US oil rig count - 553

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by 14 this week to 553.

A year ago, 787 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.

Houston oilfield services company Baker Hughes Inc. said Friday that 443 rigs sought oil and 108 explored for natural gas this week. Two were listed as miscellaneous.

Among major oil- and gas-producing states, Texas gained 10 rigs, Wyoming increased by three, New Mexico was up two and Alaska and Utah added one apiece.

Louisiana declined by two rigs and Colorado was off by one.

Arkansas, California, Kansas, North Dakota, Ohio, Oklahoma, Pennsylvania and West Virginia were unchanged.

The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.

Nobody could explain the black knight satellite orbiting earth.

http://www.express.co.uk/news/science/600459/WATCH-Legendary-Black-Knight-alien-satellite-captured-passing-ISS-AND-Moon

Russia & Turkey are fighting USA in Syria.

https://sg.news.yahoo.com/russia-says-pausing-aleppo-bombing-11-hours-four-112108229.html

Russia and Turkey are bombing US-backed militia.

Singapore stock calls for 21 October 2016

What's wrong with this article?

http://news.asiaone.com/news/asian-opinions/chinas-perception-singapore-4-areas-misunderstanding

Asset and liability
China has realized its mistake to regard Singapore as a Chinese nation and the Chinese caucus has been advising the communist party not to do that recently due to anti-China remarks.  I wonder this is good or bad for SG as China will regard SG as just another sovereign without preferential treatment and SG will lose its facilitator role.

Singapore's commitment to Asean
Majority of Asean support China stance in South China Sea.  Only SG and Vietnam support USA stance in South China Sea.  How can there be unity in Asean with 2 Asean countries go against China among its 10 members?  One cannot just keep preaching unity without practising it.

Relations with major powers
If SG didn't side with USA, China diplomat won't demand SG to stay out of South China Sea in August 2016.  This is the first time that China used such harsh attitude towards SG.  Relationship with China has definitely gone south recently.

Different world views
Everyone wants a rule-based world but this rule-based standard must be applied universally.  In other words, no country can impose its will on others by might which is an ideology that we all strive to achieve.  This rule-based standard cannot be selectively applied.  For example, only certain countries can use might to rule this world but others cannot.  Who attacked Iraq without UN mandate with fabricated intelligence that Iraq possessed WMD? Who went around setting military bases in the world?  How come USA can meddle in South China Sea when it is a non-claimant? The reason is simple: USA has the might to do it!

We support all states to follow UN convention on the law of the sea but this convention can only be interpreted and served by a true and legal court.  ICJ is the only true and legal international court but not PCA.  One cannot enforce PCA ruling on one country but oppose PCA ruling on another country.  Therefore, we cannot ask China to adhere to PCA ruling but allow Australia to reject PCA ruling.  Philippines filed the case in PCA but not ICJ under the instruction of USA.  Why PCA but not ICJ?  This is because ICJ will throw out this case as it contravenes the ICJ jurisdiction.

Never name your phone 7! Iphone 7 is another exploding device.

http://digital.asiaone.com/digital/news/man-claims-iphone-7-burst-flames-his-car

Iphone 7 can explode like Samsung S7.

EU is drifting away from USA & UK.

http://www.politico.eu/article/eu-leaders-consider-new-sanctions-against-russia-theresa-may-donald-tusk-european-council/

Another proof that US & UK are building a wall of self-isolation.

USA is at risk of erecting a wall of self-isolation and it is alienating itself now.

Philippines president has realized that USA is the real troublemaker in this world.

USA and Europe countries invaded Philippines in the past and ruled Philippines but not China.  Why did Philippines hate China then?  This hatred was imbued by the USA during USA ruling because USA dictated the history text in Philippines.

Duterte has a good knowledge of his country's history and he knows USA is not a reliable and trustworthy country.  He also knows that USA created a lot of troubles in Middle East.

http://www.globalresearch.ca/america-created-al-qaeda-and-the-isis-terror-group/5402881

Therefore, he is striking a strategic alliance with China and Russia to counteract the evil force (USA).

Philippines declares separation from USA!

https://sg.news.yahoo.com/news/chinas-xi-says-hopes-dutertes-visit-fully-improve-042219610.html

Wow! Wow! Wow!

Singapore stock calls for 20 October 2016

Primary maths

A boy is using a flight of stairs. He walks some steps and runs 6 steps for 65s. Then he does it again by walking some steps and running 14 steps for 41s. How long will he take to walk up the flight of stairs.

Duterte will bring back a lot of china investments.

http://business.inquirer.net/216953/china-offers-3b-in-infra-deals

China can offer Philippines a lot of commercial and economic benefits but USA cannot.  USA can only give 2 lousy planes but with a lot of US demands.

Duterte is right to form strategic alliance with China.  Well done!

Singapore stock calls for 19 October 2016

Duterte knows only China is sincere in helping Philippines, not USA.

https://www.rt.com/news/363103-duterte-china-visit-help/

There is no point for Duterte to talk about PCA ruling because Australia also rejected PCA ruling recently.  Duterte only will embarrass himself about PCA ruling as Australia also said PCA had no jurisdiction and the ruling was not legal binding.  Therefore, Duterte might as well just focus on the business dealings with China and also form a strategic alliance with China.

This is why we cannot stop asking Japan to apologize for WW2 atrocities.

https://sg.news.yahoo.com/japan-pm-abe-sends-ritual-offering-yasukuni-shrine-025037365.html

Some Japanese government officials are still claiming that comfort women were legal because they didn't force women to be comfort women.  Most claimed that those women volunteered for the jobs.  Others claimed that the comfort women were doing the job because of life tribulations.  The comfort women couldn't take hardships and couldn't tolerate starvation and they became comfort women to have better lives.

If we stop asking Japan to apologize for WW2 atrocities, we're agreeing to the Japanese claims that women couldn't take hardships and endure starvations and sought the easy way out in life by becoming comfort women.

Singapore stock calls for 18 October 2016

China has successfully launched its 2 astronauts into outerspace!

https://spaceflightnow.com/2016/10/17/chinese-astronauts-launch-on-month-long-space-mission/

Congrats! I hope to see China astronauts on the moon soon.

Is WW3 coming?

http://www.morningledger.com/world-war-3-russia-china-citizens/13112080/

I don't think so because aliens won't allow it.

Singapore stock calls for 17 October 2016

Philippines just doesn't know what it is doing.

https://sg.news.yahoo.com/duterte-wont-barter-away-philippine-territory-china-111046898.html

First of all, by raising the PCA ruling in any meeting with China is a foolish move as Australia also rejected PCA ruling recently.  This has shown that PCA is not a true and legitimate international court because Australia adhered to ICJ ruling which ruled in favour of East Timor but rejected PCA ruling.  East Timor filed a case against Australia in PCA & ICJ and won.

Secondly, Philippines has accepted that the South China Sea islands belong to China unknowingly by requesting China to let Philippines fishermen to fish near the islands.  If the islands don't belong to China, you won't request permissions from China.  This is a simple logic.  How come Philippines doesn't request permission to fish in South China Sea from USA?

Baltic dry index - 892

Today, Friday, October 14 2016, the Baltic Dry Index climbed by 7 points, reaching 892 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 - 539

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by 15 this week to 539.

A year ago, 787 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.

Houston oilfield services company Baker Hughes Inc. said Friday that 432 rigs sought oil and 105 explored for natural gas this week. Two were listed as miscellaneous.

Among major oil- and gas-producing states, Louisiana gained six rigs, New Mexico and Oklahoma increased by three each, Colorado was up two and Alaska, Pennsylvania and West Virginia added one apiece.

Texas declined by three rigs.

Arkansas, California, Kansas, North Dakota, Ohio, Utah and Wyoming were unchanged.

The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.

China's one belt, one road development plan is awesome!

The one belt, one road world map will explain the road and maritime economic plans clearly and no country in this world is capable to develop such an awesome road and sea links without a deep coffer.

Singapore stock calls for 14 October 2016

Who controls the world?

https://sg.finance.yahoo.com/news/clinton-says-us-could-ring-032829213.html

USA likes to maintain hegemony but it doesn't know that USA cannot control the world.  The real leader is ALIENS, not USA, not Russia and also not China.

Just look at the video footages and you will know why.

USA missile was shot down by UFO.  Just look at the Alien's technology and you will know USA is helpless.

Russian's missile was also shot down by UFO but this time, UFO vaporized the missile and Russia is helpless too.

There's also UFO in China.  Therefore, USA cannot do anything to China.

Philippines has finally realized who is foe and who is friend.

http://www.straitstimes.com/asia/se-asia/us-philippines-to-end-military-exercise-a-day-early

Philippines terminated its joint military exercise early with USA because Duterte had realized that the exercise was not beneficial to Philippines.  The joint military exercise was performed with all USA weapons and technologies and USA would take back all its equipment after the exercise leaving Philippines operational readiness ineffective without USA equipment.

Therefore, if China and Philippines were to wage a war against each other, Philippines would be wiped out fast and furious without USA equipment.  USA would not supply all the equipment that Philippines needed to win the war at the expense of USA.  How did Duterte come to this conclusion? He took the leaf out of Crimea to form this conclusion because USA did nothing to help Crimea when Russia annexed it.

Philippines also realized that South China Sea became an issue after USA decided to get involved iand USA was the real troublemaker wherever it went.  Therefore, Duterte decided to turn the situation around by getting cosy with China for the greater good.

How will clothes be made in the future? Seeing is believing!

You have to see to believe it.  This is how clothes will be made in the future and you can recycle the same material and respray many times once you get bored with the design.

Singapore stock calls for 13 October 2016

Primary maths problem

There are 764 marbles to be shared among 4 boys : a, b, c and d. If a has 20 marbles lesser, b has 30 marbles more, c has to halve his marbles and d has to double his marbles,  all the boys will have equal marbles at the end. How many marbles does each boy have initially?

Singapore stock calls for 12 October 2016

China high speed railway has very high standard!

Just see how stable is China's high speed railway train.

China tourists shun Taiwan & HK.

http://www.channelnewsasia.com/news/singapore/gold-rush-chinese-head-out-on-holiday-en-masse-skirting-taiwan/3169716.html

This is what will happen when anti-taiwan & anti-hong kong sentiments take root in China people.  SG cannot offend China and hurt the feelings of the Chinese or else they will shun SG.  Therefore, our government should stop making anti-china remarks like supporting Japan to stop apologizing for WW2 atrocities and so forth.

P4 maths!

18 students in a party. Each boy eats 5 sweets and each girl eats 3 sweets. In total, boys eat 42 more sweets than girls. How many more boys are in the party?

Primary maths problem

There is a sum of $425 to be shared between bruce and charlie. bruce spends 2/3 of his money and charlie spends 1/4 of his money. In the end, charlie has 2 times more money than bruce. How much does charlie have at the end?

Russia air base will become permanent in Syria.

http://www.reuters.com/article/us-mideast-crisis-syria-russia-tartus-idUSKCN12A0W6?il=0

Russia will become a permanent footprint in Middle East and will influence Middle East in the future.

Russia and Turkey signed gas pipeline accord.

http://www.channelnewsasia.com/news/business/international/russia-turkey-sign-gas-pipeline-accord-after-crisis/3195608.html

This is an important milestone for Russia as this pipeline will allow Russia to connect to Europe for its gas sale and also bypass Ukraine which is the other alternative.  Ukraine will suffer economically as it is being alienated by Russia when Russia stops supplying cheap gas.

Singapore stock calls for 11 October 2016

Singapore stock calls for 10 October 2016

Beware of note 7 produced in Vietnam!

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!

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.

Singapore stock calls for 7 October 2016

Singapore stock calls for 6 October 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.

UN peacekeepers are cowards!

https://sg.news.yahoo.com/un-peacekeepers-failed-protect-civilians-sudan-rights-group-185608511.html

Russia and USA relationship at record low in recent time!

http://www.bestchinanews.com/International/2385.html

Russia to terminate plutonium agreement with USA.

Singapore stock calls for 5 October 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.

Singapore stock calls for 4 October 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.

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.

Singapore stock calls for 3 October 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.

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!

Syria has proof that USA is in cahoot with ISIS!

http://www.zerohedge.com/news/2016-09-26/syria-claims-have-recording-conversation-between-isis-and-us-military-strike-syrian-

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/

Singapore stock calls for 30 September 2016

Latest military news!

China has succeeded in developing quantum radar and is ready for mass production. This quantum radar is the latest technology after its quantum satellite and will render F35 stealth fighters useless.  No stealth technology can escape quantum radar for now.

Singapore stock calls for 29 September 2016

Tharman is not the man for SG PM.

https://sg.news.yahoo.com/dpm-tharman-on-yahoo-survey-im-not-the-man-for-130150277.html

As predicted in our earlier post, Tharman has declared himself not the man for SG PM.  However, he's up for another post that the current PM is seeking to change.

US is losing support in ASEAN!

https://sg.news.yahoo.com/duterte-says-upcoming-philippines-war-games-us-last-143145972--business.html

Philippines is breaking up with USA because USA had played a fool out of Philippines over the PCA ruling on South China Sea which was an illegal ruling.  Furthermore, USA had refused to reimburse Philippines for PCA legal cost which amounted to USD$30m.  USA also interfered in Philippines' internal affairs which angered Duterte.

Stockbank announcement!

Stockbank LLP is pleased to announce that Business wire has approached Stockbank to be its news publishing partner again after stockbank.com.sg ceased operation.  Business wire news will be published on this blog and http://stockbanksg.wixsite.com/stock/news.

Singapore stock calls for 28 September 2016

Singapore stock calls for 27 September 2016

Is anti-singapore sentiment brewing in China or someone is trying to frame SG?

http://news.asiaone.com/news/singapore/singapore-envoy-refutes-china-report-south-china-sea

Is Tharman likely to be the next SG PM?

https://sg.news.yahoo.com/most-singaporeans-would-choose-tharman-1523976433713206.html

Politically, Tharman is unlikely to be the next SG PM.  Why? Well, this is because SG survival is highly dependent on its role to be the facilitator between the east and west.  If Tharman is the next PM, SG will lose its close fraternity with China as China will view SG differently.  China will view SG without a Chinese root and won't give preferential treatment to SG.  LHL has also indicated that the next PM must be able to speak Mandarin and Tharman is not able to do that.  Without a Chinese root, SG survival is going to be tougher in a more challenging environment.

LHL has been trying to change the presidential requirements for some hidden agenda.  Time will reveal the truth in the future.

Singapore stock calls for 26 September 2016

What else did DBS do wrong?

Why did DBS say Yuan (RMB) was the big China risk?  Well, DBS speculated in Yuan and was suspended for such activity in China.

http://www.cnbc.com/2016/01/06/dbs-ceo-piyush-gupta-tells-wealth-clients-focus-on-yuan-not-pmi.html

http://www.straitstimes.com/business/banking/china-suspends-yuan-trading-by-dbs-stanchart

DBS was one of the culprits that dabbled in yuan speculation and got punished by China but trying to get back on China by talking about yuan depreciation would only irk China more.

Baltic dry index - 941

Today, Friday, September 23 2016, the Baltic Dry Index climbed by 4 points, reaching 941 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 - 511

HOUSTON (AP) -- The number of rigs exploring for oil and natural gas in the U.S. increased by five this week to 511.

A year ago, 838 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.

Houston oilfield services company Baker Hughes Inc. said Friday that 418 rigs sought oil and 92 explored for natural gas this week. One was listed as miscellaneous.

Among major oil- and gas-producing states, Texas and Oklahoma each gained two rigs and Alaska, California, North Dakota and Pennsylvania each was up one.

Louisiana, New Mexico and West Virginia each declined by one rig.

Arkansas, Colorado, 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.

DBS failed to see warning signs for Swiber before default and claimed that it imploded suddenly.

DBS claimed no sign of distress for Swiber and extended more loan to Swiber.  How true is this claim?

http://www.todayonline.com/business/dbs-chief-gupta-defends-decision-extend-lifeline-swiber

However, Kim Eng and S&P stated red flags were there for some time prior to the default.

http://www.straitstimes.com/business/companies-markets/swibers-woes-warning-signs-were-there-for-some-time

http://www.businesstimes.com.sg/companies-markets/there-were-signs-pointing-to-swibers-troubles-before-collapse-sp-global

USA is losing its staunch allies to China!

UK joined AIIB despite USA's protest.

Canada is applying to join AIIB now.
http://www.japantimes.co.jp/news/2016/08/31/business/economy-business/canada-snubs-u-s-seeking-join-china-led-aiib/

Canada is also trying to establish FTA with China.
https://sputniknews.com/politics/20160923/1045613786/china-canada-mull-free-trade.html

Singapore stock calls for 23 September 2016

TPP is doomed to fail as it is an unfair business pact for ASEAN.

http://www.bangkokpost.com/business/news/1087705/vietnam-delays-tpp-vote

TPP is never a good and fair business pact and Europe has already rejected TTIP which is TPP in European version. TPP cannot proceed as all countries involved must ratify it.

Singapore stock calls for 22 September 2016

Singapore stock calls for 21 September 2016.

Singapore stock calls for 20 September 2016

Singapore stock calls for 19 September 2016.

Baltic dry index - 800

Today, Friday, September 16 2016, the Baltic Dry Index climbed by 36 points, reaching 800 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 - 506

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. declined by two this week to 506.

A year ago, 842 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.

Houston oilfield services company Baker Hughes Inc. said Friday that 416 rigs sought oil and 89 explored for natural gas this week. One was listed as miscellaneous.

Among major oil- and gas-producing states, Oklahoma gained three rigs and Alaska was up one.

Louisiana declined by two rigs and North Dakota and Texas fell by one each.

Arkansas, California, Colorado, Kansas, New Mexico, Ohio, Pennsylvania, Utah, West Virginia and Wyoming were unchanged.

The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.

Singapore stock calls for 16 September 2016

Will breaking the law in good faith exonerate your guilt?

http://news.asiaone.com/news/singapore/kong-hee-had-used-city-harvest-churchs-funds-good-faith-lawyer-says

Laws are not meant to be broken whether in good or bad faith. Breaking the law in good faith will not exonerate your guilt. If someone robs the rich to give it to the poor, he is also robbing in good faith and doesn't seek any personal gain for himself but that doesn't mean he is not guilty under the law.

The lawyers are damn stupid to argue in this way.

USA and Japan are still looking to stir up troubles in South China Sea.

https://sg.news.yahoo.com/japan-boost-south-china-sea-role-training-patrols-024915637.html

USA and Japan (non-claimants) are still looking to stir up troubles in South China Sea when claimants have agreed to handle their differences with China bilaterally.

There has not been a single instance in South China Sea where there is no freedom of navigation by commercial ships. Asean knows what the USA & Japan are up to and will not follow them.

Duterte has put actions into his words!

http://www.bloomberg.com/news/articles/2016-09-13/duterte-courts-china-for-weapons-ends-joint-patrols-with-u-s

Simple maths problem

There are 18 students in a party.  Each boy eats 5 sweets and each girl eats 3 sweets. In total, boys eat 42 sweets more than girls. How many more boys are there?

Singapore stock calls for 15 September 2016

Singapore stock calls for 14 September 2016

Vietnam and China agree to manage differences in South China Sea.

Vietnam and China will manage differences in South China Sea bilaterally without USA involvement.

http://timesofindia.indiatimes.com/world/china/China-Vietnam-to-properly-manage-differences-over-South-China-Sea/articleshow/54311854.cms

USA is losing support in South China Sea.

USA is quickly losing support in South China Sea. It will risk alienating itself and be ostracised by ASEAN because ASEAN know USA's ulterior motive now.

https://sg.news.yahoo.com/philippine-leader-rejects-joint-patrols-eyes-china-weapons-111420199.html

Singapore stock calls for 13 September 2016

Baltic dry index - 804

Today, Friday, September 09 2016, the Baltic Dry Index climbed by 12 points, reaching 804 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 - 508

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by 11 this week to 508.

A year ago, 848 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.

Houston oilfield services company Baker Hughes Inc. said Friday that 414 rigs sought oil and 92 explored for natural gas this week. Two were listed as miscellaneous.

Among major oil- and gas-producing states, Louisiana gained eight rigs, Texas was up four, Utah and West Virginia each increased by two and Ohio by one.

Oklahoma declined by four and New Mexico was off two.

Alaska, Arkansas, California, Colorado, Kansas, North Dakota, Pennsylvania and Wyoming were unchanged.

The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.

Singapore stock calls for 9 September 2016

Iphone 7 problems!

Apple is treating consumers like idiots. Iphone 7 is easily scratched and has no headphone jack.

No wonder ex-chairman from A-Star called iphone users Dummies. I guess he was right afterall. Heehee!

http://www.theverge.com/circuitbreaker/2016/9/7/12836762/iphone-7-announced-black-scratch

Singapore stock calls for 8 September 2016.

Russia supports China overtly to reject PCA ruling!

https://sputniknews.com/world/20160905/1044988523/russia-china-putin.html

Russia has declared its position on South China Sea and supported China to reject PCA ruling.  Furthermore, it is asking non-claimants to stay out of South China Sea especially USA.

http://asia.nikkei.com/Politics-Economy/International-Relations/Russia-backs-China-s-call-for-US-to-stay-out-of-South-China-Sea-row

Russia will be involving in South China Sea which will restraint USA's influence.

ASEAN will be disintegrated once its members allow USA to meddle in South China Sea.

Countries that overtly support China: Russia & Thailand (latest update)

Countries that overtly support USA: None so far. (Duterte even called Obama son of whore)

When any Asean country overly supports USA, Asean will fall apart.  For eg, if SG supports USA overtly, China will use Malaysia to punish SG.  If Vietnam supports USA overtly, China will use Cambodia & Loas to punish Vietnam because Vietnam invaded its neighbouring countries in the past.  If Indonesia supports USA openly, China will use Malaysia & Brunei to punish Indonesia (muslims against muslims).

How can Asean be united like before when 2 super power countries use Asean to fight against each other for their own political causes and interests?

USA will definitely lose out in South China Sea because ASEAN wants to maintain peace, stability and unitedness but USA will still have a consolation price by selling its weapons to ASEAN when it creates chaos in South China Sea.

Thailand has declared openly its support for China to maintain South China Sea.

http://www.businesstimes.com.sg/government-economy/thailand-supports-chinas-efforts-to-maintain-maritime-peace

Singapore stock calls for 7 September 2016.