The International Monetary Fund called on New Zealand to reconsider a controversial plan to ban foreigners from buying residential property, warning the move could discourage foreign direct investment necessary to build new homes.
Malaysia has arrested more than a dozen members of an alleged people trafficking syndicate after intercepting a ship carrying 127 Sri Lankan refugees believed to be bound for Australia and New Zealand, authorities have said.
Air New Zealand Ltd (AIR.NZ) said on Thursday “two recent events” involving Rolls-Royce Holdings PLC (RR.L) Trent 1000 engines had prompted it to cancel and delay some international flights over the coming weeks, making it the latest airline to experience problems.
Dozens of refugees have left a shuttered Australian camp in Papua New Guinea (PNG) but hundreds more are refusing to move, detainees said Sunday, as New Zealand’s leader repeated an offer to resettle some of them.
The successful launch of a low cost, 3D-printed rocket is an important step in the commercial race to bring down financial and logistical barriers to space while also making New Zealand an unlikely space hub.