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 Co. posted a loss in the first half as Hong Kong’s property downturn continued to weigh on the distressed developer. The company lost HK$3.73 billion ($477 million) in the six ...

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, ...

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 ...

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.

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 ...

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 ...

Casa dos Ventos wind turbines operate in Serra da Babilonia in Morro do Chapeu, Bahia state, Brazil, on May 17, 2023. Maria Magdalena Arrellaga/Bloomberg—Getty Images As the world accelerates efforts ...

Risk is all around us, an inherent part of life. And in the world of development, there are also risks, including war, civil disturbance and expropriation. Junaid Kamal Ahmad: When Egypt did in fact ...