Greece's prime minister voiced hope that bailout talks between the cash-strapped country and its international creditors are "very close" to an initial deal, and ruled out early elections if the dragging negotiations fail.
Asian stocks scaled fresh seven-year peaks on Tuesday as Apple's upbeat earnings offset underlying caution ahead of the Federal Reserve's policy meeting scheduled to start later in the session.
... * CSI300 -0.6 pct; SSEC: -0.3 pct; HSI: -0.1 pct. * Banks surge on speculation the central bank may buy assets. * ChiNext shares slump on valuation concerns.
Imperial Capital analyst Bob McAdoo came out today with his views on American Airlines Group Inc (NASDAQ:AAL), following the company's release of its first quarter results.
AMSTERDAM�Koninklijke Philips PHG 1.38 % NV on Tuesday posted a 28% fall in first-quarter net profit, hurt by costs related to the separation of its lighting activities, even as it recorded a rise in comparable sales for the first time in five quarters.