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

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.

=======================

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.

===========================

Related stocks: Keppel Corp, Sembcorp Marine & Cosco.

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.

Singapore stock calls for 9 March 2017

We've been warning about rising inflation.

http://finance.yahoo.com/news/china-february-producer-inflation-accelerates-fastest-since-september-014945289--finance.html

China inflation is rising fast and will emanate to the world.  We've been warning about this since the last quarter of 2016.

http://sg-stock.blogspot.sg/2016/11/high-interest-rate-environment-is-coming.html

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.

Part 3:http://sg-stock.blogspot.sg/2017/02/south-korea-will-enter-economic_28.html

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.

Trade war between South Korea and China has started!

https://sg.finance.yahoo.com/news/south-korea-act-against-chinas-discrimination-against-south-020440494--business.html

https://sg.news.yahoo.com/koreas-lotte-says-4-retail-stores-china-closed-035044241--business.html

https://sg.news.yahoo.com/chinese-protest-against-south-koreas-lotte-100944110.html

The trade war is due to the stupid THAAD defence system which is ineffective against low-altitude rockets.  It is no joke when 1.4b people rallied against South Korea.

Kudos to China for containing its defence budget.

https://sg.news.yahoo.com/china-defense-budget-rises-slowest-pace-decades-report-045618739.html

China's defence budget: USD$151b.
USA's defence budget: USD$590b.

See who is the threat to the world?

Trump is busy bickering with Obama.

https://sg.news.yahoo.com/trump-renews-attack-obama-124628140.html

How will he have the time and effort to focus on the economy?

Singapore stock calls for 6 March 2017

USA may have sub-prime again if Chinese investors exited US market.

https://sg.finance.yahoo.com/news/coming-home-roost-chinese-property-210006427.html

There'll be an oversupply of housing and this will crash the housing market when Chinese investors exited US market.  However, Asia will benefit out of this turmoil.

China has cut GDP growth for 2017. How will it impact the world?

http://www.reuters.com/article/us-china-parliament-idUSKBN16C007

IMF forecasts world GDP to be 3.1% for 2017 and China alone will contribute 39% of that 3.1% whereas USA will only contribute less than 10%.  Therefore, any decline in China GDP will affect the world more than USA.

http://english.gov.cn/news/top_news/2017/01/16/content_281475542971540.htm

Qualitative vs Quantitative analysis? Which is more important?

Quantitative analysis is about analyzing the facts and figures from the financial statements to derive a fair value on the company stock whereas qualitative analysis is about analyzing the business model and non-arithmetic aspects of the company and its industry to assess the feasibility and sustainability of the company.

Many financial analysts focus on quantitative analysis and neglect the qualitative aspects which often result in misjudgments.

For example, financial analysts like to tout shipping trusts to retail investors as value investment instruments because of their constant distribution yields that are akin to bond yields or fixed deposits.  They always use quantitative analyses to justify for buying shipping trusts due to the long-term chartered contracts (7-10 years) and high distribution yields of 5-7%.

However, if we use qualitative analysis on shipping trusts, we will discover that shipping trusts cannot withstand economic downturns and recessions.  The business model of shipping trusts is based on ship acquisitions to secure ever rising chartering rates to maintain the high distribution yields.  The acquisition limit is usually restricted by its loan-to-value ratio rule that is around 70%.  In a nutshell, the bank will only loan up to 70% of the ship value.  Although shipping trusts usually require their customers to lock in long-term chartering contracts of between 7-10 years, the customers won’t honour these contracts during economic downturns or recessions because many of these customers cannot survive such hardships.  When the customers start to breach these long-term contracts, shipping trusts are left with an oversupply of ships that are berthing and doing nothing.  Then, the shipping trusts will be forced to sell the idling ships at lower rates and these ship values will decline significantly.  Banks are usually cognizant of the latest developments in the shipping industry and will demand the shipping trusts to top up the differences in the fallen ship values.  Conversely, some banks will even recall the ship loans to cut down their risk exposures to the shipping industry.  All these events will start a vicious cycle in the shipping industry, which will lead to tremendous fall in shipping trusts’ prices and distribution yields.  However, many financial analysts will omit these cold hard facts and information to the retail investors by not doing a proper qualitative analysis.

Therefore, you better think twice when you read analysts’ reports without proper qualitative analyses.

Recession is coming this year!

http://finance.yahoo.com/news/fed-rate-hike-cycle-typically-lead-to-recession-160938484.html

FED rate hikes will cause recession according to historical records.

US interest rate could rise to 6% in 2 years.

http://finance.yahoo.com/news/strategist-says-trump-policies-could-132906015.html

Yellen has indicated that she will raise more rates.  This means she will counter Trump's fiscal policy with more interest rate hikes to rein in his expansionary plan.

USA march rate hike is a fait accompli.

https://www.bloomberg.com/news/articles/2017-03-03/yellen-hints-fed-may-need-more-2017-rate-hikes-than-penciled-in?cmpid=yhoo.headline&yptr=yahoo

Janet Yellen has indicated that she will raise more rates in 2017.

Baltic dry index - 939

Today, Friday, March 03 2017, the Baltic Dry Index climbed by 35 points, reaching 939 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.

=======================

Related stocks: Sembcorp Marine & Cosco.

US rig count - 756

HOUSTON (AP) - The number of rigs exploring for oil and natural gas in the U.S. increased by two this week to 756.

A year ago, 489 rigs were active.

Houston oilfield services company Baker Hughes Inc. said Friday that 609 rigs sought oil and 146 explored for natural gas this week. One was listed as miscellaneous.

Texas increased by six rigs, North Dakota was up three, Louisiana gained two and Utah one.

Oklahoma declined by three, Pennsylvania and Wyoming each dropped two and Alaska, Colorado and New Mexico were off one apiece.

Arkansas, California, Kansas, Ohio and West Virginia were all unchanged.

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

=========================

Related stocks: Keppel Corp, Sembcorp Marine & Cosco.

Hoversurf from Russia is the new mode of transport to replace bike!

Wow! No more traffic jam!

Singapore stock calls for 3 March 2017

Singapore stock calls for 2 March 2017

What stocks to buy in an interest rate rising environment?

In financial doctrine, we learn that a stable cashflow (low-volatility) company will be highly sensitive to interest rate compared to a high volatility company.  This means that low volatility cashflow will be positively correlated and high volatility cashflow will be negatively correlated to the interest rate.

As banks and insurance companies have relatively stable cashflows, these companies will benefit in an interest rising environment.

Previous related post:
https://sg-stock.blogspot.sg/2017/02/who-will-benefit-in-high-interest-rate.html

US stock markets are high on drugs now!

USA fundamentals have not changed much on the main street but wall street's euphoria is based on sentiments towards Trump's speeches insofar.  Trump's fiscal stimulus will boost the economy but this ephemeral will be negated by Janet Yellen's rate rises and the stock markets will come crashing down hard.  The US stock markets are like a house of cards now.

Advancement in robotic technology. What the latest robot can do!

This is simply amazing! The robot can balance itself so well and navigate over hurdles.

Japan wants to tell USA to respect WTO rules.

https://uk.finance.yahoo.com/news/japan-tell-u-respect-wto-rules-pm-abe-045130597--business.html

What a joke!

There is no way for Japan to tell USA what to do.  It's always USA telling Japan what to do.

Singapore stock calls for 1 March 2017

Ezra's ECS bankruptcy will affect DBS & OCBC.

http://www.reuters.com/article/us-ezra-hldgs-affiliate-bankruptcy-idUSKBN16728C

DBS & OCBC have loan exposures to ECS.  Ezra will have to write off its ECS investment of about USD$170m (40% stake in ecs).  DBS's exposure is about USD$84.6m and OCBC's exposure is about USD$13.1m.

UN is an useless organization now!

https://sg.news.yahoo.com/russia-china-veto-un-resolution-syria-sanctions-172339348.html

If the west especially USA don't work with China and Russia, UN will be a useless organization that cannot get work done because there must be not a single veto in any UN decision.  When there are 2 vetoes from Russia & China, UN cannot carry out its ruling.

WTO is fast losing its credibility.

https://sg.finance.yahoo.com/news/trump-administration-ignore-wto-rulings-sees-anti-u-030245789--finance.html

WTO refused to honour its own contract with China to grant the market economy status automatically after 15 years.  By setting such a bad example to the world, USA is just following suit by ignoring WTO rulings.

Why must other countries abide by WTO ruling when WTO refuses to abide by its own contract?

Singapore stock calls for 28 February 2017

North Korea is at its wits' end now.

http://www.reuters.com/article/us-northkorea-china-envoy-idUSKBN1670BP?il=0

Coal export to China constitutes 1/3 of North Korea's incomes.  Therefore, coal import ban from China will affect North Korea tremendously.  North Korea's coals are of high quality because they're non-smoke coals which don't produce smogs.

The next weapon China has is OIL export ban to North Korea.  This will crumble NK.

South Korea will enter economic downturn in 2017 - Part 3

https://sg.news.yahoo.com/china-angrily-reacts-threats-south-korean-missile-defence-033503970--finance.html

China will ban and boycott LOTTE businesses in China for helping South Korea government to install THAAD system.  Good grief! Why is South Korea so adamant in THAAD installation when the system cannot defend against more than 10,000 mobile rockets launchers from North Korea?

Part 2:
http://sg-stock.blogspot.sg/2017/02/south-korea-will-enter-economic_25.html

Singapore stock calls for 27 February 2017

USA has no money to repay its debt!

https://sg.finance.yahoo.com/news/us-treasury-rekindles-interest-rare-century-bond-045924053.html

What do you do when you don't have money to repay or roll over your debt?

Well, you just need to issue much longer dated bonds to roll over your money so that the days of reckoning will come much later.

The Kim who was assassinated in KLIA might not be the real Kim Jong Nam.

There was a Japanese reporter who claimed to be have known Kim Jong Nam for a long time said that Kim Jong Nam had tattoos on his body including his tummy.  However, no tattoo was spotted on his tummy on the picture (as shown).  Therefore, the deceased man might not be the real Kim Jong Nam according to the Japanese reporter.

DPM Tharman said that the government had enough provision for this decade.

https://www.gov.sg/factually/content/is-the-government-planning-to-raise-the-gst-after-the-next-general-elections

Let's see if this is true by not raising GST in this decade since the government has enough provision.

Bill Gates' suggestion on robot tax won't work!

http://fortune.com/2017/02/18/bill-gates-robot-taxes-automation/
Imposition of robot tax to save any human job won't work because it is a regressive action that will impede productivity.  This action will force businesses to choose between human or robot based on cost instead of productivity.  Furthermore, businesses will move to other countries without robot tax so that more robots can be used.  The fundamental reason businesses adopt automation is to improve productivity and lower production cost.  If we impose robot tax to compel businesses to adopt lesser robots, it will defeat the purpose of improving productivity as a human cannot work 24/7.  If full automation can increase productivity and lower product cost better than semi-automation with some human labour, why would we want semi-automation unless full automation has a higher robot tax which can lead to higher production cost?

Iphone 7 is an exploding device. Be careful!

https://www.yahoo.com/tech/apple-investigating-iphone-7-caught-140100976.html

Iphone 7 has gone awry! It can explode like an IED.

Iceberg has issued another report on Noble group.

https://iceberg-research.com/2017/02/24/noble-group-how-many-times-can-you-fool-the-same-people/

No smoke without fire or this report on Noble's fraud is also a fraud report?

Baltic dry index - 875

Today, Friday, February 24 2017, the Baltic Dry Index climbed by 19 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.

========================

Related stocks: Cosco & Sembcorp Marine.

US rig count - 754

HOUSTON (AP) - The number of rigs exploring for oil and natural gas in the U.S. increased by three this week to 754.

A year ago, 502 rigs were active.

Houston oilfield services company Baker Hughes Inc. said Friday that 602 rigs sought oil and 151 explored for natural gas this week. One was listed as miscellaneous.

Texas increased by eight rigs and Wyoming gained one.

Alaska and Louisiana each lost two rigs and North Dakota declined by one.

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

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

=======================

Related stocks: Keppel Corp, Sembcorp Marine & Cosco.

South Korea will enter economic downturn in 2017 - Part 2

http://www.csmonitor.com/World/Asia-Pacific/2017/0208/China-gets-testier-as-South-Korea-advances-its-missile-defense-plans

The Chinese in China will boycott South Korea goods if THAAD system is installed because of nationalistic sentiment.  We cannot disregard this nationalistic sentiment which is deeply rooted in Chinese culture.  South Korea economy will be greatly affected beyond imagination if the Chinese do not buy South Korea goods.

Part 1:
http://sg-stock.blogspot.sg/2017/02/south-korea-will-enter-economic.html

China GDP growth is expected to slow down further in 2017.

http://en.people.cn/n3/2017/0223/c90000-9181860.html

The expected growth rate for China is 6.64% in 2017 which is lower than 6.7% in 2016.  Therefore, world economies won't be doing better in 2017 than in 2016 because of lower growth and uncertain USA economic policies.

CIA documents revealed that 23 Russian soldiers were killed by 5 Aliens in 1993.

https://www.thesun.co.uk/news/2919965/russian-soldiers-turned-to-stone-in-terrifying-shootout-with-aliens-declassified-cia-document-claims/

This incident happened in Siberia in 1993 after Russian soldiers shot down the UFO.

Singapore stock calls for 24 February 2017

Latest UFO activity with the sun.

Jupiter size UFO collided into the sun.  The shape of the UFO is clearly captured by soho satellite which is monitoring the sun 24/7.

Singapore stock calls for 23 February 2017

Is Euro coming to an end?

https://sg.finance.yahoo.com/news/end-euro-french-candidate-plots-131143978.html

If France is the first to dump Euro, Euro will definitely crash to the abyss as France is a big country in EU.  This will prompt many countries to hoard USD which will cause USD to spike up and create inflation faster than ever.

Second earth is found!

http://dailyoccupation.com/2017/01/22/official-researchers-discovered-second-earth/

However, we'll never reach there until we've learnt how to bend space time or create a wormhole.

Singapore stock calls for 22 February 2017

UFO sighting captured by german pilot!

This happened recently in Germany sky.  The passenger jet lost contact with Germany control tower and Germany sent fighter jets up the sky to look for the missing passenger jet.  The fighter jets found the passenger jet and continued to escort it.  Guess what!  UFO appeared and flew across the jets.

Visit India at your own risk!

http://www.bbc.com/news/world-asia-india-39025187

India is a country that treats women as whores.  A popular indian actress was raped in her own car. OMG!

Is Trump's impeachment coming?

http://metro.co.uk/2017/02/15/petition-to-have-donald-trump-impeached-has-nearly-1000000-signatures-6449765/

2 Harvard law professors spearheaded an impeachment campaign against President Trump and signatory list had reached 1m.  Is Trump a transition president in the making?

How are veggies and fruit prepared by machines!

Machines can do better than humans!

Dubai's sea firefighter is awesome.

Really awesome!

Singapore stock calls for 21 February 2017

Who killed Kim Jong Nam?

The likely suspects are:
USA (CIA)
China
South Korea
North Korea
Japan

USA is unlikely to be the culprit as CIA is busy in dealing with Trump's anti-thesis propaganda.

China is also unlikely to be the culprit as China is protecting Kim Jong Nam and his family.

South Korea is unlikely to be the culprit as it is busy with the presidential scandal.

North Korea is also unlikely to be the culprit as it is NEVER the modus operandi(MO) to use foreign agents to kill.  It always uses its own agents for the killings or else it will raise an alarming bell in its own country for the desperate MO.

Therefore, the only likely culprit left is JAPAN because it wants to frame North Korea and topple the dictator.

This is our conclusion based on logical thinking.

World's first certified flying car is ready for delivery in 2018.

Wow! No more traffic jam!

Singapore stock calls for 20 February 2017

CCTV of Kim's last moment in KL airport.

China is developing the next generation supercomputer.

http://en.people.cn/n3/2017/0220/c90000-9179877.html

This is truly a breakthrough and China can do a lot of simulations with this supercomputer especially for military developments.  I didn't know a supercomputer could generate almost USD$1.5b of economic benefits. WOW!

USA new travel ban is coming!

https://sg.news.yahoo.com/u-travel-ban-spare-green-card-holders-trump-022826298.html

This is a less intrusive ban but is still discriminating against muslims.

USA is creating troubles in South China Sea again.

https://sg.news.yahoo.com/us-aircraft-carrier-strike-group-patrolling-china-sea-073854173.html

It will be interesting to see how USA will continue to insist on freedom of navigation when China 2nd aircraft carrier is operational in 2020.  By then, the liaoning carrier (first carrier) will be more combat ready than today.  USA will have to deal with 2 carriers in 2020.

How to be sanguine about Singapore economy when more countries are bypassing our port?

As time passes, there will be more countries transporting goods from east to west without passing through Singapore because of the new land and sea routes developed by China.  How to continue to be a strategic sea hub like this?  Without our strategic sea hub status, Singapore economy will definitely suffer.

China and Britain are fostering closer relationship now.

http://en.people.cn/n3/2017/0217/c90000-9179229.html

As the railway freight has started operations between UK and China, UK and China will foster a deeper relationship and the railway freight volumes will pick up tremendously in the future.  This will definitely lead to a reduced sea freights that have to pass through Singapore.

China land freights are picking up and replacing the sea freights.

http://en.people.cn/n3/2017/0217/c90000-9179342.html

Pakistan and China are bypassing Singapore and there'll be more trades which will bypass Singapore.  Singapore is fast losing its strategic sea hub importance now.

Today, Friday, February 17 2017, the Baltic Dry Index climbed by 31 points, reaching 741 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.

=====================

Related stocks: Sembcorp marine, Cosco.

US rig count - 751

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by 10 this week to 751.

A year ago, 514 rigs were active.

Houston oilfield services company Baker Hughes Inc. said Friday that 597 rigs sought oil and 153 explored for natural gas this week. One was listed as miscellaneous.

Texas increased by 16 rigs and Utah gained one.

Louisiana lost three rigs, New Mexico declined by two and Alaska, North Dakota and Oklahoma each lost one.

Arkansas, California, Colorado, Kansas, Ohio, Pennsylvania, West Virginia and Wyoming were all unchanged.

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

=====================

Related stocks : Keppel corp, Sembcorp marine, Cosco.

UFO fleet captured by ISS cam.

Latest feed by ISS and UFO fleet was passing by.

Will Ezra affect DBS like Swiber did?

https://sg.finance.yahoo.com/news/dbs-ceo-signals-bank-may-054528673.html

DBS CEO said there's nothing wrong with Swiber before it exploded.  DBS didn't give a full account of EZRA exposure and state the worst was over.  If EZRA explodes, DBS would get hit again because of the under provision.

Singapore stock calls for 17 February 2017

Singapore non-oil domestic exports (NODX)

http://www.businesstimes.com.sg/government-economy/singapores-non-oil-domestic-exports-rise-86-year-on-year-in-january

Something looks dicey from the statistics.  Year on year changes denote marginal diminishing growth.

Jan 2017: 8.6%
Dec 2016: 9.1%
Nov 2016: 15.6%

Singapore depends heavily on China for our economic growth as it is our largest export market.  Therefore, it is not advisable to pursue USA interest to contain China.

Japan is educating its new generation with its own history.

http://en.people.cn/n3/2017/0216/c90000-9178801.html

Here we go again! Japan is brainwashing its students and whitewashing its history.  This is the reason why we must insist Japan to apologize for its atrocities in WW2 until it stops its stupidity act.  UN had already archived the Nanjing massacre on its documentation and Japan would only be confusing its citizens when they visited countries outside of Japan to learn more about its atrocities.

Singapore stock calls for 16 February 2017

LTA is one of the HSR project winners.

http://www.nst.com.my/news/2017/02/212902/winners-jdp-contract-kl-singapore-hsr-project-announced

This is indeed surprising as LTA has no experience in building HSR. The only experience LTA has is in MRT & LRT.  HSR is a more advanced technology than the normal railway because of its high speed.  I just hope the HSR doesn't break down or delay as often as our MRT/LRT.  Malaysia corporation also has no experience in HSR.  This is indeed a blind leads blind project development.  I wonder how did Malaysia evaluate the whole HSR project as safety would be very important.  Nonetheless, I'm happy to know that we're involved in the HSR project and we can learn a great deal with the on the job training.

FED is expected to reduce its massive treasuries holdings in 2017.

http://finance.yahoo.com/news/fed-ready-shrink-4-5t-150600369.html

We've reported this in early Feb and its impacts.

Please read our posting below.

http://sg-stock.blogspot.my/2017/02/is-usa-bond-market-going-to-explode-soon.html

Singapore banks are in deep troubles!

Singapore banks have huge doubtful loans in the oil & gas industries because of under provisions.  The banks have to increase the provisions significantly by as much as 2/3 which will affect their earnings in 2017.

https://www.bloomberg.com/gadfly/articles/2017-02-15/collateral-damage-in-singapore?cmpid=yhoo.headline&yptr=yahoo

China 2nd aircraft carrier will be launched in 2017

http://en.people.cn/n3/2017/0215/c90000-9177918.html

It will be harder for USA to contain China soon.  Great news for China but bad news for USA!

Driverless flying taxi will be operational in Dubai in 2017

Wow! Dubai is so advanced now!  More high tech than SG!

Malaysia arrested a Vietnamese woman for the murder of Kim.

Taiwan has a bleak analysis of Singapore.

Taiwan has a bleak analysis of Singapore because China is trying to contain SG's growth.

Singapore stock calls for 15 February 2017

Singapore government can do no wrong.

https://sg.news.yahoo.com/yaacob-syonan-gallery-isnt-named-to-endorse-the-japanese-occupation-071543442.html

Our government can do no wrong! Just look below.

Our government has redefined the definition of elected president.  Disagreeing means casting aspersion on AG.

Our government uses a japanese name for our historical gallery to REMEMBER our japanese aggressor, not HONOUR it.  This is the same as Japanese government remembering their war HEROS in Yasukuni shrine which provokes the ire of other countries like China and South Korea.

If this is just a remembrance, why would other countries complain against Japan for remembering its war heros?

Kim Jong Nam wouldn't be killed if he had remained in Singapore.

https://sg.news.yahoo.com/north-korean-man-dies-becoming-ill-malaysia-airport-133154060.html

He should remain in SG for the sake of security even though SG is a boring place.  He came to SG in 2012 and left in 2014.  This was the information I gathered from the internet.

What will happen if USA hikes rates 4 times this year?

http://finance.yahoo.com/m/9357b019-9ee4-34db-b03a-1b852095997b/expect-four-fed-rate-hikes.html

If risk-free rate goes up to 3.5% by the end of 2017, many things will go awry.  Many people will suffer investment losses and product prices will become a lot more expensive because of high inflation.  Economic growth will become anaemic and we'll be entering an era of stagflation which is difficult to handle.  Economists have great difficulties dealing with stagflation than inflation or deflation.

USA will hike interest rate in March 2017.

http://finance.yahoo.com/news/gold-edges-lower-yellen-hints-040544308.html

It's a pre-emptive and precautionary move because of upcoming Trump's fiscal stimulus policy.

Secrets of Mars.

Who is the real owner of South China Sea islands?

China has WW2 documents to prove that it is the true owner of South China Sea islands but USA is trying to whitewash these documents just like Japan did for its history.

USA has not come forward to dispute China foreign minister's speech in Australia.  In his speech, he asked USA to study WW2 history again and reminded USA of WW2 documents.

China to conduct military exercise in Feb 2017 after the recent US spy plane incident.

http://eng.chinamil.com.cn/view/2017-02/13/content_7486338.htm

This military exercise is to test the operational readiness of its military setups in South China Sea and will show the world its capabilities to defend against any military confrontation in South China Sea.