Malaysia faced a hung parliament Sunday, after neither of the two major alliances of parties competing in the previous day's general election was able to win a majority, while former Prime Minister Mahathir Mohamad lost his parliamentary seat.The palace, in a statement, directed the competing coalitions to inform the monarch by 2 p.m. Monday of their agreed-on alliances that have majority control of the parliament and a prime minister of their choice.The defeat of Mahathir, who was the chief architect of the country's transition into a modern economy and one of Asia's best-known politicians…READ FULL ARTICLE