https://sg.news.yahoo.com/us-growth-hits-3-low-0-7-trumps-132946785.html
US growth is faltering but its contribution is not as huge as China. Therefore, it's more important to monitor China economic growth.
Friday, April 28, 2017
Conflict of interest between USA & Japan
https://sg.finance.yahoo.com/news/japan-not-concessions-two-way-trade-talks-u-020810258--business.html
USA president and Japan PM are supported by farmers and it's very difficult to back down on either side on agricultural trades because both will lose political powers if they do not protect their own farming industries.
We foresee Japan to be the greater loser as Japan's economic power is nowhere near USA's.
USA president and Japan PM are supported by farmers and it's very difficult to back down on either side on agricultural trades because both will lose political powers if they do not protect their own farming industries.
We foresee Japan to be the greater loser as Japan's economic power is nowhere near USA's.
LOL! Trump is demanding protection fee from South Korea.
https://sg.news.yahoo.com/seoul-rejects-trump-demand-pays-missile-system-042006455.html
Guess what! South Korea is not paying for THAAD and THAAD will be kicked out of SK after the tension subsides in North Korea peninsula.
Nobody will pay for a useless defence system as it cannot defend against low flying rockets.
Guess what! South Korea is not paying for THAAD and THAAD will be kicked out of SK after the tension subsides in North Korea peninsula.
Nobody will pay for a useless defence system as it cannot defend against low flying rockets.
Thursday, April 27, 2017
Something is seriously wrong with Trump's grandeur plan.
http://www.latimes.com/politics/washington/la-na-essential-washington-updates-trump-wants-to-cut-business-rate-to-15-1493215127-htmlstory.html
How is he going to plug the budget deficit that he's creating with all the fiscal spending, military expansion and corporate tax cut? Money doesn't just drop from the sky unless he's planning to print money again.
How can the government continue to finance welfare benefits such as unemployment claims, medicare and so on with lesser tax receipts?
How is he going to plug the budget deficit that he's creating with all the fiscal spending, military expansion and corporate tax cut? Money doesn't just drop from the sky unless he's planning to print money again.
How can the government continue to finance welfare benefits such as unemployment claims, medicare and so on with lesser tax receipts?
SGX is finding increasingly hard to attract companies to list.
https://sg.finance.yahoo.com/news/more-chinese-firms-saying-goodbye-044700267.html
SGX is nothing compared to HKEX as HKEX is 10x bigger than SGX. SGX can only attract mid-size and small companies to come to list on SGX.
When China companies don't come to SG, SG stock valuations will fall because of illiquidity.
SGX is nothing compared to HKEX as HKEX is 10x bigger than SGX. SGX can only attract mid-size and small companies to come to list on SGX.
When China companies don't come to SG, SG stock valuations will fall because of illiquidity.
Tuesday, April 25, 2017
North Korean missiles were made from UK components.
http://www.dailymail.co.uk/news/article-4436180/Why-UK-parts-turning-Korean-missiles.html
UK is trying to exonerate itself from North Korean missiles now like what it did when UK approved export of nerve gas chemical to Syria.
UK is trying to exonerate itself from North Korean missiles now like what it did when UK approved export of nerve gas chemical to Syria.
Thailand has bought China military arsenal.
https://sg.news.yahoo.com/thai-junta-defends-cheap-393-mn-chinese-sub-041435682.html
Thailand and China have formed military pact through these purchases as the thais will be trained by the chinese.
The Thais sure know how to diversify their weaponry and not rely just on USA. This is definitely a good strategic move as Thailand won't be restricted by one nation.
Thailand and China have formed military pact through these purchases as the thais will be trained by the chinese.
The Thais sure know how to diversify their weaponry and not rely just on USA. This is definitely a good strategic move as Thailand won't be restricted by one nation.
China naval military prowess.
Monday, April 24, 2017
North Korea is still defiant because US carriers are not in sight yet.
https://sg.news.yahoo.com/north-korea-says-ready-strike-u-aircraft-carrier-060107207.html
Let's see how defiant he will be when 3 USA carriers are near NK waters. He is pinning his hope on China & Russia to get involved in the possible war against USA.
Let's see how defiant he will be when 3 USA carriers are near NK waters. He is pinning his hope on China & Russia to get involved in the possible war against USA.
Sunday, April 23, 2017
NASA found tree stump on mars.
China is trying to erode Singapore's financial hub.
https://www.bloomberg.com/news/articles/2017-04-12/chinese-backers-said-to-plan-derivatives-exchange-in-singapore
The one-belt-one-road initiatives will definitely erode Singapore's sea hub status and this will diminish our port annual handling volumes. China is trying to erode our financial hub status by setting up an asia pacific exchange now. Our stock exchange is not doing well lately with many delistings and SGX has difficulty in attracting big companies to list in Singapore. SGX will be marginalised with this upcoming China's asia exchange.
The one-belt-one-road initiatives will definitely erode Singapore's sea hub status and this will diminish our port annual handling volumes. China is trying to erode our financial hub status by setting up an asia pacific exchange now. Our stock exchange is not doing well lately with many delistings and SGX has difficulty in attracting big companies to list in Singapore. SGX will be marginalised with this upcoming China's asia exchange.
Saturday, April 22, 2017
Baltic dry index - 1195
Today, Friday, April 21 2017, the Baltic Dry Index decreased by 48 points, reaching 1195 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.
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 - 857
HOUSTON (AP) - The number of rigs exploring for oil and natural gas in the U.S. rose by 10 this week to 857.
A year ago, 431 rigs were active.
Houston oilfield services company Baker Hughes Inc. said Friday that 688 rigs sought oil and 167 explored for natural gas this week. Two were listed as miscellaneous.
Texas added six rigs and Alaska, Colorado, North Dakota, Pennsylvania and Wyoming each gained one.
Oklahoma lost one rig.
Arkansas, California, Kansas, Louisiana, New Mexico, Ohio, Utah and West Virginia were 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.
Trump has enraged South Korea.
http://www.dailymail.co.uk/news/article-4431840/AP-Explains-How-single-Trump-sentence-enraged-South-Korea.html
Factually speaking, South Korea did pay tributes to China for a long period of time. However, this antagonization is not about history but more for political reason.
South Korea is making a big fuss because it is afraid to be sold out by USA. Trump is offending SK deliberately because he knows the next SK president may not want to install THAAD. This incident may actually force SK to accept the THAAD installation because SK doesn't want to be sold out.
Factually speaking, South Korea did pay tributes to China for a long period of time. However, this antagonization is not about history but more for political reason.
South Korea is making a big fuss because it is afraid to be sold out by USA. Trump is offending SK deliberately because he knows the next SK president may not want to install THAAD. This incident may actually force SK to accept the THAAD installation because SK doesn't want to be sold out.
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