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 ...

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 by the ...

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 ...

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 ...

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 ...

Middle-income countries—home today to 6 billion people—are in a race against time. Since the 1990s, many of them have done well enough to escape low-income levels and eradicate extreme poverty, ...

New World Development is a leading property developer in Hong Kong and mainland China under the Cheng family, with property development and investment as core businesses. As NWD aims to raise the ...

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 World Bank has taken its first step since ending its ban on funding nuclear energy projects by partnering with the International Atomic Energy Agency to support countries that choose to include ...

How can migration lift people out of poverty? How can its benefits be measured? How will current demographic trends and climate change affect future migration patterns? And what can origin and ...

World's largest alternative asset manager Blackstone has walked away from a proposed $4 billion tie-up with New World Development, controlled by Hong Kong's billionaire Cheng family. The decision came ...