Bloomberg Evergrande Real Estate Group Ltd. shares surged in Hong Kong after it agreed to pay 3.6 billion yuan ($555 million) to acquire a stake in China Calxon Group Co. The Chinese real estate developer, which has embarked on a buying spree since last year, closed 3.7 percent higher at HK$5.90 on Monday in Hong Kong, after earlier jumping ...

  Bloomberg China’s banking regulator in Shanghai is halting business between commercial banks and six real estate agencies for a month, the latest in a string of measures to contain risks in the housing market. The suspension, which takes effect on Monday, covers agencies including the local arms of Beijing Homelink Real Estate Brokerage Co., Pacific Rehouse Co. and Shanghai ...

  Bloomberg McDonald’s reported a big jump in first-quarter earnings as chief executive Steve Easterbrook said higher sales in all regions showed a turnaround plan was succeeding. Earnings were $1.1 billion, up 35.4 percent from the year ago period. Revenues dipped 1.0 percent to $5.9 billion. Easterbrook took over as chief executive in March 2015, following a long run of ...