CHINA Investment Corp (CIC) has hired a new North America head for its New York office, two sources said, filling a months-long vacancy and showing the sovereign wealth fund wants to maintain the outpost despite flaring US-Sino tensions.
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BlackRock’s Fink sees trillions of dollars idle as volatility persists
BlackRock CEO Larry Fink says tens of trillions of dollars of financial firepower is sitting idle in cash amid trade war...