President Halimah is here to divide or unite Singaporeans?

http://www.reuters.com/article/us-singapore-protest/singaporeans-protest-against-uncontested-presidential-election-idUSKCN1BR0I3?il=0

It's sad to see that Singaporeans protest against our Malay reserved President.  This shows that she doesn't have the mandate of the people and has become a controversial president.

However, this was what 70% of Singaporeans wanted in the last GE.  Singaporeans wanted to have a one-party system and this was the repercussion we needed to accept.

We have to repent and accept the inevitable outcome.

http://sg-stock.blogspot.sg/2017/09/halimah-yacob-has-become-most.html

Typhoon Talim has landed in Japan

Baltic dry index - 1385

Today, Friday, September 15 2017, the Baltic Dry Index climbed by 24 points, reaching 1385 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 - 936

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. fell by eight this week to 936.

That's up from the 506 rigs that were active a year ago.

Houston oilfield services company Baker Hughes said Friday that 749 rigs sought oil and 186 explored for natural gas this week. One was listed as miscellaneous.

Among major oil- and gas-producing states, West Virginia added one rig.

Louisiana and Texas each lost three rigs. Colorado, New Mexico and North Dakota each shed one.

Alaska, California, Ohio, Oklahoma, Pennsylvania, Utah 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

Singapore stock calls for 15 September 2017

It's official! China has ordered bitcoin exchanges to shut down.

https://finance.yahoo.com/news/reports-china-orders-bitcoin-exchanges-103642560.html

One of the biggest bitcoin exchanges BTC will shut on 30 September 2017.

https://sg-stock.blogspot.sg/2017/09/china-has-made-decision-to-shut-down.html

https://www.cnbc.com/2017/09/14/bitcoin-is-dropping-right-now-after-a-big-chinese-exchange-said-it-is-closing.html

China plans to cut oil demand by 10% in 2020.

https://www.reuters.com/article/us-china-biofuels/china-sets-2020-target-for-nationwide-ethanol-use-to-cut-corn-stocks-idUSKCN1BO03R

China will impose ethanol use to reduce oil demand in 2020.  This will definitely impact the oil and corn prices in the future.  However, this will be a good news for the environment.

North Korea has fired another missile today.

https://www.cnbc.com/2017/09/14/asia-markets-focus-on-north-korea-yen-gold-fed-boe.html?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=104711087&yptr=yahoo

Japan and South Korea do not dare to intercept the NK missile with THAAD and SM-3 missile systems.

Why?

This is because intercepting the NK missile is a lose-lose situation.

If the interception fails, this will bring shame to the USA and nobody will trust the USA defence system anymore.  If it succeeds, the NK will be angry and do more nuclear testing.

Therefore, Japan and SK can only watch the NK missile launch without doing anything.

Singapore stock calls for 14 September 2017

A satire video about our political situation.

Just watch it for fun and have a good laugh at ourselves.

Source: https://www.facebook.com/wenkai31/videos/10214156855826060/

Iphone X, Iphone 8 and Iphone 8 plus have no WOW factor anymore!

Are you disappointed in the latest Iphones?

All the features on the latest Iphones have already been implemented on other brands.  Facial recognition, big screen and wireless charging on Samsung and other China brands.

The only WOW factor is the price.

Please vote on our poll to indicate your interest for the latest Iphones.

South Korea has slapped its own face by admitting that SM-3 is better than THAAD.

http://en.people.cn/n3/2017/0913/c90000-9268579.html

If SK understood that SM-3 had better performance than THAAD, then it shouldn't install THAAD in the first place and irked China & Russia.

Why did SK install SM-3 after THAAD? It's pretty obvious that THAAD was useless against NK because the motive for THAAD was to help the USA to monitor China & Russia using the THAAD radar.

Typhoon Talim will landfall over Japan!

https://watchers.news/2017/09/12/typhoon-talim-forecast-track-landfall-japan/

Typhoon Talim alert for Japan and may hit Tokyo!

Singapore stock calls for 13 September 2017

USA debt has crossed USD$20t!

http://www.marketwatch.com/story/heres-how-the-us-got-to-20-trillion-in-debt-2017-03-30

Fighting wars, big tax cuts and economic stimulus packages have all added to the debt burden

Raising the debt limit is the only way out for the USA in December 2017.  If not, the government has to shut down in December as there's no money to be spent anymore.

How will the government get the money for its spending? Look like printing money is the only way out for Trump as he wants to implement fiscal spending to boost the economy but still want tax cuts simultaneously. Increasing the money supply will definitely devalue the currency.  OK, we have the outcome for the USD in the future now.

Wow! China will be researching on quantum navigation system for its submarines.

http://en.people.cn/n3/2017/0913/c90000-9268415.html

Wow!  China is really developing its quantum understanding in all spectrum of technologies.

Quantum satellite
Quantum radar
Quantum communication network
Quantum computer
Quantum navigation system

This is really amazing!

Turkey has defected from NATO.

https://sg.finance.yahoo.com/news/turkey-signs-deal-buy-russian-400-missile-systems-081502133.html

Turkey, a NATO member, has defected and purchased Russian S400 missile system.  Turkey is the first NATO member to purchase from Russia as NATO is supposed to contain and ward off Russia.

Singapore stock calls for 12 September 2017

U.N. approves watered-down new sanctions against North Korea.

http://www.chicagotribune.com/news/nationworld/ct-north-korea-sanctions-20170911-story.html

The USA had relented. Either the sanctions won't get passed or only the watered-down sanctions would be approved.  The USA couldn't do anything without getting approval from China in the UN.

We're right to say that the USA won't get what it wanted in the UN vote.

http://sg-stock.blogspot.sg/2017/09/us-wont-get-what-it-wants-in-un-vote-on.html

Toys R Us may be bankrupt soon!

https://www.cnbc.com/2017/09/06/toys-r-us-weighs-possible-bankruptcy-filing.html

New game cultures have developed with electronics and traditional toys makers have problems adapting to the paradigm shift.

Lego is also having some problems adapting to the new game culture.

https://www.aol.com/article/finance/2017/09/05/lego-to-cut-1400-jobs-as-decade-long-sales-drop/23197473/