PRESS DIGEST-Financial Times, Wall St Journal Asia editions

SINGAPORE Aug 1 (Reuters) - The Financial Times and the Wall Street Journal carried the following stories in their Asia print and/or website editions on Friday. Reuters has not verified these stories and does not vouch for their accuracy.

FINANCIAL TIMES (www.ft.com)

-- Beijing on Thursday unveiled emergency plans to ban 90 percent of cars from the capital's roads and close more than 100 factories if "extremely unfavourable atmospheric conditions" look likely to push air pollution to hazardous levels.

-- BrisConnections BCSCA.AX, which won a tender to operate an airport toll road in Brisbane, saw its share price sink nearly 60 percent on its first day of dealing.

WALL STREET JOURNAL (www.wsj.com)

-- IMG Worldwide formed a partnership with state-run CCTV to step up commericalisation of sports in China. The exclusive 20-year pact gives the U.S. sports marketing powerhouse the right to develop new sports events in one of the world's faster-growing markets for televised sports.

-- Chinese authorities will close more than 200 factories near Beijing and restrict traffic in four surrounding cities if its skies don't clear in time for the Olympics, a tacit admission that its anti-pollution policies haven't gone far enough.

-- Taipei will let Chinese investors place funds in the island's stock and futures markets, in Taiwan's latest bid to expand mainland business ties.

-- Hynix (000660.KS) posted a loss of $698 million, its third straight quarterly loss, on slowing chip sales and charges linked to its U.S. plant closure.

-- Japanese banks Mizuho (8411.T) and SMFG reported lacklustre quarterly results, hurt by weak performance in their fee and commission businesses amid unfavourable market conditions. Aozora Bank's (8304.T) net profit fell 75 percent, rocked by turbulent global markets.

-- Reliance Communications Ltd. (RLCM.BO) said its net profit rose 24 percent from the year earlier's fiscal first quarter, though growth from the previous three months was hurt by higher-than-expected falls in key operational indicators such as the average revenue per user and minutes of usage.