PRESS DIGEST-Financial Times, Wall St Journal Asia editions

SINGAPORE, Feb 11 (Reuters) - The Financial Times and the Wall Street Journal carried the following stories in their Asia print and Web site editions on Monday. Reuters has not verified these stories and does not vouch for their accuracy.

FINANCIAL TIMES (www.ft.com)

-- China Investment Corp is about to notify shortlisted candidates from more than 100 applicants hoping to manage its investments in global equity markets.

-- Tokyo will name its candidate for governor of the Bank of Japan as early as this week, amid growing signs that the opposition is prepared to accept Toshiro Muto.

-- Peer Steinbrueck, German finance minister, speaking at the meeting of G7 finance ministers in Japan warned that losses related to subprime mortgages in the United States could rise to $400 billion and that governments may have to inject capital to rescue banks

-- Falling U.S. clothing demand is adding to the woes of Asian garment makers already struggling because of rising costs and stronger currencies.

-- Sony Ericsson (6758.T: Quote, Profile, Research) (ERICb.ST: Quote, Profile, Research) has designated India, China and the United States priorities while it seeks to become one of the three largest mobile phone makers by 2011.

-- Reliance Power (RPOL.BO: Quote, Profile, Research) is poised to begin trading its shares on Monday in one of the biggest tests of sentiment in the country's stock market in years.

WALL STREET JOURNAL (www.wsj.com)