Vittorio Hernandez

1171-1200 (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

Shanghai Stock Exchange Will Not Extend Trading Hours

Trading at the Shanghai Stock Exchange will remain from 9:30 to 11:30 am and 1 to 3 pm. The Chinese bourse has little chance of extending its trading hours to match Hong Kong's, which ends at 4 pm and has just a one-hour lunch break from 12 noon to 1 pm.

Australian Stock Market Report –Afternoon July 30, 2014

Despite pulling back a touch from the highs reached at midday, the Australian market still managed to close at a fresh six-year high. The All Ordinaries Index (XAO) rose by 0.6 per cent and improved for the 12th time in 16 trading sessions. With only one day remaining this month, local shares have surged by 4.3 per cent in July; making it the best month in a year for the Australian market.

Australian Stock Market Report –Midday July 30, 2014

Investors initially kicked off the session a little hesitant ahead of major updates on both the US and Chinese economies over the next few days. Caution has been set to one side however; with the All Ordinaries Index (XAO) cracking through 5600 points for the first time since June 2008.

Australian Stock Market Report – Morning July 30, 2014

Major currencies were softer against the US dollar on Tuesday ahead of the Federal Reserve decision. The Euro fell from highs near US$1.3445 to US$1.3405, before ending US trade near US$1.3410. The Aussie dollar fell from highs near US94.05c to lows near US93.75c before ending the US session near US93.80c. And the Japanese yen eased from 101.85 yen per US dollar to JPY102.15, ending US trade near JPY102.10.

Debt-Laden Millennials Join Stock Market

A behavioral finance expert said members of Generation Y, also known as Millennials, appear to view the stock market as a quick fix to their debt problems, mainly college debts.

Australian Stock Market Report – Morning July 29, 2014

In US economic data, the "flash" services index was unchanged at 61.0 in July, above forecasts centred on a result near 59.8. The pending home sales index fell by 1.1% to 102.7 in June, below forecasts centred on a 0.5% gain. And the Dallas Federal Reserve index rose from 11.4 to 12.7 in July.

Pages