Shares of New World Development surged on Wednesday after the cash-strapped Hong Kong property developer closed an HK$88.2 ...

HONG KONG (Reuters) -Shares of New World Development jumped as much as 11% in early trading on Wednesday, after the Hong Kong ...

By Rishav Chatterjee (Reuters) -Hong Kong builder New World Development said on Monday it had received commitments for a ...

Distressed Hong Kong builder New World Development has secured written commitments from all banks for a HK$87.5 billion ...

The World Economic Forum’s Future of Jobs Report highlights that AI will contribute a net growth of 78 million jobs globally ...

The sale comes on the heels of New World Development's recently concluded $11.2 billion debt refinancing deal, providing a reprieve to the cash-strapped Hong Kong-based developer.

New World Development Co.’s dollar bonds are poised to hit their highest levels this month as the company closes in on a ...

HONG Kong builder New World Development said on Monday it had received commitments for a HK$88.2-billion ($11.24-billion) loan refinancing package, as the property developer finalizes a crucial ...

New World Development has successfully paid the interest on a dollar bond, alleviating some market fears regarding its liquidity. The Hong Kong property developer, facing high debt levels and ...

A consortium of builders led by New World Development (NWD) priced a new residential project on the south side of Hong Kong Island below all neighbouring developments, as the embattled company ...

New World Development Co. bondholders are growing frustrated with the level of financial disclosure by the cash-strapped developer as it prioritizes communication with banks during critical loan ...

Jointly developed by New World Development, Empire Group, CSI Properties, Lai Sun Development, and MTR Corporation, DEEP WATER PAVILIA offers a new ultra-luxury residential property option for Hong ...