Japan's Meteorological Agency has lifted a tsunami warning for the country's north-eastern coast following a strong earthquake.

The warning was issued after a magnitude 7.3 quake struck offshore at 9.18am Malta time, swaying buildings across much of Japan. There were no immediate reports of serious damage but two people were reportedly hurt.

After the quake, authorities issued a warning that a tsunami potentially as high as two metres could hit. Ishinomaki, a city in Miyagi, reported that a tsunami of one metre hit at 10.02am Malta time.

About two hours after the quake struck, the tsunami warning was cancelled.

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