Vittorio Hernandez

3031-3060 (out of 7523)

Vittorio Hernandez completed a degree in Economics and studied Public Administration, as well as Development Communication. He has been writing business and general news for various publications for decades now. He joined IBTimes Australia in September 2011. He may be reached at v.hernandez@ibtimes.com.au.

@vitthernandez ibtimesau

Global Markets Overview –11/1/13

Reading the moves on the market yesterday I was struck by how limited the moves really were and the tepidness of volumes throughout the entire market.

Australian Stock Market Report – Morning 11/1/13

In US economic news, the Chicago PMI surged from 55.7 to 65.9 in October. This was a high since March 2011. The main driver of the jump was a surge in orders from 58.9 to 74.3. Production jumped from 58.0 to 71.1 and employment lifted from 53.2 to 57.7. Initial jobless claims dipped from 350k to 340k in the past week.

Australian Stock Market Report – Midday 10/31/13

The All Ordinaries Index (XAO) lost ground from the start of today's trading session hit by weakness in the banking sector. Overnight the US Dow Jones Index overnight, closed weaker after the latest statement from the US central Bank (The Federal Reserve) showed little change over the last month.

NSA Spying Includes Pope Francis, Vatican?

It was not just German Chancellor Angela Merkel and 34 other world leaders whom the U.S. National Security Agency spied on. Even the seat of the Roman Catholic Church, Vatican City, and its head, Pope Francis, were not spared, according to Panorama magazine.

Australian Stock Market Report – Morning 10/31/13

In US economic news, consumer prices rose by 0.2pct in September with the core rate up 0.1pct, below forecasts for a 0.2pct gain. The ADP employment index shows that 130,000 private sector jobs were created in October, below forecasts of a 150,000 gain.

Australian Stock Market Report – Afternoon 10/30/13

Despite giving back some of the more significant gains recorded at midday, the Australian market still managed to rise for the fourth time in five trading sessions and for the 10th time in 12. Chinese economic data out over the past few weeks has been largely promising while the political situation in the US is in better shape for now.

Australian Stock Market Report – Midday 10/30/13

After a 0.5 per cent fall yesterday, the All Ordinaries Index (XAO) is now up by 21pt or 0.4 per cent. Local stocks have only fallen on two occasions over the past 12 trading sessions; rising by 4.5 per cent since mid-October.

Will You Go for a Python Massage in an Indonesia Spa?

Spa customers often have the choice of a masseur or masseuse for their body massage. However, in the case of the Bali Heritage Reflexology and Spa in Jakarta, Indonesia, it is slithering snakes that crawl on the customer's body.

Australian Stock Market Report – Morning 10/30/13

In US economic news, retail sales fell 0.1pct in September, but excluding autos, sales rose 0.4pct, in line with forecasts. Producer prices fell by 0.1pct in September, but excluding food and energy, prices rose 0.1pct, in line with forecasts. Consumer confidence fell from 80.2 to 71.2 in October. And the Case Shiller home price index rose 0.9pct in August to stand 12.8pct higher than a year ago.

Australian Stock Market Report – Midday 10/29/13

On the heels of a strong start to the week sellers got some modest traction at the outset of trade on Tuesday. One of the factors helping sellers was the weakness in US futures the start of the Asian session after the Apple result, post the close of Wall St.

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