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

The World Bank and the United Nations nuclear watchdog on Thursday launched a new agreement to cooperate on the safe ...

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

Disney has made the necessary arrangements to develop a new "major theme park" and two "minor" parks as well as many more ...

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 World Bank has taken its first step since ending its ban on funding nuclear energy projects by partnering with the ...

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 ...

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. Paul Yeung/Bloomberg.

New World Development Co. said that it plans to defer coupon payments due in June on perpetual bonds, as a deadline neared for the cash-strapped builder to notify holders of its decision. The company ...

While there are no confirmed plans for a fifth Disney park in Orlando, a comprehensive plan outlines potential development ...

New World Development announced on May 30, 2025, the deferral of interest payments for four perpetual bonds originally due June 9-22. NWD previously shared that contracted sales for fiscal 2025 ...

HONG KONG: New World Development, a major Hong Kong property developer, saw its shares and bonds tumble on Monday after announcing it would defer coupon payments on its perpetual bonds, increasing ...