An offshore bank account is an account which is set up outside the country of residence of the account holder. Offshore banking can cater to investors of all levels and the process to open an offshore account is relatively simple and similar to that of your standard local bank account. Essentially an offshore account provides the means for wealth to be protected, preserved and ultimately increased, as favorable conditions are often offered by offshore banks. These factors have contributed to the increasing number of investors opting to deposit their money in international bank accounts.

By now most everyone has heard about eBay.com. Just in case you have been living under a rock though, eBay is an online auction site that allows you to buy and sell other people's products.

A referendum on independence is in prospect, but it economics that will determine the ultimate destiny of the British isles’ constituent nations. By Brian Groom

Chinese shoppers are a fixture of the western luxury retail scene but many upscale brands yearn to bond with China’s million millionaires

Charges, including a $4bn break fee, drag the US telecoms group from net income of $1.1bn to a $6.7bn net quarterly loss

The Spanish oil group has finally defused tensions between itself and two shareholders who last year ganged up to lean on Repsol’s board

Confidence in US derivatives trading has been battered by last year’s failure of a big broker, which showed customers could lose money kept in special accounts, writes Hal Weitzman and Gregory Meyer

It's no surprise to find out that nowadays, most of everybody's dilemma is about finances. Money problems usually come and go but for some, it's forever on their backs. They are chained with credit card fees, loans and other avoidable debts.

While the sum may be enough to buy Facebook, the favourite option among analysts and investors is to start paying dividends to shareholders

Shares rebound as decline not as bad as previously thought