10 06 JAN 1981 Editing by Keiron Henderson

On Wednesday, GOME said it will keep its retail network atabout 1,300 stores this year, closing up to 100 poor performersbut opening a similar number of new stores. ID:nPEK338424 "As long as GOME's operation stabilizes and the ongoingauditor review does not reveal significant risk exposure, itwould be reasonable to expect banks to gradually ease on GOME,"said Chen in her note. Chinese banks might also loosen credit to be "politicallycorrect," given GOME's estimate that more than 200,000 jobscould be at stake if it were to encounter difficulties, Chenadded. The people with knowledge of the situation said Beijing mayget involved in the disposal of the stake held by Huang and hiswife, pending results of the probe, which local media reportedhad recently widened to include senior government officials.

(Additional reporting by Michael Flaherty and Fion Li in HongKong, Samuel Shen in Shanghai and Kirby Chien in Beijing;Editing by Ken Wills) Private Capital China. Barring a last minute change of heart by dealers, EUInternal Market Commissioner Charlie McCreevy will proposethat a provision for mandatory clearing be inserted intothe reform of EU bank capital rules the European Parliamentand EU states are now adopting, the source said. "We will insert it in the capital requirementsdirective," the source said on condition of anonymity. A preliminary commitment among market associations tocentrally clear credit derivatives such as credit defaultswaps in the EU by mid-2009 collapsed earlier this month. Several big dealers want to clear their transatlantictrades centrally in the United States to save oncollateral. Exchanges are vying to become clearers in theover-the-counter credit derivatives sector where contractshave a notional value of around $40 trillion.

Regulators in the EU and in the United States areputting pressure on banks and brokers to centrally cleartheir trades in order to mitigate risk in products found atthe heart of the credit crunch. In the United States, ICE (ICE.N) and CME CME.N areset to battle for market share in clearing creditderivatives, while in the 27-nation EU, Deutsche Boerse's(DB1Gn.DE) Eurex Clearing and NYSE-Euronext's (NYX.PA)B-Clear are set to jostle for customers. Insistence on having clearing houses for creditderivatives on EU soil for European-based trades is alsodue to a wish among regulators to avoid possible clasheswith U.S regulators over any disputed trades andcollateral (Editing by Leslie Adler) Stocks Bonds. Foreign investors sold a net 66 billion won of shares. Institutions sold a net 143 billion won and retail investorsbought a net 199.5 billion won. Trading volume stood at 341.6 million shares worth 4.2trillion won, compared with 330 million shares worth 4.09trillion won on Wednesday. The KOSPI 200 March futures index KSc1 rose 2.95 points to146.60 points and the KOSPI 200 spot index .KS200 advanced 1.82points to 145.11 points.

The junior Kosdaq .KQ11 went up 1.75 percent to close at358.58 points.Move on day1.14 percent12-month high 1,901.1319 MAY 200812-month low 892.16 27 OCT 2008Change on yr-0.71 percentAll time high2,085.451 NOV 2007All time low93.10 06 JAN 1981 (Editing by Keiron Henderson). ) The Dallas Cowboys may have enjoyed their victory over the Kansas City Chiefs last weekend at Arrowhead Stadium, but the Cowboys still have to figure out exactly who they are this season, an answer they must find during their bye week.On paper coming into this season the Dallas Cowboys were projected to be one of the better teams in the National Football Confrence alongside the New York Giants andMinnesota Vikings. The reality however, is that the Cowboys are a mediocre 3-2 and their only three victories have come against teams that werewin-less going into their match-up with "Big D". The bigger story is that Dallas could very well have been 5-0 going into this next week against Atlanta if they had better play from their quarterback, better protection from their offensive line and not giving up big plays when it mattered on defense against both Denver and NFC-East rival New York.Dallas needs to figure out exactly which Cowboys team they are. They'recertainly not the offensive powerhouse of two seasons ago that lead them into the NFC Divisional playoff game, and they don't seem to be as bad as the Drew Bledsoe years in Dallas. As of right now they've shown that they canmimic both of these past squads, but neither of these are the identity of the 2009 Dallas Cowboys. DUBLIN, Jan 22 (Reuters) - These are some of the leadingstories in Ireland's newspapers on Thursday.