2026-11-01 Sunday
2026-11-06
20:37:05
### Iran's Copper Exports to Turkey Reach Record High According to information released by Iranian officials on November 1st, Turkish customs statistics show that from January to September 2026, Turkey imported approximately 31,000 tons of copper cathodes from Iran, with a total import value of $427 million. Both import volume and value have reached record highs. In comparison, Turkey imported approximately 16,300 tons of copper cathodes from Iran in 2025, with a total import value of $163.7 million. Based on this, Turkey's copper cathode imports from Iran in the first nine months of 2026 have already reached nearly 1.9 times the total for the previous year, and the import value has reached approximately 2.6 times the total for the previous year. These figures represent increases of 90% and 161% respectively compared to the previous year, clearly demonstrating a significant expansion in Iran's copper cathode exports to Turkey. Copper cathodes are high-purity copper products produced through electrolytic refining processes. They are a core raw material in the manufacture of wires and cables, electrical equipment, and various industrial production sectors, with a wide range of applications.
20:05:40
Chery Automobile's overall sales reached 282,500 vehicles in October 2024, a 7.2% increase compared to the same period last year. From January to October this year, Chery Group's cumulative sales reached 2,359,300 vehicles, a year-on-year increase of 10.1%. Breaking it down by its five major brands, Chery brand sales reached 200,600 vehicles in October, a year-on-year increase of 18.2%, making it the core driver of the group's sales growth; Jetour brand sales reached 58,400 vehicles, a slight year-on-year decrease of 1.1%; Exeed brand sales reached 5,637 vehicles, a year-on-year decrease of 40.6%; iCAR brand sales reached 11,700 vehicles, a year-on-year decrease of 5.5%; and Zhijie brand sales reached 6,090 vehicles, a year-on-year decrease of 52.5%. In addition, Chery's new energy vehicle sales reached 132,000 vehicles in October, and overseas exports reached 194,700 vehicles, maintaining its leading position in the industry in overseas markets.
19:51:10
[National Standards Released for Intelligent Steel Manufacturing Provide Guidelines for Smart System Construction] The State Administration for Market Regulation has released three national standards: "Design Requirements for Intelligent Steel Scrap Factory," "Technical Requirements for Digital Twin System of Intelligent Steel Factory," and "Technical Requirements for Multi-Base Manufacturing Resource Collaborative Management System of Steel Industry." These standards address key aspects such as scrap steel factories, digital twins, and multi-base collaboration, supporting the construction of an advanced steel manufacturing technology requirements system. These three national standards provide clear solutions to problems in the steel industry, including long processes, numerous procedures, complex interfaces, and long-standing issues such as inconsistent design standards, redundant system development, data interoperability difficulties, and challenges in coordinating cross-base resources. They uniformly adopt a layered and decoupled architecture design, clearly defining the corresponding functional positioning and technical boundaries at each layer, thus providing a clear framework for the construction of intelligent systems. (CCTV)
18:46:30
[Multiple Energy Facilities Attacked in Northern Sudan, Causing Widespread Power Outages] On November 1st local time, the Sudanese Armed Forces stated that multiple energy facilities in the Nile and Northern States of northern Sudan were attacked by drones, causing widespread power outages in central and northern Sudan. The Sudanese Armed Forces claimed that a power plant in Abhamad, Nile State, another power plant in Deba, Northern State, and two fuel storage facilities were severely damaged in the attacks. The Sudanese Armed Forces accused the Sudan Rapid Support Force of carrying out the attacks; the Rapid Support Force has not yet responded. Recently, power plants, oil pipelines, fuel storage facilities, and other energy facilities controlled by the Sudanese Armed Forces in several regions of central, northern, and eastern Sudan have been frequently attacked by drones. According to statistics from the Sudan Electricity Company, since mid-October, more than 25 energy facilities have been attacked, further deteriorating power supply in several states. On April 15, 2023, armed conflict broke out between the Sudanese Armed Forces and the Rapid Support Force in the capital Khartoum, and the fighting subsequently spread to other parts of Sudan. The armed conflict, which has lasted for more than three years, has resulted in at least 59,000 deaths. (CCTV News)
17:12:29
[Net Profits of Shanghai and Shenzhen Listed Companies Exceed 5 Trillion Yuan, a Four-Year High] According to the China Securities Regulatory Commission (CSRC), in the first three quarters of this year, listed companies on the Shanghai and Shenzhen stock exchanges achieved a net profit of 5.1 trillion yuan, a new high since 2022. As of October 31, 5,224 listed companies on the Shanghai and Shenzhen stock exchanges had disclosed their Q3 2026 financial reports, with 73% achieving profitability. In the first three quarters, listed companies on the Shanghai and Shenzhen stock exchanges achieved operating revenue of 56.6 trillion yuan and net profit of 5.1 trillion yuan, representing year-on-year increases of 5.8% and 8.5% respectively, both the scale and growth rate reaching new highs since 2022. (CCTV)
14:54:34
[Ives Maintains Bullish View on AI: 2027 May Be a Turning Point, Monetization and Capital Expenditure are Key] (1) Despite increased market volatility on Friday, technology analyst Dan Ives maintained his bullish view on AI, believing that 2027 will be a significant turning point, with AI commercialization expected to support high capital expenditures in the industry at that time. (2) Ives stated that AI monetization will not happen overnight, and impressive cloud business data and capital expenditures are the core of the investment logic. As a partner and senior managing director at Yorkville Ives, he pointed out on Friday that the disruptive effect of AI is becoming increasingly prominent during the technology earnings season. (3) He wrote on the X platform that AI disruption has been fully demonstrated in this round of technology earnings reports, and the market finds it difficult to judge which companies and sectors will become disruptors and which will be disrupted; as he has always said, AI transformation will not be a straight upward trend, but winners still exist, and the core logic of being bullish has not changed.
14:52:39
[565 Arrested in New Round of Large-Scale Demonstrations in France] On October 31, local time, France experienced its third nationwide large-scale protest in nearly three weeks. According to the French Ministry of the Interior, as of 9 PM on the 31st, 565 people were arrested by police during the nationwide demonstrations. The Ministry of the Interior also estimated that approximately 320,000 people participated in the demonstrations nationwide that day. Earlier that day, the Ministry of the Interior stated that in cities such as Bordeaux, Toulouse, and Lille, some demonstrators attempted to enter city centers to commit vandalism and looting, but were prevented by police. The demonstrations in Paris remained generally peaceful, but riots broke out in southeastern Paris towards the end of the day. (CCTV News)
14:15:57
[Israeli Election Witnesses Divided Public Opinion, Government Formation Deadlock May Lead to Another General Election] With the preliminary vote counting completed, the Israeli Central Election Commission released preliminary results for the parliamentary elections. While the official final results are pending formal announcement on November 4th, the general landscape of the 120 seats is largely clear: the right-wing ruling coalition led by incumbent Prime Minister Netanyahu is expected to win 53 seats, a significant decrease of 11 seats from the previous election, losing its majority; the opposition coalition led by former IDF Chief of Staff Eisenkot is expected to win 48 seats, a slight increase of 2 seats from the previous election, also failing to secure a majority. Arab parties, not belonging to either of the two major coalitions, made historic progress, increasing their seats from 10 to 19, becoming a crucial minority in parliament. (CCTV News)
13:04:22
[Two Records Broken in the Final Sprint of the US Midterm Election] On October 31st, local time, with only three days left until the US midterm elections, the competition between the two parties for control of Congress entered its final sprint. According to the latest data released that day, two noteworthy new records have been set in this election: early voting nationwide has exceeded 51 million, breaking the record for any previous midterm election; and total federal election spending is projected to reach $11.9 billion, also a new high for midterm elections. Meanwhile, legal disputes surrounding voter eligibility, candidate participation, and results verification continue to escalate, with several cases seeing new developments on the eve of the vote. Record-breaking voter participation, massive campaign spending, and a surge in legal disputes not only reflect the fierce competition in this election but also highlight the changes taking place in American society and politics. (CCTV News)
11:47:37
[Russian Government Extends Diesel Export Ban to End of January 2027, with Exceptions for Some Suppliers] (1) According to Russian government sources, the Russian government has extended the diesel export ban for diesel producers to the end of January 2027; a relevant resolution has been signed, extending the ban on direct producers exporting diesel, marine fuel, and gas oil from Russia to January 31, 2027 (inclusive). (2) The report indicates that the decision aims to maintain the stability of the domestic fuel market. (3) Meanwhile, Russian Deputy Prime Minister Novak stated on October 30 that while extending the overall diesel export ban, Russia is developing exceptions for some suppliers, allowing them to supply the international market; such easing measures were implemented in October, and related easing arrangements are planned for November.
11:07:17
[Protocol on Upgrading the China-Peru Free Trade Agreement Officially Enters into Force] On November 1, the Protocol between the Government of the People's Republic of China and the Government of the Republic of Peru on Upgrading the Free Trade Agreement between the Government of the People's Republic of China and the Government of the Republic of Peru (hereinafter referred to as the "Upgrade Protocol") officially entered into force. China and Peru launched negotiations on upgrading the free trade agreement in November 2018 and signed the Upgrade Protocol on November 14, 2024. The Upgrade Protocol upgrades the original free trade agreement, improving seven existing chapters on rules of origin, customs procedures and trade facilitation, sanitary and phytosanitary measures, intellectual property, trade in services, temporary entry of business personnel, and investment, and adding five new chapters on standards and conformity assessment cooperation, competition policy, e-commerce, global supply chains, and environment and trade. The two sides also set future provisions for negotiations on negative lists for trade in services and investment, aiming to further improve the level of openness in these areas. Since its entry into force in 2010, the China-Peru Free Trade Agreement has played a significant role in promoting bilateral economic and trade cooperation. Bilateral trade is projected to increase nearly sevenfold, from US$6.4 billion in 2009 to US$50.4 billion in 2025. The enactment of the Upgraded Protocol will facilitate further exploration of bilateral trade and investment cooperation opportunities, provide a better business environment for enterprises from both sides, and inject new vitality into bilateral economic and trade relations. (Ministry of Commerce)
11:07:01
[Over 12,000 Companies Exhibit, 190 New Product Launches: AI Empowers Light Industrial Products' Global Expansion at the Third Phase of the Canton Fair] The third phase of the 140th Canton Fair focuses on the diverse needs of global consumers for health, quality, and personalized consumption, showcasing a large number of intelligent, innovative, green, and low-carbon light industrial products. It highlights the upgrading trend of Chinese manufacturing towards "new" and "green" technologies, providing a one-stop high-quality sourcing platform for global buyers. The third phase of the 140th Canton Fair will run until November 4th. During the five-day exhibition, 21 exhibition areas across five major sectors—toys and maternity products, fashion, home textiles, stationery, and health and leisure—will feature 25,000 booths and over 12,000 participating companies. Approximately 190 new product launches will be held during the fair, representing a 15% increase in the number of new product releases, providing global buyers with insights into consumer trends and facilitating the establishment of an efficient trade platform. (CCTV News)
09:59:10
【Ternus Defends Apple's AI Strategy: Not AI for AI's Sake, Focus on Creating Products Users Love】 (1) Apple CEO John Tenus recently defended Apple's current AI strategy in an interview. In the past few years, it has been widely believed that Apple is lagging behind in the AI race, especially with Apple delaying the release of a more powerful version of Siri, which was not officially launched until this summer. Tenus is a senior Apple executive who officially took office as CEO in early September. He admitted that "everyone has their own opinion," but insisted that "I am very satisfied with the stage we are in now." (2) Tenus added that Apple will definitely use artificial intelligence in new products, but said: "We don't want to launch AI just for the sake of doing AI. If we do it well, users won't think about whether the function is implemented by AI or traditional software. The key is whether we create products that users truly love." (3) When asked whether AI will bring disruptive changes to Apple and its ecosystem, such as intelligent agents making applications unnecessary, Tenus responded: "I think that might make life very convenient, but product creation is a very humanistic and creative thing, and it is also a career we love."
09:45:25
[ECB President Lagarde Optimistic About EU-China Cooperation: "We Must Work Together"] European Central Bank President Christine Lagarde recently gave an exclusive interview to a reporter from China Central Television (CCTV). When discussing the global economic outlook and situation, Lagarde stated that the global economy has demonstrated far greater resilience than expected in the face of shocks such as the Russia-Ukraine conflict and the energy crisis. However, negative impacts also exist, with evolving geopolitical situations and human actions hindering potentially achievable economic development. Lagarde also stated that the EU and China are high-level partners in goods and services trade, sharing common interests and needing to cooperate. Lagarde stated, "It's important to understand that both China and the EU are pragmatic. When considering its export capabilities and expansion potential, China takes a global perspective. Currently, the EU is a highly attractive market. The Eurozone alone has 360 million people, and we have a large middle class with strong purchasing power; at the same time, the level of goods circulation and trade openness is relatively high, which is rare among many developed economies. Therefore, the EU will inevitably attract China's attention. Similarly, many European companies have also established a presence in China, setting up sales outlets, subsidiaries, and manufacturing centers. This shows that there are common interests between the two sides. The EU and China are high-level partners in goods and services trade. So, yes, we should cooperate." (CCTV)
09:44:53
[US May Strike Iran Again, Gulf States Intensify Mediation, Internal US Divisions Emerge] (1) The US may strike Iran again, and a weary and tense atmosphere pervades the Persian Gulf region. Gulf state officials are intensifying their mediation efforts to break the US-Iran deadlock; they are aware that they will be the first to be affected if the conflict escalates. (2) Many Gulf states have US military bases, and therefore will be impacted by Iranian retaliatory strikes. As concerns about Trump's war plans intensify, leaders of these countries have called for de-escalation in public and private. (3) An official familiar with the negotiations, who requested anonymity due to the sensitivity of the situation, said that Trump is willing to accept an agreement on the one hand, but does not rule out restarting strikes on the other; US Vice President JD Vance, Special Envoy Steve Vitkov, and Trump's son-in-law and Special Envoy Jared Kushner are all pushing for an agreement, but Defense Secretary Peter Hegseth and others oppose it. An Iranian official said, "The next two days will determine the direction of the situation," adding that the US hopes to achieve a positive breakthrough before the midterm elections.
09:42:10
【Cui Dongshu: Chinese mainstream automakers have performed exceptionally well in the European market】 (1) Cui Dongshu of the China Passenger Car Association published an article stating that, according to publicly available data, China's automobile exports to the EU reached 1.83 million units in the first nine months of 2026, far exceeding the total for the previous year; the year-on-year growth in September alone and cumulatively surged by 128% and 87% respectively, showing the overall characteristics of a leap in scale and extreme structural differentiation, and the global rise of China's automobile industry is becoming increasingly evident. (2) The power track of China's automobile exports to the EU is changing rapidly: in 2026, plug-in hybrid electric vehicles (PHEVs) will become the strongest engine, with exports surging by 372%; battery electric vehicles (BEVs) still achieved nearly double growth under the heavy pressure of high tariffs; and conventional hybrid electric vehicles (HEVs) have increased by 91% as a sturdy defense. (3) The Matthew effect among automakers is prominent: BYD is leading by a wide margin, while Geely, Chery, Leapmotor and other companies are growing rapidly. The performance of Chinese mainstream automakers in the European market is exceptionally outstanding, proving their comprehensive strength and strong growth.
