Gold Prices Eyeing $1,816 as Japanese and Chinese Data Beat Expectations

A top US official in the Pacific has warned that America would have to “respond” if the Solomon Islands allows China to establish a military base there.Following a “constructive and candid” 90-minute meeting with prime minister Manasseh Sogavare, ambassador Daniel Kritenbrink said that the security deals between China and the Solomon Islands present “potential regional security implications” for the US and other allies.“We wanted to outline for our friends in the Solomons what our concerns are,” Mr Kritenbrink, US assistant secretary for East Asian and Pacific Affairs, told reporters.“We have respect for the Solomon Islands’ sovereignty. But we also...

Silk Road founder Ross Ulbricht is forfeiting billions of dollars worth of Bitcoin (BTC) and other crypto assets to the US government. According to a new court filing, Ulbricht will relinquish any claim to over 69,000 BTC and undisclosed amounts of Bitcoin Gold (BTG), Bitcoin SV (BSV) and Bitcoin Cash (BCH) worth a combined $3 billion as part of a settlement.

Indonesia accounts for about half of the world's supply of palm oil — the world's most widely used vegetable oil.

"No one wants to see the outbreak of a third world war," Chinese Foreign Ministry spokesman Wang Wenbin told reporters during a briefing.

Russian Deputy Foreign Minister Igor Morgulov made the comments to Russian state-owned newswire RIA Novosti.

The FBI also seized financial records and fine art in the October 2021 raids on properties linked to billionaire Oleg Deripaska, per Bloomberg.

Blackout and crisis preparedness expert Herbert Saurugg has recently warned against the complete power grid blackout that could plunge entire Europe into darkness. He predicts a widespread blackout could be lurking in the not too distant future and such an event can cause extremely chaotic conditions worldwide. However, those who are prepared for an emergency can definitely bridge the difficult days well.

A superyacht worker claims the vessel’s captain once had to deploy sonic weapons against Kalashnikov-wielding pirates on inflatable boats in the Arabian Sea. The episode was one of many surreal scenes an anonymous worker detailed in a piece published Sunday in The Times of London. The captain, according to...

The former F-35 test pilot Billie Flynn told The Aviationist that moving to the "cosmic spaceship" that is the F-35 was too much to ask of MiG pilots.

As part of a lawsuit between shareholders and Elon Musk regarding his “funding secured” tweet, new text messages and emails between Musk and people involved have been released. The communications pretty much confirmed how most people saw the situation: Elon Musk took a meeting with the head of...

Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations. Shanghai’s 25 million residents have endured an extreme COVID lockdown for nearly a month—and now a new nightmarish topic is trending on Weibo, the country’s Twitter-like social media platform.

Kim Jong-un has vowed to bolster North Korea’s nuclear forces at “maximum speed” in a defiant speech during a massive military parade on Monday night.In his speech, Mr Kim also made an open threat that North Korea would use its “nuclear forces” against countries that provoked it.The military parade that started late on Monday night showcased the country’s largest-known intercontinental ballistic missile (ICBM) among other weapons.“We will continue to implement measures aimed at strengthening and developing our country’s nuclear forces at the maximum speed,” Mr Kim told his troops and the crowd gathered for the parade at a Pyongyang...

It's been a rough few weeks for Tesla CEO Elon Musk. This time last month Tesla stock was nearing an all-time high and Musk was on the verge of buying Twitter. However, now the Twitter deal is stalling and Tesla stock has plummeted by over 30%. Meanwhile Musk is facing sexual misconduct allegations dating back to half a decade ago.

(Reuters) - Drugmakers Pfizer Inc and BioNTech SE said on Monday that three doses of their COVID-19 vaccine generated a strong immune response in children under the age of five in their clinical trial. The companies said the vaccine was safe and well-tolerated by the children, and they plan to...

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MANILA, May 23 (Reuters) - Arsenio Balisacan, the chief of the Philippines' anti-trust agency, said on Monday he had decided to accept an offer to be economic planning minister in the cabinet of incoming president Ferdinand Marcos Jr. Balisacan is the first candidate to confirm they would join Marcos's economic...