Talking points
Our editors will be looking ahead today to these developing stories ...
Hong Kong's Four Seasons hotel hosts the first global summit of investors to discuss the risks of climate change. Organisers are billing the two-day event as a historic moment for the international financial community as investors and financial institutions from developed and emerging markets gather for the first time to discuss the challenges presented by a changing climate. Former US vice-president Al Gore and UN chief Ban Ki-moon will address the meeting by video link.
President Xi Jinping , in his capacity as head of the Communist Party, holds talks with the honorary chairman of Taiwan's Kuomintang, Wu Po-hsiung, in Beijing. The cross-strait discussion will be particularly closely watched as it comes shortly after Xi's visit to California for talk with US President Barack Obama.
Applications close for the third batch of inflation-linked bonds issued by the Hong Kong Monetary Authority. Demand has been brisk for the HK$10 billion issue of iBonds, with analysts predicting that the final number of subscribers will hit 400,000, up from 330,000 last year and 155,000 in 2011, when the bonds were first issued. The three-year securities pay interest at a rate equal to the consumer price index, with a minimum return of 1 per cent, and are aimed at individual investors.
New York State Attorney General Eric Schneiderman and San Francisco District Attorney George Gascon meet representatives of Apple, Google's Motorola Mobility, Samsung Electronics and Microsoft to discuss "Apple-picking", a crime targeting higher-end phones, including those running Android and other operating systems. Lost and stolen cellphones cost consumers US$30 billion last year, according to one study.
Matters of tourism are in the spotlight at the Convention and Exhibition Centre in Wan Chai at the 27th International Travel Expo Hong Kong. Representatives of some 50 countries and regions from around the world and 600 exhibitors look to grab their share of the tourist dollar. The show is open to representatives of the travel trade today and tomorrow, with the general public admitted at the weekend. The show closes on Sunday.
The world's best golfers gather at the Merion Golf Club near Philadelphia for the year's third major championship, the US Open. The course is expected to prove a tough challenge for the likes of Tiger Woods after heavy rain left it drenched, and with more bad weather expected. The course, hosting its first US Open since 1981, is noted for using wicker baskets, rather than flags, atop its pins.
