China’s central bank resumes gold purchases after six-month hiatus in Nov

SHANGHAI (Reuters) – China’s central bank resumed buying gold for its reserves in November after a six-month pause, official data by the People’s Bank of China (PBOC) showed on Saturday. The PBOC was the world’s largest official sector buyer of gold in 2023. Resumption of its purchases may support Chinese investor demand which was muted …

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US says Romanians must have confidence their elections are free from foreign malign influence

WASHINGTON (Reuters) – Romanians must have confidence their elections are free of foreign malign influence, the U.S. State Department said on Friday, after Romania’s top court annulled an ongoing presidential election following accusations of Russian meddling. “The United States reaffirms our confidence in Romania’s democratic institutions and processes, including investigations into foreign malign influence,” the …

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Trump’s NASA pick a boon for SpaceX, but will face political challenges

By Joey Roulette WASHINGTON (Reuters) – U.S. President-elect Donald Trump’s pick to helm NASA, a private astronaut and close ally of Elon Musk’s SpaceX, is a central figure of a speedy, commercial-focused side of the space industry who would face unfamiliar political challenges as an administrator. Jared Isaacman, the CEO of payment processing company Shift4 …

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South Korea President Yoon apologises for martial law declaration

SEOUL (Reuters) – South Korea President Yoon Suk Yeol on Saturday apologised for causing a public stir by declaring martial law and promised there will not be a second martial law declaration, he said in a televised address. (Reporting by Cynthia Kim; Editing by Michael Perry)

TikTok advertisers stay put after US appeals court upholds law forcing sale

By Sheila Dang and Chibuike Oguh NEW YORK (Reuters) – TikTok advertisers were in no rush to shift their marketing budgets after a U.S. appeals court upheld a law on Friday requiring a divestment or ban of the popular Chinese-owned short video app, citing TikTok’s continued survival despite years of threats. Chinese tech firm ByteDance …

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Trump stands by Pentagon pick Hegseth as nomination in doubt

WASHINGTON (Reuters) -U.S. President-elect Donald Trump on Friday reiterated his support for Pentagon nominee Pete Hegseth, citing the former Fox News host’s “charisma” and calling him “a WINNER” with a “tremendous track record” even as the nomination faces headwinds amid allegations of misconduct. A 44-year-old Army National Guard veteran, Hegseth has vowed to continue fighting …

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