For decades, Nestle SA has tried to get its infant milk powder into the hands of China’s new mothers with promises of brighter, healthier babies. Now it’s trying to do the same for the elderly. Last week, the company launched “Nestle YIYANG Fuel for brainTM senior milk powder,” a formula designed to help China’s seniors “refuel their brains and start …

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 …