Market Review and Trends
Top News this Week (14 Aug)
By Financial Horse  •  August 14, 2022
Rounding up top investing articles from around the web, including articles shared in our Facebook Group and Reddit Community: r/SingaporeInvestments. Singapore narrows 2022 GDP growth forecast to 3-4% amid further deterioration in global economic outlook (CNA) Singapore has trimmed its growth forecast for 2022, as the global economic environment weakens further amid challenges such as inflation and persistent supply chain disruptions. The Ministry of Trade and Industry (MTI) said on Thursday (Aug 11) that the country’s gross domestic product (GDP) for this year is now expected to come in between 3 and 4 per cent, narrowing from the previous 3 to 5 per cent range. Taiwan rejects China’s ‘one country, two systems’ plan after holding military drill (Straits Times) Taiwan rejects the “one country, two systems” model proposed by Beijing in a white paper published this week, the self-ruled island’s foreign ministry said on Thursday (Aug 11), after its army held another live-fire drill as China ended their own military exercises....
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By Financial Horse
Financial Horse was started to demystify financial investments. 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 gallops through the mysteries ...
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