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 ...

Hong Kong's New World Development said on Monday it remains "actively engaged" with creditors to refinance existing loans and ...

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.

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 Co.’s dollar bonds are poised to hit their highest levels this month as the company closes in on a crucial loan refinancing deal.

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 ...

Brutal heat scorched Spain this week, a blistering reminder of the climate change that is battering the poorest countries - ...

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 ...

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 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 ...