http://en.people.cn/n3/2017/0402/c90000-9198274.html
USA and China are fostering better relationship without involving middleman like SG. When the 2 titans can talk to each other directly, SG has no strategic role to play anymore except to be used as a pawn for whipping when these 2 titans squabble.
Monday, April 3, 2017
Another China-Europe rail freight has started.
http://en.people.cn/n3/2017/0401/c90000-9198268.html
Another rail freight route has started from China to Budapest by bypassing Asean sea route. China is progressing ahead while we are regressing.
Another rail freight route has started from China to Budapest by bypassing Asean sea route. China is progressing ahead while we are regressing.
Saturday, April 1, 2017
FED is expected to reduce its massive treasuries holdings in 2017 - Part 2
http://finance.yahoo.com/news/fed-signals-could-promptly-start-shedding-bonds-portfolio-163001902--sector.html
Interest rates will continue to rise in 2017 & 2018 because of inflation and also dumping of US treasuries. Companies which leverage on debts for growth will be badly affected by rising interest rates. One such company is Amazon.
http://sg-stock.blogspot.sg/2017/02/fed-is-expected-to-reduce-its-massive.html
Interest rates will continue to rise in 2017 & 2018 because of inflation and also dumping of US treasuries. Companies which leverage on debts for growth will be badly affected by rising interest rates. One such company is Amazon.
http://sg-stock.blogspot.sg/2017/02/fed-is-expected-to-reduce-its-massive.html
Baltic dry index - 1297
Today, Friday, March 31 2017, the Baltic Dry Index decreased by 27 points, reaching 1297 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: Cosco, Sembcorp Marine & Pan Ocean.
US rig count - 824
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by 15 this week to 824.
A year ago, 450 rigs were active.
Houston oilfield services company Baker Hughes Inc. said Friday that 662 rigs sought oil and 160 explored for natural gas this week. Two were listed as miscellaneous.
Texas increased by seven rigs and Louisiana added six. Alaska rose by three while New Mexico gained two.
Colorado declined by two. North Dakota and Utah were off one each.
Arkansas, California, Kansas, Ohio, Oklahoma, Pennsylvania, West Virginia and Wyoming were all unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out last May at 404.
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Related stocks: Keppel Corp, Sembcorp Marine, Cosco.
Friday, March 31, 2017
Germany VS USA in world trade.
https://sg.finance.yahoo.com/news/germany-urges-eu-file-wto-081445679.html
It is useless for Germany to file a complaint against USA in WTO because Trump had said it would ignore WTO ruling. There is pretty much nothing to be done. If Germany antagonizes USA too much, USA will demand more money from NATO or even pull out of NATO.
Germany can only sit in a corner to suck its own thumb.
It is useless for Germany to file a complaint against USA in WTO because Trump had said it would ignore WTO ruling. There is pretty much nothing to be done. If Germany antagonizes USA too much, USA will demand more money from NATO or even pull out of NATO.
Germany can only sit in a corner to suck its own thumb.
Wilmar has lost its prerogative to sell sugar processed by its mills
http://www.reuters.com/article/us-australia-sugar-politics-idUSKBN17105H
Wilmar can no longer force farmers to let it sells sugar after processing the sugar in its mills. This is a business setback for Wilmar because farmers can sell the sugar themselves. Wilmar will definitely lose some businesses after processing the sugar.
Wilmar can no longer force farmers to let it sells sugar after processing the sugar in its mills. This is a business setback for Wilmar because farmers can sell the sugar themselves. Wilmar will definitely lose some businesses after processing the sugar.
Thursday, March 30, 2017
Beware! Police scam going around in Singapore now!
Zika is back in Singapore again!
https://sg.news.yahoo.com/first-zika-cluster-of-2017-detected-at-simon-place-nea-113735820.html
Be careful! Zika will have permanent effects on males.
Be careful! Zika will have permanent effects on males.
Wednesday, March 29, 2017
Tuesday, March 28, 2017
Monday, March 27, 2017
Trump is extorting money from Germany!
https://sg.news.yahoo.com/donald-trump-printed-made-300bn-132015850.html
Relationship between EU and USA will be rocky as long as Trump is the president.
Relationship between EU and USA will be rocky as long as Trump is the president.
Saturday, March 25, 2017
Baltic dry index - 1240
Today, Friday, March 24 2017, the Baltic Dry Index climbed by 44 points, reaching 1240 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: Cosco, Sembcorp Marine.
US rig count - 809
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by 20 this week to 809.
A year ago, 464 rigs were active.
Houston oilfield services company Baker Hughes Inc. said Friday that 652 rigs sought oil and 155 explored for natural gas this week. Two were listed as miscellaneous.
Texas increased by eight rigs and Oklahoma added seven. New Mexico rose by three while Alaska, California, North Dakota, Pennsylvania and West Virginia gained one each.
Louisiana declined by two and Wyoming by one.
Arkansas, Colorado, Kansas, Ohio, and Utah were all unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out last May at 404.
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Related Stocks: Keppe Corp, Sembcorp Marine, Cosco.
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