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Monday, July 3, 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.

Saturday, July 1, 2017

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.
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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.
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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.

Friday, June 30, 2017

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.

Thursday, June 29, 2017

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.

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.