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Asian Markets Spiked Post Fed Decision But Settled

Asian market shares moved up post the Fed’s decision to not raise rates Wednesday, confirm economic growth and virtually assure a December raise hike that is widely suggested and expected. MSCI hit its highest levels since November 2007 but closed just above. Australian shares reached...

Aussie Job Market Showing Strength

Australia is a resource-rich economy that continues to post results  that are confirming a rapidly improving job market. Australian Jobs Market Shows Strength Sep.04 — Bloomberg’s Paul Allen reports on the latest business news from Australia. He speaks on “Bloomberg Daybreak: Australia.”.. finance.yahoo.com Read Full...

BHP Billiton Back On Map Post Latest Quarter

BHP Billiton (BHP) this week reported a $6.7 billion profit in their latest annual report and squarely placing themselves back on the map. This is post the $6.4 billion loss they reported the year before. The Melbourne, Australia based miner has seemingly recovered from the...

Alibaba Seeking Growth Through Use of Artificial Intelligence

China’s e-commerce giant Alibaba (BABA) wants to tell custmers what they want to buy with the assistance of artificial intelligence (AI). Alibaba has apparently created the Deep Interest Network, which improves recommendation algorithms with the understanding that users have diverse buying interests, and only part...

Fire in Dubai

It was reported earlier tonight that a significant and dangerous fire is being fought in a residential high-rise tower in Dubai. Apparently this is the second time that this has happened in just over two years. The other crazy thing is that tower is named...