World Development Indicators (WDI) serves as the World Bank's primary collection of internationally comparable data on development. It is a comprehensive resource that contains pertinent, top-notch ...

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 ...

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, ...

Many low-income and emerging market countries face an increasingly precarious economic future as they grapple with mounting debt burdens. Creditors include international financial institutions, the ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. The Cheng family is one of Hong Kong's most prominent and richest families, owning billions in ...

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 ...

The violent protests that began in Nairobi in June appeared to erupt suddenly, a direct response to the government’s proposal of a contentious finance bill the month before. But the economic crisis ...

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 ...

Distressed Hong Kong builder New World Development Co. has closed a HK$88.2 billion ($11.2 billion) loan refinancing deal, formally concluding months of negotiations with banks for the largest-ever ...

Adrian Cheng, the third-generation scion of Hong Kong’s billionaire Cheng family, said on Thursday he had stepped down as CEO of the family’s flagship New World Development, after the property company ...

27 February 2024 - The United Nations General Assembly has decided to convene the "Second World Summit for Social Development" in 2025, to address gaps and recommit to the principles outlined in the ...