Yonhap News Summary

The following is the second summary of major stories moved by Yonhap News Agency on Wednesday.

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■ (2nd LD) Seoul shares rise for 2nd day on tech rally amid rate hike woes

SEOUL -- Seoul shares ended sharply higher for a second straight session Wednesday, buoyed by a rally in technology stocks amid concerns that hotter-than-expected U.S. inflation could prod the Federal Reserve to pursue an aggressive tightening mode.

The Korean won was trading higher against the U.S. dollar.

https://en.yna.co.kr/view/AEN20261111007152320

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■ (News Focus) Jensen Huang scandal casts uncertainty over S. Korea's deepening AI ties with Nvidia

SEOUL -- When Nvidia CEO Jensen Huang visited South Korea in June and shared soju and grilled pork belly with the heads of the country's technology giants, the high-profile gathering symbolized their deepening ties in artificial intelligence (AI), spanning semiconductors, robotics and autonomous driving.

Huang has met Samsung Electronics Chairman Lee Jae-yong, SK Group Chairman Chey Tae-won and Hyundai Motor Group Executive Chair Euisun Chung on several occasions this year, forging partnerships across critical cutting-edge sectors.

https://en.yna.co.kr/view/AEN20261111005900320

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■ Gov't seeks to relocate Army academy out of Seoul, retain Air Force, Navy schools

SEOUL -- The government is looking to relocate the Army academy out of Seoul while keeping the Navy and Air Force academies in place, sources said Wednesday, backtracking from its original plan to merge them into a unified military college.

The defense ministry recently briefed lawmakers on the plan to move the Korea Military Academy to the central-western region of Chungcheong, while retaining the Naval Academy in the southern coastal county of Jinhae and the Air Force Academy in the central provincial city of Cheongju, sources familiar with the matter said.

https://en.yna.co.kr/view/AEN20261111007800315

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■ N. Korea posts revised constitution online on propaganda website

SEOUL -- North Korea has reposted its full constitution on a state propaganda website, more than 2 1/2 years after taking the document offline following leader Kim Jong-un's declaration of a two hostile state policy.

The version posted on Naenara appears to be the text revised in March, which the outlet said was amended at the first session of the 15th Supreme People's Assembly on March 23.

https://en.yna.co.kr/view/AEN20261111007300315

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■ (LEAD) Memorial wall set up for fallen elite Ethiopian troops fighting in Korean War

SEOUL -- A memorial wall has been set up in Ethiopia to honor fallen members of an elite Ethiopian unit that won all of the 253 battles it engaged in during the 1950-53 Korean War, Seoul's veterans ministry said Wednesday.

An unveiling ceremony was held Wednesday (local time) at a cathedral in Addis Ababa for the memorial wall displaying the names of 122 Ethiopian troops who served under the Kagnew Battalion and died during the war, according to the ministry.

https://en.yna.co.kr/view/AEN20261111003351315

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■ Presidential office discusses rights protection for Korean adoptees overseas

SEOUL -- The presidential office held a meeting Wednesday to discuss measures to protect the rights of Koreans adopted overseas and address complaints raised by them.

Second Deputy National Security Adviser Lim Woong-soon presided over the gathering of the presidential task force on overseas Koreans, which focused on pan-government efforts to protect the rights of Korean adoptees, the presidential office said.

https://en.yna.co.kr/view/AEN20261111009600315
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