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$152 Billion and Rising: New Report Shows Insurance Industry Facing Growing Average Annual Losses from Natural Catastrophes

$152 Billion and Rising: New Report Shows Insurance Industry Facing Growing Average Annual Losses from Natural Catastrophes

Modeled non-crop property & casualty losses rose 25 percent compared to 2024, with severe thunderstorms and other frequency perils accounting for two thirds of total potential losses, according to Verisk JERSEY CITY, N.J., Sept. 02, 2025 (Korea Bizwire) — Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, today revealed that the global [...]

CGTN: China’s Global Governance Initiative aims to inject greater stability into world governance

CGTN: China’s Global Governance Initiative aims to inject greater stability into world governance

CGTN published an article on Chinese President Xi Jinping’s proposal of the Global Governance Initiative at the “SCO Plus” Meeting. As the fourth major global initiative proposed by China, the article highlights the importance of the initiative and how it will guide the SCO in maintaining the post-World War II international order and enhancing the [...]

Global Religious Leaders Call for Peace and Support the Two-State Solution

Global Religious Leaders Call for Peace and Support the Two-State Solution

KUALA LUMPUR, Malaysia, Sept. 01, 2025 (Korea Bizwire) – The Second International Summit of Religious Leaders, themed “The Role of Religious Leaders in Resolving Conflicts”, brought together 400 global religious leaders and concluded on August 28, 2025, in Kuala Lumpur, organized by the Prime Minister’s Office of Malaysia and the Muslim World League (MWL). Participants [...]

Boehringer’s HERNEXEOS® approved in China as first oral targeted therapy for previously treated patients with HER2-mutant advanced NSCLC

Boehringer’s HERNEXEOS® approved in China as first oral targeted therapy for previously treated patients with HER2-mutant advanced NSCLC

This press release is not intended for UK and US media.  HERNEXEOS® (zongertinib tablets) has been approved based on an objective response rate of 71% (N=75), as demonstrated in the Beamion-LUNG 1 clinical trial1 Zongertinib recently received Breakthrough Therapy Designation for the first-line treatment of advanced HER2-mutant NSCLC by the Center for Drug Evaluation (CDE) Boehringer [...]

CGTN: President Xi highlights friendship, cooperation and multilateralism at SCO Summit

CGTN: President Xi highlights friendship, cooperation and multilateralism at SCO Summit

The Shanghai Cooperation Organization Summit 2025 is taking place in China’s port city of Tianjin. Since Saturday, Chinese President Xi Jinping has been holding bilateral meetings with visiting foreign leaders. CGTN published an article covering Xi’s talks, in which he highlighted the significance of friendship, cooperation and multilateralism in international relations and global governance. BEIJING, [...]

VCI Global’s CyberSecure Cloud Goes Live in Malaysia, Setting New Standard for Encrypted Data Protection

VCI Global’s CyberSecure Cloud Goes Live in Malaysia, Setting New Standard for Encrypted Data Protection

EAL4-Certified Platform Delivers Military-Grade Encryption, Automated Resilience, and Vault Storage up to 50TB KUALA LUMPUR, Malaysia, Aug. 29, 2025 (Korea Bizwire) – VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), a cross-sector platform builder integrating deep technology with financial architecture to enable sovereign-ready digital ecosystems, today announced the commercial go-live of its CyberSecure [...]

Crisis as Catalyst: How Some Businesses Transformed Pain into Power

Crisis as Catalyst: How Some Businesses Transformed Pain into Power

KUALA LUMPUR, Malaysia, Aug. 29, 2025 (Korea Bizwire) – What does it take to succeed in a business world defined by rapid change, digital breakthroughs, and growing sustainability pressures? For the winners of the 2025 Golden Bull Award organised by Business Media International, the answer is clear: vision, agility, and a drive to challenge the [...]

The Philippines Protects One of the Planet’s Most Biodiverse Marine Regions

The Philippines Protects One of the Planet’s Most Biodiverse Marine Regions

A Media Snippet accompanying this announcement is available by clicking on this link. Panaon Island declared a Protected Seascape, supporting marine life and coastal communities. MANILA, Philippines, Aug. 29, 2025 (Korea Bizwire) – Today, the Philippines officially declared the waters surrounding Panaon Island a Protected Seascape, preserving some of the most vibrant and biodiverse coral [...]

Monaco Classic Week Sets Sail with 160 Boats and a Touch of Cinema

Monaco Classic Week Sets Sail with 160 Boats and a Touch of Cinema

MONACO, Aug. 29, 2025 (Korea Bizwire) – From 10 to 13 September, the Principality will once again celebrate its maritime heritage as the 17th edition of Monaco Classic Week – La Belle Classe takes over the harbor. Organized by the Yacht Club de Monaco (YCM), the event brings together a spectacular fleet of around 160 [...]

CGTN: Flying Tigers’ legacy celebrated to nourish a lasting China-U.S. bond

CGTN: Flying Tigers’ legacy celebrated to nourish a lasting China-U.S. bond

CGTN published an article on China’s upcoming V-Day commemorations in Beijing. Through recounting the story of the American Flying Tigers’ assistance to China in its battle against Japanese invaders, the article highlights the contributions of those who supported China’s victory, underscoring the enduring spirit of mutual assistance during times of hardship. BEIJING, Aug. 28, 2025 [...]