to Saudi Arabia. But both the White House and the kingdom are under mounting pressure as concern grows over the fate of the veteran journalist, who hasn't been seen since he entered the Saudi Consulate in Istanbul on Oct. 2.
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