US rig count - 506

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

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

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

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

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

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

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

Singapore stock calls for 16 September 2016

Will breaking the law in good faith exonerate your guilt?

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

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

The lawyers are damn stupid to argue in this way.

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

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

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

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

Duterte has put actions into his words!

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

Simple maths problem

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

Singapore stock calls for 15 September 2016

Singapore stock calls for 14 September 2016

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

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

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

USA is losing support in South China Sea.

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

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

Singapore stock calls for 13 September 2016

Baltic dry index - 804

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

Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.

US rig count - 508

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

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

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

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

Oklahoma declined by four and New Mexico was off two.

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

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

Singapore stock calls for 9 September 2016

Iphone 7 problems!

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

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

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

Singapore stock calls for 8 September 2016.

Russia supports China overtly to reject PCA ruling!

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

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

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

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

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

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

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

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

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

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

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

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

Singapore stock calls for 7 September 2016.

Singapore stock calls for 6 September 2016