Trump threatened to take back the canal because of what he called Chinese influence. CK Hutchison, a Hong Kong company, is selling its control in a firm that ran two ports on the canal.

Hong Kong's edge as a financial hub will erode further as the city becomes embroiled in China-U.S. tensions, with the flash sale of a Hong Kong-owned global ports business highlighting geopolitical volatility,

Two major Panama Canal ports have been sold from their Hong Kong owner to a consortium including American multinational investment company BlackRock.

PANAMA CITY - Panama’s attorney-general said on Feb 26 that concession granted to a Hong Kong-based firm to operate ports on either end of the Panama Canal should be scrapped for being ...

A Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the Panama Canal to a consortium including BlackRock Inc., effectively putting the port

The $23 billion deal, announced by Hong Kong-based CK Hutchison Holdings, transfers control of the Balboa and Cristobal ports to a consortium led by BlackRock, Global Infrastructure Partners, and Terminal Investment Limited.

Panama City (AFP) – Hong Kong firm Hutchinson sold its Panama Canal ports to US company BlackRock after US President Donald Trump's refused to rule out a military invasion of Panama to retake ...

The decision by Hong Kong firm CK Hutchison to sell its Panama ports to a US-led consortium provides the Central American country with a convenient way out of its

Panama City, Mar 4 (EFE) – The Hong Kong conglomerate CK Hutchison, the parent company of the ports of Balboa and Cristobal in the Panama Canal area, announced Tuesday that it has reached an ...

Hong Kong firm CK Hutchinson has announced plans to sell its stake in Panama Canal ports as part of a US$22.8 billion deal. An investor group backed by U.S. investment firm Blackrock will take a controlling stake in ports in over a dozen countries.

BlackRock's involvement signals a shift from a Hong Kong-based company to a US-led consortium, aligning with Trump's strategy.

PANAMA CITY — A Hong Kong-based company announced Tuesday that it would sell its stake in two ports on the Panama Canal to a U.S.-led consortium, apparently responding to threats from President ...