FTSE 100 live: London markets to rise on back of strong Microsoft, Alphabet earnings; All eyes on US PCE inflation
Hong Kong: Would a failure to allow democratic reforms hurt its standing as a business hub? Nathan Gamester, programme director at the Legatum Institute, says Yes. It pays to be a democracy. Hong Kong’s protesters know this, which is why they are digging in despite violent clashes with the police and strong condemnation from Beijing’s central authorities. Some may point to China as a country that has been successful without democracy. [...]