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Draghi putting ECB stimulus back on agenda

BLOOMBERG No sooner will Mario Draghi return from his summer vacation than he’ll be looking to boost euro-area stimulus yet again, economists predict. Despite unprecedented measures by the European Central Bank (ECB) president so far, a survey of 47 analysts who cover the institution showed more than 60 percent think he isn’t yet done. The most likely date for fresh ...

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China home-price gains spread as demand spur

  Bloomberg China’s home-price gains accelerated last month as the nation’s economic hubs such as Beijing, Shanghai and Shenzhen continued to lead the way amid surging liquidity that underpinned demand. New-home prices excluding government-subsidized housing climbed in 62 cities, compared with 47 in February, among the 70 cities tracked by the government, the National Bureau of Statistics said on Monday. ...

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Chinese developers prudent on 2016 sales

  Bloomberg Chinese developers set conservative goals for sales in 2016, indicating that they expect property growth to slow after a period of credit-fueled expansion. Twenty-two major Chinese developers set a combined contracted sales goal at 1.3 trillion yuan ($201 billion) this year, representing an 8.8 percent gain from the sales value they reached in 2015, according to data compiled ...

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