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"The theater forces will maintain a high state of alert at all times and take all necessary measures to resolutely safeguard national sovereignty and security and peace and stability in the South China Sea," said Tian Junli, a spokesman for China's Southern Theatre Command.

The Fed on Wednesday raised interest rates by 25 basis points, as expected, but took a cautious stance on the outlook because of banking sector turmoil even as Fed Chair Jerome Powell kept the door open on further rate rises if necessary.

The United States has been shoring up alliances in the Asia-Pacific seeking to counter China's assertiveness in the South China Sea and the Taiwan Strait, as Beijing seeks to advance its territorial claims.

The DOJ and the financial market regulator the CFTC have continued investigating the firm and Gunvor expects to pay a fine.
"We are looking at whether to take a provision on our books for 2022," Tornqvist said.

Swiss energy traders have posted record returns over the last few years as they thrived in extremely volatile markets brought on by the COVID-19 pandemic and then Russia's invasion of Ukraine last year.

(AP) - Ford says its new assembly plant under construction in western Tennessee will be able to build up to 500,000 electric pickup trucks a year at full production. The automaker announced in September of 2021 that it would build the plant and a joint-venture battery factory on a 3,600-acre (1,460-hectare) parcel of land in rural Stanton, northeast of Memphis. Ford says the assembly and battery plants will employ about 6,000 people with an investment of roughly $5.6 billion. Construction began last year. Ford has said it plans to start production by 2025. Known as the Memphis Regional Megasite, the land designated by the state for industrial development sat unused for years before Ford decided to move in.

BRUSSELS, March 27 (Reuters) - EU police force Europol on Monday warned about the potential misuse of artificial intelligence-powered chatbot ChatGPT in phishing attempts, disinformation and cybercrime, adding to the chorus of concerns ranging from legal to ethical issues.

March 23 (Reuters) - The United States and Canada have reached a deal that would allow for the closure of an unofficial border crossing between New York state and the province of Quebec, but the final details still need to be worked out, a Canadian government source familiar with the talks told Reuters.

March 27 (Reuters) - UK equities surged on Monday, helped by a gain in bank stocks on renewed hopes that the turmoil in the sector will be contained following the buyout of Silicon Valley Bank, while Standard Chartered jumped after agreeing to sell its Jordanian business.

and the rest is demand destruction, close to 20%. We think Europe was able to cover about half... "Europe was taking about 110 billion cubic meters per year from Russia. That´s about 1,000 LNG cargoes. Some of it is weather related," he said.

Concordia Financial Group Ltd was Nikkei's worst-performing financial stock, losing 1.68%. Sumitomo Mitsui Financial Group Inc fell 1.01%. Chiba Bank Ltd lost 1.2% and Shizuoka Financial Group Inc declined 1.06%.

"It was a very, very good year. All our activities did very well," CEO Torbjorn Tornqvist told Reuters on the sidelines of the Financial Times Commodities Global Summit, declining to give figures as the firm's results are still being finalised.

LAUSANNE, Switzerland, March 21 (Reuters) - Energy trader Gunvor made strong profits last year and is looking to expand its oil trading and develop a significant power trading arm in the United States, its CEO told Reuters.

BRUSSELS, March 23 (Reuters) - Meta Platforms on Thursday voiced its strongest criticism to date of a push by EU telecoms operators to get Big Tech to foot some network cost, saying the plan is not the solution to their financial problems and it also ignores tech companies' hefty investments.

Toshiba's board, which includes representatives from Paul Singer's Elliott Management and Farallon Capital Management, formally accepted JIP's offer of 4,620 yen a share, Toshiba said in a statement on Thursday, valuing it at 2 trillion yen ($15.2 billion).

Microsoft, which has been hit with more than 1.6 billion euros ($1.7 billion) in EU antitrust fines in the previous decade, reached out a year ago but did not talk about the bundling issues, Nextcloud Chief Executive Frank Karlitschek said on Wednesday.

Perhaps that is the most frightening possibility of all - that if artificial intelligence finally develops the ability to think entirely for itself, it will turn out to have the opinions of a Corbynite 17-year-old who thinks she knows everything, and is also probably listening to us in our homes all the time.
Perhaps the computer revolution has gone too far.

"Gold is set to shine through the market chaos with expectations around the Fed cutting rates in 2023, fuelling upside gains," Otunuga said, adding that a potent fundamental spark is needed to conquer the $2,000 psychological level and the March 2022 peak to hit a record high.