ORGANIZATION

Elon Musk offers to buy Twitter, take it private

Elon Musk has offered to buy Twitter and take the social media company private to help it realize its “potential to be the platform for free speech around the globe,” according to an SEC filing.

BlackRock plans first China ETF product this year

Currently, the U.S. firm manages overseas assets of a handful of China's large state-backed investors such as the country's sovereign wealth fund and national pension fund via offshore units, as all products sold are foreign-domiciled.