The Commerce Commission says it's investigating the sale of "Credit Sails" bonds, which crashed during the global financial crisis.

The Belgian Finance Minister has hinted that the €750 billion ($1.3 trillion) EU bailout fund could be increased, in a further sign of the confusion and discord over the best way to tackle the Eurozone debt crisis.

I don't want a friend - just a bank that knows its place.

Stocks in Europe and on Wall St surged overnight to start the final month of the year with an optimistic view that central banks and policy makers were committed to shoring up economic growth.

John Key has slammed bureaucratic pin-pricking over the proposed NZ financial services hub as "absolute rubbish" and stepped in to put the project on the fast-track.