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Li Ka-shing's retirement not surprising: Peter Churchouse Listen
Tycoon Li Ka-shing will step down from his business empire in May and will serve as a senior advisor. He made the announcement during the annual results announcement of his listed companies. Li will hand over the baton to his elder son Victor. Peter Churchouse of Portwood Capital said the tycoon’s decision was not surprising but spells an end of an era. He told Jim Gould that Li had a “very sharp nose” for business and his story was very important for Hong Kong.
Parents group angry about new TSA exams arrangement Listen
The government's decided not to scrap controverisal assessments for primary three students, after two years of consultations and a review. But from now on, only 10 percent of the students will sit for the The Territory-wide System Assessment, or TSA, exams. They'll also be chosen at random. Many teachers, students and parents have found the exams to be a source of pressure and wanted it to be scrapped altogether. The TSA Parents Concern Group has long fought for sample-based testing. Doreen Ho from the group told Annemarie Evans that they are angry and disappointed about the new arrangement, saying that the Education Bureau, or EDB, has fooled parents.
Plan for national anthem law vague but should be sorted out: academic Listen
The government has proposed making it illegal for anyone to alter or distort the national anthem. In a document outlining its plan to enact the local version of the national anthem law, the authorities also highlighted the importance for people to stand and show respect when "March of the Volunteers" is being played. Associate Dean at the University of Hong Kong's Faculty of Law, Professor Simon Young, told Annemarie Evans that the plan appears vague at the moment but he expects it to be sorted out in due course.
US special counsel issues subpoena against Trump Organization Listen
The US special counsel investigating alleged Russian interference in the 2016 presidential election, Robert Mueller, has issued a subpoena demanding information from the Trump Organization. The New York Times reported that he has ordered it to hand over all documents related to Russia and other issues under investigation. The Trump Organization is an umbrella company that includes global real estate, hotel, and golf course properties. The Executive Director of the Hong Kong America Center is Glenn Shive.