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Philippines: Consumer sentiment weakens for first quarter of 2018

ByAPDwriterMeloM.AcuñaMANILA,Mar.26(APD)–TheBangkoSentralngPilipinasreportedtodaythatconsumerconfidenceweakenedthoughitremainedpositiveforthefirstquarterof2018.

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Philippines | Consumer sentiment weakens for first quarter of 2018

ByAPDwriterMeloM.AcuñaMANILA,Mar.26(APD)–TheBangkoSentralngPilipinasreportedtodaythatconsumerconfidenceweakenedthoughitremainedpositiveforthefirstquarterof2018.

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Trump tax plan for 'average Americans' mainly help richest 1%: study

DonaldTrump’s“once-in-a-lifetime”plantocuttaxesfor“averageAmericans”wouldmainlybenefittherichest1%anddeliveronlymodestcutsformostUShouseholds,accordingtoanindep

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Several suicides attributed to effects of drought in Sri Lanka

ByAPDWriterEaswaranCOLOMBO,Sept.19(APD)--SeveralsuicideshavebeendirectlyattributedtotheeffectsofthedroughtinSriLanka,theAsiaPacificDaily(APD)newsquotedtheUnited

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Rise of the affluent in China's smaller cities

Big metropolises like Beijing and Shanghai no longer rule the roost of economic opportunities in China, with smaller cities now racing ahead as their increasingly cashed-up residents drive the future of consumption in the country.

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1 pct of Chinese own one-third of national wealth: report

About one percent of Chinese households own one-third of the nation's wealth, raising concerns about income inequality in the world's most populous country, according to a study by Peking University.

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Former shantytown dwellers celebrate holiday in new homes

For Chen Zhiting and Zhang Yide, old miners who used to live in shanty housing near a half-abandoned coal mine, this year's National Day holiday marks a comfortable beginning of their retired lives.

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Australian household wealth suffers first decline since 2003

Australia's economic growth is "no guarantee of rising riches for Australian families," as the latest official data on average household wealth has broken a decade of expansion by going into reverse from 2009, local media reported on Thursday.

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S.Korean households prefer debt repayment to consumption: report

Households in South Korea preferred repaying debts to consumption, a central bank report showed Monday.