1, May 2023
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Get the latest business news headlines, delivered to your inbox midday weekdays. The native share market has technically prolonged its profitable streak to six days, with seven of the ASX’s eleven sectors finishing in the green. Auckland Chamber pushes pause on November journey to Israel The Tel Aviv journey was to introduce 20 Auckland companies and high net worths to innovation, tech and funding opportunities in the now war-torn country.

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Jungle Ventures launches programme to invest $2 million or above in seed capitalJungle Ventures invests in early- to growth-stage firms in Southeast Asia and India. Its portfolio contains Moglix, Livspace, Builder.ai and Atomberg among Indian startups. MTR owner Orkla restructures India biz into three unitsNorwegian group Orkla ASA is restructuring its Indian operations into three models – MTR, Eastern, and International Business.

Subdued European Markets As Ftse Dips Amid Vitality Sector Weakness

There was some good news, though, among the raft of economic data from the world’s second-biggest economic system. The tempo of decline in China’s exports and imports slowed for a second month in September, including to current indicators that the faltering economy may be steadily stabilising. Meanwhile, Singapore’s central financial institution surprised the market by asserting it might shift to a quarterly schedule of coverage statements in 2024 from its twice-a-year routine.

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