Latin America Cayman Islands

  • *Dai aims to be a decentralised' stablecoin'. *Backed by cryptocurrency stored on digital contracts. LONDON, Nov 18- Some are backed by dollars.

  • The blacklisting ratchets up Washington's scrutiny of Chinese companies after similar action on top telecommunications equipment maker Huawei Technologies Co Ltd, intensifying tension with Beijing just as the two governments are locked in a trade war that is shaking the global economy. Hanwha Aerospace said there had been growing interest in its...

  • NEW YORK, Oct 1- JPMorgan Chase& Co has become so big that some rival banks and analysts say changes to its $2.7 trillion balance sheet were a factor in a spike last month in the U.S. Rates in the $2.2 trillion market for repurchase agreements rose as high as 10% on September 17 as demand for overnight cash from companies, banks and other borrowers exceeded supply.

  • DUBAI, July 30- The Dubai Financial Services Authority said on Tuesday it had fined two entities of private equity firm Abraaj $315 million, the largest financial penalties it had ever imposed. In the first major fines on Abraaj, which collapsed last year, DFSA imposed a penalty of around $300 million on Abraaj Investment Management Ltd and $15.3 million on...

  • FRANKFURT, May 28- Britain's offshore territories the British Virgin Islands, Bermuda and the Cayman Islands were named in a study released on Wednesday as the most significant jurisdictions used by global companies to minimise their tax bills. Governments are stepping up efforts to recoup more tax from multinationals, with the European Commission forcing...

  • Paul Singer

    Mednax is a small Florida-based health-care services provider.

  • Containers are loaded onto automated guided vehicles (AGV) during the testing phase of the Long Beach Container Terminal in Middle Harbor at the Port of Long Beach in Long Beach, California.

    Hedge fund fees, which were previously taxed as income at rates as high as 45 percent, could be completely exempt from taxation.

  • Microsoft mogul's yacht blamed for destroying coral reef

    A yacht owned by Microsoft co-founder Paul Allen is being blamed for damaging protected coral reef in the Cayman Islands.

  • Pirates to invade the Caribbean

    Thousands of would-be pirates will flock to the Cayman Islands, as part of the annual Pirates Week National Festival.

  • The Ritz-Carlton Grand Cayman

    The Cayman Islands will play host to its 38th annual Pirates Week National Festival, which runs Nov. 12-22.

  • Jack Ma, founder of Alibaba Group Holding Ltd.

    The glittery initial public offering, which prices Thursday evening, may not be all gold.

  • "We will fight for bank secrecy. We are no tax haven," Austria's finance minister said after a group led by Europe's six biggest countries pledged to work together to tackle tax havens.

  • German hedge fund manager Florian Homm, who had been a fugitive for more than five years, was arrested in Italy on U.S. fraud charges, according to a statement from the U.S. attorney's office in Los Angeles.

  • Jack Lew speaks during his confirmation hearing.

    The top Republican lawmaker vetting Jack Lew to serve as Treasury secretary zeroed on his work at Citigroup as a possible conflict of interest.

  • Jacob Lew

    When the Treasury secretary nominee was chief operating officer of Citigroup's Alternative Investments unit, the bank had over a hundred subsidiaries based in the Cayman Islands.

  • LONDON, Nov 5- A U.S. fine for anti-money laundering rule breaches could cost HSBC significantly more than $1.5 billion and is likely to lead to criminal charges, Europe's biggest bank said on Monday.

  • LONDON, Nov 5- A U.S. fine for anti-money laundering rule breaches could cost HSBC significantly more than $1.5 billion and is likely to lead to criminal charges, Europe's biggest bank said on Monday.

  • By Radu Marinas and Sam Cage and Justyna Pawlak and Raissa Kasolowsky. BUCHAREST/ BRUSSELS/ DUBAI, Nov 2- Two months into anti-government protests in Syria last year, as the military crackdown grew more vicious, the European Union and United States introduced sanctions against President Bashar al-Assad, his security chiefs and members of his family.

  • Growing numbers of accountants, banks and consultants are signing lengthy office leases in Luxembourg and the Channel Islands as they flock to serve customers seeking the legal ways to cut their tax bills offered by having a offshore base.

  • Growing numbers of accountants, banks and consultants are signing lengthy office leases in Luxembourg and the Channel Islands as they flock to serve customers seeking the legal ways to cut their tax bills offered by having a offshore base.