The Hong Kong property developer rushing to refinance billions of dollars in loans
New World’s negotiations with banks come after years of ambitious debt-fuelled expansion
New World’s negotiations with banks come after years of ambitious debt-fuelled expansion

Prolonged slump in retail spending and sluggish office demand put Europe’s largest lender on notice

Banks and companies in emerging markets outside China are issuing debt at the fastest pace since 2021

New York trading firm has rapidly grown to rival Wall Street’s biggest banks

Big Four firm also faces six-month ban related to its work on failed property developer’s books

Lenders resume hiring in Asian financial hub while bankers return after ‘tours of duty’ in Singapore

Financial Stability Board flags high debt, liquidity mismatches and lack of data on banks’ exposure