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Hong Kong's last major pro-democracy party moves to disband

The Democratic Party's decision to disband amid a years-long national security crackdown underscores the erosion of democratic space in Hong Kong, where opposition voices are increasingly silenced and marginalized. As the city's autonomy erodes under China's increasing control, the fate of other pro-democracy groups remains uncertain. The party's dissolution is a blow to the democratic movement in Hong Kong, which has long been a symbol of the city's freedoms and plurality.

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Hong Kong's Top Court Quashes Convictions of Pro-Democracy Tiananmen Group Δ1.81

Hong Kong's highest court has overturned the convictions of three former members of a pro-democracy group, citing a miscarriage of justice due to the redaction of crucial evidence by prosecutors. This decision represents a rare legal victory for the pro-democracy movement in Hong Kong, where many activists have faced significant legal challenges and persecution. The ruling has been welcomed by the plaintiffs and their families, highlighting ongoing tensions between civil liberties and government actions in the region.

Shipping Firms Pull Back From Hong Kong to Skirt US-China Risks Δ1.72

Companies are quietly moving out of Hong Kong and off its flag registry as concerns over potential sanctions and commandeering of vessels in a military crisis grow among shipping executives, insurers, and lawyers. The U.S. Trade Representative's office has proposed levying steep port fees on Chinese shipping companies operating Chinese-built vessels, further fueling unease across the industry. Beijing's emphasis on Hong Kong's role in serving Chinese security interests is causing concern that ships could be commandeered or hit with U.S. sanctions.

Deliveroo Exits Hong Kong Operations Δ1.71

Deliveroo's decision to exit its Hong Kong operations is a response to the loss-making nature of its business in the market, which accounted for about 5% of overall transactions. The company has nominated liquidators to close its Hong Kong businesses that it did not sell to foodpanda, and its platform will remain live until April 7. This move marks a strategic shift for Deliveroo as it looks to focus on more profitable markets.

China Will Work to Firmly Advance 'Reunification' With Taiwan, Premier Says Δ1.70

Chinese Premier Li Qiang has reiterated China's commitment to "firmly advance" reunification with Taiwan, opposing any external interference while appealing to the Taiwanese people as "fellow Chinese." The language used in this year's report marks a shift from previous statements, dropping the emphasis on "peaceful" reunification, reflecting China's increasing military pressure on the self-governing island. As tensions escalate, China's stance on Taiwan continues to prioritize economic relations, indicating that while reunification remains a key agenda, it may not be the primary focus amid broader geopolitical challenges.

South Korean Police Prepare for 'Worst-Case Scenarios' Ahead of Yoon Impeachment Ruling Δ1.70

The Constitutional Court's decision on President Yoon Suk Yeol's impeachment is expected to spark significant unrest, with authorities preparing for the worst. As tensions rise, police are taking extraordinary measures to ensure public safety, including closing subway stations and schools near the court. The National Police Agency has set up plans considering the most extreme scenarios, which could lead to violent clashes between supporters and opponents.

U.S. Withdrawal From International Alliances Undermines Trump's Leverage Over Beijing, Δ1.69

President Donald Trump's increasingly hostile stance toward traditional US allies will eventually benefit China, undermining what had been his own top priority coming into his second term, according to Evercore Vice Chairman Krishna Guha. President Donald Trump's increasingly hostile stance toward traditional allies puts China in a "sweet spot," as the U.S. abandons its allies in North America, Europe, and Asia, leaving Beijing without major leverage. This shift in focus allows China to concentrate on expanding its influence globally, rather than facing opposition from its largest trading partners.

Beijing Buzzwords Hint at Slow-Burn Consumer Fix Δ1.68

The Chinese government's focus on boosting consumption among young workers may lead to more sensible policies that can boost spending power over the long term, but deflationary risks mounting, officials are under pressure to deliver quick stimulus. Deciphering policy signals from the annual legislative session in Beijing is a daunting task, with every spring bringing around 5,000 senior lawmakers and political advisors gathering for a week to rubber-stamp the party's priorities. The government has lowered its annual inflation target to "around 2%" for 2025, the lowest figure since 2003.

China Vows Utmost Efforts for 'Peaceful Reunification' With Taiwan Δ1.68

China will exert utmost efforts to realise "peaceful reunification" with Taiwan, but will take all necessary steps to safeguard China's territorial integrity. Chinese President Xi Jinping has emphasized the importance of reunification, stating that Taiwan is an inalienable part of China. The Chinese government views Taiwanese identity as a threat to its national unity.

Mainland Chinese Investors Buy Record Amount of Hong Kong Stocks Δ1.68

Mainland Chinese investors snapped up an unprecedented amount of Hong Kong stocks on Monday, further boosting their holdings amid a tech-driven rally this year, and surpassing the previous record seen in early 2021. The inflows from Chinese buyers came as the Hang Seng China Enterprises Index slid 2.1% following a 5.9% rally last week, but are expected to continue driving market momentum. As the influence of mainland investors grows in Hong Kong's financial hub, concerns about geopolitical risks and market volatility for foreign investors may be offset by speculation over favorable policy toward the AI industry.

DEI Is Under Attack in US, Might Live On Under Different Name Δ1.68

The US government's Diversity, Equity, and Inclusion (DEI) programs are facing a significant backlash under President Donald Trump, with some corporations abandoning their own initiatives. Despite this, there remains a possibility that similar efforts will continue, albeit under different names and guises. Experts suggest that the momentum for inclusivity and social change may be difficult to reverse, given the growing recognition of the need for greater diversity and representation in various sectors.

Deliveroo Exits Hong Kong Under Pressure From Meituan’s App Δ1.68

Deliveroo Plc will close its Hong Kong business after weak sales and mounting competition from rival food delivery app KeeTa, which was launched by Chinese giant Meituan in 2023. The company's international division has been weighed down by intense competition, with Deliveroo struggling to compete on pricing and promotions. Deliveroo's exit marks a significant shift for the London-based delivery company.

Democrats Question Pause in Offensive US Cyber Ops Against Russia. Δ1.68

Democratic lawmakers are seeking clarification from the Pentagon regarding its decision to halt offensive cyber operations against Russia amid ongoing diplomatic negotiations concerning the Ukraine conflict. This pause, while not uncommon during sensitive diplomatic efforts, has raised alarms among Democrats who view it as a strategic error that undermines U.S. cybersecurity strength against Moscow. The situation highlights tensions within U.S. foreign policy, particularly regarding the balance between diplomacy and maintaining a robust defensive posture.

'Impossible' For US to Give Up Indo-Pacific, Taiwan Defence Minister Says Δ1.68

Taiwan's Defence Minister Wellington Koo has emphasized that the United States cannot abandon the Indo-Pacific region, asserting its significance as a "core national interest." Amid rising military pressure from China, Koo expressed concerns regarding U.S. security commitments to Taiwan, highlighting the necessity for deterrence to maintain regional stability. The relationship between Taiwan and the U.S. remains crucial, as Taiwan relies heavily on American support despite the absence of formal diplomatic ties.

UK Concerned by Chinese Activity in South China Sea, Says Foreign Minister Δ1.68

Britain is concerned by China's "dangerous and destabilising" activity in the South China Sea, with British Foreign Minister David Lammy stating that the UK and world economy depend on these trade routes being safe and secure. The Philippines is particularly at risk, facing frequent challenges to freedom of navigation and international law. The situation has raised tensions in the region, with the US previously condemning a Chinese navy helicopter's manoeuvres that endangered a Philippine government aircraft.

Hundreds of US Diplomats Join Letter to Rubio to Protest Dismantling of USAID Δ1.68

The letter signed by hundreds of diplomats at the State Department and U.S. Agency for International Development strongly protests the dismantling of USAID, saying its demise would undermine U.S. leadership and security and create a power vacuum that China and Russia could exploit. The freeze on foreign aid also endangers American diplomats and forces overseas while putting at risk the lives of millions abroad that depend on U.S. assistance. The letter has been filed with the department's internal "dissent channel," where diplomats can raise concerns about policy anonymously.

Germany's Merz and SPD Clear First Hurdle to Forming Coalition Δ1.67

Friedrich Merz's conservatives and the Social Democrats (SPD) have successfully concluded preliminary coalition talks, emphasizing a commitment to stricter measures on illegal migration and economic growth. Merz aims for Germany to achieve 1-2% growth after two years of contraction while increasing military spending and state borrowing to revive the economy. The next phase involves negotiations with the Green party, which will be crucial for passing proposed fiscal measures.

Conservatives Heading for Reverse in German Regional Vote Δ1.67

Germany's conservatives are facing defeat in Sunday's Hamburg regional vote, just one week after leader Friedrich Merz's victory over Chancellor Olaf Scholz's Social Democrats in the national election. The current SPD mayor, Peter Tschentscher, is expected to win with 33% of the vote and will likely continue governing in a coalition with the Greens as junior partners. The Hamburg regional election marks a significant shift for the conservative party, which has ruled the northern port city for most of the past 80 years.

Kabila Sparks Fears of Power Struggle Amid Rebellion in Democratic Republic of Congo Δ1.67

The former President's secret talks with opposition politicians and civil society members have raised concerns about the potential for a power struggle in the country. Kabila's harsh criticism of current President Felix Tshisekedi in private has soured their relationship, leaving many wondering about the future of the fragile peace process. As Rwanda-backed rebels seize territory in the east, the stage is set for a potentially explosive confrontation between Kabila and his successors.

Democrats Protest Trump's Speech to Congress with Disruption, Exits and Solemn Signs Δ1.67

During President Donald Trump's address to Congress, Democrats voiced their dissent through various protests, including turning their backs, holding signs, and in one instance, a lawmaker being removed for shouting. Representative Al Green's interruption highlighted the discontent surrounding potential cuts to Medicaid and other social programs, as Republicans attempt to pass a spending bill aligned with Trump's tax cut ambitions. The event underscored the stark partisan divide as many Democrats left the chamber, while Republicans applauded Trump's speech, reinforcing the ongoing conflict over the administration's policies.

Switzerland Cancels Geneva Conventions Meeting on Palestinian Areas, Diplomats Say Δ1.67

Switzerland has cancelled a conference on the application of the Geneva Conventions to the occupied Palestinian territories due to lack of participants, four diplomatic sources have confirmed. The conference was intended to address the Fourth Geneva Convention and provide humanitarian protections for civilians living in areas of armed conflict or occupation. The cancellation is seen as a significant development in the ongoing efforts to address the Israeli-Palestinian conflict.

China's Property Sector Is Showing Positive Changes, Minister Says Δ1.67

China's housing minister has expressed optimism about the country's property sector, citing improving market confidence as policymakers aim to set a more upbeat tone for the economy in 2025. Despite several tough years for the real estate industry, the minister stated that the market has shown signs of stabilisation since January and February. However, analysts predict that home prices will continue to drop further this year, with some estimates suggesting a decline of up to 30% since 2021.

Shareholders Are Showing Signs of DEI Fatigue As Activists Push for More Votes Δ1.67

Shareholders are increasingly showing signs of DEI fatigue as political heat around the issue intensifies across corporate America.Both champions and critics of diversity, equity, and inclusion policies are again pushing companies this annual meeting season to either bolster or diminish their DEI policies via shareholder proposals. But so far, none of these proposals have garnered support from investors at Apple (APPL), Costco (COST), and John Deere (DE).And that's not expected to change as more votes are tabulated at more company shareholder meetings in the coming weeks and months, according to experts who follow these votes.

Exclusive: Canada and US Offered Uyghurs in Thailand Asylum Before Deportation to China, Sources Say Δ1.67

Canada and the United States offered to resettle 48 ethnic Uyghurs held in detention in Thailand over the past decade, but Bangkok took no action for fear of upsetting China. The group was covertly deported to China despite calls from United Nations human rights experts, who warned they would be at risk of torture, ill-treatment, and "irreparable harm." Thailand's decision has drawn widespread condemnation from human rights groups.

How Trump's Threats Revived Trudeau's Liberal Party in Canada Δ1.67

Justin Trudeau's Liberal Party has experienced a significant resurgence in polling, now exceeding 30% support, largely due to U.S. President Donald Trump's aggressive rhetoric about Canada potentially becoming the 51st state. This shift comes as the Conservative Party, previously favored for victory, has seen its messaging falter in light of rising Canadian patriotism and fears over Trump's tariffs and their economic implications. As the Liberal Party prepares for a leadership transition amidst this evolving political landscape, the impact of Trump's presidency on Canadian politics remains a critical focal point.

Abolition of Department of Education: A Shift in Power Dynamics Δ1.66

The U.S. Department of Education has long been a contentious institution, with critics arguing that it stifles state innovation and local control over education policy. President Trump's expected executive order to abolish the department could have significant implications for the future of education in America, potentially reverberating throughout the country's schools and universities. The move would also mark a significant shift in power dynamics between federal and state governments.