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 ...

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 ...

(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 ...

Forbes contributors publish independent expert analyses and insights. David Jagneaux is a writer and analyst, covering MMOs and retro games. The never-ending carousel of game industry layoffs ...

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 ...

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 ...

Distressed Hong Kong developer New World Development Co.’s bond swap plan is set to trim about $1.2 billion from the company’s debt pile, but it is still facing liquidity strains with one of the ...

Photo Credit: A king bed guestroom at the Rosewood Hong Kong Hotel, with a view of the Grand Harbour. Rosewood Hong Kong, which debuted in 2019, is an attempt to be Hong Kong's most sumptuous hotel.

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 ...

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, ...