Tuesday, October 31, 2017
Doggy robot will be on sale in China soon!
Russia test fired SATAN 2 nuclear warheads missile recently.
Monday, October 30, 2017
USA has forsaken the Kurds!
https://www.clevelandjewishnews.com/jns/iraqi-kurds-feel-abandoned-by-the-us-as-israel-offers/article_1d433c52-5303-5215-812c-35d2e1290426.html
The Kurds had been staunch supporters of USA actions in the Middle East for over a decade and always responded to the USA's calls for any battles in the Middle East.
However, the USA abandoned the Kurds for its own political interest after using them. The Kurds thought that the USA would support and protect them after the independence referendum because the Kurds fought with their lives in the Middle East alongside the USA.
The USA has been known to be an untrustworthy and unreliable ally but the Kurds take a big leap of faith in the USA and they're suffering the repercussion of this belief. The USA only cares for its own interests and does not care about others. The Kurds have learnt this the hard way with the losses of their lives.
The Kurds had been staunch supporters of USA actions in the Middle East for over a decade and always responded to the USA's calls for any battles in the Middle East.
However, the USA abandoned the Kurds for its own political interest after using them. The Kurds thought that the USA would support and protect them after the independence referendum because the Kurds fought with their lives in the Middle East alongside the USA.
The USA has been known to be an untrustworthy and unreliable ally but the Kurds take a big leap of faith in the USA and they're suffering the repercussion of this belief. The USA only cares for its own interests and does not care about others. The Kurds have learnt this the hard way with the losses of their lives.
China can produce flexible display screens now. Samsung is in trouble!
http://en.people.cn/n3/2017/1030/c90000-9286440.html
China has acquired the technology to mass produce flexible display screens which will give Samsung a run for its money. The prices of AMOLE display will decrease which will benefit consumers but Samsung will take a hit for its AMOLE revenues.
China will definitely ramp up its AMOLE display production to crush Samsung's monopoly.
China has acquired the technology to mass produce flexible display screens which will give Samsung a run for its money. The prices of AMOLE display will decrease which will benefit consumers but Samsung will take a hit for its AMOLE revenues.
China will definitely ramp up its AMOLE display production to crush Samsung's monopoly.
Is SGX being too optimistic or naive in wanting the world's largest IPO?
https://sg.finance.yahoo.com/news/sgx-chief-keeps-eyes-winning-223900206.html
I doubt we can get this Aramco IPO and the CEO is showing his naivety because SGX doesn't have the size and liquidity of other big stock exchanges like NYSE, HKEX and LSE. Low liquidity is often associated with a low valuation.
When Alibaba didn't even want to list on SGX, the world's largest IPO won't come to SGX too. Furthermore, SGX has been losing some big market capitalization companies.
When the top management doesn't know the capital markets well enough, SGX won't be able to go too far in this industry.
I doubt we can get this Aramco IPO and the CEO is showing his naivety because SGX doesn't have the size and liquidity of other big stock exchanges like NYSE, HKEX and LSE. Low liquidity is often associated with a low valuation.
When Alibaba didn't even want to list on SGX, the world's largest IPO won't come to SGX too. Furthermore, SGX has been losing some big market capitalization companies.
When the top management doesn't know the capital markets well enough, SGX won't be able to go too far in this industry.
Saturday, October 28, 2017
Hot news! Catalonia has declared independence!
https://finance.yahoo.com/news/gold-steady-dollar-gains-versus-012826415.html
Catalonia has declared independence and is officially separated from Spain now. Spain's economy will drop by 20% immediately after the separation. Spain is definitely weaker now than before and this phenomenon may spread to other European countries by encouraging other states to obtain autonomy or independence.
Europe may get ramified and become weaker.
Catalonia has declared independence and is officially separated from Spain now. Spain's economy will drop by 20% immediately after the separation. Spain is definitely weaker now than before and this phenomenon may spread to other European countries by encouraging other states to obtain autonomy or independence.
Europe may get ramified and become weaker.
Baltic dry index - 1546
Today, Friday, October 27 2017, the Baltic Dry Index decreased by 9 points, reaching 1546 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 - 909
HOUSTON (AP) - The number of rigs exploring for oil and natural gas in the U.S. declined by four this week to 909.
That's up from the 557 rigs that were active a year ago.
Houston oilfield services company Baker Hughes said Friday that 737 rigs sought oil and 172 explored for natural gas this week.
Among major oil- and gas-producing states, Texas gained five rigs and Oklahoma and Wyoming each increased by one.
Louisiana lost three rigs, North Dakota and West Virginia each declined by two and Alaska, Colorado, Kansas, New Mexico and Pennsylvania each lost one.
Arkansas, California, Ohio and Utah 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, October 27, 2017
ECB will cut bond purchases to $30B in Jan 2018.
https://finance.yahoo.com/news/ecb-curb-bond-buying-first-091109975.html
The ECB will purchase fewer bonds than previously stated. The ECB will only purchase 30B bonds instead of 40B bonds in Jan 2018.
Interest rates are definitely rising fast in EU and the USA in 2018.
https://sg-stock.blogspot.sg/2017/10/ecb-will-start-qe-tapering-in-jan-2018.html
Please read our previous posting on interest-rate rising environment.
http://sg-stock.blogspot.sg/2017/03/what-stocks-to-buy-in-interest-rate.html
The ECB will purchase fewer bonds than previously stated. The ECB will only purchase 30B bonds instead of 40B bonds in Jan 2018.
Interest rates are definitely rising fast in EU and the USA in 2018.
https://sg-stock.blogspot.sg/2017/10/ecb-will-start-qe-tapering-in-jan-2018.html
Please read our previous posting on interest-rate rising environment.
http://sg-stock.blogspot.sg/2017/03/what-stocks-to-buy-in-interest-rate.html
Singapore will be issuing its own cryptocurrency after Russia.
https://www.cnbc.com/2017/10/26/singapore-cryptocurrency-blockchain-trial.html?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=104798494&yptr=yahoo
Just like Russia, Singapore will be issuing its own cryptocurrency which cannot be mined by others.
The demise of bitcoin is coming sooner than thought as ordinary people will move over to the official cryptocurrency, leaving the criminals to use bitcoins.
Just like Russia, Singapore will be issuing its own cryptocurrency which cannot be mined by others.
The demise of bitcoin is coming sooner than thought as ordinary people will move over to the official cryptocurrency, leaving the criminals to use bitcoins.
The USA is doomed to fail in its Asia pivot or rebalancing strategy.
It’s getting harder for the USA to implement the Asia pivot or rebalance strategy now compared to a decade ago.
Why?
This is because China has helped Asian countries to boost their economies and made them prosper with better economic integrations with China. Consequently, China has become the top trading partner of many Asian countries and China is importing a lot of Asian goods. This is something the USA cannot do because the USA wants to export goods and services to Asia.
It will be difficult for the USA to grow its influences in Asia nowadays because the USA cannot replace China’s importance in Asia now. Furthermore, China is building many infrastructures under the BRI in Asia whereas the USA cannot afford to build anything for Asia. Although the USA has been embarking on smearing and fear-mongering campaigns against China, it has been unsuccessful to persuade Asian countries to contain China’s influences.
Asians are mostly peace-loving people except for North Korea, Japan and Vietnam. Therefore, most Asians just want to lead a peaceful and prosperous life which China is promoting.
The USA had been proclaiming the excessive China's claims in South China Sea but it was the USA navy that accompanied China to reclaim those islands in South China Sea after WW2.
China's 9 dashes for South China Sea had been around since 1947. Up till now, about 70 years later, the USA or its supporters cannot cite any incident of China navy or coast guard stopping any commercial vessel from sailing in South China Sea. Therefore, there is no basis for freedom of navigation because there is already freedom of navigation in South China Sea. The evidence is definitely in China's favour. If we just look at the evidence, we know who the troublemaker (USA) is in Asia.
We strive to be objective but we just cannot find a shred of evidence to support the USA's allegation and claim. As we conduct more researches, we find the USA more despicable.
Thursday, October 26, 2017
US Treasury yields had been rising for the past 2 weeks.
Dangers will be lurking when the 10-year yield reaches 3% and the stock markets will react very negatively.
Wednesday, October 25, 2017
Apple has chosen TSMC as its sole manufacturer for the A12 chips.
http://www.idownloadblog.com/2017/09/29/tsmc-starts-development-apple-a12-chips-iphone-2018/
Apple has chosen TSMC as its sole manufacturer for the A12 chips leaving Samsung out of the game.
However, Samsung will compete with TSMC for the A13 chips.
https://www.fool.com/investing/2017/10/24/apple-could-split-a13-chip-orders-between-2-chip-g.aspx
Apple has chosen TSMC as its sole manufacturer for the A12 chips leaving Samsung out of the game.
However, Samsung will compete with TSMC for the A13 chips.
https://www.fool.com/investing/2017/10/24/apple-could-split-a13-chip-orders-between-2-chip-g.aspx
Great news! Singapore passport is the most powerful in the world now.
https://sg.news.yahoo.com/singapore-now-powerful-passport-world-index-013119189.html
What does this mean?
Basically, it just means that we can go to many countries without applying for VISAs.
That's about it. Don't expect other fringe benefits to be attached to SG passport. We still need to go through the same custom checks like other passports unless you are holding a diplomatic passport.
What does this mean?
Basically, it just means that we can go to many countries without applying for VISAs.
That's about it. Don't expect other fringe benefits to be attached to SG passport. We still need to go through the same custom checks like other passports unless you are holding a diplomatic passport.
China newest politburo standing committee names!
https://sg.finance.yahoo.com/news/meet-men-charge-china-apos-035300501.html
The 7 most powerful men in China are announced after the closure of the 19th party congress.
The 7 most powerful men in China are announced after the closure of the 19th party congress.
Saudi Arabia doesn't believe in bitcoin too.
http://www.marketwatch.com/story/bitcoin-is-enron-in-the-making-saudi-prince-alwaleed-2017-10-23?siteid=yhoof2&yptr=yahoo
Saudi Arabia prince also believes that bitcoin will implode one day. This means that Saudi Arabia won't adopt and legalize bitcoin trading because it doesn't want its citizens to be affected by bitcoin implosion. We can also infer that the Middle East won't legalize bitcoin too.
Saudi Arabia prince also believes that bitcoin will implode one day. This means that Saudi Arabia won't adopt and legalize bitcoin trading because it doesn't want its citizens to be affected by bitcoin implosion. We can also infer that the Middle East won't legalize bitcoin too.
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