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11/5
16:46
Speaking at the Hongqiao International Economic Forum's Hong Kong Sub-Forum in Shanghai, Hong Kong Chief Executive John Lee stated that Hong Kong will continue to expand its international economic and trade network, consolidate its status as an international financial center, strengthen its advantages as the world's largest offshore RMB hub, and assist mainland enterprises in expanding into overseas markets through the "Go Global" initiative.
16:44
German defense giant Rheinmetall has lowered its 2026 financial outlook, sending its stock tumbling due to delays in military programs. The company reduced its 2026 sales forecast from the previously announced €13.7 billion to €14.2 billion down to approximately €13.2 billion (equivalent to $14.9 billion), and trimmed its operating margin expectation from 19% to about 18.5%. Rheinmetall stated that the performance revision is primarily driven by delivery postponements in the German military's Arminius Boxer project and obstacles encountered during acceptance testing for propellant and ammunition. Affected by the news, the company's stock plummeted by as much as 15% intraday.
16:41
European stocks surpassed their prior closing record high as the region extended an outperformance driven by a rotation out of the artificial intelligence trade and a strong earnings season.
16:35
South Korean tobacco manufacturer KT&G posted record-high third-quarter operating profit and revenue, putting it on track to hit 7 trillion won in full-year revenue. The company announced on Thursday that its consolidated revenue for the July–September period rose 4.3% year-on-year to 1.91 trillion won (approximately $1.4 billion), while operating profit surged 13.9% to 530.1 billion billion won. Both figures marked all-time record highs for a single quarter, driven by robust overseas cigarette sales and a booming heated tobacco products business. Meanwhile, the company pledged to enhance shareholder returns over the next four years.
16:32
OpenAI stated that its AI has discovered 948 Linux system vulnerabilities and written runnable exploit code for each of them. In response, the crypto security community noted that decentralized architecture makes the industry better equipped to handle such risks than most traditional sectors.
16:32
The United Kingdom Maritime Trade Operations (UKMTO) reported that an oil tanker was struck by two unidentified projectiles 50 nautical miles north of Madinat ash Shamal, Qatar. The condition of the crew and the extent of the damage remain unclear at this time.
16:19
Kakao has delayed its corporate spin-off plan to February 2027 while accelerating a 150 billion won share buyback. Due to the Korea Exchange's preliminary re-listing review taking longer than expected, Kakao has postponed its plan to split into Kakao AI and Kakao X from January 1 to February 1. It is also accelerating the 150 billion won (approximately $112 million) share buyback and cancellation plan to shore up shareholder confidence ahead of the restructuring. The company stated on Thursday that its board of directors has approved the revised schedule.
15:57
South Korea plans to expand the anti-piracy patrol scope of its Cheonghae Unit from the waters off Somalia to the vicinity of the Port of Duqm in Oman, located about 650 kilometers from the Strait of Hormuz, in response to U.S. pressure for support in the conflict with Iran. A Ministry of National Defense spokesperson stated on Thursday that the government will submit a motion to the National Assembly next week, following cabinet deliberation, to extend the naval task force's mission period and expand its operational radius. The new mission will be strictly limited to non-combat operations and will remain under independent South Korean command.
15:54
According to Nikkei Asia, a Toyota Motor executive stated that uncertainty remains over whether the Democratic control of Congress following the US midterm elections will lead to a shift in US policy. Hiroyuki Ueda, Toyota's Chief Officer of External and Public Affairs, said that the election outcome represents a major shift and will have a massive impact. He also noted that the company's top priority is its customers, and regardless of changes in government or policy, it hopes to continue producing and delivering the cars that customers want to buy.
15:46
The 9th China International Import Expo (CIIE) opened in Shanghai, attracting participants from over 160 countries and regions. Vice Premier Ding Xuexiang attended the opening ceremony and delivered a keynote speech. Running through November 10, this year's CIIE has drawn 4,142 overseas exhibitors from more than 160 countries and regions, with over 480 exhibits making their global, Asian, or Chinese debuts.
15:41
Bybit will support the Base Mainnet v1.5.1 network upgrade on November 5. To ensure a smooth transition, the platform will suspend deposits and withdrawals on the Base Mainnet starting from 17:45 UTC on November 5. Trading will remain unaffected.
15:40
The South Korean government plans to delay the taxation of cryptocurrency gains by another two years to 2029, and has proposed allowing investors to carry forward losses for three years. Minister of Economy and Finance Lee Hyeong-il stated that the government will work with the National Assembly to advance the postponement plan. If approved, this would be the fourth delay for the tax since its legislation in 2020.
15:35
European Central Bank (ECB) Executive Board member Piero Cipollone stated that the ECB Governing Council is expected to decide on the final design concepts for the new series of euro banknotes by the end of this year. The future new banknotes are projected to gradually enter circulation starting in the early 2030s, and existing banknotes will remain valid.
15:30
Bybit will support the Polygon (POL) v2.11.0 network upgrade on November 5. To ensure a smooth transition, the platform will suspend deposits and withdrawals for Polygon (POL) tokens starting from 13:30 UTC on November 5. Trading will remain unaffected.
15:28
Crédit Mutuel Arkéa has resumed operations and is assessing the damage following a cyberattack, stating that customer funds were unaffected and that the attackers accessed its systems via a service provider's platform.
15:19
Bybit will support the Valuechain (SOSO) network upgrade on November 5. To ensure a smooth transition, the platform will suspend deposit and withdrawal services for Valuechain (SOSO) tokens starting from 07:30 UTC on November 5, while trading will remain unaffected.
15:19
Canadian holding company Avenir Global has reached an agreement to acquire Marker Collective, a public relations and marketing firm owned by London-based Next 15 Group Plc, thereby expanding its client roster to include more technology companies such as NVIDIA and Meta.
15:15
U.S. long-term government bond yields fell to an eight-week low as the Democrats winning the midterm elections eased pressure on the bond market. According to WSJ market reports, because the Democrats achieved a landslide victory in the midterm elections and gained control of Congress—a blow to Donald Trump and his party—investors expect future fiscal constraints to tighten, thereby providing some breathing room for the bond market.
15:07
The Bank of Japan (BOJ) will host its 25th "Bond Market Group" meeting starting December 7. It will hold separate discussions with representatives from commercial banks, securities firms, and buy-side institutions to discuss the results of the bond market survey, liquidity in the Japanese Government Bond (JGB) market, and recent developments in financial markets and market operations.
15:04
Ali Akbar Dareini, an analyst at the Center for Strategic Studies in Tehran, stated that due to the perception that traditional deterrence failed to prevent the US-Israeli strikes in February, Iran's ruling establishment is facing mounting pressure to shift toward nuclear weapons, though no official decision has been made yet.

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