Vittorio Hernandez

After a dismal start to the new financial year, the Australian share market is rebounding today on the back of positive offshore moves and ahead of the RBA's rate announcement this afternoon.

Analysts are forecasting another hold decision by the Reserve Bank of Australia (RBA) on the current overnight cash rate of 2.75 per cent when the central bank meets on Tuesday, July 2.

The Brazilian model-wife of a Filipino congressman who attempted suicide last week insisted on Monday that the reason behind his try was not because of their recent public marital rift.

Due to consumers' perception that the Galaxy S4 is not much different from previous smartphones released by the South Korean tech giant, Samsung sales are on a downward trend.

More heads fell on the sex video scandal involving soldiers from the Australian Defence Force as the Army suspended on Monday five more members who belong to the so-called Jedi Council.

Another scandal has hit the seat of the Roman Catholic Church amid new allegations of a sex ring scandal that surfaced over the weekend in Vatican City.

Sellers returned from the weekend a little bolder. The result was that the market was in steady decline for much of the day. The main catalyst for the selling was the weaker manufacturing data out of China. This data point served to remind investors of the weight of economic news which will be released both locally and elsewhere over coming days, culminating with the US Jobs report on Friday evening local time. Investors will continue to calibrate their expectations of the Fed's retreat from ...

Investors seem to be kicking off the financial year with a sour taste in their mouths. The All Ordinaries Index (XAO) is down by 1.6 per cent at lunch. The banks are the biggest culprits when it comes to the losses, with the big four down by as much as 2.9 per cent.

With Kevin Rudd now the prime minister, Australians are waiting for the announcement when will the federal election be held. Former PM Julia Gillard scheduled it Sept 14, but Mr Rudd hinted it could be held earlier.

The FBI has seized files from a private detective to celebrities, Anthony Pellicano, that reveals the deceased King of Pop Michael Jackson spent $35 million to keep silent 24 boys who had accused the superstar of sexual molestation.

Even if the Filipino bishops are questioning the airing of the very popular first gay-themed soap opera in Philippine television, My Husband's Lover, several local celebrities backed the bekiserye.

Despite the ongoing legal battle between the two tech giants Apple and Samsung in different parts of the world, the South Korean giant will remain the primary supplier to the Cupertino-based firm of chips used for Apple's iPad and iPhone until 2014.

New Australian Treasurer Chris Bowen indicated policy changes may be forthcoming for the country to avoid hitting recession. He told Parliament on Thursday that the Labor government recognises the country's economy is in transition as it moves from investment phase to production phase in the mining industry.

The yellow metal continued its downward trend after the spot price of bullion hit a three-year low over the weekend to $1,180 an ounce. Since January 2013, gold price has retreated 29.5 per cent while the FTSE Gold Mines index of gold equities has declined 52 per cent.

The Australian Labor Party's leadership challenge on Thursday night is paying off in spite of the move causing a rift in the party in power as key ministers resigned to sympathise with the defeat and step down of Julia Gillard as prime minister. Another poll showed that the move is paying off as the ALP appears headed for a victory in the national election.

The Indiana Federal Court sentenced on Friday a 42-year-old Australian man 40 years prison term after he pleaded guilty to charges of child exploitation. The man made pornographic films that caters to paedophiles using his adopted son.

Happy End of Financial Year! It was a fairly uninspiring session on the Australian share market today, but over the course of Financial Year 2013 the market rose 15 per cent.

A newly married Filipino congressman who lost in the May election reportedly attempted to commit suicide on Thursday by shooting himself on his chest. The incident happened at the Batasang Pambansa where the lower house of the Philippine House of Representatives is headquartered.

Investors and traders aren't overly motivated to buy or offload equities on the final trading session of this financial year. The All Ordinaries Index (XAO) is up just 0.1 per cent. On a positive note, we've just had the best two run of 2013, with the XAO up 3.2 per cent on Wednesday and Thursday combined.

Kevin Rudd risked further dividing the Australian Labor Party (ALP) when he made the leadership challenge to then Prime Minister Julia Gillard on Wednesday night. The reason he broke his promise not to dare Ms Gillard's leadership of the party is to improve Labor's chances of winning in the schedule Sept 14 election.

Reversing some of former Prime Minister Julia Gillard's unpopular policies may be the key for the Australian Labor Party (ALP) to retain its seats in the coming election, originally schedule on Sept 14.

After her epic duet with Asia's T-bird Aiza Seguerra, fans of former Glee star Charice Pempengco could look forward to another duet by the international singer. This time her singing partner would be not another lesbian but her girlfriend, Alyssa Quijano.

Cupertino-based Apple was dealt a triple whammy this week following the decision by a California judge on Thursday not to allow the inclusion of Samsung's Galaxy S4 in the patent infringement lawsuit it filed against its South Korean tech rival.

Women and gays with fake boobs, be forewarned. Silicone implants and lying on your stomach for several hours could be dangerous to your breasts.

After a tough start to June, investors are a little more upbeat heading into the end of the financial year. Today marked the second consecutive session of 1.6 per cent gains, with the Australian dollar also rising over the past 24 hours. Investors and traders weren't interested in Australian politics today and took their lead from offshore.

The Bureau of Resources and Energy Economics estimated that the value of Australia's mining and energy exports in 2013 would decrease by $16 billion even if the volume is bigger and currency is easing.

Australian stocks are enjoying a second session of gains, but it's not the events which transpired in Canberra overnight driving sentiment higher, rather the calm that has been brought to markets by the China Central Bank and a strong rally on Wall Street overnight.

Aware of the damage that the leadership struggle has caused on the Australian Labor Party, reinstated Prime Minister Kevin Rudd started to mend fences on his first day as leader of the party and the country.

Gold continued to lose its sheen as a safe haven as its price further plummeted to $1,223.54 an ounce on Wednesday, its lowest since August 2010. By 3:08 p.m. at New York, gold settled at $1,225.91, down by 4 per cent.