The news, distilled into what matters.

Hong Kong's first five-year plan aims to add jobs, homes

  • Hong Kong's new five-year plan promises 196,000 public housing units and fast-tracks the Northern Metropolis to ease the housing crunch and create jobs.
  • The city aims to cement its financial hub role — launching a gold central clearing system by 2027, rolling out CBDC settlement this year, and boosting offshore renminbi and dual listings.
  • Emphasis on deeper tech ties with the mainland (AI, robotics, microelectronics) and family-friendly measures — extended baby bonuses, child allowances and more childcare centers.

Misiorowski Powers Brewers To A 4th Straight NL Central Title

  • Brewers clinched their fourth straight NL Central after a 5-1 win over the Pirates and a late Cubs loss — players celebrated watching the other game on TV.
  • Rookie flamethrower Jacob Misiorowski struck out seven in five shutout innings, topping 100 mph on many pitches and cementing his Cy Young–caliber season (1.89 ERA, 243 K).
  • Milwaukee has reached the postseason 8 of the last 9 years but is still chasing the franchise's first World Series appearance since 1982.

Former Philippine President Rodrigo Duterte is expected in court in The Hague

  • Rodrigo Duterte, 81, is expected to make his first public appearance in over a year at an ICC pretrial hearing in The Hague after judges ruled he’s fit to attend despite earlier medical absences.
  • He faces crimes-against-humanity charges over his “war on drugs,” with contested death tolls cited between about 6,000 (police) and up to 30,000 (human-rights groups).
  • The case has fueled wider turmoil: the Philippines tried to withdraw from the ICC, a former police chief wanted on an arrest warrant remains on the run, and Duterte’s daughter, VP Sara Duterte, is facing an impeachment trial.

Pete Alonso Reaches 300-Home Run Milestone Against His Old Team

  • Pete Alonso launched his 300th career homer — a 414-foot solo shot to tie the game in the 9th at Citi Field, drawing a curtain call and chants from the crowd.
  • Coby Mayo finished it in the 11th with a dramatic inside-the-park, three-run homer (the ball glanced off the center fielder), giving the Orioles a 7-5 win.
  • The Mets dropped their third straight (clinching a losing season), and fans even chanted “Fire Stearns” amid the late-game drama.

Chinese investors rush into US stocks as Beijing opens wider path overseas

  • Chinese investors are rushing into foreign assets — especially U.S.-focused QDII funds and Nasdaq ETFs — after regulators raised the outbound quota to a record $183 billion.
  • Fund managers scrambled to curb inflows, repeatedly loosening then sharply tightening daily subscription limits (e.g., a Nasdaq fund’s cap briefly rose from 10 to 5,000 yuan before being cut to 100).
  • The move is driven by rock-bottom domestic yields and a lagging local market vs. U.S. gains, with some U.S.-bound ETFs trading at large premiums (one Nasdaq tech ETF at about a 24% premium).

South Korean court orders North Korea to pay $32.5 million for blowing up joint liaison office

  • A Seoul court ordered North Korea to pay 44.6 billion won (about $32.5 million) for blowing up the inter‑Korean liaison office in 2020 — a symbolic ruling because Seoul has no practical way to force payment.
  • The decision underscores how inter‑Korean diplomacy remains frozen: Kim Jong Un has cut off talks, expanded his nuclear and missile programs, and brushed off Seoul’s outreach.
  • The Kaesong office was destroyed after a row over anti‑Pyongyang leaflet balloons; its demolition capped the collapse of earlier rapprochement between the Koreas.

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