Private-equity and hedge funds are accumulating shipping debt at the fastest pace since they began buying the risky loans from banks two years ago, raising prospects of the firms eventually owning the vessels.
GCL-Poly Energy Holdings Ltd., the world’s biggest polysilicon maker, fell the most in two weeks in Hong Kong trading after China set a lower-than-expected target for installed solar capacity this year.
Power Assets Holdings Ltd., controlled by Asia’s richest man Li Ka-shing, reduced the size of an initial public offering of HK Electric Investments and will sell almost a fifth of the electricity supplier to State Grid Corp. of China.
Michael Parker , an analyst at Sanford C. Bernstein & Co. in Hong Kong, comments on efforts by Tokyo Electric Power Co. to restore power to the cooling systems of reactors at the Fukushima Dai-Ichi nuclear plant in northern Japan.
GCL-Poly Energy Holdings Ltd., the world’s biggest polysilicon maker, rose the most in more than seven months after prices of the raw material used in most solar panels advanced to the highest since October 2012.
Al Gore seems to be having a sort of come-to-Wall-Street moment, and he’s not alone. If some analysts are right, fossil fuels are about to get sucker punched. Peak coal? Peak oil? Peak fossil fuels? It all depends on China.