Hong Kong authorities plan a three-year reform for the struggling Hongkong Post, considering options like privatization or departmentalization. A HK$4.6 billion cash injection aims to buy time for this comprehensive review of its operating model.
US Navy acting secretary Hung Cao stated a $14 billion arms sale to Taiwan is paused to ensure sufficient ammunition for the Iran war. However, sources dispute this, claiming the sale is unrelated to Iran and US ammunition stocks are ample.
China's foreign ministry reiterated its "consistent, clear and unwavering" opposition to US arms sales to Taiwan. A US official indicated sales would continue when deemed necessary, while Taiwan's presidential office stated no information suggests adjustments to the sales.
US Navy Acting Secretary Hung Cao stated at a Senate hearing that arms sales are on hold to ensure sufficient inventory for "Operation Epic Fury," not as a blanket suspension of Taiwan sales. Senators urged immediate arms sales to Taiwan, with former President Trump indicating he would speak with Taiwan's President Lai Ching-te.
A Taiwan think tank expert questions US Navy Acting Secretary Hung Cao's claim that a $14 billion arms sale to Taiwan was paused to ensure ammunition for "Operation Epic Fury." The expert argues the sale was approved before the operation and delivery would take years, suggesting Cao's statement is an excuse.
Navy Secretary John Phelan has departed his position unexpectedly, the Pentagon announced Wednesday, becoming the first head of a military service to leave during President Trump's second term. Undersecretary Hung Cao, a 25-year Navy combat veteran who ran unsuccessful Senate and House campaigns in Virginia, will serve as acting secretary. The departure comes amid ongoing leadership upheaval at the Pentagon under Defense Secretary Pete Hegseth, who has fired multiple top generals and admirals since taking office.
