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Latest New Zealand News more» 
  • BOJ holds steady despite bond turmoil, upgrades economic outlook

    • The Bank of Japan building is pictured in TokyoBy Stanley White and Leika Kihara TOKYO (Reuters) - The Bank of Japan kept policy steady on Wednesday despite concerns over recent volatility in bond market, saying growth is starting to pick up even as risks loomed from an uncertain global outlook. The central bank upgraded its assessment of the economy, saying it "has started picking up," as Prime Minister Shinzo Abe's program of aggressive fiscal and monetary stimulus has boosted sentiment and a weaker yen has halted a decline in exports. ...



  • Former head of J2 Marketing Solutions scheduled to enter plea on wire fraud charge

    • Former Kaneohe resident Jason Pascua, who is charged with using his business, J2 Marketing Solutions, to mastermind a Ponzi scheme that defrauded people out of $1.4 million, is scheduled to appear in U.S. District Court in Downtown Honolulu Thursday afternoon. FBI officials said in a statement that Pascua is scheduled to be arraigned and enter a guilty plea on one count of wire fraud, which is punishable by up to 20 years in prison. Criminal charges against Pascua, 39, were filed in March, for…
  • Rating changed to most powerful EF5

    • The tornado that tore through the Oklahoma City suburbs this week ranks among the strongest storms ever to strike the United States, packing powerful winds that topped 200 mph.
  • Massive search underway for abducted teen in Iowa

    • This photo provided by The Iowa Department of Public Safety shows Kathlynn Shepard, 15. Authorities said Tuesday, May 21, 2013, a man suspected of abducting Shepard and a 12-year-old girl from a bus stop in central Iowa has been found dead, but a search continues for Shepard. Authorities said the 12-year-old girl was able to escape and ran to a nearby rural residence for help. (AP Photo/Iowa Department of Public Safety)DES MOINES, Iowa (AP) — A massive search was underway Tuesday for a 15-year-old girl abducted near an Iowa bus stop, after authorities said a man who is suspected of taking her and another girl was found dead.
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