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Tag: grows

Diplomatic rift grows between South Korea and Japan

Diplomatic rift grows between South Korea and Japan

World
SEOUL, Dec. 24 (UPI) -- South Korea and Japan clashed over a radar claim and historic issues amid growing diplomatic rift. Kim Yong-kil, director-general of the Northeast Asian affairs at Seoul's Foreign Ministry, met Kenji Kanasugi, director-general of the Asian and Oceanic Affairs Bureau of the Japanese Foreign Ministry Monday to discuss a recent South Korea's court ruling on forced laborers during World War II and Japan's alleged claim on the South Korea warship's directing of radar onto a Japanese patrol plane. Kanasugi told reporters after the meeting that he strongly demanded that South Korea take measures to prevent the recurrence of the military incident, Mainichi Shimbun reported. "The two countries agreed to continue to communicate over the issue," said Kanasugi, according to NH...
Economy grows by 0.6% despite September 'weakness'

Economy grows by 0.6% despite September 'weakness'

Business
The UK economy expanded by 0.6% in the three months to September - its strongest quarter in almost two years - but there are growing signs of a slowdown ahead of Brexit. Early official figures from the Office for National Statistics (ONS) - which were in line with the forecasts of economists and the Bank of England - pointed to a hot summer boost for consumer spending.This rose 0.5% on the previous three months. The figures also showed a 2.1% output increase from construction after weather disruption earlier in the year and manufacturing also picking up.But the ONS said demand took a hit in September as temperatures cooled - with business investment contracting at the fastest pace since early 2016 as attention turned to uncertainties over the country's future trading rela...
Self-employed pie in home loan grows, so do defaults

Self-employed pie in home loan grows, so do defaults

Finance
A subdued loan demand from businesses is increasing competition in home loans, leading to a rise in the number of self-employed individuals getting mortgages. Home loans to self-employed accounted for 30 per cent of mortgages in fiscal 2017-18 as against 20 per cent earlier. But the flip side is that delinquencies are also rising. Gross non-performing assets (NPAs) in the segment are estimated to have inched up by 40 basis points (100bps = 1 percentage point) to around 1.1 per cent by the end of fiscal 2018, compared with about 0.7 per cent a few years back. According to a report by ratings agency Crisil, home loans to the self-employed segment have been growing at a compounded annual growth rate of 33 per cent in the past four years compared to overall 20 per cent expansion in housing fin...
European Union grows at fastest pace for 10 years

European Union grows at fastest pace for 10 years

Business
The European Union economy grew at its fastest pace in a decade last year, figures from the EU statistics office Eurostat have confirmed.The 28-strong EU expanded by 2.5% in 2017, its strongest performance since 2007, when it grew by 2.7%.In the final three months both the EU and the 19-nation eurozone grew by 0.6% compared with the previous quarter.That was mirrored by growth in the EU's biggest economy, Germany, which grew by 0.6% in the final quarter of 2017.France also expanded by 0.6%, while Spanish growth was a notch stronger at 0.7%.Overall in 2017, the eurozone grew by 2.5%, Eurostat said, the fastest growth rate since a 3% rise in 2007.These latest figures confirm the flash estimates published by Eurostat at the end of January, which were based on more limited data. Investec eco...
How a tumor grows can predict which cancer drug will work best

How a tumor grows can predict which cancer drug will work best

Health
Dec. 22 (UPI) -- New research out of the University of Southern California suggests the growth patterns specific to a tumor can predict which cancer therapies are likely to work best.Like the patients in which they grow, every tumor is unique. Doctors and researchers are becoming increasingly aware of this fact as they devise individualized cancer treatments. Because each tumor is unique, cancerous growths respond differently to various drugs.Cancer drugs can have deleterious side effects, so finding the most effective drug -- or combination of drugs -- on the first try is imperative."Identifying a measurement or quantity that predicts how specific tumors will respond, called a predictive biomarker, is extremely valuable to cancer research," Stacey Finley, a assistant professor of biomedic...