Page 56 - World Development News Today

(Bloomberg) -- For years, Adrian Cheng had all the trappings of a third-generation scion preparing to lead one of Hong Kong’s wealthiest clans into a new era. He infused his property projects with art, burnished Tsim Sha Tsui’s waterfront as a cultural district and invested in digital tokens. Most Read from BloombergCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Musk’s Cybertruck Is Already a Production Nightmare for TeslaHamas Releases 12 Hostages Despite Cla...

Our 17th edition of the annual list spotlights 15 philanthropists who have in the past year shown commitment and donated generously to causes close to their hearts.

The Hong Kong stock market has moved lower in two straight sessions, stumbling more than 385 points or 2.2 percent along the way. The Hang Seng Index now sits just above the 17,525-point plateau and it's expected to open lower again on Tuesday.

Corporación Inmobiliaria Vesta (NYSE:VTMX – Get Free Report) and New World Development (OTCMKTS:NDVLY – Get Free Report) are both finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their earnings, risk, valuation, profitability, dividends, analyst recommendations and institutional ownership. Valuation and Earnings This table compares […]

Trading volume on HKEX’s Core Climate since its October 2022 debut is less than 1 per cent that of the world’s leading carbon market, as a lack of links with mainland China carbon exchanges stymies progress.

Indermit Gill is Chief Economist of the World Bank Group and Senior Vice President for Development Economics. He brings to the role a broad combination of leadership, expertise, and practical experience working with governments on macroeconomic imbalances, growth, poverty, institutions, conflict, and climate change.

New World Development offered to buy back as much as $600 million of its outstanding dollar-denominated debt through a public tender to manage its debt load, days after receiving HK$21.8 billion ($2.8 billion) from an asset sale to its controlling family, reports the South China Morning Post. The Hong Kong developer offered to repurchase part…

Stocks pare gains in week as corporate earnings so far from Hang Seng Index members trail market projection with tech and banks the biggest culprits.

Most stocks weaken in early trading as the Hang Seng Index hits a one-week low. Concerns about inflation in the US keep investors at bay.

The Hong Kong stock market has finished higher in two of three trading days since the end of the two-day slide in which it had tumbled more than 620 points or 3.