KUALA LUMPUR, March 12- The search for a missing Malaysia Airlines jetliner expanded on Wednesday to cover an area stretching from China to the Andaman Sea, with authorities no closer to explaining what happened to the plane or the 239 people on board.» Read More
NAIROBI, Sept 27- Kenya does not see a significant impact on its economic growth from the attack by Islamist militants on a shopping mall, and it plans to go ahead with a debut Eurobond issue this financial year, the finance minister said on Friday.
BlackBerry, which had warned of the results on Sept. 20, said its net loss for the second quarter ended on Aug. 31 was $965 million, or $1.84 a share, while revenue fell 45 percent to $1.6 billion from a year earlier.
BEIJING, Sept 27- China, the world's top wheat and rice consumer, will issue low-tariff import quotas for key grains and cotton in 2014 at the same level as it allocated this year, keeping a lid on imports of lower-priced overseas imports, the National Development and Reform Commission said on Friday.
ISTANBUL, Sept 27- NATO member Turkey has chosen a Chinese defence firm hit by U.S. sanctions to co-produce a $4 billion long-range air and missile defence system, rejecting rival bids from Russian, U.S. and European firms.
*Yen up after Japan finmin remarks on corporate tax rate. LONDON, Sept 27- The dollar struggled broadly and hit a 7-1/ 2 month low against the safe-haven Swiss franc, hurt by wrangling over the U.S. budget and a lack of clarity over when the Federal Reserve will scale back stimulus.
OSLO, Sept 27- The U.S. Federal Reserve could start reducing its asset purchases this year based on economic forecasts but the decision to taper could be pushed into next year, a top Fed official said on Friday.
Sept 27- J.C. Penney Co Inc will raise up to $932 million from a share offering of 96.6 million shares at $9.65 each. The retailer's shares fell 6 percent to $9.79 in premarket trading. The public offering is expected to close on Oct. 1, J.C. Penney said in a statement.
Colombian financier Jaime Gilinski recently committed to becoming the biggest shareholder of Spanish bank Sabadell and China's richest man, Wang Jianlin, told Spanish news agency EFE this week that his next investment targets were Belgium and Spain.
BRUSSELS/ PARIS, Sept 27- Germany has enlisted French carmakers' support for a last-ditch bid to delay implementation of EU carbon dioxide limits by four years, government officials and diplomats said on Friday.
Sept 27- BlackBerry Ltd reported a huge quarterly loss on Friday, days after accepting its largest shareholder's tentative $4.7 billion bid to take it out of the public eye. BlackBerry, which had warned of the loss, said its net loss for the second quarter was $965 million, or $1.84 a share, on sharply reduced revenue of $1.6 billion.
*ASOS says cutting returns would boost bottom line. Germany's Zalando and Britain's ASOS, online-only fashion retailers, grabbed market share by promising a free returns service- that now threatens to undermine long-term profits.
PRAGUE/ SOFIA, Sept 27- Emerging European economies are set for a tepid recovery that won't restore them to the pre-financial crisis boom years but should let them weather the withdrawal of cheap money from the Federal Reserve.
LONDON, Sept 27- European shares turned lower on Friday, led by Italian stocks after a weak auction of the country's bonds highlighted increasing concerns about a political crisis in Rome.
However, concern among traders in Europe and the United States that a speculative indium bubble could be forming on the Kunming Fanya Metal Exchange may cap spot prices outside China- at least until commodity houses see a sustained improvement in demand from makers of screens for phones, TVs and computers.
LONDON, Sept 27- Investors wrong-footed by the Federal Reserve's decision to keep its stimulus programme unchanged have a chance to boost their bottom line by using cheap dollars, euros and yen to buy higher-yielding currencies. Average daily trading volumes shrank to $4.5 trillion in August, below a record high of $5.6 trillion in June, according to CLS Bank.
SHANGHAI, Sept 27- China has formally announced detailed plans for a new free-trade zone in Shanghai, touted as the country's biggest potential economic reform since Deng Xiaoping used a similar zone in Shenzhen to pry open a closed economy to trade in 1978..
*Copper rebounds 10 pct since 3- yr lows hit in June. LONDON, Sept 27- Copper rose on Friday, supported by improving demand in China, although lingering concerns about the U.S. fiscal outlook kept investors cautious and capped further gains for the metal.
Sept 27- Struggling retailer J.C. Penney Co Inc said it expects to end the year with about $1.3 billion in cash, excluding the proceeds from a share offering. The company said on Thursday it had begun offering up to 96.6 million shares to raise funds for general corporate purposes.
MILAN, Sept 27- Italy paid the highest yield in three months to borrow over 10 years at a bond auction on Friday as the threat of a government crisis revived concerns over the country's ability to deal with its financial problems.
PARIS, Sept 27- A court has ordered home improvement shops near Paris to close on Sundays, prompting anger about the burden of business regulation at a time when France is barely out of recession and consumers aren't spending.