Meta Seeks Legal Shield From Child-Harm Lawsuits Amid KOSA Talks 
Kingboard Holdings Shares Surge After HK$11.77 Billion Block Trade to Expand PCB and AI Supply Chain Business 
GM and Lockheed Martin Partner to Strengthen U.S. Defense Manufacturing Capacity 
US-Iran De-Escalation Shifts Washington’s Focus to AI Regulation and Crypto Legislation 
US Raises Concerns Over Possible ASML EUV Machine Transfer to China 
Qantas Unveils Wellness-Focused Nonstop Sydney-London Flights to Reduce Jet Lag 
100+ Global Companies Push Governments to Prioritize Electrification for Economic Growth 
Hyundai to Acquire SoftBank’s Remaining Boston Dynamics Stake for $325 Million 
SpaceX Stock Slides After IPO Rally as Valuation Concerns Grow 
BHP Shares Fall as Jansen Potash Project Costs Surge 
Trump Says Anthropic No Longer Seen as National Security Threat 
SK Hynix Overtakes Samsung as South Korea’s Most Valuable Company 
Apple Signals Product Price Hikes Amid Rising Memory Chip Costs 
Saudi Aramco Explores Sulphur Business Stake Sale to Raise Billions 
TD Bank Expands Employee Monitoring Software to Boost Productivity Amid Privacy Concerns 
Frank Stronach Found Guilty of Sexual Assault and Indecent Assault in Ontario Court 
John Jumper Leaves Google DeepMind for Anthropic Amid Intensifying AI Talent Race 
BlackRock CEO Larry Fink warned that U.S. inflation will remain elevated due to rising nationalist policies, including mass deportations. Speaking at the CERAWeek conference in Houston, Fink highlighted that markets are underestimating inflationary risks, predicting further cost increases over the next six to nine months.
Fink emphasized that policies restricting the labor force, such as deportations, could severely impact industries like agriculture and construction. He cautioned that labor shortages would hinder critical sectors, including AI infrastructure development, as the U.S. faces a shortfall of skilled workers like electricians. He also raised concerns about the economic consequences of proposed tariffs on trade partners, which could drive up import costs.
"When I go to Washington, when they talk about these policies, at what cost are you willing to tolerate that?" Fink said, underscoring the trade-offs of protectionist measures.
Separately, Fink discussed BlackRock’s recent acquisition deal involving CK Hutchison’s 90% stake in a company operating two key ports near the Panama Canal. The transaction, which is expected to close by early April, is part of a broader agreement giving BlackRock access to 43 ports across more than 20 countries.
"This acquisition expands our global portfolio to 100 ports, marking a significant milestone and opportunity," Fink said, noting that the deal also includes six ports near the Suez Canal.
The Panama government has ordered an audit of the 25-year port concession previously held by CK Hutchison, which remains pending.
Fink’s remarks highlight growing concerns over U.S. economic policies and BlackRock’s expanding global infrastructure investments, positioning the firm for long-term growth despite economic uncertainties.
