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08	August 2018

. In June 2006, the forum opened its regional office in Beijing.

NEW YORK， March 15 (Xinhua) -- The U.S. dollar ended lower against other major currencies on Wednesday after the Federal Reserve's decision to raise interest rates for the second time in three months.

"In view of realized and expected labor market conditions and inflation，" the central bank decided to raise the target range for the federal funds rate by 25 basis points to 0.75-1.0 percent， the Fed's policy-making committee said in a statement released after its two-day meeting on Wednesday.

Analysts said that since rate-hike was widely expected by the market， investors remained cautious about the future rate-hikes this year， given the uncertainty with the Trump administration's fiscal policy.

The dollar index， which measures the greenback against six major peers， was down 0.65 percent at 101.040 in late trading.

In late New York trading， the euro rose to 1.0683 dollars from 1.0620 dollars in the previous session， and the British pound climbed to 1.2261 dollars from 1.2164 U.S. dollars in the previous session. The Australian dollar increased to 0.7657 U.S. dollar from 0.7568 U.S. dollar.

The U.S. dollar bought 113.87 Japanese yen， lower than 114.66 yen of the previous session. The U.S. dollar fell to 1.0031 Swiss francs from 1.0092 Swiss francs， and it edged down to 1.3369 Canadian dollars from 1.3485 Canadian dollars.

NEW YORK Cheap Oliver Bjorkstrand Jersey , Dec. 2 (Xinhua) -- The commuter train derailed in New York City borough of Bronx early Sunday morning was travelling at a speed of nearly 82 mph (132 kph) while it entered a 30 mph (48 kph) curve, a National Transportation Safety Board (NTSB) official said on Monday at a press conference.

NTSB Board Member Earl Weener said that two event recorders of the Metro-North train were read out at NTSB lab, adding that human error or a mechanical problem might be the likely cause of the crash, though no evidence showed that it was caused by sabotage.

There were nine stops before the derailment occurred near the Spuyten-Duyvil Station on Sunday, but the NTSB said that they were not aware of any prior problems with the brakes.

Four people were killed in the derailment and more than 60 others were injured.

Weener said that rail cars and locomotive will be moved to a secure location for a more detailed examination over the next few days.

The train engineer has been interviewed and his cell phone was being reviewed by forensic investigators, according to Weener.

More than 100 people were aboard the train heading from Poughkeepsie in upstate New York to Grand Central Terminal in downtown Manhattan. It skipped the tracks 91 meters north of the Spuyten-Duyvil Station in the Bronx on a curved section of the track just before 7:30 am Sunday morning.

The accident came four months after a freight train derailed on a nearby stretch of the track.

BEIJING, Jan. 21 (Xinhua) -- China's Xinhua News Agency on Tuesday inaugurated a large-scale, multi-media and bilingual reporting project on this year's annual meetings of the World Economic Forum (WEF).

Titled "Eyes on Davos," the coverage focuses on current global issues and the profound impact of the wave of changes worldwide, and demonstrates China's interaction with the whole world.

The project consists of six sections: "Forum in Action," "Clash of Wisdom," "Focus on China," "Brainy Quotes," "Travel Info" and "Game Zone."

To stay up to date with the latest news of the forum, scheduled for Wednesday to Sunday in Davos, Switzerland, Internet users can follow the Xinhua coverage at www.xinhuatoneztdwsensyindex, or click links at www.xinhuanet, www.sina, www.sohu or other main news portals in China.

Smart-phone users can download XinhuaInternational, a Xinhua news app, at http:124.207.35.133xhnewdown to browse relevant contents of the project.

The WEF, based in Geneva, is an international non-governmental organization committed to improving the state of the world by engaging leaders in partnerships to shape global, regional and industrial agendas.

The event is also known as the "Davos Forum" as its annual winter meetings are held in the ski resort of Davos.

Due to its increasing global influence, the forum has been hailed as a "top-level non-governmental global economic forum," in which international political and business leaders, as well as leaders of civil and social organizations, can exchange views on worldwide economic issues.

China has kept close engagement with the WEF and has sent delegations to the forum's annual meetings since 1979. In June 2006, the forum opened its regional office in Beijing.

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