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chinadaily.com.cn 2019-01-09 14:47

Actor Kevin Spacey is escorted out of the Nantucket District Court in Nantucket, Massachusetts, USA, 07 January 2019. [Photo/IC]

>Kevin Spacey faces court
Hollywood actor Kevin Spacey has appeared in a US court over allegations he sexually assaulted an 18-year-old man in 2016. Spacey appeared calm and listened closely but did not speak during the brief hearing in a packed room at Nantucket District Court on Monday. The Oscar winner entered his not guilty plea in paperwork ahead of the hearing. He is charged with one count of indecent assault and battery for allegedly shoving his hand down an 18-year-old busboy's pants at a Nantucket bar in July 2016. It's the first criminal case brought against the 59-year-old after a string of sexual misconduct allegations crippled his career in 2017. After the charge was announced last month, Spacey released a video in the voice of Frank Underwood, his character in "House of Cards", in which he said, "I'm certainly not going to pay the price for the thing I didn't do."



>Asian Cup manual incorrect
The Asian Football Confederation (AFC) on Sunday distanced itself from a poorly made booklet for the 2019 AFC Asian Cup in the UAE, saying the error-laden material had nothing to do with the organizing committee but had been printed by a local media outlet. It's reported that the booklet featured flagrant mistakes, including incorrect photos, inaccurate information and wrong country maps. On one of the pages about Team China, the manual showed the outline map of the US, on which China's national flag was added. Another mistake was made in the prediction of China's first lineup of players, which included Du Wei, Huang Bowen and Ren Hang. Huang and Ren played in the last Asian Cup in 2014 while Du played in 2011 - however, none of the footballers was on the list submitted by China this year. Other mistakes included using a family photo of players from the Republic of Korea to introduce the team of the Democratic People's Republic of Korea; and using a family photo of Chinese players to present footballers from Kyrgyzstan.


Jim Yong Kim, President of the World Bank, listens to a question at a press conference in Beijing, China, 17 July 2015. [Photo/IC]

>WBG president to step down
World Bank Group (WBG) President Jim Yong Kim unexpectedly announced on Monday that he will be stepping down from his position on Feb 1, more than three years before his second term ends in 2022. "Serving as president of WBG has been a great privilege," Kim said. "The work of the WBG is more important now than ever as the aspirations of the poor rise all over the world, and problems like climate change, pandemics, famine and refugees continue to grow in both their scale and complexity." Kim told World Bank employees in an email that he was leaving the world's largest lender to join a private-sector firm focused on infrastructure investments in the developing world. "The opportunity to join the private sector was unexpected, but I've concluded that this is the path through which I will be able to make the largest impact on major global issues like climate change and the infrastructure deficit in emerging markets," Kim said. Kristalina Georgieva, who in 2017 became the World Bank's chief executive officer, will assume the role of interim president when Kim departs.



>Amazon most valuable
Amazon has eclipsed Microsoft as the most valuable publicly traded company in the US as a see-sawing stock market continues to reshuffle corporate America's pecking order. The shift occurred Monday after Amazon's shares rose 3% to close at $1,629.51 and lifted the e-commerce leader's market value to $797 billion. It marks the first time Amazon has held the top spot and ends Microsoft's brief return to the pinnacle after it surpassed Apple in late November. Apple, which had been part of a close three-way race for the seat, is now down to about $702 billion in market value after plunging last week on the news of its weak iPhone sales. Google parent company Alphabet has surpassed Apple with a market value of about $748 billion.

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