Business & Finance

Latest news

Monaco still top of the prop

The latest Knight Frank Prime Global Cities Index has reconfirmed Monaco as having the most expensive real estate worldwide. The top-end agency reports that $1 million (€954,000) buys only 17...

Bank accounts become more expensive

Two more German banks are to introduce negative interest rates for clients with large deposits. From April 1, Stadtsparkasse of Munich will introduce a negative rate of 0.4 percent for customers with...

Monaco a “magnet” for Australian funds

Australia’s anti-money laundering and counter-terrorism agency, Australian Transaction Reports and Analysis Centre (AUSTRAC), has named Monaco as one of the destinations for money transfers that...

Mixed results for third quarter

IMSEE, Monaco’s statistical office, has reported mixed results for the third quarter of 2016. While overall revenues, excluding financial and insurance activities, declined over the period, the...

HMRC tries new tactic

The UK tax authorities have announced a consultation period on plans intended to limit the number and efficiency of complex offshore arrangements that aim to bring tax advantages to UK taxpayers....

Monaco drags behind Dublin's property market

Monaco is lagging behind Dublin in terms of prime property prices, according to the latest report from Knight Frank. Dublin’s prime residential properties, defined as the top five percent of the...