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/ 29 June 2007

iPhone expected to boost smartphone market

The release of Apple’s much-ballyhooed iPhone on Friday is expected to give a boost to the emerging market for multipurpose cellphones and possibly even help rival ”smartphone” devices. The global market for smartphones will this year reach 10% of the one billion cellphones sold worldwide according to analyst firms Canalys and IDC.

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/ 29 June 2007

JSE retracing from firm opening

The JSE was firmer in the morning, but started retracing at about midday on Friday. However, traders expect the market to strengthen near the day’s close. At noon, the all-share index was down 0,69%. Resources weakened 0,99%, while gold and platinum indices fell 1,15% and 1,52 % respectively.

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/ 29 June 2007

Bush carves out legacy with Supreme Court

Facing stirrings of Republican revolt over Iraq and domestic policy disappointment, United States President George Bush can at least point to the Supreme Court for an enduring legacy. The US’s ultimate constitutional arbiter has tilted rightwards under Bush — a shift that could endure for decades.