India and Singapore signs treaty on Double Taxation

India and Singapore signs treaty on Double Taxation The DTAAs provided that that there would be no capital gains tax in India for investors coming in through Mauritius, Singapore and Cyprus as they would be liable to pay tax in these jurisdictions. "It provides for source based taxation of capital gains arising on transfer of shares in a company. The Third Protocol also enables application of domestic law and measures concerning prevention of tax... [Full Article...]

Analysts are bullish on Nvidia Corporation

Analysts are bullish on Nvidia Corporation Finally, MKM Partners raised their price target on shares of NVIDIA Corporation from $87.00 to $106.00 and gave the company a buy rating in a report on Tuesday, November 22nd. The ex-dividend date was Wednesday, November 23rd. On 5/9/2014 Nvidia Corp. announced a quarterly dividend of $0.09 1.88% with an ex dividend date of 5/20/2014 which will be payable on 6/13/2014. [Full Article...]

Is Azealia Banks A Witch? Rapper Cleans Up Filthy "Brujeria" Closet

Is Azealia Banks A Witch? Rapper Cleans Up Filthy Azealia Banks posted weird videos to her Instagram on Thursday. This week's entry includes a private tour of her godawful filthy cupboard, which she refers to as the result of "three years worth of "brujeria.'" For those not acquainted with the Spanish language, 'brujeria" means witchcraft. [Full Article...]

Korea lodges protest over Inada's visit to Yasukuni

South Korea said the defence minister's trip to the shrine, which is seen as a symbol of Japan's militarism and wartime atrocities, was " deplorable ". The trip marked the very first homage paid by a Japanese leader and a USA president to the war historic place. The ministry deplored the visit, saying the shrine glorifies Japan's past colonial infliction, and enshrines war criminals. [Full Article...]

Takata could pay up to $1 bil. to settle USA criminal probe

Japanese airbag maker Takata is expected to settle a USA criminal probe over defective airbags next year with the likely cost to be in the region of $1 billion, according to the Wall Street Journal . "This recall schedule ensures the inflators will be recalled and replaced before they become risky, giving vehicle owners sufficient time to have them replaced before they pose a danger to vehicle ... [Full Article...]

KEY QUESTIONS: How much pressure is on Lions?

KEY QUESTIONS: How much pressure is on Lions? Dallas went into the night with the game plan of playing as they prepared and all of their starters saw significant time. The biggest sign the Cowboys were serious about this one came late in the third quarter, when Bryant took a pitch from quarterback Dak Prescott and tucked the ball as if planning to run. [Full Article...]

Britain should be 'more self confident' about Brexit, says Mervyn King

Britain should be 'more self confident' about Brexit, says Mervyn King The former Bank of England governor said that Britain's exit from the European Union could undermine the United Kingdom government's ability to sign trade deals with countries outside of the European bloc. "What's more, we'll be able to spend money on the things that matter to the British people". Supporters of a "soft Brexit" argue that by leaving the customs union and single market the United ... [Full Article...]

Dylann Roof: Charleston shooter won't offer evidence to spare life

Dylann Roof: Charleston shooter won't offer evidence to spare life But before then, he'll attend a pretrial conference at 10 a.m., at the Charleston federal courthouse. Roof was represented by David Bruck, a famed federal public defender in death penalty cases, after backtracking on his initial plan to represent himself during the guilt phase of his trial. [Full Article...]

Marginal gains for U.S. stocks in thinly traded session

Marginal gains for U.S. stocks in thinly traded session The pan-European FTSEurofirst 300 index edged up 0.08 percent, while MSCI's gauge of stocks across the globe gained 0.13 percent. "December was quite a run for markets, and now everyone is waiting to see whether the Dow Jones touches the 20,000 level", Benno Galliker, a trader at Luzerner Kantonalbank AG in Lucerne, Switzerland, told Bloomberg. [Full Article...]

Toshiba drops 15% after flagging multi-billion-dollar nuclear writedown

Toshiba has said it will consider all options to bolster its finances, even "the positioning" of its nuclear business which is centred around Westinghouse, a US firm bought in 2006. The Tokyo-based company booked a loss of 460 billion yen previous year. The announcement came after Toshiba shares closed almost 12 percent lower on Tuesday after media reports about the potential loss. [Full Article...]

Oil Nudges Higher as Output Cuts Near

Oil Nudges Higher as Output Cuts Near Prices are set to recover next year as production cuts help to re-balance an oversupplied market, Saudi Arabia's energy minister Khalid Al-Falih said last week. In an emailed report, Platts said USA crude oil inventories will still end the year higher than where they started 2016. Brent crude rose to $55.79 just before noon on Tuesday, up from a previous close of $55.16 per barrel. [Full Article...]

Accused Chinese hackers make millions off insider trading info

Iat Hong, Bo Zheng, and Chin Hung stole confidential information related to potential mergers and acquisitions being considered by the firms' clients, according to a release announcing parallel criminal charges filed by the U.S. According to U.S. prosecutors, the trio began their cyberattack campaign in April 2014, targeting email accounts of key personnel in major United States law firms. [Full Article...]

DC Yoga Instructor Found Dead Inside Car

DC Yoga Instructor Found Dead Inside Car According to an updated thread on a Facebook page created to help find McCauley, the woman's brother Brian McCauley says police found the auto. Friends of McCauley's have created a Find Tricia McCauley Facebook group page in hopes of exchanging additional information regarding her disappearance. [Full Article...]

National Basketball Association roundup: LeBron sits and Detroit routs Cleveland

Harris and Kentavious Caldwell-Pope made 3-pointers early in the fourth, and the Pistons led 82-65. Towns, Timberwolves roll past Hawks, 104-90 MINNEAPOLIS - Karl-Anthony Towns had 22 points and 11 rebounds, and Zach LaVine hit six 3-pointers to lead the Minnesota Timberwolves to a 104-90 victory over the Atlanta Hawks on Monday night. [Full Article...]

Iraqi PM says three months needed to eliminate Islamic State

The killings took place in the villages of Al Hud and Al Lazzagah, 50 kilometres south of Mosul on October 17, the day government forces launched the massive operation to oust the extremists from the city. Overnight the coalition bombed the last remaining bridge connecting the eastern and western parts of Mosul "to reduce enemy freedom of movement", a spokesman said Tuesday. [Full Article...]

New York AG: Donald Trump can't close foundation during investigation

New York AG: Donald Trump can't close foundation during investigation Not if the attorney general of NY has anything to say about it. In a pair of tweets Monday night, Donald Trump laid out some bold and highly dishonest claims about his foundation, claiming "100% of money goes to wonderful charities!" Trump's disgust for this current onslaught on media houses materialized when a Washington Post reporter reported that Donald Trump and his family was usin... [Full Article...]

Oil gains post-Christmas ahead of OPEC, non-OPEC cuts

With little economic news on tap and many traders away from their desks before the New Year, markets are likely to settle into a lull this week. Hedge funds boosted bullish bets on US crude oil for a third week in a row to a near 2-1/2 year high, data showed on Friday, on signs that OPEC and other producers will stick to a deal to cut output. [Full Article...]

Cops Want Murder Suspect's Amazon Echo Device to Rat Him Out

Cops Want Murder Suspect's Amazon Echo Device to Rat Him Out A smaller version, which connects to speakers, is dubbed the Echo Dot. The National Retail Federation predicts nonstore sales, which are predominately made up of online revenue, will rise between 7 and 10 percent in November and December. [Full Article...]

Proteas hold aces, but Sri Lanka still in it

Proteas hold aces, but Sri Lanka still in it Eleven wickets fell on a day when a bowler-friendly track proved something of a nightmare for batsmen. That pattern of play was perhaps dictated by the intense humidity and the easterly breeze bringing moisture from the sea. Eleven balls later the Lankans should have been 94/6 but wicketkeeper De Kock, diving to his right, couldn't hold the edge Dinesh Chandimal offered off Rabada. [Full Article...]

Monte dei Paschi says European Central Bank wants it to raise €8.8bn

The remaining injection of €2.3 billion would come from converting into shares, bonds held by the bank's institutional investors, as is required by new rules in Europe when dealing with banks in crisis. Monte dei Paschi, the world's oldest bank and the third-largest in Italy, said its net liquidity has deteriorated rapidly in the three weeks through December 21, dropping 36% to €7.7 billion. [Full Article...]

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