Nikkei Rises to Record Closing High on Tech Boost

Tokyo: Japan’s Nikkei share average rose for a third consecutive session and hit a record closing high, supported by heavily weighted tech stocks. The Nikkei closed up 0.47% at 59,416.49 while the broader Topix index fell 0.04% to 3,714.85 points.

UK Borrowing Falls to Three-Year Low: ONS

London: Annual UK government borrowing has fallen to a three-year low. Borrowing, the difference between spending and income from taxes, fell £19.8bn to £132bn in the year to March, the Office for National Statistics (ONS) said, marking the lowest lev…

Gene Therapy Shows Promising Results for Inherited Deafness

Beijing: An experimental gene therapy for people with an inherited form of deafness led to durable hearing improvements, a new study shows, with associated gains in patients’ ability to recognize speech.

According to Emirates News Agency, the resear…

5.7-Magnitude Earthquake Strikes Off Greek Island of Crete

Crete: A significant earthquake measuring 5.7 on the Richter scale struck the sea region off the coast of eastern Crete, Greece.

According to Emirates News Agency, the tremor occurred at approximately 6:18 a.m. local time. The earthquake was centre…