Business and economy
The Obama administration through the U.S. Justice Department seeks a fine of $14 billion against Deutsche Bank in regards to mortgage securities. (Marketwatch)
Burmese State Counsellor Aung San Suu Kyi asks U.S. businesses to invest in Myanmar after Barack Obama agrees to lift U.S. sanctions. (Time magazine)
Disasters and accidents
The Awam Express train collides with a freight train near the Pakistani city of Multan killing at least six people and injuring another 150. (Geo TV)
An explosion on a tourist speed boat kills two people and injures 20 others shortly after departing from the Indonesian port of Padangbai in Karangasem, Bali. (AP via ABC News), (The Jakarta Post)
2016 Pacific typhoon season
The China Meteorological Administration forecasts that Typhoon Meranti will make landfall in south Fujian Province. (Manila Bulletin)