Why this is even in the news? The earthquake had a magnitude of just 5.9, and it had a depth of 43 km. This means that the number of casualties are likely to be very low. Also, the epicenter was some 70 km away from Manila in the South China Sea.
An earthquake is always news, there is the chance that no lives are lost but there are going to be probably some economic repercussions, so it is important.