Rare bulls in China property market stick to their bets
The few investment houses which are bullish on China’s property sector are holding on to their optimistic bets in defiance of a faltering stock market and a dominant view that Beijing’s latest support package was not enough. The positive calls, including from Citi and Bank of America, were made in the lead-up to easing measures announced on […]
UniCredit CEO says digital euro “very good” plan if banks fully involved
Plans for a digital euro will be a “very good” thing for the currency bloc and its lenders if banks remain central to the flow of money as they are at present, UniCredit Chief Executive Andrea Orcel said on Tuesday. “It’s a matter of sovereignty for Europe: we cannot not have a digital euro,” Orcel […]