LIFE'S A BEACH: A donkey rests as a ship carrying five Super-Post-Panamax cranes arrives in Cartagena in Colombia. The new high capacity cranes are part of an expansion plan that will increase the port's capacity from 3 to 4 million containers per year. (Joaquín Sarmiento, AFP)
In other news
If oil prices remain around $50 for the rest of the year, 2015 will be the fifth time real prices have fallen more than 50% in the space of less than three years.
Greek stocks were nearly 4% down in midday trade in a turbulent week on the Athens exchange, after the end of a five-week shutdown sparked the biggest drop.
Greek residential property prices have declined at a faster pace in the second quarter than the first, as Greece's slide back into recession hit household incomes.
Europe's main stock markets have risen at the start of trading, with all eyes on the US economy and interest-rate outlook.
The parliamentary spokesperson for Greece's ruling party has urged it to unite behind a new funding agreement, saying the country wants a full bailout immediately.
Oil prices have risen in Asia as dealers predicted the latest US crude stockpiles and production data will point towards upbeat demand in the world's top crude consumer.
US stocks finished lower following a mixed batch of earnings reports and another big decline by technology giant Apple.
The resource sector has performed dismally since the start of the year and prices are on the decline, says OAM in its weekly overview of the SA economic landscape.