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...HSBC recently conducted a survey on saving and spending patterns among the middle class in six Asian cities: Hong Kong, Kuala Lumpur, Shanghai, Seoul, Taipei and Tokyo. Surprisingly, it was Shanghai's middle class that stood out as having the highest propensity to spend. Nearly three out of four Shanghainese who answered the survey said they agreed with the statement that "people nowadays will choose a balanced spending and saving mode rather than sacrificing to save." Of this group, 47% said they saved only what was left at the end of the month; almost one out of three said they...

Author: /time Magazine | Title: Raiding the Piggy Bank | 2/22/2007 | See Source »

...slopes proved to be a challenging endeavor. “It was like a minefield trying to make it down,” senior Katie Connors said. “It was pretty intense, but everyone made it down pretty fast.” Junior Alexandra Teng placed highest for Harvard in both the women’s slalom and giant slalom. Teng’s time of 2:12.41 put her in 39th for the slalom, while she earned 46th with a time of 2:17.40 in the giant slalom. On the men’s side, junior Matthew...

Author: By Vincent R. Oletu, CRIMSON STAFF WRITER | Title: For First Time Since 2005, Skiing Takes 10th Place | 2/20/2007 | See Source »

...liberal leadership. One conservative website described his recent remarks about an Italian euthanasia case as "another subversive blow." L'Espresso's veteran Vatican correspondent Sandro Magister, a supporter of the Pope's clear doctrinal lines, acknowledged Martini's continued weight. His dissent on moral issues, Magister wrote, "pits the highest leaders of the worldwide Church against each other with conflicting positions...

Author: /time Magazine | Title: The Pope's Progressive Challenger | 2/20/2007 | See Source »

...scalding 59.3 percent in the first half, Yale improved in the second, converting on two thirds of its attempts after halftime—16-of-24 from the floor—while limiting the Crimson to 10-of-30 shooting. For the game, the Bulldogs shot 62.7 percent, the highest mark that Harvard has allowed all season, raising the Crimson’s field goal percentage defense in league play to .499, worst in the Ivy League...

Author: By Caleb W. Peiffer, CRIMSON STAFF WRITER | Title: Yale Pulls Away From Crimson | 2/19/2007 | See Source »

...reauthorization of the Higher Education Act is one of my highest priorities for the new session of Congress,” Kennedy wrote in his letter to the schools. “I plan to do all I can to enact worthwhile and bipartisan legislation in the coming months...

Author: By Kristina R. Yee, CONTRIBUTING WRITER | Title: Kennedy Proposes Higher Aid | 2/16/2007 | See Source »

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