A deadly magnitude 7.4 earthquake that killed a pregnant woman shook a fish pond in a family's garden in the Philippines on Saturday evening.

CCTV footage shows the tremors rattling the water and several buckets as residents were heard panicking in Valencia town, Bukidnon province, in the southern Philippine island of Mindanao on December 2.

The quake struck off Surigao del Sur province at a depth of 26 kilometres at 10:37 pm local time, Philippine seismological agency PHIVOLCS reported. It triggered tsunami warnings that were later lifted.

Defense Secretary Gilbert Teodoro Jr. said in a Sunday press conference that at least one person - a pregnant woman crushed by a collapsed wall in Davao del Norte province - had died during the quake. Four others were injured, nine were missing, and around 2,600 were affected.

The quake comes two weeks after another powerful tremor jolted Sarangani province, also on Mindanao island, on November 17, at least 11 people.

The Philippines is an archipelago of more than 7,000 islands inside the Pacific 'Ring of Fire' where the majority of Earth's volcano eruptions and earthquakes happen.