Sediment containing rare earth was retrieved from ocean depths of 6,000 metres (about 20,000 feet) on a Japanese test mission, the government said Monday, as it seeks to curb dependence on China for the valuable minerals.

Its production was down 29.1 percent, extending a losing streak which began July last year

Gold extended its fall on Monday to $4,677.17 per ounce

Japan says the mission was the world's first bid to tap deep sea rare earths at such a depth.

US President Donald Trump on Saturday said India will buy Venezuelan oil, helping to replace some of the Russian oil that the world’s third-biggest oil importer buys.

Bitcoin, the world’s largest cryptocurrency by market value, was down by 6.53 percent at $78,719.63 at ​12:48 p.m. ET (1748 GMT) on Saturday, continuing its decline from the ‌previous session.

Kevin Warsh checks a long list of boxes for President Donald Trump as his pick to run the Federal Reserve, with longstanding political and social ties to the president, deep Wall Street ​connections and a well-tailored demeanor, but how deeply and quickly he will cut interest rates and how aggressively he will pursue his “regime change” at the Fed remain ‌open questions.

Nvidia chief executive Jensen Huang has insisted the US tech giant will make a “huge” investment in OpenAI and dismissed as “nonsense” reports that he is unhappy with the generative AI star.

Migrants sent home $3.17 billion in January

Ford said in December last year it would take a $19.5 billion writedown and scrap several EV models.

Reuters reported on Friday that the United States has told Delhi it could soon resume purchases of Venezuelan oil to help replace imports of Russian oil, citing three people familiar with the matter.

Venezuela sits on the world's largest proven oil reserves

Trump last week said he would impose 100% tariffs on Canada

The World Trade Organization has faulted the United States in a dispute brought by China over US green energy subsidies, in a ruling slammed by Washington on Friday as “absurd”.

Oil prices dipped a few cents per barrel on Friday, consolidating recent gains and holding near six-month highs on Friday, supported by nagging tensions between the US and Iran.

President Donald Trump said Friday he would nominate former Federal Reserve governor Kevin Warsh to be the next US central bank chief, a move that has sparked cautious optimism among observers.

China’s factory activity slowed in January, official data showed Saturday, missing forecasts after a brief rise into positive territory at the end of last year.

In one fell swoop, decades of oil sector nationalization ended in Venezuela this week, as the global leader in known reserves opened up to private firms while seeking Washington’s benediction.

The US dollar gained on Friday after former Federal Reserve Governor Kevin Warsh was selected to be the next ​Fed chair, and as the US currency recovered from a sharp selloff earlier in the week that analysts say was ‌overdone in the short-term.

Interim president Delcy Rodriguez of oil-rich Venezuela said Friday she had agreed on energy cooperation with India, a day after Caracas opened its hydrocarbons sector to private companies.