My friend, working as a stock market analyst for a leading Investment bank in China sent me these pictures. They were taken in a job fair held in China earlier this year. Its hard to believe that a country, which is the fastest growing economy in the world and who’s stock markets are making new highs every year, has its citizens desparately flocking to such job fairs. This suggests that, even though China may tip USA as the largest economy in the world, in a few years time, the standard of living of the citizens of China is still likely to be lower than most American and European countries.

Popularity: 100% [?]

Nasdaq has received commitment from two of the leading Banks in US, JPMorgan Chase and the Bank of America for funding $2.2 billion USD which will be used by NASDAQ to acquire Nordic market operator OMX. After acquiring OMX, NASDAQ is likely to focus on acquiring Philadelphia Stock Exchange for $652 million and the Boston Stock Exchange for $61 million. The OMX deal has been jointly struck by NASDAQ along with Borse Dubai for a cash consideration of USD 4.9 Billion.

Popularity: 42% [?]