A sharp drop in commodity prices is raising hopes that inflation is peaking in many parts of the developing world, especially in Asia, providing welcome relief for the fragile global economy.

"Business Roundtable commends the courage and leadership of congressional supporters of the bipartisan Emergency Economic Stabilization Act of 2008 (EESA). This legislation, which affects all working families as well as small and large businesses alike,

Surprising even the most optimistic forecasters, the German economy grew 1.5 percent in the first quarter of this year, delivering its best performance in over a decade despite the global financial crisis and recessionary fears enveloping the United State

NEW DELHI: Economic think tank NCAER on Tuesday forecast the Indian economy to grow by a healthy 8.5 to 8.9 per cent during 2008-09, despite a slowdown in global economic growth and rising commodity prices.

KUALA LUMPUR, May 29 (Bernama) -- Any efforts to undermine the leadership of Prime Minister Datuk Seri Abdullah Ahmad Badawi will bring adverse effects to the country's economy and foreign investors confidence, said Malaysia OIC Trade Chamber president D