Tag: offshore fund

BEIJING: China's central government has launched a 150 billion yuan ($21.79 billion) fund designed to support investments offshore by Chinese companies as well as...

LONDON: British Prime Minister David Cameron admitted Thursday he had held a £30,000 stake in an offshore fund set up by his father, after days of pressure following publication of the so-called Panama Papers.

LONDON: Prime Minister David Cameron came under pressure to explain his family's financial affairs on Tuesday after the Panama Papers revealed his late father ran an offshore fund which avoided paying tax in Britain for 30 years.