PRESS DIGEST - South Korean newspapers - July 6

SEOUL, July 6 (Reuters) - The following is a summary of major South Korean newspapers on Monday, prepared by Reuters in Seoul. Reuters has not checked the stories and does not guarantee their accuracy.

DONGA ILBO

A North Korean ship that had been heading to Myanmar and changed its course at the end of June will enter North Korean waters today, according to a South Korean government official.

Including 7 missiles launched July 4, North Korea experts believe the country has spent some $700 million on missile launches and nuclear tests this year.

According to sources familiar with North Korean issues, North Korea has been engaged in a "150-day battle" from May to boost discipline and public decency. It has included orders for citizens to confess to former crimes and for women to wear skirts instead of pants.

MAEIL BUSINESS NEWSPAPER

Korea Electric Power Corp (KEPCO) (015760.KS: Quote, Profile, Research) said on Sunday that it had signed a contract last week with Canada's Denison Mines (DML.TO: Quote, Profile, Research) and now owns 17 percent of the uranium producer.

KOREA ECONOMIC DAILY

Delinquency ratios at South Korea's major banks have fallen since April after 10 months of drastic rises, according to industry sources. Banks' net interest margins have also been rising since June.