South Korea to mend relationship with China by making some promises.

http://thechronicleherald.ca/world/1515934-skorea-china-move-to-resolve-disputes-and-hold-summit-talks

South Korea has made some promises to mend the relationship with China.

Promise 1: SK will not install additional THAAD.  SK has 6 THAAD systems currently.

Promise 2: SKwill not allow THAAD radar to extend into China's territory to address China security concern.

Promise 3: SKwill not be part of the USA military alliance and will only conduct joint military exercises with the USA.  The original USA's intention was to form a military alliance with Japan and SK to contain China.

SK and China will meet to discuss the promises further during the APEC meeting in Vietnam and officiate them in their bilateral communique.

Singapore stock calls for 1 November 2017

Singapore condemns New York Terror attack for 8 deaths.

http://www.channelnewsasia.com/news/singapore/singapore-strongly-condemns-new-york-terror-attack-mfa-9365098

Singapore is quick to condemn New York Terror attack for 8 deaths but not for Somalia terror attack with more than 358 deaths.  The Somalia terror attack is more severe than NY attack.

A life is a life be it black or white.  We must be fair and impartial to all races.

http://sg-stock.blogspot.sg/2017/10/somalia-worst-terrorist-attack-in.html

Strange light ball appeared in Russian Sky after Putin tested Satan 2.

http://siberiantimes.com/other/others/news/reports-of-spectacular-ufo-signaled-by-a-giant-glowing-ball-lighting-the-sky-in-northern-siberia/

The Russian government tried to brush it off as the trail of the Satan 2 launch but missiles experts claimed that they had not seen such missile trail before.  Therefore, this is definitely an abnormal light ball which cannot be explained.

UFO hit an airliner full of NBA players recently.

Let's face it. No bird would fly at 30,000 feet and there was no blood or feather on the plane after the collision which was abnormal.  The dent looked weird and the pilots also didn't realize or notice any collision in the air which was weird.

Therefore, what could have hit the airliner at 30,000 feet without leaving any traces behind?

Real footage of bird collision with plane below but at lower altitude:

There's some blood stain on the plane after collision unlike the footage above without blood stain.

What a joke! Catalonian leaders are on the run after gaining independence.

https://sg.finance.yahoo.com/news/catalan-separatists-seeking-refuge-belgium-090000868.html

The Catalonian leaders shouldn't have pushed for independence since they knew the consequence of the outcome.  These leaders left Catalan in the lurch after gaining independence and ran away for their own personal safety.  The independence has created ramifications for the society and strained relationships in many families because of different political views.

Calatan is a divisive state now because of irresponsible and irrational leaders.

Singapore stock calls for 31 October 2017

Doggy robot will be on sale in China soon!

It's cool to have a robotic helper to help you to carry things when you do your groceries.

Russia test fired SATAN 2 nuclear warheads missile recently.

Satan 2 nuclear warheads missile can wipe out Texas or UK.

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.

Singapore stock calls for 30 October 2017

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.

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.

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.

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

Singapore stock calls for 27 October 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

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.

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.

http://sg-stock.blogspot.sg/2017/02/china-has-proof-that-its-proclamation.html

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.