Corporate

Recovery in Asian markets

After opening weak, the Asian markets have rebounded into the green. The Hang Seng is now up 19 points at 21,9212. The Nikkei is trading flat at 10,105. The Shanghai Composite is up 61 points at 3,308. US markets end in the green The Taiwan Weighted has gained 24 points to 7,819, Seoul Composite has added 7 points at 1,664 and the Straits Times has put on 9 points at 2,809. _______________________________________________________ (Updated at 0818 am) Asian markets are in the red this morning. The Hang Seng has slumped 309 points (1.5%) to 21,592. The Nikkei has dropped 77 points to 10,031. The Shanghai Composite has shed 41 points (1.2%) at 3,206. The Taiwan Weighted has dropped 16 points to 7,779. The Seoul Composite and the Straits Times are flat at 1,647 and 2,795, respectively.


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Insurance: Kamesh Goyal
I pay an annual premium of Rs 12,000 on a unit-liked insurance plan (Ulip). An agent mis-sold me this policy three years back, but I continued with it. I will be completing the three-year lock-in period soon. Should I surrender this policy? When does it make sense to discontinue an Ulip?
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