You Searched For "offshore banking" and got 17 results
Sort By:
3 mins read
Congress alleges SEBI Chairperson Madhabi Puri Buch of office for profit
In a press conference in New Delhi on Monday, Pawan Khera, Chairman, Media and Publicity Department…
ANI
3 mins read
Beijing is unlikely to rescue Evergrande's offshore creditors because it could make things worse at home
Embattled Chinese real-estate giant Evergrande has been ordered by a Hong Kong to liquidate followi…
Huileng Tan
3 mins read
De-dollarization is not working out in China, where businesses are hanging onto their US dollars
Despite discussions about de-dollarization, the US dollar still dominates global foreign reserves, …
Huileng Tan
3 mins read
The Oscar Mayer heir who gave away his fortune to fight inequality explains why South Dakota became America's secret $360 billion tax haven, and how it exposes the US as the world's 'weak link'
A bombshell report found South Dakota has a thriving business in "trusts" for the world's elite. Ch…
Juliana Kaplan
2 mins read
South Dakota now rivals offshore tax havens for financial secrecy, Pandora Papers say
81 of the offshore accounts detailed in the Pandora Papers are in South Dakota, making it the state…
Emily Walsh
3 mins read
Rupee rises for third day on forex inflows, softening crude oil
The rupee appreciated by 16 paise to settle at 82.56 against the US dollar on Thursday, marking its…
PTI
2 mins read
Moscow is now the fourth largest offshore trading hub for the Chinese yuan, as sanctions spur Russia's dash to an alternative currency
Russia's central bank chief said the yuan's influx into the country's system typifies a "transforma…
Huileng Tan
2 mins read
Moscow is now the fourth largest offshore trading hub for the Chinese yuan, as sanctions spur Russia's dash to an alternative currency
Russia's central bank chief said the yuan's influx into the country's system typifies a "transforma…
Huileng Tan
2 mins read
Adani group to prepay USD 130 million debt to boost investor confidence
Billionaire Gautam Adani's group on Tuesday said it will prepay USD 130 million of debt as it looks…
PTI
2 mins read
HSBC moves to liquidate IL&FS company in Singapore court
The application has been listed for hearing on March 20 and "any creditor or contributory of …
PTI
1 min read
RBI allows banks to trade in offshore rupee derivative market
It can be noted that the ongoing financial market volatilities triggered by coronavirus outbreak dr…
PTI
2 mins read
Billionaires and world leaders, including Putin and King Abdullah, stashed vast amounts of money in secretive offshore systems, leaked documents find
Notably, the richest people in the United States - like Jeff Bezos, Elon Musk, Bill Gates, and Warr…
Yelena Dzhanova
1 min read
China's yuan dips to lowest in 2 years as the offshore rate slips below a key threshold against the dollar
The offshore currency rate dropped 0.7% to 7.0186 per dollar, as traders bet on a jumbo Fed rate hi…
Phil Rosen
2 mins read
America's wealthiest earners appear to be hiding billions of dollars from the IRS, study finds
The top 0.1% fail to report almost double that by using methods such as offshore accounts and pass-…
Kate Duffy,Natasha Dailey
2 mins read
Top banks made $6 billion trading the ruble last year amid Western exodus from Russia, report says
Western banks turned to lesser-known peers in countries on good terms with Russia, such as Kazakhst…
Filip De Mott
2 mins read
A billionaire who vowed to pay off the debt of an entire college class will pay $140 million to settle a 4-year tax probe, a report says
The billionaire Robert Smith will admit misconduct but will not be prosecuted, Bloomberg reported, …
Saloni Sardana
4 mins read
Sensex, Nifty50 edge up in morning trade driven by auto and PSU bank stocks
India’s equity markets are likely to open on a positive note ahead of the crucial Federal Open Mark…