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Moderate earthquake kills 1 person, damages dozens of homes in northern Pakistan

PESHAWAR, Pakistan (AP) — A magnitude 5.8 earthquake struck northern Pakistan on Monday, killing at least one person and damaging dozens of mud-brick houses, authorities said.

In a statement, the regional Gilgit-Baltistan government said the tremors mainly caused damage across the Hunza Valley. The tremors, which were also felt in several districts in the northwest, triggered landslides in Hunza and nearby towns, blocking several roads, it said.

According to the statement, rescue teams were still collecting information on casualties and damages. The quake’s epicenter was in Pakistan-administered Kashmir, according to the Pakistan Meteorological Department.

Pakistan lies along an active seismic zone and is frequently hit by earthquakes.

A magnitude 7.6 quake in 2005 killed thousands of people in Pakistan and Kashmir, which is divided between Pakistan and India and claimed by both.

Asian shares mostly fall and US futures are little changed after US inflation data improves

BANGKOK (AP) — Shares mostly declined Friday in Asia and U.S. futures were little changed after U.S. inflation data showed a better-than-expected improvement in July. Oil prices were holding steady after slipping in recent days. Tokyo's Nikkei 225 index gained 0.3% to 68,533.85, while the Kospi in South Korea rose 1.3%, to 6,924.74. In Hong Kong, the Hang Seng lost 1% to 25,137.87. The Shanghai Composite index was 0.5% lower at 3,908.05.
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