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PRESS DIGEST-Financial Times, Wall St Journal Asia editions

Sun Apr 13, 2008 10:06pm EDT
 
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SINGAPORE, April 14 (Reuters) - The Financial Times and the Wall Street Journal carried the following stories in their Asia print and/or Web site editions on Friday. Reuters has not verified these stories and does not vouch for their accuracy.

FINANCIAL TIMES (www.ft.com)

-- Taiwan and China are expected to move quickly to begin a new round of dialogue and economic co-operation after leaders set a surprisingly concrete agenda for talks in a landmark bilateral meeting in China at the weekend.

Hu Jintao, China's president, said Beijing would continue to push talks on allowing cross-Strait charter flights.

-- South Korea's new president, Lee Myung-bak, will make his first overseas trips to the US and Japan this week, hoping to strengthen alliances with allies that have weakened under his liberal predecessor.

-- Dubai International Capital and Hong Kong's First Eastern Investment Group are establishing a $1 billion fund to invest in Chinese companies seeking to both do business in the Gulf region and to list in the emirate.

-- India has overtaken Japan as the largest Asia-Pacific market by sales for U.S. group Turner, part of Time Warner (TWX.N: Quote, Profile, Research, Stock Buzz) underlining the growing importance of the subcontinent to entertainment conglomerates.

WALL STREET JOURNAL (www.wsj.com)

-- Samsung Group's Chairman Lee Kun-hee , said on Friday he will take "all moral and legal responsibility" for any wrongdoing concerning a corruption case at South Korea's biggest conglomerate.  Continued...

 

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