Hong Kong News
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Chinese real estate behemoth Evergrande, one other firm default on $1.6 billion in bonds
•Following the development, Fitch Ratings agency has downgraded the Evergrande’s status to ‘restricted default rating’
Hundreds of politicians quit in protest of new Hong Kong loyalty oath, refuse allegiance to Chinese regime
•Twenty-five councillors were told to take their oaths in a closed-door ceremony on Friday, but 24 of them attended the event. Pro-democracy councillor Peter Choi was useated with immediate effect for not turning up
Hong Kong returns to violence after brief lull; protesters sing' God save the Queen', ask Britain to step up pressure on China
•Hong Kong has been convulsed by weeks of huge, sometimes violent rallies calling for greater democratic freedoms and police accountability.