* Malaysian ringgit sees best day in more than one month * Chinese yuan could strengthen to 6.36 vs dollar - RBC * Indonesia markets closed for a public holiday By Anushka Trivedi Oct 20 (Reuters) - The Malaysian ringgit led gains in emerging Asia on Wednesday as signs China's policymakers were moving to contain the nation's property sector troubles supported sentiment, while bond outflows knocked the Thai baht. The People's Bank of China injected 100 billion yuan ($15.65 billion) into the banking system, as several analysts predicted more targeted easing measures would be rolled out in coming months to cushion the country's troubled real estate sector. Alvin Tan, head of Asia FX strategy at RBC Capital Markets, said the currency was very likely to touch the 6.36 level hit in May. Coming off a holiday, the ringgit saw its best day in more than one-month as the oil exporter's currency basked in surging crude prices.
Photo credit: Ascendas REITSINGAPORE (EDGEPROP) - The manager of Ascendas REIT (A-REIT) has on June 3 entered into two separate agreements for the sale of two logistics properties located in Brisbane and one logistics property in Melbourne for a total sale price of A$125.1 million ($128.7 million). (See: Ascendas Reit to acquire remaining 75% interest in Galaxis for $534.4 mil)The manager states that the divestments are in line with its asset management strategy to improve the quality of the REI
* Graphic: World FX rates http://tmsnrt.rs/2egbfVh * Graphic: Foreign flows into Asian stocks https://tmsnrt.rs/3f2vwbA * South Korean shares down 1.8%, eye worst day since March 9 * Malaysia imposes COVID-19 curbs as infections spike * Philippines detects cases of Indian virus variant By Rashmi Ashok May 11 (Reuters) - Tech-heavy equities in South Korea and Taiwan led losses in Asian markets on Tuesday as investors worried over a potential spike in inflation, while rising COVID-19 cases and curbs in other parts of the region further dampened sentiment. Data showed Philippines' gross domestic product (GDP) fell 4.2% in the March quarter from a year earlier, worse than the median estimate of a 3.0% contraction in a Reuters poll, though sequential output figures showed a recovery was underway .