NsNewsWire | Bangladesh's First Press News Agency

Japan’s lower house passes bill on Emperor Akihito’s abdication

TOKYO, June 2 (Xinhua) — Japan’s lower house of parliament on Friday passed a bill enabling Emperor Akihito to step down and pass his duties over to Crown Prince Naruhito. The abdication bill states that the public understand and sympathize with the wishes of the Emperor and says that his abdication should come within three […]

Hundreds of migrants evacuated from Athens old airport

ATHENS, June 2 (Xinhua) — A Greek police operation was underway on Friday to peacefully evacuate about 500 refugees and migrants from the Athens old airport of Hellenikon, Greek national news agency AMNA reported. Over the past two weeks officials of Greece’s Migration Policy ministry had been briefing the remaining residents of the makeshift camp […]

A rapid assessment of national budget 2017-18 : Unnayan Onneshan

Dhaka, June 2 (NsNewsWire) –The Unnayan Onneshan (UO), an independent multidisciplinary think-tank, states that the proposed budgetary measures for FY 2017-18 fall short in addressing high prices, sluggish growth in real sector, rising joblessness, dwindling social sector spending, and institutional weaknesses. The budget speech seems to lack providing prudent and farsighted solutions to the current […]

Atletico Madrid have transfer ban upheld

MADRID, June 1 (Xinhua) — Atletico Madrid on Thursday had their ban on signing new players upheld by the Court of Arbitration in Sport. Atletico had appealed against the FIFA ban, which was imposed as the result of irregularities in the signing of underage foreign players for their youth system and which forbids them from […]

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 […]

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 […]

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 […]

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 […]

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, […]