HSBC has warned that the global tariff war launched by US President Donald Trump could see the bank losing revenue and suffering an extra US$500 million in credit losses in the event of an economic slowdown. But as Chloe Feng reports, the group sees Asia as a source of growth and aims to expand its wealth management business in the region.

Ninety-nine people have been arrested on suspicion of manufacturing, trafficking and possession of dangerous drugs. As Kelly Yu reports one suspect is just 13 years old.

The government says a project to redevelop the Hung Hom waterfront will be awarded through open tender, but it makes sense for the MTR Corporation to take part. Damon Pang reports:

A representative from the tourism sector says the number of mainland travellers heading to Hong Kong during the Labour Day Golden Week is expected to surge compared with a year ago. The national holiday period begins on Thursday. Azam Khan reports:

Four former lawmakers have been released from prison after completing their jail terms for conspiracy to commit subversion in the city's largest national security trial so far. Frank Yung reports:

The Productivity Council says the trade war appears to be affecting business sentiment among small and medium enterprises. The Hong Kong SME Leading Business Index increased slightly to 43.8 for the second quarter. But a survey found that its global economy index dropped to a three-year low. The council's chief technology officer Lawrence Cheung told Vanessa Cheng that the survey might not reflect the current situation as it was carried out in late March, before US President Donald Trump announced his reciprocal tariffs.

The DAB says authorities should provide more support measures to go with the implementation of the Basic Housing Unit policy. They said this would better cater to the needs of owners and tenants. From next year, subdivided unit owners are required to declare their properties as a "basic housing unit". A 36-month grace period will follow, allowing them to complete the certification process. The party also conducted a survey polling around 480 tenants to know more about their views towards the government policy. DAB lawmaker Vincent Cheng told Charlie Chun more about the study.

The DAB has also urged the government to allocate more resources to schools to enable them to better support students struggling with stress and emotional issues. Elvis Yu reports:

President Xi Jinping has toured an AI incubator during his visit to Shanghai. As Charlie Chun reports, the president called on the city to take the lead in AI development and governance.

A fire swept through a restaurant in Liaoning province, killing at least 22 people and injuring three. President Xi Jinping has called for all-out efforts to treat those who were hurt. Altis Wong reports:

China has blamed US tariffs for Beijing's decision to stop accepting new planes from Boeing. The Commerce Ministry said the duty had disrupted the international aviation sector, as Elvis Yu reports:

Foreign Minister Wang Yi says China and Russia - as founding members of the Brics group of trading nations - should strengthen coordination within the framework, and deepen unity among developing and emerging economies. Top diplomats from the 11-member bloc have been holding a two-day meeting in Rio de Janeiro ahead of a leaders summit in July. Sophie Hui reports:

Prime Minister Mark Carney's Liberals will have a minority government in Canada's next parliament, after falling just short of the 172 needed for majority control. It's a setback for the Liberals, but a result that puts them in a strong position to pass legislation, including measures to confront US President Donald Trump. Meanwhile, China says it's ready to improve ties with Canada, following Carney's victory. Aaron Tam reports:

Amazon says its low-cost Haul unit had considered listing import charges for goods in light of the US tariffs, but denies looking at such a plan for its main website. That's after the company found itself in the cross hairs of the White House. The retailer had a chaotic morning - its share price initially dropped two percent amid the confusion - one that coincided with a milestone for America's president, as Jamie Clarke reports:

The weeks since US President Donald Trump returned to office have been a whirlwind of activity to show Americans his administration is relentlessly pursuing his promises. With a Republican-controlled Congress, Trump has had a free hand to begin overhauling the federal government and upending foreign policy. As he hit the 100th day of his second term on Tuesday, RTHK's Washington correspondent Simon Marks told Ben Tse that Trump was in a triumphant mood as he held a celebratory rally with supporters.

A lawyer for 10 Venezuelan men sent by the US authorities to a prison in El Salvador says the Salvadoran government denied her access to meet her clients. Kerry Kennedy, whose brother is health secretary Robert F Kennedy Jr, says the men have been denied their basic rights guaranteed under United States law.

The European Space Agency has successfully launched its "Biomass" satellite into orbit. In the coming days, initial checks will be carried out to ensure that all systems are functioning correctly. After that, the space probe will begin its main task of collecting data on the carbon content of the Earth's forests - something that may improve our understanding of climate change - as Jamie Clarke reports:

A large, rare Chinese carpet from the Ming Dynasty era is heading to auction at Christie's in London on Thursday. The piece is estimated to fetch between HK$8.5 million and HK$12.5. It is one of only seven of its kind, that we know of, that exist outside of China. The other nine are on display in the Palace Museum in Beijing. Jamie Clarke has more: