Prices of office buildings, shopping malls and other properties have fallen more than 40 per cent from their highs in 2018.
DISTRESSED property sales in Hong Kong are beginning to bite banks that used to be well protected against loan losses. Read ...
The new US president has vowed to ‘take back’ the waterway, but there’s much more to this modern wonder than meets the eye ...
For decades, Hong Kong’s “big four” property dynasties have been viewed as cash-rich bastions of stability. A crisis of ...
The new year in New York opened with a series of exceptional exhibitions, setting the tone for an art season packed with ...
Wall Street stocks retreated Friday as the market's latest rally lost steam, while the yen pushed higher after the Bank of ...
New World Development is offering to put some of its flagship properties in a collateral package of about HK$119bn (US$15bn) to win over lenders as it seeks financing to avert a liquidity crunch.
(Reuters) - Hong Kong-based property developer New World Development said on Thursday that it continues to carry on business ...
Debt adviser PJT Partners Inc. held a call with some New World Development Ltd. dollar-bond holders Thursday to discuss ...
Quarterly reports released on January 20 show that for the second quarter of its financial year to 31 December 2024, revenues ...
The HyQ tower, in the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, is the bank’s first wholly owned ...
A Brisbane investor says he will be lucky to escape with his deposit after signing up to buy a multimillion-dollar luxury ...