“Fund managers are bailing on emerging markets, commodities and energy-related stocks at a record pace, suggesting that capitulation could be at hand, according to the latest fund-managers survey from Bank of America Merrill Lynch,” MarketWatch reports. Fears on Greece have been replaced by fears of Chinese recession / EM debt crisis. This has manifested … Continue reading
“Japan’s Softbank Corp is to team up with Bharti Enterprises and Taiwan’s Foxconn to invest about $20 billion in solar projects in India as the country steps up efforts to boost the renewable energy sector,” The Times of India reports. “Softbank, which has said it will invest $10 billion in India over time, said on … Continue reading
“SunEdison* plans to invest $15 billion in India by 2022, a top executive said, as the renewable-energy company seeks to deepen in its foothold in a country where power producers have struggled to meet demand,” MarketWatch reports. “We believe much of the growth in renewable energy in the next 15 years will be from emerging … Continue reading