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1. US nears US$400 million settlement with TikTok on child-privacy violations, report says

   US President ⁠Donald Trump’s administration is nearing a US$400 million settlement with TikTok to resolve an ongoing lawsuit over alleged child-privacy violations, ABC News reported on Friday, citing sources familiar with the matter. The White House declined to comment, referring questions to the Justice Department, ‌which did not immediately comment. TikTok did not respond to a request for...

2. Trump announces 3-day ceasefire between Russia and Ukraine

   US President Donald Trump announced on Friday that Russia and Ukraine had agreed to a three-day ceasefire and a prisoner exchange following US-mediated talks, saying negotiations to end the war were continuing and “we are getting closer and closer every day”. “I am pleased to announce that there will be a THREE DAY CEASEFIRE (May 9th, 10th, and 11th) in the War between Russia and Ukraine,” Trump...

3. Trump trade chief says US wants balanced trade, not change to China’s system

   US Trade Representative Jamieson Greer called for stability with Beijing days before US President Donald Trump’s closely watched trip to China, saying the US was not out to reshape the Chinese economy but to rebalance trade. The trade chief told Fox News on Friday that while the world’s two largest economies “always had a really robust trading relationship … it’s been wildly unbalanced with...

4. US to host new Israel-Lebanon talks as Trump team presses for Hezbollah disarmament

   The United States will host two days of intensive talks between Israel and Lebanon next week in a renewed push for a broader peace and security arrangement, according to a US State Department statement released on Friday. The talks, scheduled for May 14 and 15, will build on a previous round held on April 23 that Washington said was led personally by US President Donald Trump. In the statement,...

5. New suspected hantavirus cases found in Spain and remote Tristan da Cunha

   Two new suspected cases of hantavirus were ⁠reported on Friday, one in Spain and the other on the remote South Atlantic island of Tristan da Cunha, as experts race to contain an outbreak that began on a luxury cruise ship. The announcements in locations thousands of kilometres apart will fuel concern about a cluster of cases so far associated with three deaths – though the World Health...

6. Trust is key if China’s international arbitration goals are to succeed, experts say

   China’s international arbitration efforts have made significant progress, but more work is needed to attract foreign parties to arbitrate in China amid US-China rivalry, according to arbitrators and law scholars. China’s newly revised Arbitration Law took effect in March, marking the most significant overhaul of the country’s commercial dispute framework since 1994, in a move to promote cities...

7. Hong Kong secures US$3.5 billion to fund Northern Metropolis and green projects

   Hong Kong has raised HK$27.6 billion (US$3.5 billion) through a green and infrastructure bond sale to finance the Northern Metropolis and low-carbon transformation projects. The offering drew investors from more than 30 markets across Asia, Europe, the Middle East and the Americas, signalling global institutional investors’ confidence in Hong Kong’s development, the Hong Kong Monetary Authority...

8. SCMP takes home 3 honours from Global Media Awards, including win for infographic

   The South China Morning Post has taken home three honours at the International News Media Association’s 2026 Global Media Awards, with its infographic on Hong Kong’s deadly Tai Po fire winning first place for the best use of visual journalism. The awards were announced and presented in Berlin on Thursday, with the SCMP being the only Hong Kong media outlet recognised at the prestigious annual...

9. Asean to step up push for South China Sea code, energy security

   Deeper economic cooperation between China and the Association of Southeast Asian Nations will hinge on whether a code can be laid down to govern maritime territory and activity in the South China Sea, Philippine leader Ferdinand Marcos Jnr has said. “We cannot institutionalise any of those things until the code of conduct is finalised,” he told a press conference on Friday at the close of the...

10. US adds 115,000 jobs in April, but experts warn of hidden weakness in economy

    US employment rose more than expected in April, while the unemployment rate remained steady, government data showed, with the world’s largest economy firming recent labour market gains but analysts warning of underlying weakness. “Total nonfarm payroll employment edged up by 115,000 in April, and the unemployment rate was unchanged at 4.3 per cent,” the US Bureau of Labour Statistics (BLS)...