Government bonds are often labelled as risk-free investments and are favourite financial instruments among fixed income fund managers.
Government bonds are IOUs issued by the government and the government pays interest rates on its IOUs just like bank loans. However, some government bonds are sauntering into negative yields these few months. What does this negative yield mean? It means consumers have to pay interest rates to the government for buying the bonds. In other words, you pay interest rates for lending money to someone instead of collecting interest rates for money lent out. Many people cannot reconcile this negative bond yield with the traditional bank loan concept that is imbued in them.
Thus, why would fund managers be interested in these negative bond yields? Surely, they have the financial literacy to know this is a money losing investment. Well, fund managers know something that ordinary people don't. Fund managers can perform the midas of turning negative yield into positive yield. How is this possible?
Let's suss out the MIDAS!
Fixed income fund managers will sift out arbitrage opportunities in other interest rates related financial derivatives as a trade off to the negative bond yields by doing interest rate swaps in different currencies.
Example of USD-Yen interest rates swap:
A USD fund manager will borrow yen and lend out USD using Libor rates.
Facts:
3-month USD Libor : 0.82%
3-month JPY Libor : -0.02%
USD-Yen interest rate swap spread: 0.64%
3-month JPY Bond yield: -0.24%
When a USD fund manager borrows yen, he will pay JPY Libor (-0.02%) and receive USD Libor (0.82%) for lending out USD with a spread of 0.64%. Since the JPY Libor is a negative rate, the USD fund manager will receive interest of 0.02% instead of paying 0.02% interest.
Therefore, the net effect in carrying out this USD-Yen interest rates swap is 0.82% - (-0.02%) + 0.64% = 1.48%
Then the fund manager will invest in JPY bonds with -0.24 yield with the borrowed yen which means the net effect is 1.48% - 0.24% = 1.24% because he has to pay an interest rate to the government instead. As you can see, the smart USD fund manager has managed to earn 1.24% instead of 0.82% when he invests only in USD Libor.
Since China has the largest USD foreign reserves, it has performed the USD-Yen interest rate swap and bought a lot of negative JPY bond yields these few months.
Monday, November 21, 2016
NATO unity is breaking up!
Turkey which is part of NATO is very unhappy about EU and is mooting the idea to create and join a China security bloc. This will definitely create tensions in EU and NATO as Turkey gets closer to Russia and China. Turkey maybe just issuing empty threat to gain more bargaining chips for its political interest.
Saturday, November 19, 2016
Philippines economy is getting better when it gets cozy with China.
http://en.people.cn/n3/2016/1117/c90000-9143257.html
China is helping Philippines in infrastructures development and will be increasing FDI in the country too. Furthermore, China will include Philippines in the new sea lane which will be part of the one-belt-one-road plan.
China is helping Philippines in infrastructures development and will be increasing FDI in the country too. Furthermore, China will include Philippines in the new sea lane which will be part of the one-belt-one-road plan.
High interest rate environment is coming!
The spark of this vicious interest rate cycle is caused by the bond market selloff. Bond price and yield are inversely related to each other because bond pricing formula is based on time value of money concept.
As bond prices decrease, bond yields will increase and vice versa. Bond yields have been low for quite some time and some bond yields are even in negative territory now. Consequently, investors are selling bonds to seek better returns or yields and this bond selloff causes yields to fall. As China is USA largest creditor, China foreign reserves are shrinking because the total value of its USA bonds is declining. Since foreign reserves make up the backbone of the Renminbi (RMB) strength, RMB devaluation is inevitable as investors will sell RMB because its backbone is weakening. Thus, RMB has been declining to recent lows.
China is the de facto manufacturing factory of the world and the devaluation of RMB will cause inflation to escalate as China has to buy raw materials with higher prices for production. In other words, China is going to export inflation to the world. As inflation reaches the economic threshold levels of many countries, they will start to raise interest rates to contain inflation. The rises in interest rates will cause bond yields to spike up and depress the bond prices further.
Upon sensing this, China will continue to sell USA bonds to cut its foreign reserve losses with the ensuing outcome of shrinking foreign reserves and more RMB devaluations . This is the vicious interest rate cycle I am talking about. Therefore, the foreboding of higher interest rates is real and will be coming soon.
Baltic dry index - 1257
Today, Friday, November 18 2016, the Baltic Dry Index climbed by 26 points, reaching 1257 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.
US rig count - 588
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by 20 this week to 588.
A year ago, 757 rigs were active. Depressed energy prices have curtailed oil and gas exploration, although the rig count has been rising in recent weeks.
Houston oilfield services company Baker Hughes Inc. said Friday that 471 rigs sought oil and 116 explored for natural gas this week. One was listed as miscellaneous.
Texas gained eight rigs and Louisiana and Oklahoma each gained four.
Ohio gained three, Colorado gained two, while Alabama and Utah each gained one. North Dakota, Pennsylvania and Wyoming each lost one rig. The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.
Friday, November 18, 2016
It is unlikely that Japan will win the Malaysia HSR contract.
http://www.straitstimes.com/asia/east-asia/abe-makes-strong-pitch-for-spore-kl-high-speed-rail?utm_campaign=Echobox&utm_medium=Social&utm_source=Facebook&xtor=CS1-10#link_time=1479343208
China has proven its HSR technology to the world in its own country which is super stable and fast. Please look at our previous posts on China HSR.
China also won the HSR contract in Indonesia based on its own merits. Furthermore, Malaysia is getting cozy with China and will give China the preferential treatment in this bidding. Let's wait and see.
China has proven its HSR technology to the world in its own country which is super stable and fast. Please look at our previous posts on China HSR.
China also won the HSR contract in Indonesia based on its own merits. Furthermore, Malaysia is getting cozy with China and will give China the preferential treatment in this bidding. Let's wait and see.
Thursday, November 17, 2016
UFO sighting in Indonesia!
Singapore export slumps again!
http://finance.yahoo.com/news/singapores-exports-slump-trump-raise-042929452.html
Sigh! Malaysia economy is growing but Singapore economy is shrinking. Malaysia 2nd Quarter GDP growth was 4.1% in 2016 and looked set to grow at 4.2% for 2016.
http://www.thesundaily.my/news/1969791
Is Malaysia stunning growth peculiar to international growth or Singapore declining growth abnormal?
Sigh! Malaysia economy is growing but Singapore economy is shrinking. Malaysia 2nd Quarter GDP growth was 4.1% in 2016 and looked set to grow at 4.2% for 2016.
http://www.thesundaily.my/news/1969791
Is Malaysia stunning growth peculiar to international growth or Singapore declining growth abnormal?
NKF CEO was sacked for personal indiscretion with another guy. Hahaha!
Anyone with a decent IQ will know what personal indiscretion with another guy means. What a way to describe such incident! This is just like what our government is doing....Flooding becomes ponding in SG.
Wednesday, November 16, 2016
OMG! Taiwan is going to lift food import ban for radiation food from Japan.
I will think twice about touring Taiwan now because it's impossible to avoid eating radiation food from Japan in Taiwan as we cannot be certain that the food stalls and restaurants are not using Japan produce and seafood.
There was a japanese tv host who refused to believe that radiation food was harmful to human. Therefore, he tried to convince audiences by eating radiation food on TV. He had cancer after eating radiation food.
http://enenews.com/japan-tv-host-diagnosed-acute-lymphocytic-leukemia-eating-fukushima-produce-show
Do you want to end up like him? Be safe, not ignorant!
There was a japanese tv host who refused to believe that radiation food was harmful to human. Therefore, he tried to convince audiences by eating radiation food on TV. He had cancer after eating radiation food.
http://enenews.com/japan-tv-host-diagnosed-acute-lymphocytic-leukemia-eating-fukushima-produce-show
Do you want to end up like him? Be safe, not ignorant!
China has achieved another technological breakthrough!
China has achieved another technological breakthrough on its own with the development of a high field magnet.
Pakistan has formed strategic alliance with China.
Pakistan has bought 8 submarines from China which will mean China will help to train Pakistan navy.
China gave Singapore a stern warning again!
My fear for Singapore has materialized. Anti-Singapore sentiment has taken root in China and we can see this from the completion of Gwadar Port (Pakistan). China has warned Singapore again after the opening of Gwadar port. The first warning was to demand Singapore to stay out of South China Sea issue. The latest warning is “Don’t think that ancient China had only 1 route!” which implies that China has created another route to ship oil and goods that will bypass Singapore port.
The oil shipment from Middle East and Africa to China will reduce time by 85% with this new route as China can ship the oil from Gwadar port to Xinjiang and vice versa. This new route essentially bypasses the strait of Malacca and Singapore port totally. Therefore, Singapore port handling capacity will begin to reduce further after the operation of Gwadar port. This is the price to pay when we stand together with USA to contain China and China is containing Singapore’s growth through this vindictive move. This is not the end but the beginning of a sinister plan to destroy Singapore because China does not regard Singapore as a friendly Chinese nation anymore. We must give kudos to our ruling party for putting Singaporeans in this precarious predicament. Do not expect USA to come to help Singapore as history has shown that USA will forsake its allies for its own interest.
Tuesday, November 15, 2016
Fake milo production by China men!
Monday, November 14, 2016
Is Japan food safe for consumption?
What do you get for being a staunch USA supporter? Just look at Taiwan!
Taiwan has been a staunch USA supporter but this only brings harm to its citizens.
USA is demanding Taiwan to import its ractopamine beef and pork.
http://www.porknetwork.com/news/protests-erupt-taiwan-reconsiders-ractopamine-ban
Ractopamine is banned in 160 countries because it is harmful to human.
http://articles.mercola.com/sites/articles/archive/2013/12/24/ractopamine-beta-agonist-drug.aspx
Now, Japan is demanding Taiwan to import its radiation affected food.
https://nuclear-news.net/2016/11/13/taiwan-protests-at-public-hearings-about-japanese-food-citizen-group-radiation-measuring/
USA and Japan are shoving harmful chemicals into Taiwanese throats without any regard for their safety. This is what happens if you become a supporter of USA. USA will only use you as a pawn and disregard your interest even if you are part of its allies. Japan will also bully you as USA condones it.
USA is demanding Taiwan to import its ractopamine beef and pork.
http://www.porknetwork.com/news/protests-erupt-taiwan-reconsiders-ractopamine-ban
Ractopamine is banned in 160 countries because it is harmful to human.
http://articles.mercola.com/sites/articles/archive/2013/12/24/ractopamine-beta-agonist-drug.aspx
Now, Japan is demanding Taiwan to import its radiation affected food.
https://nuclear-news.net/2016/11/13/taiwan-protests-at-public-hearings-about-japanese-food-citizen-group-radiation-measuring/
USA and Japan are shoving harmful chemicals into Taiwanese throats without any regard for their safety. This is what happens if you become a supporter of USA. USA will only use you as a pawn and disregard your interest even if you are part of its allies. Japan will also bully you as USA condones it.
President park approval rating has dropped to 5%.
http://www.koreatimes.co.kr/www/news/nation/2016/11/116_217549.html
Her time is ending soon! Opposition party cannot accept her request to remain as President without power.
Her time is ending soon! Opposition party cannot accept her request to remain as President without power.
Singapore port handling capacity will decline in the future.
https://sg.finance.yahoo.com/news/chinese-ship-opens-trade-route-via-pakistani-port-015155206--finance.html
China has started the operation at Pakistan port which Singapore neglected and lost to China. Singapore port looks set to decline in handling capacity in the future.
China has started the operation at Pakistan port which Singapore neglected and lost to China. Singapore port looks set to decline in handling capacity in the future.
Saturday, November 12, 2016
Japan approved TPP but USA suspended TPP. What a joke!
https://www.rt.com/news/366367-japan-tpp-trump-china/
http://news.asiaone.com/news/world/obama-administration-backs-pacific-trade-deal-vote-effort
TPP was spearheaded by USA and USA was a major partner in TPP. Without USA, TPP is just a worthless piece of paper. However, Japan insisted in passing TPP without USA. This goes to show how helpless is Japan in managing its economy and going against China as TPP excludes China.
http://news.asiaone.com/news/world/obama-administration-backs-pacific-trade-deal-vote-effort
TPP was spearheaded by USA and USA was a major partner in TPP. Without USA, TPP is just a worthless piece of paper. However, Japan insisted in passing TPP without USA. This goes to show how helpless is Japan in managing its economy and going against China as TPP excludes China.
Baltic dry index - 539
Today, Friday, April 08 2016, the Baltic Dry Index climbed by 22 points, reaching 539 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.
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.
US rig count - 568
HOUSTON (AP) -- The number of rigs exploring for oil and natural gas in the U.S. decreased by one this week to 568.
A year ago, 767 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.
Houston oilfield services company Baker Hughes Inc. said Friday that 452 rigs sought oil and 115 explored for natural gas this week. One was listed as miscellaneous.
Among major oil- and gas-producing states, Texas gained six rigs and Ohio was up by one.
Alaska and North Dakota each declined by two. New Mexico, Oklahoma, Pennsylvania and Utah each lost one.
Arkansas, California, Colorado, Kansas, Louisiana, West Virginia and Wyoming were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.
Friday, November 11, 2016
Trump accused Singapore of stealing US jobs!
http://www.straitstimes.com/world/united-states/countries-like-spore-stealing-us-jobs-trump
However, our PM claimed that SG created US jobs.
https://sg.finance.yahoo.com/news/singapore-seeks-stronger-economic-ties-043200749.html
If this is how USA looks at SG, then SG will have a big problem in maintaining a close strategic alliance with USA.
However, our PM claimed that SG created US jobs.
https://sg.finance.yahoo.com/news/singapore-seeks-stronger-economic-ties-043200749.html
If this is how USA looks at SG, then SG will have a big problem in maintaining a close strategic alliance with USA.
Thursday, November 10, 2016
Please vote on our Malay reserved president poll!
Let's do a survey to find out what Singaporeans think about our Malay reserved president issue.
How did the US news media get the presidential election so wrong?
Obviously the news media supported Hillary as her poll rating was higher than trump prior to the election.
However, we can see that US citizens place importance on integrity above all things from this election. Trump definitely has more integrity than Hillary.
Hillary’s dubious record:
Her wealth buildup was questionable because she used her political position to gain wealth especially from using her Clinton’s foundation.
Her email scandal was questionable but was pardoned by FBI. I must say FBI was too efficient in her investigation. I wonder this efficiency is reserved for her only or it is across the board.
Her health was also questionable.
Last but not the least, Hillary has major trust issue in USA as close to 70% of US citizens don’t trust her and see her as a trustworthy person. Thus, it is not surprising that she lost the election.
Wednesday, November 9, 2016
Hillary Clinton is in trouble after Trump won the presidency!
Republican won big this time as it won the US house, US senate and also the US presidency. Will Trump reinvestigate Hillary's wrongdoings? Let's see!
Republican has won the US house.
Let's see who will win the US senate and US presidential election.
I voted for Trump in our own poll.
I voted for Trump in our own poll.
Our SG president is reserved for malay candidates next year.
https://sg.news.yahoo.com/presidential-election-2017-will-be-reserved-for-073547665.html
Is SG president still a democratic and people elected president? If a position is specifically reserved for a specific race candidate, can we still call it a people elected president since we can only vote for a malay president?
Is SG president still a democratic and people elected president? If a position is specifically reserved for a specific race candidate, can we still call it a people elected president since we can only vote for a malay president?
Tuesday, November 8, 2016
President park is willing to relinquish her power in South Korea!
As indicated in my previous post, president park was highly likely to step down due to her scandal. She has proposed to relinquish some powers if a PM is approved in parliament. This is her tactic to remain as president but I don't think the opposition will approve it. Let's wait to see how things unfold in SK. There is news that she might be indicted as situation develops.
http://www.todayonline.com/business/south-korea-prosecutors-raid-samsung-electronics-probe-over-scanda-yonhap
http://www.todayonline.com/business/south-korea-prosecutors-raid-samsung-electronics-probe-over-scanda-yonhap
Monday, November 7, 2016
Sunday, November 6, 2016
How the sea freight will bypass Singapore Port?
China will help Malaysia to build Malacca port so that it can be linked to Kuantan port in the future. When Malacca port is completed, vessels can offload goods in Malacca and transport to Kuantan by railway to be transported to South China Sea and vice versa. Therefore, Singapore fate is sealed in 2025.
http://www.ecerdc.com.my/en/media_releases/investors-from-china-visit-malaysia-china-kuantan-industrial-park-mckip-and-kuantan-port-piling-works-for-rm5-6-billion-production-facility-for-alliance-steel-kicks-off/
http://www.ecerdc.com.my/en/media_releases/investors-from-china-visit-malaysia-china-kuantan-industrial-park-mckip-and-kuantan-port-piling-works-for-rm5-6-billion-production-facility-for-alliance-steel-kicks-off/
Hillary Clinton has to win the presidential election to avoid indictment.
Hillary Clinton has to become USA president to avoid indictment for her wrongdoings because a president has immunity and the power to terminate FBI investigation.
It is highly likely that she is guilty for her wrongdoings as she has proven to be a congenital liar. The American poll also showed that about 70% of the citizens didn't trust her. This coming election is really a tough choice for the USA citizens because it is like choosing between a devil and a demon. This is a fight between a LIAR and a CRAZY man. Who will win?
It is highly likely that she is guilty for her wrongdoings as she has proven to be a congenital liar. The American poll also showed that about 70% of the citizens didn't trust her. This coming election is really a tough choice for the USA citizens because it is like choosing between a devil and a demon. This is a fight between a LIAR and a CRAZY man. Who will win?
China develops driverless sea vessel.
http://en.people.cn/n3/2016/1104/c98649-9137482.html
As more UFO videos are being published in China, there will also be more technological equipment and weapons being developed by China. This driverless sea vessel can be mass produced to patrol South China Sea.
As more UFO videos are being published in China, there will also be more technological equipment and weapons being developed by China. This driverless sea vessel can be mass produced to patrol South China Sea.
Saturday, November 5, 2016
Baltic dry index - 855
Today, Friday, November 04 2016, the Baltic Dry Index climbed by 6 points, reaching 855 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.
US rig count - 569
HOUSTON (AP) -- The number of rigs exploring for oil and natural gas in the U.S. increased by 12 this week to 569.
A year ago, 771 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.
Houston oilfield services company Baker Hughes Inc. said Friday that 450 rigs sought oil and 117 explored for natural gas this week. Two were listed as miscellaneous.
Among major oil- and gas-producing states, Texas gained six rigs, Oklahoma was up three, Louisiana and North Dakota increased by two each and Colorado added one.
Alaska declined by one.
Arkansas, California, Kansas, New Mexico, Ohio, Pennsylvania, Utah, West Virginia and Wyoming were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.
Friday, November 4, 2016
UFO sightings in Asia!
Is this UFO in china or china latest fighter plane?
Thursday, November 3, 2016
South Korea President scandal!
President park looks set to step down to appease the general public as there is a rumour circulating in Korea that her closest friend is incented to push through the THAAD defence system in Korea and disregard the safety of the residents because China will target missiles at the THAAD's site.
Her new nominations of PM and FM were also rejected by the opposition party.
Her new nominations of PM and FM were also rejected by the opposition party.
Mysterious light landed on Iceland without any disturbance!
Wednesday, November 2, 2016
OMG! Malaysia is buying 18 China stealth frigates.
http://www.bestchinanews.com/Military/3645.html
Malaysia will be getting 18 China stealth frigates to safeguard the safety of Strait of Malacca.
Stealth frigate doesn't mean invisibility but it means a small signal on radar instead of a big signal. In a nutshell, a big ship will look like a sampan on a radar when it has a stealth feature.
This is really bad news for SG as this will mean Malaysia will have military alliance with China as its naval personnel will be trained by China.
Another bad news is the building of the HSR (high speed railway) from KL to SG will be likely built by China instead of Japan with strong support from SG. As we can see, SG influences will be eroded slowly in Asean as the days go by and SG has succeeded in making China not to regard SG as a Chinese nation.
Malaysia will be getting 18 China stealth frigates to safeguard the safety of Strait of Malacca.
Stealth frigate doesn't mean invisibility but it means a small signal on radar instead of a big signal. In a nutshell, a big ship will look like a sampan on a radar when it has a stealth feature.
This is really bad news for SG as this will mean Malaysia will have military alliance with China as its naval personnel will be trained by China.
Another bad news is the building of the HSR (high speed railway) from KL to SG will be likely built by China instead of Japan with strong support from SG. As we can see, SG influences will be eroded slowly in Asean as the days go by and SG has succeeded in making China not to regard SG as a Chinese nation.
Tuesday, November 1, 2016
How to calculate day and date using your fingers?
How to calculate day using your fingers?
31 oct 2016
The date must be minus by 7 or 14 or 21 or 28 if it is smaller than 7.
Therefore, 31 - 28 = 3
There is no need to minus if the date is smaller than 7.
For 2016, we need to add 5 to the number 3 = 8. If this year is a leap year (29 feb exists), then we need to add 1 after feb, so it will be 6+3 = 9 and 5+3=8 for Jan & Feb.
For every additional year in the future (without leap year), we just increase the number by 1. For e.g., 2017 is to add 6, 2018 is to add 7. Once the number reaches 7, it will be reset to zero again and this cycle starts all over again.
Looking at the diagram, October is the first section of the index finger. As we need to add 5 to 3 = 8, we just count the first section (october) as 1 and move downward 8 times which will end at the first section of index finger (Monday).
Thus, 31 october 2016 falls on Monday.
How to calculate date using your fingers?
What date is last Sunday of October 2016
October is 1st section of index finger.
Since 2016 is to add 5, we will just count the first section (october) as 1 and move downward 5 times which will end at the 2nd section of the middle finger (Friday). Thus, the next day will always be the 1st date or day of the month (1st oct). Since we are trying to find the last Sunday, the first Sunday falls on the 2nd date which is 2nd October 2016.
Just do a simple calculation to get the date for last sunday.
1st sunday, 2 October 2016 (add 7 to get the next sunday)
2nd sunday, 9 October 2016 (add 7 to get the next sunday)
3rd sunday, 16 October 2016 (add 7 to get the next sunday)
4th sunday, 23 October 2016 (add 7 to get the next sunday), Continue to add 7 if less than 31
5th sunday, 30 October 2016
Therefore, the answer is 30 October 2016.
Please take note of leap year as you will need to apply the same logic above.
China is having leapfrog technology advancement.
http://fortune.com/2016/11/01/china-airshow-j20-fighter-jet/
J20 will no doubt beef up China's air force but the real revolutionary change will be China advancement in quantum physics.
No country has a profound understanding of quantum physics compared to China because China has developed working quantum satellite and radar. Therefore, it is likely that China will be the first nation to produce a quantum computer and that will really change the whole world because of its computing power.
J20 will no doubt beef up China's air force but the real revolutionary change will be China advancement in quantum physics.
No country has a profound understanding of quantum physics compared to China because China has developed working quantum satellite and radar. Therefore, it is likely that China will be the first nation to produce a quantum computer and that will really change the whole world because of its computing power.
Solution to the maths puzzle.
The puzzle is a 3x3 matrix. The fastest way to solve this is to divide 15 by 3 = 5. Since 5 is a common number, we can do a permutation of 15 below.
1 - 5 - 9
2 - 5 - 8
3 - 5 - 7
4 - 5 - 6
5 which is a common number will be placed in the centre box so that other numbers can be connected to it.
We'll start with 1-5-9 in the middle row. You can put this in the middle column or diagonal row. Then we will move on with 2-5-8 and place the 2nd smallest number 2 beside 9. The trick is to place a small number beside a large number. Thereafter, you can easily fill up the matrix.
Monday, October 31, 2016
Maths puzzle
THAAD system may not be installed in South Korea.
http://qz.com/823007/south-korean-protestors-are-demanding-president-park-geun-hyes-resignation/
There's protest in South Korea for the current president to resign due to a scandal. The opposition party will make use of this opportunity to get rid of her. As the opposition party is anti-Thaad, the next president may not approve THAAD to be installed in South Korea.
There's protest in South Korea for the current president to resign due to a scandal. The opposition party will make use of this opportunity to get rid of her. As the opposition party is anti-Thaad, the next president may not approve THAAD to be installed in South Korea.
NASA captured UFOs refueling from the sun.
This is the proper way to harness the sun energy, not by using solar panel......UFO is showing us the right way to do it!
Sunday, October 30, 2016
Everyone has a funny side, so does Duterte!
Saturday, October 29, 2016
Japan F15 was no match for China SU-30.
A dogfight between China and Japan happened in June between 2 F15 and 2 SU-30. Japan F15 had to release flares to escape from China SU-30 and fly back to Japan in humiliation. China SU-30 didn't release any flares during the dogfight.
https://news.usni.org/2016/07/05/chinese-japanese-fighters-clash-east-china-sea
https://news.usni.org/2016/07/05/chinese-japanese-fighters-clash-east-china-sea
USA has lost another Asean member after Philippines.
https://sg.news.yahoo.com/malaysia-buy-navy-vessels-china-blow-u-090815197.html
As predicted, USA has alienated itself due to its aggression in Asia.
As predicted, USA has alienated itself due to its aggression in Asia.
Baltic dry index - 834
Today, Friday, October 28 2016, the Baltic Dry Index climbed by 36 points, reaching 834 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.
US rig count - 557
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by 4 this week to 557.
A year ago, 775 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.
Houston oilfield services company Baker Hughes Inc. said Friday that 441 rigs sought oil and 114 explored for natural gas this week. Two were listed as miscellaneous.
Among major oil- and gas-producing states, North Dakota gained five rigs, Pennsylvania and Texas each was up two and Wyoming added one.
Colorado declined by three rigs and New Mexico lost two.
Alaska, Arkansas, California, Kansas, Louisiana, Ohio, Oklahoma, Utah and West Virginia were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.
What does 2016 3rd quarter annualized GDP growth of -4.1% for Singapore mean?
Singapore had released its 3rd quarter annualized GDP growth in 2016 for Singapore which was at -4.1%. What does this mean? It means that Singapore GDP has been contracting at an effective rate of 0.9896% per quarter (0.9896^4 = 0.959, 0.959-1 = -4.1%) which is about 1% contraction per quarter on a compounding basis.
If we have a 1% expansion per quarter, it will mean an annualized rate of 4.1% (1.01*1.01*1.01*1.01 = 4.1% or 1.01^4 = 4.1%) on a quarterly compounding basis. Therefore, annualized rate has a compounding element. I hope this will clarify your understanding on annualized rate.
If we have a 1% expansion per quarter, it will mean an annualized rate of 4.1% (1.01*1.01*1.01*1.01 = 4.1% or 1.01^4 = 4.1%) on a quarterly compounding basis. Therefore, annualized rate has a compounding element. I hope this will clarify your understanding on annualized rate.
Russian astronauts saw aliens (angels) in outerspace.
New Malacca port at US$10b.
http://www.scmp.com/news/asia/southeast-asia/article/1934839/china-malaysia-tout-new-port-alliance-reduce-customs
China will invest US$10b in the new Malacca port and form port alliance with Malaysia. This port will be operational in 2025.
China will invest US$10b in the new Malacca port and form port alliance with Malaysia. This port will be operational in 2025.
Singapore was no match for China in Pakistan.
China and SG crossed swords in Pakistan and lost the port contract to China in the end. SG had no real intention to manage Pakistan port as it would diminish SG port handling capacity since the port was located strategically in the Gulf.
http://www.dawn.com/news/786992
http://www.straitstimes.com/asia/pakistan-hands-port-operation-from-singapores-psa-to-chinese
SG was just hogging the Port and leaving it to dilapidate without any investment after getting the contract. Subsequently, Pakistan ran out of patience and barred PSA.
World busiest port ranking in 2015
SG port was operating at 85% of Shanghai port in 2015
World busiest port ranking in 2014
SG port handling capacity had dropped from 33.87m TEU in 2014 to 30.9m TEU in 2015 which amounted to 9% decline.
We need to monitor our port handling capacity so that we will know the health of our economy.
http://www.dawn.com/news/786992
http://www.straitstimes.com/asia/pakistan-hands-port-operation-from-singapores-psa-to-chinese
SG was just hogging the Port and leaving it to dilapidate without any investment after getting the contract. Subsequently, Pakistan ran out of patience and barred PSA.
World busiest port ranking in 2015
World busiest port ranking in 2014
SG port handling capacity had dropped from 33.87m TEU in 2014 to 30.9m TEU in 2015 which amounted to 9% decline.
We need to monitor our port handling capacity so that we will know the health of our economy.
Friday, October 28, 2016
Malaysia to impose 20ringgit road charge for SG cars on 1 Nov 2016.
http://news.asiaone.com/news/malaysia/malaysia-collect-rm20-road-charge-foreign-vehicles-entering-johor-nov-1
This is not a simple road charge but a punitive imposition by Malaysia. There's more to it than just a simple road charge.
Malaysia will not be accommodative to Singapore anymore as it has China support to skin Singapore alive. There will be harsher treatments from Malaysia in the future as it gets cozy with China. Malaysia is happy to make Singapore collapse as it has been jealous of Singapore success for too long.
Malaysia PM and businessmen will be visiting China to meet Premier Li from 31 October to 7 November to get China investments to displace and replace the incomes earned from Singapore. Who knows what else will be discussed on and under the table?
https://asia.liveuamap.com/en/2016/27-october-malaysian-pm-najibrazak-to-visit-china-from-oct
Like I said in my previous posts, China will have to annihilate Singapore economically to gain control of Asean and Malaysia is the best pawn to use against Singapore. Malaysia will gain economic benefits from this economic warfare by containing SG. This is the price SG has to pay for USA aggression in Asia. China is just trying to make SG feel what China is feeling when USA tries to contain China in Asia.
This is not a simple road charge but a punitive imposition by Malaysia. There's more to it than just a simple road charge.
Malaysia will not be accommodative to Singapore anymore as it has China support to skin Singapore alive. There will be harsher treatments from Malaysia in the future as it gets cozy with China. Malaysia is happy to make Singapore collapse as it has been jealous of Singapore success for too long.
Malaysia PM and businessmen will be visiting China to meet Premier Li from 31 October to 7 November to get China investments to displace and replace the incomes earned from Singapore. Who knows what else will be discussed on and under the table?
https://asia.liveuamap.com/en/2016/27-october-malaysian-pm-najibrazak-to-visit-china-from-oct
Like I said in my previous posts, China will have to annihilate Singapore economically to gain control of Asean and Malaysia is the best pawn to use against Singapore. Malaysia will gain economic benefits from this economic warfare by containing SG. This is the price SG has to pay for USA aggression in Asia. China is just trying to make SG feel what China is feeling when USA tries to contain China in Asia.
Why is 9 so important to the Chinese?
The Chinese emperor is associated with 9 and the forbidden city has 9999 rooms in total. If a person lives in every room since birth, he will be 27 (9999/365).
2+7=9
Therefore, the forbidden city has a secret number 9 which is an amazing connection.
2+7=9
Therefore, the forbidden city has a secret number 9 which is an amazing connection.
Bleak outlook for SG
https://sg.finance.yahoo.com/news/singapore-mall-vacancies-jump-highest-022949258.html
This will be a protracted slowdown. The worst is not over yet because the worst has not come. We will suffer badly when Malacca port starts to operate.
This will be a protracted slowdown. The worst is not over yet because the worst has not come. We will suffer badly when Malacca port starts to operate.
Why is 7 an important number in Egypt? Why are there 7 days in a week?
7 is an important and significant number in Egypt because 7 is found everywhere in the pyramid.
1/7 = 0.142857
Look at the digits 142857
1 * 142857 = 142857
2 * 142857 = 285714 ===> the same numbers are rotated
3 * 142857 = 428571 ===> the same numbers are rotated
4 * 142857 = 571428 ===> the same numbers are rotated
5 * 142857 = 714285 ===> the same numbers are rotated
6 * 142857 = 857142 ===> the same numbers are rotated
7 * 142857 = 999999 ===> the rotation stops at 7 and the numbers 999999 appears.
How is 142857 related to 9?
1+4+2+8+5+7 = 27, 2+7 = 9
Let's break up 142857
14+28+27 = 99, 9+9 = 18, 1+8 = 9
142+857 = 999, 9+9+9=27, 2+7=9
Do you see the amazing connection now?
142857 stops or ends the rotation on 7 which also means that 7 is the end of everything for ancient Egypt.
1/7 = 0.142857
Look at the digits 142857
1 * 142857 = 142857
2 * 142857 = 285714 ===> the same numbers are rotated
3 * 142857 = 428571 ===> the same numbers are rotated
4 * 142857 = 571428 ===> the same numbers are rotated
5 * 142857 = 714285 ===> the same numbers are rotated
6 * 142857 = 857142 ===> the same numbers are rotated
7 * 142857 = 999999 ===> the rotation stops at 7 and the numbers 999999 appears.
How is 142857 related to 9?
1+4+2+8+5+7 = 27, 2+7 = 9
Let's break up 142857
14+28+27 = 99, 9+9 = 18, 1+8 = 9
142+857 = 999, 9+9+9=27, 2+7=9
Do you see the amazing connection now?
142857 stops or ends the rotation on 7 which also means that 7 is the end of everything for ancient Egypt.
Thursday, October 27, 2016
Aliens captured on the moon by Apollo 11 and 8!
Death knell is bellowing for Singapore! Future is febrile for Singapore.
Synopsis of our success
The success of Singapore is due to our trading hub status which is derived from our entrepot trades and our financial hub status is ensued from our international trading. As we trade internationally, we require more banking and financial services like loans, insurances, forex exchanges, payment cum receipt systems and so forth to support our trading activities. Conversely, no country can be a financial hub without gargantuan trading activities. Therefore, being a trading hub is vital to the success of Singapore and it guarantees our survival. The prerequisite to be a trading hub is to have many FTAs so that we can achieve the efficacy of international trading better than other solitary countries. This is the primal reason for Singapore to support RCEP(Spearheaded by China) and TPP(Spearheaded by USA).
As TPP is highly unlikely to be approved by USA since both USA presidential candidates object to the TPP proposed by Obama, Singapore can only rely on RCEP. However, our strategic alliance with USA and anti-thesis attitude towards China do not bode well for Singapore.
China defensive plan
China has come up with its grandeur one belt one road economic development plan for the world to counteract USA. In a nutshell, China is linking up the world with its road and sea links. As USA proclaimed Singapore to be its anchor in Asia, China had to obliterate Singapore economically for it to control Asean. Sadly to say, Singapore will be the first economic casualty in this tactical gambit between the two titans. USA is using Singapore to gain an advantage while China is skinning Singapore to gain its advantage. The antiquated USA tactic of controlling the strait of Malacca from Singapore won’t be able to contain China anymore.
China will make Laos the land transshipment hub as the railway routes can transport goods from Europe to Asean and vice versa. This will greatly reduce the demand for sea freights and diminish Singapore strategic port location. Furthermore, China is helping many countries to build and manage ports that will cut down shipments to Singapore or even bypass Singapore.
China has built ports and oil cum gas pipelines in Myanmar and Pakistan so that its crude oil from Middle East can bypass strait of Malacca during war times. Moreover, other goods can be offloaded from these ports and be transported to China via the railway. China is also using Malaysia to reduce the economic growth of Singapore by investing in Johor and building the Malacca port. Besides all these developments, there is also a revival discussion on the Krai canal sea lane in Thailand which will make Thailand the Panama of Asean.
Forming strategic alliance with USA has served Singapore well but time has changed. China is doing all these to counteract USA for its own survival and the main culprit is USA that is the aggressor. USA has shown to be a selfish nation which adopts neighbor-thy-beggar economic policy and is proven to be an unreliable and incredible ally. History has shown that USA will sacrifice its allies for its own interest and Singapore is just a pawn to USA. The latest examples are Saudi Arab and Taiwan. These 2 countries have suffered economically because of USA in recent times.
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Anti-Singapore sentiment had begun to brew in China after Singapore allowed USA P8A spy plane to station in Singapore. Therefore, we cannot be lured into the deception that relationship is still cozy with China as there are joint industrial and provincial projects in China. If Singapore still persists in pursuing in USA interest, the day of reckoning will hit us harshly once the one road one belt developments become operational.
UFO captured on cam by scientists in antarctic!
Besides finding humanoid sea creature in antarctic, scientists also stumbled upon UFO during expedition.
Humanoid sea creature found in antarctic!
http://pinktentacle.com/2010/01/ningen-humanoid-sea-creatures-of-the-antarctic/
This sea creature is at least 2m tall and is called ningen by the Japanese.
This sea creature is at least 2m tall and is called ningen by the Japanese.
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