Consolidation may cut the number of wind turbine makers in China, the world’s largest wind market, by two thirds in the next five years as oversupply pressures grow, according to an industry association.
Japanese stock-index futures rose as the Standard & Poor’s 500 Index capped its biggest weekly advance since July amid easing tensions over Ukraine and better- than-estimated earnings from companies from General Electric Co. to Morgan Stanley.
The dollar strengthened for a fifth day against a basket of major peers as an agreement to start de- escalating the conflict in Ukraine sent stocks higher and pushed Treasuries down the most in a month.
The Ibovespa advanced for a second straight day as Banco do Brasil SA and Petroleo Brasileiro SA rose on speculation the next Ibope election poll will show reduced support for President Dilma Rousseff’s government.
The Standard & Poor’s 500 Index capped its biggest weekly advance since July and Treasuries fell the most in a month as tensions eased over Ukraine and earnings from General Electric Co. and Morgan Stanley topped estimates.