India is directing coal producers and railway officials to triple power plant coal stocks before next summer. According to Sina Finance, the Coal, Power and Railways ministries set a target of increasing inventories from about 18 million tonnes to at least 55 million tonnes by March, the end of the current fiscal year. Sources said the target is roughly equivalent to stock levels at the same time this year. Coal shortages in recent months have contributed to power cuts and higher energy costs. Weak hydropower output and heat-driven electricity demand have strained the grid, while Coal India’s priority supply to power plants has tightened fuel availability for factories. Stocks have slowly recovered over the past two weeks as temperatures eased, but they still cover only about six days of consumption, a five-year low. Disruptions such as Cyclone Anob last month have added to the challenge of preparing for summer. India generally requires power plants to hold about three weeks of coal, though standards vary; nearly half of plants have less than a quarter of their required reserves. The government aims to avoid power shortages ahead of elections in several key states in the first half of next year, including Uttar Pradesh. Coal India said its shipments hit a record last month, surpassing the previous March record, with more than 80% going to grid-connected power plants. Its October output was also the highest for that month. Indian Railways increased the number of rail cars deployed by 20% year over year in October, and the Power Ministry wants capacity to rise a further 7% by March. Improved supply and lower demand have helped stabilize electricity in states including Chhattisgarh, where industrial outages occurred last month, but power plants’ priority access has reduced supplies for other coal users. Rajiv Agarwal, secretary-general of the Association of Captive Power Producers of India, said contracted coal can take months to arrive, forcing companies to buy at high prices in spot auctions or purchase electricity from the grid. He said worsening smog in northern India could disrupt rail transport and tighten supplies further. Vijay Kumar, secretary-general of the Indian Newsprint Manufacturers Association, said coal supplies to newsprint producers had improved only slightly. He wrote to Prime Minister Narendra Modi last month asking him to intervene and reduce coal allocations to power plants.

Copper fluctuated as the dollar weakened after Democrats won control of both chambers of Congress in the U.S. midterm elections, an outcome seen as a rebuke to U.S. President Donald Trump. According to Sina Finance, the London benchmark three-month copper contract pared its losses after touching its lowest level since August and was little changed at about $14,000 per metric ton. A weaker dollar supported commodities. Copper has been volatile this year, reaching a record high in September before retreating in recent weeks. Concerns that AI-related spending could weigh on stocks have raised worries about global growth. After the election, traders are focusing on Donald Trump's possible move to impose tariffs on refined copper imports, a risk that has already prompted large volumes of copper to flow into the United States.

A senior private-sector coalition that works with the government on economic and trade policy said Thailand's vehicle production could reach 1.55 million units in 2027, about 7% above this year's expected level. According to Sina Finance, Thailand's cabinet raised the excise tax on imported battery electric vehicles to 35% from 10%, and on extended-range electric vehicles to 35% from 15%, on November 3; the changes take effect on January 1, 2027, to encourage local manufacturing and develop domestic supply chains. The Federation of Thai Industries' automotive club cut its 2026 production target to 1.45 million vehicles from 1.5 million. Production rose 0.39% year over year to 1,080,030 vehicles in the first nine months of this year. The Joint Standing Committee on Commerce, Industry and Banking said Wednesday that the tax measure would support the automotive industry, which accounts for about 10% of Thailand's GDP, employs more than 800,000 people, and supports over 3,000 small and medium-sized enterprises. The committee also said the policy could attract foreign investment in next-generation vehicle manufacturing and research and development.

Alchemy Pay has received a money transmitter license (MTL) from the Mississippi Department of Banking and Consumer Finance. According to Foresight News, the license brings the number of U.S. states where the crypto payments provider holds MTLs to 20, while applications in several other states remain under review. Alchemy Pay said the expanded licensing supports its fiat-to-crypto and crypto-to-fiat services and the development of its stablecoin plans and Alchemy Chain, a stablecoin-focused Layer 1 blockchain. Any future stablecoin issuance would remain subject to applicable regulatory requirements.

OpenAI founder Sam Altman said on X that humans should always control the future and should not hand control to superintelligence, a principle he said should ultimately constrain AI progress. According to ChainCatcher, Altman said OpenAI rejects the view that people should be reduced to doing only what AI systems consider worth rewarding. His account bio says OpenAI's mission is to ensure that artificial general intelligence benefits all of humanity.

According to RTHK, HKET and The Korea Herald, Tokyo's Nikkei 225 closed at 62,188.63, down 893.23 points, or 1.42%, after touching an intraday low of 60,030. The broader TOPIX fell 0.89% to 3,895.38. Chip-related shares declined, with Tokyo Electron down 3.42%, Advantest down 3.35% and SoftBank Group down 3.20%. Seoul's KOSPI closed at 5,683.80, up 35.01 points, or 0.62%. The index opened 2.43% higher, turned lower and fell as low as 5,421.72 before returning to positive territory in the afternoon, as early U.S. midterm election results pointed to Democrats regaining control of both chambers of Congress. Foreigners sold a net 2.5 trillion won, while institutions and individuals bought a net 1.01 trillion won and 1.15 trillion won, respectively. Daishin Securities analyst Lee Kyoung-min said investors were concerned that tighter regulation of AI data centers under a Democratic Congress could reduce AI investment, while eco-friendly sectors gained on expectations of policy support. Samsung SDI rose 11.57% and LG Energy Solution gained 5.03%, while Samsung Electronics fell 0.68% to 218,000 won and SK hynix slipped 0.14% to 1,396,000 won. Hong Kong's Hang Seng Index opened 74 points lower, then rebounded to close at its session high of 23,919.50, up 393.53 points, or 1.67%, for a fourth straight gain. Main-board turnover was HK$236.9 billion. The Hang Seng Tech Index rose 1.8% to 3,936. Chip and AI-related shares advanced, with Hua Hong Semiconductor up 15.75% and SMIC up 8.96%. Healthcare stocks gained, as WuXi Biologics and WuXi AppTec each rose more than 12%. Lenovo climbed 6.00%, Tencent added 1.11% and Alibaba rose 1.05%. Taiwan's TAIEX closed at 42,948.91, down 358.63 points, or 0.83%, for a fifth consecutive decline, after falling as much as 1,451.72 points to 41,855.82 intraday. TSMC fell 1.53% to NT$2,260, Delta Electronics dropped 3.94% and Hon Hai declined 2.24%, while MediaTek rose 1.09% to NT$3,715. Foreign and mainland Chinese investors sold a net NT$149.9 billion. In mainland China, the Shanghai Composite Index rose 2.16% to 3,686.17, the Shenzhen Component Index gained 4.22% to 11,335.69 and the ChiNext Index jumped 6.40% to 2,544.73. The STAR 50 Index rose 9.92%. Combined turnover on the Shanghai and Shenzhen exchanges returned above 2 trillion yuan.

More than $133 million in crypto was taken from an EU financial institution over a weekend, with most of it withdrawn through Kraken, Crypto.com and OKX accounts before being swapped and moved on. ZachXBT now says the victim is allegedly French bank Credit Mutuel Arkea, while Kraken says it has restricted the accounts and is working with law enforcement to recover the funds.

Zcash Community Grants (ZCG) said it will not proceed with its proposal to gradually reduce the development fund, and closed the related discussion thread. According to Foresight News, ZCG announced the decision in a post on the Zcash forum, saying the proposal was submitted on October 29 and aimed to address the amount of ZEC allocated to the organization. ZCG said the future of the development fund and its treasury should be decided by the community through Zcash’s regular governance process. Previously, Zcash founder Zooko said on the forum that Tachyon Group, led by Sean Bowe, and Shielded Labs had jointly submitted a ZIP proposal. It proposed ending future funding for ZCG, reducing its treasury, and establishing a fund for future development and legal defense.

Democratic candidates are more inclined to halt new construction, while regulation of electricity prices and grid costs has received bipartisan support.

RWAI, an AI-customized manufacturing platform focused on real-world assets, has completed an $8 million funding round. According to Foresight News, investors included Amber Group, UOB Venture Management, ArkStream Capital, Web3Labs, Waterdrip Capital, Moonhill Capital, Basics Capital, Anti Capital, Everwood Capital and Solarium Investment. RWAI currently focuses on apparel and uses AI for product planning and design, manufacturer matching, production, quality inspection and delivery. The platform supports on-chain payments and has introduced tokenized commodity NFTs linked to physical goods. RWAI also said it plans to launch a community airdrop.

The key to the $6.36 billion theft from Binance was not the leak of private keys, but the signing of 50 EIP-7702 delegated authorizations in the signature system.

GasFree released its October 2026 monthly report on November 4. According to ChainCatcher, the platform processed 933,729 transactions and recorded $15.89 billion in transfer volume during October, bringing its cumulative user count to 524,043. GasFree allows users to pay TRON network transfer fees directly with USDT or USDD without holding TRX.

New research finds UK interest rates are restraining inflation less than the Bank of England expected, strengthening the case for a borrowing-cost hike this week, according to Bloomberg.

With the Democrats regaining control of the Senate, policy prospects in areas such as AI data centers, crypto assets, Federal Reserve independence, and clean energy are changing.

Bitcoin's four-year halving cycle is not the only time scale; a 75-month window can serve as a long-term reference for testing market turning points, but it must be confirmed by price structure.

Xu Mingxing published a lengthy article criticizing CZ by name, saying that CZ shirked responsibility in his interview and blamed traditional banks, and that industry security should not be reduced to mere public relations rhetoric.

Attackers stole about $6.3 billion from Binance's hot wallets, and South Korea's financial regulator has told local exchanges to tighten security and keep more customer funds offline. It is also considering lifting the cold wallet minimum from 80% to as much as 99%, though smaller exchanges warn this could slow withdrawals.

An unidentified European Union entity is suspected of losing more than $106 million from accounts held across multiple centralized crypto exchanges, just days after hackers stole billions of dollars from Binance in one of the industry's largest-ever heist.

This study explores the price deviation of tokenized stocks relative to their underlying assets and the issue of market fragmentation.

If the Democrats win both houses of Congress, they may launch a “legislative sprint” to quickly pass a series of popular bills while overturning Trump’s most unpopular policies.