Magnitude 7.4 quake hits Philippines, no tsunami threat

[bananas]

62. 33 km is a default depth (so are 5 and 10 km)

Whenever you see 5, 10, or 33 km, assume they don't have enough data yet for a good estimate.

http://earthquake.usgs.gov/earthquakes/glossary.php

Glossary of Terms on EQ Maps

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Depth

The depth where the earthquake begins to rupture. This depth may be relative to mean sea-level or the average elevation of the seismic stations which provided arrival-time data for the earthquake location. The choice of reference depth is dependent on the method used to locate the earthquake. Sometimes when depth is poorly constrained by available seismic data, the location program will set the depth at a fixed value. For example, 33 km is often used as a default depth for earthquakes determined to be shallow, but whose depth is not satisfactorily determined by the data, whereas default depths of 5 or 10 km are often used in mid-continental areas and on mid-ocean ridges since earthquakes in these areas are usually shallower than 33 km.

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