PRESS DIGEST-Financial Times, Wall St Journal Asia editions
SINGAPORE, Dec 1 (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 and does not vouch for their accuracy.
FINANCIAL TIMES (www.ft.com)
-- Asif Ali Zardari, Pakistan's president, made an urgent appeal to India on Sunday not to punish his country for the terror unleashed on Mumbai last week, warning that militants had the power to precipitate a war in the region.
-- Japan's economy is unlikely to respond to a planned fiscal stimulus but will have to endure higher unemployment and possibly a return to deflation and shrinking output, according to Kaoru Yosano, economy minister.
-- Baidu (BIDU.O), China's largest Internet search engine, looks set to face a wave of legal challenges as a group of lawyers is organising a mass complaint against the company's business practices.
WALL STREET JOURNAL (www.wsj.com)
-- India's top security official resigned and tension with Pakistan escalated amid growing recriminations over who is to blame for the deadly 60-hour-long attack on India's commercial capital that ended Saturday.
-- Thailand's protracted political crisis is choking its economy and deeply scarring the country's image as a popular global tourist destination.
-- Chinese President Hu Jintao warned the global financial crisis is sapping China of its competitive advantage in trade and will test the government's ability to steer the country.
