New World: Aeternum's developers deserved so much better. Full stop. The MMO, which was one of the only new real Western-developed MMOs to release in the last five years, was announced to be going ...

(Bloomberg) -- New World Development Co. posted a second straight year of losses as debt pressures and a weak property market took a toll on the distressed Hong Kong builder. The developer controlled ...

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 ...

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 ...

New World Development (OTCPK:NDVLY) is reportedly looking for more banks to join an up to HK$15.6 billion ($2 billion) loan backed by its key asset, Victoria Dockside, as the cash-strapped company ...

HONG KONG, July 2 (Reuters) - Shares of New World Development (0017.HK), opens new tab surged on Wednesday after the cash-strapped Hong Kong property developer closed an HK$88.2 billion ($11.2 billion ...

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 ...

Financially challenged Hong Kong property firm New World Development is offering its bondholders a deal. The company plans to swap existing debt for up to $1.9 billion of new debt that includes ...

The 578-room New World hotel in the Makati business district. Ayala Land—controlled by tycoon Jaime Zobel de Ayala and his family—has acquired Hong Kong-listed New World Development’s hotel in the ...

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 ...

Hong Kong is famed for its business savvy for a reason. Billionaire families like the Chengs, who are behind troubled New World Development Co., understand financial engineering. They also play their ...