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Bank of Japan board member Toshiro Asada: Japan's inflation rate has already reached about 2%, so there is not much point in pushing up prices further.

Global nuclear power construction exhibits a clear regional disparity. According to data from the World Nuclear Association (WNA), as of November 9, 2026, China had 40 nuclear power units under construction, ranking first globally. India had 8, Russia 7, Egypt, Turkey, and South Korea each had 4, while the United States had no commercial nuclear power units under construction. Updated statistics from the WNA on November 11 show that China had 39 units under construction, out of a global total of 82, representing nearly 48% of the total. The remaining countries had a combined 43 units. The United States currently has 94 operating nuclear reactors, with another 25 in the proposal stage but not yet in formal planning or construction. In contrast, China has established a sustained scale of nuclear power project construction, with more continuous project demand in nuclear equipment, engineering construction, and the supply chain. With the growth in demand for AI data centers, electrification, and industrial electricity, stable baseload power is increasingly valued. The long construction cycle of nuclear power plants means that the current scale of construction will affect the new power supply capacity for the next few years and will be one of the key differences in the long-term energy security of AI infrastructure between China and the United States.

Bank of Japan policy board member Toshiro Asada: I am not entirely against raising interest rates. At some point in the future, we may need to raise rates slowly. If we do raise rates, the pace must be cautious.

Bank of Japan policy board member Toshiro Asada: The neutral interest rate may be slightly higher than the Bank of Japan's policy rate.

Bank of Japan policy board member Toshiro Asada: We are not currently considering proposing an interest rate cut.

Modi ally Chandrababu Naidu said Alphabet's planned $15 billion Google AI data centre in Andhra Pradesh is expected to begin operations in 2028. The state has pledged uninterrupted power and water and is assessing measures to meet the project's energy needs. The investment, which includes data centres and a subsea cable system, is Alphabet's largest bet in India and central to the state's tech-hub plans; Blackstone has also announced new local data-centre investments. The project faces opposition from residents and environmental groups over potential water shortages and power constraints.

Bank of Japan policy board member Toshiro Asada: I hope that at each monetary policy meeting, we will comprehensively review the upside and downside risks to the economy as well as the financial situation before making policy decisions.

Bank of Japan policy board member Toshiro Asada: Even if the Bank of Japan's policy rate reaches a level consistent with its policy objectives, the Bank of Japan may still raise or lower interest rates above that level.

Bank of Japan policy board member Toshiro Asada: Terminal interest rate is closely related to neutral interest rate.

Bank of Japan policy board member Toshiro Asada: The Bank of Japan does not directly manage foreign exchange, therefore he will not comment on the ideal USD/JPY exchange rate level.

Iranian Parliament Speaker Mohammad Ghalibaf stated, "We have given the United States our final answer; the ball is now in the US's court." This statement implies that negotiations have ended and the red lines have been drawn.

The Hang Seng Tech Index fell by 2%, while the Hang Seng Index dropped by 1.07%. Gold stocks, physics-based AI stocks, and robotics concept stocks were among the biggest losers.

Bank of Japan policy board member Toshiro Asada: My view is that Japan's nominal neutral interest rate is at the lower end of the range estimated by Bank of Japan staff.

Bank of Japan policy board member Toichiro Asada: There are no specific plans for the terminal interest rate.

Shaniel Ramjee, Head of Multi-Asset Investments at Pictet Asset Management in London, said the potential leadership change at Nvidia raises a concern: can the AI ​​investment boom continue? This is because Nvidia plays a central role in the industry's financing ecosystem. He cautioned that it's too early to draw conclusions, but expects "the market to try to figure out the extent of Nvidia's commitment to these financing structures."

Bank of Japan policy board member Toshiro Asada: (When asked whether the Bank of Japan's interest rate hikes might affect government economic policy) The independence of the central bank is an important framework for achieving price stability.

Bank of Japan policy board member Toshiro Asada: (When asked whether a further rate hike in December would be premature) We must be wary of the risk that a rate hike could suppress underlying inflation, as consumption lacks momentum.

Investors are currently cautious, assessing the potential market impact if Jensen Huang is removed from his position as CEO of Nvidia. Pepperstone Group Ltd. strategist Dilin Wu stated, “Nvidia is becoming a major headache for the entire AI concept trade. Huang has been the face of the company for decades, so it's not surprising that reports of the board potentially replacing him are unsettling investors, especially with only days left before the company's earnings report.” She further stated, “The market is worried not only about who will succeed him, but also about whether Nvidia can maintain its strategic direction, customer relationships, and execution capabilities without Huang at the helm. This is a major question for a company that occupies such a central position in the AI ​​boom.” She added that if Nvidia's uncertainty begins to affect investment plans, customer orders, or profit expectations, Asian markets will find it even harder to ignore it.

Mohsen Rezaei, secretary of Iran's Supreme National Security Council, stated that if the United States launches another war against Iran, all military bases involved in this aggression, from West Asia to Europe, will become legitimate targets for Iran's deadly strikes.

Apple futures contracts surged 4.00% intraday, currently trading at 6179.00 yuan/ton.