New York's banking regulator has demanded $300 million from Bank of Tokyo-Mitsubishi UFJ as part of a potential agreement over sanctions-related violations, according to people familiar with the matter.
Myanmar's president and powerful military chief will hold an unprecedented high-level meeting on Friday with major political parties and ethnic minority groups as cracks widen in the fledgling democracy ahead of an election next year.
Two Myanmar workers have confessed to killing two British tourists in Thailand and a DNA match has been found, police said on Friday, adding that a case that damaged the country's tourism industry had almost been resolved.