PRESS DIGEST-Financial Times, Wall St Journal Asia editions
Source: Reuters
SINGAPORE, May 2 (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) -- China's rapidly worsening pollution is being driven by a surge in investment in energy-intensive heavy indÂustry caused by cut-throat competition among cities and provinces, according to a study released Tuesday. The study, by the Peterson Institute for International Economics in Washington, says the huge investment in steel, aluminium, cement and other plant has begun to reverse almost three decades of gains in energy efficiency. WALL STREET JOURNAL (www.wsj.com) -- South Korea's attempts to re-engineer its state-run institute for science and technology triggered a campus clash of ideas and ideologies -- illustrating some of the challenges facing the country as it adjusts to a tough new climate.
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