Panama papers

John Key keeps lid on hidden billions video

John Key has described criticism of New Zealand's foreign trust laws as a media beat-up.

Foreign trusts lobbyists seem to have watered down a NZ bill on better disclosure of the origins of secret cash.

Govt accepts foreign trusts plan video

Tax expert John Shewan has called for a shake up of New Zealand's laws around foreign trusts.

John Key accepts foreign trust rules need a radical overhaul following warnings not enough's being done to counter money laundering.

Judgment day for trusts video

The foreign trust inquiry by John Shewan has helped the Government save face.

NZ's foreign trust regime is a good little earner for some, but time may be running out.

Mossack Fonseca staffer held

Geneva prosecutors led a police raid of Mossack Fonseca's local office in which computer equipment was seized.

Computer specialist at the Panama law firm is taken into custody over huge leak.

Pedro Almodovar's Julieta video

Director Pedro Almodovar leaves the Juliet' premier.

"If the Panama Papers were a film," the acclaimed Spanish director said, "we wouldn't even be credited as extras."

World

Fears Trump could crash stockmarket

Professor Robert Shiller has serious concerns about Donald Trump's presidency.

Nobel prize-winning economist details grave fears over what Trump could do to the US economy.

Vegemite bought back by Aussies

Vegemite sales have been declining and Bega will look to market it as a spread that can be eaten at more times of the day.

The spread Kiwis love to compare to Marmite is Australian again as Kraft offloads it in $484m deal.

China-London freight train arrives video

The first freight train to travel from China to Britain arrives at a welcoming ceremony.

Quicker than sending goods by sea and cheaper than transporting by air.

Welcome to Trump's economy

How will the US economy - and the world economy - fare under a Trump presidency?

Trump's promised a lot. But can he make the US economy great again?

Ad campaign too rude for some video

An image from Marisa Taschke's shoot for Volley sandshoes.

An Aussie company cops a serve from Christian lobby for using sex to sell tennis shoes.

World's most expensive cities

In Hong Kong it now takes more than 30 years with the local median income to buy a 90sqm apartment.

For all the talk of how much it cost to buy a house in Auckland, the most expensive major cities in the world are all in Asia.

Super cost of super city move

Why relocate to Auckland, when you could move to a famous wine region, or a major fashion capital?

Auckland among world's 25 most expensive cities to relocate to - more costly in the first month than Milan.

$1.17m painting a fake, seller uncontactable

Saint Jerome is now thought to have been made nearly four centuries after its purported Italian artist Parmigianino died.

Man who sold Italian Old Master's 16th century painting for $1.17m at auction uncontactable as it's declared a forgery.

Bank's US$7.2b settlement

Deutsche Bank CEO John Cryan cut a deal for $7.2 billion to settle allegations related to the sale of mortgage-backed ...

Deutsche Bank admits to misleading investors as part of settlement with US Justice Department.

Meet the Hydrogen Council video

Hydrogen-powered cars have gained loyal if microscopic followings in California.

Toyota plans to rid 90 per cent of carbon dioxide emissions from its vehicles by 2050.

GM's $1.3 billion investment in US video

General Motors said the decisions being announced "had been in the works for some time".

US President-elect Donald Trump thanks motoring giant after confirmation of plans.

The UK car industry after Brexit? video

Britain's Prime Minister Theresa May suggested the car industry may be able to retain elements of the free trade terms ...

Calls for Britain to keep tariff-free EU trade after exit from single market.

Beware the global skills shortage

CEOs are worried about finding staff with science, technology, engineering and mathematics skills.

Forget political volatility, it's the global skills shortage that has CEOs concerned.

Fired after correcting student's spelling

Katie Nash was fired from her job after correcting student's spelling in a tweet.

Kate Nash was "loving her job" one minute, then a week later the social media coordinator was fired.

BMW unfazed by Trump threat video

Donald Trump: "I would tell BMW, if they want to build a factory in Mexico and sell the cars in the US without paying a ...

German car giant not changing plans to build plant in Mexico despite US President-elect's import duty threat.

Trump threatens BMW video

U.S. President-elect Donald Trump said BMW should build its new car factory in the United States because this would be ...

President-elect will impose border tax if cars are exported to US from a new Mexican plant.

Italy snubs Germans on Fiat

Fiat-Chrysler is under investigation by the US Justice Department over its alleged failure to disclose software that ...

Germany wants a closer look at Fiat Chrysler Automobiles NV's vehicles to ensure they meet European emission rules.

Man pays US$3K tax in coins

A US penny is one cent, so $3000 comes to 300,000 coins.

"If they were going to inconvenience me then I was going to inconvenience them."

Monster Energy sued by dad

Other people had suffered cardiac arrest following "acute consumption" of Monster, the suit claimed.

The father of a US teenager is suing Monster Energy after his son died in 2015.

US$1b penalty for Takata

Faulty Takata air bags have been linked to at least 16 deaths worldwide.

The Japanese air bag maker has pleaded guilty to criminal wrongdoing.

Trump – the beginning of the end?

Donald Trump’s inauguration this week will be as notable for those absent as for those present. We report from the Divided States of America.

'Obama will fight on'

Barack Obama wipes away tears as he delivers his farewell address in Chicago, Illinois.

OPINION: He was a boy. Fresh out of college. He worked on Chicago's impoverished south side, fighting for a job centre and clean water.

Alba's company recalls baby powder video

It's the latest problem to hit the business which claims to provide healthy living alternatives for parents.

It's the latest problem to hit the business which claims to provide healthy living alternatives for parents.

Nintendo Switch to launch in March video

Nintendo's Yoshiaki Koizumi introduces the Switch, its new game console, at its presentation ceremony in Tokyo, Japan.

Nintendo unveil new Switch console, which alternates between a home and mobile gaming system.

Samsung heir's 22-hour grilling video

Lee Jae Yong, vice-chairman of Samsung, at the office of the independent counsel in Seoul, South Korea.

Top prosecutor known as the "sniper" subjects Samsung executive to a sleepless night of questioning.

Australia: TPP not dead

Australian PM Malcolm Turnbull is due to meet Japanese leader Shinzo Abe.

Australian officials insist it is premature to assume the TPP deal is all but dead.

Heading for a global market meltdown?

Bank of America calls it the Icarus Trade: Global stock markets will surge another 10 per cent in a parabolic "melt-up" ...

OPINION: Beware the Icarus Trade, a market "melt-up" followed by a mirror "melt down".

Mogul set up pals for his 62 fines

Serial fraudster Stephen Larkin was once one of Australia's richest people, but now he's going to jail for more than 100 ...

He was once one of the richest men in Aussie, now he's being punished for blaming others for dozens of his traffic offences.

Amazon plans 100K jobs

Amazon's workforce has surged from 30,000 to 180,000 in five years.

Amazon's hiring plans are in stark contrast with many retailers which are cutting jobs and closing stores.

China's finally cracked it

Ballpoint pen.

After years of trying, China has finally figured out how to make one of the most common items in the world.

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