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1. Trump-Powell conflict escalates with threat of criminal indictment

   US Federal Reserve Chair Jerome Powell said on Sunday the ⁠Trump administration had threatened him with a criminal indictment and served grand jury subpoenas over Congressional testimony he gave last summer regarding a Fed building renovation project, an action ‍Powell called a “pretext” aimed at putting further pressure on the central ‍bank to lower interest rates. “On Friday, the Department of...

2. Jimmy Lai trial: Hong Kong judges to hear mitigation arguments from defence

   Former Hong Kong media boss Jimmy Lai Chee-ying is set to return to West Kowloon Court alongside eight co-defendants, as three judges hear mitigation arguments from defence lawyers in his high-profile national security case on Monday. The 78-year-old founder of the now-defunct Apple Daily is the most prominent figure yet to be convicted under the national security law imposed by Beijing in June...

3. Hong Kong’s driving licence bottlenecks undermine its car travel scheme

   If Hong Kong’s Transport Department couldn’t see that road signs needed to be at eye level when it opened the Yau Ma Tei section of the Central Kowloon Bypass, it makes sense that it couldn’t anticipate the increased demand for test-free driving licences with the launch of the southbound travel scheme. Under the scheme, drivers of Guangdong vehicles can enter via the Hong Kong-Zhuhai-Macau...

4. Forget Venezuela and Greenland – here is the real trillion-dollar question

   In today’s chaotic world, we can sum up the shift in the global economy and geopolitics with a single number: 1 trillion. The year 2024 will be remembered as the first time in history that a national government’s interest payments on its debt exceeded US$1 trillion, according to data from the Federal Reserve Bank of St Louis. Despite US President Donald Trump’s pledge to cut federal spending and...

5. Filipino woman worships green statue for 4 years, finds out it is animated character Shrek

   A woman in the Philippines spent four years worshipping a green Buddha statue before discovering that it was actually a 3D-printed figure of the cartoon character Shrek. The woman’s misplaced faith has sparked amusement across social media. The story began four years ago when the unidentified woman from Manila, the capital of the Philippines, bought a “Buddha statue” from a local shop. With its...

6. Expert panel formed in Hong Kong to probe chronic water loss at Yuen Long estate

   Hong Kong authorities have set up a three-member expert group to look into persistent freshwater losses at Yuen Long’s Fairview Park housing estate, following criticism from landlords over bureaucratic inertia. But the Water Supplies Department maintained that it was not responsible for repairing water pipes laid within private land, though authorities would provide technical support to...

7. Hong Kong surveyor’s undeclared role prompts rule review after deadly Tai Po fire

   Hong Kong will tighten declaration-of-interest rules after discovering that a surveyor arrested on suspicion of manslaughter over a deadly fire had failed to disclose his role at the estate ravaged by the blaze to the Housing Department, for which he worked as a service provider, the Post has learned. The Housing Department’s move to strengthen supervision followed the arrest of 68-year-old...

8. Foreign, Hong Kong retailers close stores in mainland China amid changing dynamics

   Mainland China’s retail and retail property sectors have suffered another blow amid a fresh wave of store closures by foreign and Hong Kong brands. “The series of closures come as a combined result of their outdated business models and profound changes in the macroeconomic environment,” said Wang Tianshi, an analyst at Shanghai-based LeadLeo Research Institute. “Compared with emerging mainland...

9. Philippine army colonel faces charges after anti-Marcos post goes viral amid coup concerns

   A Philippine army colonel relieved for his anti-Marcos stance has “voluntarily” returned to his unit and will face charges and psychiatric evaluation, according to his superior. Audie Mongao was on Friday discharged from command of the Armed Forces of the Philippines Training Support Group after he publicly withdrew support for President Ferdinand Marcos Jnr in a social media post, saying “it’s...

10. Avalanches in French Alps kill 6 skiers over the weekend

    Three separate avalanches killed three off-piste skiers in the French Alps on Sunday, resort officials said, a day after three skiers died in similar incidents, bringing the weekend death toll to six. The deaths came despite alerts from the weather service of a high risk of avalanches and warnings against off-piste skiing. In one incident on Sunday, a British man in his 50s was buried while...