The DailyBrief

Wednesday May 31, 2017

ISIS, Indonesia next? After the surprise siege of Marawi City in the southern Philippines, indications are that Indonesia is next on the Islamic State hit list. John McBeth writes that Indonesian, Malaysian and other foreign fighters are known to be in Marawi and, as ISIS influence diminishes in the Middle East, Jakarta security forces are preparing for a jihadi move into Indonesia, home to the world’s largest Muslim population.

Hong Kong, 1967: Mounting grievances, a darkening public mood turning violent, government and police seen as enemies of the people – for many, that’s an apt description of Hong Kong as it approaches the 20th anniversary of its return to Chinese rule. Kent Ewing writes that those are in fact the same conditions that caused the 1967 riots and Hong Kong current leaders would be wise to remember the events of 50 years ago.

India-Germany, golden opportunity: Indian Prime Minister Narendra Modi’s visit to Berlin this week could not have come at a more opportune moment, writes Seema Sengupta. Europe’s increasing strain with the US represents a golden opportunity for an India that is keen offer an alternative a Chinese-led new world order.

China PMI number: Shares in Hong Kong and Shanghai drifted in directionless trade as investors seemed to be chewing over the latest Purchasing managers’ index numbers from China, reports Steve Wang and Liu Hsiu Wen. The official manufacturing purchasing managers’ index for May remained unchanged, which was slightly better than expected, but gave no real indication of the economy’s trajectory in the coming months.