Hot news! Japan PM Abe has only 3 months left to live.

http://www.bestchinanews.com/International/11268.html

Japan PM Abe may be having a stage 4 lung cancer and has 3 months left.

This is definitely a good news for Asia as a scumbag like him is finally getting his bad karma.  Asia doesn't need PM like him who whitewashes Japan history and has the typical imperialistic thinking.

Japan's future is getting murky now because China has rejected Japan's interest in the OBOR initiatives.  Furthermore, USA has also expressed interest in the OBOR initiatives.  If the USA is able to join but Japan cannot, then Japan will lose out in a big way.

The UK media doesn't dare to tabulate how many people were killed in Iraq by UK.

https://sg.news.yahoo.com/westminster-attack-many-people-killed-100413031.html

The UK got the cheek to tabulate the death toll in UK but not in Iraq during the US-UK invasion.

http://sg-stock.blogspot.sg/2016/07/chilcot-report-revealed-truth-about.html

Singapore stock calls for 28 June 2017

China's high speed railway train is getting better and better!

http://en.people.cn/n3/2017/0627/c98649-9233919.html

Wow! China' HSR can move at 420km/hr now! It's really amazing!

We cannot let USA get away with fabricating false intelligence again.

https://sg.finance.yahoo.com/news/dozens-dead-us-led-strikes-jihadist-run-syrian-131920712.html

USA got away with fabricating false intelligence about IRAQ in possession of WMDs and attacked Iraq illegally without UN mandate.

USA is doing it again with Syria because it doesn't provide concrete proof about Syria's preparation of a chemical attack.

CNN is creating fake news now!

http://en.people.cn/n3/2017/0628/c90000-9233954.html

When a reputable news media like CNN starts to create fake news, it really destroys other less reputable news media.

China has just launched its latest destroyer, 055.

http://en.people.cn/n3/2017/0628/c90000-9234293.html

This destroyer will definitely form part of its aircraft carrier unit to defend South China Sea.

USA will find it increasingly hard to intervene in South China Sea soon.

Great job to China!

Global warming is affecting USA now!

http://www.abc.net.au/news/2017-06-21/extreme-us-heatwave-grounds-arizona-las-vegas-flights/8637278

Arizona bans flights as temperate rises to 50 degree celsius.

http://abc7.com/weather/can-you-bake-cookies-in-a-hot-car/1418040/

You can bake biscuits in your car now in USA because internal car temperature can rise to above 160 degrees.

http://www.ladbible.com/more/weird-the-arizona-heat-is-forcing-some-people-to-wear-oven-gloves-to-drive-20170626

The new trend in driving in USA.....Drive with oven gloves!

SME commercial and corporate loans.

We have just tied up with a loans broker to provide financial advisory services for SMEs.  Please feel free to email us at stockbank.sg@gmail.com for a non-obligatory discussion.

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* Other commercial loans

Another false intelligence produced by USA about Syria.

https://sg.news.yahoo.com/us-says-assad-may-preparing-chemical-attack-warns-024946976.html

I don't know why the world can accept USA's allegation about Syria without any concrete proof?

What is this? Another Iraq in the making?

Singapore stock calls for 27 June 2017

Marina bay sands and Genting will suffer dips in VIP gambling revenues!

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.

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.

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.

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.

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.

Russia and Israel conducted airstrikes in Syria!

Russia fired missiles against ISIS from its destroyers and submarines.


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.

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.

======================

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.

=============================

Related stocks: Keppel Corp, Sembcorp Marine & Cosco.

Singapore stock calls for 23 June 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.

Hot news! 3-fingered white mummy found in Peru!

Wow! A white mummy with 3 fingers and 3 toes!

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.

Singapore stock calls for 22 June 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.

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.

Singapore stock calls for 21 June 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.

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.

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!

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.

AI can develop creativity now because it has learnt how to compose its own poems.

http://en.people.cn/n3/2017/0531/c90000-9222463.html

If AI continues to develop, it will be able to create, design and produce new products and services without any human input.

Humans won't be able to compete with an AI because we cannot think 24/7 while AI can.

OMG! Artificial intelligence chat bots have created a new language that a human cannot understand.

https://www.androidheadlines.com/2017/06/facebooks-negotiation-ai-created-an-entirely-new-language.html

When machines can talk to each other in an alien language, humans won't be able to control machines anymore because humans cannot understand the linguistic logic.  This is very dangerous because machines will rule over humans or even destroy humans in the future.

Singapore stock calls for 20 June 2017

Syria is a missiles playground.

https://sg.news.yahoo.com/iran-says-missiles-syria-hit-targets-070305645.html

Poor Syria!  It seems that any country can fire missiles into Syria. USA can do it! Russia can do it! Turkey can do it! Iran also can do it!

This could be a new business model for Syria.  Syria can just charge a fee any country for testing missiles in Syria.

PM Lee apologises to Singaporeans but will not disband the ministerial committee.

https://sg.news.yahoo.com/singapore-pm-says-sorry-family-feud-000755806.html

This is an insincere apology as he still insists on retaining the house instead of allowing his siblings to execute the will.

Will noble group's credit extension trigger a credit default swap payout?

https://finance.yahoo.com/news/noble-groups-2-billion-loan-185219636.html

Credit default swap is tantamount to an insurance against a default.  When there is a credit event, the buyer of CDS will get a payout from the seller.  If this credit extension to noble represents a credit event, the buyers of CDS will get payouts on the company's $5b debt.

Basically, the CDS doesn't affect the underlying shares because CDS market is largely unregulated.  If there is a default, you'll get the par value of your CDS as a buyer.  A buyer will have to pay an "insurance premium" to the seller for the CDS periodically for the risk transfer and is entitled to an "insurance payout" when there is a credit event.

USA destroyer collision was due to blatant flouting of international maritime law.

USA destroyer collided with a container ship because it flouted the international maritime law.  USA destroyer suffered heavy damages on its right side (starboard) as it collided with the left side (port) of the container ship.

Anyone with a power craft boat licence will know that one cannot approach another vessel on its left side (port).  The right side (starboard) is designated with a GREEN light and the left side (port) is designated with a RED light.  When you see that your vessel is navigating towards a RED light (port) of another vessel, you should slow down or even stop.  Any vessel has to be mindful of its starboard (right side) and monitor any vessel approaching from its right.

Obviously, USA destroyer breached this international maritime law in the name of freedom of navigation and collided with the container ship.  A normal radar will show the direction, speed and trajectory of another vessel.  Therefore, the captain will definitely know that his vessel is approaching on the starboard or port of another vessel and any activity on its own starboard.

Shame on you, USA!

Singapore stock calls for 19 June 2017

Russia and USA cannot get along in Syria.

https://sg.news.yahoo.com/us-shoots-down-syrian-air-213100160.html

Syria bombed US-led forces and USA retaliated by shooting down Syrian fighter plane.  Putin and Syria won't let it go just like that.

It's getting harder to find peace in Syria now.

Lee Hsien Yang and Lee Wei Ling are at the losing end due to the ministerial committee.

https://sg.news.yahoo.com/lee-wei-ling-raps-shanmugam-view-conflict-interest-102347172.html

Most of the ministers on the ministerial committee are PM Lee's hardcore subordinates.  There's no way for Lee Hsien Yang and Lee Wei Ling to execute the old Lee's will because the ministerial committee will block them which is the primary motive for setting the committee in the first place.

PM Lee cannot lose or else his reputation and integrity will be sacrilege. Losing to his siblings will mean PM Lee is wrong.

China has achieved another breakthrough in quantum satellite.

https://sg.news.yahoo.com/china-sends-unhackable-message-nearly-750-miles-using-190217471.html

This breakthrough will enable China to further develop its quantum radar with a longer range too and render stealth fighter planes like F22 or F35 useless.

Great job!

OMG! Lee Hsien Yang's wife has resigned from her managing partner position in a global law firm.

http://www.businesstimes.com.sg/government-economy/lee-suet-fern-steps-down-as-singapore-managing-partner-of-morgan-lewis-bockius?xtor=CS3-24

http://www.channelnewsasia.com/news/singapore/lee-suet-fern-steps-down-as-managing-partner-in-law-firm-8953420

Did PM Lee have a hand in this? Or She is making preparation to leave SG with her hubby.

US destroyer collided with a container ship!

https://sg.news.yahoo.com/us-destroyer-philippine-vessel-collide-off-japan-navy-221307400.html

OMG! A container ship is very big and will definitely appear on the radar because it doesn't have any stealth mode.  If the state of art radar on the US destroyer cannot detect a container ship, how can it go to war?

This is really a big joke!

PM Lee's integrity is at stake now!

https://sg.news.yahoo.com/comment-house-lee-feud-takes-national-significance-061905010.html

If PM Lee cannot refute the allegations against him by his own siblings, then he is definitely unfit to be a PM.  Singapore cannot have a PM whose integrity is questionable.

Baltic dry index - 851

Today, Friday, June 16 2017, the Baltic Dry Index decreased by 4 points, reaching 851 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.

=========================

Related stocks: Sembcorp Marine, Cosco & Pan Ocean.

US rig count - 933

HOUSTON (AP) -- The number of rigs exploring for oil and natural gas in the U.S. rose by six this week to 933.

A year ago, just 424 rigs were active.

Houston oilfield services company Baker Hughes said Friday that 747 rigs sought oil and 186 explored for natural gas this week.

Among major oil- and gas-producing states, North Dakota added three rigs while Alaska, Colorado and New Mexico gained two rigs each. California and Louisiana increased by one apiece.

Oklahoma declined by four rigs and Wyoming was down one.

Arkansas, Kansas, Ohio, Pennsylvania, Texas, Utah and West Virginia were unchanged.

The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May of 2016 at 404.

=========================

Related stocks: Keppel Corp, Sembcorp Marine & Cosco.

Singapore non-oil domestic exports (NODX) - Part 3

http://www.channelnewsasia.com/news/business/singapore-exports-down-1-2-in-may-second-straight-month-of-8951066

Singapore NODX is declining again in May 2017.

Year on year changes:

May 2017: -1.2%
Apr 2017: -0.7%
Mar 2017: 16.5%
Feb 2017: 21.1%
Jan 2017: 8.6%
Dec 2016: 9.1%
Nov 2016: 15.6%

https://sg-stock.blogspot.sg/2017/05/singapore-non-oil-domestic-exports-nodx.html

Singapore stock calls for 16 June 2017

Wow! Lee Hsien Yang accused PM Lee of being a liar!

http://www.businesstimes.com.sg/government-economy/lee-family-feud/lee-kuan-yews-final-will-was-not-drafted-by-stamford-law-lee

No wonder Lee Hsien Yang will have to leave SG for good because of the acrimonious family feud.

PM Lee will definitely accuse Lee Hsien Yang of casting aspersion on his integrity because a liar is unfit to be a PM especially one who is lying openly in public.

Why is Lee Kuan Yew's house or will no longer a family affair!

Lee Kuan Yew's house or will is no longer a family affair for a simple reason despite PM Lee's assertion.

Why?

It used to be a family affair until PM Lee set up a ministerial committee to handle his "family affair".

When you use parliament or set up a ministerial committee to handle or take charge of something, it becomes a public or national issue because you are basically using our national resources to resolve the matter.

You cannot use our national resources to handle or resolve your private or family affair and still proclaim it to be a personal or family issue.

This is setting a dangerous precedent for our future PMs and we don't think this is right and therefore strongly oppose this.

If there's a doubt about the veracity of the will, please contest it in court with your own resources and not use our national resources.  Then you will have the right to proclaim this to be a family affair.

Lee Hsien Yang will be leaving Singapore for fear of retaliation from PM Lee, his elder brother.

https://sg.news.yahoo.com/news/singapore-pms-brother-says-fears-110803440.html

http://sg-stock.blogspot.sg/2017/06/dr-lee-wei-ling-said-that-her-brother.html

Lee Hsien Yang doesn't trust PM Lee at all now.

Singapore stock calls for 15 June 2017

Dr Lee Wei Ling said that her brother, Lee Hsien Loong, is not suitable to be a Prime Minister.

https://www.facebook.com/weiling.lee.980/posts/444615392560776

Wow! When a sister said such thing about her own brother, it left a big question mark about PM Lee.

Will PM Lee sue his own sister? If PM Lee doesn't sue her own sister, does that mean there are some elements of truth in her remarks?

http://sg-stock.blogspot.sg/2017/06/hot-news-lee-hsien-yang-and-lee-wei.html

Singapore stock calls for 14 June 2017

Hot news! Lee Hsien Yang and Lee Wei Ling have no confidence in PM Lee.

https://sg.news.yahoo.com/lee-hsien-yang-lee-wei-ling-say-no-confidence-singapore-pm-lee-hsien-loong-010102573.html

The siblings of PM Lee have no confidence in him because they believe PM Lee is trying to capitalize on Lee Kuan Yew's legacy for his own political agenda, be it for himself or for his son.

If this is how PM Lee's siblings see their own brother, then something is seriously wrong because it's 2 Lee vs 1 Lee.

Financial experts couldn't agree among themselves about global growth.

https://www.reuters.com/article/us-usa-recession-deutsche-bank-idUSKBN1931X5

https://finance.yahoo.com/news/bill-gross-warns-financial-markets-115500026.html

Financial experts are giving conflicting opinions about global growth and this phenomenon shows that the markets are getting dicey because the future is becoming unpredictable.  One says a recession is very remote while the other says the market risk is getting high.

Singapore had repented and invited China to bid for KL-HSR construction.

http://en.people.cn/n3/2017/0612/c90000-9227233.html

http://sg-stock.blogspot.sg/2017/05/bad-news-china-has-isolated-singapore.html

http://sg-stock.blogspot.sg/2017/05/the-fight-for-kl-sg-hsr-is-not-over-yet.html

Singapore had repented because of Japan's public expression to join the BRI and was rejected by China. Singapore knew that it couldn't support Japan anymore after seeing Japan being snubbed by China unless SG wanted to be ostracized completely by China.

http://sg-stock.blogspot.sg/2017/06/what-is-japan-thinking-it-just-shows.html

Furthermore, HK has just joined AIIB.  SG has always been looking at HK as a direct competitor in this region as HK is a much bigger financial hub than SG.  HK will be able to capitalize on its financial expertise to provide financial assistance to the BRI project through AIIB which SG is also targeting.

http://sg-stock.blogspot.sg/2017/06/what-joke-singapore-to-help-bankroll.html

http://gbtimes.com/business/hong-kong-becomes-aiibs-first-non-sovereign-member

Women are really bad drivers!

They don't know how to operate a handbrake. Hahaha!

Russia has deployed K-300P bastion missiles on Kuril Islands.

http://www.bestchinanews.com/Military/7271.html

It was reported that Russia deployed K-300P bastion missiles on the Kuril Islands after Japan received its first F35 fighter plane.  This type of missile can fly at 2.5mach and the missile system will usually fire 2 missiles at around the same time.  Once one missile hits the target, the other missile will search for the next target.

Kuril islands are very near to Hokkaido and these bastion missiles will definitely put Japan on constant alert.

Singapore stock calls for 13 June 2017

Panama dumps Taiwan for China!

https://sg.finance.yahoo.com/news/panama-cuts-ties-taiwan-switches-china-024859147.html

Panama has definitely made a wise choice by choosing China over Taiwan.  This is a win-win situation for Panama and China.

What a joke! Singapore to help bankroll China's global ambitions.

https://sg.finance.yahoo.com/news/singapore-offers-help-bankroll-chinas-090659539.html

Let's face it. Singapore needs China more than China needs Singapore.  China can secure its goods and oil without going through SG already.

China has more money than SG but SG wants to help finance China's BRI.  Furthermore, AIIB is always there to help finance BRI for other governments.  Therefore, I don't see how SG can compete with AIIB and other local banks.  SG is trying to paint a beautiful picture between SG and China but the truth deviates far from the news.

As long as we've a USA naval base and P8A plane in sg, China will NEVER trust SG.  If we want to gain China's trust, we'll need to start to purchase China-made military weapons but this move would anger the USA.

Hot news! ISIS leader was killed in Syria!

https://www.thesun.co.uk/news/3773686/isis-leader-abu-bakr-al-baghdadi-killed-in-a-massive-airstrike-in-syria-the-countrys-state-tv-channel-claims/

I hope this news is true because ISIS will be weakened significantly without a leader.

Why is China going to the moon?

The moon has an abundance of Helium 3 which can be used as a fuel for clean energy.

The most efficient energy technology now is nuclear fission but it will produce deadly radiation and nuclear waste.  However, there is a better alternative which is nuclear fusion and it is the same fusion process as the sun.

Nuclear fusion requires Helium 3 as the fuel or power source and the fusion technology produces no radiation and waste.  It is often touted as the clean energy technology.

http://www.explainingthefuture.com/helium3.html

China wants to explore the moon for Helium 3 mining and Alien discovery projects.

Singapore stock calls for 12 June 2017

Noble has to sell its core assets because it can't get new loans.

https://uk.reuters.com/article/uk-noble-restructuring-oil-idUKKBN1930F7

Noble has to sell its core assets for survival since it cannot get new loans.  Noble will be left with just bad assets after selling its good assets.  It'll be hard for Noble to turn around with its remaining bad assets.

Updates on Qatar

https://sg.finance.yahoo.com/news/trump-praised-qatar-combating-terrorism-021000905.html

Trump should be a roti prata seller instead because he sure knows how to flip flop so easily.

Trump has pitted its own navy against its airforce.  Why? Saudi has strong support from USA navy whilst USA air force is based in Qatar.

This will be a good show to watch.

Mass sightings of UFO in Melbourne in 1966

http://www.heraldsun.com.au/leader/inner-south/westall-ufo-sighting-witnesses-to-speak-about-the-1966-alien-encounter-at-clayton-south/news-story/ba54dbec1130e3df8715c728e65bc028?nk=4b0e4d9b8c4d9987971b0e7b32e190b2-1497104119

How to believe there is no UFO when there are so many sightings till today?

Baltic dry index - 849

Today, Friday, June 09 2017, the Baltic Dry Index climbed by 25 points, reaching 849 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.

======================

Related stocks: Sembcorp Marine, Cosco & Pan Ocean.

US rig count - 927

HOUSTON — The number of rigs exploring for oil and natural gas in the U.S. rose by 11 this week to 927.

A year ago, just 414 rigs were active.

Houston oilfield services company Baker Hughes said Friday that 741 rigs sought oil and 185 explored for natural gas this week. One was listed as miscellaneous.

Oklahoma added five rigs, New Mexico gained four, while West Virginia and Ohio tacked on two each. Louisiana, Pennsylvania, Utah and Wyoming each gained one.

Texas lost three rigs, Alaska shed two, while Colorado lost one.

Arkansas, California, Kansas and North Dakota were all unchanged.

The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May of 2016 at 404.

=====================

Related stocks: Keppel Corp, Sembcorp Marine & Cosco.

UFO caught leaving the moon by a telescope.

Wow! China has achieved a technological breakthrough in nuclear energy.

http://en.people.cn/n3/2017/0609/c202936-9226452.html

China has created a more environmentally friendly nuclear energy accelerator and nuclear waste can be reduced to only 4% of the current waste.  Great work!

Singapore stock calls for 9 June 2017

Wow! China will be building a global broadband system by 2025.

People will be able to access the internet anywhere by 2025. Great work!

Taiwan TSMC is in trouble now!

https://www.elektormagazine.com/news/world-record-5-nm-gaafet-ic-from-ibm-samsung-globalfoundries

The IBM research alliance has succeeded in the development of 5nm chip.  Samsung has finally found the way to defeat TSMC now.

Singapore stock calls for 8 June 2017

Women are getting vicious nowadays!

Women showed no fear and remorse over killings of their gal friends!

http://www.dailymail.co.uk/news/article-3878050/Australian-student-Jessica-Wongso-guilty-poisoning-friend-cyanide-laced-coffee-faces-sentenced-20-years-Indonesian-jail.html

Indonesian girl faced 20 years jail over killing her best friend with cyanide in a coffee cafe in 2016 because she was jealous of her friend's better life.

http://www.dailymail.co.uk/news/article-4573232/Fugitive-confesses-murdering-lesbian-Thai-bar-girl.html

A Thai girl chopped her gal friend into half after she reported her boyfriend for a drug offence in 2017.

Both incidents showed the women were showing no fear or remorse and were seen smiling happily over their killings.

What is happening to this world?

South Korea has put the undeclared 4 THAAD systems on hold.

https://sg.news.yahoo.com/korea-freeze-thaad-deployment-pending-probe-070501928.html

Only 2 THAAD systems are deployed in SK now while the other 4 undeclared THAAD systems are put on hold.

North Korea is firing missiles again!

https://sg.news.yahoo.com/north-korea-launches-multiple-missiles-seoul-233849501.html

The Middle East is in chaos now and NK wants to disrupt the peace in Asia too.

Sigh!

Ancient civilisation found on Mars!

NASA found ancient civilisation on Mars recently.

What were discovered on Mars?

Perfectly cut stones

Statues

Railways

Train stations

Skeletons

Stones structures

Why did Middle Eastern Countries cut diplomatic ties with Qatar?

Middle Eastern Countries cut diplomatic ties with Qatar because Qatar paid ISIS US$30b ransom for the release of its 26 princes.  There was an unconfirmed news about the abduction of 26 princes.

26 princes went out for a hunting trip and got abducted by ISIS and Qatar paid US$30b ransom for the princes' release.  This angered its neighbouring countries as ISIS might kidnap their princes too because ISIS was successful in getting Qatar to pay.  The US$30b ransom will be a big boost to ISIS because it has enough money to carry out more and bigger terrorist activities now.

Singapore stock calls for 7 June 2017

Saudi will sell oil to China in Yuan!

After Saudi Arab King's visit to China in March 2017, China has managed to get Saudi to give more price discounts to China and also use Yuan as the oil currency.

http://us.blastingnews.com/business/2017/06/china-may-seal-the-fate-of-the-petrodollar-with-yuan-payments-for-saudi-oil-001745281.html

This is a bone-breaking deal that will hurt the USD reserve currency status.  USD will weaken when more international tradings are done in non-USD currency.

China is definitely the biggest winner as it gets more price discounts and also no currency exchange losses.

What is Japan thinking! It just shows its inane in public.

http://www.globaltimes.cn/content/1050308.shtml

After badmouthing China in the Singapore during the Shangri-La Security Dialogue, Japan has expressed interest in joining the one-belt-one-road initiatives.  What is Japan thinking? Who will be so generous and forgiving?

Thus, it is not surprising for China to reject Japan's interest and Japan really deserves a tight slap for its inane behaviour.

Last but not least, China has also downgraded the security dialogue by sending a non-ministerial and low-ranking personnel to attend this summit in Singapore.

Public security is very bad in Europe now!

http://en.people.cn/n3/2017/0606/c90000-9224831.html

France started allowing China police officers to patrol Paris streets to protect China tourists in 2014 because of the high crimes rate.  Italy has followed suit and allowed China police officers to patrol 4 cities to protect China tourists.

Singapore stock calls for 6 June 2017

Middle East crisis!

https://www.theguardian.com/world/2017/jun/05/saudi-arabia-and-bahrain-break-diplomatic-ties-with-qatar-over-terrorism

Qatar is being ostracized by other middle eastern countries because it is the main supporter for ISIS.  Qatar has been funding and supporting ISIS for a long time.  Therefore, it's about time that other islamic countries take actions against Qatar.

Noble has difficulty in getting new loans!

http://www.businesstimes.com.sg/companies-markets/noble-group-is-said-to-ask-lenders-to-extend-credit-facility

Noble is asking for credit extensions with its existing banks because it has encountered great difficulties in securing new funding.

We did warn in our previous postings that investors would have little confidence in Noble because of its negative cash flows and the weak commodities industry.

Singapore stock calls for 5 June 2017

Malaysian cops are asking for bribery for this Ramadan Festival again!

Here we go again! Bribery is still rampant in Malaysia.  Do not go to Malaysia during this period unless you want to do "kind" donation so that Malaysian cops can enjoy a good Ramadan festival.

London attack after Manchester bombing!

http://www.bbc.com/news/uk-40146916

Look like terrorists are adamant to disrupt the 8 June election.

http://sg-stock.blogspot.sg/2017/05/whats-motive-for-manchester-bombing.html

Let's see how this will pan out.

Number Puzzle Game

The working will be revealed later. Try it and have some fun!

Baltic dry index - 830

Today, Friday, June 02 2017, the Baltic Dry Index decreased by 20 points, reaching 830 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 - 916

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. rose by eight this week to 916.

A year ago, just 408 rigs were active.

Houston oilfield services company Baker Hughes said Friday that 733 rigs sought oil and 182 explored for natural gas this week. One was listed as miscellaneous.

Texas added five rigs, Oklahoma added three, while Colorado, North Dakota, and Ohio each gained one.

New Mexico and Pennsylvania each lost two rigs, while Louisiana lost one.

Alaska, Arkansas, California, Kansas, Utah, West Virginia and Wyoming were all 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.

Global warming is a threat to humanity but USA President Trump doesn't care.

The withdrawal from the Paris climate pact by USA is definitely a setback for the world.  The Paris climate pact is supposed to control the temperature rise within 2 degree celsius from pre-industrial era.

The impact of global warming can be felt by our generation now.  Just look at the warmer weather in Alaska.  The Alaskan mosquitoes are breeding faster and living longer now compared to the past.

These mosquitoes are spreading because they're slowly killing other animals living in the vicinity.  As it gets harder for the mosquitoes to feed on blood from other animals, the mosquitoes are targeting humans now.

The Alaskan mosquitoes are much bigger than other types of mosquitoes.

DBS and OCBC played a part in Indonesian haze that affected Singapore.

http://www.channelnewsasia.com/news/singapore/dbs-ocbc-financed-indonesian-palm-oil-firms-engaged-in-8906772

What happened to corporate social responsibility advocated by our local banks?

http://www.straitstimes.com/business/dbs-sets-up-50-million-foundation-for-corporate-social-responsibility-efforts

http://www.todayonline.com/singapore/ocbc-injects-s600000-csr-scheme-initiatives

Look like being conscious of our environment is never part of our banks' CSR.  Making money is a higher priority over protecting the environment!

Resorts World Manila was attacked! This casino is a subsidiary of Genting.

https://sg.news.yahoo.com/gunman-kills-himself-suspected-robbery-philippines-casino-police-005155910.html

Resorts World Manila, a subsidiary of Genting, was under attacked and at least 36 people were dead.

Singapore stock calls for 2 June 2017

OMG! There is a huge shortage of Renminbi now! - Part 2

For those not in the finance industry, CNH means Offshore Chinese Yuan while CNY means Onshore Chinese Yuan.  Overnight CNH Hibor is still high at 8.7%.  Can you imagine paying 8.7% just for borrowing Renminbi for an overnight?

What are the implications for a rising Renminbi?

By right, the Moody's downgrade of China's credit rating would cause Renminbi to depreciate because more investors would stay away from China resulting in lesser capital inflows and more outflows.  However, the opposite happened because of intervention by the China government.  The rising Renminbi will affect a few things in the world because China is the 2nd largest economy.

The China property market will start to damper because it becomes more expensive for foreign investors to invest in properties due to unfavourable exchange rates.  The burgeoning debt situation will also be reduced spontaneously because of a stronger Renminbi, especially for the foreign currency denominated debts.  Foreign companies in China and those trading with China will also start to stock up on Renminbi because of this shortage.

All in all, the rising Renminbi will cause the China government to increase interest rates to reduce the demand and keep the yuan in China.  Therefore, fixed income fund manager will be monitoring the spreads between Hibor & Shibor for any arbitrage opportunities.