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/ 13 August 2007

Wary central banks make fresh cash injections

Central banks in Europe and Japan pumped out tens of billions more dollars on Monday to help commercial banks hit by the United States home-loan sector crisis, as shares bounced back from a turbulent week. The European Central Bank injected another €47,66-billion after putting a record €155,85-billion into the market last Thursday and Friday.

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/ 13 August 2007

Spectacular Martins on target as Africans shine

Nigerian striker Obafemi Martins scored a vital brace, including a spectacular overhead kick, as Newcastle United opened their English Premier League campaign with a 3-1 win at Bolton Wanderers. Martins’s athletic strike was the eye-catching highlight of a busy and successful weekend for African players as the leading European soccer leagues began their seasons.

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/ 13 August 2007

JSE stronger as world markets firm

The JSE was holding on to gains of over 1% at midday on Monday as world markets tread in positive territory after last week’s global credit concerns started to fade. The FTSE was up 1,69%, the Hang Seng added 0,45% and the Nikkei gained 0,21%. At midday, the JSE all-share index climbed 1,10%.

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/ 13 August 2007

Hostage dies of illness in Nigeria

A foreign hostage has died of illness in the oil-producing Niger Delta in southern Nigeria, a source in the Bayelsa state government said on Sunday. The source had no details on the illness, the circumstances of the hostage’s death or his nationality, but said the body was at a hospital morgue in Yenagoa.

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/ 13 August 2007

United lose Rooney in draw with Reading

Champions Manchester United were held to a 0-0 home draw by 10-man Reading and lost England striker Wayne Rooney to a hairline fracture of his left foot in a wretched start to their title defence on Sunday. Chelsea opened their new Premier League season with a record-breaking 3-2 home win over Birmingham City while Arsenal snatched a late 2-1 victory at home to Fulham.