Asia - Voice of America: Burmese President Says Nation at 'Critical Juncture'

Asia - Voice of America asia

Burmese President Says Nation at 'Critical Juncture' Jul 13th 2012, 15:30 Burmese President Thein Sein has told a group of U.S. business leaders that Burma is at a "critical juncture" as it moves from a military administration to democracy and economic reform. He spoke Friday at a meeting in Cambodia's Siem Reap, just two days after the United States eased sanctions on Burma to allow U.S. businesses to invest there for the first time in 15 years. Leaders of companies such as Coca Cola, Caterpillar, and Goldman Sachs attended the meeting. Earlier ... Media files: 762F0D14-5C42-4A0F-8640-45F141A4A4BE_cx0_cy8_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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Asia - Voice of America: No Let-up in Attacks in Pakistan's Baluchistan Province

Asia - Voice of America asia

No Let-up in Attacks in Pakistan's Baluchistan Province Jul 13th 2012, 15:39 Pakistan's volatile Baluchistan province suffered another attack Friday, when a bomb struck a political rally in the provincial capital. At least six people, including a child, were killed in the blast, which occurred while members of the Awami National Party were meeting in Quetta.  Police say more than 12 others were wounded when a bomb planted on a bicycle exploded. Rasheed Nasir, a party worker who was among the wounded, told reporters: "We were on stage and the rally was ... Media files: FAF30427-5503-4B40-AB34-4F0E2A657BFD_cx0_cy2_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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Asia - Voice of America: In Shanghai, US Consulate's Microblog Disappears

Asia - Voice of America asia

In Shanghai, US Consulate's Microblog Disappears Jul 13th 2012, 14:03 A social media account run by the U.S. Consulate in Shanghai has mysteriously disappeared from the Internet in China, prompting many to wonder if it is the work of government censors. The Shanghai consulate's account on Sina Weibo, a popular Twitter-like microblog service owned by SINA Corporation, was known for its sometimes witty commentary, often on Chinese political and social issues. But as of Friday, the consulate's account was still inaccessible, replaced by an error message ... Media files: DBDDE669-CDFE-4133-B889-08059BE984C0_cx0_cy3_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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Asia - Voice of America: Foreign Investment in India Slows

Asia - Voice of America asia

Foreign Investment in India Slows Jul 13th 2012, 13:33 NEW DELHI — Foreign investment in India has slowed down in recent months, but a recent United Nations survey says Asia's third largest economy continues to be an attractive investment destination for global companies. Official data show that in April and May, foreign direct investment in India slumped by nearly 40 percent, falling from more than $5 billion during the same period last year to $3.2 billion. Economists say a weakening global and domestic economy is only partly to blame. ... Media files: E9BB3C96-EDB7-48AF-9D4F-0746E868DB3D_cx0_cy3_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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Asia - Voice of America: Scientists Warn of Reef Peril at Australian Summit

Asia - Voice of America asia

Scientists Warn of Reef Peril at Australian Summit Jul 13th 2012, 14:17 SYDNEY — A document signed by more than 2,500 scientists at the International Coral Reef Symposium in Cairns, Australia said that climate change is a greater threat to coral reefs than pollution and overfishing. Marine scientists are also warning that the Great Barrier Reef off the coast of Australia's Queensland state will degenerate if the oceans continue to acidify.   The repeated warning from delegates is that manmade climate change is posing a serious risk to coral expanses ... Media files: 39D3D55A-AAB5-41FC-ADC5-136C19689071_cx0_cy13_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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USA - Voice of America: JPMorgan Loss Hits $5.8 Billion

USA - Voice of America usa

JPMorgan Loss Hits $5.8 Billion Jul 13th 2012, 13:50 The largest U.S. bank, JPMorgan Chase, says it lost $5.8 billion in bad trades this year, nearly triple its original estimate. The Wall Street investment bank said two months ago it estimated that losses originating in its London trading office would total about $2 billion. But in a new earnings statement Friday, the bank said it lost $4.4 billion in the April-to-June period and an additional $1.4 billion earlier this year and in the first days of this month. The bank's chairman, Jamie ... Media files: 6F0B3878-EA71-4D15-BB7D-EC330D2A5A23_cx0_cy6_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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USA - Voice of America: In Shanghai, US Consulate's Microblog Disappears

USA - Voice of America usa

In Shanghai, US Consulate's Microblog Disappears Jul 13th 2012, 14:03 A social media account run by the U.S. Consulate in Shanghai has mysteriously disappeared from the Internet in China, prompting many to wonder if it is the work of government censors. The Shanghai consulate's account on Sina Weibo, a popular Twitter-like microblog service owned by SINA Corporation, was known for its sometimes witty commentary, often on Chinese political and social issues. But as of Friday, the consulate's account was still inaccessible, replaced by an error message ... Media files: DBDDE669-CDFE-4133-B889-08059BE984C0_cx0_cy3_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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Economy - Voice of America: JPMorgan Loss Hits $5.8 Billion

Economy - Voice of America economy-and-business

JPMorgan Loss Hits $5.8 Billion Jul 13th 2012, 13:50 The largest U.S. bank, JPMorgan Chase, says it lost $5.8 billion in bad trades this year, nearly triple its original estimate. The Wall Street investment bank said two months ago it estimated that losses originating in its London trading office would total about $2 billion. But in a new earnings statement Friday, the bank said it lost $4.4 billion in the April-to-June period and an additional $1.4 billion earlier this year and in the first days of this month. The bank's chairman, Jamie ... Media files: 6F0B3878-EA71-4D15-BB7D-EC330D2A5A23_cx0_cy6_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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Economy - Voice of America: Foreign Investment in India Slows

Economy - Voice of America economy-and-business

Foreign Investment in India Slows Jul 13th 2012, 13:33 NEW DELHI — Foreign investment in India has slowed down in recent months, but a recent United Nations survey says Asia's third largest economy continues to be an attractive investment destination for global companies. Official data show that in April and May, foreign direct investment in India slumped by nearly 40 percent, falling from more than $5 billion during the same period last year to $3.2 billion. Economists say a weakening global and domestic economy is only partly to blame. ... Media files: E9BB3C96-EDB7-48AF-9D4F-0746E868DB3D_cx0_cy3_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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Asia - Voice of America: Thailand Court Dismisses Constitutional Challenges

Asia - Voice of America asia

Thailand Court Dismisses Constitutional Challenges Jul 13th 2012, 13:13 Thailand's Constitutional Court has dismissed opposition petitions challenging the legality of government amendments to the constitution. The court ruled Friday that the changes do not threaten the role of the monarchy, but also said a referendum is necessary to decide whether the government can go ahead with the amendments. The current constitution was drawn up by the military, which deposed former Prime Minister Thaksin Shinawatra.   The party of current Prime Minister ... Media files: AA83840B-9C63-4742-B920-018C50DF3458_cx0_cy9_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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