AP reports U.S. Republican Hageman is expected to win Wyoming's U.S. Senate seat.

A government report released Nov. 3 in Beijing said that by end-2025 China’s TV big-screen users exceeded 1.0 billion and online audio-visual users totaled 1.099 billion. Total TV big‑screen viewing in 2025 reached 638.7 billion hours, with average daily linear viewing of 4 hours 5 minutes; average daily online audio‑visual use was 201 minutes. The radio, TV and online audio‑visual industry generated 1.546 trillion yuan in revenue in 2025, up 5.22% YoY and up 67.82% versus the end of the 13th Five‑Year Plan; revenue from online audio‑visual service providers accounted for 53.63% of the total.

Domestic News: 1. The State Council's report on financial work outlines five considerations for the next steps in my country's financial work. 2. PBOC Governor Pan Gongsheng: Maintaining the stable operation of financial markets such as stocks, bonds, and foreign exchange. 3. The PBOC conducted a 100 billion yuan securities, fund, and insurance company swap facility operation, with a winning bid rate of 10 basis points. 4. The Guangdong Provincial Development and Reform Commission issued the "Implementation Plan for Expanding Consumption in Guangdong Province," accelerating the development of "artificial intelligence + consumption." 5. The Ministry of Foreign Affairs responded to reports that "Nvidia requires its partners to provide at least 51% of their services to non-Chinese companies." International News: 1. Trump: If the Federal Reserve cuts interest rates, the US can achieve budget balance. 2. The Reserve Bank of Australia raised interest rates by 25 basis points to 4.85% as expected, reaching an 18-year high. 3. US media: The Trump administration is negotiating with Venezuela, paving the way for a long-term US military presence. 4. AMD shares rose 9% in after-hours trading after its quarterly revenue and earnings guidance both exceeded expectations. 5. Melania Trump will invite representatives from Russia and Ukraine to a meeting at the White House on the 5th. 6. Middle East Situation— ① Middle Eastern media, citing sources, reported that the US and Iran have made concessions on the nuclear issue and frozen assets. ② Iranian President: The Supreme Leader has allowed consultations on "non-negotiable" issues. ③ Senior Iranian official: The US and Iran are still far from reaching an agreement. ④ Trump confirmed that a "small-scale attack" was launched against Iran in the early hours of the 3rd Beijing time, stating that it was "not a war." ⑤ Iranian Foreign Ministry: There has been no new progress in negotiations. All parties continue to exchange information through the mediators, as before. ⑥ Rezaei: The US response to Iran's rights and demands lacks persuasiveness. ⑦ Qatari mediators held further talks with Iran in Tehran on Monday. Diplomats stated that Iran and the US are reviewing the latest proposals put forward by the mediators. Informed officials stated on the evening of the 3rd Beijing time that the US and Iran are expected to respond to the new negotiation proposals within 36 hours. ⑧ Trump: Israel is a successful country; $4 billion in aid to Israel will be stopped. ⑨ The Jerusalem Post, citing two regional sources, reported that negotiations between the United States and Iran have stalled.