Vittorio Hernandez

3091-3120 (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 – 10/25/13

It has been a very interesting week on the markets; the unusual event of seeing major US data in the third week of the month certainly didn't spook the markets as it reconfirmed what most already believe; taper will not happen in 2013.

Australian Stock Market Report – Morning 10/25/13

The US trade deficit came in at $38.8 billion in August, roughly in line with that recorded in July. The underlying trend remains of very gradual narrowing of the deficit. Initial jobless claims dipped further down by 12,000 to 350,000 last week. Flash US manufacturing fell from 52.8 to 51.1 in October. Output declined for the first time in four years, with the subindex dipping to 49.5.

How to Bypass BBM Waitlist for iOS, Android Phone Users

No one wants to be on a waiting list, especially if millions of other names are ahead of yours. Android and iOS users who want to sign up for a BlackBerry Messaging account but are on the waiting list have relief on the way soon. They can jump the queue by following these tips suggested by tech Web site CNET

Australian Stock Market Report – Afternoon 10/24/13

The Australian sharemarket benefited from a better than expected reading on Chinese manufacturing sector activity, only to give back part of the gains late in the session. The All Ordinaries Index (XAO) finished 0.3 per cent or 16.9pts higher.

Australian Stock Market Report – Midday 10/24/13

The Australian sharemarket is trading around a five-year high, with the All Ordinaries Index (XAO) up by 0.3 per cent. This is quite a positive outcome considering that global markets lost ground overnight as short-term Chinese interest rates rose. This following the Chinese central bank's (PBoC) decision to remove some excess liquidity from financial markets.

Global Markets Overview - 10/24/13

The long rally in US equities finally came to a halt, with disappointing earnings being pinned as the main reason behind the fall. However, US earnings have been largely ignored as the US market rallied and I feel some of the disappointing earnings were just an excuse for the sell-off. After four consecutive sessions of printing record highs, the S&P finally gave up ground and declined half a per cent. The main result the market concentrated on was a disappointing Q3 report from Caterpillar (CAT...

Australian Stock Market Report – Morning 10/24/13

The Bank of Canada monetary policy decision resulted in no change to the overnight lending rate which remained at 1.0pct. This was as expected. However, the BoC dropped its previous bias to lift the policy rate. This bias has been in place for a year. In other words the BoC has now moved to outright neutral. Inflation is now expected to remain low for longer, the level of economic activity is also lower than expected, while risks of further weakness in the economy are taking on increasing import...

Manny Pacquiao’s Aunt is 4th Runner-up in Queen Lola 2013, A Beauty Pageant for Filipina Grannies in the U.S.

Being a senior citizen did not stop 10 Filipina grandmothers in the U.S. from participating in a beauty pageant created for women their age. Queen Lola 2013 was held this week in Long Beach, California, in between the recently concluded Miss World 2013 and the coming Miss Universe 2013. The winner, Miss Utah, is 71-year-old Julie Rose who joined the unique beauty pageant created for Filipina grannies in the U.S. on the dare of a friend.

Microsoft May Drop Nokia Brand in the Future

Current Nokia Chief Executive Stephen Elop hinted on Tuesday that the Nokia brand could disappear since Microsoft, which acquired the Finnish technology company in September, could drop the brand on smarthphones in the future.

ACT Supreme Court Allows ADFA Skype Sex Scandal Cadets to Avoid Jail Time

Despite two Australian Defence Force Academy (ADFA) cadets being found guilty of streaming videos over Skype while one of them was having consensual sex with a female cadet, the Australian Capital Territory Supreme Court on Wednesday decided not to send the two young men to jail for their offences.

Australian Stock Market Report – Afternoon 10/23/13

Three events over the past 24 hours have influenced markets and currencies. Firstly, last night a report showed there were fewer jobs created in the US over Sept than many had hoped. This reduced the likelihood of an imminent tapering in the Fed's current stimulus strategy and also pushed markets and the Aussie dollar higher. Secondly, this morning, the latest Consumer Price Index (CPI) showed that prices rose by a more than expected 1.2 per cent over the September quarter; all but wiping out...

Australian Stock Market Report – Midday 10/23/13

The All Ordinaries Index (XAO) is rising for the seventh straight day; up 0.2 per cent and sitting at around a five year high. This makes it the longest winning streak in nine months and comes courtesy of some worse than expected US jobs numbers overnight.

Early Xiaomi Backer is New Partner of GGV Capital

Hans Tung of Qiming Ventures in the new partner of GGV Capital, a cross-border venture capital company that has its focus on China and the U.S. Mr Tung, a venture capitalist who support the Chinese phonemaker Xiaomi that is now growing valued at $10 billion, is the sixth general partner of GGV.

Australian Stock Market Report –Afternoon 10/22/13

Tuesday afternoon trade for the ASX200 was marked by new highs being made in successive hours. The exception being the final hour of trade, when sellers gained some traction following comments from the Federal Treasurer. Mr Hockey spoke of the outlook for the 2013-14 Federal Budget deteriorating. The impact was modest and not enduring. The Aussie dollar dipped and recovered not long after the comments, although it had been in a downtrend all day. December 10-year bond futures were trading at 95....

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