Morning Minutes: What will make headlines, May 18, 2016

Seniors visiting booths offering PC bundles, food and lifestyle products specifically tailored for seniors, at the Silver Infocomm Day, on Sept 17, 2011.
Seniors visiting booths offering PC bundles, food and lifestyle products specifically tailored for seniors, at the Silver Infocomm Day, on Sept 17, 2011.PHOTO: ZAOBAO FILE

Good morning! Morning Minutes is a round-up of stories that will break on Wednesday, May 18, and which we think you'd be interested in.

It appears on weekdays, available by 7am.

Voluntary welfare organisation to launch initiative to encourage seniors to continue learning

In conjunction with voluntary welfare organisation Fei Yue’s 25th Anniversary, its Family Central service will launch a new initiative to encourage seniors to continue learning and contributing. Through the programme, each senior will pledge to dedicate 25 hours to learning, and 25 hours to voluntary service. -  TIFFANY FUMIKO TAY

Senior China Official Zhang Dejiang to speak on One Belt One Road initiative in Hong Kong


Senior China official Zhang Dejiang (right), who chairs China's communist-controlled legislature, shakes hands with Hong Kong's Chief Executive Leung Chun Ying upon his arrival at Hong Kong, on May 17, 2016. PHOTO: AFP

China’s third-ranking leader Zhang Dejiang, on a visit to Hong Kong, will speak today (May 18) on President Xi Jinping’s ambitious One Belt One Road economic initiative. A brainchild of Mr Xi's, the project aims to improve connectivity between China and Eurasia to enhance trade and political relations. Mr Zhang will also meet four pro-democracy legislators, in a rare move observers say is designed to ease frustrations over stalled political reform. He will also give a formal speech at a welcome dinner held by the city's government.

Three US Federal Reserve Governors to speak before US monetary policy is set on Thursday


The US Federal Reserve building is seen in Washington, pictured on Aug 1, 2015. PHOTO: AFP

Three US Federal Reserve Governors will be speaking today (May 18), with analysts closely watching for clues on whether the US interest rates will start to move up again. The speeches come a day before the Federal Open Market Committee, which sets monetary policy for the world’s largest economy. Most analysts believe that rates are unlikely to start moving up till later part of this year with the global economy still in sluggish form.