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European shares ended higher on Wednesday ahead of a vote by the US Senate on a revised $US700 billion financial sector bailout plan.

The New Zealand sharemarket has followed Wall Street's lead in reclaiming some of the previous day's losses. "Shareprice euphoria" is expected to continue for the rest of the day.

Stocks in the United States plummeted on Monday after the US House of Representatives rejected a $US700 billion bailout plan for the financial-sector.

Saturday marked 60 years since Radio New Zealand International began shortwave broadcasting across the Pacific. Audio

The Dow and S&P 500 edged lower on Wednesday due to uncertainty about when Congress might approve a proposed $700 billion financial sector bailout.

In a sombre ceremony outside the Pentagon, US President George Bush dedicated the first major September 11 memorial on Thursday, the seventh anniversary of the attacks that killed nearly 3,000 people.

Stocks in the United States have plunged as concern about Lehman Brothers' ability to raise new capital revived fears about the broader financial sector.

New Zealand Opera says it needs urgent funding from the Auckland City Council or it may be forced to close. Creative NZ will contribute $125,000 if the council gives $90,000.

European shares closed lower on Tuesday - a day after a federal takeover of the Fannie Mae and Freddie Mac mortgage companies in the United States.

Tickets for the first concert in New Zealand by Kylie Minogue sold out in 19 minutes on Tuesday. Concerts in Melbourne and Sydney took two minutes to do the same on Monday. Audio

Stocks in the United States rose on Monday after a federal takeover of the Fannie Mae and Freddie Mac mortgage finance companies on Sunday. However, trading volume was light on the NYSE.

European shares rose strongly on Monday, after the US government took over the Fannie Mae and Freddie Mac mortgage companies on Sunday.

Markets in Asia and the Pacific reacted positively on Monday to news that the United States government will bail out troubled mortgage giants Fannie Mae and Freddie Mac. The federal takeover is one of…

A big rockslide in the Egyptian capital, Cairo, has killed 31 people and injured 23 others.

The New Zealand police officer who was attacked with a machete while on duty in Solomon Islands had encountered a group of wanted criminals.

The Dow and S&P 500 rose on Thursday as energy stocks were driven up by rising oil prices. But fears of more credit losses pushed the Nasdaq into negative territory. Trading was light on the NYSE.

European shares fell on Thursday to their lowest close since 4 August. However, the Dow and S&P 500 rose on Wall Street in light trading.

Stocks in the United States fell for a second day on Tuesday over fears about home finance firms Fannie Mae and Freddie Mac. Trading volume was light on the NYSE.

European shares dropped 2.5% on Tuesday to their lowest closing level in two weeks after a steep jump in core US prices and weak US housing data.

Stocks in the United States rose in thin trade on Thursday after another decline in the price of oil. Financial shares also bounced back.

European shares ended higher on Thursday after a choppy session, amid a recovery in commodity prices.

Stocks in the United States fell on Wednesday, as persistent concerns about the credit crisis hurt bank shares and oil prices rebounded.

Stocks in the United States tumbled on Thursday after another big loss by insurer American International Group. However, trading volume was thin on the NYSE.