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Xinhua world news summary at 0030 GMT, J...
WASHINGTON -- Five people were killed Wednesday after a shooter opened fire in a bank in the U.S. state of Florida, according to local police. "After an assessment of the scene we were sorry to learn
Bank shooting in U.S. state of Florida k...
Five people were killed Wednesday after a shooter opened fire in a bank in the U.S. state of Florida before surrendering to law enforcement officials, according to local police. "After an assessment
Five killed in central Florida bank shoo...
A gunman killed five people inside a bank in central Florida on Wednesday, then called the police himself and eventually surrendered, local authorities said.The shooting occurred at the SunTrust Bank
2nd LD Writethru: Trump nominates Treasu...
WASHINGTON, Feb. 6 (Xinhua) -- U.S. President Donald Trump announced Wednesday that he has chosen David Malpass, undersecretary for international affairs at the U.S. Treasury Department, as the U.S.
Foreign exchange rates in Pakistan
ISLAMABAD, Feb. 11 (Xinhua) -- The following are interbank rates of foreign currencies against the Pakistani rupee released by the National Bank of Pakistan on Monday: Currency Buying Selling U.S. do
World Bank to invest 400 mln USD in Leba...
BEIRUT, Feb. 11 (Xinhua) -- A World Bank delegation said on Monday that the institution wants to launch a program of 400 million U.S. dollars spanning five years in Lebanon to create job opportunitie
Ending America’s World Bank monopoly
Editor's note: Kaushik Basu is a former chief economist of the World Bank, a professor of Economics at Cornell University and nonresident senior fellow at the Brookings Institution.The article refle
China scales up rural sanitation to embr...
Residents in Nuanshui Village carry rubbish to a "waste bank" every day. They are willing to stand in a long queue waiting to turn their waste into daily necessities. Sitting in the city of Dexing i
China to maintain monetary policies, arb...
Bank loans increased by 3.23 trillion yuan （0.48 trillion U.S. dollars）in January, credit numbers announced last week by the People's Bank of China (PBOC) showed. At the same time, total social finan
Weekly policy snapshot of Chinese econom...
The following are the key moves taken by China's policymakers in the past week to enhance China's economic strength and sustainability, which will have different levels of impact on the market. --FI
S.Korea's bank lending rate falls for 3 ...
SEOUL, Feb. 26 (Xinhua) -- South Korea's bank lending rate fell for three straight months amid an expected delay in the policy rate hike, central bank data showed Tuesday. Rate for new bank loan to h
China faces insufficient sperm donors as...
Sperm banks across China are experiencing a new wave of supply shortage as demand continues to grow. Sichuan Human Sperm Bank said it had 800 volunteers in 2018, down from 1,400 the previous year. Th
Fed Chairman Powell highlights patience ...
WASHINGTON, Feb. 26 (Xinhua) -- U.S. Federal Reserve Chairman Jerome Powell told Congress Tuesday in a testimony that the central bank will be "taking a patient approach" in determining future change
U.S. regional non-manufacturing sector i...
HOUSTON, Feb. 26 (Xinhua) -- Business activities in the non-manufacturing sector in some eastern U.S. states improved in February, according to a report of the Federal Reserve Bank of Philadelphia re
EU court orders Latvian authorities to l...
RIGA, Feb. 26 (Xinhua) -- Bank of Latvia Governor Ilmars Rimsevics can resume work as head of the Baltic country's central bank thanks to a verdict delivered on Tuesday by the European Court of Justi
Fed Chairman Powell reiterates patience ...
WASHINGTON, Feb. 26 (Xinhua) -- U.S. Federal Reserve Chairman Jerome Powell said on Tuesday that the central bank will be patient in charting out the course for future monetary policy, warning that t
German central bank to transfer more pro...
BERLIN, Feb. 27 (Xinhua) -- Bundesbank, the German central bank, will transfer 2.4 billion euros of its profits made in 2018 to the governmental budget, a significant increase compared with 1.9 billi
Zimbabwe secures nearly 1 bln USD offsho...
HARARE, March 4 (Xinhua) -- Zimbabwe has since last year secured loans amounting to 985 million U.S. dollars from foreign lenders to prop up its ailing economy, Reserve Bank of Zimbabwe Governor John
World Bank to provide 1.9 bln USD to Jor...
AMMAN, March 4 (Xinhua) -- The World Bank will provide 1.9 billion U.S. dollars to Jordan over the next two years to support the country's reforms, state-run Petra news agency reported on Monday. The
Nordea bank CEO calls for more int'l mea...
HELSINKI, March 4 (Xinhua) -- Helsinki-based Nordea bank on Monday regretted that its "measures against money laundering had been insufficient earlier", after media revelation about suspicious transf
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