Wednesday, June 28, 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!
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.
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.
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!
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!
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!
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* SME Working Capital Loan (Maximum S$300,000)
* Specialized SME Loan (USD$1m to USD$10m)
* Other commercial loans
Tuesday, June 27, 2017
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?
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?
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.
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.
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.
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.
Monday, June 26, 2017
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.
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.
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!
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.
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.
Saturday, June 24, 2017
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.
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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.
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Related stocks: Keppel Corp, Sembcorp Marine & Cosco.
Friday, June 23, 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.
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.
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