Risk

Europe’s banks face ‘unprecedentedly high’ risk of shocks, ECB warns

[FRANKFURT] Eurozone banks must prepare for unprecedented shocks causing severe disruptions with far-reaching consequences for financial systems, the European Central Bank said on Tuesday (Nov 18) as it outlined its…

Overweight And At Risk: New US Visa Rules Could Turn Health Into A Bar To Entry

A fresh State Department directive instructing consular officers to consider chronic illnesses, including obesity, when deciding visa applications has provoked alarm among immigration experts and rights groups. The guidance, circulated…

Global AI at Risk? Former Google CEO Warns Free Chinese Models Could Dominate the World

Former Google Chief Executive Eric Schmidt sounded the alarm on a looming global AI imbalance, warning that an inexpensive, open-source Chinese AI model might become the standard for most countries.…

Garuda’s fleet growth at risk as Danantara trims funding

[JAKARTA] Indonesia’s sovereign wealth fund Danantara is reducing its financial support for flag carrier Garuda Indonesia, putting in doubt the distressed airline’s ability to refresh its fleet. Garuda will now…

Super Typhoon Uwan Makes Landfall: Aurora Hit By Extreme Winds, Puts Millions At Risk

The air is shattered by the sound of tearing metal and the fury of the sea. Super Typhoon Uwan, known internationally as Fung-wong, has officially made landfall over Dinalungan, Aurora,…

Impact of tariffs, trade restrictions not fully played out, but no systemic risk yet: OCBC

Bank has been able to navigate the uncertainty ‘quite well’, and still sees growth in sectors such as digital infrastructure, says deputy CEO [SINGAPORE] OCBC is still monitoring the impact…

Ehab Al Kuttub’s Insights on Crisis-Proofing Global Brands: Lessons in Digital and Reputational Risk Management

In today’s digital era, reputation can be gained or lost in seconds. A single tweet, an overlooked cultural nuance, or a delayed response can trigger a wave of public reaction.…

Texas Rep. Urges Trump Admin To Pressure Mexico into Making Water Payments: ‘At Risk Of Losing Our Citrus Industry’

A Republican lawmaker from Texas has asked the Trump administration to put further pressure on Mexico to make water payments owed to the U.S., warning that a key industry could…

US: Wall Street tumbles after big banks flag pullback risk

[NEW YORK] Wall Street’s main indexes tumbled on Tuesday (Nov 4) as investors questioned lofty tech valuations after the CEOs of top Wall Street banks warned of a stock market…

MAS looks to catalyse demand for alternative risk financing, strengthening Singapore’s insurance hub status

The central bank will also work with the industry to boost demand for insurance-linked securities in the Republic [SINGAPORE] The Monetary Authority of Singapore (MAS) has refreshed its insurance-linked security…

MAS to encourage a livelier capital market for alternative risk financing, strengthening Singapore’s insurance hub status

The central bank will extend its support to cover non-Apac risks and renewable energy products, while continuing to prioritise solutions that address the region’s needs [SINGAPORE] The Monetary Authority of…