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Top News this Week (14 Nov)
By Financial Horse  •  November 14, 2021
Rounding up top investing articles from around the web, including articles shared in our Facebook Group and Reddit Community: r/SingaporeInvestments. China’s Singles’ Day shopping fest subdued by tech crackdown (CNA) The world’s biggest shopping festival has for years been accompanied by aggressive promotions and breathless hourly updates by Alibaba from midnight onwards detailing ever-rising sales figures that dwarf the annual GDP of many nations. But there were no rolling tallies or triumphant comments by executives from major platforms as of Thursday morning, and state media have described a quieter event this year in the wake of Beijing’s campaign to rein in Big Tech. E-commerce platforms are keeping their heads down due to the government scrutiny, which targets alleged abuse of user data and monopolistic business practices, but also appears motivated in part by wider concerns the Big Tech had become too powerful and...
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By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.
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