New World Development Co. will issue up to $1.9 billion of new debt in an exchange offer for some of its outstanding notes that includes as much as a 50% haircut for perpetual bond holders.

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(Reuters) -Hong Kong property developer New World Development has launched a debt exchange offer of up to $1.9 billion, aiming to restructure its outstanding perpetual securities, it said in an ...

Natalie Campisi is a senior journalist who covers personal finance, balancing timely news with in-depth enterprise reporting. Her mission is to make complex financial issues clear and accessible for ...

While the near-term forecast is revised up modestly, global growth remains subdued, as the newly introduced policies slowly come into focus The global economy is adjusting to a landscape reshaped by ...