Tsunami warning issued as magnitude 7.5 earthquake hits off PNG
[SYDNEY] A magnitude 7.5 earthquake struck off Papua New Guinea on Tuesday, triggering a tsunami warning for coastal communities.
The quake hit 137 kilometres south of Kokopo, the capital of East New Britain province that's home to about 26,000 people, according to the US Geological Survey. The Pacific Tsunami Warning Center said hazardous waves were possible for coasts within 300 km of the epicenter.
Papua New Guinea is in a zone where the Pacific, Indo- Australian and Philippine plates meet and constantly shift, sometimes causing earthquakes, some of them producing tsunamis.
BLOOMBERG
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
China central bank says treasury bond trading will be two-way
US wholesale inventories drop by unrevised 0.4% in March
China, Serbia chart ‘shared future’ as Xi Jinping visits Europe
World extends run of heat records for 11th straight month
SpaceX’s unit Starlink secures Indonesia operating permit
Axiata, Sinar Mas seek permission for Indonesia telco merger, minister says