The Edge Singapore

African Development Bank gets record US$11 billion in funding

The African Development Bank’s concessional financing arm mobilised a record US$11 billion in its 17th replenishment.
The Edge Singapore

Ford cancels US$6.5 bil EV battery contract with Korea’s LG

Ford Motor Co cancelled a 9.6 trillion won (US$6.5 billion) agreement to purchase batteries from LG Energy Solution Ltd after ...
The Edge Singapore

Mooreast Holdings appoints Yangzijiang Financial’s MD Alvin Chew to board

Mooreast Holdings has appointed Alvin Chew as a non-executive non-independent director from Jan 1, 2026. The group says that ...
The Edge Singapore

Diageo sells East Africa brewer to Asahi for US$2.3 bil

Diageo plc agreed to sell its majority stake in East African Breweries Ltd to Japan’s Asahi Group Holdings Ltd in a US$2.3 ...
The Edge Singapore

Apac bets on AI but businesses struggle to move beyond the basics: reports

AI is forecast to lift Asia Pacific growth, but reports from Mastercard, AWS and LinkedIn show a two-tier AI economy emerging ...