JAKARTA -Indonesia has beefed up security at Nusa Kambangan prison island and closed it to visitors in a sign authorities are preparing to execute people convicted of drug crimes. The head of prisons in Central
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Tremors reported in parts of Singapore
Tremors reported in parts of Singapore as magnitude 6.5 earthquake hits off Indonesia’s Sumatra. JAKARTA/SINGAPORE – The Indonesian island of Sumatra was hit by a magnitude 6.5 earthquake with tremors felt in neighbouring Singapore just
Read moreHSBC warns market volatility is here to stay
Financial markets will permanently be more volatile thanks to regulations that have squeezed liquidity out of the market, according to HSBC’s chief executive Stuart Gulliver. Across the world, investment banks’ profits tumbled in the first three months
Read moreJakarta Ponzi scheme
2011, the police arrested Jaya Komara who allegedly defrauded his clients in an investment scam. The scam itself began to surface when four of his alleged victims reported the scam to the police. According to
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