PRESS DIGEST-Financial Times, Wall St Journal Asia editions

SINGAPORE Nov 7 (Reuters) - The Financial Times and the Wall Street Journal carried the following stories in their Asia print and/or Web site editions on Friday. Reuters has not verified these stories and does not vouch for their accuracy.

FINANCIAL TIMES (www.ft.com)

-- Interest rates were slashed across Europe on Thursday as the continent's central bankers decided the outlook for their economies had taken a decisive turn for the worse.

-- Toyota Motor (7203.T) reported a second-quarter 69 percent plunge in its net profits on Thursday and warned it would barely make money in the second half owing to falling U.S. and European vehicle sales and a debilitating surge in the yen.

-- Las Vegas Sands (LVS.N) shares fell more than 40 per cent on Thursday after the casino operator warned that it risked defaulting on its debt, raising doubts about its ability to continue operating as a going concern.

-- The Federal Bureau of Investigation warned Barack Obama's and John McCain's campaign teams that their computer networks had been hacked into by a foreign organisation during the presidential contest.

WALL STREET JOURNAL (www.wsj.com)

-- European central banks slashed their key rates to stave off prolonged recessions Thursday, with the Bank of England delivering a dramatic 1.5 percentage-point cut.

-- The Chinese government has largely rebuffed Bush administration attempts to directly discuss contingency planning for a political transition inside North Korea amid uncertainty over dictator Kim Jong-il's health, according to current and former U.S. officials.

-- China's central bank is considering a U.S.-style facility that would funnel emergency cash to the local operations of foreign banks struggling for day-to-day financing in the yuan money markets, according to people familiar with the situation.