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Nikkei Stock Exchange

Asian Markets Rise On Draghi’s Comments

Asian markets rose Friday as investor sentiment turned positive following the promise from European Central Bank to take necessary steps to save the euro zone from collapsing.
The Westin Lombard Yorktown Center, a hotel of the Starwood chain, is pictured in Lombard

Starwood Hotels Remains Bullish On China

Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT), which operates the Sheraton, Westin and W hotel brands, is moving ahead with its expansion in China, even as the world's second-largest economy suffers a recent slowdown in growth.
Asian Shares

Asian Stock Market Advance On Easing Hopes

Asian stock markets advanced for the first time in five days on Thursday as disappointing U.S. housing data boosted hopes for further monetary stimulus from the Federal Reserve.
Foreign currency dealers from the Korea Exchange Bank are seen in front of a monitor displaying the current Korea Composite Stock Price Index (KOSPI) at the KEB in Seoul

South Korea's GDP Growth Slows Down To 0.4% In Q2

South Korea's economic growth slowed down to 0.4 percent in the second quarter compared to previous three months, weighed down by the faltering global economy and the intensifying debt crisis in the euro zone, data released by the Bank of Korea Thursday showed.

UPS, DuPont, TI - Latest To Trim Outlook After Q2 Earnings Reports

Global economic uncertainty and the dreaded fiscal cliff have taken a toll on American consumer demand, affecting second-quarter revenues and urging companies to dim their forecasts. DuPont and Co, Texas Instruments, Inc. and United Parcel Service, Inc. are the latest to do so.
Caterpillar Machines In Hammond, Ind.

Caterpillar Inc. (CAT) Q2 Profit Rises, Lifts 2012 Forecast

Caterpillar Inc. (NYSE: CAT), the largest maker of construction and mining equipment, reported a 67 percent jump in its second-quarter profit that topped analysts' estimates and boosted its full-year outlook as demand increased from North American builders and overseas miners.

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