A farm that supplies to Fonterra co-operative group in  New Zealand: Dairy prices slumped to a 12-year low at this week. Photograph: Brendon O’Hagan/Bloomberg

Fonterra Co-operative Group, the world’s biggest dairy exporter, cut the amount it will pay New Zealand farmers for milk to the lowest in at least 10 (...)

Passers-by walk past a stock index board showing various countries' stock price index outside a brokerage in Tokyo today. Photograph: Reuters

A last-minute package of rescue loans that saves Cyprus from a banking collapse and bankruptcy helped push Asian stock markets higher today. (...)