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As stocks tumble, Indian pharma, Taiwan tech lure smart money| Reuters

Sep 03, 2015    

SINGAPORE Asias tumbling stocks have triggered an exodus of funds from the region, but some investors say the sell-off has been indiscriminate and that certain stocks offer compelling buying opportunities. The downturn in equities has been exacerbated by steep falls in Asian currencies, which have taken multiple blows from a sputtering Chinese economy, the unexpected 2 percent devaluation of its yuan currency on Aug. 11, and expectations the U.S. Federal Reserve will raise rates by year-end. Fears the China growth woes could knock the global economy have spread turmoil in world financial mark...

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