Nov 27 (Reuters) - The following were the top stories in The Wall Street Journal on Friday. Reuters has not verified these stories and does not vouch for their accuracy.
* The dollar fell below 85 yen for the first time since July 1995, with Japan's finance minister hinting more strongly of taking action if the situation continued.
* Persian Gulf bonds tumbled and the cost of insuring against default across the region jumped a day after Dubai said it would ask to postpone debt of Dubai World.
* American International Group Inc said it has agreed to settle all legal disputes with former chairman Maurice "Hank" Greenberg, former Chief Financial Officer Howard Smith and two companies headed by Greenberg.
* Sony Corp said it sees 3-D compatible televisions accounting for up to half of all the TVs sold by the company in three years.
* Goldman Sachs Group Inc, JPMorgan Chase & Co and others are reopening their checkbooks as mergers and acquisitions picks up. The funding could swing deals for Cadbury Plc and others. The risk: a market downturn.
* The airline industry is struggling, and so is magazine publishing, but a British company is profiting by combining the two. Ink Publishing (Holdings) Ltd in recent years has become the world's biggest producer of in-flight magazines, handling 40 titles for carriers from 17 countries.
* London Stock Exchange Group Plc on Thursday was hit by a technical glitch, forcing it to suspend the trading of U.K. stocks for more than three hours.
* Toyota Motor Corp said it will fix the gas pedal on about four million vehicles in the U.S. to address sudden-acceleration problems, as the Japanese auto maker tries to repair its reputation amid the company's biggest recall to date.
* Apple Inc's iPhone on Saturday will finally go on sale in South Korea, a country that prides itself on creating and consuming cutting-edge technology but where the government raised trade barriers on smart phones to protect domestic manufacturers and carriers for several years.
* BHP Billiton Ltd said demand from China's steel sector is surprisingly strong and general market sentiment has improved in the past month. The miner also dismissed speculation that Rio Tinto Ltd may be cooling on plans for an iron ore joint venture in the Pilbara region of Western Australia state and talked down the prospects of a share buyback, saying it was instead focused on spending its cash on growth projects.
* New-home sales unexpectedly climbed in October despite bad weather and uncertainty over a big tax credit for first-time buyers. Sales of single-family homes increased 6.2 percent to a seasonally adjusted annual rate of 430,000, the Commerce Department said.
* U.S. consumer spending and incomes rose in October and initial jobless claims last week fell to the lowest level in more than a year, boding well for economic growth in the fourth quarter. Keywords: PRESS DIGEST/WSJ

(Compiled by Tenzin Pema; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)

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