business - "market"

A dramatic imbalance between the funding patterns of US and European banks might be fuelling the continued tensions in money markets, new research by central bank officials has found.

THE international banking market expanded in the fourth quarter of 2007, as new credit to Asian, African and Middle Eastern emerging markets offset impact of the financial turmoil in mature markets, the Bank for International Settlements (BIS) said overnight.

The UK-based IT security consultancy could make a second attempt at a market flotation, possibly in the US, when markets recover. It is likely to report forecast-beating earnings

Nigeria and Kenya have given a lukewarm reception to Johannesburg stock exchange's plan to attract companies from the rest of Africa to list on its market

The Kuwait and Qatar markets hit record highs today, following rises of 1.4% and 0.5% respectively. Doha approached 12,300 points, while Kuwait neared 15,300 points. Other Gulf markets dropped, with Bahrain the biggest loser, declining 0.81%. The Abu Dhabi Securities Exchange closed down 0.65%, Dubai Financial market 0.53%, Muscat 0.50% and Saudi Arabia 0.28%.

The Kuwait and Qatar markets h

Lenders stung by the housing bust are slashing prices dramatically to rid themselves of an unprecedented number of foreclosed properties, sparking bidding wars in some places that harken back to the market's go-go years and may signal the bottom is near.

Wall street may be in for a rocky ride this week as investors recall Friday's triple threat -- oil at a record above $139 a barrel, a troubling unemployment report and the stock market's 3 percent drop -- while they await inflation data for May.

THE Australian share market is unlikely to escape unscathed this week after wall st suffered its biggest one-day loss in 15 months.

NEW figures from the Real Esta