Cointime reports: Japan’s Nikkei 225 closed down 1.8% at 61,077.90, while the broader Topix index rose 1.2% to 3,940.39. South Korea’s Kospi fell 5.28% to close at 5,383.65, marking a sharp divergence between the two Asian markets.
Cointime reports: The World Openness Report 2026, a flagship publication of the Hongqiao International Economic Forum now in its sixth year, was released on the afternoon of the 5th. It shows the global openness index in 2025 recorded its largest decline in nearly a decade, while the openness index of emerging and developing economies rose year on year. China’s openness level remained at the forefront of developing countries.
Cointime update: Sony Group reported second-quarter net profit of 449.6 billion yen, surpassing the 360.1 billion yen estimate. The result, released as part of the company’s quarterly earnings, exceeded analyst expectations by a wide margin. No further details on revenue, operating profit or segment performance were provided in the disclosure.
Cointime reports: Nintendo reported second-quarter net profit of ¥73.49 billion, down 29% year on year and below the ¥82.21 billion market estimate. Operating profit fell 16% to ¥73.90 billion against a ¥88.1 billion forecast, while net sales dropped 15% to ¥448.23 billion versus ¥477.12 billion expected. For the full year, the company now projects operating profit of ¥370.0 billion and net profit of ¥310.0 billion, both well under consensus.
Cointime update: Large crowds across multiple Iranian cities held nationwide anti-US rallies on the 4th, marking the 1979 storming of the US embassy in Tehran. The demonstrations come as Washington escalates threats, vowing to restart military strikes against Iran. The gatherings were held in several locations nationwide, with participants condemning the United States and Israel.
Cointime update: US President Trump said on the 4th that if Democrats move to impeach him after taking control of Congress next year, it would “destroy” the Democratic Party. He also said he will not fire Pete Hegseth. The remarks tie a threatened impeachment effort to the coming congressional session.
Cointime update: China’s State Administration for Market Regulation has approved the release of a national standard, the Technical Specification for Special Protective Performance of Eye and Face Protectors, developed under the Ministry of Emergency Management. The standard targets risks in smelting, casting and cutting operations, covering hazards including UV and infrared radiation, molten metal, droplets and flowing liquids, dust particles and thermal radiation, and sets unified technical requirements and test methods for protective performance.
Cointime reports: The ChinaAMC STAR Semiconductor ETF (588170) set a record for its highest-ever daily turnover on Wednesday, with trading volume exceeding 13.7 billion yuan as of publication, up 47% from the previous full-day level. The ETF was up 4.17% at the time. Its top three holdings were Hwatsing Technology at 11.10%, Skyverse at 10.76%, and AMEC at 10.19%.
Cointime update: Ukrainian President Volodymyr Zelensky said on Nov 4 that he held a roughly 90-minute call with US special envoy Steve Witkoff and Jared Kushner about trilateral Ukraine-US-Russia talks scheduled for Nov 10-11 in Abu Dhabi. Zelensky said Kyiv has submitted proposals to the US side and wants to accelerate negotiations to end the conflict, and called for more US air-defense interceptors. Russia’s delegation will be led by presidential aide Vladimir Medinsky.
Cointime update: Brazilian crypto exchange Mercado Bitcoin said on Nov 5 that it will begin a phased restoration of its platform from Nov 9, starting with website access so users can view balances, statements, assets and investments. Transfers, withdrawals and trading will reopen module by module after final security verification. The exchange reiterated that customer assets will not suffer losses and that it will compensate affected assets with its own funds. Over $15 million in related assets has been frozen, up from $12.9 million previously, with cooperation from Tether, Circle, Paxos, BRL1, Chainalysis and crypto community experts.
Cointime update: China’s National Energy Administration on Wednesday published a list of 93 projects proposed for its “AI Plus” energy pilot program, including an intelligent decision-making system for substation main equipment maintenance. The list follows expert review and re-verification under the NEA’s call for high-value AI energy scenarios and pilot applications. The public comment period runs from November 5 to 11, 2026.
Cointime reports: Qingyun Technology (QingCloud) rose by the 20% daily limit on China’s A-share market as the computing power leasing sector extended its rally. Runjian Co. had earlier sealed its limit-up board, while Pingao Shares, UCloud, Chuangye Heima, Runze Technology and Aoya Co. each gained more than 10%.
Cointime reports: Goldman Sachs and Apollo Global Management have begun approaching Wall Street investors to sell portions of an approximately $40 billion chip financing deal for SpaceX, with some investors invited to subscribe up to $500 million ahead of a formal syndication process. SpaceX said the structure keeps the debt off its balance sheet and is the largest GPU financing arrangement of its kind on record. The move comes as Democrats’ sweeping midterm election victory unsettles the AI boom.
Cointime update: Nasdaq-listed Canton Strategic Holdings (CNTN) said issuer-backed tokenized common shares traded for the first time on Nov. 4 on TSV LLC, a tokenized securities platform on the Canton Network. The company called them the first tokenized US equity trades under the SEC’s innovation exemption framework introduced Sept. 17. Five North sold to DRW Cumberland, with Flowdesk providing liquidity via Tradecraft AMM’s permissioned pool and atomic settlement on Canton.
Cointime update: Elon Musk quietly deleted a post on X urging voters to “vote red today” after US midterm election predictions showed Democrats winning control of both the Senate and House. Musk had spent hundreds of millions of dollars backing Republican candidates. The post was gone from his account by November 4.
Cointime update: The ninth Hongqiao International Economic Forum released the Export China Capability Development Report on Thursday. The report examines China’s import structure, trade entities, market demand and policy framework to interpret opportunities in the Chinese market, and studies the export structures of several trading partners and how their products fit the Chinese market. It proposes measures for those partners to build export capacity for China and unlock their potential.
Cointime reports: Bitcoin’s share of short-term holder supply in profit has dropped to about 38% from 97.5% in early October, Glassnode said, as a roughly 10% pullback from September highs washed out speculative gains and flushed excess long leverage. The on-chain data firm said the largest short liquidation cluster now sits near $87,000, while spot price is retesting the August breakout zone around the $77,700 True Market Mean and $75,700 short-term holder cost basis.
Cointime update: Alibaba Cloud’s Lingjun Zhenwu M890 supernode has completed Day0 adaptation for the model weights of Moonshot AI’s Kimi K3.1 Pro, the cloud unit said. The adaptation was fully validated end-to-end on the two mainstream open-source inference frameworks, vLLM and SGLang.
Cointime update: Binance and Polymarket are seeking a Polygon hard fork to recover $6.8 million in stolen crypto. Polygon block producers have already frozen the stolen tokens, but the proposed hard fork would allow the funds to be recovered and returned to their owners.
Cointime reports: Commerzbank reported third-quarter net profit of €859 million, ahead of the €845.2 million market estimate. Operating profit came in at €1.31 billion, slightly below the €1.34 billion forecast, while net interest income was €2.12 billion versus €2.13 billion expected. The bank guided to full-year revenue of about €13.2 billion and net interest income of roughly €8.5 billion.