Business
U.S. stock indexes edge higher in midday trading; Oil rises
The S&P 500 is up 9.7% this year, and the Nasdaq Composite is up 7.6%. USA indices erased early gains on Wednesday. In China, the Shanghai Composite Index added 0.22%, while Hong Kong's Hang Seng Index declined 0.10%. Energy companies also rose as the price of crude oil moved higher. It rose 88 cents on Tuesday. Tech was the worst-performing major S&P sector, falling 1 percent.
Business
India Amends Double Taxation Avoidance Agreement With Singapore To Curb Black Money
Before amendments, the DTAA with Singapore, Mauritius and Cyprus gave full exemption on capital gains to investors allowing round tripping of foreign funds into Indian economy. Not surprisingly, Mauritius and Singapore have been the top foreign direct investors to India. Mr Jaitley said the withdrawal of capital gains exemptions to the three countries was in line with the government drive against black money, which led to the demonetisation of currency.
Business
Stocks Preparing To Gain Concentrations- NVIDIA (NASDAQ:NVDA), Red Hat (NYSE:RHT)
The average stock price target is $42.00 with 6 brokerages rating the stock a strong buy, 7 brokerages rating the stock a buy, twelve analysts rating the company a hold, one analyst rating the company a underperform, and lastly zero analysts rating the company a sell.
Business
US stocks end 2016 with strong gains from a year ago
The Dow has gained more than 8 percent since Donald Trump's victory in the November 8 US presidential election and has come to within 20 points of the milestone repeatedly without successfully crossing the line. Japan's Nikkei 225 Index edged down by 0.2 percent, while Hong Kong's Hang Seng Index jumped by 1 percent. The S&P 500 was up 7.9 points, or 0.34 per cent, at 2,271.69.
Business
Azealia Banks Confesses to Sacrificing Chickens in Her Home
She claims the birds were slaughtered in the name of "brujeria", which is a form of witchcraft. Rapper Azealia Banks was in a big, big mess. Yes, you know I gotta scrape all this s*** up. In her Instagram story on Thursday, rapper Azealia Banks made a shocking confession: she's been sacrificing chickens for at least three years. Azealia was last seen Facebook ranting about Nicki Minaj, then apologizing, then admonishing the media for daring to report the post, and apparently in the ...
Business
China protests Inada's visit to Yasukuni
South Korea and China view shrine visits as a sign that Japan has not repented for its imperialist past and could seek to revive militarism, despite words of repentance and peace from Prime Minister Shinzo Abe and other Japanese leaders. "It was right after Japanese and USA leaders issued their messages of peace and reconciliation, recalling (the Pearl Harbor attack) 75 years ago", Renho told reporters in Matsuyama, Ehime Prefecture.