UPDATE 1- PRESS DIGEST-Financial Times, WSJ Asia editions

(Adds fresh stories)

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)

- Xstrata (XTA.L: Quote, Profile, Research, Stock Buzz), the mining group, has made a recommended A$3.1bn (US$2.9bn) cash takeover offer for Australia's Jubilee Mines as part of efforts to expand its global supplies of nickel.

- Crude oil prices appear increasingly likely to hit the real terms record, reached during the second oil crisis in 1979, as nominal prices soar above $90 a barrel.

- 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.

- The head of General Electric (GE.N: Quote, Profile, Research, Stock Buzz), the world's biggest industrial conglomerate, says a slowdown in the U.S. economy is unlikely to be a problem for the company because of the strength of emerging economies such as China and India.

- 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. - 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.