Cointime update: China and the United Arab Emirates held their third round of consular consultations in Abu Dhabi on November 4, 2026, co-chaired by Long Zhou, director-general of the Chinese Foreign Ministry’s Department of Consular Affairs, and Sheikh Hissa, assistant undersecretary for consular affairs at the UAE Foreign Ministry. The two sides exchanged views on consular relations, facilitating personnel exchanges, and protecting the safety and lawful rights of overseas citizens, agreeing to implement the consensus of both heads of state.
Cointime reports: West Texas Intermediate and Brent crude both fell more than 1% intraday on November 5, with WTI trading at $87.04 per barrel and Brent at $92.87 per barrel. The move marked a decline of over 1% for both benchmarks during the session.
Cointime reports: US stock index futures moved lower on November 5, with Nasdaq 100 futures falling 1.3%. S&P 500 futures dropped 0.31%, while Dow futures narrowed their gain to 0.12%.
Cointime update: Boeing, ServiceNow and Nebius Group have joined the list of companies declining to have their stock tokenized on the ICE-OKX venture. 4 notice. The additions bring the total number of objectors to 62, a list that already included Apple, Home Depot and GE Vernova. The venture has not said when trading will begin.
Cointime reports: The UK’s October construction PMI came in at 43.6, below the 46.5 expected and down from 46.1 in September. A reading under 50 signals contraction in the construction sector, and the latest figure points to a sharper fall in activity than economists had anticipated.
Cointime reports: Brent crude oil gained 1.0% during the trading session on Monday, reaching $95.57 a barrel. The intraday move marks a continued rise in the benchmark’s price, with the figure reflecting the day’s percentage gain at the time of reporting.
Cointime update: China’s Ministry of Finance will issue RMB-denominated green sovereign bonds in Canada during the week of Nov. 9, 2026, with a size of no more than 4 billion yuan, the ministry said. The issuance was approved by the State Council. Specific issuance arrangements will be announced separately before the sale.
Cointime update: France’s National Assembly voted 458–0 against the revenue section of the budget, shelving proposed crypto measures including a stablecoin tax and wallet reporting requirements. The provisions could return through amendments in the Senate, whose budget debate is scheduled to begin Nov. 20.
Cointime reports: South Korea is considering large-scale purchases of long-term US Treasuries to boost its foreign exchange reserves and strengthen economic ties with Washington, the Korea Economic Daily reported, citing people familiar with the matter. Seoul and the Bank of Korea recently floated the idea to the US, which responded positively. The size has not been set, but purchases are expected to total at least tens of billions of dollars, enough to significantly lift reserves.
Cointime update: China’s State-owned Assets Supervision and Administration Commission (SASAC) held a symposium in Beijing on Nov. 3 on deepening reform of local state-owned enterprises. The commission said local SOEs should align with regional 15th Five-Year Plan priorities, concentrate on core businesses, and curb unrelated diversification, multi-layer structures and excessive debt while pursuing M&A prudently.
Cointime update: ZetaChain has opened a governance vote on shutting down its Layer 1 network around Dec. 9. Under the proposal, staked and unbonding ZETA would count toward claims, while exchanges would set their own conversion windows. The vote puts the timing and mechanics of a wind-down to token holders.
Cointime update: China’s Ministry of Commerce will continue to impose anti-dumping duties on imports of n-propanol originating in the United States for a further five years, starting November 6, 2026. The extension maintains the existing trade measure on the chemical product. No duty rates or product scope details were disclosed in the announcement.
Cointime update: Norway’s central bank, Norges Bank, said it is prepared to raise its policy rate if necessary, signaling a tightening bias in its monetary policy stance. The statement gives no figure or timeline for any potential move. The bank framed the readiness to hike as conditional on economic conditions warranting it.
Cointime update: France’s budget rejection has sidelined three adopted amendments, including a stablecoin tax and self-custody wallet reporting requirements. The measures fall away with the rejected budget but could be reintroduced when the text reaches the Senate. The amendments had targeted crypto asset holders and transactions before the budget vote removed them from the current package.
Cointime update: Chinese Premier Li Qiang signed a State Council decree publishing the Decision of the State Council on Amending and Repealing Certain Administrative Regulations, effective from the date of publication. The decree covers revisions and repeals across a set of administrative regulations; the announcement did not specify which regulations are affected or which sectors they cover.
Cointime reports: Qualcomm shares dropped more than 9% in premarket trading after the chipmaker’s Q4 results beat expectations but its profit guidance disappointed, with pressure in its handset business. Arm fell nearly 4% despite beating Q2 estimates, as its outlook failed to surprise. Memory chip stocks also declined, with SK Hynix down over 3% and Micron down over 2%, while optical communications names extended losses.
Cointime reports: Italy’s retail sales grew 1.6% year-on-year in September, accelerating from a 0.5% increase in the previous month. The pickup in consumer spending comes as the country’s retail sector shows firmer momentum heading into the fourth quarter.
Cointime update: China released its full 2027 public holiday schedule on the afternoon of the 5th, featuring a nine-day Spring Festival break from Feb. 5 (New Year’s Eve) to Feb. 13, matching 2026 as the longest on record. Two weekend workdays are shifted to prevent seven consecutive working days after the holiday. 2027 will have the fewest make-up workdays in recent years, with New Year’s Day and Qingming connecting naturally to weekends.
Cointime reports: F2Pool co-founder Wang Chun sold 6,200 wstETH for 18.5 million USDC on Nov. 5 as ETH rallied from $2,315 to $2,440 late the previous night, on-chain analyst Yu Jin reported. The average sale price was $2,390 per ETH. Wang Chun then transferred the USDC to Binance.
Cointime update: Democrats have taken both chambers of Congress in the midterm elections, but Republicans retain the White House and the veto, leaving tariffs, immigration enforcement and military action under presidential control. The new Congress convenes January 3, 2027, while the current one must handle a December 11 stopgap funding deadline. Analysts cited see limited room for new fiscal expansion, supporting long-end Treasuries, with state-level permitting now the key variable for AI data centers.