SEOUL, May 27 (Korea Bizwire) – South Korea’s main bourse on Friday said it will introduce a “kill switch” and other safety measures in its program trading platform next month to prevent investors from suffering losses from trading errors. A kill switch, also known as an emergency stop or e-stop, is a safety mechanism designed to [...]
SEOUL, May 19 (Korea Bizwire) – South Korean and U.S. officials gathered here Thursday to discuss cooperation in the cybersecurity sector as both countries are experiencing an increase in online trade. The seminar brought together about 100 government, business and academic participants from the two sides to discuss trends in cybersecurity in critical infrastructure sectors, [...]
SEJONG, May 11 (Korea Bizwire) – The Korea Customs Service (KCS) is reinforcing its crackdown on directly imported goods, with unsanitary food as its main target. The practice of purchasing foreign products (also known as overseas direct purchasing) through e-commerce websites such as Amazon has become commonplace among Koreans over the past few years. The KCS [...]