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Foreign investment in Myanmar swelled sixfold to almost $1 billion in the last fiscal year, most of it coming from China, according to government statistics seen Thursday.
JPMorgan Profits From Investment Bank; Defaults Rise (Update2) (Bloomberg)
July 16 (Bloomberg) — JPMorgan Chase & Co. , the second- largest U.S. bank, said profit rose for the first time since 2007 on record investment-banking fees.
Sarkozy promises defense investment (UPI)
PARIS, July 15 (UPI) — French President Nicolas Sarkozy promised a substantial investment in his country’s military to enable it to meet future challenges.
