Cointime update: The European Commission on Nov. 5 disbursed €4.36 billion to Ukraine, the latest tranche of a €90 billion EU aid loan package. The financing is intended to cover Ukraine’s 2026–2027 funding needs, keep the state functioning and public services running, and strengthen its defense capabilities and defense industry.
Cointime update: The Henan Provincial Government Office issued a policy package to stimulate auto consumption, including a rural campaign for new energy vehicles and implementation of purchase tax and vehicle-and-vessel tax exemptions and scrappage and trade-in subsidies. The measures also encourage local governments to issue vouchers for the auto aftermarket and support Zhengzhou’s pilot reform of auto distribution and consumption.
Cointime update: Henan Province has issued new measures to boost consumption, adding gas stoves, range hoods, water purifiers, dishwashers, dryers, smart cleaning robots and digital cameras to its trade-in subsidy program. Eligible products receive a 15% subsidy on the final sale price, capped at 1,500 yuan per item, with one subsidized unit per category per consumer. Funds are allocated on a first-come, first-served basis until exhausted.
Cointime update: China Securities Regulatory Commission Chairman Wu Qing and Omani Foreign Minister Badr signed a memorandum of understanding on securities and futures regulatory cooperation in Beijing on Nov. 2, witnessed by the heads of state of China and Oman. The CSRC said the pact will strengthen regulatory exchanges and cooperation in securities and futures and promote the healthy development of both countries’ capital markets.
Cointime reports: BTC broke above $80,300 and held above its 20-day moving average, Liquid Capital founder Yi Lihua said on Nov. 5, adding that a strong break of $82,600 is needed to start a second main upward wave. Yi said clearing the $86,000 resistance would open the way to $97,000 and $104,000, framing the recent pullback as a correction within a bull trend.
Cointime update: Heilongjiang Province kicked off a 100-day winter ice and snow tourism campaign on November 8, running through February 28, 2027, under the theme “Ice and Snow World, Passionate Longjiang.” The campaign includes the distribution of 100 million yuan in consumer vouchers, announced at a press conference in Harbin, aimed at boosting winter tourism.
Cointime update: Russian presidential press secretary Dmitry Peskov said on November 5 that a Russian delegation has received US visas to attend a meeting hosted by US First Lady Melania Trump. The delegation will include human rights commissioner Tatyana Lantratova and Dmitriev, the president’s special representative for foreign investment and economic cooperation.
Cointime reports: The Houthis have demanded $51 billion from Saudi Arabia to end hostilities, after attacks on Saudi oil tankers in the Red Sea and the seizure of a strategic chokepoint in the Bab al-Mandab Strait. The group said the sum would compensate for losses from years of Saudi airstrikes and a long blockade. The Houthis also demand formal recognition as Yemen’s rulers. Neither the Saudi government nor Houthi leadership responded to requests for comment.
Cointime update: South Korea’s finance ministry and central bank said a report that the country was considering large-scale purchases of long-term US Treasuries was “not consistent with the facts,” adding that the asset composition and management of foreign exchange reserves are not disclosed publicly. The denial followed a report that Seoul was weighing such purchases.
Cointime update: Russian presidential press secretary Dmitry Peskov said on November 5 that Russia’s interests regarding Ukraine do not depend on the domestic situation in the United States. Speaking to reporters, Peskov stated that these interests will be safeguarded under any circumstances.
Cointime reports: The Bank of England is widely expected to raise its policy rate by 25 basis points to 4%, the first hike in more than three years, driven by higher energy prices tied to the US-Iran conflict. Markets will watch the vote split, forward guidance, and updated inflation and GDP forecasts, with the committee expected to sharply raise its inflation projection while assessing wage-price spiral risks.
Cointime reports: USDT is trading at a 13% premium in Paraguay following the closure of crypto exchange Ueno, with Bybit listings showing a sharp gap between buying and selling prices. Paraguay’s central bank is preparing deposit-guarantee payments for Ueno savers. The premium reflects strained dollar liquidity as users seek stablecoin exits.
Cointime update: Oman’s Foreign Minister Badr al-Busaidi and Iranian Foreign Minister Abbas Araghchi spoke by phone on November 5, agreeing to move the region from de-escalation toward a durable consensus. The two discussed practical arrangements to secure maritime shipping lanes and a joint technical mechanism to keep international trade and energy transport flowing, aiming to end the state of war and prevent renewed regional conflict.
Cointime update: China’s Ministry of Industry and Information Technology (MIIT) said on the 5th that the country will actively and steadily advance the safe, healthy and orderly development of its low-altitude equipment industry, with safety as a precondition. The statement was made by a responsible official of the ministry. No further details, timelines or policy measures were disclosed.
Cointime update: Kremlin spokesman Dmitry Peskov said all Russian diesel shipments bound for the United States will find buyers under agreements reached between Moscow and Washington. He urged against linking tanker course changes to the US midterm election results and declined to disclose commercial details. Two of three tankers carrying Russian diesel to the US had reportedly changed course after threats from US Democrats and authorities against the companies involved.
Cointime reports: China’s hydrogen industry investment reached 28.7 billion yuan in the first three quarters of the year, up 108% year-on-year and doubling from a year earlier, the National Energy Administration said. More than 10 renewable hydrogen projects began construction, adding 100,000 tonnes of annual capacity, while operating renewable hydrogen capacity now exceeds 350,000 tonnes a year, over 50% of the global total.
Cointime update: Meta Platforms Inc. raised €9 billion in its first-ever euro-denominated bond sale, drawing more than €62 billion in orders — a record for a European corporate debt issue. The deal’s attractive yields pulled in investors even as some remain cautious about the scale of AI spending. The issuance marks Meta’s debut in the euro bond market.
Cointime update: The 2026 China International Public Procurement Forum opened in Shanghai as a key side event of the ninth China International Import Expo. More than 300 delegates from international organizations, multilateral financial institutions and foreign governments gathered for a policy dialogue.
Cointime update: Wang Hongzhi, head of China’s National Energy Administration, met Angola’s Minister of Energy and Water João Borges in Beijing on November 3. The two sides exchanged views on cooperation in renewable energy, power and related fields. No further agreements or figures were disclosed.
Cointime update: Porsche unveiled the new 911 GT4 R at the 9th China International Import Expo in Shanghai, marking the car’s China debut. It is Porsche’s first customer racing car built on the 911 platform for global GT4 competition. Porsche also showed the China-exclusive Panamera edition and several classic models at the expo.