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Insurance coverage for your pandemic needs
WITH Covid-19 cases still within four digits and some states including Selangor and Penang under the conditional movement control order, Prudential Assurance Malaysia Berhad and Prudential BSN Takaful (Prudential Malaysia) aim to provide assistance to its customers who have medical plans with general exclusion on communicable diseases that require quarantine by law (pandemic exclusion).
Insight - Relax and learn to love the stocks bubble
They can be socially useful – just as long as the bankers are kept out
Insurance firms expand virus coverage
PETALING JAYA: Insurance companies are setting aside more funds to expand special plans related to the Covid-19 pandemic, including covering any adverse reaction from vaccination.
Stock market momentum slowdown gets no sympathy from the Fed
LAST summer as the Faang block was tightening its strangle-hold on equities, a theory was hatched that the only thing that could ever halt the rally in megacap tech would be evidence the economy is healing.
Aussie pension assets at a high
SYDNEY: Australia’s pension pot exceeded A$3 trillion (US$2.3 trillion) in assets in December, aided by the rebound in global stocks as tech shares rallied and Covid-19 vaccines were rolled out.
Aussie’s BoQ bulks up with US$1.1bil ME Bank purchase
SYDNEY: Bank of Queensland Ltd (BoQ) will buy ME Bank, a digital lender owned by 26 industry pension funds, for A$1.33bil (US$1.05bil), the pair said, as the second-tier lender chips away at the lead of Australia’s “Big Four” banks.
Stimulus hopes drive Dow to record closing but interest rate worries loom
NEW YORK: The Dow Jones Industrial Average notched a record closing high on Tuesday as cyclical sectors gained on the prospect of more fiscal aid to lift the U.S. economy from a coronavirus-driven slump
Prudential CEO mulls shrinking ‘low growth’ businesses
NEW YORK: Prudential Financial Inc, which has already halted sales of some variable annuities, said that it will also consider scaling back its individual life insurance and other “market sensitive, low growth” businesses.
S&P 500 posts biggest gain since Nov. 24, led by gains in tech shares
NEW YORK: The S&P 500 registered its biggest daily percentage gain since Nov. 24 on Monday after a steep sell-off last week, and technology-related shares led the advance, while a move by retail traders into silver drove up mining shares.
British stocks down 1.82 pct Friday
LONDON, Jan. 29 (Xinhua) -- British stocks decreased on Friday, with the benchmark FTSE 100 Index down by 1.82 percent, or 118.69 points, to close at 6,407.46 points.
