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Sunday, March 12, 2017

What can Singapore learn from South Korea?

It is an extremely difficult and delicate balance to saunter the relationships between USA and China especially when these 2 titans are at odds with each other.  Let’s look at the horrendous outcome for South Korea as our learning lesson for the future.

Synopsis:
South Korea tried to improve its economy by getting cozy with China with the intention to get favourable FTA from China but this economic motive angered USA especially when President Park visited China.  In return, USA demanded South Korea to install THAAD to contain China in the name of self-defence against North Korea.  South Korea was able to resist the USA pressure initially but cowered in because USA managed to get a handle on South Korea.  In the end, South Korea was forced to install THAAD to pacify USA.  However, the THAAD installation made China very furious and China retaliated with its economic prowess in staggered stages instead of full force with the hope of dissuading South Korea.  Thereafter, South Korea president ended up being impeached.


The lesson learnt is we cannot follow South Korea’s footstep to get economic benefit from China and yet help USA to contain China.  Nobody likes a snitch or a double-headed snake.  China has shown the world blatantly that it won’t allow itself to be treated like that either.

China has deployed its long phased array radar to monitor South Korea.

China existing long phased array radar has a range of 3000km and its newest one is capable of 5500km range.  China has deployed an existing long phased array radar with 3000km to monitor SK and Japan.

Picture of phased array radar

This kind of radar is capable of tracking multiple objects as small as a golf ball and is also able to jam other radar.

http://www.matthewaid.com/post/87975623676/china-may-be-jamming-new-long-range-surveillance

Saturday, March 11, 2017

China new shipping routes will bypass Singapore.

http://en.people.cn/n3/2017/0310/c90000-9188766.html

China shippers won't be using Singapore as a transition hub even before the operation of Malacca new port.  No wonder our port handling volume is declining.

Baltic dry index - 1086

Today, Friday, March 10 2017, the Baltic Dry Index climbed by 22 points, reaching 1086 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.

US rig count - 768

The number of rigs exploring for oil and natural gas in the U.S. increased by 12 this week to 768.
A year ago, 480 rigs were active.
Houston oilfield services company Baker Hughes Inc. said Friday that 617 rigs sought oil and 151 explored for natural gas this week.
Louisiana increased by five rigs, Colorado and Oklahoma each were up three, Ohio and Wyoming rose by two and California gained one.
Alaska declined by three and New Mexico dropped one.
Arkansas, Kansas, North Dakota, Pennsylvania, Texas, Utah and West Virginia were all unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out last May at 404.
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Related stocks: Keppel Corp, Sembcorp Marine & Cosco.

Friday, March 10, 2017

Singapore stock calls for 10 March 2017


China stealth fighter J20 is officially in service now.

https://sg.news.yahoo.com/chinas-first-stealth-fighter-enters-media-080648703.html

A big thank to USA for stirring troubles in South China Sea, China has to defend itself by expediting the developments of its airplanes.  J20 is in service now!

South Korean President has been impeached!

http://www.cnbc.com/2017/03/09/south-korean-president-park-geun-hye-impeached-after-court-ruling-south-korean-president-park-geun-hye-avoids-impeachment-after-court-ruling.html

She has to leave the office immediately as the court has decided to impeach her.  The deployment of THAAD defence system permanently in South Korea will rest on the next president.

ECB is reducing bond purchases.

http://finance.yahoo.com/news/ecb-further-reduce-bond-purchases-april-ifo-head-092935702--business.html

ECB is reducing bond purchases to contain inflation.  In a nutshell, revising QE will increase interest rate.

EU's interest rate will increase, so will USA's interest rate.  The high interest rate environment is coming.

Wednesday, March 8, 2017

Singapore stock calls for 8 March 2017


Building structure on mars erased by NASA. Why?

NASA cannot allow earthlings to know that we're not alone as this will destroy our social fabric especially our religions.  Therefore, when NASA had spotted something unusual, it would erase it.

South Korea will enter economic downturn in 2017 - Part 4

Lotte has about USD$8.5b investments in China and Lotte is expected to suffer a big chunk of loss in China.  The next to fall will be Samsung as China citizens are boycotting South Korean products.

Furthermore, Foxconn and TSMC are trying to decimate Samsung by combining efforts to buy Toshiba's nand flash business.  Once nand flash business falls into the hands of TSMC & Foxconn, Samsung business will be greatly affected as Apple will no longer use Samsung as its supplier because Apple views Samsung as a competitor.

Tuesday, March 7, 2017

Israel! Please stop your aggression!

https://sg.news.yahoo.com/israeli-minister-us-warned-israel-annexing-west-bank-101039869--politics.html

After getting a UN's censure on Israel, USA had switched side finally.

Singapore stock calls for 7 March 2017


Australia doesn't want to get involved in South China Sea patrol. Why?

http://www.reuters.com/article/us-southchinasea-indonesia-australia-idUSKBN16E0D0

The real reason is that Australia also ignored PCA ruling in favour of East Timor and didn't recognise PCA jurisdiction.  Therefore, it's improper for Australia to continue to support PCA ruling in South China Sea or it would face a backlash.

North Korea fired 4 missiles during US-SK joint military exercise.

http://www.reuters.com/article/us-northkorea-missiles-idUSKBN16C0YU

http://www.bbc.com/news/world-asia-39175704

The US and South Korea started its massive joint military exercise involving 300,000 personnel and latest radars such as X-band and THAAD.  However, North Korea fired 4 missiles during the joint exercise as a sign of protest.  The NK missiles revealed critical flaws in the radars as they were not able to detect the types of NK missiles.  This put to questions about the effectiveness of THAAD defence system because it couldn't detect the types of missiles fired.

When you cannot detect the types of missiles, you cannot intercept them effectively especially for multiple-head missiles because the multiple-head missiles can contain real and dummy warheads.