Thursday, October 26, 2017
US Treasury yields had been rising for the past 2 weeks.
Dangers will be lurking when the 10-year yield reaches 3% and the stock markets will react very negatively.
Wednesday, October 25, 2017
Apple has chosen TSMC as its sole manufacturer for the A12 chips.
http://www.idownloadblog.com/2017/09/29/tsmc-starts-development-apple-a12-chips-iphone-2018/
Apple has chosen TSMC as its sole manufacturer for the A12 chips leaving Samsung out of the game.
However, Samsung will compete with TSMC for the A13 chips.
https://www.fool.com/investing/2017/10/24/apple-could-split-a13-chip-orders-between-2-chip-g.aspx
Apple has chosen TSMC as its sole manufacturer for the A12 chips leaving Samsung out of the game.
However, Samsung will compete with TSMC for the A13 chips.
https://www.fool.com/investing/2017/10/24/apple-could-split-a13-chip-orders-between-2-chip-g.aspx
Great news! Singapore passport is the most powerful in the world now.
https://sg.news.yahoo.com/singapore-now-powerful-passport-world-index-013119189.html
What does this mean?
Basically, it just means that we can go to many countries without applying for VISAs.
That's about it. Don't expect other fringe benefits to be attached to SG passport. We still need to go through the same custom checks like other passports unless you are holding a diplomatic passport.
What does this mean?
Basically, it just means that we can go to many countries without applying for VISAs.
That's about it. Don't expect other fringe benefits to be attached to SG passport. We still need to go through the same custom checks like other passports unless you are holding a diplomatic passport.
China newest politburo standing committee names!
https://sg.finance.yahoo.com/news/meet-men-charge-china-apos-035300501.html
The 7 most powerful men in China are announced after the closure of the 19th party congress.
The 7 most powerful men in China are announced after the closure of the 19th party congress.
Saudi Arabia doesn't believe in bitcoin too.
http://www.marketwatch.com/story/bitcoin-is-enron-in-the-making-saudi-prince-alwaleed-2017-10-23?siteid=yhoof2&yptr=yahoo
Saudi Arabia prince also believes that bitcoin will implode one day. This means that Saudi Arabia won't adopt and legalize bitcoin trading because it doesn't want its citizens to be affected by bitcoin implosion. We can also infer that the Middle East won't legalize bitcoin too.
Saudi Arabia prince also believes that bitcoin will implode one day. This means that Saudi Arabia won't adopt and legalize bitcoin trading because it doesn't want its citizens to be affected by bitcoin implosion. We can also infer that the Middle East won't legalize bitcoin too.
Apple Iphone X shipments are only half as forecasted.
https://finance.yahoo.com/news/apple-iphone-x-shipments-half-111609139.html
Apple does have a problem selling its flagship Iphone X as it is beset with some technical problems and the high price.
Let's see how this will pan out later.
Apple does have a problem selling its flagship Iphone X as it is beset with some technical problems and the high price.
Let's see how this will pan out later.
The 8 immortals that control China, not the 8 deities in the folklore.
No, we are not talking about the famous folklore, "The 8 deities who crossed the sea". We are talking about the 8 powerful families that control China. They control and command all the resources in China such as finance and banking, public utility and transportation, military, etc.
http://www.telegraph.co.uk/news/worldnews/asia/china/9767514/Heirs-of-Communist-Chinas-Eight-Immortals-have-amassed-huge-wealth.html
http://www.zerohedge.com/news/2012-12-26/octagon-oligarchy-meet-chinas-eight-immortals-infographic
Xi Jinping managed to wrestle and gain control from the 8 powerful families with some going downhills while others pledging loyalties to him.
For example, Li Peng's daughter was booted out of the public utility industry in China.
http://www.telegraph.co.uk/news/worldnews/asia/china/9767514/Heirs-of-Communist-Chinas-Eight-Immortals-have-amassed-huge-wealth.html
http://www.zerohedge.com/news/2012-12-26/octagon-oligarchy-meet-chinas-eight-immortals-infographic
Xi Jinping managed to wrestle and gain control from the 8 powerful families with some going downhills while others pledging loyalties to him.
For example, Li Peng's daughter was booted out of the public utility industry in China.
Xi Jinping's leadership looks set to continue after the 19th Party Congress.
Xi Jinping didn't name his successor at the closure of the 19th Party Congress. This means that he will continue to be the leader for the next decade.
Look like the rumour was true after all about Jiang's support for Xi's leadership continuation. Please read our previous post below.
http://sg-stock.blogspot.sg/2017/10/jiang-zemin-lost-political-battle-to-xi.html
Look like the rumour was true after all about Jiang's support for Xi's leadership continuation. Please read our previous post below.
http://sg-stock.blogspot.sg/2017/10/jiang-zemin-lost-political-battle-to-xi.html
Tuesday, October 24, 2017
Russia to issue its own cryptocurrency and this may destroy bitcoins in the future.
https://techcrunch.com/2017/10/15/russia-may-soon-issue-its-own-official-blockchain-based-currency-the-cryptoruble/
Russia will issue its own cryptocurrency which cannot be mined by others and can only be issued by the Russian government.
We did say before in our previous posting that blockchain technology was more useful than the cryptocurrency per se because cryptocurrency was a derivative of blockchain technology.
If more and more countries start to issue their own cryptocurrencies that cannot be mined, bitcoin's value will crash as ordinary people can use the official cryptocurrencies to transfer money. In the end, only criminals will use bitcoins to stay anonymous.
http://sg-stock.blogspot.sg/2017/10/bitcoin-fanatics-dumbest-thing-on-wall.html
Russia will issue its own cryptocurrency which cannot be mined by others and can only be issued by the Russian government.
We did say before in our previous posting that blockchain technology was more useful than the cryptocurrency per se because cryptocurrency was a derivative of blockchain technology.
If more and more countries start to issue their own cryptocurrencies that cannot be mined, bitcoin's value will crash as ordinary people can use the official cryptocurrencies to transfer money. In the end, only criminals will use bitcoins to stay anonymous.
http://sg-stock.blogspot.sg/2017/10/bitcoin-fanatics-dumbest-thing-on-wall.html
Here we go again! Indian man raped woman in broad daylight with onlookers.
https://www.thesun.co.uk/news/4748399/woman-is-raped-in-broad-daylight-on-pavement-as-onlookers-do-nothing-to-stop-sex-beast/
India is a country that doesn't respect women. Any woman in India is just a whore to any Indian man.
Be very careful if you want to visit India or in India!
http://sg-stock.blogspot.sg/2017/10/indian-women-was-gang-raped-at-gun.html
India is a country that doesn't respect women. Any woman in India is just a whore to any Indian man.
Be very careful if you want to visit India or in India!
http://sg-stock.blogspot.sg/2017/10/indian-women-was-gang-raped-at-gun.html
China has started its autonomous electric bus road test recently.
Sigh! What is SG doing? Our government is focusing on diabetics, preschooling and technology embracement.
No wonder our MRT is breaking down so frequently and we've "ponding" at Bishan MRT.
China is really a high technology country.
No wonder the China people are laughing at SG for being so outdated and low-tech.
Monday, October 23, 2017
Italy is on the verge of breaking up after Spain.
https://www.reuters.com/article/us-italy-politics-referendum/italian-regions-vote-in-favor-of-autonomy-in-shadow-of-catalonia-crisis-idUSKBN1CR0EY
The domino effect is happening. Some parts of Italy also want to gain independence after Catalan's independence vote.
If Europe allows Catalan's independence, there won't be any reason to stop others from following suit. Catalan will be kicked out of Europe after independence and has to pay high taxes for its goods and services. No FTA for Catalan!
The domino effect is happening. Some parts of Italy also want to gain independence after Catalan's independence vote.
If Europe allows Catalan's independence, there won't be any reason to stop others from following suit. Catalan will be kicked out of Europe after independence and has to pay high taxes for its goods and services. No FTA for Catalan!
Abe won the Japan election on Sunday.
https://sg.finance.yahoo.com/news/japan-apos-leader-just-won-042200543.html
He won because his opposition was too weak but Abe's support was just as weak as before. Nothing much changes because abenomics policies don't work anymore. Abe prefers to focus on the pacifist constitution reforms instead of the economic reforms.
https://www.reuters.com/article/us-japan-election/japans-abe-to-push-pacifist-constitution-reform-after-strong-election-win-idUSKBN1CS0C3
Abe wants to have the prerogative to start a war!
He won because his opposition was too weak but Abe's support was just as weak as before. Nothing much changes because abenomics policies don't work anymore. Abe prefers to focus on the pacifist constitution reforms instead of the economic reforms.
https://www.reuters.com/article/us-japan-election/japans-abe-to-push-pacifist-constitution-reform-after-strong-election-win-idUSKBN1CS0C3
Abe wants to have the prerogative to start a war!
Noble will report a loss of $1.2B in Q3.
https://sg.finance.yahoo.com/news/noble-group-sell-oil-liquids-business-vitol-580-001536214--finance.html
Q2 2017 = $1.75B loss
Q3 2017 = $1.2B loss
How long do you think Noble can last after losing close to $3B in just 2 quarters?
The cash proceeds from this sale will be $580M which are still much lesser than its debt of more than $3B.
Noble is burning cash pretty fast!
Q2 2017 = $1.75B loss
Q3 2017 = $1.2B loss
How long do you think Noble can last after losing close to $3B in just 2 quarters?
The cash proceeds from this sale will be $580M which are still much lesser than its debt of more than $3B.
Noble is burning cash pretty fast!
Sunday, October 22, 2017
The truth behind Li Ka Shing's divestment in China.
Why did Li Ka Shing cash out of China?
Li Ka Shing was trying to avoid being persecuted by Xi Jinping for bribery in China and had no choice but to cash out of China. Li Ka Shing's divestment was not due to any loss of confidence in China economic growth as China was still growing pretty well and the property market was still on an upward trend after his divestment.
Li Ka Shing started to do very well in the property developments in China after getting to know Jiang Zemin whilst Jiang was still in power. Li Ka Shing transferred one of his subsidiaries' shares to Jiang's son in exchange for a property development in China and that exchange was the first major pot of gold for Jiang. Thereafter, there were many exchanges of favours and monetary rewards between them including the expeditious capture of the Li son's kidnapper in China.
However, things began to change after Xi's ascension to power. Xi embarked on his corruption-fighting campaign after becoming the leader and also wrestled with Jiang because Xi discovered Jiang's intention to get rid of Xi. Jiang regretted his decision to support Xi because Xi was more upright than he thought.
Therefore, Li Ka Shing quickly cashed out of China and moved his HQ to London from HK. As we all know, HK is part of China and Li Ka Shing doesn't want to take the risk.
Li Ka Shing was trying to avoid being persecuted by Xi Jinping for bribery in China and had no choice but to cash out of China. Li Ka Shing's divestment was not due to any loss of confidence in China economic growth as China was still growing pretty well and the property market was still on an upward trend after his divestment.
Li Ka Shing started to do very well in the property developments in China after getting to know Jiang Zemin whilst Jiang was still in power. Li Ka Shing transferred one of his subsidiaries' shares to Jiang's son in exchange for a property development in China and that exchange was the first major pot of gold for Jiang. Thereafter, there were many exchanges of favours and monetary rewards between them including the expeditious capture of the Li son's kidnapper in China.
However, things began to change after Xi's ascension to power. Xi embarked on his corruption-fighting campaign after becoming the leader and also wrestled with Jiang because Xi discovered Jiang's intention to get rid of Xi. Jiang regretted his decision to support Xi because Xi was more upright than he thought.
Therefore, Li Ka Shing quickly cashed out of China and moved his HQ to London from HK. As we all know, HK is part of China and Li Ka Shing doesn't want to take the risk.
Jiang Zemin lost the political battle to Xi Jinping.
Despite Jiang's flailing condition, he had to attend Xi's presentation in the 19th Communist Party Congress to give the face to Xi. In fact, Jiang could have excused himself from the Party Congress based on his poor health.
We still could tell that Jiang and Xi had an acrimonious relationship because Xi didn't bother to help Jiang to be seated. Xi just stood there like a statue without displaying any kind gesture.
It's pretty obvious who won the political battle in China.
There is a rumour circulating that Jiang and Xi have reached a settlement in secrecy. Xi will not persecute Jiang for corruption and also spare his 2 sons in exchange for the support in Xi's leadership continuation.
http://sg-stock.blogspot.sg/2017/07/political-battles-are-playing-out-in.html
Saturday, October 21, 2017
US fiscal deficit in 2017 - USD$666B
http://www.marketwatch.com/story/us-ends-fiscal-2017-with-666-billion-budget-deficit-2017-10-20
https://sg-stock.blogspot.sg/2017/09/trump-us5t-tax-plan-wont-get-passed.html
The US fiscal deficit in 2017 is already USD$666b. Trump tax plan will add more to its current deficit. However, the Senate only managed to pass the deficit of USD$1.5T in the next decade. Therefore, Trump couldn't get his $5T tax plan fully implemented.
https://sg-stock.blogspot.sg/2017/09/trump-us5t-tax-plan-wont-get-passed.html
Baltic dry index - 1578
Today, Friday, October 20 2017, the Baltic Dry Index decreased by 4 points, reaching 1578 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 - 913
HOUSTON (AP) - The number of rigs exploring for oil and natural gas in the U.S. declined by 15 this week to 913.
That's up from the 553 rigs that were active a year ago.
Houston oilfield services company Baker Hughes said Friday that 736 rigs sought oil and 177 explored for natural gas this week.
Among major oil- and gas-producing states, Texas lost eight rigs, Alaska and Wyoming each declined by two and New Mexico and Utah each lost one.
Arkansas, California, Colorado, Kansas, Louisiana, 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 of 2016 at 404.
=====================
Related stocks: Keppel Corp, Sembcorp Marine & Cosco
Friday, October 20, 2017
UK has no prerogative to meddle in HK's affairs.
https://www.theguardian.com/uk-news/2017/oct/18/uk-summons-chinese-ambassador-after-british-activist-barred-benedict-rogers-barred-hong-kong#img-1
HK is part of China and UK has no prerogative to meddle in HK's affairs. HK's autonomy is not defined by the UK.
How would UK feel if China demands the UK to give Scotland independence?
HK is part of China and UK has no prerogative to meddle in HK's affairs. HK's autonomy is not defined by the UK.
How would UK feel if China demands the UK to give Scotland independence?
China GDP grew at 6.8% in Q3.
http://www.thestar.com.my/business/business-news/2017/10/19/china-q3-gdp-grows-6pt8pct-on-year-in-line-with-forecasts/
This was quite close to what was estimated at 7%.
Let's hope that China can continue the momentum till the end of the year.
http://sg-stock.blogspot.sg/2017/10/chinas-economy-is-powering-ahead-with.html
This was quite close to what was estimated at 7%.
Let's hope that China can continue the momentum till the end of the year.
http://sg-stock.blogspot.sg/2017/10/chinas-economy-is-powering-ahead-with.html
UOB has just marked down its O&G loans by 70-80%.
https://sg.finance.yahoo.com/news/uob-burdened-toxic-loans-o-044300079.html
This showed that our banks had been too optimistic about the recovery in the O&G industry in the past.
Let's see what DBS & OCBC will do.
We did warn about such optimism and the banks were not forthcoming with O&G loan exposures.
http://sg-stock.blogspot.sg/2017/08/singapore-banks-are-facing-strong.html
This showed that our banks had been too optimistic about the recovery in the O&G industry in the past.
Let's see what DBS & OCBC will do.
We did warn about such optimism and the banks were not forthcoming with O&G loan exposures.
http://sg-stock.blogspot.sg/2017/08/singapore-banks-are-facing-strong.html
Thursday, October 19, 2017
ECB will start QE tapering in Jan 2018.
https://sg.finance.yahoo.com/news/ecb-gently-trim-asset-buys-delicate-messaging-act-063209193--business.html
ECB will start reducing bond purchases by $20B euros in Jan 2018. The bond purchases will reduce from $60b to $40b in Jan 2018 and will continue to reduce gradually over time.
ECB will start reducing bond purchases by $20B euros in Jan 2018. The bond purchases will reduce from $60b to $40b in Jan 2018 and will continue to reduce gradually over time.
Spain to suspend Catalan autonomy.
https://in.news.yahoo.com/spain-moves-suspend-catalan-autonomy-094803353.html
https://qz.com/1106478/catalonia-independence-crisis-spain-plans-to-invoke-article-155-and-impose-direct-rule/?utm_source=YPL&yptr=yahoo
The Spanish move will definitely spark more instabilities in Catalan and the Spain stock market.
https://qz.com/1106478/catalonia-independence-crisis-spain-plans-to-invoke-article-155-and-impose-direct-rule/?utm_source=YPL&yptr=yahoo
The Spanish move will definitely spark more instabilities in Catalan and the Spain stock market.
HNA to delist CWT from SGX after Nov 2.
http://www.businesstimes.com.sg/companies-markets/cwt-to-be-delisted-after-nov-2-as-hnas-control-crosses-90
Goodbye CWT!
Another client has left SGX. Sigh!
Goodbye CWT!
Another client has left SGX. Sigh!
SGX doesn't understand the capital market!
Why do I say that?
Just look at the flopped collaborative agreements in the past.
SGX-CLOB failed!
SGX-ASX failed!
SGX-TWSE failed!
SGX-ASEAN failed!
https://www.theedgesingapore.com/asean-trading-linkage-quietly-shuts-down
The SGX has just signed another collaborative agreement with Nasdaq. Needless to say, it will flop too because no company will want to list on SGX when it can list on Nasdaq. This win-lose collaboration will benefit Nasdaq more than SGX.
https://www.thestreet.com/story/14347895/1/nasdaq-singapore-s-sgx-announce-agreement.html?puc=yahoo&cm_ven=YAHOO&yptr=yahoo
SGX just doesn't understand the capital market and stock trading exchange well enough. It removed and reinstated the lunch break, kept changing the bid/sell spreads, etc. No wonder SGX is losing its listed clients more than it is attracting the IPOs.
Just look at the flopped collaborative agreements in the past.
SGX-CLOB failed!
SGX-ASX failed!
SGX-TWSE failed!
SGX-ASEAN failed!
https://www.theedgesingapore.com/asean-trading-linkage-quietly-shuts-down
The SGX has just signed another collaborative agreement with Nasdaq. Needless to say, it will flop too because no company will want to list on SGX when it can list on Nasdaq. This win-lose collaboration will benefit Nasdaq more than SGX.
https://www.thestreet.com/story/14347895/1/nasdaq-singapore-s-sgx-announce-agreement.html?puc=yahoo&cm_ven=YAHOO&yptr=yahoo
SGX just doesn't understand the capital market and stock trading exchange well enough. It removed and reinstated the lunch break, kept changing the bid/sell spreads, etc. No wonder SGX is losing its listed clients more than it is attracting the IPOs.
Tuesday, October 17, 2017
North Korea warns of a nuclear war!
https://sg.news.yahoo.com/nuclear-war-may-break-time-warns-north-korea-042811050.html
I hope there won't be a nuclear war in Asia as this will cause devastations.
The USA softens its stance after NK warning which is a good news for Asia.
https://sg.news.yahoo.com/u-not-ruling-eventual-direct-talks-north-korea-024603566.html
I hope there won't be a nuclear war in Asia as this will cause devastations.
The USA softens its stance after NK warning which is a good news for Asia.
https://sg.news.yahoo.com/u-not-ruling-eventual-direct-talks-north-korea-024603566.html
Bitcoin fanatics: Dumbest thing on wall street.
https://www.thestreet.com/story/14340563/1/dumbest-thing-on-wall-street-bitcoin.html
Bitcoin fanatics really don't know what they're saying.
They try to use the Wi-Fi analogy to say that Bitcoin is as useful as Wi-Fi but Bitcoin is not Wi-Fi. Wi-Fi is a technology but bitcoin is a derivative of a technology. The technology behind Bitcoin is Blockchain, an open digital ledger.
One of the derivatives of Wi-Fi is wireless files transfer. Therefore, Bitcoin is just like a wireless files transfer if we want to make a compatible comparison. We use wifi everyday but not wireless files transfer. Therefore, bitcoin is not as important and useful as what the fanatics portend it to be. It is the blockchain technology that we're interested in, not bitcoin.
Anyway, Wi-Fi is already outdated because there is Li-Fi now.
It's time for the fanatics to wake up from their dreams.
Bitcoin fanatics really don't know what they're saying.
They try to use the Wi-Fi analogy to say that Bitcoin is as useful as Wi-Fi but Bitcoin is not Wi-Fi. Wi-Fi is a technology but bitcoin is a derivative of a technology. The technology behind Bitcoin is Blockchain, an open digital ledger.
One of the derivatives of Wi-Fi is wireless files transfer. Therefore, Bitcoin is just like a wireless files transfer if we want to make a compatible comparison. We use wifi everyday but not wireless files transfer. Therefore, bitcoin is not as important and useful as what the fanatics portend it to be. It is the blockchain technology that we're interested in, not bitcoin.
Anyway, Wi-Fi is already outdated because there is Li-Fi now.
It's time for the fanatics to wake up from their dreams.
China won't be using normal MRTs in the future.
Singapore non-oil domestic exports (NODX) - Part 6
Singapore NODX decreased 1.1% in September YOY.
Year on year changes:
Year on year changes:
September 2017: -1.1%
August 2017: 16.7%
July 2017: 8.5%
June 2017: 8.2%
May 2017: -1.2%
Apr 2017: -0.7%
Mar 2017: 16.5%
Feb 2017: 21.1%
Jan 2017: 8.6%
Dec 2016: 9.1%
Nov 2016: 15.6%
May 2017: -1.2%
Apr 2017: -0.7%
Mar 2017: 16.5%
Feb 2017: 21.1%
Jan 2017: 8.6%
Dec 2016: 9.1%
Nov 2016: 15.6%
Somalia worst terrorist attack in decades.
https://www.theguardian.com/world/2017/oct/15/truck-bomb-mogadishu-kills-people-somalia
A truck bomb had just killed more than 300 people in Somalia last Saturday but not many news media reported it.
Whether the victims are black, white, yellow or brown, we must express abhorrence towards such terrorism of killing innocent lives.
A truck bomb had just killed more than 300 people in Somalia last Saturday but not many news media reported it.
Whether the victims are black, white, yellow or brown, we must express abhorrence towards such terrorism of killing innocent lives.
Monday, October 16, 2017
Our PM Lee still thinks that the Tuas mega port will boost Singapore as a maritime hub!
http://www.businesstimes.com.sg/transport/tuas-mega-port-will-boost-singapore-as-a-maritime-hub-pm-lee
Our PM Lee negates the Melaka Gateway impacts on SG port and also disregards the China port alliance which bypasses SG.
China also took over the Gwadar port in Pakistan from SG and this would definitely impact SG. We fought so hard to get the Gwadar port under SG control because it was strategically located.
http://sg-stock.blogspot.sg/2016/10/singapore-was-no-match-for-china-in.html
All these are omitted from PM Lee's speech. Therefore, I would DISAGREE totally with his analysis.
Our PM Lee negates the Melaka Gateway impacts on SG port and also disregards the China port alliance which bypasses SG.
China also took over the Gwadar port in Pakistan from SG and this would definitely impact SG. We fought so hard to get the Gwadar port under SG control because it was strategically located.
http://sg-stock.blogspot.sg/2016/10/singapore-was-no-match-for-china-in.html
All these are omitted from PM Lee's speech. Therefore, I would DISAGREE totally with his analysis.
New downturn MRT open house encountered service disruptions.
http://www.todayonline.com/singapore/train-delay-blights-downtown-line-open-house
We cannot even make our MRT work properly nowadays!
The top management always blames the lower ranked employees for not doing the job well.
If you've been living in China, you will know that China MRTs carry more people than SG but they won't break down like our MRTs.
How can we expect to have a proper working KL-SG HSR?
We cannot even make our MRT work properly nowadays!
The top management always blames the lower ranked employees for not doing the job well.
If you've been living in China, you will know that China MRTs carry more people than SG but they won't break down like our MRTs.
How can we expect to have a proper working KL-SG HSR?
North Korea and South Korea won't hold talks in Russia.
https://sg.finance.yahoo.com/news/north-korea-not-ready-hold-talks-south-korea-092549896.html
It is not surprising that NK is unwilling to talk to SK. We did state the reason for this impasse in our previous posting below.
https://sg-stock.blogspot.sg/2017/09/south-korea-seeks-russias-help-to.html
It is not surprising that NK is unwilling to talk to SK. We did state the reason for this impasse in our previous posting below.
https://sg-stock.blogspot.sg/2017/09/south-korea-seeks-russias-help-to.html
Global inflation is coming because China PPI is spiking!
https://sg.finance.yahoo.com/news/china-september-producer-prices-jump-most-six-months-023245562--finance.html
China PPI rose 6.9% in September year-on-year! It is only a matter of time that China will export inflation to the world. Therefore, it is right for FED to raise interest rate in December.
China PPI rose 6.9% in September year-on-year! It is only a matter of time that China will export inflation to the world. Therefore, it is right for FED to raise interest rate in December.
China's economy is powering ahead with an estimate of 7% in H2.
https://sg.finance.yahoo.com/news/chinas-pboc-chief-sees-7-percent-gdp-growth-034417545--business.html
It's nice to see China powering ahead with good economic growth because China is our largest trading partner. SG can just ride on China's prosperity and prosper together.
Cheers!
It's nice to see China powering ahead with good economic growth because China is our largest trading partner. SG can just ride on China's prosperity and prosper together.
Cheers!
Saturday, October 14, 2017
OMG! Apple Iphones may be banned in China!
https://www.theverge.com/2017/10/13/16472908/qualcomm-iphone-sales-ban-lawsuit-china
Qualcomm has applied to a China court to ban Iphones in China. If this injunction gets passed, Apple stock prices will crash because China is Apple's largest market outside the USA.
Qualcomm has applied to a China court to ban Iphones in China. If this injunction gets passed, Apple stock prices will crash because China is Apple's largest market outside the USA.
Bitcoin trading analysis!
Why was there a rumour that China would resume bitcoin trading soon?
http://sg-stock.blogspot.sg/2017/10/bitcoin-soars-to-all-time-high.html
The reason is simple: The Japanese investors are trying to cash out by making the bitcoin prices spike higher.
If you look at the historical events in bitcoin trading, you would realize that the USA started trading bitcoins at less than $1000. Thereafter, the Chinese traded bitcoins at $1000+ and cashed out at $4000+ because of China regulations. Then, Japan legalized bitcoin trading and the Japanese traded bitcoins at around $4000+. Therefore, the Japanese investors have to make the bitcoins trade higher so that they can cash out. This is akin to the passing of the baton game and the last guy who holds the baton will get the penalty.
http://sg-stock.blogspot.sg/2017/10/bitcoin-soars-to-all-time-high.html
The reason is simple: The Japanese investors are trying to cash out by making the bitcoin prices spike higher.
If you look at the historical events in bitcoin trading, you would realize that the USA started trading bitcoins at less than $1000. Thereafter, the Chinese traded bitcoins at $1000+ and cashed out at $4000+ because of China regulations. Then, Japan legalized bitcoin trading and the Japanese traded bitcoins at around $4000+. Therefore, the Japanese investors have to make the bitcoins trade higher so that they can cash out. This is akin to the passing of the baton game and the last guy who holds the baton will get the penalty.
Baltic dry index - 1485
Today, Friday, October 13 2017, the Baltic Dry Index climbed by 27 points, reaching 1485 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 - 928
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. declined by eight this week to 928.
That's up from the 539 rigs that were active a year ago.
Houston oilfield services company Baker Hughes said Friday that 743 rigs sought oil and 185 explored for natural gas this week.
Among major oil- and gas-producing states, Alaska, Kansas, North Dakota and Pennsylvania each gained one rig.
Texas lost four rigs, Oklahoma declined by three, California lost two and Louisiana and West Virginia each declined by one.
Arkansas, Colorado, New Mexico, Ohio, Utah and Wyoming were 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.
Friday, October 13, 2017
The troublemaker, USA, lost the war in Syria to Russia.
http://www.newsweek.com/us-lost-war-syria-iran-russia-winning-final-battle-674833
Who and what started the war in Syria in the first place?
The USA was the one who created the war in Syria by trying to topple the Syrian government. Then, it roped the UK into the tussle against Syria to gain a stronger foothold. The USA & UK were trying to control the Middle East by establishing more proxies but the Russian thwarted the plan. In the end, it was the Russian who managed to gain control of Syria. The USA and UK can no longer decide on Syria today because of the Russian's intervention.
In a nutshell, the USA, UK and Russia are the countries that created the mess in Syria for their own political interests.
China knew exactly what was going on in Syria and censured the UK in the UN. The UK couldn't rebut China because it was guilty as charged.
http://www.china-un.org/eng/hyyfy/t1452588.htm
Quote:
"Lastly, I should like to point out once again that it is totally unacceptable for the British representative to publicly distort the solemn position of another country in the Council Chamber. His logic is untenable. We hope that, on the issue of chemical weapons, on which the international community is in consensus, he will stop using the Security Council in an abusive manner for his own political purposes, as that is not in the interest of the Syrian people, and that, in the future, the British representative will refrain from such practices."
End Quote.
Who and what started the war in Syria in the first place?
The USA was the one who created the war in Syria by trying to topple the Syrian government. Then, it roped the UK into the tussle against Syria to gain a stronger foothold. The USA & UK were trying to control the Middle East by establishing more proxies but the Russian thwarted the plan. In the end, it was the Russian who managed to gain control of Syria. The USA and UK can no longer decide on Syria today because of the Russian's intervention.
In a nutshell, the USA, UK and Russia are the countries that created the mess in Syria for their own political interests.
China knew exactly what was going on in Syria and censured the UK in the UN. The UK couldn't rebut China because it was guilty as charged.
http://www.china-un.org/eng/hyyfy/t1452588.htm
Quote:
"Lastly, I should like to point out once again that it is totally unacceptable for the British representative to publicly distort the solemn position of another country in the Council Chamber. His logic is untenable. We hope that, on the issue of chemical weapons, on which the international community is in consensus, he will stop using the Security Council in an abusive manner for his own political purposes, as that is not in the interest of the Syrian people, and that, in the future, the British representative will refrain from such practices."
End Quote.
ECB is concerned about cryptocurrency and may take action against it.
https://uk.reuters.com/article/us-eu-bitcoin-mersch/ecb-concerned-virtual-currencies-may-not-be-sufficiently-guaranteed-idUKKBN1CI13V
China, South Korea and Russia have taken actions against cryptocurrency. Europe will be joining the foray against cryptocurrency soon.
China, South Korea and Russia have taken actions against cryptocurrency. Europe will be joining the foray against cryptocurrency soon.
SPH is shutting down Asiaone website.
https://sg.news.yahoo.com/sph-news-aggregator-site-asiaone-close-090754309.html
SPH doesn't know how to grow its web media business despite having a complete monopoly in Singapore. Therefore, it is resorting to cutting manpower, closing down money-losing operation and venturing into the property business.
When SPH is ranked no. 151 out of 180 in the world press freedom ranking in 2017, it is hard to impose a subscription on readers as readers can read better quality news online for free.
https://rsf.org/en/ranking
SPH doesn't know how to grow its web media business despite having a complete monopoly in Singapore. Therefore, it is resorting to cutting manpower, closing down money-losing operation and venturing into the property business.
When SPH is ranked no. 151 out of 180 in the world press freedom ranking in 2017, it is hard to impose a subscription on readers as readers can read better quality news online for free.
https://rsf.org/en/ranking
Bitcoin soars to an all time high!
http://www.marketwatch.com/story/bitcoin-soars-to-a-new-all-time-high-above-5100-2017-10-12?siteid=yhoof2&yptr=yahoo
This is obviously the work of someone or a syndicate spreading a rumour that China will allow bitcoin trading to resume soon which sparks the spike in bitcoin price.
China will never do a policy u-turn in such a short time.
Bitcoin is just a manipulated commodity by a small group of people.
This is obviously the work of someone or a syndicate spreading a rumour that China will allow bitcoin trading to resume soon which sparks the spike in bitcoin price.
China will never do a policy u-turn in such a short time.
Bitcoin is just a manipulated commodity by a small group of people.
Apple is facing significant headwinds for its flagship Iphones!
https://finance.yahoo.com/news/iphone-8-already-sold-discount-china-154113017.html
China has started to offer discounts for Iphone 8 due to the poor sales and people are doubtful about the Iphone X now.
Apple is in troubles now! It will drag its suppliers down too.
China has started to offer discounts for Iphone 8 due to the poor sales and people are doubtful about the Iphone X now.
Apple is in troubles now! It will drag its suppliers down too.
Great news! Singapore is growing exceptionally strong in the 3rd quarter.
http://www.channelnewsasia.com/news/singapore/strong-manufacturing-drives-singapore-gdp-growth-to-4-6-in-q3-9304566
SG is growing strongly at 4.6% in Q3 year-on-year compared to 2.4% in Q2.
Hopefully, this year will be a better year than last year. Cheers!
SG is growing strongly at 4.6% in Q3 year-on-year compared to 2.4% in Q2.
Hopefully, this year will be a better year than last year. Cheers!
UK is poignant that China values the USA more.
https://www.usnews.com/news/world/articles/2017-10-06/uk-pm-may-postpones-trip-to-china-to-avoid-timetable-clash-with-trump-sky
The UK has to visit China to get more trade deals because of its own Brexit. However, it is feeling poignant that China chooses to entertainment the USA instead of the UK in November 2017.
Therefore, the UK is postponing the China trip. However, it has offered a good faith gesture to China by not conducting freedom of navigation in South China Sea as it badly needs more trade deals.
http://en.people.cn/n3/2017/1012/c90000-9279266.html
We can tell from this that everything in this world is about politics and money. The UK always encourages independence in other states or countries. For example, the UK supports Tibet independence, Taiwan independence and HK independence. However, when it comes to Scotland independence, the UK doesn't allow it. This just goes to show that the UK is nothing but just a hypocrite.
The UK has to visit China to get more trade deals because of its own Brexit. However, it is feeling poignant that China chooses to entertainment the USA instead of the UK in November 2017.
Therefore, the UK is postponing the China trip. However, it has offered a good faith gesture to China by not conducting freedom of navigation in South China Sea as it badly needs more trade deals.
http://en.people.cn/n3/2017/1012/c90000-9279266.html
We can tell from this that everything in this world is about politics and money. The UK always encourages independence in other states or countries. For example, the UK supports Tibet independence, Taiwan independence and HK independence. However, when it comes to Scotland independence, the UK doesn't allow it. This just goes to show that the UK is nothing but just a hypocrite.
Thursday, October 12, 2017
Physics 101 - All objects will fall to the ground at the same time.
In physics, we learnt that all objects would fall to the ground at the same time. However, we realized that it was impossible in the real world. Scientists had proven the laws of physics in a controlled environment whereby there's no air resistance to affect the falling objects.
When there's no air resistance, objects really fall to the ground at the same time regardless of weight and shape because the same gravity is acting on the objects.
Another investment trust to delist from SGX!
http://www.businesstimes.com.sg/real-estate/indiabulls-properties-investment-trust-gets-takeover-offer-of-90-s-cents-apiece
SGX is losing its clients faster than it can attract new clients. Genting HK, Global Logistics and Indiabulls Properties are all leaving SGX.
SGX is losing its clients faster than it can attract new clients. Genting HK, Global Logistics and Indiabulls Properties are all leaving SGX.
The USA has proven itself to be lacking in credibility
https://sg.finance.yahoo.com/news/trump-expected-decertify-iran-nuclear-030700035.html
Trump has reinforced the common global perspective about USA's credibility. There is no point in signing any contract with the USA government because it can renege on its contractual obligations at its whims and fancies.
No wonder the North Korea doesn't trust the USA. There is no way that the Korea peninsula crisis can be resolved without trust.
Trump has reinforced the common global perspective about USA's credibility. There is no point in signing any contract with the USA government because it can renege on its contractual obligations at its whims and fancies.
No wonder the North Korea doesn't trust the USA. There is no way that the Korea peninsula crisis can be resolved without trust.
How will the Kobe steel scandal affect you?
https://www.theguardian.com/business/2017/oct/11/japan-kobe-steel-scandal-ford-toyota-honda-mazda-boeing
If you drive a Japanese car or take a Japan made MRT, you better watch out.
The low quality steels have been used in cars, aircrafts, space rockets, trains and defence equipment. There are many steel grades and Kobe falsified data about the strength and durability of such steels for approvals to be used.
Consumer safety has been compromised!
If you drive a Japanese car or take a Japan made MRT, you better watch out.
The low quality steels have been used in cars, aircrafts, space rockets, trains and defence equipment. There are many steel grades and Kobe falsified data about the strength and durability of such steels for approvals to be used.
Consumer safety has been compromised!
Wednesday, October 11, 2017
Russia accuses the USA of condoning ISIS in Syria.
https://sg.news.yahoo.com/russia-says-islamic-state-operates-near-u-syria-092515410.html
This is not surprising and unexpected as the USA has been grooming terrorists in the Middle East especially when Hillary Clinton was the secretary of state.
Saddem and Osama used to be close allies of the USA in the past. The USA started to wipe them out when it lost control of the terrorists. Many of the terrorists were trained by the USA and armed with USA weapons.
This is not surprising and unexpected as the USA has been grooming terrorists in the Middle East especially when Hillary Clinton was the secretary of state.
Saddem and Osama used to be close allies of the USA in the past. The USA started to wipe them out when it lost control of the terrorists. Many of the terrorists were trained by the USA and armed with USA weapons.
I like Warren Buffett's view on cryptocurrency. How about you?
How did Warren Buffett view cryptocurrency?
Warren Buffett viewed cryptocurrency as a means of money transfer and not real money. This is also his reason for not investing in cryptocurrency. His rationale behind cryptocurrency is substantiated by his financial background and investment experiences and he uses a simple analogy to explain the cryptocurrency.
His analogy:
Cryptocurrency is just a means of money transfer which is similar to a conventional cheque. A cheque is also a means of money transfer. How much would you pay for a cheque then? He said he couldn't understand the rationale for other people wanting to pay so much for a cryptocurrency just for money transfer. There is no real use for a cryptocurrency and it doesn't yield any dividend at all.
We really need a savvy billionaire like him to jolt us back from our dreamland to the reality. Even an ex-IMF economist doesn't have faith in cryptocurrency.
https://www.coindesk.com/ex-imf-economist-kenneth-rogoff-joins-bitcoin-will-collapse-chorus/
Warren Buffett viewed cryptocurrency as a means of money transfer and not real money. This is also his reason for not investing in cryptocurrency. His rationale behind cryptocurrency is substantiated by his financial background and investment experiences and he uses a simple analogy to explain the cryptocurrency.
His analogy:
Cryptocurrency is just a means of money transfer which is similar to a conventional cheque. A cheque is also a means of money transfer. How much would you pay for a cheque then? He said he couldn't understand the rationale for other people wanting to pay so much for a cryptocurrency just for money transfer. There is no real use for a cryptocurrency and it doesn't yield any dividend at all.
We really need a savvy billionaire like him to jolt us back from our dreamland to the reality. Even an ex-IMF economist doesn't have faith in cryptocurrency.
https://www.coindesk.com/ex-imf-economist-kenneth-rogoff-joins-bitcoin-will-collapse-chorus/
Tuesday, October 10, 2017
Russia to ban cryptocurrency trading after China.
https://sg.finance.yahoo.com/news/russian-central-bank-ban-websites-offering-crypto-currencies-084024434--business.html
This will definitely reduce money laundering for Russian. Cryptocurrencies are mostly used for money laundering instead of proper commercial transactions. Therefore, it will be a matter of time for cryptocurrencies to implode in the future.
https://www.coindesk.com/ex-imf-economist-kenneth-rogoff-joins-bitcoin-will-collapse-chorus/
This will definitely reduce money laundering for Russian. Cryptocurrencies are mostly used for money laundering instead of proper commercial transactions. Therefore, it will be a matter of time for cryptocurrencies to implode in the future.
https://www.coindesk.com/ex-imf-economist-kenneth-rogoff-joins-bitcoin-will-collapse-chorus/
China won the contract to build MRT in Singapore.
https://sg.news.yahoo.com/china-railway-tunnel-wins-311-million-contract-build-circle-line-6-station-094802082.html
Look like our PM Lee has shown goodwill gesture towards China after visiting China in September 2017.
Is this a prelude to the KL-SG HSR contract to China? China has not responded to our KL-SG invitation insofar.
http://sg-stock.blogspot.sg/2017/09/why-is-china-so-blase-about-singapore.html
Look like our PM Lee has shown goodwill gesture towards China after visiting China in September 2017.
Is this a prelude to the KL-SG HSR contract to China? China has not responded to our KL-SG invitation insofar.
http://sg-stock.blogspot.sg/2017/09/why-is-china-so-blase-about-singapore.html
Malaysia to impose S$8 VEP on SG cars.
https://sg.news.yahoo.com/foreign-registered-vehicles-soon-pay-s8-enter-malaysia-084713445.html
This new VEP of S$8 is on top of the 20ringgit imposed on SG cars earlier.
We did state clearly in our previous posting that Malaysia won't be so accommodative towards SG anymore. Please read our posting below.
http://sg-stock.blogspot.sg/2016/10/malaysia-to-impose-20ringgit-road.html
This new VEP of S$8 is on top of the 20ringgit imposed on SG cars earlier.
We did state clearly in our previous posting that Malaysia won't be so accommodative towards SG anymore. Please read our posting below.
http://sg-stock.blogspot.sg/2016/10/malaysia-to-impose-20ringgit-road.html
Monday, October 9, 2017
Sigh! Another big market capitalisation stock will delist from SGX after Genting HK.
http://www.businesstimes.com.sg/companies-markets/global-logistic-gets-sgx-nod-aims-to-be-delisted-by-april-14-2018
GLP will delist next year. SGX has been losing quite a number of big clients because it is losing its competitiveness due to low liquidity. Low liquidity stock exchange will not yield a high valuation for a listing company.
SGX always attracts mid-size companies to list on its stock exchange while bigger ones prefer to list on HKEX and US stock exchanges.
GLP will delist next year. SGX has been losing quite a number of big clients because it is losing its competitiveness due to low liquidity. Low liquidity stock exchange will not yield a high valuation for a listing company.
SGX always attracts mid-size companies to list on its stock exchange while bigger ones prefer to list on HKEX and US stock exchanges.
Indian women was gang raped at gun point in front of her hubby and baby.
http://indiatoday.intoday.in/story/woman-alleges-gangrape-at-gunpoint-muzaffarnagar-uttar-pradesh/1/1063401.html
India is really a rapist paradise. This is really disgusting!
India is really a rapist paradise. This is really disgusting!
The UK prepares for war with North Korea.
https://sg.news.yahoo.com/britain-apos-prepares-war-north-031737023.html
Was this the storm that Trump was talking about?
http://sg-stock.blogspot.sg/2017/10/hot-news-trump-calm-before-storm.html
The UK is a close ally of the USA. Therefore, the UK is privy to any decision from the USA.
This Korean peninsula war won't be a simple war because too many countries are involved.
China, Russia, North Korea, South Korea, Japan, USA and UK will be involved in this Korean war. OMG!
Was this the storm that Trump was talking about?
http://sg-stock.blogspot.sg/2017/10/hot-news-trump-calm-before-storm.html
The UK is a close ally of the USA. Therefore, the UK is privy to any decision from the USA.
This Korean peninsula war won't be a simple war because too many countries are involved.
China, Russia, North Korea, South Korea, Japan, USA and UK will be involved in this Korean war. OMG!
Turkey and USA are at loggerheads now.
https://sg.news.yahoo.com/us-turkey-mutually-suspend-visa-services-032403342.html
The USA's support for the Turds has got on the Turkey's nerves and also pushes Turkey closer to Russia.
Turkey is a NATO member whereby NATO is controlled by the USA.
Let's see how this will pan out.
The USA's support for the Turds has got on the Turkey's nerves and also pushes Turkey closer to Russia.
Turkey is a NATO member whereby NATO is controlled by the USA.
Let's see how this will pan out.
Saturday, October 7, 2017
Hot news! Trump: "The calm before the storm."
Is Trump insinuating that he will start the NK war soon? Stock markets will crash big time because of the NK war!
Maybe he will impose harsher sanctions against Iran which is a bigger threat to the USA than NK.
Let's see.
Iphone 8 batteries swelling problem is real!
https://in.news.yahoo.com/apple-looking-iphone-8-batteries-swelling-044603544.html
More than half a dozen cases reported in Japan, Taiwan, China, Canada & Greece. This will definitely impact Iphone 8 sales.
Apple shares price will get dicey.
More than half a dozen cases reported in Japan, Taiwan, China, Canada & Greece. This will definitely impact Iphone 8 sales.
Apple shares price will get dicey.
Sigh! The North Korea rocket man may conduct missile test again!
https://sg.news.yahoo.com/north-korea-preparing-long-range-missile-test-ria-044934551.html
This is to retaliate against the USA for the new sanctions against NK.
NK fat boy knows that the USA won't dare to attack NK. Therefore, he is continuing his missile launching game.
This is to retaliate against the USA for the new sanctions against NK.
NK fat boy knows that the USA won't dare to attack NK. Therefore, he is continuing his missile launching game.
Baltic dry index - 1405
oday, Friday, October 06 2017, the Baltic Dry Index climbed by 23 points, reaching 1405 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 - 936
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. declined by four this week to 936.
That's up from the 524 rigs that were active a year ago.
Houston oilfield services company Baker Hughes said Friday that 748 rigs sought oil and 187 explored for natural gas this week. One was listed as miscellaneous.
Among major oil- and gas-producing states, Oklahoma gained three rigs and Colorado added one.
Texas lost three rigs, Pennsylvania and Wyoming lost two each, and Louisiana shed one rig.
Alaska, Arkansas, California, New Mexico, North Dakota, Ohio, Utah and West Virginia were 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.
Friday, October 6, 2017
Please vote on our HSR poll.
We would like to know our readers' response to the KL-SG HSR ticket price.
Please vote on our HSR poll.
Please vote on our HSR poll.
KL-SG HSR ticket price will be around $60-$65 for a single trip.
https://www.theedgesingapore.com/one-way-ticket-kl-sg-hsr-could-cost-60-65-iseas
OMG! That's really expensive as a return trip will cost $120-$130 per pax. I don't think a Singapore family will travel to KL often for leisure purpose because of the high price.
A Singaporean family of 4 will cost around $500.
OMG! That's really expensive as a return trip will cost $120-$130 per pax. I don't think a Singapore family will travel to KL often for leisure purpose because of the high price.
A Singaporean family of 4 will cost around $500.
China has boosted its air power with the 5th generation J-20.
http://fortune.com/2017/09/28/china-chengdu-j-20-stealth-fighter-jet/
The touted J20 is in service now in China air force. This will boost its air power and will counter the USA F-35 in Japan and South Korea.
The touted J20 is in service now in China air force. This will boost its air power and will counter the USA F-35 in Japan and South Korea.
Thursday, October 5, 2017
Wednesday, October 4, 2017
Genting HK is delisting from SGX.
http://www.businesstimes.com.sg/companies-markets/genting-hk-to-delist-from-sgx-retain-single-primary-listing-in-hong-kong
This is a company with a market capitalization of about S$2.9B. SGX has lost another big client. SGX really cannot compete with HKEX.
This is a company with a market capitalization of about S$2.9B. SGX has lost another big client. SGX really cannot compete with HKEX.
Catalonia will announce independence soon after successfully breaking away from Spain.
https://sg.finance.yahoo.com/news/catalonia-apos-leader-apos-declare-051800633.html
This is definitely not good news for Europe because it will set an example for others to follow. Scotland has been trying to break away from UK and will want to follow Catalonia.
Ireland, France and Italy will also face increased pressures from separatists in their own countries.
This is definitely not good news for Europe because it will set an example for others to follow. Scotland has been trying to break away from UK and will want to follow Catalonia.
Ireland, France and Italy will also face increased pressures from separatists in their own countries.
Tuesday, October 3, 2017
China will be replacing WIFI with LIFI soon.
http://en.people.cn/n3/2017/1003/c202936-9276460.html
Wifi will be outdated soon and wifi chips in computers, routers and mobile phones will become obsolete.
China has achieved another breakthrough in technology and everyone will be using LIFI soon.
Wifi will be outdated soon and wifi chips in computers, routers and mobile phones will become obsolete.
China has achieved another breakthrough in technology and everyone will be using LIFI soon.
Kevin Warsh is slated to replace Janet Yellen as FED Chair.
https://www.cnbc.com/2017/10/02/fed-chair-favorite-warsh-believes-central-bank-is-slave-of-the-sp.html?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=104746283&yptr=yahoo
This man is more hawkish than Janet Yellen and he will want to end the QE much faster than Yellen as he sees that FED is being held hostage by the stock market.
This man is more hawkish than Janet Yellen and he will want to end the QE much faster than Yellen as he sees that FED is being held hostage by the stock market.
USA gunman fired a machine gun at the crowd below the Mandalay Hotel.
https://www.nytimes.com/2017/10/02/us/las-vegas-shooting.html
This is definitely an act of terrorism. The white man was shooting from the 32nd floor of Mandalay Hotel. He mounted his machine gun in the hotel room and fired at the crowd below. Up till date, about 59 died in this shooting craze.
This is definitely an act of terrorism. The white man was shooting from the 32nd floor of Mandalay Hotel. He mounted his machine gun in the hotel room and fired at the crowd below. Up till date, about 59 died in this shooting craze.
Spain police attacked referendum voters!
Apple is reporting bad sales for Iphone 8 and 8 plus in China, HK and India.
http://indianexpress.com/article/technology/iphone-8/lack-of-innovation-high-prices-discouraging-people-from-buying-iphones-4870685/
https://www.cnet.com/news/china-no-crowds-apple-stores-iphone-8-launch/
Some analysts attribute the poor sales to the upcoming Iphone X sales launch. If the Iphone X sales launch is also bad, Apple and its suppliers' stock prices will fall again.
https://www.cnet.com/news/china-no-crowds-apple-stores-iphone-8-launch/
Some analysts attribute the poor sales to the upcoming Iphone X sales launch. If the Iphone X sales launch is also bad, Apple and its suppliers' stock prices will fall again.
Monday, October 2, 2017
The Chinese who hated China would always emigrate to the USA.
https://www.nytimes.com/2017/10/01/business/facebook-china-guo-wengui.html?mcubz=3
This is the same with Amos Yee who hates Singapore. All these people will take up the USA citizenships and badmouth their own countries of origin when they're no longer in their birthplaces.
Therefore, not all Chinese Americans are pro-China and most of them are not China spies.
This is the same with Amos Yee who hates Singapore. All these people will take up the USA citizenships and badmouth their own countries of origin when they're no longer in their birthplaces.
Therefore, not all Chinese Americans are pro-China and most of them are not China spies.
Spain is breaking up.
http://www.marketwatch.com/story/catalonia-leader-with-90-approval-we-have-the-right-to-be-independent-2017-10-01?siteid=yhoof2&yptr=yahoo
This comes after Iraq break-up. This Spain break-up doesn't bode well for Europe because Spain is not doing well now and will become weaker. Catalonia constitutes 10% of Spain's population but 20% of Spain's economy. Spain will drag Europe down.
This comes after Iraq break-up. This Spain break-up doesn't bode well for Europe because Spain is not doing well now and will become weaker. Catalonia constitutes 10% of Spain's population but 20% of Spain's economy. Spain will drag Europe down.
Sunday, October 1, 2017
Bad Iphone sales launch in China.
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