Bloomberg US stocks halted a seven-day advance as data showing a rebound in consumer spending offset a wider selloff in commodities. Treasuries advanced amid month-end buying. The S&P 500 Index edged lower from an all-time high banks paced gains while energy producers slumped amid a retreat in crude. Tech shares lifted the Nasdaq 100 Index to a fresh record. The ...

Bloomberg Hong Kong’s benchmark stock index capped a fifth month of gains, its longest winning streak in more than four years, as improving earnings outweighed concerns about China’s campaign to cut leverage. The Hang Seng Index advanced 4.3 percent in May to be among Asia’s best performers. The gauge retreated 0.2 percent on Wednesday at the close. Geely Automobile Holdings ...

Bloomberg Deutsche Bank AG agreed to pay $41 million to settle Federal Reserve allegations that its U.S. operations failed to maintain adequate protections against money laundering, the latest in a string of fines that have cost the German lender billions of dollars. The Frankfurt-based bank’s US operations fell short in complying with the Bank Secrecy Act, which requires lenders to ...