Underground quake of mag 7.9 has hit 60km off the east coast of Samar. Tsunami warnings issued for the Philippines, Guam, Indonesia, Japan, and Hawaii. Expected arrival in Hawaii at 12:28pm HST. No indication yet that an actual tsunami has been generated.
More here at Fox News.
UPDATE: 12.0831-2330 Manila Time:
Apparently a tsunami HAS been generated. More here.
UPDATE 12.0901-0030 Manila Time:
1 dead. All tsunami warnings have been cancelled. More here.