Risks
Indonesia’s bonds hit hardest in Asia as state debt risks grow
INDONESIA state-run power utility’s dollar bonds have suffered the most in Asia over the past two weeks due to rising concerns about the nation’s debt. This has pressured local...
US imposes sanctions on Russia’s AO Kaspersky Lab executives over cyber risks
THE United States slapped sanctions on 12 people in senior leadership roles at AO Kaspersky Lab on Friday (Jun 21), citing cybersecurity risks a day after the Biden administration...
Singapore flags corporate service providers, real estate among non-bank money laundering risks
CORPORATE service providers, real estate, casinos as well as precious stones and metals are among the non-banking sectors that pose higher money laundering risks to Singapore, indicated the updated...
Justin Timberlake Arrested for DWI in Wealthy Hamptons Enclave Sag Harbor as He Risks NY Driver’s License Getting Suspended
Justin Timberlake was arrested for allegedly driving under the influence in the Hamptons early Tuesday morning. The 43-year-old "SexyBack" singer was pulled over in Sag Harbor, Long Island, just...
China securities regulator vows to strengthen oversight, resolve risks
CHINA’S securities regulator said on Tuesday (Jun 18) it will strengthen regulation of all financial activities and prevent and resolve risks, in a move to improve and reform financial...
Asia: Stocks drop on worries over global risks
Asian stocks fell as concern over France’s political crisis stoked anxiety in global markets, while traders awaited policy decisions from major central banks due this week.Equity benchmarks in Japan...
Fed’s Mester sees inflation risks to upside despite better data
Federal Reserve Bank of Cleveland President Loretta Mester said she still sees inflation risks as tilted to the upside despite welcome news in the latest data.Mester, speaking in print...
Banks say growing reliance on Big Tech for AI carries new risks
THE boom in artificial intelligence will increase banks’ dependence on big US tech firms, creating new risks for the industry, European banking executives said.
Excitement around using artificial intelligence (AI)...