Anti-government protesters compelled Hong Kong’s worldwide airport to droop check-in companies for the second day working on Tuesday, clashing with police late within the night because the political disaster within the Asian monetary centre deepened.
The beforehand principally peaceable occupation broke into chaos late on Tuesday, with police firing pepper spray and beating protesters with batons on the entrance to the departures corridor after demonstrators seized a person they accused of being a mainland Chinese language police officer.
When police appeared on the departures entrance to assist medical employees extract the person, protesters attacked their automobiles, sparking working battles by which officers pushed the gang again into the terminal.
In one battle, protesters took a police officer’s baton and started beating him with it. The officer responded by pulling his gun till protesters ran off.
Additionally learn this report within the NYT on how China is waging a disinformation warfare towards Hong Kong protesters. And right here is what you must know in regards to the airport cancellations. (FT, WSJ, NYT)
Within the information
US to delay some tariffs on Chinese language items The Trump administration stated it could delay imposing a 10 per cent tariff on a sequence of client items imported from China — together with laptops and cellphones — till December, in an try to ease fears in regards to the impression of the 2 nations’ commerce warfare on markets and the economic system. In the meantime, the US public has develop into more and more hostile in direction of China, in response to a survey. (FT)
CBS in deal to reunite with Viacom The approaching collectively of the sister leisure firms in an all-stock merger will merge the most-watched US broadcast channel with the proprietor of the Paramount Photos movie studio as they search to compete in an business that has been upended by Netflix. (FT)
Argentine peso falls The South American nation’s foreign money tumbled for a second day as traders remained nervous about its political future and the potential return of populist insurance policies following Mauricio Macri’s decisive loss in a presidential main vote over the weekend. Additionally learn why traders imagine Mr Macri’s time is up (FT)
JPMorgan Chase set to scoop report Allergan sale payment The US group is poised to gather the largest particular person payment for a financial institution promoting an organization, incomes $123m for advising Botox-maker Allergan on a deliberate $63bn sale to US pharmaceutical group AbbVie. (FT)
Boeing airplane deliveries tumble in 2019 Boeing stated it delivered 38 per cent fewer planes within the first seven months of 2019 than a yr in the past — falling additional behind rival Airbus — because the impression of grounding the 737 Max jetliner weighs on the US airplane maker. (WSJ)
US mortgage debt hits report The debt reached a report within the second quarter, exceeding its 2008 peak because the monetary disaster unfolded. Mortgage balances rose by $162bn within the quarter to $9.4tn, surpassing the excessive of $9.3tn within the third quarter of 2008, the Federal Reserve Financial institution of New York stated on Tuesday. (WSJ)
SoftBank founder goals to create ‘ecosystem’ of firms Dozens of tech-company founders and chief executives will collect in Los Angeles subsequent month for a personal gathering that’s elite, even by Silicon Valley requirements. The value of entry: promoting a stake in your organization to SoftBank’s Imaginative and prescient Fund. (FT)
The US and the Taliban close to a deal After months of negotiations between America and the Taliban, either side have signalled that they’re nearing an preliminary peace deal for Afghanistan, maybe within the coming weeks and even sooner, despite the fact that the latest talks have appeared slowed down within the remaining particulars. (NYT)
The day forward
Oil strikes greater The Power Data Administration late on Monday stated it anticipated US oil manufacturing within the shale areas to rise to eight.77m barrels a day in September, a rise of 85,00zero barrels a day from August. It would problem its personal report early on Wednesday. (WSJ)
Join right here to Tech Scroll Asia to your orientation to the billions being made and misplaced on the planet of Asia tech from the FT and Nikkei. And don’t miss our FT Information Briefing podcast — a brief day by day rundown of the highest world tales.
Introducing Tradition Name, a brand new FT podcast
Be part of a full of life, transatlantic dialog about tradition. Monetary Instances editors Griselda Murray Brown (in London) and Lilah Raptopoulos (in New York) get collectively to interview people who find themselves shifting tradition; dissect how social adjustments play out in books, artwork, music, on-line and on display screen; and convey you behind the scenes of FT Life & Arts journalism. Each second Tuesday, beginning at present. Learn extra right here.
What else we’re studying
The wild world of damaging yields Investing assured to lose cash sounds prefer it might price you your job. However in bond markets, it has develop into a truth of life. Bonds value $15tn — or roughly one-quarter of debt issued by governments and firms world wide — are buying and selling with damaging yields. Now, traders are eyeing what might develop into of the damaging yield revolution’s subsequent frontier — the most important bond market of all. (FT)
Rwanda and the World Financial institution Since Paul Kagame turned president in 2000, Rwanda’s development has exceeded 7 per cent a yr whereas growth assist has poured in. However an FT investigation reveals that poverty statistics, defended by the World Financial institution, might have been manipulated within the run-up to a vital 2015 referendum that allowed Mr Kagame to increase his reign for one more twenty years. (FT)
Moscow and Hong Kong Russia and China symbolize large geopolitical and ideological challenges to western liberalism, however in each nations, single grievances have advanced into wider protest actions that undermine their governments’ credibility, Gideon Rachman writes. (FT)
Modi recast as rugged environmentalist India’s prime minister Narendra Modi has introduced himself in many various guises — from a humble tea vendor to an ascetic who meditates in caves. In his newest incarnation he seems alongside survival specialist Bear Grylls as a rugged crusading environmentalist. The TV present was aired as Mr Modi’s authorities is beneath worldwide scrutiny for its determination to revoke the autonomy of Jammu and Kashmir. (FT)
What the Apple Card will get proper, and fallacious Tech group need to impress customers by bringing “transparency” to non-public finance. However the very first thing you must know in regards to the Apple Card is that it isn’t actually a card. (FT)
Digital health courses Tens of millions of individuals are utilizing apps and internet-connected gear to do residence exercises that attempt to mimic the thrill and vitality of an in-person class. Learn extra. (WSJ)
Résumés are beginning to look Like Instagram — and generally even Tinder As Gen Z enters the workforce, firms are seeing digital CVs stuffed with creative prospers, together with illustrations of school mascots, logos of previous employers and icons to indicate hobbies similar to residence renovation and watching films. (WSJ)
Video of the day
Brexit: Remainers are failing to get their act collectively FT editor Lionel Barber and chief political commentator Robert Shrimsley on the narrowing choices to halt the UK’s cut up from the EU.