BlackRock Inc.

Singapore economy

Majority of Singaporeans say inflation handled 'badly', according to Blackbox poll

More than nine in 10 Singaporeans said inflation has affected their lives, with 37% indicating a “significant” impact.
BlackRock emerges as substantial shareholder of Cromwell European REIT - THE EDGE SINGAPORE

REITs

BlackRock emerges as substantial shareholder of Cromwell European REIT

BlackRock now owns a 5.03% stake in the REIT, from 4.96% previously.

Palm oil

Golden Agri-Resources' industry-leading ESG score hides razed forests in Africa

GAR acknowledged in February that its Golden Veroleum Liberia (GVL) unit hadn’t done enough to compensate local residents.
BlackRock becomes a substantial shareholder of ComfortDelGro - THE EDGE SINGAPORE

Transport

BlackRock becomes a substantial shareholder of ComfortDelGro

BlackRock now has a deemed interest of 5% in CDG.

Global Economy

Briefs: Xiaomi to invest in EVs; Huawei reports slower earnings growth due to US sanctions

Xiaomi plans to invest US$10 billion into electric cars and other news this week.

Global Economy

Briefs

News this week: US President Joe Biden swiftly begins sweeping away Trump's immigration barriers and more.

US stocks

BlackRock shorts US dollar for Asian currencies regardless of Trump or Biden win

BlackRock is shorting the dollar on expectations that unprecedented fiscal and monetary stimulus will prolong its losses.

Funds

ESG factors slowly but surely shaping investments, says BlackRock's McKenzie

Here's why ESG investing is slowly but surely gaining popularity among investors.

Banking & finance

Temasek and BlackRock set up asset-management business in China

BlackRock Inc. and Singapore’s Temasek Holdings Pte received approval to jointly build an asset-management business in China with one its biggest banks, bolstering the US company’s expansion in the nation.

Company in the news

Temasek Holdings adds 3.9% stake in BlackRock for US$3.5 bil; becomes one of BlackRock's largest shareholders

The investment has already paid dividends for Temasek, with BlackRock rising 8.4% since June 30, closing Thursday at US$589.56 in New York.
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