BlackRock, the world’s richest private equity firm, has announced that it is managing about $11.3 trillion for investors, the most money it has ever had under its control.
Tag: Economy
Post
SPOTLIGHT: CHINA’S ECONOMIC STRUGGLE
China’s roaring rally in equity markets seems to be running out of energy. After the People’s Bank of China created a fund to make cheap loans that people and businesses could use to buy stocks, markets soared.
Post
TOP TREND 2023: OFFICE BUILDING BUST: LANDLORDS OFFER TURNKEY OFFICE SUITES TO LURE TENANTS
In Canada, where the office vacancy rate rose to 14.7 percent in the third quarter, office landlords are offering prospective tenants turnkey office suites, with desks, chairs, breakrooms, and other accouterments already in place.
Post
SPOTLIGHT: BIGS GETTING BIGGER
Lower interest rates will be a boon to private equity firms, which tend to use debt to fund takeovers. The sector has booked $531 billion in deals so far this year, 38 percent more than by this time last year.
Post
SPOTLIGHT: CHINA’S ECONOMIC STRUGGLE
China’s equity markets have soared over the past two weeks in a way not seen in 16 years after the People’s Bank of China (PBoC) made cheap loans available to buy stocks.
Post
TOP TREND 2023: OFFICE BUILDING BUST
At the 2020 onset of the COVID War and the shift to remote work, we correctly had forecast in May of 2020 that office buildings’ market value would plunge.
Post
TOP TREND 2024, EV GO FU: EUROPEAN COMMISSION VOTES TO SET TARIFFS ON CHINESE EVS
The European Commission (EC) has received enough support from member nations to lay tariffs as high as 45 percent on electric vehicles (EVs) coming from China through 2029, the body announced.
Post
SPECIAL REPORT: AUTO INDUSTRY HITS THE SKIDS
Slowing auto sales and reduced profit outlooks from major European carmakers may indicate a longer-term trough for the industry, analysts told the Financial Times.
Post
SPOTLIGHT: BIGS GETTING BIGGER
This year through September, $2.3 trillion worth of mergers and acquisitions were announced, growing the value of this year’s deals 17 percent above that of the same period in 2023, data service LSEG reported.
Post
SPOTLIGHT: CHINA’S GOVERNMENT STEPS UP
The Politburo, China’s inner circle of leaders, met last week in a rare September session and pledged to “issue and use” bonded government debt to fuel “the driving role of government investment” to revive the country’s staggering economy.