SoftBank's Saudi ties unnerve investors as journalist crisis deepens

Fear the worst Saudi journalist Jamal Khashoggi

The statement was issued as worldwide concern grew over the writer who vanished on a visit to the Saudi Consulate in Istanbul over a week ago.

Turkey accepted a Saudi proposal last week to form a joint working group to investigate Khashoggi's disappearance, which has sparked threats of economic sanctions from Western allies.

A pro-government Turkish daily published preliminary evidence last week from investigators it said identified a 15-member Saudi intelligence team which arrived in Istanbul on diplomatic passports hours before Khashoggi disappeared on October 2. The Saudis deny this, but have provided no evidence to back their claim that he left the consulate alive.

Journalist Jamal Khashoggi entered Istanbul's Saudi consulate and has not been heard from since.

Long before the dissident Saudi journalist, the kingdom has sought influence in the West - perhaps intended, in part, to make us forget what it is. Of 188 stocks traded on the exchange, 179 ended the day with a loss.

Still, regional traders said speculation the Khashoggi case might deter some inflows of foreign investment - and that a backlash in the US Congress could lead to US sanctions against some Saudi individuals - had triggered panic selling of stocks by some local investors.

In a joint statement later Sunday, the foreign ministers of the UK, France and Germany said "light must be shed" on Khashoggi's disappearance. "We have nothing to hide", he said.

More news: Khashoggi's fiancee will only visit the White House if Trump investigates

"We were going to browse appliances for our new home and meet with our friends and family members over dinner", she wrote.

'If they have got nothing to hide then they will, and should, co-operate'.

Khashoggi hasn't been seen since he entered the Saudi consulate in Istanbul on October 2.

"The Kingdom also affirms that if it receives any action, it will respond with greater action, and that the Kingdom's economy has an influential and vital role in the global economy", the source added, without elaborating.

The statement did not elaborate. Benchmark Brent crude is trading at around $80 a barrel, and Mr Trump has criticized OPEC and Saudi Arabia over rising prices.

"If the price of oil reaching $80 angered President Trump, no one should rule out the price jumping to $100, or $200, or even double that figure". Turning a blind eye to the human rights abuses of Saudi Arabia is no way of "changing the world". "From where we sit, we don't see any demand for Saudi equities at all".

In response to Khashoggi's disappearance, media organizations and some technology executives pulled out of the Riyadh investment conference scheduled for next week. A medieval theocracy that still, doubling as a modern nation with malls (including a ), Saudi Arabia has been called " Remarkably, the country has avoided pariah status in the United States thanks to, Riyadh's carefully cultivated, its, and.

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