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The Government says it will still invest in infrastructure despite dire Treasury forecasts, although KiwiRail will lose out because it will not get the capital investment promised by the previous…

The Fonterra dairy co-operative is considering going to the financial markets to raise $300 million.

Embryos left over from fertility treatment 'should be used for research'; tens of thousands of people forecast to lose their jobs over the next 15 months; judges get 4.8% pay rise.

US President-elect Barack Obama has promised to strengthen financial regulatory agencies and crack down on runaway "greed and scheming" in an effort to restore stability to a reeling US economic…

The New Zealand dollar has traded at a one-month high - and economists say it could go higher - after Wednesday morning's unexpectedly big cut in interest rates by the United States Federal Reserve.

US stocks rallied after the Federal Reserve slashed borrowing costs to a record low and pledged more unconventional steps to fight the deepest recession in generations.

Treasury has lined up with the Reserve Bank and said the country is coming out of recession, but uncertainty surrounding the outlook for the world economy means it cannot be sure if this will last.

The Government's books are expected to be significantly worse when Treasury issues the December economic and fiscal update on Thursday.

American Samoa's governor has banned the importation and sale of all toys and products from China with excessive levels of lead. Togiola Tulafono says the U.S. Consumer Product Safety Commission...

There appears to be no movement to prevent nearly 21 million US dollars in an escrow account for landowners at a key American missile test facility being returned to the...

Infrastructure Minister Bill English said the Government will not be acting on proposals in a briefing paper to make it easier for land to be compulsorily acquired.

US stocks fell on Tuesday as profit warnings prompted investors to retrench after two days of big gains.

Labour Party finance spokesperson David Cunliffe says the Government must make its economic strategy clear following its rejection of some of the Treasury's advice.

The Government may have to guarantee up to $40 billion of borrowing by New Zealand based banks in the next six months to ensure there is enough cash to keep the economy going. Audio

A report on Friday expected to show the biggest monthly US jobs loss in 26 years is set to pile more pressure on America's central bank to slash rates again and add urgency to an automaker bailout as…

The public finances have got worse in the first four months of this financial year, as investment returns from government agencies go deeper into the red.

Finance Minister Bill English on Thursday rejected much of the advice he has received from the Treasury.