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Geplaatst: 13-07-2018 03:52:03 Onderwerp: te Mo Yan, in an inter |
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VLADIVOSTOK Authentic Zdeno Chara Jersey , July 30 (Xinhua) -- The final stage of a multi-year bike tour finished its way through the Russian Far East and came to an end here on Wednesday.
Cyclists in this Eurasian "Russia and World Without Orphans" event were greeted by the local cyclist community at Vladivostok's highest observation point in the evening.
The bike tour is a multi-year activity divided into four sections. The first section -- from Mariupol to Kiev -- took place in 2011. The second phase -- from Kiev to Ekaterinburg via Moscow -- was launched in 2012.
The third -- from Ekaterinburg to the Baikal Lake -- was concluded in 2013. The fourth and final section tour started from Baikal and ended in Vladivostok.
Those who took part in all the four sections rode a total of 12,000 kilometers, or 100 kilometers to 200 kilometers a day.
"We are extremely happy that we made it here! Vladivostok is not only the final destination of the fourth phase, but it is the conclusion of the whole activity," cyclist Dmitry Karlush told Xinhua.
"We are glad and proud to welcome the bike tour participants in Vladivostok because they promote the basic human values," said Aleksandr Kisel, an official of the city's Department of Sports and Physical Education.
Most of the bike tour's participants are former street kids, their adoptive parents, and adoption advocates. They are planning to ride through North America and Europe in the future.
NEW YORK, Jan. 14 (Xinhua) -- U.S. stocks continued to drop Wednesday amid mixed earnings of American banks, soft data and concerns about global economy.
The Dow Jones Industrial Average slipped 186.59 points, or 1.06 percent, to 17,427.09. The S&P 500 fell 11.76 points, or 0.58 percent, to 2,011.27. The Nasdaq Composite Index dipped 22.18 points, or 0.48 percent, to 4,639.32.
JPMorgan Chase & Co., the largest U.S. bank by assets, posted Wednesday net income of 4.9 billion U.S. dollars for the fourth quarter, or 1.19 dollars per diluted share, down from 5.3 billion dollars, or 1.30 dollars per share, in the fourth quarter of 2013. The company's results were hurt by expensive legal costs. In response, its shares slumped 3.45 percent to 56.81 dollars apiece.
Shares of Wells Fargo, the biggest U.S. mortgage lender, fell 1. 16 percent to 51.25 dollars apiece after the company delivered quarterly earnings in line with market expectations.
The somber start of U.S. banks'earnings sent financial stocks lower. The financials sector decreased 1.42 percent Wednesday, the biggest laggard among the S&P 500's 10 sectors.
On the economic front, U.S. retail and food services sales lost 0.9 percent in December on a seasonally adjusted basis, the biggest decline since January 2014, said the U.S. Commerce Department. The drop was much bigger than analysts' expectations.
Separately, the Commerce Department said U.S. business inventories were up 0.2 percent in November from October, lower than market consensus of 0.3 percent.
"A weak finish for fourth quarter retail sales suggests consumers may not be quite as happy about lower gas prices as thought," said Chris Low, chief economist at FTN Financial, in a note.
Additionally, the price index for U.S. imports fell 2.5 percent in December, the biggest decline in six years, the U.S. Labor Department said. Meanwhile, export prices dropped 1.2 percent last month.
Dampening investor sentiment, the World Bank lowered its global economy growth forecasts for 2014 and 2015 Tuesday. In its latest flagship report Global Economic Prospects, the World Bank projected the global economy to grow 2.6 percent in 2014 and 3 percent in 2015, down 0.2 percentage point and 0.4 percentage point respectively from its June forecasts.
Overseas markets saw a broad-based decline Wednesday following the World Bank report.
However, the Federal Reserve's Beige Book released Wednesday afternoon soothed anxious investors to some extent and helped the three major indices recoup part of their losses to come off session lows.
The report showed that the world's largest economy continued to expand during the reporting period of mid-November through late December, with most Districts reporting a "modest" or "moderate" pace of growth.
A strong rebound in oil prices also provided some upward jolts to the stock market.
Despite rising U.S. crude inventories last week, light, sweet crude for February delivery surged 5.6 percent to settle at 48.48 dollars a barrel on the New York Mercantile Exchange as traders bought the dip.
The CBOE Volatility Index, often referred to as Wall Street's fear gauge, rose 4.47 percent to end at 21.48.
In other markets, the dollar decreased against most major currencies on negative economic data from the country.
In late New York trading, the euro moved up to 1.1778 dollars from 1.1764 dollars in the previous session. The greenback bought 117.30 Japanese yen, lower than 117.73 yen of the previous session.
Gold futures on the COMEX division of the New York Mercantile Exchange rose for a fourth session in a row on Wednesday as a poor retail sales report drove down U.S. stocks and the U.S. dollar.
The most active gold contract for February delivery rose 0.1 dollars, or 0.01 percent, to settle at 1,234.50 dollars per ounce.
BEIJING, Jan. 12 (Xinhua) -- China's anti-corruption campaign has won the support and backing of celebrities who are joining the fight to terminate the extravagant behavior of officials.
Nobel laureate Mo Yan, in an interview for the website of the Communist Party of China (CPC) Central Commission for Discipline Inspection (CCDI), said he was going to write about corruption.
He said: "Power, money and other temptations are tests to everyone."
A book on this subject, Mo said, could have a "penetrating and profound" effect, as it would inspect people under a moralistic and legal mi. |
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