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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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Shanghai tops China's disposable income list

China'sfinancialhubShanghaioutperformedotherprovincial-levelregionsinpercapitadisposableincomelastyear,officialdatashowed.AveragepercapitadisposableincomeinShan

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1 in 9 people infected after gut surgery: study

Morethan12percentofpeoplewhohavegastrointestinalsurgerybecomeinfectedwithin30daysofgoingundertheknife,researcherssaidWednesdayinastudycovering66countries.Forlow

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World Bank says global wealth grows while inequality persists

Globalwealthgrewsignificantlyoverthepasttwodecadeswhilewealthinequalitypersists,alatestreportreleasedbytheWorldBankshowedonTuesday.Globalwealth,whichincludespro

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Philippines' Duterte signs tax reform pact into law

PhilippinePresidentRodrigoDutertesignedonTuesdaythetaxreformbillintolaw,callingittheadministration's"biggestChristmasgifttotheFilipinopeople."TheTaxReformforInc

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Report: Rich will get still richer unless policies change

Globalincomeinequalityhasworsenedoverthepastfourdecades,areportfinds,withthewealthiest1percentoftheworld'spopulationcapturingtwiceasmuchincomegrowthasthebottomh

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Inequality gap closing in China as rural income rises

OverthepastdecadeChina’sgrowthmodelhasyieldedsteadyprogressineconomicgrowthanddevelopment.WhilemostobserversagreethepaceoftransformationinChinahasbeenextraordin

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Individual income tax threshold must be raised to propel overall reform

ThestandingcommitteeoftheNationalPeople'sCongress,China'stoplegislature,recentlyreviewedthisyear'sbudgetenforcementreportbytheStateCouncil,thecountry'sCabinet,w

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Robots will not lead to fewer jobs, but hollow out of the middle class

Throughoutmodernhistorytherehasbeenarecurrentfearthatjobswillbedestroyedbytechnology.EverybodyknowsthestoryoftheLuddites,bandsofworkerswhosmashedupmachineryinth

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China steadily moves ahead in global innovation rankings: report

The first-ever middle-income country to join the world's top 25 innovative economies in 2016, China this year continues moving ahead on the list by three notches, displaying a strong performance in several indicators, according to the latest Global Innovation Index (GII) released on Thursday.

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Business & Economy Experts say South Africa's GDP not equal to economic reality

South Africa's economy has entered recession for the first time in eight years, official data showed on Tuesday, piling pressure on a government facing corruption allegations and credit downgrades.

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Experts say South Africa's GDP not equal to economic reality

SouthAfrica'seconomyhasenteredrecessionforthefirsttimeineightyears,officialdatashowedonTuesday,pilingpressureonagovernmentfacingcorruptionallegationsandcreditdo

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Can Asia take the next step to high income?

Today,morethan95percentofAsiansliveinmiddle-incomeeconomies,comparedtolessthan10percentintheearly1990s.Thisremarkableshiftwasdrivenbyrapideconomicgrowth,especia

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China expected to reach high-income status within decade: Morgan Stanley

China is on its way to becoming a high-income nation by 2027, and is unlikely to linger in the middle-income trap, U.S. investment bank Morgan Stanley said in a report issued on Feb. 15.

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There Are More Girls Living in Poverty Today Than in 2007

There are more girls in the U.S. living in poverty and low-income households now than were ten years ago, according to a new report released exclusively

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China's middle class to rise to more than third of population by 2030: research firm

Consumer spending expected to reach level currently seen in European Union, according to Economist Intelligence Unit