https://sg.news.yahoo.com/nuclear-war-may-break-time-warns-north-korea-042811050.html
I hope there won't be a nuclear war in Asia as this will cause devastations.
The USA softens its stance after NK warning which is a good news for Asia.
https://sg.news.yahoo.com/u-not-ruling-eventual-direct-talks-north-korea-024603566.html
Tuesday, October 17, 2017
Bitcoin fanatics: Dumbest thing on wall street.
https://www.thestreet.com/story/14340563/1/dumbest-thing-on-wall-street-bitcoin.html
Bitcoin fanatics really don't know what they're saying.
They try to use the Wi-Fi analogy to say that Bitcoin is as useful as Wi-Fi but Bitcoin is not Wi-Fi. Wi-Fi is a technology but bitcoin is a derivative of a technology. The technology behind Bitcoin is Blockchain, an open digital ledger.
One of the derivatives of Wi-Fi is wireless files transfer. Therefore, Bitcoin is just like a wireless files transfer if we want to make a compatible comparison. We use wifi everyday but not wireless files transfer. Therefore, bitcoin is not as important and useful as what the fanatics portend it to be. It is the blockchain technology that we're interested in, not bitcoin.
Anyway, Wi-Fi is already outdated because there is Li-Fi now.
It's time for the fanatics to wake up from their dreams.
Bitcoin fanatics really don't know what they're saying.
They try to use the Wi-Fi analogy to say that Bitcoin is as useful as Wi-Fi but Bitcoin is not Wi-Fi. Wi-Fi is a technology but bitcoin is a derivative of a technology. The technology behind Bitcoin is Blockchain, an open digital ledger.
One of the derivatives of Wi-Fi is wireless files transfer. Therefore, Bitcoin is just like a wireless files transfer if we want to make a compatible comparison. We use wifi everyday but not wireless files transfer. Therefore, bitcoin is not as important and useful as what the fanatics portend it to be. It is the blockchain technology that we're interested in, not bitcoin.
Anyway, Wi-Fi is already outdated because there is Li-Fi now.
It's time for the fanatics to wake up from their dreams.
China won't be using normal MRTs in the future.
Singapore non-oil domestic exports (NODX) - Part 6
Singapore NODX decreased 1.1% in September YOY.
Year on year changes:
Year on year changes:
September 2017: -1.1%
August 2017: 16.7%
July 2017: 8.5%
June 2017: 8.2%
May 2017: -1.2%
Apr 2017: -0.7%
Mar 2017: 16.5%
Feb 2017: 21.1%
Jan 2017: 8.6%
Dec 2016: 9.1%
Nov 2016: 15.6%
May 2017: -1.2%
Apr 2017: -0.7%
Mar 2017: 16.5%
Feb 2017: 21.1%
Jan 2017: 8.6%
Dec 2016: 9.1%
Nov 2016: 15.6%
Somalia worst terrorist attack in decades.
https://www.theguardian.com/world/2017/oct/15/truck-bomb-mogadishu-kills-people-somalia
A truck bomb had just killed more than 300 people in Somalia last Saturday but not many news media reported it.
Whether the victims are black, white, yellow or brown, we must express abhorrence towards such terrorism of killing innocent lives.
A truck bomb had just killed more than 300 people in Somalia last Saturday but not many news media reported it.
Whether the victims are black, white, yellow or brown, we must express abhorrence towards such terrorism of killing innocent lives.
Monday, October 16, 2017
Our PM Lee still thinks that the Tuas mega port will boost Singapore as a maritime hub!
http://www.businesstimes.com.sg/transport/tuas-mega-port-will-boost-singapore-as-a-maritime-hub-pm-lee
Our PM Lee negates the Melaka Gateway impacts on SG port and also disregards the China port alliance which bypasses SG.
China also took over the Gwadar port in Pakistan from SG and this would definitely impact SG. We fought so hard to get the Gwadar port under SG control because it was strategically located.
http://sg-stock.blogspot.sg/2016/10/singapore-was-no-match-for-china-in.html
All these are omitted from PM Lee's speech. Therefore, I would DISAGREE totally with his analysis.
Our PM Lee negates the Melaka Gateway impacts on SG port and also disregards the China port alliance which bypasses SG.
China also took over the Gwadar port in Pakistan from SG and this would definitely impact SG. We fought so hard to get the Gwadar port under SG control because it was strategically located.
http://sg-stock.blogspot.sg/2016/10/singapore-was-no-match-for-china-in.html
All these are omitted from PM Lee's speech. Therefore, I would DISAGREE totally with his analysis.
New downturn MRT open house encountered service disruptions.
http://www.todayonline.com/singapore/train-delay-blights-downtown-line-open-house
We cannot even make our MRT work properly nowadays!
The top management always blames the lower ranked employees for not doing the job well.
If you've been living in China, you will know that China MRTs carry more people than SG but they won't break down like our MRTs.
How can we expect to have a proper working KL-SG HSR?
We cannot even make our MRT work properly nowadays!
The top management always blames the lower ranked employees for not doing the job well.
If you've been living in China, you will know that China MRTs carry more people than SG but they won't break down like our MRTs.
How can we expect to have a proper working KL-SG HSR?
North Korea and South Korea won't hold talks in Russia.
https://sg.finance.yahoo.com/news/north-korea-not-ready-hold-talks-south-korea-092549896.html
It is not surprising that NK is unwilling to talk to SK. We did state the reason for this impasse in our previous posting below.
https://sg-stock.blogspot.sg/2017/09/south-korea-seeks-russias-help-to.html
It is not surprising that NK is unwilling to talk to SK. We did state the reason for this impasse in our previous posting below.
https://sg-stock.blogspot.sg/2017/09/south-korea-seeks-russias-help-to.html
Global inflation is coming because China PPI is spiking!
https://sg.finance.yahoo.com/news/china-september-producer-prices-jump-most-six-months-023245562--finance.html
China PPI rose 6.9% in September year-on-year! It is only a matter of time that China will export inflation to the world. Therefore, it is right for FED to raise interest rate in December.
China PPI rose 6.9% in September year-on-year! It is only a matter of time that China will export inflation to the world. Therefore, it is right for FED to raise interest rate in December.
China's economy is powering ahead with an estimate of 7% in H2.
https://sg.finance.yahoo.com/news/chinas-pboc-chief-sees-7-percent-gdp-growth-034417545--business.html
It's nice to see China powering ahead with good economic growth because China is our largest trading partner. SG can just ride on China's prosperity and prosper together.
Cheers!
It's nice to see China powering ahead with good economic growth because China is our largest trading partner. SG can just ride on China's prosperity and prosper together.
Cheers!
Saturday, October 14, 2017
OMG! Apple Iphones may be banned in China!
https://www.theverge.com/2017/10/13/16472908/qualcomm-iphone-sales-ban-lawsuit-china
Qualcomm has applied to a China court to ban Iphones in China. If this injunction gets passed, Apple stock prices will crash because China is Apple's largest market outside the USA.
Qualcomm has applied to a China court to ban Iphones in China. If this injunction gets passed, Apple stock prices will crash because China is Apple's largest market outside the USA.
Bitcoin trading analysis!
Why was there a rumour that China would resume bitcoin trading soon?
http://sg-stock.blogspot.sg/2017/10/bitcoin-soars-to-all-time-high.html
The reason is simple: The Japanese investors are trying to cash out by making the bitcoin prices spike higher.
If you look at the historical events in bitcoin trading, you would realize that the USA started trading bitcoins at less than $1000. Thereafter, the Chinese traded bitcoins at $1000+ and cashed out at $4000+ because of China regulations. Then, Japan legalized bitcoin trading and the Japanese traded bitcoins at around $4000+. Therefore, the Japanese investors have to make the bitcoins trade higher so that they can cash out. This is akin to the passing of the baton game and the last guy who holds the baton will get the penalty.
http://sg-stock.blogspot.sg/2017/10/bitcoin-soars-to-all-time-high.html
The reason is simple: The Japanese investors are trying to cash out by making the bitcoin prices spike higher.
If you look at the historical events in bitcoin trading, you would realize that the USA started trading bitcoins at less than $1000. Thereafter, the Chinese traded bitcoins at $1000+ and cashed out at $4000+ because of China regulations. Then, Japan legalized bitcoin trading and the Japanese traded bitcoins at around $4000+. Therefore, the Japanese investors have to make the bitcoins trade higher so that they can cash out. This is akin to the passing of the baton game and the last guy who holds the baton will get the penalty.
Baltic dry index - 1485
Today, Friday, October 13 2017, the Baltic Dry Index climbed by 27 points, reaching 1485 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.
===========================
Related stocks: Sembcorp Marine, Cosco & Pan Ocean.
US rig count - 928
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. declined by eight this week to 928.
That's up from the 539 rigs that were active a year ago.
Houston oilfield services company Baker Hughes said Friday that 743 rigs sought oil and 185 explored for natural gas this week.
Among major oil- and gas-producing states, Alaska, Kansas, North Dakota and Pennsylvania each gained one rig.
Texas lost four rigs, Oklahoma declined by three, California lost two and Louisiana and West Virginia each declined by one.
Arkansas, Colorado, New Mexico, Ohio, 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.
=============================
Related stocks: Keppel Corp, Sembcorp Marine & Cosco.
Friday, October 13, 2017
The troublemaker, USA, lost the war in Syria to Russia.
http://www.newsweek.com/us-lost-war-syria-iran-russia-winning-final-battle-674833
Who and what started the war in Syria in the first place?
The USA was the one who created the war in Syria by trying to topple the Syrian government. Then, it roped the UK into the tussle against Syria to gain a stronger foothold. The USA & UK were trying to control the Middle East by establishing more proxies but the Russian thwarted the plan. In the end, it was the Russian who managed to gain control of Syria. The USA and UK can no longer decide on Syria today because of the Russian's intervention.
In a nutshell, the USA, UK and Russia are the countries that created the mess in Syria for their own political interests.
China knew exactly what was going on in Syria and censured the UK in the UN. The UK couldn't rebut China because it was guilty as charged.
http://www.china-un.org/eng/hyyfy/t1452588.htm
Quote:
"Lastly, I should like to point out once again that it is totally unacceptable for the British representative to publicly distort the solemn position of another country in the Council Chamber. His logic is untenable. We hope that, on the issue of chemical weapons, on which the international community is in consensus, he will stop using the Security Council in an abusive manner for his own political purposes, as that is not in the interest of the Syrian people, and that, in the future, the British representative will refrain from such practices."
End Quote.
Who and what started the war in Syria in the first place?
The USA was the one who created the war in Syria by trying to topple the Syrian government. Then, it roped the UK into the tussle against Syria to gain a stronger foothold. The USA & UK were trying to control the Middle East by establishing more proxies but the Russian thwarted the plan. In the end, it was the Russian who managed to gain control of Syria. The USA and UK can no longer decide on Syria today because of the Russian's intervention.
In a nutshell, the USA, UK and Russia are the countries that created the mess in Syria for their own political interests.
China knew exactly what was going on in Syria and censured the UK in the UN. The UK couldn't rebut China because it was guilty as charged.
http://www.china-un.org/eng/hyyfy/t1452588.htm
Quote:
"Lastly, I should like to point out once again that it is totally unacceptable for the British representative to publicly distort the solemn position of another country in the Council Chamber. His logic is untenable. We hope that, on the issue of chemical weapons, on which the international community is in consensus, he will stop using the Security Council in an abusive manner for his own political purposes, as that is not in the interest of the Syrian people, and that, in the future, the British representative will refrain from such practices."
End Quote.
ECB is concerned about cryptocurrency and may take action against it.
https://uk.reuters.com/article/us-eu-bitcoin-mersch/ecb-concerned-virtual-currencies-may-not-be-sufficiently-guaranteed-idUKKBN1CI13V
China, South Korea and Russia have taken actions against cryptocurrency. Europe will be joining the foray against cryptocurrency soon.
China, South Korea and Russia have taken actions against cryptocurrency. Europe will be joining the foray against cryptocurrency soon.
SPH is shutting down Asiaone website.
https://sg.news.yahoo.com/sph-news-aggregator-site-asiaone-close-090754309.html
SPH doesn't know how to grow its web media business despite having a complete monopoly in Singapore. Therefore, it is resorting to cutting manpower, closing down money-losing operation and venturing into the property business.
When SPH is ranked no. 151 out of 180 in the world press freedom ranking in 2017, it is hard to impose a subscription on readers as readers can read better quality news online for free.
https://rsf.org/en/ranking
SPH doesn't know how to grow its web media business despite having a complete monopoly in Singapore. Therefore, it is resorting to cutting manpower, closing down money-losing operation and venturing into the property business.
When SPH is ranked no. 151 out of 180 in the world press freedom ranking in 2017, it is hard to impose a subscription on readers as readers can read better quality news online for free.
https://rsf.org/en/ranking
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