Iran drops two places in recent FIFA rankings

TEHRAN, June 1 (Xinhua) — Iran’s men’s national soccer team plunged two spots to land in the 30th place in the world, Press TV reported on Thursday. According to the latest monthly rankings released by the FIFA on Thursday, the Iranian outfit earned 829 points and remained as the top soccer outfit in Asia. South […]

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U.S. economy grows at modest pace in April, Fed survey shows

WASHINGTON, June 1 (NsNewsWire) — U.S. economy expanded at a modest pace in April and May with still tight labor market and muted price increase pressures, the latest survey result released by the Federal Reserve showed on Wednesday. “Most of the 12 Federal Reserve Districts reported that their economies continued to expand at a modest […]

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China encourages ROK, DPRK to conduct constructive contact

BEIJING, June 1 (Xinhua) — China on Thursday said it encouraged and supported the Republic of Korea (ROK) and the Democratic People’s Republic of Korea (DPRK) to actively conduct constructive dialogue and contact, as well as improve mutual trust. Foreign Ministry spokesperson Hua Chunying made the remarks at a routine press briefing, when commenting on […]

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Xi extends condolences over Afghanistan bomb attack, condemns terrorism

BEIJING, June 1 (Xinhua) — Chinese President Xi Jinping on Thursday sent a message of condolences to his Afghan counterpart Mohammad Ashraf Ghani over the deadly car bomb attack in Kabul. The powerful car bomb exploded on Wednesday in central Kabul, where several diplomatic representative offices, official institutions as well as the Presidential Palace are […]

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Milan investors bullish on banks after Italy-EU deal on MPS

ROME, June 1 (Xinhua) — Investors were bullish on banks Thursday after Italy and the European Union (EU) reached an initial agreement on the precautionary recapitalization of the troubled Monte dei Paschi di Siena (MPS) bank. This means the Italian Treasury can step in to rescue MPS after its shareholders and junior bondholders take losses, […]

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One dead, two missing in corn milling plant explosion in Midwest U.S.

CHICAGO, June 1 (Xinhua) — At least one person was killed and two other workers went missing during a corn milling plant explosion late Wednesday in the state of Wisconsin in the U.S. Midwest, local media ABC news reported. More than 10 employees were injured in the incident at the Didion Milling plant in Cambria, […]

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Former transport minister appointed as Singapore’s ambassador to Japan

SINGAPORE, June 1 (Xinhua) — Singapore has appointed former transport minister Lui Tuck Yew as Singapores ambassador to Japan, said Ministry of Foreign Affairs (MFA) in a press statement on Thursday. Lui served as the Minister for Transport from 2011 to 2015 and concurrently Second Minister for Defence in 2015. He left politics in 2015 […]

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No major progress expected in upcoming talks for Turkey’s EU bid

ISTANBUL, June 1 (Xinhua) — As Turkey and the European Union (EU) prepare to revive long-stalled ties following a stormy period, analysts are not optimistic about the move yielding any significant progress in Ankara’s accession talks and seeing it as a means to keep up appearances for mutual interests. “Both sides have opted to continue […]

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