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On Monday Aug 3, Japan's Nikkei 225 closed down 607.12 points (-0.94%) at 63,754.90. South Korea's KOSPI fell 338.04 points (-5.13%) to 6,257.41, while the KOSDAQ rose 2.44%. Chip heavyweights SK Hynix and Samsung Electronics each dropped nearly 9%.

2026-08-03

On Monday Aug 3, Japan's Nikkei 225 closed down 607.12 points (-0.94%) at 63,754.90. South Korea's KOSPI fell 338.04 points (-5.13%) to 6,257.41, while the KOSDAQ rose 2.44%. Chip heavyweights SK Hynix and Samsung Electronics each dropped nearly 9%.

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2026-08-03

1. China Passenger Car Association (CPCA): The passenger vehicle intelligence index for June was 39.6. 2. Cui Dongshu: Total demand for lithium batteries increased by 53% year-on-year in the first half of the year, with industry growth shifting towa

1. China Passenger Car Association (CPCA): The passenger vehicle intelligence index for June was 39.6. 2. Cui Dongshu: Total demand for lithium batteries increased by 53% year-on-year in the first half of the year, with industry growth shifting towards diversified support. 3. Shanghai Municipal Cyberspace Administration, in conjunction with multiple departments, conducted compliance guidance for automotive-related "self-media". 4. Hyundai and Kia sold over 100,000 electric vehicles in Europe in the first half of the year. 5. Chery will invest $75 million in South Korean automaker KGM, planning cooperation in new business areas such as robotics and semiconductors. 6. The automotive aftermarket faces a shortage of one million talents, leading to a trillion-yuan-level car modification market boom. 7. China Automobile Dealers Association: The inventory warning index for car dealers in July was 61.1%. 8. Cao Cao Mobility reached a strategic cooperation agreement with Zhuhai Xiangzhou District. 9. The Equipment Industry Department of the Ministry of Industry and Information Technology conducted supervisory inspections at Chery, NIO, and JAC. 10. Ford CEO: Preparing for Chinese cars to enter the US market. 11. 3C certification for charging piles accelerates industry reshuffling and propels the industry into a new stage. 12. GAC Honda will launch two domestically produced electric vehicles defined by its joint venture within two years. 13. Xi'an's auto consumption subsidy policy is upgraded, with subsidies available for both new and used cars.
2026-08-03

Iranian foreign minister Araghchi spoke by phone with his Iraqi counterpart to discuss recent regional developments, measures to deepen bilateral and regional cooperation, and priority issues of mutual concern.

Iranian foreign minister Araghchi spoke by phone with his Iraqi counterpart to discuss recent regional developments, measures to deepen bilateral and regional cooperation, and priority issues of mutual concern.
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