Nvidia's board is meeting late Wednesday to decide whether to oust CEO Jensen Huang, a source familiar with the matter told Reuters, as the world's dominant supplier of AI chips grapples with reports of two extramarital affairs involving its longtime leader.

Nvidia did not immediately respond to a request for comment on the board meeting.

The meeting marks a sharp shift from Sunday, when Nvidia's board expressed confidence in Huang and his leadership team. Under Nvidia's bylaws, Huang can be removed "with or without cause" by a majority vote of directors. Nvidia has 11 directors and considers all but Huang independent. (RTRS – Continue Reading)

Dovish Bank of Japan policymaker Toichiro Asada pushed back against calls within the board for a near-term interest rate hike, arguing on Thursday that premature rate hikes could hurt growth and push down underlying inflation.

While an overshoot of inflation above the BOJ's ⁠2% target could have adverse effects on the economy, there was also a risk the effect of past and future rate hikes may weigh on economic activity and underlying inflation, Asada said in a speech to business leaders in Nagasaki, southern Japan.

Welcoming data showing real wages turned positive since ⁠the turn of 2026, Asada said growth and consumption have lacked momentum. (RTRS – Continue Reading)

Japan’s corporate goods inflation accelerated for the first time in three months, adding to evidence of persistent price pressures that support the case for a Bank of Japan interest-rate increase next month.

The measure of prices for goods traded between Japanese firms climbed 7.1% in October from a year earlier, accelerating from 6.8% in the previous month, the Bank of Japan reported Thursday. Economists had forecast the pace of gains would ease. On a monthly basis, prices climbed 0.7%, the fastest since May. (BBG – Continue Reading)