Chief Executive John Lee says the Hong Kong Sports Institute is reviewing a funding scheme for athletes, with an outcome expected early next year. He made the comments as he hosted the city's Olympians for a lunch and reception on Wednesday. Natale Ching reports:

Excited fans braved the rain on Wednesday morning to applaud the Hong Kong Olympians, as they were driven through the streets on two open-top buses. Gold medal fencer Edgar Cheung was missing from the trip, as Frank Yung reports:

Rents in the 20 public estates operated by the Housing Society are to go up by 10 percent. Households will have to pay at least HK$230 more each month. Altis Wong reports:

Two staff members of the Po Lin Monastery on Lantau have been suspended after being arrested on suspicion of cruelty to animals. Vanessa Cheng reports:

A transport expert has brushed aside concerns that autonomous vehicles will result in job losses. Alok Jain, CEO and managing director of Trans-Consult, said over time, the technology would create a whole new stream of jobs, such as technicians to oversee maintenance. He was commenting as the government announced that residents at Fairview Park in Yuen Long will get to ride two driverless shuttle buses from the end of the month. The technology has also been widely adopted on the mainland, leading to safety and job loss concerns. But Jain told Samantha Butler that the vehicles were designed to be safer than manually-driven cars:

Six smart vending machines along the Wan Chai harbourfront are now in operation, selling grab-and-go snacks and beverages. Frank Yung reports:

Premier Li Qiang says the steady development of Sino-Russia relations contributes to regional and world peace, and prosperity. He made the comments as he met Russian President Vladimir Putin in Moscow. For his part, the Russian leader said the two countries' economic and trade links had been "yielding results." Damon Pang reports:

Macau Chief Executive Ho Iat-seng has announced that he is not seeking re-election, citing health reasons. The election for his replacement will be held in October. Tony Sabine reports:

The president of the Philippines has warned that heads will roll after a wanted former town mayor fled the country. Ferdinand Marcos Junior pledged to punish those responsible for Alice Guo's escape. Jacqueline Guico reports:

Former US president Bill Clinton and Tim Walz, the Democratic nominee for vice President will address the Democratic National Convention in Chicago on day three of the event. Barack Obama addressed the Convention on Tuesday, but not before being upstaged by his wife, Michelle. Jacqueline Guico reports:

There has been more fallout to the rape and killing of a 31-year-old trainee doctor in the eastern Indian city of Kolkata earlier this month. Outrage over the murder continued to trigger protests across India. Along with demands for justice for the victim, the authorities have been urged to strengthen protection for women in hospitals. Ben Tse spoke to RTHK's South Asia correspondent Murali Krishnan about the case and its aftermath:

Malaysia has fine-tuned its so-called orangutan diplomacy to protect the critically endangered species while placating countries which feel that palm oil production is putting the animals at risk. Companies that import palm oil from Malaysia will be able to adopt orangutans. But there is a catch, as Jacqueline Guico reports:

Hong Kong Exchanges and Clearing says its net profit for the first half of the year dropped three percent from a year ago to HK$6.13 billion. Anne Chan reports:

China has started an anti-subsidy investigation into certain dairy products imported from the European Union. Trade ties between the two sides have already suffered after the EU announced tariffs for Chinese-made electric vehicles earlier. Atlis Wong reports:

US retailer Walmart aims to raise up to US$3.8 billion by selling its stake in mainland e-commerce firm JD.com. The Chinese company's Hong Kong-listed shares closed almost nine percent lower following the news. Raymond Yeung reports:

Many pet owners are always trying to find ways to stop their furry companions from shedding hair all over the house. But for one artist, that fur provided the building blocks for his latest art installation. In this week's Broad Strokes, Ben Tse and Jacqueline Guico find out what the artist did with the pet hair he collected, as well as catch up with the woman behind Hong Kong's first all-female band, who is back with a new line-up: