Unwilling to cede control over New World Development Co., Hong Kong’s billionaire Cheng family is now betting on the revival of the city’s property market and mulling options like a public share sale ...

Amazon this week in a message sent to staff announced it is laying off 14,000 corporate jobs that includes "significant" cuts to its video game business. Amazon Games has now officially confirmed it ...

The latest update is out from New World Development ( (HK:0017)). New World Development Company Limited has announced the appointment of Mr. Chan Yiu-Ho as an Executive Director, effective December 12 ...

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 ...

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 ...

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 ...

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 ...

New World Development Co.'s bond swap plan is set to trim about $1.2 billion from the company's debt pile. The company proposed the plan to issue up to $1.9 billion of new debt in exchange for ...

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 ...

The average one-year price target for New World Development Company (SEHK:17) has been revised to HK$6.64 / share. This is an increase of 15.53% from the prior estimate of HK$5.75 dated January 11, ...