The havoc wreaked by the unwinding of yen carry trades in 2008 in financial markets may be a distant memory for some of us in the wake of the current rally in global equity markets.
However, it is a scene that could be replayed some time down the road and this is not good news for a recovering global economy. Only this time, the currency with the starring role is the US dollar.
Prudential BSN Takaful (PruBSN), introduced its latest medical plan, Takaful Health. It is the first for the Takaful industry in Malaysia that comes with annual No Claim Bonus (NCB). PruBSN is a joint venture company between Bank Simpanan Nasional (BSN) and Prudential PLC (Prudential).
Takaful Health provides comprehensive hospital and medical coverage until the age of 80. This new plan also has the highest lifetime claims limit in the industry, at 10 times the annual limit of the plan chosen.
In conjunction with first year anniversary for Max InvestSave, CIMB is having a special promotion which will ends on the 31st December 2009.
For those who are not familiar with Max InvestSave investment, you can find more information in CIMB Max InvestSave Investment Funds.
There are 4 different promotions going on concurrently. They are;
What is the real value of gold? Gold has industrial uses, especially in the electronics industry where it is used for electrical wiring due to its high conductivity. However, close to two-thirds of its demand is for jewellery, particularly in India and China.
Increasingly, it is being used again as a store of wealth as investors lose confidence in paper money, hedge against inflation or worry about economic and political turmoils. Other than buying physical gold, investors can invest in gold exchange traded funds (ETFs). SPDR Gold Trust, the largest gold ETF with a market capitalisation of over US$41bil, holds over 1,100 tonnes of gold.
Subsequent to the launch of a number of put warrants by AmInvestment Bank and OSK Investment Bank Bhd recently, much was said about structured warrants. This article will attempt to provide more insight into the product itself and its potential in Malaysia.
Calls give you the right to buy a share for a determined price (called the strike price) at a determined date. For example, a call warrant may give you the right to buy one share in ABC for RM1 on June 18, 2010 (that RMI figure is the strike price).