A 7.9-magnitude earthquake struck off the Philippine coast on Friday, reports quoting the U.S. Geological Survey said.
A tsunami warning was also issued for the region, the report added.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.