Bloomberg Power Grid Corp. of India Ltd., a state-run electricity transmission company, should sell stakes in its projects to unlock capital for future expansion, according to the nation’s power ministry. The company should cut its balance sheet size to half by selling stakes in projects, power minister Piyush Goyal said in New Delhi on Wednesday. It should consider an ...

  Bloomberg As if investors in Asia’s troubled corporate bond markets don’t have enough to worry about, concern is mounting about whether South Korean shipyards will be able to repay record amounts of debt coming due next year. Yields on bonds of Daewoo Shipbuilding & Marine Engineering Co. and Samsung Heavy Industries Co. have shot up this year. The top ...

  Bloomberg The popularity of Argentine President Mauricio Macri has faded since he took office a year ago, as Latin America’s third-largest economy slid into recession and inflation soared. But his appeal among the nation’s farmers remains as strong as ever. That’s because of the stark difference between Macri and his predecessor, Cristina Fernandez de Kirchner, for an agriculture industry ...