Talking points

PUBLISHED : Wednesday, 27 July, 2011, 12:00am
UPDATED : Wednesday, 27 July, 2011, 12:00am


Our editors will be looking ahead today to these developing stories ...

Report due on foreign direct investment

InvestHK will announce the results of the latest World Investment Report 2011, released by the United Nations Conference on Trade and Development. The report will highlight Hong Kong's foreign direct investment performance last year and make forecasts.

Status report on hepatitis B and liver cancer

Centre for Health Protection controller Dr Thomas Tsang Ho-fai will update the latest hepatitis B and liver cancer figures for the city on the eve of World Hepatitis Day on Thursday. Hong Kong has about 500,000 chronic hepatitis B patients. A quarter of them will eventually die of liver-related complications such as cancer and cirrhosis.

North Korea readies Yellow Sea exercise

North Korea is preparing a rare military exercise involving its army, navy and air force that could be launched this week in the Yellow Sea, according to reports in South Korea. A government source quoted by the South's Yonhap news agency said the North had assembled about 20 naval vessels, including landing craft, off the western port of Nampo and deployed MiG-21 fighters to Onchon air base in the same area. It is the 58th anniversary of the signing of the armistice that ended the 1950-53 Korean war.

China, Singapore sign bank co-operation plan

China's Vice-Premier Wang Qishan will co-chair a series of bilateral economic co-operation meetings with his Singapore counterpart, Teo Chee Hean. The two countries will also sign several co-operation documents, including one by both countries' banking authorities to co-operate in the event of an economic or financial crisis.

Nasa turns page in space exploration

With the space shuttle era over, the US space agency Nasa is moving on to a new chapter in space exploration. After announcing details of plans to determine if Mars has or ever had the ingredients for life, Nasa officials at a Cape Canaveral briefing will discuss preparations for the agency's coming Juno mission to Jupiter. The unmanned spacecraft, set for launch in August, is expected to orbit Jupiter by July 2016. The Mars mission, being prepared for a November 25 launch, will land in August 2012 near a mountain in a crater on the planet and involves a robotic science laboratory.

Venture capital on agenda in Beijing

The deputy chairman of China's national economic planning agency, Zhu Zhixin, will speak at Friday's China Venture Capital Forum in Beijing. Senior officials from the agency's fiscal and financial affairs department, as well as those from the finance, commerce and science ministries, will discuss the development of the venture capital market in China.

Australian CPI will give hint on rates

Australia's second-quarter consumer price index is expected to provide guidance on whether the Reserve Bank of Australia is likely to raise rates again this year. The central bank has held rates at 4.75 per cent since the most recent tightening in November last year.