http://www.independent.co.uk/news/world/middle-east/iraq-spaceships-transport-minister-kazem-finjan-iraqi-sumerians-space-travel-7000-years-ago-a7340966.html
Iraqi transport minister declared that the first airport was built 7,000 years ago by aliens. This is the 2nd minister to declare that Aliens exist after ex-Canadian defence minister.
Monday, May 1, 2017
North Korea wanna do nuclear test.
https://sg.news.yahoo.com/n-korea-warns-nuclear-test-time-071955761.html
Let's see if he has the guts to do it. He will lose China's support immediately once he does that. Russia also won't support him anymore after the nuclear test.
It's a lose-lose situation for Kim if he pushes ahead with the nuclear test. He should just accept China's proposition to drop his nuclear development in exchange for China's defence/protection plan. China is capable of defending NK now.
Let's see if he has the guts to do it. He will lose China's support immediately once he does that. Russia also won't support him anymore after the nuclear test.
It's a lose-lose situation for Kim if he pushes ahead with the nuclear test. He should just accept China's proposition to drop his nuclear development in exchange for China's defence/protection plan. China is capable of defending NK now.
Sunday, April 30, 2017
Wow! China maybe the first country to build a vacuum train.
http://www.chinadaily.com.cn/china/2017-04/26/content_29091266.htm
This is the latest transportation technology which can travel at 2900km/hr which is about 3x the speed of a commercial airliner.
China has really improved by leaps and bounds in engineering technology. No wonder it can complete the carrier construction in 3 years.
http://economictimes.indiatimes.com/news/defence/8000-innovations-added-on-chinas-1st-home-made-aircraft-carrier/articleshow/58417638.cms
This is the latest transportation technology which can travel at 2900km/hr which is about 3x the speed of a commercial airliner.
China has really improved by leaps and bounds in engineering technology. No wonder it can complete the carrier construction in 3 years.
http://economictimes.indiatimes.com/news/defence/8000-innovations-added-on-chinas-1st-home-made-aircraft-carrier/articleshow/58417638.cms
Saturday, April 29, 2017
China is increasing its trading with EU by railway.
https://sg.news.yahoo.com/first-direct-london-china-train-completes-12-000-024752742.html
What can I say? Well done! This will definitely help to cushion the economic impacts of Brexit for UK.
What can I say? Well done! This will definitely help to cushion the economic impacts of Brexit for UK.
EU inflation is heating up.
http://finance.yahoo.com/news/european-bonds-slide-core-inflation-102153013.html
Interest rates won't stay low for too low because of increasing inflations. Governments around the globe will definitely increase interest rates. Those who are behind the yield curve will definitely pay a much higher price because their economies will have more knee-jerk reactions due to the magnitude increases.
Therefore, it is a matter of WHEN, not IF that interest rates will rise.
http://sg-stock.blogspot.sg/2017/04/high-interest-rate-environment-is.html
Interest rates won't stay low for too low because of increasing inflations. Governments around the globe will definitely increase interest rates. Those who are behind the yield curve will definitely pay a much higher price because their economies will have more knee-jerk reactions due to the magnitude increases.
Therefore, it is a matter of WHEN, not IF that interest rates will rise.
http://sg-stock.blogspot.sg/2017/04/high-interest-rate-environment-is.html
Baltic dry index - 1109
Today, Friday, April 28 2017, the Baltic Dry Index decreased by 25 points, reaching 1109 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 - 870
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. rose by 13 this week to 870.
A year ago, 420 rigs were active.
Houston oilfield services company Baker Hughes Inc. said Friday that 697 rigs sought oil and 171 explored for natural gas this week. Two were listed as miscellaneous.
Texas added 11 rigs, Oklahoma gained three and Wyoming gained one.
New Mexico lost three rigs.
Alaska, Arkansas, California, Colorado, Kansas, Louisiana, North Dakota, Ohio, Pennsylvania, Utah and West Virginia were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out last May at 404.
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Related stocks: Keppel Corp, Sembcorp Marine & Cosco
Friday, April 28, 2017
China's one-belt-one-road initiatives are increasing trades.
http://en.people.cn/n3/2017/0428/c90000-9209056.html
China has shown that its one-belt-one-road initiatives are beneficial to all trading partners with trading figures in the double digits growth.
Kudos to China for improving world trades.
China has shown that its one-belt-one-road initiatives are beneficial to all trading partners with trading figures in the double digits growth.
Kudos to China for improving world trades.
There won't be any war in Korean peninsula unless China agrees.
http://en.people.cn/n3/2017/0428/c90000-9209089.html
No wonder China and Russia have amassed troops at the borders because China has drawn a red line for US, NK & SK. The troops are not just to manage war refugees at the borders but also to defend NK if US & SK attack it.
No wonder China and Russia have amassed troops at the borders because China has drawn a red line for US, NK & SK. The troops are not just to manage war refugees at the borders but also to defend NK if US & SK attack it.
USA economy is not as resilient as thought.
https://sg.news.yahoo.com/us-growth-hits-3-low-0-7-trumps-132946785.html
US growth is faltering but its contribution is not as huge as China. Therefore, it's more important to monitor China economic growth.
US growth is faltering but its contribution is not as huge as China. Therefore, it's more important to monitor China economic growth.
Conflict of interest between USA & Japan
https://sg.finance.yahoo.com/news/japan-not-concessions-two-way-trade-talks-u-020810258--business.html
USA president and Japan PM are supported by farmers and it's very difficult to back down on either side on agricultural trades because both will lose political powers if they do not protect their own farming industries.
We foresee Japan to be the greater loser as Japan's economic power is nowhere near USA's.
USA president and Japan PM are supported by farmers and it's very difficult to back down on either side on agricultural trades because both will lose political powers if they do not protect their own farming industries.
We foresee Japan to be the greater loser as Japan's economic power is nowhere near USA's.
LOL! Trump is demanding protection fee from South Korea.
https://sg.news.yahoo.com/seoul-rejects-trump-demand-pays-missile-system-042006455.html
Guess what! South Korea is not paying for THAAD and THAAD will be kicked out of SK after the tension subsides in North Korea peninsula.
Nobody will pay for a useless defence system as it cannot defend against low flying rockets.
Guess what! South Korea is not paying for THAAD and THAAD will be kicked out of SK after the tension subsides in North Korea peninsula.
Nobody will pay for a useless defence system as it cannot defend against low flying rockets.
Thursday, April 27, 2017
Something is seriously wrong with Trump's grandeur plan.
http://www.latimes.com/politics/washington/la-na-essential-washington-updates-trump-wants-to-cut-business-rate-to-15-1493215127-htmlstory.html
How is he going to plug the budget deficit that he's creating with all the fiscal spending, military expansion and corporate tax cut? Money doesn't just drop from the sky unless he's planning to print money again.
How can the government continue to finance welfare benefits such as unemployment claims, medicare and so on with lesser tax receipts?
How is he going to plug the budget deficit that he's creating with all the fiscal spending, military expansion and corporate tax cut? Money doesn't just drop from the sky unless he's planning to print money again.
How can the government continue to finance welfare benefits such as unemployment claims, medicare and so on with lesser tax receipts?
SGX is finding increasingly hard to attract companies to list.
https://sg.finance.yahoo.com/news/more-chinese-firms-saying-goodbye-044700267.html
SGX is nothing compared to HKEX as HKEX is 10x bigger than SGX. SGX can only attract mid-size and small companies to come to list on SGX.
When China companies don't come to SG, SG stock valuations will fall because of illiquidity.
SGX is nothing compared to HKEX as HKEX is 10x bigger than SGX. SGX can only attract mid-size and small companies to come to list on SGX.
When China companies don't come to SG, SG stock valuations will fall because of illiquidity.
Tuesday, April 25, 2017
North Korean missiles were made from UK components.
http://www.dailymail.co.uk/news/article-4436180/Why-UK-parts-turning-Korean-missiles.html
UK is trying to exonerate itself from North Korean missiles now like what it did when UK approved export of nerve gas chemical to Syria.
UK is trying to exonerate itself from North Korean missiles now like what it did when UK approved export of nerve gas chemical to Syria.
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