New World Development Co. is seeking to sell its flagship 11 Skies mall to address liquidity constraints, according to people ...

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Shares of New World Development surged on Wednesday after the cash-strapped Hong Kong property developer closed an HK$88.2 billion ($11.2 billion) loan refinancing package earlier in the week.

Distressed Hong Kong builder New World Development has secured written commitments from all banks for a HK$87.5 billion ($11.15 billion) loan refinancing, Bloomberg News reported on Thursday, citing ...

There's more good news: Palantir's so-called " Rule of 40 " score, which evaluates the company's revenue growth in relation ...

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 ...

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 finalized an $11.24 billion refinancing package, marking a pivotal moment for the Hong Kong property developer amidst market struggles and potential default.

Hong Kong property firm New World Development said today that it has closed a refinancing deal worth HK$88.2 billion (US$11.2 billion), securing a lifeline as the builder braves a prolonged market ...

Cheng tendered his resignation as a non-executive director and non-executive vice-chairman of New World with effect from July 1. New World Development Co.’s third-generation heir Adrian Cheng has ...