Vittorio Hernandez

While the focus of Manny Pacquiao and Floyd Mayweather now are the promotion of their bouts against Chris Algieri and Marcos Maidana on Nov 23 and Sept 13, respectively, the Filipino champ's joke about Money May would surely ignite some fire from their respective camps.

Local shares were flat footed in early trade on Tuesday, despite solid improvements for US stocks overnight which included the S&P 500 briefly lifting above 2,000 points for the first time. A continuing theme on Tuesday has been the weakness in the resource sector after commodity prices finished the northern hemisphere sessions with mixed fortunes. Investors remain wary of iron ore after prices fell 2% in the last day. More significant however is that prices have fallen below $US90 per tonne. Wh...

Optus, the second-biggest telco in Australia, will launch its Optus 10 satellite on Sept 12. The satellite was initially set for launch in May.

Supporting a theory now being suggested by British media that the beheading of American photojournalist James Foley was partly stage managed, a British analyst said on Monday that the decapitation likely happened off camera.

The reactions from the US and Europe to the news out of Jackson Hole over the weekend were as expected - green on the equities front and red for the EUR.

In US economic data, new home sales fell by 2.4% in July to a four month low. New home sales are up 12.3% on a year ago. A lift in the stock of properties on the market and slower price gains should help stimulate demand in months ahead. The Markit Services Purchasing Managers Index dipped from 60.8 to 58.5 in July.

Most experts would probably agree that there is no exact formula to becoming a successful real estate agent. But one thing that's going to make a difference in an agent's budding career is understanding how to build a solid reputation and impact in the local community. According to Australian agent and Century 21's top Australian salesperson for three years, Stephanie Hearne, it takes three things to accomplish that, and she expounded on these in a piece she wrote for Property Observer....

Bank of America settled with the Securities and Exchange Commission over admitting that it failed to inform investors during the financial crisis about known uncertainties to future income from its exposure to repurchase claims on mortgage loans.

A Wells Fargo/Gallup Investor and Retirement Optimism Index study in late June found that many investors are unaware of the true state of the stock market. The bases of that conclusion were the responses of American investors who had at least $10,000 in stocks, bonds, mutual funds, or retirement accounts.

Fuel distributor Caltex continued to downsize its Australian operations, announcing on Monday that it will further cut 10 per cent of its work force in the next 12 months. The 10 per cent is equal to 350 jobs that will be shed as part of Caltex's restructuring.

Eight-division title holder Manny Pacquiao posted on Monday night that a very expensive gold Rolex watch that he left behind in a five-star hotel in Manila was found. He made the post on his Facebook page from the Venetian Hotel and Casino Macau where he is on a six-city promo tour with opponent for Nov 23, Chris Algieri.

Monday saw sellers return to the Australian share market for the first time in 7 session. Buyers made several early attempts at pushing the index higher, although they were thwarted on each occasion. The ASX 200 opened with a loss of 7 points; at session highs it was almost 5 points to the better. At the nadir of the day the market was at a deficit of 20 points. There was little inspiration on offer throughout the region. Investors remain wary of the Chinese bourse after last week's weaker re...

Australia's Civil Aviation Safety Authority (CASA) published over the weekend a new regulation that would soon allow the use of smartphones and tablets weighing up to 1 kg to be used on domestic flights during takeoff and landing while on flight mode.

In US economic data, the weekly Economic Cycle Research Institute index fell from a 3.6% annual rate to 2.8%.

After speculative trading on Wednesday and Thursday around the prospect of rates rising sooner than expected based on the release of the Fed minutes, the weekend's Jackson Hole Symposium has quickly put a lid on these theories.

Images of a Chinese couple battling for an iPhone became viral as the photos tell the story of game addiction and the strength of the woman as she dragged her boyfriend about 10 metres on a Beijing subway.

There was a lot of speculation last week after space-alien theorists and UFO blogs floated the idea that a bone-like object on Mars, photographed by NASA's $2.5-billion Curiosity rover, could be a thigh bone, giving rise to talks that it could be the remains of a Martian.

Images of jihadists tweeting their photos holding decapitated heads are good leads who are the key leaders of the Islamic State of Iraq and the Levant (ISIL). One of them who tweeted in early August that kind of photo helped British intelligence agencies find the true identity of jihadist John, who beheaded American photojournalist James Foley.

Hours after British media reported that Abdel-Majed Abdel Bary is the main suspect in the beheading of American photojournalist James Foley last week, British intelligence agencies M15 and M16 identified on Sunday that the rapper is indeed jihadist John.

Abdel-Majed Abdel Bary, a British rapper, is suspected by UK's SAS to be John, the man with an English accent who beheaded American journalist James Foley last week, the New York Post reports.

Spanish beauty queen Patrician Yurena shocked the nation on Saturday when she out herself on social networking site Twitter as a lesbian. She posted her photo and her lover, Vanesa Cortez, which was captioned "Romeo and Juliet."

After beheading American photojournalist James Foley and threatening to also decapitate another media man, Steven Sotloff, the extremist group Islamic State of Iraq and Syria (ISIS) is threatening this time to blow up a city in the United States.

Did American photojournalist give up his life so his fellow hostages would be spared from being beheaded too? The family of James Foley believes it is in his character to give way to the extent that he could have possibly volunteered to be decapitated so the other captives would live.

The local share market spent the final session of the week consolidating on the improvements of the last 5 days. Friday's gain meant that the ASX 200 has risen by just under 1.5% this week. The status quo amongst the sectors largely remained the same over the course of the second half of the day. Miners remained under pressure reflecting the weaker Chinese PMI data seen on Thursday.

There were mixed signals out of the US session overnight. Better than expected growth figures were balanced by the US Fed's view on inflation with the central bank indicating that the risk of lower inflation has diminished. This came in the change to the FOMC statement which revised down the risks of inflation remaining below the 2.0% target with the banks saying "the likelihood of inflation running persistently below 2% has diminished somewhat". Whilst only a small one, it was a step c...

ABC News reporter Elizabeth Vargas has checked herself to rehab for alcoholism treatment, a report on NOLA.com said Sunday.

U.S housing starts rose sharply in July, indicating what appears to be a stunted recovery for the local housing market is now "back on track," according to a report on CNBC on Wednesday.

TheTel Aviv Stock Exchange (TASE) may soon have competition as Haifa, the third-largest city in Israel, wants to open a second bourse that focuses on technology-based stocks.

Telco giant AT&T is offering to Cupertino, California residents an enviable 1 gigabit per second download speed.