BANGKOK/HONG KONG (Reuters) - U.S. fund giant BlackRock Inc has won a special new licence that will allow it to raise funds in China directly for the first time, a senior executive told Reuters, ...
In its latest weekly market commentary report, BlackRock notes a significant step towards stabilizing global trade dynamics with the new U.S.-China deal, which marks a pivotal moment in the ongoing ...
STA is only part of BlackRock’s wider hedge fund business, which has about $90bn in client assets, making it one of the biggest hedge fund platforms in the world. BlackRock has increasingly been ...
DUBAI (Reuters) -China’s biggest state banks are lending billions to Aramco’s Jafurah gas project, though its funds have passed on the opportunity to invest in the venture, three people familiar with ...
A deal for the U.S. to "reclaim" the Panama Canal is increasingly under fire from authorities in China and Hong Kong. Earlier this month, BlackRock announced a $23 billion deal with CK Hutchinson to ...
Vanguard Group Inc. is launching a low-cost fund focused on emerging-market stocks while explicitly avoiding China, muscling into a trade long dominated by BlackRock Inc. The Vanguard Emerging Markets ...
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The $15 trillion AI shock and China's threat to U.S. valuations
The artificial intelligence (AI) sector is facing a seismic shift with a projected $15 trillion economic impact, as China’s ...
A China office complex previously owned by a BlackRock Inc. fund is close to being sold at a discount of more than 40% in a deal that would lead to losses for the US asset manager and banks backing it ...
HONG KONG (Reuters) -BlackRock has hired Yu Beihua, formerly head of AXA's China fund joint venture, as the new boss of its China business, two people with knowledge of the matter said, as the U.S.
WASHINGTON--(BUSINESS WIRE)--Today, Consumers’ Research released a Consumer Warning to inform U.S. consumers that BlackRock, the world’s largest money management company, is taking their money and ...
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