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Asian markets mixed as trade deal cut-off looms
Asian markets mixed as trade deal cut-off looms
by  AFP

Asian markets swung Wednesday amid trade war worries after Donald Trump said he would not push back next week's tariff deadline, with Tokyo taking a hit from threats to ramp up Japanese levies. The remarks, which come after several visits by Japanese officials to Washington, jolted hopes that deals can be cut with the Trump administration.

Australian airline Qantas says hit by 'significant' cyberattack
Australian airline Qantas says hit by 'significant' cyberattack
by  AFP

Australian airline Qantas said Wednesday it was investigating a "significant" cyberattack, after hackers infiltrated a system containing sensitive data on six million customers. "We are continuing to investigate the proportion of the data that has been stolen, though we expect it will be significant."

India exporters cautiously optimistic as US tariff deadline looms
India exporters cautiously optimistic as US tariff deadline looms
by  AFP

Indian exporters are anxiously eyeing the possible reintroduction of Donald Trump's punishing tariffs next week, though many hold out hope for a last-minute reprieve. "Currently, exporters believe they can manage with a 10 percent tariff, as it can be absorbed.

Fate of major trade deal with EU hangs over Mercosur summit
Fate of major trade deal with EU hangs over Mercosur summit
by  AFP

The fate of a landmark trade deal with the European Union, which France is trying to block, looms large over a summit this week of South America's Mercosur bloc. - 'Lowest ebb' - The biannual Mercosur summit comes at a low point in relations between Brazil and Argentina, South America's biggest and second-biggest economies respectively.

Philippines biodiversity hotspot pushes back on mining
Philippines biodiversity hotspot pushes back on mining
by  AFP

A nickel stockpile towers over farmer Moharen Tambiling's rice paddy in the Philippines' Palawan, evidence of a mining boom that locals hope a new moratorium will tame. For some in Palawan, the demand for nickel to power EVs has a certain irony.

Deal or no deal: What happens with Trump's July tariff deadline?
Deal or no deal: What happens with Trump's July tariff deadline?
by  AFP

A week before US President Donald Trump reimposes steep tariffs on dozens of economies, including the EU and Japan, many are still scrambling to reach a deal that would protect them from the worst. This week, EU trade chief Maros Sefcovic is in Washington in a push to seal a trade deal, with the EU commission having received early drafts of proposals that officials are working on. bys/sla