Our editors will be looking ahead today to these developing stories ...
Gay Pride parade gets back in step today
After a hiatus last year because of a lack of funding, the Hong Kong Pride Parade struts its stuff. This year, organisers found sponsors to pick up the rainbow flag and bring back the gay pride parade, but managed to raise less than half of their target amount of HK$150,000. That's meant settling for a smaller stage for the end-of-parade performance show at Southorn Playground in Wan Chai. The parade starts at 3pm on East Point Road in Causeway Bay. Some 1,500 people are expected to participate. The dress code is 'Dress Sexy and Act Out' to encourage protesters to turn up the sex appeal and be confident in their bodies.
Obama hosts Asian leaders in jobs bid
With Europe mired in crisis, US President Barack Obama is launching a charm offensive this weekend to hitch the US economy to growth opportunities in Asia. Obama, who was born in Hawaii and spent part of his childhood in Indonesia, will host Asian leaders including Chinese President Hu Jintao and Japanese Prime Minister Yoshihiko Noda in Honolulu for the Apec summit to seek to improve trade ties across the Pacific. Obama is expected to announce tomorrow a tentative free-trade deal called the Trans-Pacific Partnership with eight nations - Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore and Vietnam.
Ill-starred Mars probe's batteries may run out
The fate of China's satellite Yinghuo-1 and its Hong Kong-developed Mars exploration device may become clear as the batteries on the malfunctioning Russian probe used to send them to the Red Planet are likely to run out of power at some stage. The Russian news agency Interfax reported that the chances of rescuing the Phobos-Grunt probe, stuck in the earth's orbit, is 'very, very small'. And there's a risk it could fall back to earth.
Mainland, Taiwan leaders meet on summit sidelines
Lien Chan, the honorary chairman of Taiwan's ruling Kuomintang, is slated to meet Communist Party General Secretary Hu Jintao today in Hawaii on the sidelines of the Asia-Pacific Economic Co-operation summit. With Taiwan's presidential election just two months away, the mainland's Taiwan affairs chief Wang Yi said the top priority of the Hu-Lien meeting would be on how to maintain cross-strait relations. Lien said last week that he would discuss further trade pact deals following the signing of the Economic Co-operation Framework Agreement, the free-trade arrangement between Beijing and Taipei.
Perry hopes to redeem himself
Struggling US Republican presidential candidate Rick Perry gets a chance to make amends in another debate tonight after an embarrassing gaffe at the previous event, forgetting one of the three government agencies that he has repeatedly said he would eliminate if elected president. The Texas governor has turned to humour to try to answer doubts about his 2012 bid as he tries to move on from the 'oops' moment, and his next chance to impress on stage is in South Carolina. This debate is devoted to foreign policy, not a strong suit for the man who seeks to be leader of the world's largest economy.