This is a roundup of financial news which relate closely to personal finance investment. Click on the title will bring you to the full story.1st News:Bank Negara to further relax foreign exchange admin rules However, the investment in foreign currency assets by conventional funds managed by the unit trust and fund management companies continues to be subject to the existing thresholds of 50% of the NAV and the total funds attributable to resident clients with domestic ringgit borrowing.2nd News: OSK bullish on market outlook UOB-OSK Asset Management is positive ...

Knight Kiplinger is editor in chief of Kiplinger's Personal Finance magazine, Kiplinger.com and the Kiplinger Letter, America's leading business-forecasting publication. He pointed out that recession is possible for certain industry such as real estate and automobile. But in other industries, especially manufacturing is doing pretty well. Watch the video below for full story. (to Feed Reader: There is a video embedded in this post which is not shown in the feed.)

This is an insurance joke I read from Life's Happenings. I don't know if it is the blog author, Johny Ong who created it. The husband of a pregnant wife was thinking of buying insurance for his unborn baby. So he asked Great Eastern and the agent said, "Don't worry man, we'll provide insurance right from the basket to the casket".The man was impressed but thought that he should probably seek another opinion. He then approached Prudential. The agent replied, "Oh, we have a new insurance policy which can protect ...