Top Asian News 10:14 a.m. GMT - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
November 12, 2022 Newswires
Share
Share
Post
Email

Top Asian News 10:14 a.m. GMT

Associated Press

Ukraine FM: Moscow playing 'hunger games' with world

PHNOM PENH, Cambodia (AP) — Ukraine's Foreign Minister Dmytro Kuleba pressed Southeast Asian countries for political and material support in his county's fight against Russia, while accusing Moscow on Saturday of playing “hunger games” with the world by holding up shipments of Ukrainian grain and other agricultural products. Kuleba told reporters on the sidelines of the Association of Southeast Asian Nations summit that with a deal allowing Ukraine to export grain and fertilizer due to expire Nov. 19, the world needed to pressure Russia not to object to its extension, saying Ukrainian products were critical in Africa and Asia. More than just continuing the deal, however, Kuleba accused Russian inspectors of “quiet sabotage," saying they were intentionally dragging their feet in allowing shipments through.

Biden working on ties with Southeast Asia in shadow of China

PHNOM PENH, Cambodia (AP) — President Joe Biden joined a conference of southeast Asian nations on Saturday, looking to emphasize the United States’ commitment in the region where a looming China is also working to expand its influence. Biden’s efforts at the Association of Southeast Asian Nations summit are meant to lay the groundwork for his highly anticipated meeting with Chinese President Xi Jinping — the first face-to-face encounter of Biden’s presidency with a leader whose nation the U.S. now considers its most potent economic and military rival. Biden and Xi will meet on Monday at the Group of 20 summit that brings together leaders from the world’s largest economies, which is held this year in Indonesia on the island of Bali.

China's Xi, out of COVID bubble, faces changed world at G-20

BEIJING (AP) — After a lengthy absence from major international gatherings, Chinese leader Xi Jinping is leaving his country's COVID-19 bubble and venturing abroad next week into a dramatically changed world marked by rising confrontation. Xi will attend the G-20 meeting of industrial and emerging market nations in Indonesia followed by the Asia-Pacific Economic Cooperation summit in Thailand. He will meet individually with other leaders, including U.S. President Joe Biden on Monday in their first in-person talks since Biden took office in January 2021. The Chinese leader has relied mainly on speeches by video to deliver China’s message at the U.N.

China tightens restrictions as rise in virus cases reported

BEIJING (AP) — Everyone in a district of 1.8 million people in China’s southern metropolis of Guangzhou was ordered to stay home for virus testing Saturday and a major city in the southwest closed schools as another rise in infections was reported. Nationwide, a total of 11,773 infections were reported over the previous 24 hours, including 10,351 people with no symptoms. China’s numbers are low, but the past week's increase is challenging a “zero-COVID” strategy that aims to isolate every infected person. The quarantine for travelers arriving in China is to be shortened to a minimum of five days from seven as part of changes in controls announced Friday to reduce their cost and disruption.

US to buy South Korean howitzer rounds to send to Ukraine

WASHINGTON (AP) — The U.S. will buy 100,000 rounds of howitzer artillery from South Korean manufacturers to provide to Ukraine, a U.S. official said Thursday, in a deal the two governments have been working on for some time. The agreement comes as Ukrainian leaders press for more weapons and aid to take advantage of a counteroffensive that is pushing Russian forces out of some areas they had taken over earlier in the war. And it relieves concerns within the U.S. military — particularly the Army and the Marine Corps — who are worried that persistent transfers of the Pentagon's howitzer ammunition to Ukraine are eating into their stockpiles.

Computer chip ban signals new era as Biden and Xi meet

WASHINGTON (AP) — The Biden administration's move to block exports of advanced computer chips to China is signaling a new phase in relations between the globe's two largest economies — one in which trade matters less than an increasingly heated competition to be the world’s leading technological and military power. The aggressive move, announced last month, will help set the tone for President Joe Biden’s upcoming meeting with Chinese President Xi Jinping on Monday on the sidelines of the Group of 20 summit in Asia. It's evidence of Biden's determination to “manage” the U.S. competition with China, whose officials were quick to condemn the export ban.

Biden says climate efforts 'more urgent than ever' at summit

SHARM EL-SHEIKH, Egypt (AP) — President Joe Biden, speaking Friday at an annual international summit on climate change, urged world leaders to “double down” on their resolve to fight global warming, saying Russia's invasion of Ukraine reinforces the need to phase out fossil fuels. “We can no longer plead ignorance to the consequences of our actions, or continue to repeat our mistakes,” Biden said. The president's brief attendance at the United Nations climate conference, known as COP27, was largely a victory lap as he emphasized new spending on clean energy initiatives that will “change the paradigm” for the United States and the rest of the world.

Japan minister quits over execution remark, PM delays trip

TOKYO (AP) — Japanese Prime Minister Fumio Kishida delayed his departure for three upcoming summits in Southeast Asia on Friday to sack and replace his justice minister, who was widely criticized over a remark he made about capital punishment. Justice Minister Yasuhiro Hanashi told reporters he submitted his resignation to Kishida on Friday, two days after he commented at a party meeting that his low-profile job only made the noon news when he used his “hanko” stamp to approve death penalties in the morning. The remark quickly sparked criticism from the opposition as well as within Kishida’s governing party, which is already mired in a controversy over its decades-long ties to the Unification Church, a South Korea-based religious group accused in Japan of improper recruitment and brainwashing of adherents into making huge donations.

Seoul court approves extradition of New Zealand suspect

SEOUL, South Korea (AP) — A South Korean court has approved the extradition of a 42-year-old woman facing murder charges in New Zealand over her possible connection to the bodies of two long-dead children found abandoned in suitcases in August. The Seoul High Court said Friday its decision came after the unidentified woman agreed in writing to be sent back to New Zealand. The court had previously planned to review her case on Monday to determine whether she should be extradited and now says that session is no longer necessary. With the court approving her extradition, it’s now up to South Korean Justice Minister Han Dong-hoon to make the final call on whether she’s sent to New Zealand.

Australia blames Russians for health insurance data theft

CANBERRA, Australia (AP) — Moscow must he held to account for Russian cybercriminals accused of hacking Australia’s largest health insurer and dumping customers’ personal medical records on the dark web, Australian officials said Friday. Australian Federal Police took the unusual step of attributing blame for the unsolved cybercrime that resulted in the personal data of 9.7 million current and former Medibank customers being stolen. A group of “loosely affiliated cybercriminals” operating like a business in Russia were likely responsible for the Medibank attack as well as other significant security breaches around the world, Australian Federal Police Commissioner Reece Kershaw said. “We believe we know which individuals are responsible, but I will not be naming them,” Kershaw told reporters.

Older

Top Asian News 9:24 a.m. GMT

Newer

Are alternatives to title insurance worth weighing?

Advisor News

  • Dutch gambling tax hike falls short as prediction markets eye World Cup
  • Caregiving: A challenge that costs employers billions
  • Could your practice benefit from an advisory board?
  • SEC nears settlement with accused scammer Tai Lopez
  • The 3 things that shrink your Social Security income
More Advisor News

Annuity News

  • Globe Life Inc. (NYSE: GL) Highlighted for Surprising Price Action
  • Trademark Application for “EMPOWER YOUR MONEY” Filed by Empower Annuity Insurance Company of America: Empower Annuity Insurance Company of America
  • Built-in guaranteed annuities: What advisors should know
  • Malibu Life Holdings Completes Acquisition of TruSpire, Establishing Malibu USA and Accelerating Entry into the U.S. Retail Annuity Market
  • Why job boards are failing insurance agencies
More Annuity News

Health/Employee Benefits News

  • They Harvest the Nation's Food, but a New Rule May Strip Them of Health Insurance
  • Colorado hospitals poised to receive $455 million Medicaid funding boost
  • State Health Plan brings back Blue Cross NC, approves Novant and UNC Health deals
  • Findings in Type 2 Diabetes Reported from Institute of Urban and Demographic Studies (Impact of Health Insurance Coverage on Diabetes Care Quality: A Systematic Review and Meta-analysis of Racial, Ethnic, and Gender Disparities in U.S. Adults …): Nutritional and Metabolic Diseases and Conditions – Type 2 Diabetes
  • Nassau University Medical Center Researchers Provide New Study Findings on Health and Medicine (Health insurance payor type and care deviations in patients with trauma with lower extremity fractures): Health and Medicine
More Health/Employee Benefits News

Life Insurance News

  • Could your practice benefit from an advisory board?
  • AM Best Revises Outlooks to Stable for Missouri Farm Bureau Group’s Members and Farm Bureau Life Insurance Company of Missouri
  • Globe Life Inc. (NYSE: GL) Highlighted for Surprising Price Action
  • AM Best Assigns Credit Ratings to China Ping An Insurance (Hong Kong) Company Limited
  • Reliance Matrix Expands Employee Navigator Integration with New Evidence of Insurability (EOI) API Enhancement
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet