BlackRock is making changes at the top as the $6.4 trillion manager continues its pivot towards Asia-Pacific

BlackRock US global investment giant BlackRock has appointed Geraldine Buckingham as chair and head of BlackRock Asia Pacific, as the $ 6.4 trillion manager continues its Asia-Pacific pivot. Buckingham, global head of corporate strategy at BlackRock, will succeed Ryan Stork from February 2019. The shift comes as BlackRock continues to consider Asia-Pacific as one of its […]

China inches towards stimulus as the economy slows

WHEN Wang Xianchen, a Chinese official in the early 1500s, tired of the scheming of imperial politics, he returned to his home in the southern city of Suzhou for a simpler life. He planted gnarled trees and built up rocky islets, creating what he called the “Humble Administrator’s Garden”, a fine place for tranquil contemplation. […]

Like Manual Transmissions, Handbrakes Are Also Hurtling Towards Extinction

We’ve long bemoaned the death of the manual transmission. But with few practical advantages other than being more enjoyable to a limited subset of the population, it’s quickly (and understandably) slipping into obscurity. It’s not alone. Based on research conducted by online automotive marketplace CarGurus, the good ol’ handbrake is also rapidly losing relevance as […]

Super Typhoon Mangkhut is hurling winds at speeds of 180 mph towards 37 million people across Asia

AP Photo/Aaron Favila Super Typhoon Mangkhut is hurling through the Pacific, boasting 180 mph winds threatening millions of people across Asia in what is estimated to be one of the strongest systems on record.  Nearly 37 million people are estimated to be in the storm’s path, according to the Global Disaster Alert and Coordination System.  Mangkhut, […]

Deng takes step towards NBA deal

SWINGMAN Deng Adel could join the swag of Australians in the NBA after signing a training camp deal with the Minnesota Timberwolves. And if he doesn’t there’s a spot waiting for him with NBL champions Melbourne. The 22-year-old, who was born in South Sudan but raised in Melbourne where he played most of his junior […]

Is it safe to visit Hawaii? Latest travel update as Hurricane Lane sweeps towards islands

Hurricane Lane is heading towards Hawaii at speeds of over 150mph making the Hawaiian islands very vulnerable, the latest bulletin from the National Oceanic and Atmospheric Administration (NOAA) revealed. This is the latest travel advice. The category five storm is the second on record to pass within 350 miles of Hawaii, USA, as it approaches […]

Amazon just hit an all-time high as it inches towards becoming a $1 trillion company (AMZN)

Chip Somodevilla/Getty Images Amazon could follow Apple in hitting a $ 1 trillion valuation.  Shares hit an all-time high on Thursday and many on Wall Street say it’s poised to hit the milestone. Follow Amazon’s stock price in real-time here.  Shares of Amazon climbed 0.8% on Thursday, hitting an all-time high of $ 1,899.96, as […]

The market for driverless cars will head towards monopoly

THE race to bring driverless cars to market is fierce and crowded. All the leading carmakers are in the field: on May 31st SoftBank’s Vision Fund said that it would invest $ 2.25bn in the autonomous vehicle (AV) arm of General Motors. So are tech upstarts, from Uber to Tesla to Waymo, Alphabet’s self-drive division […]