financial products

Meiji Yasuda Life Insurance Co. noted that rising interest rates may prompt customers to shift into other financial products, leading to an industrywide increase in policy cancellations. The company is currently examining this potential trend, according to Deputy President Atsushi Nakamura.

Hong Kong's market regulator has stated that certain activities on an international brokerage firm's prediction market platform may be classified as 'financial products,' raising questions about their legality. Legal experts are divided on whether existing laws clearly distinguish prediction markets from illegal gambling.

A new crypto card introduces gamelike features to financial products, creating competition and instant gratification. This trend is increasingly seen in financial products, aiming to keep users engaged. The concept raises concerns about responsible spending.

A $40,000 deposit in a Certificate of Deposit (CD), high-yield savings account, or money market account will yield varying interest earnings depending on the account type. The article highlights significant differences in returns across these financial products.