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» Daily Briefing
05 June 2012
Publication Date : 05-06-2012
Markets across Asia register hefty falls as weak economic data from China and the US rattle investors, according to The Straits Times. With the economic growth slipping to nine-year low levels, India's prime minister says the country is facing 'difficult times', says The Statesman. South Korea and the US struggle to narrow their differences over a revision of a bilateral pact to allow Seoul to develop longer-range ballistic missiles, reports The Korea Herald. Three US 'diplomats' are detained in northwest Pakistan after a large cache of illegal arms were discovered from their vehicles, writes Dawn. Japan Prime Minister Yoshihiko Noda again reshuffles his Cabinet, this time removing censured ministers, says The Yomiuri Shimbun.