
BlackRock Inc
Startups, Entrepreneurs, Digital economy
Singapore's Trax secures US$640 mil in funding round led by SoftBank, BlackRock
Trax, a Singapore-based startup serving the retail industry, raised US$640 million ($857.2 million) from investors led by SoftBank Vision Fund II and BlackRock Inc to bankroll its global expansion.
April 08, 2021
Deals, joint ventures & alliances

BlackRock, Temasek to take majority stake in wealth management JV with China Construction Bank
(Dec 23): US asset manager BlackRock Inc, Singapore state investor Temasek Holdings and China Construction Bank Corp (CCB) have agreed to set up a wealth management joint venture in China, said peo
December 23, 2019
Sustainability

What is sustainable finance? That's a US$4 trillion question for investors
SINGAPORE (Nov 22): Major fund managers, including BlackRock Inc.
November 22, 2019
Sustainability

BlackRock unit aims to boost Asian renewable-energy portfolio to US$5 bil
TAIPEI (June 26): BlackRock Real Assets is aiming to boost its renewable power portfolio in Asia by as much as 10-fold as it seeks to keep pace with the world's fastest-growing region for green ene
June 26, 2019
In print this week

Green bonds to save the planet
SINGAPORE (Apr 29): Green bonds could be a key tool to finance the fight against climate change. But good luck getting your hands on one, or figuring out exactly what it is worth.
April 29, 2019
Funds

BlackRock plans to raise US$10 bil for equity investments
(Feb 8): BlackRock plans to raise about US$10 billion ($13.2 billion) as part of a new business that would take direct stakes in companies, according to a person familiar with the matter.
February 08, 2018
Global stocks

Less than 18% of global stocks owned by index investors, says BlackRock
(Oct 4): Less than 18% of the global stock market is owned by index-tracking investors, according to a new estimate from BlackRock Inc, as it suggested that passive investing plays only a limited r
October 04, 2017

CapitaLand Commercial Trust to buy Asia Square Tower 2 for $2.15 bil
SINGAPORE (Sept 21): CapitaLand Commercial Trust is buying Asia Square Tower 2 from American asset manager BlackRock Inc for a total of $2.15 billion.
September 21, 2017
Fintech

Two top 'quant' researchers exit BlackRock as it revamps stock unit
NEW YORK (July 4): Two high-level quantitative researchers have left BlackRock Inc (BLK.N) as the world's largest asset manager embarks on an ambitious effort to engineer a high-tech revolution wit
July 04, 2017
Currencies

BlackRock says Australia could lose AAA rating next month
(Nov 6): Australia could be stripped of its top credit score by S&P Global Ratings as early as next month if the government’s interim budget review shows further deterioration, according to Bla
November 07, 2016