Panama papers | FAQ: A look at offshore accounts used to hide wealth and avoid taxes

Privacy has a price. For the super-wealthy, it can also have a big payoff. The use of offshore accounts and favorable laws in certain countries can allow rich individuals and families

Panama Papers | Reports on leaders’ finances a bugbear for Beijing

Reports based on millions of leaked documents say relatives of past and present Chinese officials, including the brother-in-law of current President Xi Jinping, opened overseas shell companies of the type

China, Pakistan push back on offshore revelations as Syria named

China denounced the so-called Panama Papers exposing shell companies as part of a conspiracy and Pakistan’s prime minister denied his family did anything wrong as the revelations spurred calls by

Panama papers | Rajan cautious on leaks as Modi seeks hidden India cash

  India’s central bank Governor Raghuram Rajan urged caution on drawing premature conclusions a day after the government announced an investigation into the reported offshore accounts of hundreds of citizens, from

Vietnam warns of dire impact from planned Mekong dams

Research commissioned by Vietnam has warned of devastating environmental and economic effects for millions of people living along the Mekong River if 11 proposed dams are built on its mainstream. The

Australia | Surfing soothes asylum-seekers’ fears of sea

  They gather under the blazing sun and blue skies of an Australian beach, looking out at the water that once symbolized so much misery: Terrifying boat trips marked by sickness

Panama papers: the latest developments

The Latest on the publication by a coalition of media outlets of an investigation into offshore financial dealings by the rich and famous: Slovenia: Boxer Dejan Zavec named Slovenia’s finance ministry has

Panama papers | Panama rejects mon ey-launder label following documents leak

Panamanians have long shrugged off their country’s checkered reputation as a financial haven for drug lords, tax dodgers and corrupt oligarchs. If they’re crooks, they’ve learned from the world’s wealthy

This Day in History | 1989 Dockers’ ‘jobs for life’ scrapped

Employment Secretary Norman Fowler told MPs the National Dock Labour Scheme (NDLS) had become “a total anachronism” which stood in the way of a modern and efficient ports’ industry. Mr Fowler

Offbeat | Croatian police probe massive theft from its headquarters

Croatian police are investigating the reported theft of 280,000 euros (USD320,000) and two kilograms of gold — all snatched from the force’s headquarters. Helena Biocic of the police media office confirmed

Panama papers | FIFA judge faces ethics investigation over offshore accounts

  A FIFA judge who helped ban Sepp Blatter for financial misconduct is now under investigation by his ethics committee colleagues after being named in an international probe of offshore accounts. The

Football | Loss to Urawa has Guangzhou on brink of ACL exit

Defending champion Guangzhou Evergrande is on the brink of a group-stage exit in the Asian Champions League after a 1-0 loss to Urawa Reds yesterday left the big-spending Chinese club

Formula One | Emerson Fittipaldi facing financial difficulties in Brazil

Two-time Indy 500 winner Emerson Fittipaldi is facing serious financial difficulties in Brazil, with authorities seizing trophies and racing cars from his personal museum. Among the cars seized was the one

Football | Greece under renewed threat of soccer ‘Grexit’

FIFA says Greece is facing expulsion from international soccer over a government decision to suspend the country's cup competition because of fan violence. Sports Minister Stavros Kontonis called off the Greek

Macau Matters | Drugs – War or Store?

Some Hong Kong fortunes were founded on the opium trade in China. More recently, in the 1930’s there were businesses happily operating in Macau to make and sell opium to

Wednesday, April 6, 2016 – edition no. 2531

* Gaming stocks rally short-lived * Court hears Adelson’s defamation case * Controversy over planned Mekong Dams impact     DOWNLOAD

The Buzz | ATM not crazy: April’s fooling around

As our readers might know by now, the news we published on the back page of our Friday edition (April 1, “ATM gone crazy, people pocket thousands”) follows a long-lasting

Arts | Photography exhibition features local heritage

Featuring 100 photographs of heritage- listed sites, the exhibition by local photographer Chan Hin Io, aims to reveal the beauty and vitality of Macau’s cultural heritage from different angles. The author said

‘I was never under pressure from Ho Chio Meng,’ gaming regulator says

The current director of the Gaming Inspection and Coordination Bureau (DICJ), Paulo Martins Chan, has claimed during a Radio Macau interview that he “was never pressured to act in a

World Briefs

SINGAPORE’s central bank will give financial institutions room to experiment with new technologies as it seeks public feedback on how a “regulatory sandbox” could work, Managing Director Ravi Menon said.

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