Wall Street Journal:
- Low-Interest Mortgages Are the Answer. Stop the decline in home prices, stop the crisis.
- Winners of the Credit Crunch.
CrunchGear:
Borsen:
- The investment arm of the Novo Nordisk Foundation Novo A/S plans to double investments in smaller biotechnology companies as the financial crisis sends the cost of takeovers down, citing Ulrik Sprok, managing partner at Novo A/S.
Caijing Magazine:
- The unemployment rate among China’s 140 million migrant workers may have risen to 7% as a cooling economy forces companies to slash jobs, citing a labor ministry official. More than 10 million farmers who had moved to cities to work had lost their jobs by the end of November, the official said. About 4.85 million migrant workers returned to their hometowns in 10 provinces across the nation by the end of last month, citing a labor ministry survey.
Xinhua News: