PRESS DIGEST-Financial Times, Wall St Journal Asia editions

SINGAPORE, Oct 29 (Reuters) - The Financial Times and the Wall Street Journal carried the following stories in their Asia print and/or Web site editions on Monday.

Reuters has not verified these stories and does not vouch for their accuracy.

FINANCIAL TIMES (www.ft.com)

- Most Chinese consumers say they trust domestic brands more than foreign ones, according to a McKinsey survey that amounts to a stark warning for multinational companies about nationalist sentiment in China's booming market.

- Hank Paulson, U.S. Treasury secretary, urged India to move ahead with implementing a historic civilian nuclear deal between the two countries, pressing the Indian government to face down leftwing opponents of an agreement. - Plans to redevelop Mumbai's decrepit airport to cope with surging traffic -- considered one of India's most urgent infrastructure projects -- could be held up by a 30 per cent rise in the estimated number of squatters on the site.

- Stan O'Neal was poised to step down as chief executive of Merrill Lynch (MER.N: Quote, Profile, Research, Stock Buzz), making him the biggest casualty of the recent credit market turmoil.

- Prospects for a sale of the Ford (F.N: Quote, Profile, Research, Stock Buzz) family's controlling stake in the troubled carmarker receded as it emerged that Henry Ford's heirs had patched up differences and agreed to wait for the outcome of a radical turnround plan.

- The likelihood of the Blackstone Group (BX.N: Quote, Profile, Research, Stock Buzz) abandoning an agreement to purchase a North American mortgage lender is growing, despite the private equity firm's reputation for never walking away from a deal, according to people familiar with the matter.

- Sony's (6758.T: Quote, Profile, Research, Stock Buzz) chief financial officer has admitted mistakes were made in its key television division which analysts fear could be further hit if U.S. consumers buy fewer large TVs during the end-of-year shopping season.