Markets mixed as traders weigh trade deal, US inflation data
Asian markets were mixed Wednesday as they weighed Indonesia's trade deal with Washington and a spike in US inflation that saw investors pare their bets on Federal Reserve interest rate cuts.
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Indonesian shoemakers fear Trump tariffs despite lower levy
At a leather boot shop in the Indonesian city of Bandung, workers handle an order from Texas but owner Etnawati Melani says she fears such business will dwindle when Donald Trump's tariffs hit exports.
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Indonesia hails 'new era' with US after Trump trade pact
Indonesia's leader on Wednesday hailed a "new era" of trade relations with the United States, after Donald Trump said he slashed the tariff rate faced by Southeast Asia's biggest economy from 32 percent to 19 percent.
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Wallabies get Valetini fitness boost ahead of Lions Test
Flanker Rob Valetini has resumed training in a big boost for Australia ahead of the first Test against the British and Irish Lions, with assistant coach Geoff Parling Wednesday "very hopeful" the dynamic forward will be fit.
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Pakistan's quiet solar rush puts pressure on national grid
Pakistanis are increasingly ditching the national grid in favour of solar power, prompting a boom in rooftop panels and spooking a government weighed down by billions of dollars of power sector debt.
Read moreThai ex-PM Thaksin appears on stand in royal defamation case
Former Thai prime minister Thaksin Shinawatra testified in court on Wednesday, seeking to defend himself against royal defamation charges in a watershed case for his faltering political dynasty.
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Dutch tech giant ASML sees profits rise but warns on 2026
Dutch tech giant ASML said Wednesday it booked higher net profits in the second quarter of 2025 compared with the same period last year but warned that geopolitical headwinds had darkened the 2026 outlook.
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Tajikistan's apricot farmers grapple with climate change
Tajik apricot farmer Uktam Kuziev is worried about the future now that climate change is threatening Central Asia's vital fruit harvest.
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Silver says NBA to study possible expansion beyond 30 teams
NBA team owners authorized league officials to begin an in-depth analysis regarding expansion on Tuesday, but NBA commissioner Adam Silver said there was no timetable for any changes.
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Schwarber's homer hat-trick lifts NL over AL in MLB All-Star Game
Kyle Schwarber smashed three home runs on three swings in a tie-breaker swing-off to lift the National League over the American League 4-3 in Monday's 95th Major League Baseball All-Star Game.
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