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.

Kenya’s nationwide transport strike is suspended for one week following mass protests over rising fuel prices, which have surged amid geopolitical tensions. Interior Minister Kipchumba Murkomen announced the pause for negotiations after four deaths and over 700 arrests were reported during the unrest.

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