Bloomberg Hong Kong’s housing market is suffering its worst declines since 2016 — by multiple measures. New-home sales this month are on track to be the lowest by volume since January or February of that year, according to Midland Realty data. Meanwhile, used-home prices have fallen for eight weeks, the longest losing streak since 2016, according to the Centa-City Leading ...

Bloomberg Wu Yajun’s transfer of a $7 billion stake to her daughter caps the property developer’s comeback after a 2012 divorce robbed her of the title of China’s richest woman. It also marks the distance that billionaire Wu has come since quitting an “iron rice bowl” job in 1988. Her property empire Longfor Group Holding Ltd. has almost doubled in ...

Bloomberg US President Donald Trump dropped a rhetorical bomb on UK Prime Minister Theresa May’s efforts to get a Brexit agreement through parliament, warning the deal she reached with the EU could jeopardise Britain’s ability to strike a trade pact with the US. “Right now as the deal stands she may not — they may not — be able to ...