Adani Ports & Special Economic Zone’s 2027 note dropped 6.2 cents on the dollar in Hong Kong after hitting fresh lows earlier. As many as four different bonds belonging to different companies of the Adani Group, including that of Adani Electricity Mumbai, fell to distressed levels — below 70 cents on the dollar.
Korean stocks rise 22% in 10 days as chip rally regains steam
The benchmark Kospi gained as much as 4.8% on Thursday, extending its gain from a July 30 low to around 22%. Heavyweight memory chipmakers Samsung