World

6.4-magnitude earthquake hits off eastern Indonesia

Dec 31, 2023

Jakarta [Indonesia], December 31: A 6.4-magnitude earthquake struck off Indonesia's eastern province of Papua earlier Sunday, with no potential to cause a tsunami, the country's meteorology, climatology and geophysics agency said.
The weather agency previously said the magnitude of the quake was recorded at 6.5.
The earthquake jolted at 00:16 a.m. Jakarta time Sunday (1716 GMT Saturday) with the epicenter located at 1 km south of Sarmi regency of Papua province and a depth of 50 km, it said.
The agency did not issue a tsunami warning because the tremors of the quake would not trigger giant waves.
Indonesia has been frequently stricken by earthquakes because of its position on a vulnerable quake-hit zone called "the Pacific Ring of Fire."
Source: Xinhua

More news

Klay Securities Predicts Negative Returns for Indian Equities in 1H 2025, Offering Opportunities for Long-Term Investors

Mumbai (Maharashtra) [India], January 13: Klay Securities Private Limited, a leading boutique financial services firm, forecasts challenging times ahead for Indian equities in the first half of 2025. According to Ravi Malani, Senior Analyst at Klay Securities, a combination of domestic and global factors suggests that the period may not deliver the easy returns witnessed in recent years. However, this market correction is expected to create lucrative opportunities for long-term investors.

Jan 13, 2025