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The finance industry is no longer where the jobs are

  Justin Fox In the spring and summer of 2007, as the first tremors of the coming financial earthquake were making themselves felt, just under 8.4 million people were working in the U.S. financial sector. This April, according to today’s employment report, that number was 8.25 million. That’s not much of a decline. Viewed in the context of the decades-long ...

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Vietnam positioning to impress ahead of Obama’s visit

  A widely anticipated trip by U.S. President Barack Obama to Vietnam later this month has raised expectations to unprecedented levels among the boffins in the politburo. Relations between the old Cold War foes have never been better, and that should be a concern to China. Ties struck a friendly peak last July when Vietnam’s Communist Party General Secretary Nguyen ...

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Saudi shakeup helps end gulf stocks’ worst streak in 2 mths

  BLOOMBERG Saudi Arabian stocks advanced as investors judged the government shakeup that ushered in a new central banker and oil minister would help the kingdom reduce its dependence on crude. Gulf stocks ended their longest losing streak in almost two months. The Tadawul All Share Index rose as much as 1.2 percent before closing 0.2 percent higher at 6,672.48 ...

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