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Larry Fink is playing the long game. With a little time, a possible nudge from President Trump and some on-the-ground ...
Hong Kong conglomerate CK Hutchison’s decision to sell its stakes in the Panama Canal ports has incurred the wrath of Beijing and thrust American buyer BlackRock into the spotlight. The central ...
President Donald Trump has incorrectly claimed China controls the canal (Panama controls it, although China owns ports on both sides of the crucial maritime passage). Trump has threatened to have the ...
A major deal involving two key ports in the Panama Canal zone has been put on hold as Chinese antitrust regulators investigate the transaction. The deal, led by BlackRock, the world’s largest asset ...
Centuries of foreign occupation and exploitation have taught Panamanians to fiercely guard their sovereignty, as a recent ...
HONG KONG: The controversy surrounding the deal by CK Hutchison, founded by Hong Kong billionaire Li Ka-shing, to sell its ports operations on both ends of the Panama Canal to American investment ...
One of the tycoon’s companies, which for years has run two ports on the Panama Canal, had been thrust into ... China’s leaders are now threatening to stop Mr. Li and the company he controls ...
If the sale goes through, it would be a major strategic win for the US, securing a stronger foothold in the Panama Canal. > If China successfully pressures Hutchison to back out, it would reinforce ...
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(AP Photo/Kin Cheung, File) A cargo ship sails past the Panama Canal’s Port of Balboa, managed by CK Hutchison Holdings, in Panama City, Thursday, March 13, 2025. (AP Photo/Matias Delacroix) A U.S.
Panama's famous canal connects the Atlantic and Pacific Oceans. But, this important gateway for world trade is increasingly blocked. Cargo ships often have to wait weeks for passage, because water ...
Billionaire tycoon Li Ka-shing has found himself in the middle of the China-US geopolitical tussle after announcing a deal to sell his Panama Canal port ... Index. It now stands at $30.5 billion ...
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