*Kuala Lumpur- Beijing flight carrying 227 passengers and 12 crew. *Malaysia, Vietnam and China helping in search efforts. KUALA LUMPUR/ HANOI, March 8- A Malaysia Airlines flight carrying 227 passengers and 12 crew went missing in area near the South China Sea on Saturday as it flew from Kuala Lumpur to Beijing and was presumed to have crashed.» Read More
TOKYO, Oct 28- The dollar licked its wounds in early Asian trading on Monday, steadying against major counterparts ahead of the U.S. "For the coming week, the market will continue to focus on the development in China's money market and the outcome of the U.S. economic data/FOMC rate decision," strategists at Barclays said in a note to clients.
*Upbeat earnings from Microsoft, Amazon.com drive Wall St to record high. SYDNEY, Oct 28- Asian stocks got off to an encouraging start on Monday after strong results from the likes of Microsoft drove Wall Street to another record closing high, while the safe-haven yen slipped in thin early trade.
TOKYO, Oct 28- U.S. crude futures edged lower on Monday, paring a 0.8 percent gain in the previous session, pressured by a seasonal dip in demand in the world's top oil consumer and increasing domestic oil production. *NYMEX crude for December delivery was down 22 cents at $97.63 a barrel by 2325 GMT, after settling up 74 cents at $97.85 on Friday.
Voters chose half of the lower house of Congress and a third of the Senate in Sunday's midterm. The Buenos Aires loss was expected to shrink the majority that Fernandez's allies have in Congress to just a few votes.
NEW YORK/ WASHINGTON, Oct 27- A data center critical for allowing uninsured Americans to buy health coverage under President Barack Obama's healthcare law went down on Sunday, the U.S. government said, in the latest problem for the "Obamacare" rollout.
Candidates sponsored by Argentine opposition leader Sergio Massa won the House of Deputies' midterm by a 10- percentage-point margin in the key province of Buenos Aires, according to exit poll announced on local television.
Recent independent moves by SAIC outside China had been seen by some industry insiders and experts as signalling the two companies might be drifting apart, but GM's top China executive said it was merely a consequence of its state-owned partner's growing maturity as an automaker.
SHANGHAI, Oct 28- Bearing rice burgers and lotus roots, an army of Chinese fast food firms is cooking up a challenge to McDonald's Corp and Yum Brands Inc, tempting cost-conscious diners with healthy, homegrown fare and causing a drag on growth for the U.S. chains in the country's $174 billion fast food market.
*CEO Sato expected to keep job, Mizuho Bank chair could quit.
*Home mortgage market key profit centre for Australia's Big Four banks. SYDNEY, Oct 28- Australia's largest investment bank Macquarie Group Ltd is pushing rapidly into home mortgages, threatening to disrupt a highly profitable segment of the banking industry long been dominated by the country's top four lenders.
Two former Patton Boggs partners told Reuters the Washington firm, with nearly 500 lawyers and public policy advisers, is in merger discussions with Locke Lord of Dallas, which has more than 650 lawyers and consultants. A third source, who has direct knowledge of the matter, would not confirm or deny that the other party was Locke Lord.
CAIRO, Oct 27- Egypt is planning a charm offensive to persuade Gulf Arab entrepreneurs to invest in its economy, battered by political upheaval, protests and violence.
RANCAGUA, Chile, Oct 27- Michelle Bachelet is a safe bet to return to power in Chile's presidential election, but she is now promoting a more ambitious program of leftist reforms and will need every ounce of her political skill to push them through.
LONDON, Oct 27- Back in May and June, Federal Reserve Chairman Ben Bernanke played a trick on markets by sketching out a timetable for reducing the central bank's $85 billion- a-month bond buying. The recent government shutdown in Washington and last-gasp deal to raise the federal debt ceiling have simply created too much economic uncertainty.
LOS ANGELES/ NEW YORK, Oct 27- Prankster comedy "Jackass Presents: Bad Grandpa" kicked Sandra Bullock's 3 D space thriller "Gravity" from the top of weekend box office charts in the United States and Canada, starting off with $32 million in ticket sales over its first three days.
SAN FRANCISCO, Oct 27- Facebook Inc finally earned Wall Street's love in the second quarter. Its shares have doubled in just the last three months, buoyed by an increasing belief among investors that Facebook has finally struck a winning formula in mobile advertising.
BREGA, Libya, Oct 27- For Libyan militia leader Ibrahim al-Jathran, shutting down half the country's oil production with an armed militia is not a crime, it is the start of a just battle for a fair share of country's petroleum wealth.
LOS ANGELES/ NEW YORK, Oct 27- Irreverent comedy "Bad Grandpa" knocked Sandra Bullock's 3 D space thriller "Gravity" from the top of the weekend box office charts in the United States and Canada, kicking off with $32 million in ticket sales over its first three days.
Two former Patton Boggs partners told Reuters the Washington firm, with nearly 500 lawyers and public policy advisers, is in merger discussions with Locke Lord of Dallas, which has more than 650 lawyers and consultants. Representatives of Patton Boggs did not respond to a request for a comment.
DUBAI, Oct 27- Iran's state oil refining and gas firms cannot afford the multi-billion dollar cash payments to householders demanded of them by the current budget, which leaves them nothing to invest in vital projects, Iran's oil minister said on Sunday.