Baltic dry index - 977

Today, Friday, July 21 2017, the Baltic Dry Index climbed by 13 points, reaching 977 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 - 950

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. decreased by two this week to 950.

A year ago, just 462 rigs were active.

Houston oilfield services company Baker Hughes said Friday that 764 rigs sought oil and 186 explored for natural gas this week.

Among major oil- and gas-producing states, Louisiana gained four rigs, California increased by two and North Dakota and Utah each gained one.

Oklahoma and Texas each declined by three, New Mexico fell by two and Alaska decreased by one.

Arkansas, Colorado, Ohio, Pennsylvania, 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.

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

Related stocks: Keppel Corp, Sembcorp Marine & Cosco

USA is forcing China to take Taiwan by force.

http://www.chinapost.com.tw/taiwan/national/national-news/2017/07/13/499383/aits-chairman.htm

The USA mooted the idea of performing navy port of call in Taiwan and passed a provision last month.  Thereafter, the USA upped its ante by trying to make it a legislation for its navy to establish the port of call in Taiwan.

http://timesofindia.indiatimes.com/world/china/china-slams-us-defence-bill-over-taiwan-provision/articleshow/59633295.cms

This is against the one China policy and anti secession law in China.  If China doesn't invoke its anti secession law after USA port of call in Taiwan, the Chinese won't trust the communist party anymore.  Therefore, China has to take Taiwan by force to satisfy its nationalistic sentiment.

I don't understand how the USA congress can have the power to intrude and contravene another sovereignty.  If this practice is allowed in the international arena, any country can do the same and China can also pass a legislation in its parliament to violate the sovereign of USA.  Even ICJ which is under UN cannot accept and rule on any case that will violate another sovereignty.

Singapore stock calls for 21 July 2017

Hail storm killed goats in Spain.

http://www.dailymail.co.uk/news/article-4706398/Hail-stone-storm-Spain-killed-sheep-wrecked-cars.html

Freak weather caused by global warming. Sigh!

Failure of the North & South Korea talk, Why?

https://sg.news.yahoo.com/no-korean-military-talks-north-snubs-souths-call-011540288.html

The NK snubbed the SK because NK knew that SK couldn't decide on any terms and conditions since SK was no longer a sovereignty in the eyes of the NK.

Why did I say so?

Well, this is so easy to see.  If NK is willing to stop its nuclear development in exchange for the removal of THAAD and US troops in SK, is SK able to make that decision?

The answer is a resounding NO.

The real crux of the problem is actually between USA & NK.  Therefore, SK cannot engage NK in any discussion because it cannot make any decision on behalf of USA.  The NK knows this but SK doesn't even understand its own position.

As long as the USA is in the picture, there will NEVER be a peaceful resolution between NK & SK.

Do you eat USA beef? Mad cow disease is detected in USA cow now!

https://www.reuters.com/article/us-usa-cattle-bse-alabama-idUSKBN1A32IY

I don't eat USA beef because it is laced with ractopamine.

The USA has mad cow disease now! So watch out for your health!

http://sg-stock.blogspot.sg/2016/11/what-do-you-get-for-being-staunch-usa.html

Political battles are playing out in China!

Have you ever wondered why billionaires in China are getting into troubles?

http://variety.com/2017/biz/asia/wanda-leeco-add-to-darkening-sentiment-china-financial-markets-1202498324/

This is because President Xi is getting rid of the cohorts that belong to the corrupted system.  President Xi is engaged in a dragon-tiger battle in which Xi is the dragon and Hu, Li and Jiang are the 3 tigers.

Let me give you a synopsis of the corrupted system.

Jiang Zemin wielded powers in the military and finance industry.  President Xi managed to wrestle the military power from Jiang prior to taking down his key henchman, Zhou Yong Kang.  Currently, Jiang Zemin is under house arrest (I verified this with my China relative.).

Li Peng wielded powers in the electrical power and finance industry.  President Xi removed Li Peng's daughter from the power industry.

Hu Jin Tao wielded powers in the electrical power and water industry.

Most of the China billionaires are not true entrepreneurs and they amassed tremendous wealth through political powers with their connections.  Wanda's Wang Jian Lin was closely connected to Bo Xi Lai who was taken down by Xi because Bo Xi Lai was Zhou Yong Kang's henchman.  Wang Jian Lin would follow Bo Xi Lai wherever Bo was posted and Bo would approve Wangda's malls in prime districts.

President Xi had ordered banks to terminate all financing to Wangda which caused Wang Jian Lin to sell his company assets to raise funds.  There will be more troubles for Wang Jian Lin because the government is checking his accounts for money laundering.

https://finance.yahoo.com/news/chinas-curbs-wanda-investors-fret-123813928.html

Leeco's founder also got into troubles because of his background.

http://variety.com/2017/biz/news/chinese-court-seizes-millions-assets-leeco-jia-yueting-1202487399/

Jack Ma of Alibaba is very worried now because he is also closely associated with the old guards.

President Xi survived 2 assassinations (one gunshot and one intoxication) while trying to get rid of the 3 tigers.  Jiang was believed to be the mastermind of the assassinations.

https://sg.finance.yahoo.com/news/chinese-city-leadership-shake-signals-xi-power-play-021744915.html

Singapore stock calls for 20 July 2017

Nam Cheong defaulted on its bonds!

https://www.bloomberg.com/news/articles/2017-07-20/nam-cheong-stops-servicing-428-million-debt-as-it-restructures

It is not surprising to see Nam Cheong defaulted on its bonds.  Please refer to our previous posting on Nam Cheong.

https://sg-stock.blogspot.sg/2017/03/what-happened-to-nam-cheong-today.html

OMG! Hail storm in Tokyo!

This is just like in the movie the day after tomorrow.  Climate change is really scary.

World's first electric and autonomous bus completed road test in South China.

Wow! China electric and autonomous bus will be on the road faster than any country including Singapore.

When you conduct military exercise in South China Sea, be prepared for China to conduct military exercise near your sea too.

http://www.asianage.com/india/all-india/190517/india-singapore-navies-conduct-joint-exercise-in-s-china-sea.html

India and Singapore conducted military exercise in the South China Sea in May 2017.  Therefore, it is not surprising to see China conducting exercises in Indian ocean too.

http://en.people.cn/n3/2017/0718/c90000-9243240.html

Do you believe in past life or reincarnation?

http://totalalive.com/girl-remembers-past-10-lives/

There is a girl who remembers her 10 past lives and her past lives stories have been verified by a renowned UK anthropologist.

There are many cases of reincarnation in this world and I will just highlight a few amazing stories here.

http://sg-stock.blogspot.sg/2016/10/amazing-russian-boy-who-claimed-to-be.html

There is also a China village which is renowned for reincarnation as most of the reincarnations happened in nearby regions.

http://english.china.com/travel/keywords/travelogue/252/20160525/667076.html

Singapore stock calls for 19 July 2017

Singapore non-oil domestic exports (NODX) - Part 4

Singapore NODX increased 8.2% in June YOY.

https://sg.finance.yahoo.com/news/singapore-nodx-8-2-june-022800800.html

Year on year changes:

June 2017: 8.2%
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/2017/06/singapore-non-oil-domestic-exports-nodx.html

Foreigners' feedbacks are more important to SIA than logical rationale.

http://www.straitstimes.com/singapore/singapore-airlines-to-review-serving-nuts-on-its-flights-after-toddler-has-allergic?xtor=CS11-86?xtor=CS11-86

SIA may stop serving peanuts in its planes because of a toddler's allergy.

Parents should understand their own child's health and it is incumbent upon them to make sure that their kids don't eat a certain food.  However, parents have no right to demand airlines not to serve peanuts.  Can we demand NTUC not to sell peanuts or peanut butter because our kids are allergic to them?

Service providers have the right to sell/serve but we've the right to reject or not to buy.  By insisting the service providers not to offer them is not a democratic solution but a selfish act.

There are many allergies and we can't ban all the food.  If someone complains to SIA of chilli allergy, is SIA going to ban chilli?  If someone complains to SIA of seafood allergy which is very common, is SIA going to ban seafood too?

I must say SIA has no logical rationale.  No wonder it is losing to other airliners.

US stock market is the world's most expensive!

http://www.marketwatch.com/story/the-us-stock-market-is-the-worlds-most-expensive-2017-07-18?siteid=yhoof2&yptr=yahoo

How far do you think the US stock market can rise further when it is already the most expensive?  If the corporate earnings cannot match the stock market expectations, then a crash is imminent and unavoidable.

The stock market is so high because of QE and the unwinding of QE is going to begin soon in the USA.

Do you notice that the USD has been falling?

http://www.marketwatch.com/story/dollar-falls-after-senate-republicans-abandon-bill-to-replace-obamacare-2017-07-18

What's the impact of USD depreciation?

USD fell heavily yesterday (Tues) because of Trump's medical care reform rejection in congress.  Trump will have problem pushing for his tax reform and fiscal policies in congress too as he is losing support and confidence.

Commodities will spike up because these are priced in USD and buyers can buy more commodities with cheaper USD.  When the demand increases, the price will go up.

Japan is pushing for TPP again after its failure to join OBOR initiative.

https://www.nytimes.com/2017/07/14/business/trans-pacific-partnership-trade-japan-china-globalization.html

http://www.cnbc.com/2017/07/13/vietnam-malaysia-stand-in-the-way-of-japans-trans-pacific-partnership-dream.html

Without the USA, TPP is useless as its economic size and benefits will be reduced significantly.

Japan is blaming Vietnam and Malaysia for standing in the way of TPP (ex-USA).

Hahaha! Good luck to Vietnam and Malaysia as these 2 countries will have to compromise a lot in this new round of talk.  Japan will not compromise as it is the biggest economy in the new TPP.

Singapore stock calls for 18 July 2017

The truth about China-India border skirmishes.

It was without a doubt that India encroached on China's territory because it wanted to stop the infrastructure development on China's border.

http://sg-stock.blogspot.sg/2017/06/india-and-china-are-having-border.html

India felt threatened by the infrastructure development which would allow China to move troops to the China-India border rapidly.  However, this is not an excuse to enter China illegally to stop the development.  A country cannot tell another country what to do or not to do in its own country.

India also felt threatened by China's dam developments but India had no right to interfere in any constructions in China.  India can only blame its own geographical limitations.  Just like Singapore, we do not have water resources and have to rely on Malaysia for water.  However, we know we have no right to demand Malaysia to supply Singapore with water.  Therefore, we build new water and desalination plants to produce clean water for ourselves.

India thought it could bully China because of the upcoming 19th congress party.  It had been a China practice to maintain peace and order prior to the 19th congress party but China deviated from this practice this time.  China became more assertive by amassing more troops and conducting live firing exercise to show its determination to protect its border from any incursions.

http://www.scmp.com/news/china/diplomacy-defence/article/2102965/china-flexes-its-military-muscle-tibet-close-border

India knew that it was no match for China and had been defeated by China before in 1962.  Therefore, India had to fabricate and spread some false news through its media and other online channels to garner support for its illegal actions.

After seeing China's assertive stance against India's incursion prior to the 19th congress party in China, India had decided to soften its aggression and try to ease the tension through the diplomatic solution.

http://www.firstpost.com/india/india-china-border-row-nsa-ajit-doval-likely-to-visit-beijing-for-brics-nsas-meeting-on-27-and-28-july-3811461.html

India will be meeting China on 28 July to resolve this matter.

Singapore stock calls for 17 July 2017

PM Lee was ostracized in G20 summit.

What's the point of attending the G20 when Singapore was isolated by other major countries?

Major countries didn't want to communicate with Singapore in G20 because Singapore was not part of G20.  Singapore only attended G20 as an observer.

Singapore extolled good relationship with China but President Xi didn't even interact with PM Lee during the break time.

Protest against PM Lee is useless.

https://sg.news.yahoo.com/singapore-protest-demands-inquiry-pm-family-feud-161146864.html

This protest against PM Lee is useless because 70% of Singaporeans voted for this one-party system.  PM Lee had already declared no abuse of power in the parliament and the parliament fully supported him.  With the AG and Parliament rallying behind him, he is untouchable.  Therefore, 30% of Singaporeans can only suffer in silence.

If this group of people had a real interest in Singapore, they should also protest against AG's declaration of Wee Kim Wee as our first elected president which was against our common consensus but they didn't.

I wonder why.

Look like Donald Trump is only a 1 term president.

https://sg.news.yahoo.com/trump-losing-public-support-poll-130048321.html

If his public approval rating continues to drop like this, he will only be a 1 term president.  Therefore, his focus will be to garner as many business deals as possible for his own business before the party is over.

Baltic dry index - 900

Today, Friday, July 14 2017, the Baltic Dry Index climbed by 12 points, reaching 900 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 - 952

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. remained unchanged this week, staying at 952.

A year ago, just 447 rigs were active.

Houston oilfield services company Baker Hughes said Friday that 765 rigs sought oil and 187 explored for natural gas this week.

Among major oil- and gas-producing states, Texas gained three rigs, Utah increased by two and Colorado and North Dakota each increased by one.

Alaska, Louisiana and Oklahoma each declined by two.

Arkansas, California, Kansas, New Mexico, Ohio, Pennsylvania, 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.

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

Related stocks: Keppel Corp, Sembcorp Marine & Cosco

Singapore stock calls for 14 July 2017

Bigger container ships bring in more containers into Singapore but with fewer port calls.

http://www.seatrade-maritime.com/news/asia/box-volumes-at-singapore-port-increase-8-5-in-june.html

Singapore increases its container volume by 8.5% at 2.6m TEU in June 2017 compared to 2016.  However, the number of ships' calls drop 3.8% month on month to 3378 ships.

http://www.businesstimes.com.sg/energy-commodities/singapore-june-marine-fuel-sales-fall-to-their-lowest-this-year

This conundrum is caused by larger container ships which can carry more TEUs.  Therefore, our containers increase but the ship port calls drop which affects the bunker sales.

Climate change will be disastrous for Asia. Find out which countries are the most affected!

http://www.channelnewsasia.com/news/asiapacific/adb-warns-climate-change--disastrous--for-asia-9031202

The Asian countries most affected by climate changes are Myanmar, Philippines, Vietnam, Pakistan and Thailand.

Therefore, think twice before you invest in these countries especially property investments.

Hahaha! The USA has to get used to China's spy ship now.

https://sg.finance.yahoo.com/news/chinese-spy-ship-reportedly-lurking-051200989.html

When the USA sends its P8A to spy on China, it must also get used to being spied on.

This is a fair game.  When you spy on others, you will also be spied on by others.  If you go to other people's backyard, other people will also go to your backyard.

Why does Indonesia want to move its Jakarta capital?

http://www.straitstimes.com/asia/se-asia/indonesia-studying-plan-to-relocate-capital

Jakarta is under serious threat from rising sea level and is constantly flooding because 40% of its land is under sea level now.  With the breakage of the iceberg in Antarctica, the sea level will rise a further 10cm in the foreseeable future.  This is the problem of global warming.

The next capital under siege is Bangkok.  Bangkok is sinking about 5cm per year and with the rising sea level, flooding will become a serious threat to this capital.  Foreigners who bought BKK condos will have problems cashing out their properties.

UFO teleported itself in a square portal.

Amazing technology!

Wow! S$100m for a Singapore penthouse!

https://sg.finance.yahoo.com/news/singapore-penthouse-sale-over-72-043611407.html

Are we living in stratospheric or what?  When does a Singapore penthouse become so highly priced?

I know Singaporeans won't buy this penthouse because S$100m can get a good class bungalow with a big land.

Any foreigner who can pay $100m for a penthouse is no ordinary person but paying for a Singapore penthouse at this price does sound like an inane decision.

One trillion tonne of iceberg broke off Antarctic.

http://www.dailymail.co.uk/sciencetech/article-4688662/Trillion-ton-iceberg-snapped-Antarctic-ice-shelf.html

If larsen C section breaks off in the future, the sea level will increase by 10cm.  OMG!

Singapore stock calls for 13 July 2017

Wave energy technology is being developed in China.

http://en.people.cn/n3/2017/0711/c90000-9240120.html

Producing electricity by harnessing sea waves is already happening in China now!

This is the latest renewable energy development after solar and wind.

Kudos to China!

Singapore stock calls for 12 July 2017

Noble Group update.

http://www.straitstimes.com/business/companies-markets/goldilocks-raises-stake-in-noble-group-to-819-from-503

The Noble group has been spiking because of the appearance of a white knight from Abu Dhabi.  Goldilocks has accumulated more than 8% share in Noble.

However, Noble is unlikely to recover to its past glory days because of the weak commodities industry.  Noble has to sell its golden goose to beef up its financial fundamentals and without the golden goose, it won't be able to make the same incomes like before.

There has to be a major restructuring in the business model now to position itself for the next upturn.

Oil prices may fall below $40!

http://www.cnbc.com/2017/07/11/oil-prices-may-fall-below-40-without-a-clear-buy-signal-goldman-says.html

Why are we not surprised?

We already knew that oil prices won't go higher in the future.

http://sg-stock.blogspot.sg/2017/05/oil-prices-wont-go-higher-in-future.html

OMG! Islamic law permits sex with animals!

This summary is not available. Please click here to view the post.

Mystery lights in Tokyo sky.

http://www.asiaone.com/asia/mystery-lights-appear-over-tokyo-sparks-fear-and-confusion-among-netizens

My best guess for this is either a lightning ball or earthquake light.

A lightning ball moves in a slow and abnormal way.  Please look at the lightning ball picture below.

Earthquake lights can look similar to lightning ball too.  Please see the picture below.

If the strange light is related to an earthquake, then Japan is in trouble because there'll be an impending earthquake soon.

We cannot let Japan get away with this!

https://sg.finance.yahoo.com/news/japan-protests-koreas-comfort-women-heritage-bid-091722371.html

The comfort women were forced to be sex slaves and there's not a single drop of doubt about it.  We cannot let Japan whitewash this inhumane historical war event.

We must not be like our PM Lee who didn't understand WW2 history well enough and asked Japan to stop apologizing.

Singapore stock calls for 11 July 2017

Facial recognition system installed in a toilet.

Facial recognition system has widespread applications!

Can you believe it? China installs facial recognition for the toilet.

Alibaba is launching its automatic retail shop soon.

China has really advanced a lot over time.

Who would have thought that China would be so technologically advanced!

Singapore doesn't even have this yet.

Singapore stock calls for 10 July 2017

India is an unfriendly neighbour!

India enjoys bullying its neighbours.  First, it encroached on China's territory to stop China's infrastructure development in June and lied about its encroachment until China showed the border picture.  Now, it is firing at Pakistan.

https://sg-stock.blogspot.sg/2017/06/india-and-china-are-having-border.html

Wow! China is going to commercialize quantum communication next month.

http://en.people.cn/n3/2017/0710/c90000-9239382.html

No more tapping or hacking in China soon!  Great job!

OMG! Singapore didn't support banning of nuclear weapons!

http://newsinfo.inquirer.net/911999/122-countries-adopt-global-treaty-banning-nuclear-weapons

OMG! Singapore abstained from voting for this nuclear weapons ban treaty! Why?

Did the USA pressure Singapore from voting? Or Singapore supports nuclear weapons?

More sanctions on North Korea won't work.

https://sg.news.yahoo.com/u-given-china-draft-u-n-north-korea-190521886.html

Let's face it and take a time out to re-examine all the sanctions imposed on NK.

Ever since sanctions were imposed on NK, NK's nuclear and missile technologies were advancing year after year regardless of the sanctions.

Therefore, it's pretty obvious that sanctions don't work at all because China and Russia will continue to support NK and Kim knows it better than the USA.

Therefore, USA has to work cordially with China and Russia to resolve the NK's issues.

Civilian death tolls are increasing in Iraq and Syria but UN doesn't care.

https://sg.news.yahoo.com/us-led-strikes-claim-another-119-civilian-lives-144056338.html

Only western lives are highly valued by the world and other lives are not especially those middle eastern lives.  Nobody will care about innocent lives lost in Iraq and Syria because UN allowed these innocent lives be killed by unilateral actions from the USA.

Baltic dry index - 822

Today, Friday, July 07 2017, the Baltic Dry Index decreased by 7 points, reaching 822 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 - 952

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by 12 this week to 952.

A year ago, just 440 rigs were active.

Houston oilfield services company Baker Hughes said Friday that 763 rigs sought oil and 189 explored for natural gas this week.

Among major oil- and gas-producing states, Oklahoma and Alaska each gained four rigs. Louisiana and Texas were up two apiece.

New Mexico and Utah each declined by one.

Arkansas, California, Colorado, Kansas, North Dakota, Ohio, Pennsylvania, 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.

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

Related stocks: Keppel Corp, Sembcorp Marine & Cosco

Indonesian man can lay eggs!

Did he insert something inside his anus or what?

If those are white faeces, he has a serious medical condition which is a lack of bile in his digestive system.

USA is trying to pressurize China to whip North Korea but in a wrong way.

https://sg.news.yahoo.com/u-bombers-challenge-china-south-china-sea-flyover-043839588.html

The USA is trying to force China to whip North Korea with this flyover but it will not succeed because China will retaliate in another way.

The political tactic now is to create stinging issue against your opponent and use it for negotiation.  Both countries know this and will create troubles for each other.

Russia and China have stopped the USA motion in UN already.  The USA has to understand that UN cannot approve any motion without Russia and China approvals.

It's official now because of high court ruling! Wee Kim Wee was our first elected president!

https://sg.news.yahoo.com/tan-cheng-bock-constitutional-challenge-elected-presidency-fails-070236394.html

The high court states that Attorney General Chamber was right to declare that Wee Kim Wee was our first elected president.

This is indeed a historically changing event for Singapore as the definition of elected president has changed in Singapore context.

Singapore stock calls for 7 July 2017

US must work with China and Russia to resolve North Korea's threat.

https://sg.finance.yahoo.com/news/u-led-bid-condemn-north-230958294.html

The USA will always meet objections in UN when it doesn't work with China and Russia in resolving any issue.

UN is not a subsidiary of USA and USA cannot lead UN per se.  UN will become a useless organization when there is a non-consensus.  This is the reality for UN.

A North Korea war is not a simple affair.

If a war breaks out in North Korea due to the USA, it won't be a simple affair.  Why?

This is because the North Korea war will drag China, Russia, South Korea and Japan into it.  When there are so many countries involved in a war, it will definitely get messy and cannot be easily controlled.

NK will definitely attack SK and Japan while China and Russia will support NK for its fight against the USA.  Therefore, the USA is unlikely to attack NK without approvals from China and Russia.  Asia will be in a big chaos because of this NK war.

Do we really want a war that is in Asia?

Bermuda Triangle produced a new island in just 60 days.

https://www.thesun.co.uk/news/3912243/bermuda-triangle-new-island-dangerous/

This new island is created in just 60 days in Bermuda Triangle and is not pushed up from the seabed.

Scientists do not understand the formation of this new island because it has a lot of shells on it.  This is abnormal because the new island is formed in just 60 days.

USA issues war threat against North Korea.

https://sg.news.yahoo.com/north-korea-says-icbm-carry-nuclear-warhead-u-024638495.html

The USA won't attack NK unless it has permissions from China & Russia because China & Russia will support NK if a war breaks out.

NK is strategically important to China & Russia.

Singapore stock calls for 6 July 2017

Did PM Lee lie in the parliament?

Just look at this FB screenshot and decide for yourself.

Lee Hsien Yang and Lee Wei ling insist that PM Lee has abused his power.

https://sg.news.yahoo.com/lee-hsien-yang-lee-wei-ling-declare-social-media-pause-keep-much-evidence-reserve-013847765.html

Both claimed to have more pieces of evidence of PM LEE's power abuses but they won't be showing in public.

Abuse of power is a serious offence!  Any offender must be brought to justice.

North Korea's ICBM testing has the support from Russia & China.

How did North Korea get the ICBM technology?

It is Russia that transferred the ICBM technology to NK but ICBM technology alone is not enough to make it a success as GPS is needed to guide the ICBM.  Therefore, China let NK use the beidou GPS for the ICBM testing.

Why did China and Russia help NK to develop the ICBM?

I have to attribute this to the USA for forcefully installing the THAAD system in South Korea.  China and Russia are helping NK so that they will have a bargaining chip to negotiate with the USA to remove the THAAD system from SK.  This is a political tactic that I've mentioned previously in my post below.

http://sg-stock.blogspot.sg/2017/07/the-ulterior-motive-behind-freedom-of.html

When you don't have any bargaining chip, you have to create a stinging issue and use it to negotiate with your opponent.

Singapore stock calls for 5 July 2017

PM Lee declared no abuse of power!

https://sg.news.yahoo.com/lee-family-war-rumbles-singapores-parliament-debates-062642277.html

It is not surprising to reach this outcome due to the "ownself checks ownself" policy.  Furthermore, LHY and LWL cannot be present to refute PM Lee and present their own versions.

The Singapore drama is over and life will return to normal because Singaporeans only regard this as an entertainment.  Singaporeans don't really care much about politics nowadays.  When we don't care about our first elected president, why would we care about the Lee family squabble?

Nigeria forcefully evicted Taiwan office and Taiwan was just returning the favour.

http://www.taipeitimes.com/News/front/archives/2017/07/02/2003673712

This is what Taiwan deserved for not recognising the one-China policy and for rejoicing the US port of call.

A forced eviction is the most humiliated political incident.

https://sg-stock.blogspot.sg/2017/06/usa-is-trying-to-stirring-troubles.html

A slightly different picture of the Lee family's network.

I've found a slightly different Lee family's network with Ho Peng Kee on it.

I don't know which one is correct as there's a lot of fake news out there.

PM Lee said there's no NEPOTISM but research showed otherwise.

https://sg.news.yahoo.com/pm-lee-parliament-allegations-abuse-power-siblings-entirely-baseless-064009524.html

I found this Lee family network picture online.

Maybe PM Lee should explain the relationships above.

The ulterior motive behind freedom of navigation.

https://sg.news.yahoo.com/chinas-defence-ministry-says-u-damaged-stability-south-062054491.html

This is just a political tactic for negotiation.

When you have no bargaining chip in your hand, you have to create a political issue which can sting your opponent.  Then, you can use this stinging issue for a quid pro quo negotiation in return.

The USA has been successful insofar in using this tactic because China President has raised this stinging issue with President Trump.

This is a typical USA political style and I've seen this played out many times.

Our MPs called for independent inquiry for the power abuse allegations but our PM Lee won't allow it.

https://sg.news.yahoo.com/lee-family-feud-mps-call-independent-inquiry-abuse-power-allegations-141913743.html

PM Lee knows that more skeletons will be uncovered as his siblings will release more juicy stuff.  Therefore, he won't allow it and declare that there is no abuse of power.  End of the story.

Singapore stock calls for 4 July 2017

China's quantum radar will make USA stealth technology useless.

Stealth fighter planes will show up on quantum radar very clearly and its make and model can be established easily.

Look at the pictures below.

A bird is clearly identified on the quantum radar.

A stealth bomber is clearly identified on a quantum radar.

http://www.dailymail.co.uk/sciencetech/article-2249392/The-unjammable-quantum-radar-make-present-generation-stealth-technology-obsolete.html

Lee Kuan Yew's email indicated that PM Lee had decided to declare the house as a heritage site.

This means that he will stop the executors from executing LKY's will.

Mr Goh said minister must sue or else step down!

https://sg.news.yahoo.com/ministers-facing-baseless-accusations-sue-goh-chok-tong-065245573.html

Is he going to follow through on what he's said?

Will he ask PM Lee to step down?

What if PM Lee doesn't step down for not suing?

PM Lee made false claims about LKY's house!

https://sg.news.yahoo.com/lee-hsien-loong-made-false-claims-fathers-wishes-oxley-house-wei-ling-hsien-yang-045037960.html

LHY and LWL rebutted against LHL's false claims in parliament.

This saga will never end because LHL refuses to go to the court to settle this.  The parliament sitting doesn't allow LHY and LWL a right to speak out or cross-examined LHL.

We, the Singaporeans, are watching this like a Korean drama.

North Korea fired missile again!

http://www.bbc.com/news/world-asia-40489750

Sigh! Here we go again!

NK has fired a missile today again!

NK is a poor country and yet Kim is wasting money on missile firing.  China has banned coal imports from NK already and NK will suffer economically with a major drop in coal income.

I don't know where his country is getting money for test firing its missiles when countries are banning NK imports.

Low Thia Khiang is right this time!

https://sg.news.yahoo.com/lee-family-feud-serious-matter-not-korean-drama-show-low-thia-khiang-084528119.html

The best place to settle the family dispute is in the court, not in the parliament.  PM Lee doesn't want to go to the court because he is not the executor of LKY's will.  He knows the law favours the executors (LHY and LWL) over him.

PM Lee uses parliament to address allegations against him won't increase confidence in him.

https://sg.news.yahoo.com/pm-lee-parliament-allegations-abuse-power-siblings-entirely-baseless-064009524.html

Nobody can cross-examine him in the parliament as all the questions have to be forwarded to him before parliamentary sitting.

Lee Hsien Yang and Lee Wei Ling also cannot be present to refute him or give their sides of the story.  Therefore, it's not a fair channel like a court proceeding.

Sigh!

Beware of KKKL bus tours and travel agency!

http://www.asiaone.com/singapore/singaporeans-returning-kl-lose-valuables-after-malaysia-registered-bus-disappears-johor

This KKKL is an irresponsible company!  Its bus driver made off with the bus and passengers' valuables but the company didn't help to locate its bus driver or compensate the passengers.

Please buy bus insurance to protect your valuables in the bus and never take KKKL bus.

Singapore stock calls for 3 July 2017

Qatar will NEVER agree to Saudi's unreasonable demands.

https://sg.finance.yahoo.com/news/qatar-defiant-deadline-nears-resolve-gulf-rift-132923776.html

There's no way to agree to Saudi's unreasonable demands as Iran and Turkey helped Qatar in the face of the adversary (Saudi) during bad times.

Qatar will lose its credibility and friendship if it turns its back on Iran & Turkey and will be held as a hostage state forever by Saudi.  This is definitely not in Qatar's interest in the long run.

USA encroached on China's territory again.

http://en.people.cn/n3/2017/0703/c90000-9236113.html

What's the point of doing this except for the purpose of a public stunt?

The USA still got chased away by China's navy.  This is just like a cat and mouse chase game.  The mouse will always run away after seeing the cat.  The USA is afraid to take on the China's navy.  If the USA destroyer is really in international water, it should stay put and defend its stance.

If the USA backs off from its position, it means the USA is not in international water.

Japan PM Abe was defeated in Tokyo assembly vote.

https://sg.news.yahoo.com/japan-pm-abe-chastened-huge-loss-tokyo-assembly-032927286.html

His loss was due to his power abuse.

It will be difficult for him to push his economic and political policies in the parliament if he doesn't retain a majority support.

Skirmishes between China and Vietnam.

https://www.nytimes.com/2017/06/21/world/asia/china-vietnam-south-china-sea.html

General Fan from China left the meeting with Vietnam because he received intelligence that Vietnam and USA were conducting oil exploration in Nansha while he's in Vietnam which was tantamount to a backstab on General Fan.

Who wouldn't be fuming?  The meeting was supposed to defuse the tension but Vietnam did exactly the opposite when General Fan arrived in Vietnam.

Both sides should adhere to the agreed codes of conduct and defuse the tension or there won't be peace in South China Sea.

Our late Lee Kuan Yew was wary of Vietnam in the past and was the first PM in the world to write to the Thailand King to warn about Vietnam.  Moreover, our late Lee Kuan Yew was also the one who encouraged the USA to contain Vietnam which resulted in the Vietnam war because Lee Kuan Yew didn't want communism to spread to South East Asia.

Baltic dry index - 901

Today, Friday, June 30 2017, the Baltic Dry Index decreased by 19 points, reaching 901 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 - 940

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. fell by one this week to 940.

A year ago, just 431 rigs were active.

Houston oilfield services company Baker Hughes said Friday that 756 rigs sought oil and 184 explored for natural gas this week.

Among major oil- and gas-producing states, Texas gained one rig. Alaska and Colorado each lost one.

Arkansas, California, Kansas, Louisiana, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Utah, 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

Will smoking ban at Orchard Road improve visitor experience?

http://www.channelnewsasia.com/news/singapore/orchard-road-to-go-smoke-free-by-2018-no-new-smoking-areas-at-f-8991026

Well, I don't know about you guys but I usually stay indoor in the mall to enjoy the air-con unless I've to walk to another mall on the street.  Therefore, there's not much improvement in the visitor experience to speak of as I don't stay long on the street.  Singapore is so hot and humid and there's no reason to stay long on the street unless I want to "roast" myself in the day.  The nightlife is also not fun at Orchard Road unless you are looking for a happy ending at Lucky Plaza or Orchard Tower.

I must say Orchard Road has lost its allure as a shopping paradise and I've not shopped at Orchard Road for a long time already.  I don't go to Orchard Road unless on a need-to basis which is usually reserved for a business appointment.

The shopping experience is not great anymore at Orchard Road because its product mix is not attractive or interesting.  I rather stay at home to browse and shop online at my own comfort time.  My shopping habit has changed and I've shopped more online nowadays.  The Orchard Business Association is looking at the wrong cause of the problem.  I know that mall retail vacancy is increasing and the Orchard Business Association is very worried but prescribing the wrong medicine for the ailment won't improve the condition at all.

The Orchard Business Association has to bear in the mind that China and Japanese tourists are smokers and they will also reduce their shopping visits to Orchard Road due to the smoking ban.

This smoking ban will definitely impact Orchard retail revenues and more retailers will move out as they cannot sustain their retail businesses due to the high rentals.  Last but not least, I'm not a smoker and I exercise regularly.  Thus, this is not a prejudiced opinion of the smoking ban for Orchard Road.

PS: If NEA is really worried about our health, it will be better to reduce carbon dioxide and PM2.5 in the air as these cause more harm to our bodies than cigarettes.

Singapore stock calls for 30 June 2017

India and China are having border disputes now.

India encroached on China's border territory to stop China from infrastructure building on its own land.

http://www.bbc.com/news/world-asia-40413925

To put the record straight, China FM revealed Indian troopers trespassing into China's territory.

Japan consulate is trying to whitewash the existence of comfort women.

http://www.reporternewspapers.net/2017/06/27/japan-consul-generals-comfort-women-comments-trigger-international-criticism/

Here we go again!

This is the reason why the world cannot forgive Japan for its atrocities in WW2.  We must insist that Japan keeps apologizing for WW2 crimes so that it can never have the opportunity to whitewash its disgraceful history.

Our PM Lee made a grave mistake by asking Japan not to apologize anymore and this had incurred the wrath of regional countries like China and South Korea because SG was also a victim in WW2.

The Japanese consulate claimed that the so-called "Comfort Women" were merely paid prostitutes because they couldn't withstand the hardships of life and therefore sold sex for money.  If our PM Lee approved Japan's rationale, then we're blaming our own Singapore women in the past for being paid prostitutes because they couldn't tolerate hardships.

http://sg-stock.blogspot.sg/2016/10/sg-pm-has-offended-china-again-lets-see.html

South Korea has protested strongly against this Japanese diplomat.

http://english.yonhapnews.co.kr/national/2017/06/29/0301000000AEN20170629007600315.html

The current South Korean President is trying to rescind the comfort women settlement pact signed by the previous President Park with the Japanese government because of japan's recalcitrant attitude towards its disgraceful WW2 crimes.

USA is trying to stir troubles again for China.

http://www.straitstimes.com/asia/east-asia/us-senate-panel-votes-to-allow-american-warships-to-dock-in-taiwan-ports

The USA should stop playing this kind of trick.  It is a stupid political move because China knows that it won't go through as the USA cherishes diplomatic ties with China.

The USA knows that China will cut diplomatic ties with the USA if this policy is approved by the parliament or when President Trump doesn't veto it.

The anti-secession law in China doesn't allow foreign intervention in Taiwan affairs and this kind of intervention will give China the legitimate reason to take Taiwan by force.

Good luck to Taiwan since it is so eager to be the sacrificed pawn!

Hot news! Philippines president Duterte may have lung cancer!

News came out of Taiwan that Duterte may have lung cancer because Taiwanese doctor and chinese physician are engaged to treat Duterte in the Philippines.

Duterte didn't attend the national day parade and went missing for 6 days in the Philippines.  If he really has lung cancer, there'll be chaos in South China Sea again because USA will make use of this golden opportunity to manipulate and control Philippines after Duterte.

Singapore stock calls for 29 June 2017

Why did China set up a public trial and execute 13 drug lords?

http://www.scmp.com/news/china/society/article/2100147/13-chinese-sentenced-death-drugs-offences-thousands-look-public

A village in the city of Lufeng was a major drug manufacturing plant and the whole villagers were involved actively in the drug production.  It took 3,000 military police and 2 months of planning to storm into the village to arrest about 200 villagers.  Military police were involved because local police were bribed.

The public trial and immediate execution of 13 drug criminals were meant to send a strong signal to the other citizens in the village that drug production was a felony and anyone caught in production and selling of drugs would be executed.  This maybe a draconian tactic but it is a necessary one because high officials and the whole villagers were involved.

UN cannot do much nowadays! No money, no talk!

https://sg.news.yahoo.com/deal-reached-cuts-un-peacekeeping-diplomat-140629807.html

UN is suffering from budget cut and cannot do as much as before.  This world is really ruled by money. Heehee!

Russia warned USA about launching attack on Syria and USA backed off.

https://sg.news.yahoo.com/russia-says-respond-dignity-u-mounts-syria-strike-165755038.html

After Russia issues warning about retaliation if USA attacks Syria, USA tries to wiggle its way out of the allegation.

https://sg.news.yahoo.com/u-defense-secretary-says-syria-appears-heeded-u-125859625.html

Russia can also say that its warning to the USA has proved to be effective in stopping USA from attacking Syria.