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Monday, September 4, 2017

North Korea has conducted a nuclear test on Sunday!

https://sg.news.yahoo.com/north-korea-explosion-points-nuclear-test-043842707.html?hl=1&noRedirect=1

This nuclear test is a retaliation against the latest USA sanction.  NK had previously stated clearly that it would retaliate and it did with a nuclear test.

A nuclear test is a breach of the red line drafted by the USA especially Trump.  This nuclear test is to challenge Trump on his previous conviction to attack NK if a nuclear test was conducted.

If Trump doesn't keep to his word to attack NK for the nuclear test, then the USA will lose its credibility and it will be difficult to trust the USA on its future endeavours.

China and Russia had stated that the new sanctions would escalate the tension.  Indeed, it really happened with a nuclear test.

http://sg-stock.blogspot.sg/2017/09/china-and-russia-have-stated-that-new.html

North Korea won't give up its nuclear program because it doesn't trust the USA due to USA bad records of reneging on its promises.  NK has learnt a great deal from the historical events in the middle east.  The USA would only attack countries who gave up on nuclear programs or without nuclear weapons.

Let's see how Trump will respond to this latest nuclear test.

Saturday, September 2, 2017

Diplomatic fight between Russia & USA.

http://en.people.cn/n3/2017/0901/c90000-9263462.html

Russia will retaliate with its might against the forced closure of its consulate in San Francisco.

The USA is creating troubles everywhere.....Middle East, Russia, Korea, South China Sea, etc.

Baltic dry index - 1183

Today, Friday, September 01 2017, the Baltic Dry Index decreased by 1 point, reaching 1183 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 - 943

HOUSTON — The number of rigs exploring for oil and natural gas in the U.S. increased by three this week to 943.
A year ago, just 497 rigs were active.
Houston oilfield services company Baker Hughes said Friday that 759 rigs sought oil and 183 explored for natural gas this week. One was listed as miscellaneous.
Among major oil- and gas-producing states, New Mexico added three rigs. Alaska gained two and Pennsylvania one.
Texas and Wyoming each lost a rig.
Arkansas, California, Colorado, Louisiana, North Dakota, Ohio, Oklahoma, Utah and West Virginia were all 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, September 1, 2017

China and Russia have stated that new sanctions against North Korea will only escalate the tension.

http://www.cetusnews.com/news/Russia-warns-new-US-sanctions-against-North-Korea-may-prove-DANGEROUS-amid-WW3-fears.Syg1ITI8KZ.html

http://en.people.cn/n3/2017/0831/c90000-9262971.html

A Korean peninsula war will break out if the tension continues to rise and more sanctions will not help to solve the problems.

Asia will suffer tremendously if we allow this war to break out and the USA will suffer the least as it is so far away.  The direct victims will be South Korea and Japan and indirect victims will be China & Russia.

I hope Singapore won't support the USA in this case.

OMG! 1,000km/hr is not fast enough for China. China wants to develop a supersonic transportation.

http://en.people.cn/n3/2017/0831/c90000-9262936.html

What is considered fast enough for China transportation need? 1,000km/hr? Nope, a hyperloop train is not fast enough.  China wants to travel at 4,000km/hr!

I'm really green with envy looking at China's developments.  Singapore will become a low-technology country when compared to China in the future because we only have HSR that is travelling at around 300km/hr.

Europe will start its QE tapering in October and shut down QE by 2018.

https://sg.finance.yahoo.com/news/reuters-poll-ecb-announce-qe-054929478.html

No more cheap money soon!

Let's see when the USA will start its own QE tapering.

Japan is trying to start the korean peninsula war. Why?

https://www.reuters.com/article/us-northkorea-missiles-un-japan/japan-pushes-u-s-to-propose-new-u-n-sanctions-on-north-korea-idUSKCN1BA24A

Japan should realize that NK would attack its neighbours for the oil embargo because Japan also attacked other countries during WW2 for oil.  NK will definitely attack SK and Japan for the oil embargo because of survival.  The oil embargo will leave NK with no choice but to start the war first.

UN has to consider this carefully and I hope that Russia and China will veto Japan's proposition for the sake of peace.

Top honchos are leaving Noble Group.

https://finance.yahoo.com/news/noble-groups-treasury-head-quits-155409472.html

When top honchos are leaving Noble Group, this kind of departure means that Noble is becoming unsustainable and they don't want to be part of the company's failure in the future.  These top honchos just wanna protect their own reputations.

Wednesday, August 30, 2017

Singapore stock calls for 30 August 2017


PM Lee didn't offer to help China but offer to help USA.

http://www.asiaone.com/singapore/trump-accepts-pm-lees-offer-helicopters-relief-efforts-storm-torn-texas

No wonder SG is part of China's anti-dumping probe.

No wonder China no longer trusts SG.

OMG! Singapore is part of China's anti-dumping probe!

https://sg.finance.yahoo.com/news/china-launches-anti-dumping-probe-012226436.html

See! We already stated on numerous occasions that China didn't regard SG as a friendly country but our government always said that China-SG relationship was strong and good.  Does this anti-dumping probe show the good relationship between SG & China?

Malaysia is a rubber plantation country and exports a lot of rubber but there is no anti-dumping probe from China because it is having a good China-MY relationship.

The China-India border dispute had shown to China its foes.

The China-India border had settled amicably but it also had shown to China which countries were anti-China.  It's a fact that India's incursion was illegal but some countries still supported the perpetrator overtly and disregarded the international law.

Japan and Australia supported India overtly by expressing remarks supporting India's stance and Israel sold weapons to India during the standoff.  China had taken cognizant of their anti-China stances and would be wary of them in the future.  Fortunately, Singapore was keeping its silence about this.

North Korea fired a missile across Japan. Is it illegal? No!

https://www.theguardian.com/world/2017/aug/29/missile-passing-japan-wakes-to-ominous-warning-about-north-korean-launch

Is North Korea missile firing breaching any international law?  No! Why?

I'm not trying to speak up for North Korea but just trying to state a fact that the media is omitting.

According to international law, any airspace 100km above the land is considered international airspace.  As the NK missile was flying at an estimated 500km above Japan, it was considered to be in international airspace and its action was not illegal.  The missile landed in the international sea and also was not breaching any international law.  Therefore, NK was not doing anything illegal at all.  However, no media reported this based on international law but from the political perspective.

For the same reason, micro satellites are orbiting few hundreds of kilometres above the land around the globe legally without breaching any sovereignty territory or international law.  No country can protest that a foreign satellite is orbiting above its sky.

We just want to present a true fact from the legal perspective and educate our readers that politics rule this world instead of law.


Russian tanker doesn't need to pass through Singapore port anymore!

http://money.cnn.com/2017/08/25/news/arctic-ice-tanker-ship/index.html

Russian tanker can use Arctic to deliver its oil and gas now without using the Suez Canal.  When the ship doesn't pass through Suez Canal, it also doesn't need to pass through Strait of Malacca and Singapore.  Singapore will have lesser incomes from shipping now as more ships will use the new Arctic route.