South Korea’s GDP Growth Cut To 0.3% In Q2

South Korea's economic growth slowed down to 0.3 percent in the second quarter this year compared to previous three months, weighed down by the faltering global economy and the intensifying debt crisis in the euro zone, revised data released by the Bank of Korea Thursday showed.

Is Russia's APEC Summit A $21 Billion Waste?

The government is suspected of having spent billions to promote Vladivostok as a major new hub on the Pacific rim, but there are plenty of doubts about whether that will really happen.

Asian Stocks Decline As US, China Data Disappoint

Asian stock market declined Wednesday as weak economic reports from U.S. and China weighed on the sentiment. Concerns over global economic downturn resurfaced after the Institute for Supply Management (ISM) said that U.S. factory activity contracted for the third straight month in August

Fastest Growth in Services PMI in 6 Months

August saw the Indian private sector business growing at its swiftest in six months. The rapid progress was augmented by development in new business since February amid increasing optimism about the future, according to a survey on Wednesday.

Asian Stocks Fall On Weak US, China Data

Asian markets fell Wednesday as investors' concerns about the weakening global economy was revived by the declining U.S. manufacturing activity and disappointing China's services activity.

Valve, Maker of Steam and Source Software, Turns To Hardware

Bellevue, Wash.-based Valve, the software developer behind the critically-acclaimed Half-Life series, the Steam network for distributing games and the Source engine, is reportedly interested in building hardware. Valve, which was founded by two former Microsoft employees in Gabe Newell and Mike Harrington, added a job posting to its site on Tuesday morning for an industrial designer.

Stimulus Expectations Buoy US Stock Futures

The U.S. stock index futures point to a higher open Tuesday as market sentiment was underpinned by expectations that policymakers around the world will announce stimulus measures to rejuvenate the economic growth momentum.

Gold Hits 5-1/2 Month High on Stimulus Hopes

Gold edged higher on Tuesday to the highest level in more than five months as lacklustre manufacturing data from around the globe fanned speculation of imminent easing measures from central banks.

Asian Stocks Mostly Higher On Stimulus Optimism

Asian stock markets mostly ended higher Monday on hopes that major central banks around the world would soon announce a new round of stimulus measures to tackle the deteriorating global economic conditions.

Asian Stocks Rise On Stimulus Expectations

Most of the Asian markets rose Monday as investors remained hopeful that the world's central banks would announce stimulus measures soon to help boost the global economic growth.