Vittorio Hernandez

3601-3630 (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

Australian Stock Market Report – Afternoon 8/2/13

A 1 per cent improvement for the All Ordinaries Index (XAO) made today the happiest Friday since 14 June for the local sharemarket. The Australian market has now gained ground for six straight weeks and has only eased on two of the past 10 trading sessions. The XAO is only around 120 points (or 2 per cent) away from a five-year high.

Australian Stock Market Report – Midday 8/2/13

Positive data out of the US lifted overseas stocks higher last night, providing a strong lead for local shares. The Dow Jones was up 128 points after the ISM manufacturing reading was higher than expected and lower initial jobless claims encouraged investors.

ANZ Bank Opens 50-Tonne Gold Vault in Singapore

Reflecting its bullish outlook towards the yellow metal, ANZ Bank opened on Friday its second gold bullion vault in Asia at the Singapore FreePort. The facility, capable of storing 50 metric tonnes of gold, actually started operating in Singapore in July.

Patent Hints of Metal Case for Samsung Galaxy S5

After using plastic as casing for so many of its devices, South Korean tech giant Samsung is reportedly planning to use metal for the next model of the Galaxy S5. The basis of the speculation is a Samsung patent filed in Seoul in 2011 and registered in the U.S. in 2012.

Samsung Retina Display for iPad Mini?

Despite Apple and Samsung's numerous legal battles, the Cupertino-based tech giant is still tapping its South Korean rival to provide it the high-resolution Retina display when it releases the next version of the iPad mini, The Wall Street Journal reported.

Australian Stock Market Report – Afternoon 8/1/13

In a mixed day of trading today, the All Ordinaries (XAO) closed marginally higher, up by 0.2 per cent. The Australian market weighed encouraging news out of the local housing market and stronger than expected Chinese manufacturing data against lacklustre manufacturing data at home and speculation around new taxes in the banking industry.

Australian Stock Market Report – Midday 8/1/13

After a volatile night on the US markets our market has followed suit today. The Dow Jones index traded over a range of around 140 points overnight and the ASX has now traded over a 40 point range so far today. After a strong start, where the All Ordinaries Index (XAO) up over 30points, the market has now moved into the red. The market fall was largely because of the sell out in the banks as rumors start to percolate in the markets of a possible bank deposit insurance levy.

Gay Asylum Seekers Also Bound for Rape Island (VIDEOS)

Like pregnant asylum seekers in Australia who will still be sent to Manus Island in Papua New Guinea for processing despite the risk of exposure to malaria, gay asylum seekers would similarly not be spared from being resettled in the place now notoriously referred to as Rape Island.

Australian Stock Market Report – Midday 7/31/13

Overnight US share markets closed mixed as cautious investing pushed the DOW down 1pt at the end of trade ahead of the outcome of the Federal Reserve meeting later tonight. There was a large sell-off in material and energy shares and a shakeup in the potash sector hurt the broader market but we have not seem too much of a reaction on our market today.

Pages