Bloomberg A rally by Hong Kong property developers showed little sign of faltering amid optimism rising home sales will boost earnings. Hong Kong real estate companies were among the biggest gainers on the benchmark Hang Seng Index, which slid 0.4 percent at the close, down from a 1 1/2 year high. New World Development Co. topped the gauge with …

  Bloomberg The worst isn’t over for Singapore’s property market, after government curbs helped push home prices lower for a third year in 2016, said Kwek Leng Beng, the billionaire chairman of City Developments Ltd. “I do not believe the worst is over although I think the worst has slowed down,” Kwek said in a Bloomberg Television interview with Haslinda …

  Bloomberg Bristol-Myers Squibb Co. was once one of the drug industry’s highest-flying companies. Now the pharmaceutical giant has gone from predator to prey, as its sagging stock price has invited in activist investors who are already forcing changes. It announced an agreement with Jana Partners LLC to add three board members, and later in the day activist investor Carl …