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.

France’s controversial new culture minister, Rachida Dati on Wednesday said she plans to run for Paris mayor in 2026, only days after joining President Emmanuel Macron’s reshuffled government. Dati’s arrival was the biggest surprise in last week’s cabinet shake-up that saw 34-year-old Gabriel Attal take over as prime minister.

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