VietNamNet Bridge – The current difficulties of the stock market are just temporary, and investors should keep calm and have medium term vision, said Minister of Finance Vu Van Ninh when talking with the press on the sideline of the National Assembly's Standing Committee session.

GCC money supply surge guarantees high inflation, why no revaluation?

Inflation is always a monetary phenomenon. You hike the money supply and hey presto you will have higher inflation. That the UAE and Bahrain have reported money supply growth of 37% and 36% respectively in January means that higher inflation is inevitable in 2008. Only revaluation could ease this mounting problem. .

4 Your Money

Our CBS4 Your Money Segment showed year-over- year home price declines in January were led by drops of 19.3 percent in Las Vegas and Miami. One real estate firm in South Florida sees bargains in the condo market, and said prices may decline further when adjustable rates reset by summer's end. CONDO VULTURES

According to a South Florida real estate investment group called Condo Vultures.com, the growing inventory of unsold local condominiums is blamed on another 1% drop in prices in South Florida. Analysts explained this summer could get even worse with more foreclosures and newly-built inventory coming on the market. The flip side is if you're in the market for a condo, there are growing discounts out there. Prices dropping the most have been in North Bay Village and Fisher Island. Prices have been leveling off in Aventura, Key Biscayne and Pompano Beach.

SHORT-TERM RATES TO REMAIN STEADY

KUALA LUMPUR, March 27 (Bernama) -- Short-term rates are expected to remain steady today on continued intervention by Bank Negara Malaysia in the money market. The central bank estimated today's liquidity surplus at RM18.682 billion, of which RM14.368 billion were from the conventional system and RM4.318 billion in Islamic funds. In the conventional system, Bank Negara has called for four conventional tenders to borrow RM1.5 billion for two week, RM1 billion for three weeks, RM2 billion for one month and RM2 billion for 46-days. The central bank has also called for two Al-Wadiah tenders to borrow RM500 million for one week and RM1.5 billion for one month. It would also conduct a repo tender of RM1 billion for 60 days. -- BERNAMA SM LES