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BlackRock, Panama Canal and Hutchison Ports

Reuters on MSN · 1d

BlackRock to buy Hong Kong firm's Panama Canal port stake amid Trump pressure

An investor group backed by BlackRock agreed to buy a majority stake in the Hong Kong subsidiary that runs ports along either side of the Panama Canal, giving a U.S. firm control of key docks amid pressure from the White House to take them from China.

CBS News on MSN · 1d

BlackRock strikes $23 billion deal to place Panama Canal ports under American control

Hong Kong-based conglomerate has agreed to sell shares of its units that operate two key ports in Panama to BlackRock consortium.

The Associated Press on MSN · 1d

BlackRock strikes deal to bring ports on both sides of Panama Canal under American control

A Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the Panama Canal to a consortium including BlackRock Inc., effectively putting the port

6h

EWH: Hong Kong Stocks Are Off To A Good Start This Year

The Hong Kong stock market has shown an 11% total return over the past 14 months, driven mainly by dividends, despite a ...

5hon MSN

Shipping firms pull back from Hong Kong to skirt US-China risks

Some shipping companies are discreetly moving operations out of Hong Kong and taking vessels off its flag registry. Others ...

8h

1 word to unpack Hutchison’s exit from Panama and other ports: geopolitics

Li Ka-shing’s company would have come under increased US scrutiny and risked fight in American court if it held on to ...

1hon MSN

Panama Port Deal Plants U.S. Flag in China-Dominated Sector

BlackRock’s move reflects the view that America’s best chance to counter China will hinge on private investment.

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