[Yonhap News headlines at this time] - 07:30

As the possibility that NVIDIA CEO Jensen Huang was involved in the espionage activities of Chinese intelligence agencies has been raised, it seems that the competition between the United States and China for artificial intelligence (AI) supremacy is spreading. As CEO Hwang, who has advocated for the relaxation of U.S. export controls on advanced AI semiconductors, is at the center of controversy, political pressure on NVIDIA's business in China will increase, and there are predictions that U.S. regulations on popular technology may be further strengthened. In particular, as not only the Democratic Party, which won the majority in the Senate and House of Representatives in the November 3 midterm elections, but also the Republican Party are raising national security concerns, restrictions on exports of advanced semiconductors to China are likely to emerge as a bipartisan agenda.

Nvidia's stock price plummeted on the New York Stock Exchange on the 9th (local time) as Nvidia CEO Jensen Huang admitted an affair with a female businesswoman suspected of being a spy linked to Chinese intelligence agencies. As of 9:40 a.m. Eastern time, Nvidia's stock price was trading at $175.12, down 6.17% from the previous trading day. NVIDIA's stock price fell to $170.24 at one point during the day, falling 8.79%. CEO Jensen Huang acknowledged the affair and apologized to employees in an internal memo over the weekend, and as Nvidia's board of directors began an investigation into the related allegations, management uncertainty appears to be weighing on the stock price.

The three major stock indices of the New York Stock Exchange all rose sharply on the 9th (local time) thanks to a sharp drop in international oil prices and low-price buying of technology stocks. On this day, on the New York Stock Exchange (NYSE), the Dow Jones Industrial Average ended trading at 52,389.75, up 1,104.02 points (2.15%) from the previous day. The Standard & Poor's (S&P) 500 index closed at 7,549.94, up 173.08 points (2.35%) from the previous day, and the Nasdaq Composite Index, centered on technology stocks, closed at 25,253.14, up 673.71 points (2.74%).

In relation to the future response fund being promoted by the government, it was found that a number of public opinions were received in August about the lack of specific standards during the legislative notice period or concerns about duplicate investment. According to the office of Rep. Park Soo-young of the People Power Party and the People's Participation Legislation Center on the 10th, a total of 111 legislative opinions were received during the five-day legislative notice period for the Future Response Fund Act from August 24th to 28th. There were 0 opinions classified by the government as ‘in favor’.

The number of minority shareholders in domestic listed companies has increased rapidly, led by some large stocks such as SK Hynix and LS Electric, and has increased by about 24% over the past year and six months. On the 10th, Leaders Index, a business analysis research institute, conducted a survey of 1,992 domestic listed companies that could compare the status of minority shareholders at the end of 2024 and the end of the first half of this year, and found that the simple total number of minority shareholders increased by 15,850,356 (24.2%) from 65,516,465 to 81,366,821. However, among the companies surveyed, only 601 companies had an increase in the number of minority shareholders. On the other hand, the number of companies that decreased was more than twice as many, at 1,384. Some companies have led the increase in the overall number of minority shareholders.

France pointed to Iran's Islamic Revolutionary Guard Corps (IRGC) as the mastermind behind a cyber attack that raised the temperature of refrigerators in hundreds of supermarkets across the country last month. According to Reuters and AFP, French Foreign Minister Jean-Noël Barro said on the 9th (local time), "I can confirm that Iran's Islamic Revolutionary Guard Corps carried out this attack." In the middle of last month, 700 supermarkets from various companies across France suffered a cyber attack that caused refrigerator temperatures to rise above 50 degrees.

Former U.S. Deputy Secretary of State Kurt Campbell predicted on the 9th (local time) that North Korea is demanding recognition of its status as a nuclear state as a condition for the North Korea-US summit, but that it will be virtually impossible for President Donald Trump, whose political standing has narrowed after the midterm elections, to accept this. Former Deputy Secretary Campbell, chairman of the Asia Group, a U.S. think tank, met with journalists from the Asia-Pacific region, including Yonhap News Agency, and said, "As far as I understand, North Korea has conveyed its position that the only condition under which it can consider a summit is if the United States recognizes North Korea as a nuclear state." He continued, “Considering the current situation, it is almost impossible for President Trump to accept this, and both Republicans and Democrats in the United States will immediately backlash.”

It has been revealed that the military authorities are planning to significantly expand the purchase of Army Special Operations Command (Special Forces) infiltration materials, such as parachutes that can infiltrate enemy rear areas, as part of the drive to transfer wartime operational control. According to next year's budget submitted by the Ministry of National Defense to the National Assembly on the 10th, the Ministry of National Defense has set a total budget of 131.938 billion won for special forces infiltration materials among aviation equipment in next year's logistics materials. This budget was 10.8 billion won last year and 9.8 billion won this year, but next year it was increased by about 13 times.

Although the majority of job seekers believe that the ability to use artificial intelligence (AI) is important for employment, a survey showed that not many companies actually formally evaluate this when hiring new employees. On the 10th, the Korea Economic Association announced the results of a 'Company-Job Seeker Perception Survey on the Competencies of New Talent in the AI ​​Era' conducted on 500 job seekers in their 3rd year or higher at a domestic 4-year university and 200 of the top 1,000 companies in domestic sales. As a result of the survey, 77.0% of job seekers answered that the ability to use AI is important in employment. 15.2% said it was ‘average’ and 7.8% said it was ‘not important’.

Tuesday the 10th will be cold with low morning temperatures, and thick fog is expected in the inland country until the morning. As of 5 a.m. on this day, the temperature was 1.2 degrees in Seoul, 2.6 degrees in Incheon, 0.5 degrees in Suwon, 3.7 degrees in Chuncheon, 5.9 degrees in Gangneung, 4.1 degrees in Cheongju, 2.7 degrees in Daejeon, 4.3 degrees in Jeonju, 4.6 degrees in Gwangju, 11.8 degrees in Jeju, 4.9 degrees in Daegu, 8.8 degrees in Busan, 8.9 degrees in Ulsan, and 8.9 degrees in Changwon. 9.0 degrees, etc. The morning temperature will drop by about 3 to 8 degrees from the previous day, mainly in the metropolitan area, South Chungcheong area, and Jeolla area, and there will be ice in some places in the central inland area, eastern Jeollabuk-do, and inland Gyeongsang area.