USA debt has crossed USD$20t!

http://www.marketwatch.com/story/heres-how-the-us-got-to-20-trillion-in-debt-2017-03-30

Fighting wars, big tax cuts and economic stimulus packages have all added to the debt burden

Raising the debt limit is the only way out for the USA in December 2017.  If not, the government has to shut down in December as there's no money to be spent anymore.

How will the government get the money for its spending? Look like printing money is the only way out for Trump as he wants to implement fiscal spending to boost the economy but still want tax cuts simultaneously. Increasing the money supply will definitely devalue the currency.  OK, we have the outcome for the USD in the future now.

Wow! China will be researching on quantum navigation system for its submarines.

http://en.people.cn/n3/2017/0913/c90000-9268415.html

Wow!  China is really developing its quantum understanding in all spectrum of technologies.

Quantum satellite
Quantum radar
Quantum communication network
Quantum computer
Quantum navigation system

This is really amazing!

Turkey has defected from NATO.

https://sg.finance.yahoo.com/news/turkey-signs-deal-buy-russian-400-missile-systems-081502133.html

Turkey, a NATO member, has defected and purchased Russian S400 missile system.  Turkey is the first NATO member to purchase from Russia as NATO is supposed to contain and ward off Russia.

Singapore stock calls for 12 September 2017

U.N. approves watered-down new sanctions against North Korea.

http://www.chicagotribune.com/news/nationworld/ct-north-korea-sanctions-20170911-story.html

The USA had relented. Either the sanctions won't get passed or only the watered-down sanctions would be approved.  The USA couldn't do anything without getting approval from China in the UN.

We're right to say that the USA won't get what it wanted in the UN vote.

http://sg-stock.blogspot.sg/2017/09/us-wont-get-what-it-wants-in-un-vote-on.html

Toys R Us may be bankrupt soon!

https://www.cnbc.com/2017/09/06/toys-r-us-weighs-possible-bankruptcy-filing.html

New game cultures have developed with electronics and traditional toys makers have problems adapting to the paradigm shift.

Lego is also having some problems adapting to the new game culture.

https://www.aol.com/article/finance/2017/09/05/lego-to-cut-1400-jobs-as-decade-long-sales-drop/23197473/

Halimah Yacob has become the most controversial president in Singapore.

https://sg.news.yahoo.com/pe-2017-pec-decision-halimah-yacobs-eligibility-sparks-notmypresident-hashtag-143620822.html

This is the first time that Singaporeans took to the media to voice their dissatisfactions about our "elected" president.  She will be the first president that doesn't command the respect of Singaporeans.

China has pledged to ban petrol and diesel cars in the future.

http://www.channelnewsasia.com/news/business/china-studying-when-to-ban-sales-of-traditional-fuel-cars--xinhua-9202160

China is joining Germany and UK to ban petrol & diesel cars in the future.  When more countries embark on this route, there'll be lesser demand for oil.  Therefore, oil prices will crash in the future and those oil producing nations will be in serious troubles because their main incomes will be badly affected.

Great jobs to these countries for saving our planet!

Singapore stock calls for 11 September 2017

No presidential election in Singapore!

We will end our poll as there is no presidential election this year.  It's a walk over as there is only 1 qualified candidate.

The truth is finally out for THAAD system.

https://sg.finance.yahoo.com/news/america-apos-apos-thaad-apos-052300437.html

THAAD system is useless against the North Korean's missiles but the South Korea installed it due to immense pressure from the USA.  The true intention to have the THAAD system in SK is to use the radar to monitor China & Russia.

We had stated previously that THAAD was useless against NK.

http://sg-stock.blogspot.sg/2016/08/economic-crisis-is-developing-in-south.html

SK will definitely need to pay a heavy price for having THAAD.

The power of hurricane Irma.

You wouldn't believe it.  Hurricane Irma was so powerful that it could suck up ocean leaving behind a dry sea bed.

Where did all the water go to?  There you go!

China had tested its missiles defence system near North Korea border.

http://www.scmp.com/news/china/diplomacy-defence/article/2109907/china-shoots-down-incoming-missiles-during-exercise

China missiles defence system shot down incoming missiles during a drill near North Korea border.

This exercise shows that it is combat ready and NK outdated missiles won't be able to pose a threat to China.

ASEAN, HK and China to sign FTAs.

http://en.people.cn/n3/2017/0910/c90000-9266970.html

This is great news for ASEAN, HK & China.  These FTAs are definitely better than TPP.  TPP is an unfair pact because it's designed more for the political motive.

Huawei Kirin 970 chipset is super fast.

Just watch how fast the Kirin 970 chipset processes the 100 photos.  The initial photo processing is slow because of normal chipset but once the German switches to K970, the processing is super fast.

This is how China is progressing.....OMG!

http://sg-stock.blogspot.sg/2017/09/china-has-produced-first-mobile-ai-chip.html

US won't get what it wants in UN vote on monday.

https://sg.news.yahoo.com/us-determined-un-vote-monday-n-korea-sanctions-214836746.html

China & Russia had already stated that more sanctions won't help and these 2 countries have veto powers.

I'm pretty sure Singapore will support the USA.  Singapore didn't dare to vote to ban nuclear weapon in UN.

Car scammer in China!

Car cam is very important in China. You'll be at the losing end without a car cam.  This woman is so desperate and ridiculous.

China has made a decision to shut down bitcoin exchanges.

http://www.caixinglobal.com/2017-09-09/101142821.html

We knew such a thing would happen and we ain't saying this on hindsight.  The qualitative analysis would have revealed that the government won't allow it because allowing it would defy economic sense.

There are basically 3 ways to manage an economy: Monetary policy, Fiscal policy and Structural policy.  Cryptocurrency falls under the monetary policy and the government won't allow another currency in any form to flourish and compete with its own currency.  This will make it very hard for the government to manage its monetary policy, especially during crises.  Furthermore, this type of currency is highly subjected to abuses by private exchanges and criminals.  However, the blockchain technology behind this currency is more valuable than the currency itself and can be put to better use in other ways.

Bitcoin is a manipulated virtual currency that is under the control of a small group of people.  Have you ever wondered why the majority of bitcoin trading is only conducted in 3 countries (China, Japan and South Korea)?

Last but not least, nobody can create money out of thin air.  It's just a wishful thinking!

NASA will be spending USD$3.5b to stop yellow stone from erupting.

http://www.express.co.uk/news/science/844858/yellowstone-volcano-eruption-warning-nasa

Wow! NASA is also an expert in volcanology.  We all know that now!

NASA wants to spend US$3.5b on the yellow stone eruption prevention program.  The prevention theory has yet to be tested and I hope this method won't disrupt or aggravate the yellow stone condition.  There are a lot of things we still don't understand fully about our earth.

Mexico 8.1 earthquake could be caused by solar storm.

2 interesting phenomena happened recently.

http://www.newnationalist.net/2017/09/08/2nd-x-generated-storm-triggers-8-0-mexico-earthquake/

There were 2 solar outbursts and some strange light flashes in the sky prior to the Mexico 8.1 earthquake.

Some scientists are attributing the 8.1 earthquake to the solar storm.

USD has reached new low!

Is the USA deliberately devaluing its currency or people are losing faith in the USD?

The USD has been falling for the past 1 year and is still falling because of the colossal debt problem in the USA. Trump has kicked the can further down the road but still cannot resolve the debt problem except to extend the debt limit again.  There is no doubt that the USA will cross the $20T debt amount with little foreign reserves in its coffer and increased military spendings.

Hurricane Harvey has already done substantial damages to Texas and Hurricane Irma will be worse than Harvey.  Furthermore, meteorologists have detected 2 more hurricanes forming alongside Irma which will also slam into the USA.  The government definitely has to spend billions on the hurricane damages and require more fund raisings in the bond markets.  Insurance companies also will suffer due to substantial payouts and need to raise monies too.

All these don't bode well for the USD because monies are not put to better use other than damage control and repair.  Conversely, if these monies are used for economic developments, the USD will become stronger instead of weaker.

Baltic dry index - 1332

Today, Friday, September 08 2017, the Baltic Dry Index climbed by 36 points, reaching 1332 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 & Pan Ocean

US rig count - 944

HOUSTON — The number of rigs exploring for oil and natural gas in the U.S. increased by one this week to 944.

That's up from the 508 rigs that were active a year ago.

Houston oilfield services company Baker Hughes said Friday that 756 rigs sought oil and 187 explored for natural gas this week. One was listed as miscellaneous.

Among major oil- and gas-producing states, New Mexico added three rigs. North Dakota, Pennsylvania and West Virginia each gained one.

Alaska lost two rigs. Arkansas, Colorado and Louisiana were down one rig each.

California, Ohio, Oklahoma, Texas, Utah and Wyoming were all unchanged.

The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May of 2016 at 404.

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

Related stocks: Keppel Corp, Sembcorp Marine & Cosco

Singapore stock calls for 8 September 2017

Shared bikes business model is a flawed business concept - Part 2

http://en.people.cn/n3/2017/0907/c90000-9266039.html

China has banned new shared bikes now because shared bikes concept has created a lot of new social problems like abandonment, parking and obstruction.

https://sg-stock.blogspot.sg/2017/08/shared-bikes-business-model-is-flawed.html

Singapore stock calls for 7 September 2017

The USA is begging for a war with North Korea by imposing an oil embargo.

http://www.asianage.com/world/americas/070917/us-pushes-oil-embargo-on-north-korea-takes-aim-at-kim-jong-un.html

The USA is begging for a war with NK by imposing an oil embargo.  We stated in our previous postings that NK would go to war because of oil as it would become a survival issue.

http://sg-stock.blogspot.sg/2017/09/japan-is-trying-to-start-korean.html

http://sg-stock.blogspot.sg/2017/09/oil-embargo-against-north-korea-will.html

China and Russia have to come to NK's rescue in the name of humanitarian aid because the oil embargo hurts the citizens the most.  If a war breaks out, China and Russia will definitely get involved and Asia will suffer great economic setbacks.

Is this what we want for Asia?

Hurricane Irma is approaching USA! It will be the biggest hurricane to date.

http://www.dailymail.co.uk/news/article-4857842/Hurricane-Irma-slams-Caribbean.html

Hurricane Irma is approaching the speed of 320km/hr and is a category 5 storm.  It will slam into Florida (USA) soon.

China has produced the first mobile AI chip.

http://en.people.cn/n3/2017/0905/c90000-9264860.html

TSMC and Samsung will have lesser chip businesses now as China will be using its own chips.  No more A10 or snapdragon chips in China mobile handsets anymore.

Trump has extended the debt limit to December.

http://www.marketwatch.com/story/trump-agrees-to-extending-debt-limit-government-funding-to-december-democrats-say-2017-09-06

Trump has the excuse to extend the debt limit to December because of the hurricane.  Therefore, the government won't shut down for now.

The media likes to talk about other countries' debts but seldom on the USA's debt.  I wonder why!

China won the HSR construction deal in Thailand.

http://www.channelnewsasia.com/news/asiapacific/thailand-signs-deals-with-chinese-state-firms-for-high-speed-railway-9190256

Wow! An invitation of Thailand to the BRICS summit did the trick!

http://sg-stock.blogspot.sg/2017/09/thai-sino-relationship-is-better-than.html

Let's wait for the outcome for the KSL-SG HSR.

Singapore stock calls for 6 September 2017

Triyards may collapse soon!

http://www.businesstimes.com.sg/companies-markets/triyards-flags-potential-threat-to-going-concern

The oil and gas industry is still not recovering and there will be more loan defaults soon.  Many analysts are still too optimistic about this industry as none is calling for a SELL on Triyards.

South Korea seeks Russia's help to resolve North Korea issue.

https://www.bloomberg.com/news/articles/2017-09-06/moon-seeks-putin-s-help-warns-of-uncontrollable-north-korea

President Moon still doesn't understand the whole situation.  Russia cannot help because SK is no longer a sovereign state and cannot make any decision without involving the USA.  Russia, like China, will demand SK to remove THAAD but SK cannot remove THAAD without the USA's approval.  The real crux of the Korea peninsula problem lies between the USA and NK.  SK and Japan will be the collateral damages when a war breaks out.  As long as SK and Japan don't pressure the USA to remove THAAD from SK, it is difficult to resolve the current impasse.

North Korea H-Nuclear warhead.

This is the H-Nuclear bomb which will be put in a ballistic warhead.  H-Nuclear bomb is the most powerful bomb so far on earth.  The Hydrogen bomb which was recently tested by NK was 10x more powerful than the atomic bomb dropped in Japan.

H-Nuclear bomb is a high technological bomb because it has to go through a fission-fusion-fission process to achieve the maximum explosion.  In a nutshell, a small atomic bomb (fission-split atoms) has to be ignited to achieve a high temperature of a few thousands degree for fusion (merge atoms) to take place before it eventually explodes again(split atoms) for maximum damage.

The diagram on the top left corner of the picture depicts the H-Nuclear bomb warhead.

China quantum communication can span more than 2,000km now.

http://en.people.cn/n3/2017/0905/c90000-9264879.html

After the advent of Quantum satellite, other quantum technologies are evolving as well. The quantum communication can achieve a distance of more than 2,000km now.  This also means the quantum radar range will also be longer than before and stealth fighter will no longer be stealth anymore.  All the billions sunk into the development of F35 would be flushed down the toilet bowl.  What a waste!

Will USA attack North Korea unilaterally?

Well, this is a billion dollar question but we'll try to seek the answer with our best effort.

The USA will only attack North Korea if it is confident that it can destroy NK's nuclear sites and ballistic missiles in the first air strike.  However, we do not foresee such confidence from the USA because the USA can only destroy about 85% of NK's capabilities leaving 15% for retaliation against South Korea and Japan.  Our online research shows that the USA can only gather about 85% of intelligence about NK insofar.  There are many unknown underground tunnels in NK that can accommodate mobile missile launchers.  Therefore, the USA will not act unilaterally because Seoul and Tokyo will be annihilated from NK's retaliations.

The USA has been making public proclamation that it doesn't seek to dethrone Kim but Kim will not trust the USA due to the USA having a bad credibility record.  I would say that the USA and NK are at an impasse now because both countries are suspicious of each other.

Furthermore, China and Russia won't allow a Korean peninsula war right at their doorsteps.

It's official now! Government tax credit is not considered a state subsidy under WTO.

http://www.channelnewsasia.com/news/business/wto-reverses-ruling-against-boeing-777x-tax-credits-9184910

Many countries will use the tax credit to boost its competitiveness now as WTO doesn't consider tax credit as a state subsidy.

WTO has set the precedent for all to follow.  Good job!

Singapore stock calls for 5 September 2017

Our envision for the future is going to be materialized.

https://sg.finance.yahoo.com/news/fear-robots-taking-jobs-spurs-040550775.html

More countries are considering an universal basic income in their societal structures for the foreseeable future because of displaced workers.

Our Envision:

http://sg-stock.blogspot.sg/2016/12/the-new-economy-and-radical-social.html

We did mention in our article that people would receive state assistance for subsistence in the new world and this universal basic income system is akin to the state assistance for subsistence.

This upcoming industrial revolution will destroy more jobs than it creates.  Therefore, displaced workers will no longer be able to find jobs in this new world.

http://sg-stock.blogspot.sg/2017/05/artificial-intelligence-will-destroy.html

Are we prepared for this new societal development in Singapore?

India economic growth is declining tremendously.

http://www.livemint.com/Industry/yu33hGVkfNYCzfb7ENN3jO/Taking-stock-of-Indian-Economy-Consumption-key-to-GDP-growth.html

India GDP declined from 9% in 2016 to 5.7% in 2nd quarter of 2017.  The fall is too fast and too furious which denotes a burgeoning economic problem in India.  If this economic decline is not addressed, India will face a big social problem because its people will revolt.

Indians are known to protest violently.  Just look at Singapore little India riot which was on a small scale.

No wonder India didn't dare to start a war with China and needed to attend BRICS summit because it needed BRICS badly for its economic growth.

Singapore stock calls for 4 September 2017

USA wants to use FTA to force South Korea to do its bidding.

https://sg.news.yahoo.com/trump-hints-withdrawal-u-south-korea-free-trade-033825279--business.html

The USA wants to use the FTA to force South Korea to install the other 4 sets of THAAD and also continue the military drills with USA against NK.

Sigh! SK is powerless against the USA.

Oil embargo against North Korea will force NK to go to war!

https://sg.news.yahoo.com/chinas-anger-west-overshadow-tougher-action-north-korea-110120616.html

Where is the UN human rights council?

An oil embargo for NK will make north koreans suffer tremendously but the UN human rights council is keeping mum.  More sanctions will only make the north koreans suffer but not the government.

What's your take on this, UN human rights council?

EU and Turkey are falling apart.

https://sg.news.yahoo.com/merkel-wants-end-turkey-eu-membership-talks-194318250.html

If Germany succeeds in kicking out Turkey from EU, then Turkey may get kicked out of NATO too because Turkey will forge closer economic relationships with Russia.  When Turkey has a cozier relationship with Russia, NATO will feel edgy.

Thai-Sino relationship is better than Singapore-Sino's.

http://www.scmp.com/week-asia/geopolitics/article/2109399/why-did-china-invite-thailand-brics-party-clue-its-sleeper-hit

Singapore always wants to extol the strong Singapore-Sino relationship but the real truth is Thailand got invited to the BRICS summit.  Thailand is not part of BRICS but is the only ASEAN country to get invited to attend BRICS.

Being able to attend BRICS means there'll be an abundance of business and trade opportunities to harness with the 2 largest population countries.  Therefore, attending the BRICS summit is better than attending the G20 summit as an observer.

Singapore! Wake up please!

China doing its part for a greener environment.

http://en.people.cn/n3/2017/0902/c90000-9263490.html

Hydrogen fuel cells bus!  Hydrogen is a clean energy source and China is using wind power to produce hydrogen.  This is truly a green eco-system and I hope that this development will be applied to the whole world.

Let's stop using diesel bus!

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.

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.

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

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.

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

Related stocks: Keppel Corp, Sembcorp Marine & Cosco

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.

India fines Li Ka-Shing USD$5b!

http://in.reuters.com/article/ck-hutchison-tax-breakingviews-idINL4N1LG19Z?feedType=RSS&feedName=domesticNews

India is not only a liar but also a money grabber.  It is trying to tax CK Hutchison USD$5b.

India doesn't have enough coffer for its own economic developments and military spending, so it is laying its hands on foreign businesses.

Singapore stock calls for 31 August 2017

China is developing a hyperloop train at 1000km/hr!

http://en.people.cn/business/n3/2017/0830/c90778-9262269.html

OMG! This is really fast! It is faster than a commercial airliner.

India is trying to save its face by producing fake news about its withdrawal from the border standoff.

http://en.people.cn/n3/2017/0830/c90000-9262370.html

What a lowball move! Sigh!

The Indians are really nothing but liars!

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.

Singapore stock calls for 29 August 2017

Rickmers Maritime to delist tomorrow.

http://www.businesstimes.com.sg/companies-markets/winding-up-of-rickmers-maritime-completed-notes-to-delist-on-aug-30

Goodbye Rickmers Maritime!

This won't be the first and the last but is the beginning of the collapse.

USA is trying to put the blame of its destroyer's collision on China.

http://en.people.cn/n3/2017/0829/c90000-9261565.html

What is USA thinking?  Putting the blame of its collision on China's hacking?

If USA destroyer is so easy to hack, then it shouldn't be out at sea anymore because it poses a clear and present danger to other merchant ships.

This also means that the destroyer is not combat-operational as it is easily hackable.

The USA is trying to fabricate false intelligence again!

South Korea wants to get involved in KL-SG HSR.

https://sg.finance.yahoo.com/news/kl-singapore-hsr-project-korea-061550698.html

I believe Malaysia will not want to offend China by awarding the HSR to the South Korea consortium.  China is really pissed off with SK for THAAD installation because THAAD is useless against NK's mobile rocket launchers.

Political battles are playing out in China - Part 2

https://sg.news.yahoo.com/wanda-shares-tumble-rumours-chairman-detained-063825573--finance.html

If the rumour is true, those who try to help Wanda's chairman will be closely monitored by the government.  R&F will be a high profile target by the government.

https://sg-stock.blogspot.sg/2017/07/political-battles-are-playing-out-in.html

India chickens out after 2-month stand off.

https://sg.news.yahoo.com/india-says-troops-disengaging-stand-off-china-083126572.html

After seeing China's troops build up and large scale military exercises near the border, India has cowered in and agreed to withdraw.  Afterall, India has no legitimate reason for the incursion and cannot garner international support for its action.

Singapore stock calls for 28 August 2017

Outrage of Modesty (OM) has increased in Singapore.

http://www.businesstimes.com.sg/government-economy/overall-crime-cases-in-singapore-fall-in-h1-but-e-commerce-scams-remain-a-concern

Singapore is no longer as safe as before for women.  Women have to be more careful when they go out in Singapore.

Singapore vs China in future economic developments.

What's our future in Singapore?  What's our grandeur plans?

The 2017 national rally speech primarily focused on pre-schooling, diabetics and technology embracement in the future which are mostly sociological in nature.  Will tackling these 3 sociological hurdles help Singapore to leap forward?  Are we at our wits' end now?

Let's look at what China focuses on.

China is focusing on Space, AI and Robotics developments while Singapore is only importing these technologies at its best because our government is focusing on technology embracement.  In other words, we only focus on the usages.  China has its own self-developed driverless transportation systems now while we're only importing the driverless system.

http://en.people.cn/n3/2017/0827/c90000-9260722.html

Financially, China has already developed its own financial technological systems like Alipay, QR code payment, Wechat financial system, etc.  Conversely, Singapore is just importing the QR code payment from China because of technology embracement.

It will become more demoralizing if I continue with the list and our prognosis will become bleaker.

Therefore, I will stop here to let you ponder over our future.

Vietnam has been eyeing Taiwan's Taiping island for a long time.

http://www.taipeitimes.com/News/taiwan/print/2017/08/26/2003677199

It has been internationally recognised that Taiping island belongs to Taiwan and Vietnam has been trying to rob Taiping island from Taiwan.  Therefore, Taiwan has the right to conduct any military exercise on Taiping island.

Vietnam is shamelessly protesting this by trying to distort the historical claim that Taiping island is under Vietnam's territory.  Vietnam is an overly ambitious country and Singapore doesn't trust Vietnam at all.  This distrust is evident from our late PM Lee's action against Vietnam.

USD dollar has just hit the lowest for the year 2017.

This is a one year chart and we can see that USD has just hit the lowest for 2017.

Is USA depreciating its USD deliberately to boost its exports for its own economic growth and also increase its own inflation rate so that it can hike interest rates?

Baltic dry index - 1209

Today, Friday, August 25 2017, the Baltic Dry Index climbed by 9 points, reaching 1209 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 - 940

HOUSTON — The number of rigs exploring for oil and natural gas in the U.S. decreased by six this week to 940.

A year ago, just 489 rigs were active.

Houston oilfield services company Baker Hughes said Friday that 759 rigs sought oil and 180 explored for natural gas this week. One was listed as miscellaneous.

Among major oil- and gas-producing states, Louisiana, North Dakota and Ohio each added one rig.

Pennsylvania and Texas each lost three rigs. Alaska, Oklahoma and Utah were down by one apiece.

Arkansas, California, Colorado, New Mexico, West Virginia and Wyoming 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

An introduction of Malacca Gateway.

Malacca Gateway is truly a majestic development which will surpass any development in Singapore insofar.

This development is truly amazing!  Once this is completed, it will definitely replace Singapore as a shipping hub with China's port alliance.  This is not a question of IF but WHEN.

When there is a typhoon, just stay indoor and do not fight the nature.

There is no superman and do not try to be a superman.  Just leave your vehicle and stay indoor for your own safety.  Do not fight the nature unless you are really a superman.

Singapore stock calls for 25 August 2017

Russia is showing to the USA that it will get involved in the Korean peninsula war.

https://sg.news.yahoo.com/russia-sends-nuclear-capable-bombers-mission-near-south-072849269.html

Russia is telling the world with a show of force that it will get involved in the Korean peninsula war.  This is also sending a clear signal to the USA not to attack North Korea unilaterally.

Great job, Putin!

Hahaha! Japanese historian proved that Diaoyu belonged to China.

http://en.people.cn/n3/2017/0824/c90000-9259862.html

This is really funny.  More and more Japanese are fed up with its own government.

First, NHK published a documentary to prove that Unit 731 existed and committed atrocities that the Japanese government denied.

Next, Japanese historian provided an ancient Japanese map which showed that Diaoyu belonged to China.  This proved that the USA and Japan robbed Diaoyu from China after WW2.

The historical facts are present everywhere in the world and it's getting harder for Japanese to change its unglamorous history.

UFO spotted in Philippines!

http://www.dailymail.co.uk/news/article-4811838/Alien-hunters-spot-UFO-clouds-Philippines.html

UFOs are coming to Asia now!

Singapore stock calls for 24 August 2017

Vietnam calls for unity in Southeast Asia. What a joke!

https://www.reuters.com/article/us-southchinasea-vietnam-idUSKCN1B4099

This is really making a mockery out of Southeast Asia.  If you look at the timeline, Vietnam was the first to start building infrastructures on disputed islands in South China Sea.  Vietnam also robbed an island from Taiwan during bad weather in South China Sea in the past.

How to trust Vietnam when it is a troublemaker by itself?  Our late PM Lee didn't trust Vietnam in the past and we must not trust Vietnam too.  Our late PM Lee was the first PM in the world to write to the Thai King to warn about the bellicose Vietnam and also encouraged the USA to attack Vietnam which sparked off the Vietnam war.

Trade war between USA and China will start soon!

https://sg.finance.yahoo.com/news/china-says-necessary-means-defend-024752877.html

Trump is violating WTO rules by unilaterally invoking its US section 301 trade act.  International trading rules must be preserved and respected.  Trump should file a complaint to WTO and fight it out with China in WTO court of arbitration instead of using its own archaic law.

By taking such unilateral action, China will also follow suit and won't follow WTO rules by invoking its own trading act.  When 2 titans fight, the world trading will suffer because these 2 countries will impose unreasonably high taxes against each other.  This ensuing outcome will create economic problems for the whole world.

Last but not least, China has the population size and money to fight an economic war with the USA but the USA doesn't have the deep pocket like China.  Many USA firms operating in China will suffer too in such an economic war.

See the power of typhoon Hato in Hong Kong 23 August 2017

Typhoons will get more severe and frequent in the future due to global warming.

Singapore stock calls for 23 August 2017

Lee Hsien Loong gets court approval to jail his nephew Li Sheng Wu.

http://www.todayonline.com/singapore/agc-gets-green-light-contempt-court-proceedings-against-mr-li-shengwu

Why is PM Lee so adamant in bludgeoning his own nephew?

This was because PM Lee's younger brother, LHY, destroyed PM Lee's son political career as the PM's son was forced to issue a statement that he was not interested in any political career.  Therefore, PM Lee must ensure that LHY's son also cannot enter politics in the future.

LHL and LHY will NEVER get along because the rift is too deep since this saga has supervened upon the younger generation.

Tan Cheng Block's appeal was dismissed by the high court.

http://www.channelnewsasia.com/news/singapore/tan-cheng-bock-s-appeal-over-upcoming-presidential-election-9149466

This is not surprising at all.  I would be surprised if the court ruled in Tan's favour.

Notwithstanding the court's dismission, our readers know the real first elected president in Singapore.

http://sg-stock.blogspot.sg/2017/08/our-poll-showed-that-our-readers-knew.html

This is the danger of a one-party system.  The one-party system can change historical facts and events.

China-India border scuffle at Ladakh

The left side of the border is China and the right side of the border is India.

From the leaked out video, the Chinese soldiers were winning the fight and the Indian soldiers were retreating with their flag.  However, the Indian news media reported that they won the fight and forced the Chinese soldiers back into the China territory.

https://www.cnbc.com/2017/08/15/india-china-soldiers-involved-in-border-altercation-indian-sources.html

The Indians couldn't even win in an unarmed close combat fight and they wanted to go to war with China.

Singapore over promises and under delivers for the BRI involvement.

https://sg.finance.yahoo.com/news/china-construction-bank-raising-15-060435088.html

We did state previously in our posting that it was impossible for SG to compete with China & HK for the BRI financing.  Please see our posting below.

http://sg-stock.blogspot.sg/2017/06/what-joke-singapore-to-help-bankroll.html

SG wants to help to finance for the BRI but it just doesn't have the capability to do that because China & HK are more financially savvier than SG.  SG doesn't realize that China has overtaken SG in terms of technology and financial capabilities and still think that it can advise China on developments.

Last but not least, we monitor China developments and our readers can get some updates on China developments on our blog especially those who are intransigent about China.

Singapore stock calls for 22 August 2017

Climate change is causing a lot of weird clouds nowadays.

We need to stop global warming now or we're killing ourselves.

India says China stand off will end soon.

http://www.channelnewsasia.com/news/asiapacific/india-says-china-stand-off-will-end--soon--9143768

India is saying a rhetoric statement because everyone knows winter snow is coming in September.  Both sides will retreat due to the snow, not because an agreement has been reached by both parties.

We stated this in our previous posting.

http://sg-stock.blogspot.sg/2017/08/china-has-presented-factsheet-about.html

A glimpse into the near future of automation.

Fully automatic manufacturing factory without any human (dark factory).

Automatic pharmacy in a hospital.

Medical revolution is coming! Doctors watch out!

http://en.people.cn/n3/2017/0820/c90000-9257744.html

Medical doctors will be in lesser demand in the future because of medical AI which can perform better than human doctors.  This is a necessary revolution in preparation for space exploration as space travellers require medical AI and robotic operation.

Have you seen robots dancing before?

This is so cool!