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/ 23 October 2007

JSE stays firm after Wall Street rally

The JSE remained firm at noon on Tuesday, spurred by Wall Street’s overnight rebound and firmer European markets as risk aversion eased. Miners lifted the main index, buoyed by a recovery in commodities prices as metals investors chased after bargains following Monday’s sharp losses, while a slight weakness in the dollar added to the upbeat mood in the metals complex.

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/ 23 October 2007

No tourist hordes yet for China’s ‘red city’

It is remote, virtually surrounded by desert, and its only claim to fame is as a fleeting player in the founding of Communist China — but Ulanhot wants its slice of the multibillion-dollar ”red tourism” pie. Trouble is, for all the lovingly restored old buildings and spic new exhibitions, the masses just aren’t yet coming to this far-flung Inner Mongolian settlement, whose name literally means ”red city” in Mongolian due to its Communist connections.

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/ 23 October 2007

Australian PM takes walks on the wild side

A looming election has turned Australian Prime Minister John Howard’s traditional morning stroll into a walk on the wild side. Television satirists have popped up in his path dressed as rabbits and worms — both well-known political creatures here — while ordinary passers-by have taken to hurling insults at him.

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/ 23 October 2007

Perfect end to dramatic F1 season

It was a fitting climax to a dramatic season. The Brazilian Grand Prix followed form with an upset finish — Kimi Raikkonen of Ferrari taking the final race of the season to vault past McLaren teammates Lewis Hamilton and two-time world champion Fernando Alonso for the title.