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While you were sleeping Fed opens door to QE easing
US stocks and bonds fell, both giving up earlier gains, after Federal Reserve chief Ben Bernanke suggested the central bank might scale back stimulus measures as early as at its next meeting. "If we see continued improvement and we have confidence that that is going to be sustained, then we could in-in the next few meetings, we could take a step down in our pace of purchases," Mr ...
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Helen Clark moves up ranks of powerful women
UN Development Programme (UNDP) Administrator Helen Clark speaks during a meeting of Resident Coordinators and Resident Representatives of the UN in the Middle East and North Africa, in Rabat March 30, 2012 ...
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Supercity plans nudged by rival merger idea
Source: Photos.com The countdown to a Wellington supercity is about to begin. What has been a slow, lumbering journey towards local government amalgamation in the region got a jolt yesterday when the Masterton, Carterton and South Wairarapa district councils asked the Local Government Commission to merge them into a single entity. In doing so, they started a process that is likely to see ...
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Kiwis booked on worlds first commercial space flight
Virgin Galactic's SpaceShipTwo under rocket power. Photo / AP A number of Kiwis have already stumped up a total of more than $1.8 million to book a place on the world's first commercial space flight. Virgin Galactic hopes to be taking commercial flights outside of the earth's atmosphere by 2014. Eight New Zealanders have signed up with House of Travel already. Expert agent ...
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Enraged pupil sees school go into lock down
Source: ONE News An Invercargill primary school principal who called police yesterday to deal with an out-of-control pupil said it was the sensible thing to do in the circumstances. Classes at Fernworth Primary School were locked down and police called when an agitated 11-year-old boy became aggressive towards other pupils and threw school equipment around the hallway. Principal Anne ...
Movie Review
Night of the Living Dead [DVD]
Night of the Living Dead reinvented the American horror film. Prior to its release in 1968, horror movies were primarily filled with rubber monsters and tin-foil flying saucers, relegated to cheap drive-in theaters where the only people who watched them were teenagers more interested in their dates than what was on the movie screen. ...
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Kiwis fork out over $1.8m for Virgin space flights
Branson confident of year-end space target Kiwi travellers are snapping up the chance to experience a trip of a lifetime, spending more than $1.8 million on space travel. Eight New Zealanders have forked out more than $200,000 each to book a place on the world's first commercial space flights. Tickets are being sold through House of Travel at a cost of $224,000. In an advertisement ...
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Helen Clark ranked 21st most powerful woman
Helen Clark has been ranked as the 21st most powerful woman in the world by Forbes magazine. The head of the UN's development programme is the only New Zealander in the list of 100 women - and moves up from number 50 two years ago and 61 two years before that. It is the ninth time she has featured on the list. Helen Clark is in charge of a budget of almost $6 billion and a staff of 8000 in 177 ...
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Surge in fake notes worries shopkeepers
Photo / NZPA Fake $100 notes are circulating in Auckland, with one group of businesses being targeted repeatedly. Several Otara businesses have received the counterfeit notes with one man recognised by several retailers as someone using the fake money. Bhajnam Kaur, 31, received one at her Chapel Downs dairy on Tuesday. It wasn't the first time and when she spoke to ...
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KiwiRail eyeing asset cash
Labour transport spokesman Ian Lees-Galloway said he was not surprised the Government was tipping more cash into KiwiRail. Photo / Natalie Slade Struggling KiwiRail may soak up almost $600 million - or a tenth of the cash raised from partially privatising state-owned power companies, Budget documents reveal. In last week's Budget, Transport Minister Gerry Brownlee announced ...
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Familys home raid heartbreak
Candy Atkinson says she's horrified such young children could think of destroying her family's home as they have. Photo / Christine Cornege Candy Atkinson and her three children huddle together in a friend's bedroom at night and struggle to sleep a week after a group of kids burgled and trashed their home. Four children, aged just 12 and 13, have been referred to Youth ...
Classic Comments
Nothing will ever completely replace playing the game I love, however I feel like I'm starting a new adventure and I'm genuinely excited about what lies ahead. I'm fortunate to have been given many opportunities throughout my career and now I feel it's my time to give back.
David Beckham
The world's best known footballer was speaking after formally announcing his retirement.
Hotel Review
Grand Hyatt Dubai
I drove up to one of Dubai's newest luxury hotels, the Grand Hyatt Dubai, with it's towers majestically standing watch ...
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