http://www.cnbc.com/2016/09/28/hyundais-largest-ever-labor-strike-to-weigh-on-south-korean-economy.html
South Korea's economy will continue to pay the price for letting USA sets up THAAD.
Tuesday, October 4, 2016
Monday, October 3, 2016
Golden week holiday in China will show how China perceives SG.
http://www.bloomberg.com/news/articles/2016-09-29/singapore-s-golden-week-courts-china-tourists-as-retail-falls
SG has started to prepare for the Golden Week holiday in China and is courting China tourists to come to SG. The SG retail result will be an indication how China perceives SG after our PM's anti-china remarks in USA and Japan. If there is a drop in retail sales from China tourists, it will likely indicate that anti-Singapore sentiment has taken root in China, just like what happened in Taiwan.
http://news.asiaone.com/news/singapore/singapore-envoy-refutes-china-report-south-china-sea
This article could be the harbinger for the anti-Singapore sentiment in China.
Recently, China caucus has been advising China communist party not to regard SG as Chinese and should treat SG as a normal sovereign without a Chinese root because SG has been making anti-China remarks. Once this anti-Singapore sentiment starts brewing in China, we cannot turn back the tide and our economy will suffer.
Nonetheless, let's hope for the best and monitor the retail sales figures.
SG has started to prepare for the Golden Week holiday in China and is courting China tourists to come to SG. The SG retail result will be an indication how China perceives SG after our PM's anti-china remarks in USA and Japan. If there is a drop in retail sales from China tourists, it will likely indicate that anti-Singapore sentiment has taken root in China, just like what happened in Taiwan.
http://news.asiaone.com/news/singapore/singapore-envoy-refutes-china-report-south-china-sea
This article could be the harbinger for the anti-Singapore sentiment in China.
Recently, China caucus has been advising China communist party not to regard SG as Chinese and should treat SG as a normal sovereign without a Chinese root because SG has been making anti-China remarks. Once this anti-Singapore sentiment starts brewing in China, we cannot turn back the tide and our economy will suffer.
Nonetheless, let's hope for the best and monitor the retail sales figures.
Saturday, October 1, 2016
Baltic dry index - 875
Today, Friday, September 30 2016, the Baltic Dry Index decreased by 13 points, reaching 875 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 - 522
HOUSTON (AP) – The number of rigs exploring for oil and natural gas in the U.S. increased by 11 this week to 522.
A year ago, 809 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.
Houston oilfield services company Baker Hughes Inc. said Friday that 425 rigs sought oil and 96 explored for natural gas this week. One was listed as miscellaneous.
Among major oil- and gas-producing states, New Mexico gained three rigs and North Dakota was up two. Alaska, Arkansas, Colorado, Louisiana, Oklahoma, Pennsylvania and West Virginia increased by one apiece.
Texas declined by one rig.
California, Kansas, Ohio, Utah and Wyoming were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.
SG PM has offended China again! Let's see how China will punish SG.
https://sg.news.yahoo.com/singapore-pm-lee-hsien-loong-053016886.html
Besides asking Japan to stop apologizing for WW2 atrocities, our PM is teaching China how to manage its country with an obnoxious tone. OMG!
Besides asking Japan to stop apologizing for WW2 atrocities, our PM is teaching China how to manage its country with an obnoxious tone. OMG!
Russia and USA are fighting each other in Syria!
USA claimed to bomb Syrian military by accident which was an invalid excuse because the bombing lasted more than an hour.
http://edition.cnn.com/2016/09/17/middleeast/syria-claims-coalition-airstrike-hit-regime-forces/
Russia hit back at USA in the same way.
https://syrianfreepress.wordpress.com/2016/09/21/30-israeli-killed-in-aleppo/
http://edition.cnn.com/2016/09/17/middleeast/syria-claims-coalition-airstrike-hit-regime-forces/
Russia hit back at USA in the same way.
https://syrianfreepress.wordpress.com/2016/09/21/30-israeli-killed-in-aleppo/
Friday, September 30, 2016
Thursday, September 29, 2016
Latest military news!
China has succeeded in developing quantum radar and is ready for mass production. This quantum radar is the latest technology after its quantum satellite and will render F35 stealth fighters useless. No stealth technology can escape quantum radar for now.
Tharman is not the man for SG PM.
https://sg.news.yahoo.com/dpm-tharman-on-yahoo-survey-im-not-the-man-for-130150277.html
As predicted in our earlier post, Tharman has declared himself not the man for SG PM. However, he's up for another post that the current PM is seeking to change.
As predicted in our earlier post, Tharman has declared himself not the man for SG PM. However, he's up for another post that the current PM is seeking to change.
US is losing support in ASEAN!
https://sg.news.yahoo.com/duterte-says-upcoming-philippines-war-games-us-last-143145972--business.html
Philippines is breaking up with USA because USA had played a fool out of Philippines over the PCA ruling on South China Sea which was an illegal ruling. Furthermore, USA had refused to reimburse Philippines for PCA legal cost which amounted to USD$30m. USA also interfered in Philippines' internal affairs which angered Duterte.
Philippines is breaking up with USA because USA had played a fool out of Philippines over the PCA ruling on South China Sea which was an illegal ruling. Furthermore, USA had refused to reimburse Philippines for PCA legal cost which amounted to USD$30m. USA also interfered in Philippines' internal affairs which angered Duterte.
Wednesday, September 28, 2016
Stockbank announcement!
Stockbank LLP is pleased to announce that Business wire has approached Stockbank to be its news publishing partner again after stockbank.com.sg ceased operation. Business wire news will be published on this blog and http://stockbanksg.wixsite.com/stock/news.
Tuesday, September 27, 2016
Monday, September 26, 2016
Is Tharman likely to be the next SG PM?
https://sg.news.yahoo.com/most-singaporeans-would-choose-tharman-1523976433713206.html
Politically, Tharman is unlikely to be the next SG PM. Why? Well, this is because SG survival is highly dependent on its role to be the facilitator between the east and west. If Tharman is the next PM, SG will lose its close fraternity with China as China will view SG differently. China will view SG without a Chinese root and won't give preferential treatment to SG. LHL has also indicated that the next PM must be able to speak Mandarin and Tharman is not able to do that. Without a Chinese root, SG survival is going to be tougher in a more challenging environment.
LHL has been trying to change the presidential requirements for some hidden agenda. Time will reveal the truth in the future.
Politically, Tharman is unlikely to be the next SG PM. Why? Well, this is because SG survival is highly dependent on its role to be the facilitator between the east and west. If Tharman is the next PM, SG will lose its close fraternity with China as China will view SG differently. China will view SG without a Chinese root and won't give preferential treatment to SG. LHL has also indicated that the next PM must be able to speak Mandarin and Tharman is not able to do that. Without a Chinese root, SG survival is going to be tougher in a more challenging environment.
LHL has been trying to change the presidential requirements for some hidden agenda. Time will reveal the truth in the future.
Sunday, September 25, 2016
What else did DBS do wrong?
Why did DBS say Yuan (RMB) was the big China risk? Well, DBS speculated in Yuan and was suspended for such activity in China.
http://www.cnbc.com/2016/01/06/dbs-ceo-piyush-gupta-tells-wealth-clients-focus-on-yuan-not-pmi.html
http://www.straitstimes.com/business/banking/china-suspends-yuan-trading-by-dbs-stanchart
DBS was one of the culprits that dabbled in yuan speculation and got punished by China but trying to get back on China by talking about yuan depreciation would only irk China more.
http://www.cnbc.com/2016/01/06/dbs-ceo-piyush-gupta-tells-wealth-clients-focus-on-yuan-not-pmi.html
http://www.straitstimes.com/business/banking/china-suspends-yuan-trading-by-dbs-stanchart
DBS was one of the culprits that dabbled in yuan speculation and got punished by China but trying to get back on China by talking about yuan depreciation would only irk China more.
Subscribe to:
Posts (Atom)
