Magnitude 6.0 earthquake strikes Minahassa Peninsula; third to strike Indonesia

A magnitude 6.0 earthquake struck the Minahassa Peninsula in Indonesia, making it the third significant quake to hit the country in a short period of time. This latest earthquake comes as Indonesia is still reeling from a devastating 7.7-magnitude quake that occurred earlier in the day, resulting in over 40 fatalities. The ongoing seismic activity in Indonesia is a concern for markets and trade, as it may impact the country's economy and global supply chains.

Why it matters

The earthquake has caused significant damage and loss of life in Indonesia. This could lead to a decline in investor sentiment and economic activity in the region.

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