New Zealand's economy probably slowed from its surprisingly robust first-quarter pace in the second three months of 2011 as construction stayed weak and manufacturing continued to tread water.

Tuition fees at New Zealand universities are among the highest in the world, according to a new report. New Zealand had the seventh-most expensive tuition fees for universities, with entrants paying more than $3600 a year.

This is not a Rugby World Cup mug.

The volume of manufacturing sales fell 0.7 per cent in the June 2011 quarter, after a 1.4 per cent rise in the March 2011 quarter, Statistics New Zealand said today.

An estimate of 160 billion barrels has companies scrambling to drill in pristine ecosystem, writes Michael McCarthy.

Those who think that the Euro will disintegrate are not fully aware of the dynamics of the European Union, the EU Commission President Jose Manuel Barroso said in Auckland today.

US shares rebounded overnight, as investors applauded signs on both sides of the Atlantic that government fiscal problems are getting solved.