Related stock: Sembcorp Marine, Cosco & Pan ocean.
Saturday, November 21, 2020
Flight alert: Singapore must ban India flights after suspending SG-HK flights for 2 weeks.
Singapore must ban India flights now because India is exporting covid to other countries!
HK has banned India flights till 3 Dec 2020 and SG must do the same or else our import cases will keep rising.
Trump is embarking on a self-preservation journey to exonerate himself.
What did Trump do?
https://sg.finance.yahoo.com/news/trump-strips-us-fed-emergency-132252747.html
Trump is upping his petulant ante to force President-elect Joe to exonerate him from any criminal offence after leaving the President post.
As we can see, Trump is willing to cause more deaths and wreck the US economy just to achieve his personal agenda.
Why is Trump doing these?
Trump understands very well that the US is a dealmaking country and its judiciary system allows the prosecutor to negotiate and strike a deal with the defendant over a conviction. Trump is a dealmaker and he will do whatever it takes to exonerate himself.
Friday, November 20, 2020
China is gradually moving away from USD.
China has been reducing its US treasuries and diversifying its investments.
China is also raising its funds in euros instead of USD.
https://finance.yahoo.com/news/china-set-sell-first-negative-020645206.html
China is also buying more Japanese bonds nowadays.
https://asia.nikkei.com/Economy/China-triples-Japan-government-bond-purchases2
As China is a big investor, the US will find it harder to raise debts and it will have to increase its interest rates to attract other buyers. However, foreign buyers are also shrinking and the US FED has to pick up the tab.
The US will become like Japan whereby the government will own the majority of its own debts if this phenomenon continues unabated because this is the only way to keep interest rates low to boost economic growth.
OMG! Singapore is trying to divide ASEAN now to show its support for the US. - Part 2
https://www.thestar.com.my/aseanplus/aseanplus-news/2020/11/19/pm-lee-all-want-to-work--with-china
PM Lee had given our ex-diplomat a tight slap on his face by stating clearly that excluding China was not workable.
http://sg-stock.blogspot.com/2020/10/omg-singapore-is-trying-to-divide-asean.html
Travel alert: HK's fourth wave has started!
https://sg.news.yahoo.com/hong-kong-facing-12-cases-041934229.html
Good luck to those people who had bought the tickets recently to fly to HK by using the SG-HK travel bubble scheme.
It is still unsafe to travel overseas because of the new virus strain that is spreading around the globe.
The HK top infectious disease experts have urged the HK government to take urgent action and this means that the situation is very dire in HK.
Thursday, November 19, 2020
Wednesday, November 18, 2020
Tuesday, November 17, 2020
Singapore Nodx declined 3.1% in October 2020.
Year on year changes (YOY):
October 2020: -3.1%
September 2020: 5.9%
August 2020: 7.7%
July 2020: 6%
June 2020: 16.1% (Revised to 13.9%)
May 2020: -4.6%
April 2020: 9.7%
March 2020: 17.6%
February 2020: 3% (Revised to 3.1%)
January 2020: - 3.3%
December 2019: 2.4%
November 2019: - 5.9%
October 2019: - 12.3%
September 2019: -8.1%
August 2019: - 8.9%
July 2019: -11.2%
June 2019: -17.3%
May 2019: -15.9%
April 2019: -10%
March 2019: -11.7%
February 2019: 4.9%
January 2019: -10.1%
December 2018: -8.5%
November 2018: -2.6%
October 2018: 8.3%
September 2018: 8.3%
August 2018: 5%
July 2018: 11.8% (Corrected)
June 2018: 1.1%
May 2018: 15.5%
April 2018: 11.8%
March 2018: -2.7%
February 2018: -5.9%
January 2018: 13%
December 2017: 3.1%
November 2017: 9.1%
October 2017: 20.9%
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%
May 2017: -1.2%
Apr 2017: -0.7%
Mar 2017: 16.5%
Feb 2017: 21.1%
Jan 2017: 8.6%
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