The unexpected departure of Eric Ma cast a shadow over New World’s efforts to turn around its struggling business amid property downturns. Eric Ma, CEO of the Hong Kong billionaire Cheng family’s ...

HONG KONG (Reuters) -New World Development's shares and bonds rallied on Monday after the major Hong Kong developer said it would increase cash flow and cut debt, but analysts said a more concrete ...

Pursuant to General Assembly Resolution 78/261 of 26 February 2024, a “Second World Summit for Social Development” (WSSD2) was launched, to be held in Doha, Qatar on 4 to 6 November 2025[1]. H.E. Mr.

Feb 21 (Reuters) - Hong Kong-based property developer New World Development (0017.HK), opens new tab said on Friday it expects to swing to a loss of up to HK$6.80 billion ($875.07 million) for the ...

New World Development, built by the Chengs – one of Hong Kong’s “big four” property dynasties, is now struggling with debt after years under a third-generation heir’s leadership, highlighting the ...

New World Development's K11 Musea shopping mall, part of the company's flagship Victoria Dockside development in Hong Kong's Tsim Sha Tsui district. Shares of New World Development, controlled by Hong ...

As distressed Hong Kong builder New World Development Co. gathers more support from banks for its targeted HK$87.5 billion ($11.1 billion) loan refinancing, a key part of the terms shows that it must ...

Distressed Hong Kong builder New World Development Co. has secured written commitments from all banks for a HK$87.5 billion ($11.1 billion) loan refinancing, people familiar with the matter said, ...

The term "Third World" is making headlines. Last week, President Donald Trump wrote on Truth Social that immigrants from poor nations are a burden on the United States. "I will permanently pause ...

Nov 3 (Reuters) - Hong Kong property developer New World Development (0017.HK), opens new tab has launched a debt exchange offer of up to $1.9 billion, aiming to restructure its outstanding perpetual ...