World News

China’s central bank increased its gold reserves by 23 tonnes in September, the largest monthly acquisition since October 2023, bringing total holdings to approximately 2,410 tonnes. This move aims to reduce reliance on US dollar assets amid rising geopolitical and financial risks, with private demand for gold also soaring as households seek secure savings options.

Muhammad Ali’s widow, Lonnie Ali, highlighted his enduring legacy as a global icon ahead of the 10th anniversary of his death, marked by a “Day of Compassion” encouraging acts of service. The Muhammad Ali Center in Louisville will commemorate his contributions to civil rights and community service initiatives.

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