1The cold snap that has gripped much of the South Island has trapped hundreds of skiers in the Southern Alps for a second day. However the road from Mount Hutt is expected to open soon.

2Bad weather is hindering the search for sixty year old Stan Phillips in the central North Island. Now a member of the search party has also failed to return.

3The High Court in Auckland has rejected a last minute bid to have an independent trustee run the ailing Landbase Securities Limited. Instead it appointed a liquidator.

4Justice Minister Geoffrey Palmer says he is preparing new laws to give investors more protection if companies fail. However, he has also pointed out that investors looking for high returns should expect their investments to be more at risk.

5Reserve Bank Governor Sir Spencer Russell says interest rates for home owners and businesses should come down in line with the sharp drop in inflation.

6Peter Andrian, one of New Zealand's worst serial burglars, has been jailed for seven years.

7There are renewed hopes for the release of three British people, including Anglican Church envoy Terry Waite, who are currently being held hostage in Lebanon.

8At least 17 people have died in the fourth day of clashes between anti-Government demonstrators and Burmese security forces in Rangoon.

9Prime Minister David Lange has again cast down on Finance Minister Roger Douglas'/ economic plans.

10A Canterbury University lecturer believes he has invented a way to prevent computer hackers accessing other people's programmes.

11Ten New Zealanders have been awarded the prestigious Order of New Zealand, which recognises outstanding service.

12Russia has officially thanked a group of heroes from the West, including a number of New Zealanders, for their help during World War Two.

13The Hereford bull known as The Colonel, who gained fame when he visited a china shop in Palmerston North, has died.