Rare 5.4-magnitude natural disaster strikes South Korea

Adjust Comment Print

On November 15, a magnitude 5.4 quake struck the city of Pohang, a southeastern coastal region of South Korea.

The quake was reported about 6 kilometers north of Pohang at 2:29 p.m. Wednesday, according to the Korea Meteorological Administration.

Residents in Seoul, which is more than 300 kilometers away from the epicentre, felt tremors, and said their buildings shook.

South Korea has relatively little seismic activity, unlike neighbouring Japan.

The South Korean port city of Pohang is home to the headquarters of Posco - the country's top, and the world's fourth largest, steelmaker. There have been no reports of any damage to them yet.

State of Wisconsin Investment Board Raises Position in MGM Resorts International (MGM)
Employees Retirement Systems Of Texas holds 260,000 shares or 0.11% of its portfolio. 9,938 were accumulated by Airain Limited. The firm owned 432,146 shares of the company's stock after purchasing an additional 25,773 shares during the quarter.


Reports of shaking buildings and toppling furniture flooded in from Seoul to Jeju Island.

Images posted on social media showed shattered storefronts, goods tumbled off store shelves, cars smashed by fallen bricks and cracks on the ground.

Pohang is some 35km from the Wolseong Nuclear Power Plant, which has six operational reactors.

The quake shook South Korea's southeastern coast of Pohang.

Comments