SINGAPORE (Dec 17): 2018 has been a year of disruption, though not just in terms of new technologies replacing traditional methods or innovative start-ups displacing outmoded business models.

At one level, the financial markets have seen a good amount of ups and downs. By the middle of the year, 2018 was shaping up to be the most volatile year for global markets since 2008. Company share prices have fluctuated in the wake of news flow that was not even strictly corporate; geopolitical-risk events have prompted investors to reassess the value of their holdings. On the other hand, corporate events have also turned political: Huawei Technologies’ expansion plans are apparently not sitting well with Western governments, and there seem to have been tit-for-tat arrests between China and Canada.

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