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.
Wall Street rose on Monday, reversing much of the previous session's sharp decline, as China's steps to stimulate its slowing economy and cautious optimism about U.S.
Kaisa's US dollar bonds slipped 2 percentage points to around 56 cents on the dollar on Tuesday morning after the developer confirmed it had missed two interest payments, putting it officially in default.
Raytheon is buying the cybersecurity company Websense from the private equity firm Vista Equity Partners in a deal valued at $1.9 billion, a move aimed at making defense-grade cyberprotection available to businesses.
Lines around the block and mega sell-out as customers waiting for hours at Target to buy the designer's goods. 1:27 | 04/20/15.