Greenko Group founders are reducing their acquisition of Orix Corporation’s stake due to tightening credit markets. They now aim to raise $610 million to purchase 17.3% of the holding company, down from the initially planned $800 million for a 20% stake.
South Korea’s Kospi rockets 17% after massive 3-day selloff. What’s behind the surge?
The KOSPI was up 17% at 6,549 points after tumbling nearly 17% over the previous three sessions, marking one of its steepest weekly declines, as