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  • Tighter security for online shopping sought

    They require banks to provide consumers with the means to key in a non-reusable password to authenticate an online purchase more securely...

    The rise in online fraud prompted the guidelines to avoid a gap until the mandatory rules come into effect, Goffinet said...

  • Five reasons why Pakistanis avoid online shopping

    However, in spite of its global appeal and massive growth, this sector is not emerging as a large industry player in Pakistan...

    As every market and its participants have unique characteristics, there are several economic, social and cultural reasons behind the slow growth and less acceptance of e-commerce businesses here...

  • FIA directed to probe ‘phoney’ online shopping sites

    GUJRAT: The district consumer protection court has asked the Federal Investigation Agency Karachi director (cyber crime) to launch an investigation into those fraudulent companies that have been fleecing the people in the name of online shopping...

    The court has issued directions to the FIA in a case filed by a citizen against an online company for allegedly committing fraud with him...

  • Online shopping surges but customers wary

    KARACHI: Online shopping is growing at a rapid clip thanks to wider Internet access, ubiquitous smartphones and frantic discounts...

    Optimism runs so high that one stakeholder believes “the actual shopping would only happen online in the next three years and malls would only be there for leisure”...

  • Online shopping takes a hit in Malaysia

    Malaysian online shoppers are turning to local sites as the weaker ringgit has made shopping on foreign sites much more expensive...

    Local online retailer Lazada Malaysia said the drop in the ringgit’s value has not really affected sales on its site...

  • Online shopping sites place big bets on Black Friday

    KARACHI: This year will be the second time Web merchants in Pakistan will ramp up crazy deals on Black Friday and entice consumers to open their wallets a bit wider...

    The foreign concept of going on a shopping splurge following the Thanksgiving holiday came home last year thanks to aggressive advertising and heavy discounts by shopping sites...

  • Samsung Electronics CEO resigns, even as record profits expected

    The CEO of Samsung Electronics Kwon Oh-Hyun resigned Friday, saying the South Korean tech giant was facing an “unprecedented crisis”, even as it expected profits to hit an all-time high in the third quarter...

    “The results are good ones that largely meet market expectations”, Kwon Sung-Ryul of Dongbu Securities told AFP...

  • Samsung Electronics says Galaxy S8 pre-orders exceeded S7

    Pre-orders for Samsung Electronics Co Ltd's flagship Galaxy S8 smartphone have exceeded those of its predecessor S7, mobile business chief Koh Dong-jin said on Thursday, suggesting many consumers were unfazed by last year's Galaxy Note 7 fires...

    Analysts expect Samsung to record its best-ever quarterly profit in April-June, buoyed by strong S8 sales and a memory chip market boom that is widely expected to deliver record revenue for...

  • LG Electronics sells mosquito-repelling TV in India

    SEOUL: The Indian arm of South Korea's LG Electronics Inc has begun selling a TV with a feature that it says repels mosquitoes, which can spread diseases such as malaria, Zika and dengue...

    Kim Sang-yeol, an LG Electronics official, said there are no plans for now to market it elsewhere...

  • Gadgets get smarter, friendlier at electronics show

    SAN FRANCISCO: From drones, cars and robots to jewellery, appliances and TVs, the new technology on display at the 2016 Consumer Electronics Show promises to be smarter and friendlier than ever...

    Televisions will play starring roles at the show as usual, with giants such as Samsung, Sony, LG and Vizio among contenders in a market rapidly shifting to ultra-high definition...

  • S. Korean Samsung Electronics to consider split: report

    South Korea's Samsung Electronics Co Ltd will consider splitting itself into two as proposed by United States activist hedge fund Elliott Management, Seoul Economic Daily reported on Monday citing an unnamed source...

    The hedge fund wants Samsung Electronics to divide into a holding vehicle for ownership purposes and an operating company, pay a $26 billion special dividend, pledge to return at least 75 per cent of free cash flow to...

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