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Sources close to the mediation team say mediators have briefed Saudi Arabia and the UAE on the contents of a memorandum of understanding and both countries have signaled approval. Washington and Tehran have made concessions on nuclear issues and on f

2026-11-03

Sources close to the mediation team say mediators have briefed Saudi Arabia and the UAE on the contents of a memorandum of understanding and both countries have signaled approval. Washington and Tehran have made concessions on nuclear issues and on frozen assets.

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2026-11-03

1. Tesla saw a significant increase in new car registrations in Northern Europe in October. 2. Tesla's self-driving ride-hailing service is now operational in eight US cities. 3. The October auto consumption index reached its highest level this yea

1. Tesla saw a significant increase in new car registrations in Northern Europe in October. 2. Tesla's self-driving ride-hailing service is now operational in eight US cities. 3. The October auto consumption index reached its highest level this year; the association predicts November sales will rely on existing orders. 4. The residual value of both pure electric and plug-in hybrid used cars declined in October, with the price difference between new and old models continuing to affect residual value. 5. Dongfeng Motor is negotiating with CATL to secure the first use of its third-generation Shenxing battery. 6. NXP, a major automotive chip manufacturer, issued another price adjustment notice, raising prices starting in January 2027. 7. Thailand will increase the consumption tax on imported electric vehicles to 35%. 8. Tianjin: Actively exploring hosting high-profile top-level motorsport events such as Formula 1. 9. Japan plans to certify Level 4 autonomous vehicles without steering wheels. 10. BMW plans to expand its Level 2 driver assistance system to urban areas by 2027, with Germany as the first city to do so. 11. Sales of electric vehicles in South Africa in the first three quarters have already exceeded the total sales for last year, with pure electric and plug-in hybrid vehicles accounting for more than half.
2026-11-03

The overnight SHIBOR was 1.2891%, up 0.31 basis points; the 7-day SHIBOR was 1.3420%, down 2.1 basis points; and the 3-month SHIBOR was 1.4015%, down 0.35 basis points. Click to view >>

The overnight SHIBOR was 1.2891%, up 0.31 basis points; the 7-day SHIBOR was 1.3420%, down 2.1 basis points; and the 3-month SHIBOR was 1.4015%, down 0.35 basis points. Click to view >>
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