In a historic political move, the leaders of the Liberals, NDP and the Bloc Quebecois signed a formal agreement Monday to topple the Tories and co-operate as a coalition government for at least 18 months.
The New Zealand Business Council for Sustainable Development has congratulated National on its election win - and says it looks forward to working with it on major economic and environmental issues.
Most Asian markets soar on Monday, with Hong Kong and Shanghai shares posting across-the-board gains a day after the Chinese government announced a $586 billion economic stimulus package.