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So should you buy travel health insurance? Probably. Hopefully you will never need it, but you will have to make a personal decision about whether you are willing to take a chance to save a couple hundred dollars or less. Your destination and the nature of your trip should be considered when making a decision. For example, an authentic African safari or wilderness white water rafting trip has a higher probably of medical implications than a seniors’ train tour, but life isn’t predictable. Assess your risk, financial capability to handle possible emergencies and your comfort level, and work from there.
In India, Credit Card Terms Prompt Indignation (New York Times)
Local and foreign banks are aggressively peddling credit card accounts in India, but converting Indian consumers to plastic has proved more difficult than expected.
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HSBC, Australian Banks Up Vietnam Stakes (AP via Yahoo! Finance)
HSBC will spend $33.7 million to raise its stake in Vietnam Technological and Commercial Joint Stock Bank, or Techcombank, to 15 percent, a spokeswoman for the British bank said Monday.
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ANZ Bank Buys 10 Percent Stake in Saigon Securities (Update5) (Bloomberg.com)
July 9 (Bloomberg) -- Australia & New Zealand Banking Group Ltd., Australia's third-largest lender, bought 10 percent of Vietnam's Saigon Securities Inc., joining HSBC Holdings Plc and Deutsche Bank AG in investing in the Southeast Asian nation.
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ANZ Bank Buys 10 Percent Stake in Saigon Securities (Update2) (Bloomberg.com)
July 9 (Bloomberg) -- Australia & New Zealand Banking Group Ltd., Australia's third-largest lender, bought 10 percent of Vietnam's Saigon Securities Inc., joining HSBC Holdings Plc and Shinhan Bank in investing in the Southeast Asian nation.
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Banks bid for green credentials (BBC News)
UK banks are increasingly looking at portraying themselves as environmentally friendly.
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ANZ Bank buys stake in Saigon Securities (International Herald Tribune)
ANZ will pay $88 million for the stake, the Melbourne-based bank said Monday.
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HSBC to launch ‘green’ campaign (Mad.co.uk)
The world’s local bank HSBC is launching a new advertising campaign to promote its new ‘green’ accounts in an attempt to compete with high street rival Barclay’s and its environmentally friendly credit card.
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Credit cards get a hostile reception in India (International Herald Tribune)
An organized backlash over rates, fees and service is developing within the country's fast-growing middle class.
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Barclaycard launches 'green' credit card (Guardian Unlimited)
Barclaycard today launched its long-awaited 'green' credit card to mixed reactions from financial experts. Barclaycard has promised to donate half of the profits from the new Breathe card to efforts to reverse climate change.
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Tate & Lyle, Mitchells & Butlers: U.K., Irish Equity Preview (Bloomberg.com)
July 9 (Bloomberg) -- The following stocks may rise or fall in U.K. and Irish markets today. Stock symbols are in parentheses and prices are from the market close on July 6.
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Travel insurance often covers 'predictable' travel mishaps, such as illness, injury and loss of baggage, as well as flight cancellations and curtailments. Yet many people are unaware of the fact that most travel insurance plans are governed by a myriad of 'small print' terms: that is, travel insurance often doesn't cover every aspect of travel.
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