HONG KONG (Reuters) -Embattled New World Development said on Tuesday it expected $1.3 billion of its debt, majority of it being perpetual bonds, to be cut after setting an early deadline for its ...

Hong Kong is famed for its business savvy for a reason. Billionaire families like the Chengs, who are behind troubled New World Development Co., understand financial engineering. They also play their ...

Good afternoon. Welcome to New World Development's FY 2026 interim presentation, online analysts and investors meeting. I am IR Director, Patrick Cheong. I am the moderator for this meeting. First of ...

New World Development Co., the distressed builder at the center of broader property woes in Hong Kong, secured a HK$3.95 billion ($508 million) loan backed by its crown jewel asset in the city, ...

MMO New World: Aeternum is officially ending development but will remain online through 2026, Amazon Games has revealed. The news comes in wake of news that the company is cutting a number of jobs in ...

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 ...

Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International stock ...

Greetings. Welcome to New World Development's FY 2025 Annual Results Announcement webcast for analysts and investors. I am Patrick Cheong, Head of IR and also the moderator for this session. First of ...