Asian stocks rose for the first time in three days as Hong Kong's benchmark index rallied from its biggest drop in four months and Japanese exporters gained.
Tokyo: Asian stocks were firm on Tuesday after China's latest step to prop up its faltering economy lifted global equities, while the euro was pressured on growing worries a cash-strapped Greece may default on its debt.
Halliburton (HAL) employees are the latest to feel the pain. The company said Monday that it has cut 9,000 jobs over the past two quarters as crashing energy prices have forced it to scale back drilling operations.
Raytheon Co. is buying computer security software company Websense from Vista Equity Partners in a $1.9 billion deal to expand the Waltham-based defense contractor's cybersecurity reach.
Morgan Stanley MS 0.57 % joined many of its largest peers in posting higher first-quarter profits as the Wall Street firm benefited from busy markets and a flurry of corporate mergers.