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Finance Minister Bill English will visit Australia next week to discuss global financial developments and closer economic relations issues with senior politicians, central bank officials and business…

The Treasury is dropping the fees for its wholesale guarantee scheme, aimed at ensuring banks can access long-term funding and in turn make credit available for firms and households.

Health workers are worried a review of government spending could see vital services cut. Health Minister Tony Ryall has said any savings will be spent on improving services for patients.

The United States Senate has confirmed President Obama's choice of Treasury Secretary, despite controversy over his personal taxes.

A German expedition to sail in traditional catamarans from the Philippines to Anuta in the Solomon islands is now entering its final stages. The crews are taking two twin-hull canoes...

Asian economies are slowing more abruptly than expected, says a Treasury adviser, which will increasingly affect New Zealand's economy over the course of the year.

US President Barack Obama hopes to sign his $US825 billion economic recovery plan into law in less than a month.

The Treasury has been offered a briefing on new plans by the Australian government to spend $4 billion to finance commercial property developments.

American Samoa's House Commerce Committee has scheduled a hearing for next Friday to discuss how the territory has been affected by the first two increases in the local minimum wage...

President Barack Obama's nominee for US Treasury Secretary, Timothy Geithner, has won Senate Finance Committee backing.

Barack Obama took power as the first black president of the United States president on Tuesday and quickly turned the page on the Bush years, urging Americans to rally to end the worst economic crisis…

Fiat has signed a preliminary partnership deal with the American manufacturer, Chrysler, and will take a 35% stake in the company.

Bailing out or lending to the corporate and banking sector remains an option during the economic downturn, but it is the Government's least preferred choice, says Prime Minister John Key.

The head of the jobs summit on 27 February says increasing productivity will be the focus of discussions.

Government ministers gather at Parliament on Tuesday for the first full Cabinet meeting of the year, with the economic crisis likely to be at the top of the agenda.

The Government's package to stimulate the New Zealand economy is one of the biggest in the OECD, says Prime Minister John Key.

The economy could deteriorate further than predicted by the gloomy official forecast made last month.

Bank of America, the largest bank in the United States, is seeking additional funds from the federal government to help its acquisition of the former giant Wall Street brokerage, Merrill Lynch & Co.

New Zealand Stock Exchange chief executive Mark Weldon will chair the Government's employment summit next month.

The confirmation of US Treasury Secretary designate Timothy Geithner is reportedly in doubt because of questions about tax records and the immigration status of a former housekeeper.

American Samoa Governor says the undersea fibre optic cable project linking his territory to Hawaii is on track to be operating by the second half of this year. Delivering his...

United States president-elect Barack Obama and a key Democratic lawmaker have revealed plans to overhaul the government's $US700 billion financial rescue fund as a way to help struggling homeowners…

Chrysler, General Motors and Ford confirm big falls in their sales of vehicles in the United States for December, making 2008 the worst year for the industry since 1974.

The US Treasury says it has finalised a $US4 billion loan to cash-strapped car manufacturer Chrysler.

The US Treasury has announced a $US6 billion rescue package for the car loan arm of General Motors, GMAC, which is co-owned by Chrysler's owner, Cerberus.