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Archive for February, 2007

Asia’s stock markets plunges

Wednesday, February 28th, 2007

China’s markets took the strongest hit as Shanghai’s index went down by 8.84% while Shenzhen (which is also part of China) went down by 8.54% yesterday.Dow Jones went down by almost 410+ points.

Medical Insurance

Tuesday, February 27th, 2007

Nowadays, most people are medically insured.If you are working, chances are your company provides you with an insurance policy.

CDS Account

Monday, February 26th, 2007

Well, a few days before the holidays, I went to one of the investment companies here to apply for a Central Depository System (CDS) account so that I can trade in the stock market.I also applied for access to the online system.
Well, my application was approved last week and few days after that, I received […]

Getting a car

Thursday, February 22nd, 2007

I’ve been thinking of getting a car sometimes in Dec or maybe early next year.Of course, I can’t afford to pay for the car in cash and will probably have to get a loan to finance the purchase.
So I’ve been asking around (it’s good to plan early) and I found out that you can refinance […]

Applying for Loans

Thursday, February 22nd, 2007

I was catching up with my relatives over Chinese New Year’s reunion dinner the other day and they told me that many financial institutions are now offering secured loan as it’s safer in a way.
It’s safer for the lender of course since the borrower has to provide collateral.I don’t know if I can get a […]

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