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/ 29 April 2005

‘We need peace and reconciliation’

Chinese President Hu Jintao and Taiwan’s opposition leader met on Friday, holding the highest-level talks since the two sides split amid civil war in 1949, with both calling for an end to decades of hostility. Beijing and Taipei should focus on ”peace, stability and development for the future”, Hu told Lien in a meeting shown live on television.

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/ 29 April 2005

Crusaders take the lead in Super 12

The Canterbury Crusaders scored seven tries in the first 42 minutes on Friday and held on for a 77-34 win over the Sharks in a Super 12 rugby match at Jade Stadium in New Zealand. The Crusaders gave up four tries in 15 minutes in the second half to see their 49-8 lead threatened, before scoring four more tries to restore its emphatic victory margin.

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/ 29 April 2005

A year after big bang, EU stares into a black hole

What a difference a year makes. Twelve months ago, Europe’s leaders celebrated the European Union’s ”big bang” expansion from 15 to 25 states, the continent’s historic reunification half a century after it was ripped apart by war. A year later they are staring into a black hole, and at its centre is a French vote threatening to rip apart their grand plans.

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/ 29 April 2005

MTN shares on the move

Shares in mobile service provider MTN Group collected 4,19% in Friday’s early session on the JSE Securities Exchange (JSE), where it was among the most active shares by value and number of shares traded. Traders attributed the surge to a renewed interest by foreigners.

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/ 29 April 2005

JSE firm across the board

The JSE Securities Exchange (JSE) was firm across the board in noon trade on Friday — this despite a firmer rand and the fact that United States stocks ended lower on Thursday. At noon, the all-share and all-share industrial indexes were up 0,78% and 0,38% respectively.

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/ 29 April 2005

Champions League: Halfway to Istanbul

At the halfway stage in the Champions League semifinals, we’re no closer to knowing who will meet in the final in Istanbul late in May. The first-leg games between AC Milan and PSV Eindhoven and Liverpool and Chelsea were entertaining affairs, and highlighted how important tactics are in European competition.

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/ 29 April 2005

Sappi shares fall on lower earnings forecast

The share price of global pulp and paper producer Sappi fell by 4,3% or R2,89 in early trade on Friday after the company said in its second-quarter results that it does not expect its 2005 full-year earnings to match those of 2004. At 9.50am, Sappi’s shares were quoted on the JSE Securities Exchange at R64,50.