https://www.bloomberg.com/news/articles/2017-06-26/china-sends-message-to-asia-s-casinos-place-your-bets-elsewhere
China tourists and gamblers are cutting down on Asia's casino trips now.
Tuesday, June 27, 2017
Lee Hsien Yang and his wife are in Hong Kong now.
https://sg.news.yahoo.com/lee-hsien-yang-hong-kong-report-101619666.html
I hope they won't seek political asylum in HK so that they can reside in HK.
I hope they won't seek political asylum in HK so that they can reside in HK.
WTO is going to rule on China's market economy status soon and USA is going to intervene again.
https://www.ft.com/content/4d6ba03e-56b0-11e7-9fed-c19e2700005f?mhq5j=e3
USA has warned WTO about granting China the market economy status but I don't think USA will succeed because Germany has expressed support for China to be granted the status.
http://usa.chinadaily.com.cn/epaper/2017-05/26/content_29513126.htm
Germany is a leader in EU and wants EU to comply with WTO rules or risk losing credibility for not honouring the agreement.
USA has warned WTO about granting China the market economy status but I don't think USA will succeed because Germany has expressed support for China to be granted the status.
http://usa.chinadaily.com.cn/epaper/2017-05/26/content_29513126.htm
Germany is a leader in EU and wants EU to comply with WTO rules or risk losing credibility for not honouring the agreement.
Monday, June 26, 2017
Noble suffered another downgrade after credit extension.
https://www.ft.com/content/f657c0f6-cc46-36c6-920b-f95f4bea527d?mhq5j=e3
Fitch downgraded Noble after the credit extension. This means that Fitch doesn't have confidence in Noble on-going operations.
Fitch downgraded Noble after the credit extension. This means that Fitch doesn't have confidence in Noble on-going operations.
US-China security dialogue has great significance.
http://en.people.cn/n3/2017/0624/c90000-9232843.html
This US-China security dialogue is basically a quid pro quo negotiation between these 2 countries.
Notwithstanding the agreements and deals between these 2 countries during the meeting, this meeting did send out an implied significant message. The USA has viewed China as a formidable force that it has no choice but to engage in a discussion with China. The USA won't waste its time for such meeting if the USA didn't view China as an equitable country. This has been the USA mode of operandi.
Therefore, China should make full use of this opportunity to seal any agreements and deals with USA since it has bargaining power now.
This US-China security dialogue is basically a quid pro quo negotiation between these 2 countries.
Notwithstanding the agreements and deals between these 2 countries during the meeting, this meeting did send out an implied significant message. The USA has viewed China as a formidable force that it has no choice but to engage in a discussion with China. The USA won't waste its time for such meeting if the USA didn't view China as an equitable country. This has been the USA mode of operandi.
Therefore, China should make full use of this opportunity to seal any agreements and deals with USA since it has bargaining power now.
Russia and Israel conducted airstrikes in Syria!
Israel fired missiles at Syria army in a tit-for-tat retaliation.
http://www.haaretz.com/israel-news/1.797576
Poor Syria! So many countries are firing missiles at Syria!
PAP is making so many assumptions about LKY's will.
https://sg.news.yahoo.com/insult-suggest-lee-kuan-yew-not-understand-will-hsien-yang-045652976.html
The more PAP speaks out against LKY's will, the more damage it is doing to the ruling party. PAP should just respect LKY's will. Many PAP members talked like they had been with LKY when he signed the will and understood his thoughts.
The more PAP speaks out against LKY's will, the more damage it is doing to the ruling party. PAP should just respect LKY's will. Many PAP members talked like they had been with LKY when he signed the will and understood his thoughts.
Saturday, June 24, 2017
Baltic dry index - 870
Today, Friday, June 23 2017, the Baltic Dry Index climbed by 15 points, reaching 870 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.
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Related stocks: Sembcorp Marine, Cosco & Pan Ocean.
US rig count - 941
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. rose by eight this week to 941.
A year ago, just 421 rigs were active.
Houston oilfield services company Baker Hughes said Friday that 758 rigs sought oil and 183 explored for natural gas this week.
Among major oil- and gas-producing states, Oklahoma added five rigs, North Dakota increased by three, Louisiana added two and California and Colorado were up one each.
Alaska declined by two rigs while New Mexico and Utah dropped one apiece.
Arkansas, Kansas, Ohio, Pennsylvania, Texas, West Virginia and Wyoming were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May of 2016 at 404.
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Related stocks: Keppel Corp, Sembcorp Marine & Cosco.
Friday, June 23, 2017
Aegis ballistic missile defence system is not working.
https://sg.finance.yahoo.com/news/japan-u-fail-shoot-down-042046267.html
If Aegis ballistic missile defence system cannot even intercept a dummy missile, it also cannot intercept a missile that can change its trajectory just before impact. This means that many USA destroyers armed with this system will be sitting ducks in the ocean.
If Aegis ballistic missile defence system cannot even intercept a dummy missile, it also cannot intercept a missile that can change its trajectory just before impact. This means that many USA destroyers armed with this system will be sitting ducks in the ocean.
Hot news! 3-fingered white mummy found in Peru!
http://mysteriousuniverse.org/2017/06/three-fingered-mummified-humanoid-reportedly-found-in-peru/
Alien skeleton found in Peru tested to be real and non-homosapien. It was indeed a living organism in the past.
Thursday, June 22, 2017
Setting up a will is useless in Singapore.
http://www.channelnewsasia.com/news/singapore/38-oxley-road-dispute-govt-of-the-day-has-to-be-responsible-for-8965592
Lee Hsien Yang and Lee Wei Ling are the executors of Lee Kuan Yew's will. The will didn't put the government as the executor. What's the point of setting up a will when nobody can execute the will?
This is the danger of a one-party system in Singapore and we've been warning against such a system.
Lee Hsien Yang and Lee Wei Ling are the executors of Lee Kuan Yew's will. The will didn't put the government as the executor. What's the point of setting up a will when nobody can execute the will?
This is the danger of a one-party system in Singapore and we've been warning against such a system.
Proof of abuse of power by PM Lee?
https://sg.news.yahoo.com/lee-hsien-loong-obtained-deed-gift-oxley-house-items-capacity-pm-hsien-yang-035033582.html
PM Lee had sold his share in the house to his brother, Lee Hsien Yang, at market price.
When you don't have a share, you shouldn't have a say about the house. Furthermore, Lee Hsien Yang and Lee Wei Ling are executing his father's will. Therefore, PM Lee should just stay out of the matter.
PM Lee had sold his share in the house to his brother, Lee Hsien Yang, at market price.
When you don't have a share, you shouldn't have a say about the house. Furthermore, Lee Hsien Yang and Lee Wei Ling are executing his father's will. Therefore, PM Lee should just stay out of the matter.
Wednesday, June 21, 2017
First robot couriers hit the road.
http://en.people.cn/n3/2017/0619/c90000-9230287.html
China has achieved many first attempts nowadays. First Quantum satellite, first fully automated port, first robot couriers, etc.
China is really advancing at a breakneck pace in technology changes.
China has achieved many first attempts nowadays. First Quantum satellite, first fully automated port, first robot couriers, etc.
China is really advancing at a breakneck pace in technology changes.
Australia chickened out after Russia's warning.
https://www.theguardian.com/australia-news/2017/jun/20/raaf-suspends-air-operations-over-syria-after-russian-threat-to-coalition-forces
Australia is a coward! Australia wants to follow behind USA's butt but is unwilling to take any risk.
No wonder our late PM Lee called Australia the white trash of Asia.
Australia is a coward! Australia wants to follow behind USA's butt but is unwilling to take any risk.
No wonder our late PM Lee called Australia the white trash of Asia.
Supercomputer ranking in 2017 and China is the best.
https://www.top500.org/news/top500-list-refreshed-us-edged-out-of-third-place/
China has secured the no.1 and 2 ranking for 2017.
No. 1 : China
No. 2 : China
No. 3: Swiss
No. 4: USA
Wow! Kudos to China technology!
China has secured the no.1 and 2 ranking for 2017.
No. 1 : China
No. 2 : China
No. 3: Swiss
No. 4: USA
Wow! Kudos to China technology!
AI can detect skin cancer through your smartphone camera.
http://theprettypimple.com/can-cell-phone-diagnose-skin-cancer/
This is definitely a life-saver as you don't have to go through the hassle to get a medical assessment because the AI is more accurate than a dermatologist.
This is definitely a life-saver as you don't have to go through the hassle to get a medical assessment because the AI is more accurate than a dermatologist.
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