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Korean government to ease network separation rules for financial firms, allowing generative AI integration

The current network separation rules, established in 2013, require financial firms to maintain a physical separation between internal and external networks to ensure security. However, this regulation has increasingly been viewed as an impediment to the adoption of cutting-edge digital services, particularly as cloud computing and AI technologies have become more integral to business operations.

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South Korea commences construction of first large-scale CO2 carriers

The initiative is part of South Korea’s broader strategy to position itself as a leader in the global CCS market. By investing in the development of these specialized vessels, the country aims to support the international community's efforts to reduce greenhouse gas emissions and meet climate targets set by agreements such as the Paris Accord.