Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

1-10 results from 1000 for query «rise»

August 5, 2018 2:27 AM Trump and Erdogan square up for a fight

PRESIDENT Donald Trump may have squabbled with Western European leaders on a trip to Nato headquarters last month and cast the European Union as a “foe” but he displayed plenty of warmth for Turkish President Recep Tayyip Erdogan. According to one account, Trump “fist-bumped” his Turkish counterpart when they met in Brussels, praising a leader known 24

July 20, 2018 12:00 AM Dubai Islamic Bank H1 Net Profit rises 14% on core business

Dubai 18th July 2018: Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE by assets, posted group net profit of Dh2.44 billion in the first-half of 2018 compared with Dh2.14 billion for the same period in 2017, up 14 percent. Net revenue for the period ending June 30, 2018 amounted to Dh4.036 billion, an increase of 10 per cent compared with Dh3.677 billion 2

July 19, 2018 12:00 AM LSM growth clocks in at 2.76 percent in May

KARACHI: Large scale manufacturing (LSM) grew 2.76 percent in May as compared to the corresponding month a year earlier as retail sector thrived on growing consumer demand, while construction boom kept fuelling steel production, official data showed on Wednesday. Pakistan Bureau of Statistics (PBS) data showed that food, beverages and tobacco production 3

July 16, 2018 12:06 PM Death toll in Mastung carnage rises 149

ISLAMABAD: The death toll from a suicide attack on an election rally in Mastung Balochistan on Friday spiked to 149, officials said, putting it among the deadliest attacks in Pakistan’s history. Among the dead was the party’s provincial candidate, Siraj Raisani in Friday’s attack at a rally for the Balochistan Awami Party (BAP) outside the town of Mastung

July 15, 2018 12:00 AM EU observer faces delay to monitor elections

ISLAMABAD: The European Union Election Observation Mission (EUEOM) has said that monitoring of certain matters related to the electoral process in Pakistan has not been conducted due to the delay in grant of official permission. In an announcement, it has been said the EUEOM is functional since June 24 only after it was welcomed by Election Commission 2

July 13, 2018 12:00 AM Bank of Korea holds rates

SEOUL: South Korea´s central bank held its base rate steady on Thursday, as expected, but one board member´s dissenting vote may have raised the odds of a rate hike in coming months as major peers tighten monetary policy. A downturn in South Korea´s labour market and feeble price growth have added to policymakers´ concerns over the extent of recovery 6

July 12, 2018 12:59 AM Trade gap hits record $37.7bn

ISLAMABAD: Pakistan’s trade deficit widened to an all-time high of $37.7 billion in the outgoing fiscal year, contributing to the rising current account deficit of the country. The deficit soared almost 16 per cent during the 2017-18, posing a serious challenge for the government to control the menace of rising current account deficit, according to official 6

July 12, 2018 12:00 AM Auto sales surge 21pc to 258,632 units in FY2018

KARACHI: Auto sales surged 21 percent to 258,632 units during the last fiscal year of 2017/18 as low-cost financing boosted demand of cars, light commercial vehicles, vans and jeeps, brokerage reported on Wednesday. Brokerages, citing industry data, said auto sales stood at 213,118 units during the previous fiscal year of 2016/17. Daniyal Adil, an analyst 22

July 5, 2018 12:00 AM NZ urged to lift ban on foreign home buyers

WELLINGTON: The International Monetary Fund called on New Zealand to reconsider a controversial plan to ban foreigners from buying residential property, warning the move could discourage foreign direct investment necessary to build new homes. The IMF offered an upbeat view on New Zealand´s economic outlook despite a recent slew of soft data, and said the housing 3

June 29, 2018 12:00 AM Iran says Saudi plan to boost oil output ridicules OPEC

LONDON: Iran criticised Saudi Arabia´s plan to raise oil output and pressure from the United States on Riyadh do so, saying this was in breach of OPEC´s decision last week and belittled the producer group. OPEC and a group of non-OPEC countries agreed on Saturday that they would return to 100 percent compliance with previously agreed oil output cuts, after 3