Rajoy Delays Seeking Spain Bailout

Prime Minister Mariano Rajoy delayed seeking a second rescue for Spain while pledging to continue bailing out its regions as Valencia requested more money to settle bills and cover debt.
Kaisa Defaults on U.S. Dollar Debt
54:40 - Shenzhen developer Kaisa has become the first real estate company in China to default on U.S. dollar debt. Bloomberg’s Christine Hah reports on “First Up.” (Source: Bloomberg)
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