Japan’s economy shrank in the first three months of this year as the omicron variant swept across the nation, with lingering supply snarls and soaring import prices adding to the unfavorable conditions for businesses and households.
Singapore’s Jungle Ventures has raised $600 million to continue backing early-stage startups in Southeast Asia and India, amid a market rout pummeling valuations of tech companies.
The “It’s time to build” investor spoke at a tech conference in Washington about the trouble with building things.
Tata Consumer Products Ltd., the food and beverage arm of the $103 billion Indian conglomerate, wants to go on an acquisition spree to bolster its position in the country’s competitive consumer goods sector, and is in discussions to buy up to five brands.
Sri Lanka’s impending default on $12.6 billion of overseas bonds is flashing a warning sign to investors in other developing nations that surging inflation is set to take a painful toll.
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