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An earthquake on the main Indonesian island of Java has killed scores of people and injured hundreds, say officials. The 5.6 magnitude quake struck Cianjur town in West Java, at a shallow depth of 10km (6 miles), according to US Geological Survey data. Scores of people were taken to hospital, with many treated outside. Rescuers …
Indonesia: Java quake kills scores and injures hundreds Read More »
Better regulations are needed to protect the financial system after the collapse of the FTX cryptocurrency exchange, a senior Bank of England official has said. Digital currencies are still too small to pose a threat but that will soon change, said Sir Jon Cunliffe. FTX filed for bankruptcy last week and owes its largest creditors almost …
FTX: Tougher crypto rules needed after collapse, says Bank of England. Read More »
KEY POINTS There are signs inflation may fall further in coming months, but housing threatens to mute any improvement. DOWNLOAD LIVE STORM : The Best Video Conferencing App FOR WEBINAR and Business The consumer price index, a key barometer of inflation, rose 7.7% in October from a year ago. While still quite high by historical standards, that …
This is why it may take a while for housing inflation to cool off. Read More »
Amazon is planning to lay off approximately 10,000 employees in corporate and technology roles beginning this week, according to a report from The New York Times. Separately, The Wall Street Journal also cited a source saying the company plans to lay off thousands of employees. Shares of Amazon closed down about 2% on Monday. The cuts would be the …
Amazon reportedly Plans to lay off about 10,000 employees Read More »
Governor of the Central Bank, Dr Ernest Addison says feedback from the piloting has been positive and that gives them the indication that the country is ready for a full nationwide rollout of the eCedi soon. “There has been a pilot carried out in different parts of the country and the feedback I have gotten …
BoG testing online version of eCedi with Vodafone Cash customers  Read More »
