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PRESS DIGEST-Financial Times, Wall St Journal Asia editions

Wed Sep 17, 2008 6:30am IST
 
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SINGAPORE, Sept 17 (Reuters) - The Financial Times and the Wall Street Journal carried the following stories in their Asia print and/or Web site editions on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy.

FINANCIAL TIMES (www.ft.com)

-- U.S. authorities were considering rescuing AIG (AIG.N: Quote, Profile, Research) with a loan of up to $100 billion, in an effort to prevent a collapse of the troubled insurer that would send shockwaves through the global financial system

-- The Federal Reserve kept interest rates unchanged at 2.0 percent on Tuesday despite the turmoil convulsing global markets

-- Barclays (BARC.L: Quote, Profile, Research) agreed to buy Lehman Brothers North American investment banking platform for slightly less than $2 billion, as a first step in a potential series of deals aimed at reassembling Lehman's banking operations in various countries.

WALL STREET JOURNAL (www.wsj.com)

-- In the face of slumping stock markets, continued weakness in U.S. auto sales and concern over the viability of Detroit's Big Three car makers, Toyota Motor Corp. (7203.T: Quote, Profile, Research) expects to make money in its North America business this fiscal year, Jim Lentz, president of Toyota Motor Sales, said in an interview

-- Samsung (005930.KS: Quote, Profile, Research) made public an offer to buy SanDisk (SNDK.O: Quote, Profile, Research) for $5.8 billion in cash after it said four months of talks failed to produce an agreement

-- General Motors GM.N lowered its outlook for growth in China's auto market this year as weaker Chinese stocks and higher fuel prices curb demand

Pigeons fly in front of Taj Mahal hotel in Mumbai November 26, 2009. Mumbai's police paraded past some of the city's landmarks in a show of strength as India's financial hub marked the first anniversary of militant raids that killed 166 people and ratched up tensions with Pakistan. The hotel was one of the sites of the attacks. REUTERS/Arko Datta
One Year Later

Mumbai held tearful memorials and police staged a show of strength as it marked the first anniversary of militant raids that killed 166 people and ratcheted up tensions with Pakistan.  Slideshow | Full Coverage 

A supporter of Bharatiya Janata Party (BJP) holds a picture of BJP leader Lal Krishna Advani during an election campaign rally in Balasinor, about 90 km (56 miles) east of Ahmedabad, April 14, 2009. REUTERS/Amit Dave
Liberhan Commission Report

The government published a long awaited report, recently leaked, accusing BJP leaders of a role in the 1992 destruction of the Babri mosque in Ayodhya.  Full Article 

Thierry Henry's handball scandal

Barcelona's Thierry Henry takes part in a training session at Nou Camp Stadium in Barcelona, November 23, 2009. Barcelona and Inter Milan will play their soccer Champions League match on Tuesday. REUTERS/Albert Gea
FIFA to hold meeting

FIFA to hold an extraordinary meeting before World Cup draw to discuss Thierry Henry's handball in the qualifiers and discovery of match-fixing ring by German police.  Full Article