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The number of people borrowing from their retirement-savings plans reached a 10-year high in the second quarter, according to Fidelity Investments, as Americans grappled with slowing economic growth.

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Banks bad loans ratio improves anew

For the twenty-first consecutive month, the bad loans ratio of the countrys big banks improved anew and stayed below four percent, Bangko Sentral ng Pilipinas (BSP) said.