https://www.scmp.com/rss/523797/feed The latest news and top stories on Blackstone. A New York City-based entity in the finance sector, Blackstone specialises in alternative asset management, offering private equity, real estate, credit and hedge fund solutions. It primarily serves institutional and high-net-worth investors and is known for being the world’s largest alternative investment firm, managing over $1 trillion in assets. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Associated Press Associated Press American investors have made a big move into Indian cricket, with two separate billion-dollar deals struck on the same day for teams in the country’s most popular sports league. No team in the Indian Premier League – one of Asia’s most-watched sports events – had ever sold for more than US$1 billion until a consortium backed by United States businessmen Kal Somani and Rob Walton – the former Walmart chairman – agreed on Tuesday to buy the Rajasthan Royals in a deal that Indian media valued at... https://www.scmp.com/sport/cricket/article/3348001/us-investors-bet-big-indian-cricket-separate-billion-dollar-deals-2-ipl-teams?utm_source=rss_feed https://www.scmp.com/sport/cricket/article/3348001/us-investors-bet-big-indian-cricket-separate-billion-dollar-deals-2-ipl-teams?utm_source=rss_feed Fri, 27 Mar 2026 00:00:57 +0000 Aileen Chuang,Peggy Ye Aileen Chuang,Peggy Ye For Hong Kong’s Topaz Family Office, investing in hotels in Japan holds up as a sound decision even as a Middle East war clouds the macroeconomic environment. The wealth manager has made Japan a central plank of its pivot into hospitality and real estate over the past two years, driven by a sharp post-pandemic tourism rebound. The investment thesis now looks increasingly robust thanks to multiple structural tailwinds and a growing pool of institutional capital flowing into the same trade. “Japan... https://www.scmp.com/business/markets/article/3346535/japan-hotels-keep-luring-hong-kong-families-global-investors-despite-geopolitical-strains?utm_source=rss_feed https://www.scmp.com/business/markets/article/3346535/japan-hotels-keep-luring-hong-kong-families-global-investors-despite-geopolitical-strains?utm_source=rss_feed Sun, 15 Mar 2026 03:00:10 +0000 Vincent Chow Vincent Chow Chinese analysts and investors have expressed scepticism about a viral report by a small US research outfit that triggered a major sell-off on Wall Street, saying China could be largely immune to major artificial intelligence disruption, given the low level of digital penetration in the country’s traditional institutions. Citrini Research’s report, published on Sunday, included references to the impact of China’s AI advances. The translated version of the report was widely circulated in Chinese... https://www.scmp.com/tech/tech-trends/article/3344476/chinese-investors-and-analysts-shrug-ai-fears-after-citrini-report-sparks-us-sell?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3344476/chinese-investors-and-analysts-shrug-ai-fears-after-citrini-report-sparks-us-sell?utm_source=rss_feed Tue, 24 Feb 2026 14:15:07 +0000 Cao Li,Cheryl Arcibal Cao Li,Cheryl Arcibal The potential sale of a stake in New World Development (NWD) to new investors will help the embattled Hong Kong-listed developer improve its balance sheet and liquidity, benefiting creditors and shareholders alike, according to analysts. It was reported earlier that New York-based private equity giant Blackstone was interested in investing in NWD, which could take the form of “shareholder loans or direct equity financing, as well as offloading noncore investment properties”, said Jeff Zhang, an... https://www.scmp.com/business/article/3341740/nwd-says-parent-approached-investors-after-report-links-blackstone-stake-sale?utm_source=rss_feed https://www.scmp.com/business/article/3341740/nwd-says-parent-approached-investors-after-report-links-blackstone-stake-sale?utm_source=rss_feed Thu, 29 Jan 2026 16:24:38 +0000 Orange Wang Orange Wang The United States could help stabilise relations with Beijing by scaling back its military activities in the South China Sea and restraining Taiwan, a think tank has suggested. Researchers from the Rand Corporation argued that stabilising the ongoing US-China rivalry was “not only possible but can serve the interests of both sides”. Although they said that the two countries were “very far from even conceptualising how their rivalry could end or be transcended”, they emphasised the need to look... https://www.scmp.com/news/china/diplomacy/article/3329458/can-us-and-beijing-avoid-dangerous-levels-tension-over-taiwan-and-south-china-sea?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3329458/can-us-and-beijing-avoid-dangerous-levels-tension-over-taiwan-and-south-china-sea?utm_source=rss_feed Fri, 17 Oct 2025 13:00:08 +0000 Bloomberg Bloomberg Blackstone hit a US$10 billion target for its latest Asia buyout fund as investors bet an entrenched India presence and expanding footprint in Japan will keep powering strong returns, people familiar with the matter said. The world’s biggest asset manager was set to wrap up fundraising by the first quarter of next year, the people said. The New York-based firm was likely to reach its US$12.9 billion hard cap, the maximum set out in marketing materials, the people said, asking not to be... https://www.scmp.com/business/markets/article/3327730/blackstone-hits-us10-billion-goal-asia-buyout-fund-amid-pe-chill?utm_source=rss_feed https://www.scmp.com/business/markets/article/3327730/blackstone-hits-us10-billion-goal-asia-buyout-fund-amid-pe-chill?utm_source=rss_feed Fri, 03 Oct 2025 04:34:41 +0000 Associated Press Associated Press A man carrying a rifle killed four people at a New York City office tower on Monday, including an off-duty New York City police officer, and wounded a fifth before taking his own life, officials said. The officer who was killed was Didarul Islam, 36, an immigrant from Bangladesh who had served as a police officer for 3½ years, New York Police Commissioner Jessica Tisch said at a news conference. “He was doing the job that we asked him to do. He put himself in harm’s way. He made the ultimate... https://www.scmp.com/news/world/united-states-canada/article/3319912/least-2-people-shot-manhattan-office-building-housing-financial-firms-and-nfl?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3319912/least-2-people-shot-manhattan-office-building-housing-financial-firms-and-nfl?utm_source=rss_feed Tue, 29 Jul 2025 00:00:07 +0000 Coco Feng Coco Feng TikTok owner ByteDance has denied a recent report that it agreed to sell its US operations to a consortium led by Oracle, according to multiple Chinese media. On Monday, Chinese media GeekPark published an article saying that the Beijing-based social media giant had given the nod for a sale to a group led by Oracle, in which it would maintain a minority stake. The article has since been removed. Meanwhile, the company is reportedly working on new versions of the popular short video app, as well... https://www.scmp.com/tech/big-tech/article/3317368/tiktok-owner-denies-accepting-oracle-deal-deadline-approaches-us-sell-or-ban-law?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3317368/tiktok-owner-denies-accepting-oracle-deal-deadline-approaches-us-sell-or-ban-law?utm_source=rss_feed Tue, 08 Jul 2025 09:00:16 +0000