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1. A world adrift looks to China for institutional anchors. Enter Hong Kong

   The international order is under mounting strain. In recent years, unilateralism, protectionism and the selective application of international law have eroded confidence in the rules-based frameworks that once underpinned global cooperation. The return of Donald Trump to the centre of American politics, along with the policy instincts the US president represents, has only reinforced concerns...

2. Pakistan’s IMF-backed recovery under pressure as US-Iran mediation stalls

   Pakistan’s bid to mediate between the US and Iran has put Islamabad near the centre of efforts to defuse the Middle East conflict, but with no lasting peace yet in sight, its fragile economy is becoming increasingly exposed to the fallout from the war. While soaring oil prices and disrupted flows through the Strait of Hormuz have led to turmoil in global energy markets, analysts said Pakistan...

3. China’s US experts are falling short in the ‘great power game’, top scholar argues

   Chinese scholars must sharpen their focus on the internal conflicts reshaping the United States if they are to help Beijing navigate its rivalry with Washington, according to a prominent academic. These crises include shifts in political culture, heightened racial tensions, the unsustainability of the country’s economic and fiscal model and the widespread influence of protectionism and populism,...

4. Iran war tests India’s Brics leadership as ‘political relevance’ questions mount

   Brics’ inability to speak with one voice on the Middle East conflict has become a stern test of India’s leadership of the bloc, exposing the challenge of building consensus among its 10 members with divergent interests and concerns. The bloc could not agree on a common position on the war at a meeting of Brics officials to discuss Middle East and North Africa issues in New Delhi last week. Brics...

5. Former executive of Hong Kong’s insurance regulator acquitted of misconduct

   A former executive director of Hong Kong’s Insurance Authority has been acquitted of misconduct after she was alleged to have coerced insurer Prudential into hiring her daughter-in-law, as the magistrate ruled that her actions did not cause “actual damage” to public trust in the regulator. Magistrate Minnie Wat Lai-man on Thursday found Carol Hui Mei-ying and digital strategy consultant Chan...

6. Hong Kong eases enrolment rules for merged schools amid declining student numbers

   Hong Kong’s education authorities will relax rules for under-enrolled public secondary schools that merge with others in a bid to encourage consolidation amid declining student numbers. In a circular sent to all public secondary schools on Wednesday, the Education Bureau said merged schools would be exempt from submitting survival plans in the first three years after merging, even if they fail...

7. Wang Fuk Court resident finds charred HK$100,000 inheritance after opening safe

   Two victims of the Wang Fuk Court inferno dug through the ashes of their home, only to each discover about HK$100,000 (US$12,800) in charred banknotes, just two of many such finds as residents returned to the fire-damaged Hong Kong estate on Thursday. On the same day, several local storage companies offered free services to affected residents as a show of compassion and solidarity. Thursday...

8. Xi Jinping urges ‘disruptive innovation’ to boost China amid high-stakes US tech race

   Amid a high-stakes global race for technology, Chinese President Xi Jinping has called for greater efforts to boost research and innovation in the country by expanding its talent pool and fostering a culture of tolerance. “Basic research is the source of the entire scientific system and the main switch for all technical challenges,” Xi said at a symposium on strengthening the country’s basic...

9. Former CSRC chairman Yi Huiman to face trial for taking bribes, abusing power

   A former head of China’s equities market regulator will face trial on allegations that he took vast sums in bribes in return for approving company listings and loans, according to the Communist Party’s top anti-graft watchdog. Yi Huiman, former chairman of the China Securities Regulatory Commission (CSRC), allegedly used “his position to seek benefits for others in job promotions, listing...

10. China sparks backlash with plan to send jobless graduates to vocational school

    Beijing has pledged to expand vocational training for young jobseekers this year, as it looks to help millions of unemployed graduates find work in emerging industries such as robotics and AI. But the policy drive – which includes plans to encourage university graduates to return to technical school – has drawn mixed reactions from a generation already hit hard by China’s youth unemployment...