Tsunami alert after earthquake hits Indonesia
A massive earthquake with a magnitude of near-9 on the Richter scale has been registered off the northern coast of Sumatra in Indonesia.
A massive earthquake with a magnitude of near-9 on the Richter scale has been registered off the northern coast of Sumatra in Indonesia.
Financial television station CNBC initially reported the earthquake at 8.7 but has since revised it to 8.9. However, the US Geological Survey (USGS) has downgraded its initial estimate of 8.9 to 8.6.
The Pacific Tsunami Warning Centre has declared a tsunami warning for the region.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"[The] early warning system is working well," according to Indonesian President Susilo Bambang Yudhoyono.
He is currently meeting UK Prime Minister in the capital Jakarta where the earthquake was not felt. "Britain of course stands ready to help if help is required. We will stand with you and your government and your people at this time of worry," Cameron told Yudhoyono.
BC
-
Nationwide: UK house prices creep up by 0.2% - are we heading for a rebound?
Nationwide’s latest house price index shows property prices inched up by 0.2% as demand warms up - will this trend go into 2024?
By Kalpana Fitzpatrick Published
-
December 2023 NS&I Premium Bond winners revealed - have you won the jackpot?
Two Premium Bond holders are now millionaires as NS&I reveals December winners. Find out if you’re one of them
By Vaishali Varu Published