Apr 23, 2015

Moderate quake rattles N.Z. capital

A moderate magnitude-4.7 earthquake hit the New Zealand capital on Thursday, the U.S. Geological Survey reported, rattling office blocks but causing no apparent damage. The quake’s epicenter was at the top of the South Island at a depth of 22 km (14 miles), the ...

Mar 31, 2015

BOJ should play mysterious

by William Pesek

Arguably no central banker in the world has been bolder and more aggressive about quantitative easing than Japan’s Haruhiko Kuroda. Yet his $700 billion in bond purchases every month have failed to generate the 2 percent inflation targeted by the Bank of Japan: New ...

Mar 24, 2015

Dambusters pilot halts medal sale after peer's donation

The last surviving pilot from World War II’s legendary Dambusters’ mission canceled plans to sell his medals Tuesday after a wealthy British peer intervened, the auction house handling the sale said. New Zealander Les Munro had planned to sell his medals, logbooks and other ...

Cyclone Pam leaves trail of destruction in Pacific's Vanuatu

Mar 14, 2015

Cyclone Pam leaves trail of destruction in Pacific's Vanuatu

Winds from an extremely powerful cyclone that blew through the Pacific’s Vanuatu archipelago were beginning to subside Saturday, revealing widespread destruction and unconfirmed reports of dozens of deaths. Communication systems in many of the hard-hit outer islands remained down, meaning it could take some ...

New Zealand edges rival Australia

Feb 28, 2015

New Zealand edges rival Australia

New Zealand reached the World Cup quarterfinals Saturday in a nail-biting one-wicket win over Australia in an Eden Park classic which saw it almost suffer an embarrassing collapse in pursuit of just 152. Sitting comfortably at 78-1, the Black Caps were crippled by sudden ...