SHANGHAI (Reuters) - China has selected American-trained economist Yi Gang to become the country’s new central bank governor, the Wall Street Journal (WSJ) reported on Sunday, citing unnamed people with knowledge of the matter.The WSJ said the nomination of Yi, who is currently deputy to incumbent central bank governor Zhou Xiaochuan was reviewed by the nearly 3,000 delegates attending the N...Read More

Huw JonesLONDON (Reuters) - The global watchdog that drove through a welter of banking and market reforms after the financial crisis said it will pivot more toward reviewing existing rules and away from designing new ones.The Financial Stability Board (FSB), which coordinates financial regulation for the Group of 20 Economies, also resisted calls from some G20 members to regulate cryptocurrencies...Read More

Yuna Park, Joseph CampbellSEOUL/BEIJING (Reuters) - A senior North Korean diplomat left for Finland on Sunday for talks with former U.S. and South Korean officials, Yonhap News Agency reported, amid a series of diplomatic encounters ahead of a possible U.S.-North Korean summit.North Korea is pursuing its nuclear and missile programs in defiance of U.N. Security Council sanctions and has made no se...Read More

Tommy Wilkes, Saikat ChatterjeeLONDON (Reuters) - Foreign exchange markets appear convinced that a global trade war is unlikely to break out anytime soon, although with long bets on some currencies at record highs, investors fear complacency may be setting in.While the Trump administration’s threat to slap tariffs on Chinese imports has heightened fears of retaliation from Beijing, it has on...Read More

Richard CowanWASHINGTON (Reuters) - The U.S. Congress, facing yet another government shutdown deadline at midnight on Friday, will try this week to approve a massive spending bill that would end lawmakers’ nettlesome budget infighting, at least through Sept. 30.Republican leaders in the House of Representatives hope to unveil soon the product of long negotiations over a $1 trillion spending...Read More

BERLIN (Reuters) - North Korean rockets can now be fitted with nuclear weapons and could reach Germany and central Europe, a top official with Germany’s foreign intelligence agency told lawmakers this week, according to a report in the Bild am Sonntag newspaper.BND Deputy Director Ole Diehl told lawmakers during a closed-door meeting that the assessment was “certain,” the newspap...Read More

WASHINGTON (Reuters) - Republican U.S. Senator Bob Corker, chairman of the Senate Foreign Relations Committee, said he expects President Donald Trump to pull out of the Iran nuclear agreement in May.“The Iran deal will be another issue that’s coming up in May, and right now it doesn’t feel like it’s gonna be extended,” Corker told CBS’ “Face the Nation&rdq...Read More

Francesco CanepaBUENOS AIRES (Reuters) - Germany and Argentina want to uphold a pledge to keep international trade free at a summit of the world’s 20 largest economies in Buenos Aires this week, the countries’ finance ministers said on Sunday.A multi-decade-old international consensus over trade has come under threat from U.S. President Donald Trump’s protectionist stance, which...Read More

BUENOS AIRES (Reuters) - European Central Bank policymaker Klaas Knot has “a high degree of confidence” inflation in the euro zone will hit the ECB’s target of just under 2 percent “at some point” after several quarters of steady price forecasts, he said on Sunday.“Inflation has been fairly stable so that provides me with a high degree confidence that actually i...Read More

MOSCOW (Reuters) - An exit poll showed Vladimir Putin won Russia’s presidential election held on Sunday with 73.9 percent of the vote.The voting projection, by pollster VTsIOM, put Communist party challenger Pavel Grudinin in second place with 11.2 percent.Vladimir Zhirinovsky, head of the nationalist Liberal Democratic Party, was on 6.7 pct, and TV personality Ksenia Sobchak had 2.5 percent...Read More

Famed physicist Stephen Hawking died Tuesday at the age of 76, and before he departed this world, he left us with warnings that Earth is headed for a "catastrophic ending" in the near future. This doom will not come from a fiery asteroid or even global warming, but from rising inequality fueled by increasingly smart robots, Hawking said. "Intelligent future AI will probably develop a drive to sur...Read More

Lucky Friday workers together with their families and union leaders marched on Saturday in Mullan, Idaho, to commemorate the one-year anniversary of the strike they initiated on March 13, 2017, to push for better labour standards.Lucky Friday, owned by Hecla Mining Company (NYSE: HL), is Idaho Silver Valley's largest underground silver mine. It began operating in 1942 and is expected to have anoth...Read More

A simple but telling way to see what countries are 'good' at producing... and therefore, what is the most-damaging tariff that Trump could apply on each nation...Read full newsRead More

Mali's government is negotiating with mining companies to draft a new mining code but will move to implement a new law unilaterally if no compromise is reached, the West African country's economy minister said.Many mines in Mali, Africa's third-largest gold producer, are protected from changes to the fiscal regime for 30 years, but Boubou Cisse told reporters during a joint news conference with an...Read More

Mali's government is negotiating with mining companies to draft a new mining code but will move to implement a new law unilaterally if no compromise is reached, the West African country's economy minister said.Many mines in Mali, Africa's third-largest gold producer, are protected from changes to the fiscal regime for 30 years, but Boubou Cisse told reporters during a joint news conference with an...Read More

January profits from Egypt's sole gold-exporting mine are making headlines in the country.According to local media, the Sukari gold mine, which is owned in equal parts by Jersey-based Centamin (TSX:CEE) (LON:CEY)and the Egyptian Mineral Resource Authority, provided $14.4 million in revenues to the latter during the first month of 2018.Citing Centamin's Chairman of Mineral Exploration and Mining, Y...Read More

January profits from Egypt's sole gold-exporting mine are making headlines in the country.According to local media, the Sukari gold mine, which is owned in equal parts by Jersey-based Centamin (TSX:CEE) (LON:CEY)and the Egyptian Mineral Resource Authority, provided $14.4 million in revenues to the latter during the first month of 2018.Citing Centamin's Chairman of Mineral Exploration and Mining, Y...Read More

January profits from Egypt's sole gold-exporting mine are making headlines in the country.According to local media, the Sukari gold mine, which is owned in equal parts by Jersey-based Centamin (TSX:CEE) (LON:CEY)and the Egyptian Mineral Resource Authority, provided $14.4 million in revenues to the latter during the first month of 2018.Citing Centamin's Chairman of Mineral Exploration and Mining, Y...Read More

January profits from Egypt's sole gold-exporting mine are making headlines in the country.According to local media, the Sukari gold mine, which is owned in equal parts by Jersey-based Centamin (TSX:CEE) (LON:CEY)and the Egyptian Mineral Resource Authority, provided $14.4 million in revenues to the latter during the first month of 2018.Citing Centamin's Chairman of Mineral Exploration and Mining, Y...Read More

The U.S. Environmental Protection Agency sent a letter to the Michigan Department of Environmental Quality saying it was objecting to the state's wetlands permit for the Back Forty open-pit mine, located in the southern part of Michigan's Upper Peninsula along the Menominee River.The zinc, copper and gold project is being proposed by Toronto-based Aquila Resources (TSX: AQA) and it contemplates mi...Read More