Singaporeans invest less after financial meltdown

Xinhua, 21 Jul 2009
SINGAPORE, July 21 (Xinhua) -- More than half of high-income earners in Singapore are saving more and investing less after the financial crisis struck, local media reported on Tuesday.
According to TV broadcaster Channel NewsAsia, a poll by Nielson Company showed that before the crisis, close to 39 percent from the high-income group saved most of their money.
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