archiveChief Risk Officer Insider

Wages for Japanese workers in their 40s and 50s rose slightly in the second quarter, providing a much-needed boost for the so-called "lost generation"—those who entered the workforce during the hiring freeze of the 1990s and 2000s and have faced stagnant pay for decades. This wage increase is crucial for...

Skyscanner recently collaborated with OnePoll to survey adults who are planning or have already experienced their weddings. The goal was to uncover key preferences and trends for weddings, especially those held in exotic locations, along with associated events like honeymoons and pre-wedding celebrations. The survey included 6,000 participants aged 18...

Australia has taken a significant step toward becoming a global leader in renewable energy with the approval of a monumental solar and battery farm in the country's remote north. The project, spearheaded by SunCable and valued at $24 billion, has been touted as the largest solar precinct ever conceived, aimed...

On August 22, 2024, AWS, a subsidiary of Amazon.com Inc., announced the launch of its AWS Asia Pacific (Malaysia) Region. The company plans to invest approximately US$6.2 billion in Malaysia through 2038. This investment is aimed at providing developers, startups, entrepreneurs, enterprises, and various organizations—including government, education, and non-profits—more options...

In today’s business world, where every leader is racing to outmaneuver the competition, a seismic shift is happening. AI and Generative AI (GenAI) aren’t just making waves—they’re rewriting the entire playbook. CEOs are waking up to the fact that marketing isn’t just about crafting catchy slogans or making things look...

Facing ongoing challenges, Victoria’s Secret has made a strategic move by appointing Hillary Super, the former CEO of rival lingerie brand Savage X Fenty, as its new chief executive. The announcement, made on August 14, indicated that Super would replace Martin Waters, who stepped down from his role as CEO...

Nearly two years after the release of ChatGPT by OpenAI, which played a significant role in launching the generative AI revolution, public sentiment toward this technology has begun to crystallize. The initial excitement that saw consumers flocking to use ChatGPT has given way to a more measured perspective as the...

LendingPoint, a US-based online lender specializing in direct-to-consumer loans, has appointed Shawn Stone as its new CEO and board member. Stone succeeds Mark Lorimer, who had been serving as interim CEO following the departure of co-founder and former CEO Tom Burnside in December. LendingPoint, founded in 2014 and headquartered in...

Recent figures from the Central Bank of Malta reveal a striking increase in wealth disparity across the country, with the richest 10% now controlling a staggering 90% of Malta's business wealth. According to data from the European Central Bank’s Distributional Wealth Accounts (DWA), the wealthiest 10% in Malta holds $51.4...

The 2024 Summer Olympics in Paris officially came to a close on Sunday with a Closing Ceremony that followed a final day of competition, highlighted by Team USA's gold medal victory in women's basketball. The United States dominated the overall medal tally at the Paris Olympics, securing 126 medals and...