http://www.vir.com.vn/samsung-requests-tax-exemption-for-recalled-galaxy-note-7-devices.html
Vietnam is producing the note 7 which may explode!
Saturday, October 8, 2016
Baltic dry index - 921
Today, Friday, October 07 2016, the Baltic Dry Index climbed by 6 points, reaching 921 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.
US rig count - 524
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by two this week to 524.
A year ago, 795 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.
Houston oilfield services company Baker Hughes Inc. said Friday that 428 rigs sought oil and 94 explored for natural gas this week. Two were listed as miscellaneous.
Among major oil- and gas-producing states, Oklahoma and Texas gained two rigs each while Alaska, Louisiana and Pennsylvania were up one apiece.
Colorado, New Mexico, Utah and West Virginia each declined by one.
Arkansas, California, Kansas, North Dakota, Ohio and Wyoming were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.
Friday, October 7, 2016
Thursday, October 6, 2016
Singapore tries to woo China tourists!
SG PM always makes anti-China remarks but our STB tries to woo China tourists.
http://www.theedgemarkets.com.sg/sg/article/singapore-woos-chinese-tourists-boost-hospitality-sector
We need to bear in mind that the Chinese are patriotic people and we cannot play this 2-handed games of slapping the China government and pacifying the Chinese people.
http://www.theedgemarkets.com.sg/sg/article/singapore-woos-chinese-tourists-boost-hospitality-sector
We need to bear in mind that the Chinese are patriotic people and we cannot play this 2-handed games of slapping the China government and pacifying the Chinese people.
Russia and USA relationship at record low in recent time!
http://www.bestchinanews.com/International/2385.html
Russia to terminate plutonium agreement with USA.
Russia to terminate plutonium agreement with USA.
Wednesday, October 5, 2016
Poor turnout at Shanghai Disneyland for the golden week holiday in China.
Shanghai Disneyland is the first retail victim of the golden week holiday in China. The visitorship has dropped so much that it takes only an average of about 5-10mins to queue for every activity in Disneyland.
Why is this phenomenon happening so fast when Shanghai Disneyland had just opened a few months ago?
Is the pricing too high? It is a known fact that the price is about 20% cheaper than HK.
Is anti-American sentiment brewing in China that Chinese are avoiding the theme park?
Latest update on ASEAN for South China Sea issue.
https://sg.finance.yahoo.com/video/duterte-obama-hell-061902496.html
USA supporter: Singapore, Vietnam
China supporter: Malaysia, Brunei, Thailand, Myanmar, Cambodia, Laos, Philippines
Indonesia is still a neutral party but I think Indonesia will be on China's side as it won't want to go against the other 2 Muslim countries.
USA supporter: Singapore, Vietnam
China supporter: Malaysia, Brunei, Thailand, Myanmar, Cambodia, Laos, Philippines
Indonesia is still a neutral party but I think Indonesia will be on China's side as it won't want to go against the other 2 Muslim countries.
Tuesday, October 4, 2016
We gave warning on South Korea's economy in august 2016.
http://www.cnbc.com/2016/09/28/hyundais-largest-ever-labor-strike-to-weigh-on-south-korean-economy.html
South Korea's economy will continue to pay the price for letting USA sets up THAAD.
South Korea's economy will continue to pay the price for letting USA sets up THAAD.
Monday, October 3, 2016
Golden week holiday in China will show how China perceives SG.
http://www.bloomberg.com/news/articles/2016-09-29/singapore-s-golden-week-courts-china-tourists-as-retail-falls
SG has started to prepare for the Golden Week holiday in China and is courting China tourists to come to SG. The SG retail result will be an indication how China perceives SG after our PM's anti-china remarks in USA and Japan. If there is a drop in retail sales from China tourists, it will likely indicate that anti-Singapore sentiment has taken root in China, just like what happened in Taiwan.
http://news.asiaone.com/news/singapore/singapore-envoy-refutes-china-report-south-china-sea
This article could be the harbinger for the anti-Singapore sentiment in China.
Recently, China caucus has been advising China communist party not to regard SG as Chinese and should treat SG as a normal sovereign without a Chinese root because SG has been making anti-China remarks. Once this anti-Singapore sentiment starts brewing in China, we cannot turn back the tide and our economy will suffer.
Nonetheless, let's hope for the best and monitor the retail sales figures.
SG has started to prepare for the Golden Week holiday in China and is courting China tourists to come to SG. The SG retail result will be an indication how China perceives SG after our PM's anti-china remarks in USA and Japan. If there is a drop in retail sales from China tourists, it will likely indicate that anti-Singapore sentiment has taken root in China, just like what happened in Taiwan.
http://news.asiaone.com/news/singapore/singapore-envoy-refutes-china-report-south-china-sea
This article could be the harbinger for the anti-Singapore sentiment in China.
Recently, China caucus has been advising China communist party not to regard SG as Chinese and should treat SG as a normal sovereign without a Chinese root because SG has been making anti-China remarks. Once this anti-Singapore sentiment starts brewing in China, we cannot turn back the tide and our economy will suffer.
Nonetheless, let's hope for the best and monitor the retail sales figures.
Saturday, October 1, 2016
Baltic dry index - 875
Today, Friday, September 30 2016, the Baltic Dry Index decreased by 13 points, reaching 875 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.
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.
US rig count - 522
HOUSTON (AP) – The number of rigs exploring for oil and natural gas in the U.S. increased by 11 this week to 522.
A year ago, 809 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.
Houston oilfield services company Baker Hughes Inc. said Friday that 425 rigs sought oil and 96 explored for natural gas this week. One was listed as miscellaneous.
Among major oil- and gas-producing states, New Mexico gained three rigs and North Dakota was up two. Alaska, Arkansas, Colorado, Louisiana, Oklahoma, Pennsylvania and West Virginia increased by one apiece.
Texas declined by one rig.
California, Kansas, Ohio, Utah and Wyoming were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.
SG PM has offended China again! Let's see how China will punish SG.
https://sg.news.yahoo.com/singapore-pm-lee-hsien-loong-053016886.html
Besides asking Japan to stop apologizing for WW2 atrocities, our PM is teaching China how to manage its country with an obnoxious tone. OMG!
Besides asking Japan to stop apologizing for WW2 atrocities, our PM is teaching China how to manage its country with an obnoxious tone. OMG!
Russia and USA are fighting each other in Syria!
USA claimed to bomb Syrian military by accident which was an invalid excuse because the bombing lasted more than an hour.
http://edition.cnn.com/2016/09/17/middleeast/syria-claims-coalition-airstrike-hit-regime-forces/
Russia hit back at USA in the same way.
https://syrianfreepress.wordpress.com/2016/09/21/30-israeli-killed-in-aleppo/
http://edition.cnn.com/2016/09/17/middleeast/syria-claims-coalition-airstrike-hit-regime-forces/
Russia hit back at USA in the same way.
https://syrianfreepress.wordpress.com/2016/09/21/30-israeli-killed-in-aleppo/
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