These countries are most vulnerable to the emerging market storm

Trouble in paradise: For the past decade, a river of easy money rushed into emerging markets. Now that powerful force is reversing. Rising interest rates, along with trade wars, have started a stampede out of some emerging markets. The Turkish lira and Argentine peso have crashed, while China’s stock market …

Goldman Says India’s World-Beating Stock-Market Run Is Over

Goldman Sachs Group Inc. has called time on the world-beating surge in Indian stocks. The nation’s equity market looks less favorable amid elevated valuations, a potential slowdown in economic growth and upcoming elections, according to Goldman Sachs analysts, who cut India to the equivalent of a hold rating from buy. …

Investors’ Unconditional Love for Emerging Markets Is Fading

Investors are punishing markets where policy makers haven’t done enough to stem deteriorating current-account balances, ballooning inflation and a run on their currencies. They became unforgiving as rising Treasury yields and a stronger dollar put the case for riskier investments in the balance. Money is no longer cheap or plentiful, …

Sensex Has Best Gain in Month as Modi’s Party Leads in Key State

Indian equities rallied the most in a month as vote-counting from elections in a key southern state showed Prime Minister Narendra Modi’s Bharatiya Janata Party leading over the main opposition. The S&P BSE Sensex rose 1.1 percent to 35,933.62 as of 10:19 a.m. in Mumbai, set for the biggest advance …

India’s $35 Billion Government Pension Fund Sees Stock Boost

India’s $2.3 trillion equity market has surged in recent years, and is about to get a new endorsement — from the nation’s pension regulator. “We are pressing the government to increase the equity proportion for government employees, and expect a favorable response very soon,” from the Finance Ministry, Hemant Contractor, …