Financially challenged Hong Kong property firm New World Development is offering its bondholders a deal. The company plans to swap existing debt for up to $1.9 billion of new debt that includes ...
HONG KONG, Sept 18 (Reuters) - Hong Kong's central bank on Thursday lowered its base interest rate by 25 basis points to 4.50%, tracking a cut by the U.S. Federal Reserve. It was the first easing by ...