Balboa Port is pictured after Hong Kong's CK Hutchison agreed to sell its interests in a key Panama Canal port operator to a BlackRock Inc-backed consortium, in Panama City.

CK Hutchison Shares Soar After Panama Canal Stake Sale to BlackRock

Shares of CK Hutchison Holdings Ltd. surged by 12.4% in Hong Kong on Thursday, continuing the momentum from the previous day’s 21.9% rally after the company announced the sale of its Panama Canal stake to BlackRock. The stock climbed to...
Donald Trump-BlackRock CEO Larry Fink,

BlackRock’s Strategic Panama Canal Investment Marks Another Victory for Larry Fink Under Trump

Larry Fink, the CEO of BlackRock (BLK), is emerging as one of the early power players in President Donald Trump’s new administration. His latest triumph came on Tuesday when BlackRock, the world’s largest asset manager, announced a historic $22.8 billion...
Panama Canal

Trump Declares Intent to Reclaim Panama Canal Amidst Tensions with China

In a striking moment during his second inaugural address on Monday (Jan 20), United States President Donald Trump proclaimed his administration's intention to "take back" the Panama Canal, sparking immediate international concern and raising questions about U.S. foreign policy under...
Black Sea

What are the Dangers Faced in Clearing Mines from Black Sea?

A Panama-flagged cargo ship navigating the Black Sea to load grain for war-hit Ukraine was hit by an explosion in late December, causing the ship to trudge off course, spark a fire on deck, and leave two crew members injured....
Panama Canal

Panama Canal: Impact on Global Diplomacy and Geographic Significance

The Panama Canal, a vital waterway connecting the Atlantic and Pacific Oceans, holds significant geopolitical importance, serving as a strategic hub for global trade, military operations, and regional diplomacy. The Panama Canal is a vital global trade route, facilitating the...