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Market watch: Asian stocks steady ahead of Fed decision; oil holds firm after Ukraine strikes Russian refineries

File photo (Picture credit: AFP) Asian equities were mixed on Monday as investors braced for an expected interest rate cut by the US Federal Reserve later this week, while oil prices held steady after Ukrainian drone strikes on Russian refineries raised concerns about supply disruptions.Markets have rallied in recent weeks on signs of cooling US…

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Chinese auto market: Govt unveils plan to ‘stabilise’ sector; emphasis on ‘cost surveys and price monitoring’

China rolled out a two-year plan aimed at easing turbulence in its car industry, where aggressive price cuts and trade disputes have weighed heavily on growth.State news agency Xinhua said the programme, covering 2025 and 2026, was issued jointly by eight government departments. It places emphasis on “cost surveys and price monitoring” while urging carmakers…

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India REITs shine: Yields at 6-7.5% beat global peers; $25 billion market cap seen in four years

Indian Real Estate Investment Trusts (REITs) are delivering average yields of 6-7.5 per cent, outpacing many mature global markets, according to a joint report released by CREDAI and ANAROCK Capital. The study, Indian REITs: A Gateway to Institutional Real Estate, was unveiled at CREDAI NATCON in Singapore, as reported by news agency ANI.Since the country’s…

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