Tianwei becomes the first state-owned firm to default on onshore bonds. The Chinese power-transformer Baoding Tianwei Group Co., a unit of central- government-owned China South Industries Group Corp. warned it would miss its interest payment due Tuesday. The company will continue to raise cash through asset sales and other means. The default is the second by a mainland company in two days as Kaisa defaulted on its dollar-denominated debt on Monday. http://finance.yahoo.com/news/10-things-know-opening-bell-11130