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Banks have reopened in Cyprus, after an unprecedented 12-day lockdown during the country's continuing financial crisis.

Newly released papers show the British government was deeply divided in private about the decision to try to re-take the Falkland Islands from Argentina in 1982.

The International Monetary Fund says the Government and the Reserve Bank are on the right track to deal with the challenges that face the domestic economy, but the country would be vulnerable to large…

An Egyptian court on Sunday postponed hearing a state appeal against a ruling it made this month which scuppered parliamentary elections and deepened political uncertainty during an economic crisis.

Japan has marked two years since the devastating earthquake and tsunami that killed more than 18,000 people and triggered a nuclear crisis.

West Coast dairy farmers face an early end to the milking season; gridlock after 4pm crash on Auckland southern motorway; Wellington company helping an American professor build a telescope to search…

A Nauru Government spokesperson says the speaker of parliament may have set a dangerous precedent if he does not reconvene the House. Yesterday, the Chief Justice Geoffrey Eames QC declared...

The New Zealand share market rose 0.7% on Wednesday, following strong performances in American and European markets. Audio

Former Prime Minister Silvio Berlusconi of Italy says all political parties will need to make sacrifices to form a government, after parliamentary elections ended without a clear winner.

The Government has faced questions in Parliament about what actions it took to halt the financial decline of state-owned coal company Solid Energy. Audio

Reserve Bank of Australia governor Glenn Stevens says he is comfortable with the current setting of the cash rate, although there are still concerns abroad that are keeping rates low.

Demonstrations have been held in Spain in support of a proposed bill to end evictions of homeowners ruined by the economic crisis.

Pope Benedict XVI is to step down as head of the Catholic Church, saying he is no longer strong enough to fulfil his duties. It is the first papal resignation since 1415. Audio

Newly released documents from the United States' central bank, the Federal Reserve, suggest it underestimated the threat of a global financial crisis as the first signs emerged five years ago.

The International Monetary Fund says New Zealand's banks could withstand a collapse in house prices on the scale experienced in Ireland and still meet global standards for capital.

Democrats and Republicans in Washington are mulling their next move to avert a crisis arising from automatic tax rises and drastic budget cuts in January.

US President Barack Obama has nominated veteran US senator John Kerry to replace Hillary Clinton as Secretary of State.

Intense bargaining to avoid a US fiscal crisis appeared to stall on Wednesday as critical a year-end deadline nears.

Listed wood producer Tenon says it has one eye on growing its Australian and Chinese markets, as its key US market slowly recovers.