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Statistics Indonesia reported Q3 GDP +5.47% YoY, above the median market forecast of 5.2% and up from Q2’s 5.29%. Growth held up despite market volatility and political risk; domestic demand remains the main engine as the $1.5 tln economy has not mat

2026-11-05

Statistics Indonesia reported Q3 GDP +5.47% YoY, above the median market forecast of 5.2% and up from Q2’s 5.29%. Growth held up despite market volatility and political risk; domestic demand remains the main engine as the $1.5 tln economy has not materially participated in the regional AI growth wave. Regional peers: Malaysia and Singapore grew 5.3% and 5.4% respectively; Vietnam near 10%. The government continued social transfers and fuel subsidies to Cushion consumers from higher energy prices, while Bank Indonesia left policy rates unchanged and injected capital into state-owned banks to encourage lending, notably to small firms. Strong palm oil and nickel exports helped Indonesia post a trade surplus for the second consecutive quarter.

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2026-11-04

U.S. media projected on Nov. 3 that Democrats would score a large midterm win and retake control of both chambers. Republican House Speaker Johnson said that over the past 90 years the incumbent president’s party has only twice added or held seats wi

U.S. media projected on Nov. 3 that Democrats would score a large midterm win and retake control of both chambers. Republican House Speaker Johnson said that over the past 90 years the incumbent president’s party has only twice added or held seats within the first two years of a term, and "the historical pattern seems set to continue tonight." He warned Democrats turning the next two years into "revenge, legal battles and partisan infighting" would harm Americans, and said House Republicans would act as a "firewall" to prevent that.
2026-11-05

1. China Passenger Car Association (CPCA): Preliminary statistics show that retail sales of passenger vehicles in China reached 1.693 million units in October, a year-on-year decrease of 25%. 2. Cui Dongshu: China's share of the global new energy pa

1. China Passenger Car Association (CPCA): Preliminary statistics show that retail sales of passenger vehicles in China reached 1.693 million units in October, a year-on-year decrease of 25%. 2. Cui Dongshu: China's share of the global new energy passenger vehicle market will reach 63% from January to September 2026, and a relatively good level of 65.5% from July to September. 3. BYD refutes rumors of "replacement and discontinuation of the 'Eye of the Gods' intelligent driving solution": This is false information; BYD insists on full-stack self-developed technology. 4. Germany's new pure electric vehicle registrations increased by 79.5% year-on-year in October: accounting for 37% of the new car market, with imported vehicles accounting for half. 5. UK's new pure electric vehicle registrations increased by approximately 54% year-on-year in October, with a market share approaching 32%. 6. Feng Siyuan, General Manager of Audi Innovation Technology Center: Audi has no plans to export overseas. 7. Overseas power battery installations increased by 24.7% in the first three quarters, with CATL and BYD's combined market share rising to 44.5%. 8. BMW disclosed that its third-quarter automotive profit margin fell to 3.4%, and the next-generation all-electric iX3 is scheduled to launch in China in November. 9. Toyota established a dedicated robotics department, as automakers accelerate their deployment of new technologies. 10. Waymo ended its exclusive partnership with Uber, and its autonomous driving mobility business will shift to self-operation.
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