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China announces tariff concessions ahead of trade talks

Bloomberg The Chinese government said it will extend a suspension of retaliatory tariffs on US autos and include the opioid fentanyl in a list of controlled substances, two steps that could generate a positive atmosphere for trade negotiations due to resume this week. Beijing temporarily scrapped the 25 percent tariff imposed on vehicles as a tit-for-tat measure on January 1, ...

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India’s first REIT rises on trading debut

Bloomberg India’s first real estate investment trust, the Blackstone Group LP-backed Embassy Office Parks, rose on its trading debut, in a vote of confidence for a potential new funding avenue for the nation’s cash-strapped developers. The REIT units climbed as much as 8.3 percent before closing 4.7 percent higher at 314.10 rupees in Mumbai. The benchmark S&P BSE Sensex Index ...

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Singapore luxury home prices drop

Bloomberg Singapore home prices fell for a second straight quarter, with values of luxury dwellings falling the most in almost a decade as property curbs imposed mid-last year took some heat out of the market. Private residential prices declined 0.6 percent in the three months ended on March 31 from the previous quarter, when they fell 0.1 percent, the Urban ...

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