Morning Report

Some of the world's largest banks are to be fined more than 7-billion dollars for colluding to manipulate foreign currency rates. Audio

New Zealand begins its test series against England tonight at the home of cricket, the Lord's ground in London. Audio

The Prime Minister says New Zealand soldiers will not be withdrawn from Iraq, even if Islamic State reaches Baghdad. Audio

The Finance Minister, Bill English, delivers his seventh Budget this afternoon in the face of criticism the Government is breaking its promise to get its finances back into surplus this year. Audio

The early posting of an invitation to property developers has let the cat out of the bag about what the government plans to do to increase land supply in Auckland. Audio

An update from the team at RNZ Sport. Audio

April minutes from the Federal Reserve reveal officials believe it is premature to raise interest rates in June. Audio

Jade Software is planning to return to profitability in three years, following strong revenue growth. Audio

Goodman Property Trust says interest for business premises remains strong. Audio

Some of the world's biggest banks have agreed to pay fines of 5.7 billion US dollars for manipulating foreign currency markets. Audio

The carpet maker, Cavalier Corporation, is now predicting a full-year loss, and has appointed a new chief executive. Audio

An economist says dairy prices are likely to remain subdued for most of the year. Audio