PRESS DIGEST-Financial Times, Wall St Journal Asia editions
SINGAPORE, April 7 (Reuters) - The Financial Times and the Wall Street Journal carried the following stories in their Asia print and/or Web site editions on Monday. Reuters has not verified these stories.
FINANCIAL TIMES (www.ft.com)
-- Government intervention at a global level is required to tackle the credit crisis, according to Dominique Strauss-Kahn, the head of the International Monetary Fund, who has warned that market turmoil will take a serious toll on world growth.
-- Wal-Mart (WMT.N: Quote, Profile, Research, Stock Buzz), the world's largest retailer, is to convene a meeting of hundreds of its Chinese suppliers to set out goals for significant reductions in the environmental impact of its vast supply chain.
-- Comparisons between the United States today and Japan in the 1990s are misleading and could lead to the wrong conclusions for economic policy, Richard Fisher, the president of the Federal Reserve Bank of Dallas, has told the Financial Times.
-- The UK is pushing the idea of a Japan-Europe trade agreement in which Japanese manufacturers would gain better access to European markets in return for liberalising its financial services, airline and pharmaceutical industries.
-- Japan's opposition party may prolong the government's agony over the central bank chief selection process this week by threatening to veto its likely nomination for deputy governor, the leader of the Democratic Party of Japan hinted on Sunday.
-- Nestle (NESN.VX: Quote, Profile, Research, Stock Buzz) has teamed up with Boost Juice, the chain of Australian juice bars, to attack Innocent Drinks' dominance of the smoothie market.
-- The Australian Securities Exchange (ASX.AX: Quote, Profile, Research, Stock Buzz) has come under fire from one of the country's most prominent business figures for having a conflict of interest thanks to its dual role as market operator and market regulator. Continued...



