The grounding of an ultra large container ship - the Ever Given - in the Suez Canal brought traffic on the central shipping route between Europe and Asia to a standstill, with the potential to create more than $40bn dollars of trade disruption.
The Monetary Authority of Singapore (MAS) has revised its Technology Risk Management Guidelines to keep pace with emerging technologies and shifts in the cyber threat landscape.
The Covid-19 crisis will trigger a major acceleration in business insolvencies due to both the suddenness and historic size of the economic shock and its expected lasting effects, according to a study by Euler Hermes, one of the world's largest credit insurer.
Economic slowdown and volatile market conditions have led to the lowest levels of global risk readiness in 12 years, impacting the C-suite's ability to manage volatility and maximise performance, according to findings from Aon's 2019 Global Risk Management Survey.
The International Monetary Fund (IMF) has called on Asian economies to learn from Japan's experience and act early to cope with rapidly ageing populations, warning that parts of the region risk "getting old before becoming rich."
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