Russia to ban cryptocurrency trading after China.

https://sg.finance.yahoo.com/news/russian-central-bank-ban-websites-offering-crypto-currencies-084024434--business.html

This will definitely reduce money laundering for Russian.  Cryptocurrencies are mostly used for money laundering instead of proper commercial transactions.  Therefore, it will be a matter of time for cryptocurrencies to implode in the future.

https://www.coindesk.com/ex-imf-economist-kenneth-rogoff-joins-bitcoin-will-collapse-chorus/

Singapore stock calls for 10 October 2017

China won the contract to build MRT in Singapore.

https://sg.news.yahoo.com/china-railway-tunnel-wins-311-million-contract-build-circle-line-6-station-094802082.html

Look like our PM Lee has shown goodwill gesture towards China after visiting China in September 2017.

Is this a prelude to the KL-SG HSR contract to China?  China has not responded to our KL-SG invitation insofar.

http://sg-stock.blogspot.sg/2017/09/why-is-china-so-blase-about-singapore.html

Malaysia to impose S$8 VEP on SG cars.

https://sg.news.yahoo.com/foreign-registered-vehicles-soon-pay-s8-enter-malaysia-084713445.html

This new VEP of S$8 is on top of the 20ringgit imposed on SG cars earlier.

We did state clearly in our previous posting that Malaysia won't be so accommodative towards SG anymore.  Please read our posting below.

http://sg-stock.blogspot.sg/2016/10/malaysia-to-impose-20ringgit-road.html

Sigh! Another big market capitalisation stock will delist from SGX after Genting HK.

http://www.businesstimes.com.sg/companies-markets/global-logistic-gets-sgx-nod-aims-to-be-delisted-by-april-14-2018

GLP will delist next year.  SGX has been losing quite a number of big clients because it is losing its competitiveness due to low liquidity.  Low liquidity stock exchange will not yield a high valuation for a listing company.

SGX always attracts mid-size companies to list on its stock exchange while bigger ones prefer to list on HKEX and US stock exchanges.

Singapore stock calls for 9 October 2017

Indian women was gang raped at gun point in front of her hubby and baby.

http://indiatoday.intoday.in/story/woman-alleges-gangrape-at-gunpoint-muzaffarnagar-uttar-pradesh/1/1063401.html

India is really a rapist paradise.  This is really disgusting!

The UK prepares for war with North Korea.

https://sg.news.yahoo.com/britain-apos-prepares-war-north-031737023.html

Was this the storm that Trump was talking about?

http://sg-stock.blogspot.sg/2017/10/hot-news-trump-calm-before-storm.html

The UK is a close ally of the USA.  Therefore, the UK is privy to any decision from the USA.

This Korean peninsula war won't be a simple war because too many countries are involved.

China, Russia, North Korea, South Korea, Japan, USA and UK will be involved in this Korean war.  OMG!

Turkey and USA are at loggerheads now.

https://sg.news.yahoo.com/us-turkey-mutually-suspend-visa-services-032403342.html

The USA's support for the Turds has got on the Turkey's nerves and also pushes Turkey closer to Russia.

Turkey is a NATO member whereby NATO is controlled by the USA.

Let's see how this will pan out.

Hot news! Trump: "The calm before the storm."

What is the storm?

Is Trump insinuating that he will start the NK war soon?  Stock markets will crash big time because of the NK war!

Maybe he will impose harsher sanctions against Iran which is a bigger threat to the USA than NK.

Let's see.

Iphone 8 batteries swelling problem is real!

https://in.news.yahoo.com/apple-looking-iphone-8-batteries-swelling-044603544.html

More than half a dozen cases reported in Japan, Taiwan, China, Canada & Greece.  This will definitely impact Iphone 8 sales.

Apple shares price will get dicey.

Sigh! The North Korea rocket man may conduct missile test again!

https://sg.news.yahoo.com/north-korea-preparing-long-range-missile-test-ria-044934551.html

This is to retaliate against the USA for the new sanctions against NK.

NK fat boy knows that the USA won't dare to attack NK.  Therefore, he is continuing his missile launching game.

Baltic dry index - 1405

oday, Friday, October 06 2017, the Baltic Dry Index climbed by 23 points, reaching 1405 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. declined by four this week to 936.

That's up from the 524 rigs that were active a year ago.

Houston oilfield services company Baker Hughes said Friday that 748 rigs sought oil and 187 explored for natural gas this week. One was listed as miscellaneous.

Among major oil- and gas-producing states, Oklahoma gained three rigs and Colorado added one.

Texas lost three rigs, Pennsylvania and Wyoming lost two each, and Louisiana shed one rig.

Alaska, Arkansas, California, New Mexico, North Dakota, Ohio, Utah and West Virginia 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 6 October 2017

Please vote on our HSR poll.

We would like to know our readers' response to the KL-SG HSR ticket price.

Please vote on our HSR poll.

KL-SG HSR ticket price will be around $60-$65 for a single trip.

https://www.theedgesingapore.com/one-way-ticket-kl-sg-hsr-could-cost-60-65-iseas

OMG! That's really expensive as a return trip will cost $120-$130 per pax.  I don't think a Singapore family will travel to KL often for leisure purpose because of the high price.

A Singaporean family of 4 will cost around $500.

China has boosted its air power with the 5th generation J-20.

http://fortune.com/2017/09/28/china-chengdu-j-20-stealth-fighter-jet/

The touted J20 is in service now in China air force.  This will boost its air power and will counter the USA F-35 in Japan and South Korea.

Singapore stock calls for 5 October 2017

Singapore stock calls for 4 October 2017