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Kuwaiti military said its air-defence systems are responding to missiles and drone attacks from Iran. It warned that any explosions heard would be from air-defence intercepts.

2026-09-03

Kuwaiti military said its air-defence systems are responding to missiles and drone attacks from Iran. It warned that any explosions heard would be from air-defence intercepts.

Other News
2026-09-03

As fighting approaches Russian territory, households are increasingly holding cash, reversing a multi-year decline in cash use. Data from the Russian central bank show cash circulation outside the banking system rose by 2.1 trillion rubles (~$25bn) i

As fighting approaches Russian territory, households are increasingly holding cash, reversing a multi-year decline in cash use. Data from the Russian central bank show cash circulation outside the banking system rose by 2.1 trillion rubles (~$25bn) in the first seven months of the year, the largest year-to-date increase since the war began; cash’s share of the money supply has stopped falling and edged up. Sberbank, Russia’s largest bank, is concerned because it has long relied on a large low-cost deposit base to fund lending and support margins. The development so far does not reflect deposit withdrawals — bank deposits have not fallen — but the pace of net inflows into the banking system is slowing as more households prefer holding cash.
2026-09-03

1. China Passenger Car Association (CPCA): The market has moved from the "recovery phase" in August to the "bottoming out and consolidation" phase. 2. CPCA: The estimated wholesale sales volume of new energy passenger vehicles nationwide reached 1.5

1. China Passenger Car Association (CPCA): The market has moved from the "recovery phase" in August to the "bottoming out and consolidation" phase. 2. CPCA: The estimated wholesale sales volume of new energy passenger vehicles nationwide reached 1.51 million units in August, a year-on-year increase of 16%. 3. China Association of Automobile Manufacturers (CAAM) held a special symposium on cooperation between the Chinese and Western new energy vehicle industries in Beijing. 4. Ministry of Industry and Information Technology (MIIT): Further regulate the competition order of power battery industry and strengthen industry operation monitoring and dynamic early warning of production capacity. 5. Honda China responded to reports of demanding significant price reductions from suppliers: This is not an official Honda announcement. 6. BYD: The next two to three years are a critical window for the accelerated implementation of intelligent driving, cockpit, and AI technologies. 7. BYD: Actively responding to compliance guidelines to help the Chinese automotive industry achieve high-quality development overseas. 8. Seres actively responds to the "Guidelines on Overseas Competition and Compliance Construction in the Automotive Industry". 9. Ford sets a sales target of 100,000 units in the first year for its $30,000 electric truck. 10. Chery Holding Chairman Yin Tongyue: Rhino Battery's solid-state cell energy density reaches 400Wh/kg. 11. Uber will lay off 3,300 employees and restructure its business to streamline management levels. 12. Horizon Robotics' Journey intelligent driving chip mass production exceeds 15 million units.
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